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The Money Overview

Money in the News

Trending and breaking stories with a financial angle. This category covers the headlines that affect people’s wallets, from government policy shifts and cost of living changes to corporate upheaval and the financial side of technology. This is what keeps The Money Overview current with the broader news cycle.

Latest in Money in the News

Government & Policy

Illinois lawmakers delayed the nation’s first credit-card swipe-fee ban to 2027 — and a federal judge has now blocked it permanently

Illinois merchants who hoped to stop paying credit-card interchange fees on the tax and tip portions of customer transactions will have to keep waiting, and...

Cost of Living

More than 3.5 million Americans have lost SNAP food benefits since July, with enrollment down in every state

More than 3.5 million Americans stopped receiving Supplemental Nutrition Assistance Program benefits after a federal law signed on July 4, 2025, expanded work requirements and...

Cost of Living

Cooling your home will cost 8.5% more this summer as forecasters call for near-record heat

American households face a summer of rising cooling costs just as federal forecasters project temperatures well above normal across most of the country. The Energy...

Government & Policy

The Trump administration will appeal a ruling letting all importers claim tariff refunds

Every company that paid tariffs the courts struck down could soon get its money back, or the Trump administration will try to stop it. The...

Money in the News

Ford is recalling more than 179,000 Broncos and Rangers over a seat-bolt defect

Owners of certain Ford Broncos and Rangers built between 2021 and 2023 face a direct safety risk after the automaker initiated a recall covering more...

Cost of Living

Boeing will pay up to $5,000 to Washington job applicants who never saw a salary range in the posting

Boeing faces payouts of up to $5,000 per applicant to job seekers in Washington state who applied for positions that lacked required salary range disclosures....

Cost of Living

GasBuddy expects gas to average $4.80 a gallon nationwide this summer

American drivers face a summer of elevated fuel costs, with GasBuddy projecting that regular gasoline will average $4.80 a gallon nationwide through the peak driving...

Government & Policy

A judge wants answers June 9 on refunding 330,000 importers for struck-down tariffs — but the $1,300 those duties added to your household isn’t coming back

Up to 330,000 importers could be owed refunds on tariffs a federal court has already struck down, and Judge Mark Eaton has scheduled a June...

Tech & Your Wallet

Avis is paying victims of its 2024 data breach up to $5,000, and claims close June 21

Nearly 299,006 people who rented from Avis Budget Group now face a tight deadline to file claims for up to $5,000 tied to a data...

Government & Policy

The OBBB just raised the employer-provided childcare tax credit from $150,000 to $500,000 — workers should ask HR if their company is expanding daycare or backup-care benefits

A working parent in Dallas spending $22,000 a year on infant daycare probably did not celebrate when the One Big Beautiful Bill Act became law...

Government & Policy

A new federal flood-disclosure rule takes effect July 1 — sellers in 28 states will now have to tell buyers if the home has ever flooded before closing

When a home in Houston’s Meyerland neighborhood flooded for the fourth time in five years, the family that owned it made repairs, listed it, and...

Government & Policy

A $1 million personal umbrella policy costs about $200 a year — and a single at-fault accident or teen-driver lawsuit can shred homeowners and auto limits in one stroke

A 17-year-old runs a red light, T-bones a minivan, and sends three people to the hospital. The medical bills alone clear six figures before anyone...

Government & Policy

The U.S. effective tariff rate climbed to 17% in 2026 — the highest since the early 1930s, and the New York Fed says households pay nearly 90% of the bill

When Walmart told investors in its May 2026 earnings call that it could not absorb all incoming tariff costs and would have to raise prices...

Tech & Your Wallet

AI voice clones now need just three seconds of audio to fake any relative’s voice — a family code word agreed today blocks the fake emergency call before it works

Your phone buzzes at 2 a.m. The voice on the line belongs to your daughter. She’s sobbing, says she rear-ended someone on the highway, and...

Tech & Your Wallet

Google is paying $630 million to anyone who used Google Play between 2016 and 2023 — no claim needed, payouts go out automatically through PayPal or Venmo

Google is paying $630 million to anyone who used Google Play between 2016 and 2023 – no claim needed, payouts go out automatically through PayPal...

Government & Policy

A new federal Equal Credit Opportunity rule takes effect July 21 — lenders that deny credit must give the exact reason in plain language, not boilerplate codes

You apply for a credit card. A few days later, a letter arrives: “Application denied. Failed to achieve a qualifying score.” No further detail. No...

Cost of Living

ACA enhanced subsidies expired January 1 — premium payments for 22 million enrollees just doubled, adding $1,016 a year to the average household’s health bill

On the first Monday of January, millions of Americans opened their health insurance bills and found a number they didn’t recognize. Across the 22 million...

Government & Policy

Big banks must now hand your full account history to a rival bank in minutes for free — a CFPB open banking rule that just took effect April 1

Switching banks has always been a hassle, and Maria Torres knows it firsthand. The Chicago-based freelance graphic designer spent the better part of a weekend...

Government & Policy

Many states erase part or all of a home’s property tax for seniors, veterans, and disabled owners — but the break only applies if you file for it

Every year, homeowners across the country leave real money on the table because they never filed a single form. In Texas, a homeowner who turns...

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