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
Diesel just set a mid-August record, feeding into grocery and delivery bills
Diesel fuel rarely draws the attention that gasoline does, yet it has quietly climbed to its highest mid-August level on record, a milestone with consequences...
Artificial intelligence is behind more than half of 2026’s layoffs, already 205,000 jobs
Reports tracking corporate layoff announcements now attribute job cuts affecting roughly 205,000 American workers in 2026 at least partly to artificial intelligence, with automation named...
Gas has hit $4.03 a gallon, the highest ever recorded this late in the year and up 30% from a year ago
The national average price of regular gasoline reached $4.03 a gallon on August 13, 2026, the highest level ever recorded this deep into a calendar...
Carter’s is closing about 100 children’s-clothing stores as part of a larger retreat
Carter’s, the largest branded marketer of children’s apparel in the country, plans to close roughly 150 stores over three years, with about 100 of those...
Former SAVE-plan borrowers must pick a new repayment plan by about September 29 or a $0 payment can jump to hundreds
About 7.5 million borrowers who had been parked in the Saving on a Valuable Education plan are being pushed to choose a new way to...
Oregon is returning about $1.4 billion to taxpayers through its “kicker” credit this year
Oregon has certified a $1.41 billion revenue surplus for its most recent two-year budget cycle, and under a law unique to the state that money...
The maximum monthly SNAP benefit for a family of four has climbed to $994 in the 48 contiguous states
Households that rely on federal food aid are working with a slightly higher ceiling this year, though most will never see the full amount. Under...
The USDA plans to make every SNAP recipient reapply, starting in Minnesota
Federal agriculture officials have signaled that the roughly 42 million people who receive food-stamp benefits could eventually be required to reapply for them, and the...
Trump’s proposed $2,000 tariff-dividend checks still have not been introduced in Congress
President Trump’s promise of $2,000 tariff “dividend” checks remains just that, a promise, with no legislation to create the payments introduced in Congress nearly nine...
Macy’s plans to close up to 150 stores by the end of 2026, so cardholders should spend rewards before their store shuts
Macy’s expects to shut roughly 150 department stores by the close of its 2026 fiscal year, the final stretch of a three-year retrenchment that has...
The government has refunded $100 billion in tariffs to importers, yet the shoppers who paid the higher prices are getting nothing back
The federal government has returned roughly $100 billion in import tariffs to the companies that paid them, according to an August 5 court filing, months...
Costco and Walmart shoppers have sued over tariff overcharges, but no refunds have been approved
Shoppers have filed class-action lawsuits against Costco and Walmart alleging the retailers charged tariff-driven markups and now stand to pocket government refunds without passing anything...
Colorado sends low-income residents up to $1,154 a year to help cover property taxes, rent, and heat
Colorado sets aside a yearly rebate worth as much as $1,154 for older and low-income residents who struggle to pay property taxes, rent, or heating...
Affordable Care Act premiums are more than doubling for about 20 million people
The amount that Affordable Care Act marketplace enrollees pay for coverage has more than doubled on average, an increase that landed on roughly 20 million...
Home insurance is climbing a fifth straight year toward about $3,057
Home insurance is on track for a fifth consecutive year of increases, with the average annual premium projected to reach about $3,057. For homeowners on...
The average new-car payment has hit a record $777 a month
The average monthly payment on a new car has climbed to a record $777, a figure that turns a routine purchase into a major line...
Inflation cooled to 3.4% in July, yet electricity still costs 4.2% more than a year ago
Consumer prices rose 3.4% over the year through July, a slight cooling from the prior month and a sign that the worst of the recent...
The parent of QVC and HSN filed for bankruptcy to restructure $6.6 billion in debt
QVC Group, the parent company of QVC and HSN, entered Chapter 11 bankruptcy this year carrying roughly $6.6 billion in funded debt and a plan...
At Home now plans to close 32 stores in bankruptcy, up from 26
At Home, the big-box home-decor chain, has widened its bankruptcy closure list to 32 stores, up from the 26 it first announced. The retailer filed...
Saks is closing eight Fifth Avenue stores and roughly 57 outlet locations
Saks Global is shutting eight Saks Fifth Avenue department stores and closing roughly 57 of its Off 5th outlet locations as the luxury retailer works...