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
Pennsylvania is paying eligible seniors up to $1,000 to offset property taxes or rent
Pennsylvania is sending eligible older residents rebates worth as much as $1,000 to offset the property taxes or rent they paid last year, and the...
The SAVE student-loan plan is dead, and borrowers have until about late September to choose a new one
The Saving on a Valuable Education plan, known as SAVE, is finished, and roughly 7.5 million borrowers now face a hard choice with a short...
A Senate bill would send $600 per person in tariff rebates, but it still hasn’t moved in Congress
A Senate proposal would put $600 in the pocket of most American adults, plus another $600 for each of their children, drawn from the revenue...
Starting in 2026, 18 states will block SNAP shoppers from buying soda and candy with benefits
Beginning in 2026, 18 states have won federal approval to bar residents from using SNAP benefits to buy soda, candy, and other sugary items, the...
More than 4 million people have lost SNAP food aid this year
More than 4 million people have dropped off the Supplemental Nutrition Assistance Program over the past year, one of the steepest declines the food-aid program...
Rite Aid has closed its last stores amid nearly 3,000 pharmacy closings nationwide
Rite Aid has shut the doors on its last remaining stores, ending more than six decades in business and closing a chapter in a retail...
Amazon is getting $600 million in tariff money back, and some shoppers could see a refund
Amazon told investors it collected about $600 million in tariff refunds in a single quarter, and it says a portion of that money will find...
A bill would let about 50,000 combat-injured veterans draw both retirement and disability pay
Tens of thousands of medically retired veterans lose part of their military retirement pay because of a decades-old federal offset, and a bill reintroduced in...
More than 1,500 U.S. stores are closing in 2026, and a lost pharmacy can strand seniors
The pace of American store closures is accelerating again in 2026, with retail analysts at Coresight Research tracking more than 1,500 shuttered locations so far...
New SNAP rules changed how utilities count, and about 600,000 households will see smaller benefits
A change buried in the 2025 federal budget law is about to shrink the monthly grocery assistance that roughly 600,000 U.S. households draw through the...
Some states waive property taxes entirely for veterans rated 100% disabled
A veteran rated by the federal government as 100 percent disabled from service-connected conditions can, in many states, stop paying property taxes on a primary...
Many states let homeowners 65 and older defer property taxes until the home is sold
Property-tax bills do not pause when a paycheck stops, and for older homeowners who are rich in home equity but short on monthly cash, that...
Texas homeowners 65 and older can shield $200,000 of home value and freeze their school taxes for life
Homeowners in Texas who reach age 65 gain two separate forms of relief on the property taxes that fund their local schools, and together the...
Trump’s tariffs are projected to cost the average household about $700 this year
Household budgets are absorbing a fresh hit from trade policy, and a new tally attaches a dollar figure to it. The Tax Foundation projects that...
Seniors 60 and older can deduct medical costs to raise their SNAP benefit
A quirk in the food-stamp rules lets many older Americans turn their doctor bills into a bigger grocery benefit, yet it is one of the...
LIHEAP helps low-income seniors pay part of their summer cooling bill
As summer electricity bills climb with each heat wave, a federal assistance program that most people associate only with winter heating quietly helps low-income seniors...
The number of older adults losing food stamps could top 1 million as SNAP work rules now reach ages 55 to 64
A change buried in last year’s sprawling federal budget law has quietly extended food-stamp work requirements to Americans in their late 50s and early 60s...
Former SAVE-plan borrowers can move to a new Repayment Assistance Plan, but Income-Based Repayment stays the surest path to forgiveness
The Education Department has begun moving roughly 7.5 million borrowers off the SAVE repayment plan after a federal court struck it down, and the servicers...
VA disability pay starts at $180.42 a month for a 10% rating in 2026
A veteran with a 10% disability rating from the Department of Veterans Affairs collects $180.42 a month in tax-free compensation in 2026, the entry point...
A wartime veteran or surviving spouse can qualify for an Aid and Attendance pension worth up to about $2,900 a month
The Department of Veterans Affairs runs a pension that many older veterans never hear about, and its top rate now reaches nearly $2,900 a month....