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
Veterans’ disability pay is projected to rise about 3.9% for 2027, first appearing in the payment dated December 1
Veterans’ disability compensation is on track for a raise of about 3.9% at the end of 2026, according to projections built on this year’s inflation...
A state circuit-breaker rebate can cut hundreds off a senior’s property taxes
Most property-tax breaks reward a category of homeowner: a senior, a veteran, a farmer. A circuit breaker works from a different premise. It targets the...
Illinois raised its senior property-tax freeze income limit to $75,000 for 2026
For years, a $65,000 income ceiling quietly locked many Illinois seniors out of one of the state’s more valuable property-tax breaks. That threshold has now...
New Jersey’s Stay NJ program now offers eligible homeowners 65 and older up to $6,500 a year in property-tax relief
New Jersey carries the highest average property-tax bill in the country, a burden that steadily pushes longtime residents out of the homes where they raised...
Grocery prices are up about 25% since 2019, and electricity has climbed 4% in just the past year
The official inflation rate has cooled, yet the checkout receipt tells a harsher story. Consumer prices rose 3.5% over the year ended June 2026, a...
Adults caring for a teenager lose their SNAP work-rule exemption in 2026 unless the youngest child is under 14
A federal rule that took effect on February 1, 2026 quietly redrew the line between which caregivers must work to keep their food stamps and...
A Senate bill from Josh Hawley would send at least $600 per person in tariff rebates, so a family of four could collect $2,400
A bill sitting in the U.S. Senate would hand most Americans a tariff rebate of at least $600 a person, enough for a family of...
A veteran’s monthly disability check rises once the rating reaches 30% and a dependent is added
A veteran’s monthly disability payment from the Department of Veterans Affairs is not a single flat figure. It climbs with the severity of the rated...
Filing a homestead exemption can cut thousands off a retiree’s taxable home value
One of the simplest ways for a retiree to lower a property-tax bill costs nothing but a form, and millions of eligible homeowners never file...
Utilities often offer a low-income senior discount, but a retiree must ask for it
A monthly utility bill is one of the largest fixed costs in most retired households, and for many older customers a piece of it is...
The federal Weatherization Assistance Program pays to insulate a low-income senior’s home and cut utility bills
For older homeowners living on a fixed income, a drafty, poorly insulated house is not just uncomfortable; it is a recurring expense that reappears on...
New York raised its senior property-tax exemption to 65% of assessed value for 2026
New York homeowners in their retirement years may see a larger break on their property taxes, though only where their local government chooses to grant...
A new federal plan caps student-loan payments at 1% to 10% of income but stretches forgiveness to 30 years
A federal repayment option that took effect on July 1, 2026 reshapes the math for anyone still carrying student debt, and the tradeoff sits right...
Walgreens is closing 1,200 stores, and seniors’ prescriptions move automatically to a nearby pharmacy
Older customers who fill regular medications at Walgreens face a practical question buried inside the chain’s long retrenchment: what happens to a prescription when the...
A bipartisan bill would let SSI recipients keep $10,000 in savings, up from a $2,000 cap frozen since 1989
A bipartisan group of lawmakers wants to lift a savings rule that has trapped some of the country’s poorest older and disabled residents for more...
A veteran’s widow can get tax-free VA survivor pay of $1,699.36 a month
The Department of Veterans Affairs pays an eligible surviving spouse a 2026 base Dependency and Indemnity Compensation rate of $1,699.36 a month. DIC is tax-free,...
A 2025 law will cap the home equity that protects Medicaid nursing-home eligibility at $1 million starting 2028
A federal change scheduled for 2028 will put a hard $1 million ceiling on most state Medicaid home-equity limits used for nursing-home and other long-term-care...
A bipartisan Senate bill would force Congress to vote on a fix before Social Security’s retirement and survivor fund can pay only 78% of benefits in 2032
Social Security’s financing problem has produced years of warnings but no enacted repair, and a new Senate proposal aims at that political stalemate rather than...
Roughly $1.2 trillion in projected Medicaid cuts could strain rural hospitals that many older patients depend on
The latest federal budget baseline is much larger than the old $625 billion talking point. CBO projects that the 2025 reconciliation law will reduce federal...
A new Medicaid work rule starts Jan. 1, 2027, requiring 80 hours a month or coverage can end
A federal Medicaid community-engagement rule is coming, but the controlling start date is Jan. 1, 2027—not an unqualified December launch. States must condition eligibility for...