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
HUD’s seven-point chassis-free manufactured home plan lists no dates for any rule
HUD published a seven-point plan on October 7 for manufactured homes built without a permanent steel chassis, and the plan sets no date for any...
Heal 360 and its owner agree to pay $20 million over COVID testing billing allegations
Heal 360 Urgent Care PLLC, Heal 360 Primary Care PLLC and their owner, Dr. Mohammed Amer Mohiuddin of Plano, Texas, agreed on October 7 to...
IKEA is closing its three Washington-area plan-and-order stores by November 30
IKEA is closing all three of its small plan-and-order stores in the Washington, D.C. area, and the last one shuts November 30. Georgetown, in the...
President Trump signed the Billion Dollar Boondoggle Act on October 7, requiring a yearly list of federal projects five years late or a billion dollars over budget
A law signed October 7 requires the federal government to publish a yearly report on taxpayer-funded projects that are more than five years behind schedule...
Treasury can now verify who owns the bank account behind a federal payment, a check that went fully live September 30 under a Trump executive order
Treasury announced on October 6 that its checks on bank-account ownership and taxpayer identification numbers became fully operational on September 30, giving the department a...
President Trump named a three-member committee on October 7 to investigate allegations that Federal Reserve Governor Lisa Cook made false statements on mortgage papers
President Donald Trump signed a memorandum on October 7 creating a three-member committee to investigate allegations that Federal Reserve Governor Lisa D. Cook made false...
President Trump’s America.gov order directs federal services to a Login.gov sign-in but says it creates no centralized record system, with an implementation memo due within 90 days
President Trump signed Executive Order 14432 on September 29, directing federal agencies to route public services through a new America.gov website and to use Login.gov,...
Commerce exempted listed specialty medicines from 19 jurisdictions from the drug tariff President Trump imposed in April, and generics were never covered
The Commerce Department has set a zero tariff on listed specialty medicines from 19 jurisdictions, carving them out of the 100 percent duty President Trump...
Amway’s proposed FTC order would make distributors resell at least seven in ten of the products they buy each month, after the agency challenged pitches of more than $40,000 a year
The Federal Trade Commission and Washington State have asked a federal judge to sign an order that would require Amway’s independent business owners to sell...
Flood policies already in force run to their own end dates after December 11, while the borrowing limit behind FEMA’s flood claims drops from $30.425 billion to $1 billion
Federal flood insurance runs out of authority at midnight on December 11, 2026, and what stops that night is narrower than the date suggests. Policies...
San Diego’s proposed $40 million water-rate settlement would automatically refund overcharged accounts among about 436,069 single-family customers, with a December 11 hearing
A $40 million settlement between the City of San Diego and its single-family water customers would pay refunds automatically, with no claim form, if a...
Beef steaks averaged $12.813 a pound in the August price data
All uncooked beef steaks averaged $12.813 a pound across U.S. cities in August, according to the Bureau of Labor Statistics, up from $12.222 in August...
The SEC proposed on September 30 opening private markets to more retail savers and asked whether a CPA licence or CFA charter should make someone an accredited investor
The Securities and Exchange Commission asked on September 30 whether holding a CPA licence or a CFA charter should be enough, by itself, to make...
VA’s one-time car grant for disabled veterans rises to as much as $27,908.90
VA now pays up to $27,908.90 toward a vehicle for veterans whose service-connected disabilities keep them from driving a standard car, according to the rate...
Kentucky moves Medicaid expansion adults to six-month renewals from January 1
Kentucky Medicaid says that starting January 1, 2027, adults ages 19 to 64 who qualify on income alone will renew their coverage every six months...
North Carolina Medicaid asks 80 hours a month or $580 from January 1
North Carolina Medicaid is telling adults ages 19 through 64 that from January 1, 2027, keeping coverage will depend on showing either 80 hours a...
Hawaii’s SNAP maximum for one person falls from $506 to $496 on October 1
Hawaii’s maximum monthly SNAP benefit for a one-person household fell from $506 to $496 on October 1, the first day of federal fiscal year 2027,...
Federal law bars internet bills from SNAP’s shelter deduction, USDA tells states
Federal law now bars internet bills from the costs SNAP counts when it works out a household’s shelter deduction, and USDA told every state agency...
Only Camden City and Cape May County still hold a SNAP work-time-limit waiver in New Jersey, which took on a larger share of administrative costs on October 1
Only two places in New Jersey, Camden City and Cape May County, still hold a waiver from SNAP’s work time limit, according to the state...
Households without an elderly or disabled member no longer qualify automatically for SNAP’s heating and cooling utility allowance through a LIHEAP payment
A SNAP household with no member who is 60 or older or disabled can no longer collect the program’s heating and cooling utility allowance just...