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
Amazon’s in-house chips land another big customer win
Amazon’s in-house chips land another big customer win Meta Platforms has agreed to run artificial intelligence workloads on Amazon Web Services infrastructure powered by Graviton,...
Hardee’s franchisee files Chapter 7 after closing 77 locations
A Hardee’s franchisee that operated 77 restaurants has filed for Chapter 7 bankruptcy liquidation, choosing to shut down entirely rather than attempt a restructuring. ARC...
Tech layoffs surge, leaving workers facing a tougher job market
Thousands of technology workers across the United States have lost their jobs since January 2026, and the job market waiting for them looks nothing like...
Honda to exit South Korea after 23 years as car sales slump
On a quiet Wednesday morning in late April 2025, staff at a Honda dealership in Seoul’s Gangnam district began removing promotional banners from the showroom...
Tariff refunds near $166B put CEOs in a bind over price cuts
For five years, Americans paid more for washing machines, steel, auto parts, and thousands of other goods because of tariffs that a federal court has...
Iran war lifts plastic resin costs, pushing consumer prices higher
A standard yogurt cup contains roughly 10 grams of polypropylene. That sliver of plastic has never been cheaper to ignore and never been more useful...
U.S. won’t renew Iran and Russia oil waivers, Treasury’s Bessent says
The last legal lifeline for sanctioned Iranian and Russian oil already floating on tankers is about to be cut. Treasury Secretary Scott Bessent confirmed in...
China to curb U.S. funding for local tech firms after Meta-Manus deal
China to curb U.S. funding for local tech firms after Meta-Manus deal For years, Chinese AI startup founders chased Silicon Valley money as a badge...
New York sues U.S. over canceled $73.5M in federal highway funding
New York sued the federal government in mid-May 2026 to recover $73.5 million in highway funding that Washington pulled after the state refused to revoke...
Supreme Court’s late-term business cases could ripple across the economy
The Supreme Court’s current term ends in weeks, and corporate America is bracing for a volley of rulings that could raise drug prices, reshape energy...
Lock 27 Brewing files Chapter 11, adding to craft beer bankruptcies
Downtown Dayton, Ohio is known for breweries, restaurants, and live-music venues that have long competed for customers. Some of these venues, however, are struggling to...
Report: Google weighs up to $40B more for Anthropic as Claude gains
Google is in talks to pour as much as $40 billion into Anthropic, the maker of the Claude chatbot, according to The Wall Street Journal....
White House moves to refund $166B after Supreme Court tariff ruling
Thousands of American importers are in line to recover money from the federal government after the Supreme Court struck down tariffs imposed under the International...
Gen Z grads turn to gigs and startups as entry-level hiring dries up
Gen Z grads turn to gigs and startups as entry-level hiring dries up Career counselors say the class of 2026 faces one of the toughest...
Poll: Most voters blame Trump for the recent spike in gas prices
The price on the gas station sign has become a political scoreboard, and President Donald Trump is losing. Nearly two out of three registered voters...
Google and Microsoft reportedly bid to lease SoftBank’s U.S. data center
Two of the world’s largest cloud computing companies are competing for the same prize: a lease inside a massive artificial intelligence (AI) data center that...
Meta and Microsoft cut jobs as they ramp up spending on AI
In April and May 2026, two of the world’s most valuable technology companies made the same bet: fewer people, more machines. Meta Platforms confirmed it...
China moves to require approval before tech firms take U.S. cash
For two decades, American venture capital poured into China’s technology sector with relatively little interference from Beijing. That era is over. Chinese regulators now require...
Big Tech’s 2026 layoff wave—who’s cutting jobs and why?
Big Tech’s 2026 layoff wave–who’s cutting jobs and why? Meta is eliminating roughly 8,000 jobs. Amazon has closed retail locations and cut staff across multiple...
Meta is cutting 8,000 employees to save money — while planning to spend up to $135 billion on AI this year
Roughly 8,000 Meta employees are losing their jobs. At the same time, the company is preparing to pour tens of billions of dollars into artificial...