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The Money Overview

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

Government & Policy

A Senate bill would bar Social Security from clawing back overpayments more than 10 years old

A bipartisan bill advancing in the Senate would strip the Social Security Administration of one of its most feared powers: the authority to demand repayment...

Government & Policy

New Medicaid work rules reach adults up to 64, not those 65 and older.

A major change to Medicaid eligibility now carries an age line that many older Americans will want to understand precisely: the program’s new community engagement...

Cost of Living

West Hollywood’s minimum wage tops $20.25 an hour in 2026, among the highest local pay floors in the country.

West Hollywood set its citywide minimum wage at $20.25 an hour for 2026, one of the steepest local pay floors anywhere in the country and...

Cost of Living

USDA expects food prices to rise about 3.1% in 2026.

The Agriculture Department expects grocery and restaurant prices combined to rise about 3 percent in 2026, a pace that looks calm on the surface and...

Government & Policy

A bipartisan Senate bill would raise base VA disability compensation for millions of veterans in late 2026.

A bipartisan measure moving through the Senate would raise the base rates of VA disability compensation for millions of veterans and for the survivors who...

Cost of Living

Egg prices tumbled to about $2.19 a dozen, down nearly 28% from a year ago.

A dozen large eggs fell to about $2.19 in May 2026, a level not seen since before the bird-flu shortages that sent prices soaring through...

Cost of Living

Ground beef climbed to about $6.75 a pound in 2026.

A pound of ground beef averaged about $6.75 across U.S. grocery stores in May 2026, roughly fifty cents higher than a year earlier and a...

Government & Policy

Ohio’s new law delivers about $2 billion in property-tax relief starting in 2026, with breaks aimed at older homeowners.

Ohio homeowners are starting to see property-tax relief from a package state lawmakers have called the most sweeping in a century, with the savings measured...

Government & Policy

Washington raised the income limits on its senior property-tax break, and about 30,000 more older homeowners may qualify.

Washington has changed how it decides which older homeowners qualify for a break on their property taxes, and the shift could pull tens of thousands...

Government & Policy

Colorado seniors, surviving spouses and disabled residents can claim up to $1,154 from the state’s property-tax rebate.

Colorado is sitting on rebate money that thousands of older residents never collect, and a hard cutoff for one full year of it is now...

Government & Policy

The FTC is mailing $2.7 million in refund checks to 62,893 Handy customers, who must cash them within 90 days.

The Federal Trade Commission has begun mailing more than $2.7 million to 62,893 people, closing out a case against the gig-work platform Handy Technologies. Each...

Cost of Living

Minimum wage rises in 19 states in 2026, with Washington’s climbing to a nation-leading $17.13 an hour.

Minimum pay rose for millions of workers on January 1, 2026, as 19 states lifted their wage floors and Washington set the highest statewide rate...

Government & Policy

One-person households in the contiguous 48 states and D.C. can receive up to $298 monthly in SNAP through September

A one-person household can receive as much as $298 a month in SNAP through September 2026 in the contiguous 48 states and Washington, D.C. That...

Government & Policy

Pennsylvania’s standard property-tax and rent rebate reaches $1,000, with applications open through December 31

Pennsylvania’s property-tax and rent rebate remains open through December 31, giving eligible residents six extra months to claim relief for taxes or rent paid in...

Government & Policy

New Jersey’s Stay NJ benefit reaches $6,500 for some older homeowners in 2027

New Jersey’s $6,500 Stay NJ figure belongs to 2027, not to the checks moving in 2026. The distinction is more than calendar trivia: the state...

Cost of Living

Gas prices fell 9.7% in June but remained 26.7% higher than a year earlier

Gasoline delivered both relief and sticker shock in the same June report: the consumer price index for gas fell 9.7% from May after seasonal adjustment,...

Government & Policy

A veteran rated 100% disabled can receive $3,938.58 monthly with no dependents in 2026

The 2026 VA disability table pays $3,938.58 a month to a veteran rated 100% disabled with no dependents. That is the base rate for one...

Government & Policy

Eligible veterans have until August 1 to apply for a $1,053.19 clothing allowance

The Department of Veterans Affairs set its 2026 clothing allowance at $1,053.19, with applications for this year’s payment due on or before August 1. The...

Government & Policy

Illinois seniors earning up to $75,000 can freeze their home’s assessed value for 2026

Illinois has widened its senior assessment freeze enough to reach homeowners who earned too much to qualify last year. The statewide household-income ceiling jumps from...

Government & Policy

Maine is mailing $300 inflation checks, and eligible couples get two

Maine’s new affordability payment is built around people, not tax returns. The state is mailing $300 paper checks beginning in late July, and a married...

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