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
Trump’s lack of focus on the economy is “spooking” Republicans as 38 House GOP members retire — the most in a midterm cycle in decades
Thirty-eight House Republicans have now said they will not run again in November, a number that eclipses the 34 GOP retirements before the 2018 blue...
American Airlines says the Iran war just added $4 billion to its fuel bill — and the tickets you already bought were priced before the spike
Millions of passengers who locked in summer airfares earlier this year did so in one of the cheapest fuel environments the airline industry had seen...
Trump says Americans should expect higher gas prices “for a little while” — gas is already at $4 a gallon and oil just hit $105
President Trump acknowledged this week that Americans will pay more at the pump “for a little while,” framing the pain as a necessary cost of...
Tariffs are still costing the average household $600–$1,500 per year — and the burden falls 3x harder on the lowest-income families
A pair of kids’ sneakers. A microwave. A pack of underwear. None of these purchases feels like a trade-policy decision, but each one now carries...
What the IEA chief’s “biggest energy security threat in history” warning actually means for your gas, grocery, and travel costs this summer
The national average price of regular gasoline has jumped more than 40 cents a gallon since early March, according to the U.S. Energy Information Administration’s...
Tech layoffs in 2026 have now topped 96,000 workers across Oracle, Amazon, Meta, Disney, Snap, and more
By late April 2026, more than 96,000 tech workers have lost their jobs this year, according to the tracking site Layoffs.fyi. The list of companies...
Oil hits $98 a barrel as the Iran ceasefire expires tomorrow — here’s what $5 gas would cost the average family this summer
Two-car families could spend between $360 and $400 extra on gasoline this summer if crude oil clears $100 a barrel, and the clock ticking on...
The Trump administration just gutted the CFPB: headquarters lease terminated, staff slashed by half, and 23 state AGs are fighting back
The Consumer Financial Protection Bureau’s draft Strategic Plan for fiscal years 2026 through 2030 was open for public comment until April 17, 2026. Under normal...
The CFPB received 6.6 million consumer complaints last year — and the government’s response is to cut the agency’s staff in half
In 2025, a record 6.6 million Americans filed complaints with the Consumer Financial Protection Bureau (CFPB). Consumers reported credit report errors that blocked them from...
Gas prices hit $4.05 nationally — Energy Secretary says don’t expect sub-$3 gas until 2027
The last time Americans paid this much to fill up, Russia had just invaded Ukraine and the global energy market was in chaos. Now, a...
Ticketmaster monopoly remedy trial coming — a breakup is “absolutely on the table,” says Tennessee AG
A federal jury has already decided that Live Nation Entertainment and Ticketmaster hold an illegal monopoly over the American concert industry. Now the fight shifts...
The states where $4 gas hurts the most — and the least: a full price breakdown by state
A two-car family in Tupelo, Mississippi, filling up this spring is paying about $2.78 a gallon for regular. A two-car family in Bakersfield, California, doing...
Trump’s energy secretary says gas won’t drop below $3 a gallon until 2027 — here’s what $4+ gas costs the average family per year
Energy Secretary Chris Wright told CNN in mid-April that Americans should not expect gasoline to fall below $3 a gallon until 2027, a timeline first...
Apple names John Ternus as CEO: Tim Cook to step down after 14 years, effective September 1
Apple’s board of directors has named John Ternus, the executive behind the engineering of every major Apple product, as the company’s next CEO. Ternus, currently...
Tariffs are about to hit your grocery bill hard — beef up 15%, canned goods up 15%, coffee still surging
The receipt at checkout keeps getting bigger without the cart getting any fuller. A pound of ground beef now runs roughly 15% more than it...
Trump’s 100% tariff on branded drugs sounds dramatic — here’s how most companies can avoid it entirely
On April 2, 2026, President Trump signed a proclamation imposing a 100% tariff on imported branded pharmaceuticals, a move timed to the anniversary of his...
One chart that explains why 22.7 million renters are cost-burdened even as rent growth hits a 15-year low
Rents are rising at their slowest pace in about 15 years. That sounds like good news until you see the other number: 22.7 million renter...
Revolut just replaced its entire app navigation with an AI chatbot for 13 million customers — and your bank is probably next
Revolut has spent the past year quietly assembling the pieces for what could be the most aggressive AI bet in consumer banking. The London-based digital...
OpenAI just bought a personal finance app — and it’s shutting down in 3 days
Hiro, the AI-powered budgeting and investing app, is shutting down on April 20, 2026. If you still have data inside it, you have roughly three...
A gas company got a $370M tax break by calling its 1,000-foot tankers “motorboats” — a senator says “if that’s a motorboat, the Titanic was a dinghy”
Cheniere Energy’s liquefied natural gas (LNG) tankers stretch roughly 1,000 feet from bow to stern. Each one carries enough supercooled fuel to heat tens of...