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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

Cost of Living

Egg prices are set to fall about 30% this year, a rare break in the grocery aisle

American grocery shoppers are on track for a rare price break this year: the cost of a dozen eggs is forecast to drop roughly 30%...

Government & Policy

Eighteen states can now block soda and candy from food-stamp purchases

Millions of Americans who rely on federal food assistance can no longer use those benefits to buy soda or candy in a growing number of...

Cost of Living

The national average for gas climbed to $3.95 and is inching toward $4, near its highest of the year

American drivers are paying $3.95 a gallon for regular gasoline this week, a price that puts the national average within striking distance of $4 and...

Cost of Living

The national median rent climbed to $1,385, its fifth straight monthly rise, squeezing fixed incomes

Rent increases are eating into the modest raise that Social Security and Supplemental Security Income recipients received at the start of 2026. The national median...

Government & Policy

Most states waive property taxes entirely for veterans rated 100% disabled

Veterans with a 100 percent service-connected disability rating from the U.S. Department of Veterans Affairs can eliminate their annual property tax bill entirely in a...

Tech & Your Wallet

Fidelity customers exposed in a data breach can claim up to $5,000 before the settlement deadline

Fidelity Investments customers whose personal information was compromised in a data breach recorded on August 17, 2024, face a narrowing window to file settlement claims...

Government & Policy

A Senate bill would raise disability pay for millions of veterans starting this December, and now Congress must pass it

Millions of veterans who depend on monthly disability checks from the Department of Veterans Affairs could see their payments rise in December, but only if...

Cost of Living

Beef prices jumped 12.9% over the past year, the steepest climb in the grocery aisle

American grocery shoppers are paying sharply more for beef than they were a year ago, with prices for beef and veal climbing 12.9% between May...

Government & Policy

Buyers of new U.S.-built cars can deduct up to $10,000 in auto-loan interest through 2028

Households financing a new American-made car now have a direct path to cut their federal tax bill by thousands of dollars each year through 2028....

Government & Policy

A House bill would raise survivors’ benefits for veterans’ widows and add a new monthly payment for severely disabled vets

Surviving spouses of veterans who depend on Dependency and Indemnity Compensation would receive annual payment increases above the standard cost-of-living adjustment, and the most severely...

Cost of Living

A federal program pays to seal and upgrade low-income seniors’ homes, cutting utility bills at no cost to them

Seniors living on fixed incomes can have their homes sealed, insulated, and upgraded at zero out-of-pocket cost through the federal Weatherization Assistance Program, a decades-old...

Government & Policy

New SNAP work rules now reach adults up to 64, and more than a million older Americans could lose food benefits

Non-disabled adults as old as 64 now face federal time limits on food assistance, a shift that could push more than a million older Americans...

Cost of Living

Coffee prices jumped 17.5% in a year, the fastest-rising grocery cost

American grocery shoppers are absorbing the sharpest price increase on a single supermarket staple in years. Coffee prices climbed 17.5 percent over the twelve months...

Government & Policy

Indiana suspended most of its state gas tax this summer, a rare break at the pump for its drivers

Indiana drivers are paying less at the pump this summer after the state suspended collection of two gasoline taxes that normally flow through every gallon...

Government & Policy

Anyone on Medicaid or SNAP can cut $9.25 a month off a phone or internet bill through the federal Lifeline program

Households enrolled in Medicaid or the Supplemental Nutrition Assistance Program qualify for a $9.25 monthly discount on phone or internet service through the federal Lifeline...

Government & Policy

Michigan raised its Medicaid asset limit to $9,950 for a single senior, loosening a cap that stood for decades

Older adults in Michigan who have been denied Medicaid because they held a few thousand dollars in savings now face a different calculation. The state...

Cost of Living

A home health aide now runs a median $35 an hour, so full-time in-home care can top a nursing home’s cost

Families hiring round-the-clock home health aides now face annual bills that can exceed $300,000, a figure that dwarfs the roughly $100,000-to-$120,000 annual cost of a...

Cost of Living

Ground beef now averages about $6.75 a pound, near a record high

American grocery shoppers are paying about $6.75 per pound for ground beef, a price that sits near its all-time peak and adds real pressure to...

Cost of Living

Nearly 40% of households under $50,000 are struggling to pay power bills this summer

Nearly four in ten households earning less than $50,000 a year reported difficulty paying their energy bills over the past twelve months, according to Census...

Cost of Living

Drivers are paying about 20% more for gas than a year ago, even as pump prices ease from the summer peak

American drivers are still spending roughly 20 percent more per gallon of regular gasoline than they did at the same point last summer, even though...

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