This Week in Money (August 28, 2026)
Here are a few of the stories in money you may have missed this past week.
U.S stocks fell slightly today, as the S&P 500 dropped 0.2%, the Dow dipped less than 0.1%, and the Nasdaq declined 0.5% as investors weighed the possibility of a Fed rate hike to combat inflation.
Federal Reserve Chair Kevin Warsh’s more hawkish speech today strengthened investor confidence that the Fed is willing to prioritize bringing inflation back toward its 2% target.
Here we go again….
Apple increased the price of Apple TV from $12.99 to $14.99 per month, and from $99 to $119 per year.
Apple One (individual plan) went from $19.95 to $21.95.
The increases come as Apple’s services revenue reached $30.7 billion.
Prediction market apps have really risen in popularity with users being able to bet on sports and politics, to celebrity news and even Federal Reserve decisions. While seemingly fun and interesting, the data suggests that prediction markets are difficult for everyday traders to consistently make money.
This article highlights how apps like Polymarket and Kalshi (the two biggest prediction markets in the world) are better suited as an entertainment expense than a long-term wealth building strategy.
America’s retirement system is facing growing financial pressure as the population ages, national debt rises, and Social Security’s retirement trust fund approaches projected depletion. Against this backdrop, this article examines the difficult financial realities facing both current retirees and the generations expected to fund the system.
Moneymaxxing is a social media trend where you optimize every aspect of your personal finances to extract maximum value from every dollar you earn.
This article provides several examples of how to start moneymaxxing.
It also discusses how the trend is a response to inflation and rising costs, but that it shouldn’t be at the expense of the financial fundamentals of building an emergency fund or paying down high-interest debt first.
The car you drive can have a significant impact on what you pay for auto insurance. Rates can vary considerably by make and model, with luxury vehicles, expensive specialty parts, and certain technology driving premiums higher.
This article lists the 5 cars with the highest average insurance rates and with the lowest average insurance rates, along with other factors about your vehicle that insurance companies consider when determining rates.
Until next week - stay informed, stay intentional. ✨
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