diff --git a/apps/data-sync-service/src/index.ts b/apps/data-sync-service/src/index.ts
index 4a20573..f6638c0 100644
--- a/apps/data-sync-service/src/index.ts
+++ b/apps/data-sync-service/src/index.ts
@@ -3,28 +3,28 @@
  */
 import { Hono } from 'hono';
 import { cors } from 'hono/cors';
-import { initializeConfig, getServiceConfig, getLoggingConfig, getDatabaseConfig } from '@stock-bot/config-new';
-import { getLogger, shutdownLoggers, setLoggerConfig } from '@stock-bot/logger';
+import { initializeServiceConfig } from '@stock-bot/config-new';
+import { getLogger, setLoggerConfig, shutdownLoggers } from '@stock-bot/logger';
 import { createAndConnectMongoDBClient, MongoDBClient } from '@stock-bot/mongodb-client';
 import { createAndConnectPostgreSQLClient, PostgreSQLClient } from '@stock-bot/postgres-client';
 import { Shutdown } from '@stock-bot/shutdown';
 import { enhancedSyncManager } from './services/enhanced-sync-manager';
 import { syncManager } from './services/sync-manager';
-import { setPostgreSQLClient, setMongoDBClient } from './clients';
+import { setMongoDBClient, setPostgreSQLClient } from './clients';
 
-// Initialize configuration
-await initializeConfig('./config');
-const serviceConfig = getServiceConfig();
-const databaseConfig = getDatabaseConfig();
+// Initialize configuration with automatic monorepo config inheritance
+const config = await initializeServiceConfig();
+const serviceConfig = config.service;
+const databaseConfig = config.database;
 
 // Initialize logger with config
-const loggingConfig = getLoggingConfig();
+const loggingConfig = config.logging;
 if (loggingConfig) {
   setLoggerConfig({
     logLevel: loggingConfig.level,
     logConsole: true,
     logFile: false,
-    environment: serviceConfig.environment,
+    environment: config.environment,
   });
 }
 
@@ -245,7 +245,7 @@ async function startServer() {
   server = Bun.serve({
     port: PORT,
     fetch: app.fetch,
-    development: serviceConfig.environment === 'development',
+    development: config.environment === 'development',
   });
 
   logger.info(`Data Sync Service started on port ${PORT}`);
diff --git a/apps/web-api/src/index.ts b/apps/web-api/src/index.ts
index 4449272..d3c5fdd 100644
--- a/apps/web-api/src/index.ts
+++ b/apps/web-api/src/index.ts
@@ -3,7 +3,7 @@
  */
 import { Hono } from 'hono';
 import { cors } from 'hono/cors';
-import { initializeConfig, getServiceConfig, getLoggingConfig, getDatabaseConfig } from '@stock-bot/config-new';
+import { initializeServiceConfig } from '@stock-bot/config-new';
 import { getLogger, shutdownLoggers, setLoggerConfig } from '@stock-bot/logger';
 import { createAndConnectMongoDBClient, MongoDBClient } from '@stock-bot/mongodb-client';
 import { createAndConnectPostgreSQLClient, PostgreSQLClient } from '@stock-bot/postgres-client';
@@ -13,13 +13,13 @@ import { setPostgreSQLClient, setMongoDBClient } from './clients';
 import { exchangeRoutes } from './routes/exchange.routes';
 import { healthRoutes } from './routes/health.routes';
 
-// Initialize configuration
-await initializeConfig();
-const serviceConfig = getServiceConfig();
-const databaseConfig = getDatabaseConfig();
+// Initialize configuration with automatic monorepo config inheritance
+const config = await initializeServiceConfig();
+const serviceConfig = config.service;
+const databaseConfig = config.database;
 
 // Initialize logger with config
-const loggingConfig = getLoggingConfig();
+const loggingConfig = config.logging;
 if (loggingConfig) {
   setLoggerConfig({
     logLevel: loggingConfig.level,
diff --git a/config/default.json b/config/default.json
index 87e1d7b..bba0511 100644
--- a/config/default.json
+++ b/config/default.json
@@ -1,12 +1,19 @@
 {
-  "app": {
-    "name": "stock-bot",
-    "version": "1.0.0"
-  },
+  "name": "stock-bot",
+  "version": "1.0.0",
+  "environment": "development",
   "service": {
     "name": "default-service",
     "port": 3000,
-    "environment": "development"
+    "host": "0.0.0.0",
+    "healthCheckPath": "/health",
+    "metricsPath": "/metrics",
+    "shutdownTimeout": 30000,
+    "cors": {
+      "enabled": true,
+      "origin": "*",
+      "credentials": true
+    }
   },
   "database": {
     "postgres": {
@@ -57,22 +64,14 @@
   },
   "providers": {
     "yahoo": {
+      "name": "yahoo",
       "enabled": true,
-      "rateLimit": 5,
-      "timeout": 30000
-    },
-    "quoteMedia": {
-      "enabled": false,
-      "apiKey": "",
-      "baseUrl": "https://app.quotemedia.com/data",
-      "rateLimit": 10,
-      "timeout": 30000
-    },
-    "interactiveBrokers": {
-      "enabled": false,
-      "host": "localhost",
-      "port": 7497,
-      "clientId": 1
+      "rateLimit": {
+        "maxRequests": 5,
+        "windowMs": 60000
+      },
+      "timeout": 30000,
+      "baseUrl": "https://query1.finance.yahoo.com"
     }
   },
   "features": {
diff --git a/libs/config-new/src/config-manager.ts b/libs/config-new/src/config-manager.ts
index 220eac8..246340d 100644
--- a/libs/config-new/src/config-manager.ts
+++ b/libs/config-new/src/config-manager.ts
@@ -27,7 +27,7 @@ export class ConfigManager<T = Record<string, unknown>> {
       const configPath = options.configPath || join(process.cwd(), 'config');
       this.loaders = [
         new FileLoader(configPath, this.environment),
-        new EnvLoader('STOCKBOT_'), // Prefix for env vars
+        new EnvLoader(''), // No prefix for env vars to match our .env file
       ];
     }
   }
diff --git a/libs/config-new/src/index.ts b/libs/config-new/src/index.ts
index db45332..41da483 100644
--- a/libs/config-new/src/index.ts
+++ b/libs/config-new/src/index.ts
@@ -21,6 +21,8 @@ export * from './utils/validation';
 // Import necessary types for singleton
 import { ConfigManager } from './config-manager';
 import { AppConfig, appConfigSchema } from './schemas';
+import { FileLoader } from './loaders/file.loader';
+import { EnvLoader } from './loaders/env.loader';
 
 // Create singleton instance
 let configInstance: ConfigManager<AppConfig> | null = null;
@@ -39,6 +41,27 @@ export async function initializeConfig(
   return configInstance.initialize(appConfigSchema);
 }
 
+/**
+ * Initialize configuration for a service in a monorepo
+ * Automatically loads configs from:
+ * 1. Root config directory (../../config)
+ * 2. Service-specific config directory (./config)
+ * 3. Environment variables
+ */
+export async function initializeServiceConfig(): Promise<AppConfig> {
+  if (!configInstance) {
+    const environment = process.env.NODE_ENV || 'development';
+    configInstance = new ConfigManager<AppConfig>({
+      loaders: [
+        new FileLoader('../../config', environment), // Root config
+        new FileLoader('./config', environment),     // Service config  
+        new EnvLoader(''), // Environment variables
+      ]
+    });
+  }
+  return configInstance.initialize(appConfigSchema);
+}
+
 /**
  * Get the current configuration
  */