Eric Revell

Articles by Eric Revell

Major PBMs to boost prescription drug price transparency through TrumpRx - Fox Business

Business August 14, 2026

A group of nine pharmacy benefit managers (PBMs) announced Thursday that they will work with an industry group to boost the transparency of prescription drug pricing through the TrumpRx platform. FOοΏ½...

New Social Security COLA estimates released after fresh inflation data - Fox Business

Business August 13, 2026

Social Security beneficiaries are still expected to see a larger cost-of-living adjustment (COLA) in 2027 than they did this year, though it has decreased as inflation eased in July. By law, the annοΏ½...

Slowing labor market creates new hurdle for first-time homebuyers facing affordability squeeze - Fox Business

Business August 13, 2026

The slowing U.S. labor market is presenting more challenges for a housing sector facing affordability challenges, with would-be homebuyers struggling to save amid persistent inflation and a less dynaοΏ½...

Fed’s Hammack says multiple rate hikes may be needed to tame inflation - Fox Business

Business August 12, 2026

Cleveland Federal Reserve President Beth Hammack on Monday said that she thinks there will be a need for more than one interest rate hike to prevent inflation from becoming more entrenched across theοΏ½...

Major US airport getting new tech to prevent runway incidents - Fox Business

Business August 12, 2026

The Federal Aviation Administration (FAA) on Tuesday announced the deployment of a new radar at Newark Liberty International Airport that's designed to prevent incidents from occurring on busy runwayοΏ½...

Federal budget deficit on track to surpass $2T this fiscal year as spending outpaces revenue - Fox Business

Business August 12, 2026

The federal budget deficit is now expected to surpass $2 trillion this fiscal year, which would be one of the largest shortfalls on record as spending growth continues to outpace tax receipts. The nοΏ½...

Apple reportedly testing Chinese-made memory chips for iPhones, MacBooks amid global shortage - Fox Business

Business August 12, 2026

Apple is reportedly in the process of testing memory chips made by Chinese company CXMT across its lineup of devices, including in iPhones and MacBooks, as it looks at options to address the shortageοΏ½...

Oil in US Strategic Petroleum Reserve falls to lowest level since 1983 - Fox Business

Business August 11, 2026

The U.S. government's Strategic Petroleum Reserve (SPR) is at its lowest level since 1983 as inventories that were already low before the Iran war come under increasing pressure. Data released by thοΏ½...

These are America's hottest housing markets – see which areas made the list - Fox Business

Business August 11, 2026

America's hottest housing markets are all located in the Northeast and Midwest, according to a new ZIP code-level analysis of the most in-demand housing markets. Realtor.com released its hottest ZIPοΏ½...

Here's the income needed to afford the typical American home - Fox Business

Business August 7, 2026

Housing affordability remains a concern for would-be homebuyers as the income needed to afford a typical U.S. home remains near historic highs and well above what most American households earn, thougοΏ½...