Eric Revell

Articles by Eric Revell

Apple briefly overtakes Nvidia as world's most valuable company amid AI investment doubts - Fox Business

Business July 19, 2026

Apple briefly passed Nvidia to become the world's most valuable company on Friday as the tech titans jostled for the top spot as investors reconsider the outlook for investments in AI. Apple's markeοΏ½...

IRS raises business mileage deduction rate amid fuel price surge - Fox Business

Business July 17, 2026

The IRS this week announced changes in the amount taxpayers may deduct in gas used per mile while operating a vehicle for business for the remainder of the year amid higher gas prices. The tax colleοΏ½...

7-Eleven details plans to close 645 stores - Fox Business

Business July 17, 2026

The parent company of 7-Eleven convenience stores shed more light on its plan to close hundreds of stores in the U.S. this year. Parent company Seven & i Holdings indicated in a filing earlier tοΏ½...

Warren Buffett excludes Gates Foundation from his annual donations of Berkshire stock - Fox Business

Business July 17, 2026

Warren Buffett said that it didn't come as a surprise when he told Bill Gates about his decision to stop donating to the Gates Foundation after partnering on the group's philanthropic initiatives forοΏ½...

United's new seating option ditches the middle seat - Fox Business

Business July 15, 2026

United Airlines on Tuesday unveiled a new economy offering on its new Airbus A321XLR aircraft that will give passengers some extra elbow room access to a shared table across an open middle seat. UniοΏ½...

Fed Chair Kevin Warsh says central bank has 'no tolerance' for elevated inflation - Fox Business

Business July 15, 2026

Federal Reserve ChairΒ Kevin Warsh on Tuesday told House lawmakers that the central bank's policymakers have "no tolerance for persistently elevated inflation" in his first testimony as Fed chief. ...

Why homebuyers are racing to this Pennsylvania port city - Fox Business

Business July 14, 2026

Homebuyers searching for a bargain have made a Pennsylvania port city one of the hottest housing markets in the country. Erie, Pennsylvania, is situated on Lake Erie and is the home of Pennsylvania'οΏ½...

Feds warn banks on lending to unauthorized workers - Fox Business

Business July 14, 2026

The Trump administration on Monday released guidance from several financial regulators reminding banks and credit unions about the credit risks posed by lending to borrowers who aren't authorized to οΏ½...

Volkswagen CEO says automaker weighing 50,000 additional job cuts - Fox Business

Business July 14, 2026

Volkswagen's leadership is warning that the company may need to cut an extra 50,000 jobs to stay competitive with auto industry rivals, according to an internal memo sent to staff. The German automaοΏ½...

National debt interest and entitlement spending push FY2026 federal budget deficit toward $2 trillion - Fox Business

Business July 11, 2026

This year's federal budget deficit is now outpacing last year's as federal spending is growing at a faster rate than tax revenue, pushing the annual shortfall closer to $2 trillion. The nonpartisan οΏ½...