Eric Revell
Fox Business
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Past articles by Eric:
Regional banks 'reasonably stable' but regulators need to provide 'more clarity': former FDIC chair
Former FDIC Chair Sheila Bair said regional banks appear to be stable overall but urged regulators to provide more clarity about the reasoning behind their actions. → Read More
March Madness betting to top $15 billion this year
March Madness tips off this week and 68 million American adults are planning to place bets valued at a collective $15.5 billion according to an American Gaming Association survey. → Read More
Feds hold auction for failed Silicon Valley Bank, move to protect uninsured depositors
Federal financial regulators are moving to reassure depositors at Silicon Valley Bank with a special backstop as they pursue the failed bank's sale through an auction. → Read More
China economic espionage 'top threat' to US commercial, military secrets
Intelligence community leaders rated China as the top threat to America's economic and technological competitiveness in congressional hearings on worldwide threats held last week. → Read More
Biden aims to cut tax breaks for oil, gas companies in budget blueprint
President Joe Biden's new budget proposal calls for the elimination of tax breaks for oil and gas development as part of the administration's deficit reduction push. → Read More
Treasury bond yield inversion signals economic pain
The inversion of the bond yield curve deepened to its widest spread for two- and 10-year Treasurys since 1981 as Fed Chair Jerome Powell testified before Congress. → Read More
Manufacturers urge Biden to reverse tax changes that have hurt investment
The National Association of Manufacturers is urging President Biden to call for the reversal of tax policy changes hurting the industry as he rolls out his new budget proposal. → Read More
US approves $1.3 billion deal for Japan to buy early warning aircraft amid China threat
The U.S. approved Japan's purchase of five E-2D Advanced Hawkeye airborne early warning aircraft in a deal worth an estimated $1.381 billion to help counter threats from China. → Read More
Senate’s bipartisan RESTRICT Act would block tech products like TikTok made in adversarial countries
Senators introduced the bipartisan RESTRICT Act that would block technology products from adversarial countries like China and Russia from being available in the U.S. → Read More
Social Security on a path to major benefit cuts unless Congress acts, CBO director says
CBO Director Phillip Swagel said that once Social Security's trust fund becomes exhausted in 2032, benefits would automatically be cut by 25% unless Congress acts. → Read More
California's Newsom slams Walgreens on abortion drugs
California Governor Gavin Newsom slammed Walgreens over its decision to stop selling the abortion drug mifepristone in 20 states led by Republican attorneys general. → Read More
DeSantis' work ethic shaped by electrician job, working-class background
Florida Governor Ron DeSantis wrote in his new book that his first job out of high school as an electrician's assistant and his working-class upbringing helped shape his work ethic. → Read More
Family sues Airbnb after toddler dies of fentanyl overdose in rental
The Lavenir family filed a wrongful death lawsuit against Airbnb, a rental owner, and the prior renter after their 19-month-old daughter died due to fentanyl exposure. → Read More
Senators push bill to ban TikTok, block foreign tech amid security concerns
Sens. Mark Warner and John Thune will offer a bill to ban TikTok and foreign-owned tech that poses a national security threat, Warner said on "Fox News Sunday with Shannon Bream." → Read More
Judge says Starbucks committed ‘egregious and widespread’ labor violations fighting unions
An administrative judge for the NLRB issued a ruling that found Starbucks committed "egregious and widespread misconduct" in violation of labor laws amid a unionization push. → Read More
Delta pilots approve big pay raises, other perks in new contract
Pilots for Delta Air Lines ratified a new contract on Wednesday that will see their pay rise by 34% over the next four years and increase other perks and benefits. → Read More
House passes bill to 'REIN IN' executive orders that worsen inflation
The House passed Republicans' REIN IN Inflation Act on Wednesday, which would require an economic analysis of the inflationary impact of presidential executive orders. → Read More
Japan plans to buy 400 Tomahawk missiles from US to deter threats from China, North Korea
The government of Japan is nearing an agreement to purchase 400 Tomahawk cruise missiles from the U.S. to help the country's Self-Defense Forces deter threats from China. → Read More
Biden admin tells companies seeking CHIPS funding to avoid stock buybacks, provide child care plans
The Biden administration is making funds available under the CHIPS Act, and companies will be more likely to get funding if they refrain from stock buybacks. → Read More
Supreme Court reviews student loan debt handout plan: How it may impact you
The Supreme Court will hear arguments Tuesday in cases challenging President Biden's student loan debt handout, which would effect millions of borrowers and cost taxpayers billions. → Read More