Latest / Wages and Prices with Fexingo: Cost of Living, Pay Raises, and Workers' Purchasing Power
Why Raises Are Beating the Cost of Prescription Drugs
In this episode of Wages and Prices with Fexingo, Lucas and Luna dig into a surprising shift: after years of prescription drug costs outpacing paychecks, recent data suggests wages are finally gaining ground. Using the latest CPI and earnings figures from July 2026, they break down the numbers — average hourly earnings up to $37.60, while drug prices have moderated. They explore what's driving the slowdown, from patent expirations on blockbuster biologics to Medicare price negotiations, and what it means for your wallet. The conversation also touches on the psychological gap between…
The skinny
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