Brent Jabbour
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Apple and Google lose billions in back taxes, EU fines across the pond
The European Commission scored two big wins against major U.S. tech companies on Tuesday, Sept. 10. Both Apple and Google will have to pay billions of euros after nearly a decade of fighting in EU courts. Apple lost its final appeal to avoid paying $14.34 billion in back taxes to Ireland. The European Court of… -
Nearly 2/3 of Americans say they won’t buy new iPhone because of inflation
Apple revealed its new iPhone on Monday, Sept. 9, fit with artificial intelligence and cameras that just keep getting better. The iPhone 16 even has a camera control button on the edge. Sales start this month, but how many Americans will be racing to get the latest gadget? Sixty-three percent of Americans said they would… -
Kamala Harris pushes for 10x boost in new small business tax break
Presidential candidate and Vice President Kamala Harris wants to 10x the tax incentives new small businesses get. In a campaign stop in New Hampshire Wednesday, Sept. 4, Harris highlighted her desire to spur 25 million new small business applications in a four-year term if elected. So far, entrepreneurs have filed a record-breaking 19 million new small… -
Harris says she’s against a foreign company owning US Steel, like Trump
Vice President Kamala Harris declared her position on the $15 billion deal between Japan’s Nippon Steel and U.S. Steel. She told a crowd of people in Pittsburgh on Monday, Sept. 2, that she is against selling U.S. Steel to a foreign company. “U.S. Steel is a historic American company, and it is vital for our… -
Airbnb calls on New York to roll back short-term rental restrictions
It’s been a year since New York City passed broad regulations on short-term rentals. Airbnb, the biggest name in the short-term rental industry, said it didn’t have the intended impact and it’s time to reevaluate the rules. A New York law went into effect in September 2023 that banned property owners from renting out homes… -
Access denied: Less than 1 in 4 infertile couples in US can access IVF
On the campaign trail this week, former President Donald Trump pledged to make in-vitro fertilization free if elected in November. Trump spoke about his plan during a rally. “I’ve been looking at it and what we’re going to do is, for people that are using IVF – which is fertilization – the government is going… -
Whose economic policies are worse for the nation’s debt? Trump’s or Harris’?
If there’s one thing both presidential candidates know, it’s that the economy is the top issue for voters. Both Kamala Harris and Donald Trump want voters to believe they have the optimal economic plan over their opponent. “He doesn’t actually fight for the middle class. Instead, he fights for himself and his billionaire friends,” Harris… -
Kelces sign $100 million deal to bring ‘New Heights’ to Amazon’s Wondery
Famous NFL brothers Travis Kelce and Jason Kelce cashed in on the success of their podcast. The hosts of “New Heights” signed a 3-year, $100 million deal with Amazon’s Wondery. Wondery will now have exclusive rights to sell ads and distribute the weekly show hosted globally by the Kelces. Starting this week, when the show… -
Americans surprise with confidence in economy though job concerns grow
Americans are more confident in the economy than analysts expected and that confidence has been growing throughout the summer. The Conference Board released its consumer confidence survey for August, with a 103.3 rating, beating the 100.7 expected and exceeding July’s 101.9 surprise. It’s the highest confidence rating in months, but there’s more behind the headline number. … -
DOJ’s collusion case claims RealPage’s algorithm is the reason rent is too high
Have you been paying too much for rent? Across the country, rent prices skyrocketed in 2022 and 2023 and it could be because of illegal activity. The Justice Department on Friday, Aug. 23, filed an antitrust suit against RealPage, a Texas-based software company that is accused of using algorithms to allow widespread collusion among landlords. “Everybody knows… -
‘The time has come for policy to adjust’: Powell says rate cuts imminent
For the first time in definitive terms, Federal Reserve Chair Jerome Powell said it is time to cut rates after witnessing “unmistakable” cooling in the labor market. Powell made the remarks Friday, Aug. 23, at the Kansas City Fed’s annual economic symposium in Jackson Hole, Wyoming. “The time has come for policy to adjust,” Powell… -
After a failed first attempt, Disney launches round 2 of replacing Bob Iger
Walt Disney tapped an executive with succession experience to usher in the company’s next chapter as CEO Bob Iger plans to exit when his contract expires in 2026. Disney named board member and Morgan Stanley Executive Chairman James Gorman to chair its succession planning committee. Gorman previously served as CEO of Morgan Stanley and oversaw… -
Is Powell’s ‘soft landing’ slipping away? Job worries cloud Jackson Hole speech
Jackson Hole, Wyoming, is known for its temperate summers, but Federal Reserve Chair Jerome Powell is probably feeling the heat turn up a bit ahead of his most-anticipated speech of the year. Powell will speak Friday, Aug. 23, at the Kansas City Fed’s annual economic symposium at Grand Teton National Park. Central bankers, policymakers and investors…
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Trump creates US sovereign wealth fund, could buy into TikTok
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Trump reportedly weighing plan to dismantle Education Department
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China hits back at U.S. with tariffs of up to 15% on American goods
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State Farm asks to raise California premiums as LA rebuilds
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NFL star Myles Garrett requests trade from Cleveland Browns
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