Brent Jabbour
More from Brent Jabbour
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1 year after banking crisis, is NYCB the early sign of another?
A year ago, New York Community Bank was in a position of strength. Amid last year’s banking crisis, the bank’s subsidiary took control of $38 billion in assets from failed Signature Bank. But this week, it was New York Community Bank that required a billion-dollar boost. Donald Trump’s former Treasury secretary, Steven Mnuchin, orchestrated the… -
Dartmouth basketball players made history with union vote. What now?
For a team that loses more than it wins, Dartmouth College basketball players racked up two victories on March 5. They bested Harvard in the season finale and voted to be the first college athletes to unionize. Voting 13-2, Big Green’s basketball players elected to join Service Employees International Union Local 560, which already represents… -
Confidence in economy takes another hit. Here’s what’s behind the bad vibes.
Americans’ confidence in the economy is wavering. After three consecutive months of growing consumer confidence, The Conference Board’s index took a hit in February. Economists all over the map continue to point out that the U.S. economy is very strong right now. They can’t quite put a finger on why many Americans don’t feel the… -
Why major cities are slashing services to pay for the migrant crisis
Bus after bus, major cities far from the border are starting to buckle under budgetary pressures of the nation’s migrant crisis. S&P Global Ratings is monitoring the credit health of New York, Denver and Chicago as they face sheltering tens of thousands of asylum-seekers. “The issue will destroy New York City,” Mayor Eric Adams said… -
How ‘sanctioned’ Russian diamonds made their way to the US
For two years now, Ukraine has battled for its sovereignty. Russia’s invasion is reducing cities to rubble and thousands of civilians have died in the conflict. A new report said Russia can sustain its assault for another two to three years, maybe even longer. Did diamonds purchased in the U.S. help pay for this war?… -
Lab-grown versus natural diamonds: Which one is the real deal?
For decades, diamonds have been the symbol of lasting love. But the industry is in for a generational reckoning as young people decide whether to buy natural diamonds, lab-grown diamonds or forgo the tradition altogether. In 1954, scientists with General Electric created a machine that squeezed carbon under 1.5 million pounds of pressure per square… -
Conservatives reject Trump’s plea to give Bud Light a second chance
Donald Trump has a famously loyal following. So loyal, he once said, “I could stand in the middle of Fifth Avenue and shoot somebody and I wouldn’t lose any voters.” But that loyalty does have its limits, and that limit is Bud Light. Not even the most popular conservative figure in a generation can convince… -
Is Elon Musk a threat to Delaware’s core business?
After a Delaware judge struck down Elon Musk’s $56 billion Tesla compensation package, Musk put the state in his crosshairs with a series of posts encouraging companies to flee America’s corporate kingdom, as he hopes to do with Tesla. Given Musk’s influence, are his actions a real threat to Delaware? Around 2 million companies are… -
How Dartmouth athletes succeeded in union efforts where Northwestern failed
Dartmouth College basketball players are not just athletes, but university employees able to negotiate salaries, practice schedules and travel schedules. That’s what a National Labor Relations Board regional official ruled on Monday, Feb. 5, clearing the path for a union vote. Dartmouth can still appeal the decision in a case that could wind up at… -
Why does Gen Z hate Facebook? Social network turns 20 with shrinking teen use
The world’s most popular social network will turn the big 2-0 on Feb. 4. Before Facebook made teens log out in droves, it was one of the most coveted tickets for college students. Here’s a look at why Gen Z has such disdain for the site that inspired the film, “The Social Network.” When Mark… -
If video killed the radio star, what’s killing music journalism?
If video killed the radio star, what’s killing music journalism? Journalism has been going through it since the internet – plain and simple, digital advertisements don’t pay as much as print – but when Condé Nast announced it was folding Pitchfork into men’s magazine GQ, music press in particular was put on notice. Pitchfork grew… -
Cat rescue donations top $320,000 in support of Buffalo Bills kicker
After Buffalo Bills kicker Tyler Bass got death threats for missing a critical field goal in the playoffs, football fans rallied behind his favorite cat rescue, raising more than $320,000 and counting. It’s not the first time “Bills Mafia” has made such a generous display. In fact, it’s kind of their thing. While Buffalo Bills… -
NFL playoff hosts 49ers, Ravens fail to score financial boost for games
There are a lot of advantages to hosting an NFL playoff game but money isn’t one of them. In fact, making the playoffs can be a financial drain on a team. The San Francisco 49ers and Baltimore Ravens are gearing up to host their second straight home playoff game on Sunday, Jan. 28, with Super…
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