Brent Jabbour
More from Brent Jabbour
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Politicians say Americans don’t pay for tariffs. What do economists say?
The closer it gets to November, the more Americans hear about tariffs, which are on the agendas of both presidential candidates vying for their vote. But is tariff just a fancy word for tax? And who ends up paying? The answer may depend on whether you ask an economist or a politician. Tariffs were a… -
Caitlin Clark’s Olympic ‘snub’ reminds us the best athletes used to be banned
One of the most covered stories about the upcoming Olympics is who’s not competing in Paris. WNBA rookie Caitlin Clark has been left off the Team USA roster in favor of more veteran talent, like A’ja Wilson, Breanna Stewart and Diana Taurasi. But a generation ago, none of these women would have been allowed to… -
Trump floats more tariffs and eliminating taxes on tips. Here’s the price tag.
The 2024 presidential campaign is in full swing and former President Donald Trump is making headlines with his economic policy proposals. Eliminating taxes on tips is one he introduced while campaigning in Nevada, aiming to gain support from Americans in the service industry who may directly benefit. Another campaign proposal revolves around expanding tariffs on… -
Tesla shareholders side with Elon Musk. Here’s why it won’t erase legal woes
Elon Musk lassoed victory in Texas on Thursday, June 13. Tesla shareholders overwhelmingly approved his pay package for the second time and voted to approve the company relocating its incorporation from Delaware to Texas. Tesla officially announced the results at Thursday’s shareholder meeting but Musk jumped the gun nearly a full day early, posting preliminary numbers… -
Federal Reserve teased a ‘glimmer of hope’ in its comments on inflation
There’s a single, subtle change in the Federal Reserve’s latest comments on inflation. In May, the Federal Open Market Committee said there had been a “lack of further progress” toward its 2% inflation target. On Wednesday, June 12, hours after the latest inflation report became public, the committee changed the phrase to note “modest further… -
Macron calls for snap election after EU ‘drubbing.’ What does it mean?
Over the last several days, hundreds of thousands of people across the European Union’s 27 nations voted in the European Parliament elections. While centrists remain in the majority, far-right parties from throughout the bloc made inroads picking up a record number of seats. The European Parliament is the legislative body for the 27 member states… -
Rumored $76B NBA TV deal is full of streaming options. Will prices go up?
NBA on NBC could be back after more than two decades. Following months of negotiations, the NBA is close to finalizing a $76 billion, 11-year deal for broadcast rights, according to an exclusive report from the Wall Street Journal. Here’s how it shakes out, according to the Journal: There’s a common theme in the way the… -
Roaring Kitty rockets GameStop stock with post revealing $116 million stake
GameStop’s stock surged again on Monday, June 3, after meme stock master Keith Gill took to Reddit to share a snapshot of what appeared to be a $116 million stake in the company. The video game retailer’s share price went up more than 80% premarket before settling roughly 30% higher on the day. Gill, also… -
Biden has only weeks to safeguard policies from potential Trump victory
President Joe Biden has eight months remaining on his presidential first term. However, he has only weeks to safeguard his key policies and regulations from a potential Donald Trump victory in November. “The Biden administration is right now trying to rush out in final form all of the regulations that he’s been working on for… -
Saw stop: Reps. introduce bill to derail rule that aims to prevent amputations
A pair of lawmakers have introduced legislation to stop a potential regulation that would mandate safety technology in table saws. The bipartisan representatives say the rule would force woodworkers to pay more for the tool while creating a monopoly in the space. Table saws are the most dangerous tool in a woodshop. Nearly 30,000 people… -
How much sway does Fed’s interest rate policy have over residual inflation?
The latest consumer price report released on Wednesday, May 15, showed a slight easing of inflation in April. It was led by lower grocery prices and declining auto prices, both new and used. The Bureau of Labor Statistics said overall consumer prices rose 3.4% on the year and 0.3% on the month, with shelter and… -
Tariffs 101: Is raising tariffs on China a win for Americans?
Regarding tariffs on Chinese goods, 2024 presidential candidates Joe Biden and Donald Trump are more in lockstep than not. Both candidates appear to believe raising tariffs on China is a winning issue in key battleground states. On Tuesday, May 14, President Biden announced additional tariffs on Chinese electric vehicles, solar cells, advanced batteries, and semiconductors.… -
GameStop stock roars back on Monday with help from Roaring Kitty posts
The face of 2021’s meme-stock craze is back with a post on X. The single meme sent GameStop’s stock surging, eventually halting trading due to volatility. Keith Gill, better known as Roaring Kitty on YouTube and social media, returned to the platform previously known as Twitter for the first time in nearly three years Sunday,…
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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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How January workout mistakes turn into February doctor visits
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