Brent Jabbour
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The hidden hopes behind Mark Cuban’s $3.5B Mavericks sale to casino mogul
It’s a bombshell that shocked the worlds of business and sports. Billionaire Mark Cuban is reportedly selling a majority stake in the Dallas Mavericks to Miriam Adelson — casino mogul Sheldon Adelson’s widow. When news first broke Tuesday, Nov. 28, that Adelson was selling $2 billion in Las Vegas Sands stock to buy a sports… -
Luxury loot: The 5 most intriguing items seized and sold by US Marshals
There’s more to the U.S. Marshals Service than what you see from Tommy Lee Jones in “The Fugitive” and the follow-up film, “U.S. Marshals.” Part of what the real agency does is seize millions of dollars worth of goods from criminals and put up the pricey goods on the auction block. Bloomberg Businessweek analyzed the… -
US Army says soldiers discharged for refusing COVID vaccine may reapply
U.S. soldiers who refused the COVID-19 vaccine were discharged by the Army during the pandemic. Those same soldiers are now receiving invitations to rejoin the military since the services have rescinded the controversial vaccine requirement. The letters detail necessary steps for discharged members to correct their records and re-characterize the reason for their separation. The… -
Trump-like Milei elected president of Argentina by biggest margin in 40 years
Javier Milei has been described an an outsider and a far-right populist, and as of Nov. 19, he is Argentina’s next president. The 53-year-old libertarian secured his victory with 56% of the vote, surpassing his left-wing challenger, Sergio Massa, who received 44%. The Argentine president-elect secured the widest victory margin in 40 years. Milei, a… -
Raise taxes? Cut spending? Social Security? ‘Something has to be done’
The nation’s budget is in constant triage. Congress again packed the wound by passing a temporary funding patch to keep the government’s lights on until early next year, but fiscally, the U.S. is still bleeding. The federal deficit grew to $2 trillion in fiscal year 2023, double the prior year’s deficit, according to Congressional Budget… -
5 reasons stores should give self-checkout the pink slip
Self-checkout kiosks are commonplace at supermarkets and big-box stores, but some of the nation’s biggest retailers are now rethinking their self-checkout strategy. Walmart is pulling self-checkout lanes from some stores altogether and bringing back more cashiers. So why keep self-checkout around at all? Here are five reasons why self-checkout should be fired in this week’s… -
Can Biden and Xi hit a turning point with US-China relations near ‘rock bottom’?
President Joe Biden and China’s President Xi Jinping are coming together for a highly anticipated meeting Wednesday, Nov. 15 in San Francisco. It’s their first in a year, and what a year it has been. From a spy balloon to Rep. Nancy Pelosi’s Taiwan visit, many say the relationship between the globe’s two economic powerhouses… -
Inflation cooling? 5 ways you’re still being pummeled by higher prices
Inflation is well off its peak of 9.1%, sitting below 4%. So why doesn’t it feel like we are getting price relief? We crunched the numbers and found out how much prices have really spiked over the past three years in this week’s Five For Friday. #5: Shelter Shelter is the most basic necessity and… -
The hidden cost of US debt: Why younger generations should be outraged
The United States is so deep in debt, the interest payment alone is now costing more than $1 trillion a year, according to a Bloomberg analysis. Experts say the soaring debt is an alarm bell for the nation, but some economists have been ringing this bell for decades. “I’m kind of outraged, morally outraged,” said… -
Career crystal ball: The 5 most in-demand jobs of the future
The U.S. continues to see job growth as payroll giant ADP reported that private-sector companies added 113,000 jobs in October. Many of those gains are coming in traditional sectors like hospitality and health services, but what will the future hold? Here are five jobs that will be the most in-demand over the next decade in… -
Organized retail crime is spreading fast. Would these solutions stop it?
People have long called shoplifting a victimless crime. Who gets hurt beyond the big-box retailer? As organized retail crime becomes more prevalent, violent and bolder, claims of it being harmless go out the window. Along with retailers losing tens of billions of dollars a year to organized retail theft, employees have been attacked during “smash… -
Here’s how much Americans will spend on Halloween costumes, candy and more
Celebrating Halloween this year is big business. Americans are expected to spend a record $12.2 billion to prepare for trick-or-treaters, according to the National Retail Federation. Here are the numbers behind the Halloween season in this week’s Five For Friday. #5: Spooky Spending More Americans than ever — nearly 3 out of 4 — will… -
‘Who run the world?’ Beyoncé, Taylor Swift and the power of female spending
Beyoncé said it loud and clear: “Who run the world? Girls.” In 2023, three women have dominated the economy: Beyoncé, Taylor Swift and Barbie. Together, they’ve shown how much financial gain there is in properly targeting the female consumer. Female purchasing power is having a moment, though women have long held the purse strings. Women…
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