More from Brent Jabbour
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Former Twitter executives criticized over censorship policies
The much anticipated Republican-led Twitter hearing was originally intended to hold the company accountable for censoring conservatives and the Hunter Biden laptop story. But it turns out, both sides had sharp criticisms about the company’s shortcomings. Republicans focused on what they described as Twitter’s anti-conservative bias before it was bought by Elon Musk. They focused… -
These ETF funds let people trade stocks like members of Congress
It’s fairly well known that politicians regularly beat the market, making lucrative and sometimes strangely-timed stock trades that put a lot more in their pockets than their sub-$200,000 salaries. Now, anyone can trade like a member of Congress. Enter NANC and KRUZ, the tickers behind two exchange-traded funds that mimic moves made by Democrats and… -
Drug cartels are using drones to pinpoint Border Patrol agents’ locations
Two Border Patrol chiefs appeared before the House Oversight Committee and described the extraordinary challenges the agency is facing on the southern border. They said cartels are going to great lengths to avoid apprehension, that includes using drones and camouflage. In Texas’ Rio Grande Valley, cartels are using drones to pinpoint agents’ locations, hoping it… -
Lawsuit alleges Roomster used 20,000 fake reviews to boost ratings
The Federal Trade Commission (FTC) and six states are suing Roomster, alleging the roommate pairing app used fake positive reviews and fake listings to lure new customers. The company is accused of buying 20,000 fake customer reviews. According to a court filing, the defendants “have inundated the internet with tens of thousands of fake positive… -
Koch-funded group plans to oppose Trump in 2024 primaries
The CEO of the Koch funded organization, Americans for Prosperity (AFP), announced it will support a candidate in the 2024 Republican presidential primary that represents a new chapter. Multiple outlets are reporting that announcement signals a plan to oppose Donald Trump. “The Republican Party is nominating bad candidates who are advocating for things that go… -
Stunning jobs report paves way for Fed’s soft landing, rebuffs recession talk
The January jobs report stunned Friday morning, showing the U.S. economy adding more than half a million jobs when economists expected fewer than 200,000. It was the strongest monthly job growth since July and snapped a 5-month slowdown. Meanwhile, the unemployment rate dropped to 3.4%, its lowest rate since May 1969 and down from December’s… -
January jobs report shocks with 517,000 jobs added, unemployment at 3.4%
The unemployment rate in January just dropped to its lowest level since 1969. Meanwhile, U.S. job growth for the first month of the year surged, more than doubling expectations. The latest numbers from the Bureau of Labor Statistics (BLS) stunned economists who expected to see a continued slowdown in growth. But the economy bucked that… -
EV price cuts to tax refunds: 5 reasons you can buy a car again
The market for new and used cars has been difficult over the last two years. Pandemic-induced supply chain issues emptied dealership lots and pushed prices through the roof. It looks like the situation could be turning back in favor of the consumer. Here are the reasons now is finally the time to buy in this… -
Fed hikes rate by 25 basis points, its first ‘normal’ increase since March 2022
For the first time since March 2022, the Federal Reserve has executed a so-called “normal-sized” rate hike of 25 basis points. The Fed’s decision was widely anticipated by markets and marks the eighth consecutive rise in the lending rate in less than a year. It also represents the second meeting in a row the Fed… -
Tom Brady is retiring from the NFL ‘for good’
Tom Brady announced he’s retiring after 23 seasons in the NFL. The seven-time Super Bowl champion said this time it’s “for good.” “Thank you so much to every single one of you for supporting me – my family, my friends, my teammates, my competitors. I could go on forever. There’s too many. Thank you guys… -
US lost 287,000 jobs while government was reporting +1 million in gains
The labor market may have been much weaker than the government let on in 2022. While the Bureau of Labor Statistics initially reported the U.S. economy added 1.2 million jobs last spring, a new report shows the private sector had a net loss of 287,000 jobs during the same time period, a difference of nearly… -
M&M’s bows to political pressure but these 5 brands embrace the divide
M&M’s is turning some strange backlash over the footwear choices of their animated mascots into opportunity. Earlier this week, the brand announced it ditched its now-divisive spokescandies in favor of actress Maya Rudolph, who is already making some changes to the famous treat. M&M’s decision appears to show it bowing to backlash for being too… -
77 Democrats send a letter to Biden denouncing his immigration policy
77 congressional Democrats sent a letter to President Biden denouncing his immigration policy. They wrote the president’s immigrant parole program and other proposed asylum rules break the law and penalize people trying to exercise their right to asylum. “Now anyone who tells you that the only way to secure our border is to punish asylum…