Brent Jabbour
More from Brent Jabbour
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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… -
US economy grew 2.1% in 2022, bouncing back from negative first half
The U.S. economy grew 2.1% in 2022, despite widespread fears the country was heading toward a recession. That’s according to the latest gross domestic product data from the Bureau of Economic Analysis out Thursday. In the fourth quarter of 2022, the advanced estimate shows a growth of 2.9%, slightly above analysts’ expectations for the quarter.… -
The ‘greenhushing’ era? Political climate has companies staying quiet on climate
Greenwashing is a term that’s been around since the 1980s, coined to describe companies that mislead or lie about environmental achievements. But 2023 may be the year of “greenhushing,” where companies start staying quiet about climate goals and progress. A recent report by South Pole said that nearly a quarter of surveyed global climate leaders… -
Swalwell: McCarthy will regret removing me from House Intel panel
Rep. Eric Swalwell, D-Calif., said House Speaker Kevin McCarthy, R-Calif., will regret removing him and Adam Schiff, D-Calif., from the House Intelligence Committee and possibly removing Rep. Ilhan Omar, D-Minn., from the Foreign Affairs Committee. “But we will not be quiet. We’re not going away. I think he’ll regret giving all three of us more… -
‘Makes no sense’: Sen. Graham calls out Republicans who question Ukraine aid
Sen. Lindsey Graham, R-S.C., is calling out Republicans who question whether the U.S. should continue providing financial and military aid to Ukraine. Graham’s statement came as President Biden announced the U.S. will send the country 31 Abrams tanks to help defeat Russia. “So this idea that we can’t help Ukraine because we got a broken… -
Debt ceiling drama a ‘farce’ since US can’t legally default: economist
Congress is at a familiar crossroads in 2023. Since 1960, elected representatives have acted on the debt ceiling 78 times to avoid default. As the U.S. breaches its current $31.4 trillion ceiling, the Treasury Department is taking “extraordinary measures” to avoid default. Those measures will help stave off decision-making time until June, but Congress theoretically… -
‘Crimea is within reach’: Senators return from Ukraine as US preps to send tanks
Sen. Richard Blumenthal, D-Conn., believes it is possible for Ukraine to retake Crimea. Blumenthal just returned from his third trip to the country, a bipartisan delegation that included Sens. Lindsey Graham, R-S.C., and Sheldon Whitehouse, D-R.I. “Everything I have come to learn about the will and determination of the Ukrainians leads me to conclude, retaking… -
Live Nation president tells Senate that Taylor Swift fiasco was caused by bots
It was a debacle that Taylor Swift fans will remember forever and always. It all goes back to November, when Swift announced her Eras tour. A presale began Nov. 15, but Ticketmaster’s system wasn’t ready for it and crashed. The company then canceled the sale for the general public. Now the Senate Judiciary Committee wants… -
Arizona will charter airplanes to transport migrants out of state
Arizona will begin using airplanes to move migrants from border communities to other cities around the country. According to a report in USA Today, the state signed a contract Jan. 14, and will use both buses and aircraft. The practice of transporting migrants to other states began with former Gov. Doug Ducey, R, who sent…
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