More from Brent Jabbour
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Why high food prices will persist even when inflation eases elsewhere
As the old saying goes, the cure for high prices is high prices. But that line won’t work for food prices at the grocery store, which in August marked the highest 12-month surge since 1979. Groceries are up 13.5% on the year, driven by spikes in the price of eggs (39.8%), chicken (16.6%), cereal (16.4%)… -
Bacon-Vargas tops House races to watch this November
This November, all 435 seats in the House of Representatives will be on the ballot. The party that takes the majority will control which bills get a vote on the House floor and which party controls the committees; and with that comes the power to investigate and issue subpoenas. With so many races to follow… -
Abbott-O’Rourke among top governor’s races to watch this November
In addition to the congressional midterms, there are 36 governor’s races being decided Tuesday Nov. 8. Voters will choose their next state executive, ultimately giving the winner a big say in key issues including education, abortion rights and public safety. Here are the biggest governor’s races to watch. 1. Arizona Candidates: Secretary of State Katie… -
Disney, Twitter among top companies fighting activist investors
When activist investors take a major stake in a company, the intent is to shake things up. Usually through specialized hedge funds, they flex their shareholder position to advocate for everything from firing CEOs to changing the focus of the business. Here are companies in the throes of activist investors in this week’s Five for… -
Walker-Warnock tops list of Senate races to watch in 2022 midterms
Democrats and Republicans are encouraging their constituents to vote by saying abortion rights, gun rights, student loan relief, healthcare and public safety are all on the ballot this November. But at the end of the day, it’s all about the majority. So, as voters prepare to choose which party will control Congress, here are five… -
Graham introduces bill to ban abortions after 15 weeks
Sen. Lindsey Graham, R-SC, is introducing a bill that if passed, would prohibit doctors around the country from performing an abortion after 15 weeks. There are exceptions for cases of rape, incest or risks to the life and physical health of the mother. The Protecting Pain-Capable Unborn Children from Late-Term Abortions Act is very similar to… -
Whistleblower Zatko to Senate: Twitter misleads public, has security issues
A former Twitter executive turned whistleblower appeared before the Senate Judiciary Committee and said that the company is misleading the public, lawmakers, regulators and even its own board of directors. Peiter “Mudge” Zatko, Twitter’s former head of security, also said the social media company is more than a decade behind industry security standards putting users’… -
August inflation rate slides to 8.3%, falling for second straight month
The annual inflation rate cooled for the second straight month, reaching 8.3% in August after peaking at 9.1% in June. Consumer prices continued to see relief in energy, helping drive down the annual rate, according to the Bureau of Labor Statistics report. Monthly consumer prices rose 0.1 % from July to August. Gas prices continued… -
Twitter whistleblower set to testify on Capitol Hill Tuesday
Twitter whistleblower Peiter Zatko is scheduled to testify before the Senate Judiciary Committee on Tuesday. He is Twitter’s former head of security who alleged the company has extraordinary security flaws from the inside out and has tried to hide them. Zatko gave Congress and federal regulators a whistleblower disclosure document that was shared with CNN… -
Biden Executive Order aims to improve US biomanufacturing
President Biden signed an executive order Monday creating a National Biotechnology and Biomanufacturing initiative aimed at domestically producing new technology invented in the United States. The White House contends the U.S. is too reliant on foreign materials and production and that other nations are positioning themselves to be leaders in the BioTech sector. “Other countries,… -
DHS changes immigration rules for green card seekers
The Department of Homeland Security is making a rule change that will make it easier for migrants who receive financial assistance from the government to obtain green cards. The department explained in a press release that the rule change better aligns with guidance that had been in place from 1999 until 2019 when it was… -
Sanders and Progressives willing to shut down the government for climate
Sen. Bernie Sanders, I-VT, said he’s willing to shut down the government for the sake of the climate, and he’s not alone. He, along with 59 members of the House Progressive Caucus, are expressing deep concern about permitting provisions for oil and gas leases that are set to be included in an upcoming government spending… -
Five sectors facing layoffs amid economic uncertainty and high inflation
Concerns about the state of the economy come with worries about job security. In fact, half of companies are expecting to cut staff according to a PwC survey of more than 700 executives. The same survey found many executives are also planning hiring freezes and even rescinding job offers. But many companies have already trimmed…