Brent Jabbour
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Roblox responds to report it attracts pedophiles and lies to investors
A prominent short seller claimed the popular video game platform Roblox is an “X-rated pedophile hellscape” and said the company is lying to investors about its numbers. Last week’s report from Hindenburg Research prompted a suicide prevention campaign to call on British regulators to do more to protect kids from harmful online content. Hindenburg Research… -
Facing the music: Can Taylor Swift ever top The Eras Tour?
Pop megastar Taylor Swift kicks off the final U.S. leg of her gigantic Eras Tour on Friday, Oct. 18, in Miami. When all is said and done, Swift will have spent nearly two years globe trotting in front of millions of fans, selling out arenas worldwide and generating more than $2 billion. For Swifties who missed… -
Why deportations are an ‘economic disaster’ and other immigration truths
There are likely more than 11 million immigrants living in the U.S. today without authorization. On the campaign trail, former President Donald Trump has promised to enact “mass deportations” to remove unauthorized immigrants. Trump said he would use the Alien Enemies Act of 1798, which has not been used since internment camps during World War… -
How Florida’s state-backed insurance went from last resort to largest provider
It was meant to be the insurance of last resort. But along the way, Florida’s government-backed Citizens Property Insurance Corporation became the largest insurance provider in the state. “Citizens Property Insurance, which was created decades ago, it is not solvent, and we can’t have millions of people on that, because if a storm hits, it’s… -
Boeing lays off 10% of workforce as strike enters fifth week
A month into the strike of 33,000 Boeing machinists with no end in sight, Boeing’s issues are piling on. Boeing CEO Kelly Ortberg announced Friday, Oct. 11, the company will lay off 17,000 employees, which accounts for roughly 10% of its staff. “Our business is in a difficult position, and it is hard to overstate… -
Hurricane Milton likely caused $60 billion in insured losses, early estimate shows
Hurricane Milton was a one-in-1,000-year rainfall event for the Tampa, Florida, area, with wind gusts around 100 miles per hour. The roof blew off the Tampa Bay Rays’ Tropicana Field, which was supposed to house hurricane workers. Hurricane Milton has torn through Florida, and now comes the recovery. A Morningstar analysis ahead of the storm… -
Economy may reel from hurricanes for 6+ months, Fed president says
Recovery efforts for Hurricane Helene are just getting started in the southeastern U.S., as Hurricane Milton makes landfall in Florida. The back-to-back disasters less than two weeks apart will have a lasting impact on the economy, Atlanta Federal Reserve Bank President Raphael Bostic warned during the week of Oct. 6. Bostic said hurricane season impacts… -
Inflation cools for sixth month in September but food and shelter stay hot
Consumer price inflation cooled for the sixth straight month in September 2024, coming in at 2.4% annually. Monthly prices rose 0.2% from August, according to data released by the Bureau of Labor Statistics Thursday, Oct. 10. Core inflation, which removes more volatile food and energy prices, rose 3.3% annually and 0.3% compared to August. September’s… -
Surging insurance costs threaten to erode Florida’s home values
The state of Florida is bracing for Hurricane Milton’s wrath less than two weeks after Hurricane Helene battered the Gulf Coast. The back-to-back hurricanes are a devastating reminder that 1 in 3 Florida homes is susceptible to storm surge flooding from hurricanes, according to Guidewire. As homeowners pick up the pieces of their lives, another storm… -
Harris and Trump both make national debt worse, ‘especially Trump’
Policies proposed by former President Donald Trump would add more than twice as much to the national debt as policies proposed by Vice President Kamala Harris, according to a bipartisan analysis by the Committee for a Responsible Federal Budget. The middle estimate for Harris’ plans is that they increase the debt by $3.5 trillion through 2035,… -
Boeing strike strategy ‘baffles’ top aviation analyst. Where do talks go next?
Boeing and machinists are back at the negotiating table the morning of Monday, Oct. 7, after more than a week of stalemate. The International Association of Machinists and Aerospace Workers said Boeing’s last offer disrespected the entire union after the company released the terms to the public before the union had responded. Even then, 80%… -
California effort to regulate AI fails. Where does AI regulation go from here?
California Gov. Gavin Newsom made headlines Sunday, Sept. 29, after he vetoed a sweeping artificial intelligence safety bill. So what comes next for AI regulation in the country and how do America’s efforts match up against other governments? The proposed California law would have required safety testing of large AI systems. It would have also… -
Markets convinced Fed will cut by 25bps after ‘very, very good’ jobs report
The next Federal Reserve rate decision may still be one month away, but traders are increasingly confident the Fed will cut by 25 basis points in November after seeing September’s jobs report. In new data out Friday, Oct. 4, the Bureau of Labor Statistics reported the U.S. economy added a surprise 254,000 jobs in September,…
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Senators Sanders, Hawley introduce bill to cap credit card interest at 10%
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Getty Images
Elon Musk teases a DOGE audit of the IRS
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Disney
‘The Fantastic Four: First Steps’ teaser trailer introduces first family into MCU
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AP Images
Airport workers arrested for leaking video of DC plane crash that killed 67
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CNA
China’s military drills simulate blocking US forces from Taiwan
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