Brent Jabbour
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46% of Americans still paying off last summer’s debt
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‘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… -
Organized retail crime: A ‘revolving door of no consequences’ for criminals
It’s not your average shoplifting infraction. Retailers around the country report that they are losing tens of billions of dollars a year to organized retail crime. “It’s like a wildfire burning out of control with no easy way to stop it,” said Burt Flickinger, managing director of Strategic Resource Group and a top consultant in… -
5 reasons why it’s the worst year for housing in decades
Buying a home can be an ordeal, and the housing market is especially rough right now. Just what factors are causing the biggest headaches? Here are five reasons 2023 has been the worst year for housing in decades in this week’s Five For Friday. #5: Rent If you have to put off buying your dream… -
Cable TV’s survival chances as streaming gobbles up live sports
Since people first started cutting the cable cord more than a decade ago, broadcast and cable networks have clung to two facets of live television for dear life: News and sports. In 2023, every major news agency has an online presence. CNN just announced a streamed version of the network live on Max. And in… -
Criminals making millions from running organized retail crime rings
When people think about organized crime, names like Al Capone, Frank Costello and Joe Colombo come to mind. However, brazen mobs plundering stores is the organized crime that is plaguing retailers nationwide. Organized retail crime is not your average shoplifting transgression. While shoplifting usually refers to small-scale theft for personal gain, organized retail crime involves… -
The 5 explosive revelations from Sam Bankman-Fried’s FTX fraud trial
FTX founder Sam Bankman-Fried’s fraud trial is in full swing. The beleaguered crypto evangelist faces up to 110 years in prison if convicted. The details of one of the biggest fraud cases since the turn of the century will come out during this six-week trial. Here are the five biggest revelations so far in this… -
The dark side of light tracking devices like Apple AirTags
There’s a dark side of a device so light, victims don’t even know it’s there. Apple AirTags are meant to track personal belongings, but criminals quickly capitalized on far more nefarious utilities. “Had that device not been in that car, my son would still be living today. She found my son because of the Apple… -
Taylor Swift and Beyoncé concert films need to make this much to top the chart
Taylor Swift and Beyoncé could be facing off during the next award season. This time, it could be over dueling concert films rather than the best music video. “Taylor Swift: The Eras Tour” hits theaters Oct. 13, while “Renaissance: A Film By Beyoncé” comes out in December. Showing her business acumen, Swift decided to bypass… -
UAW strike tops $5.5 billion in economic losses, setting new record
Update on Monday at 12:55 p.m. Eastern: The ongoing United Auto Workers strike has set a current-century record for losses due to an auto industry strike. Anderson Economic Group announced Monday that through Oct. 5, total economic losses from the strike exceeded $5.5 billion. The previous record loss was $4 billion from the 2019 UAW… -
Fueling home insurance crisis: Natural disasters rack up billions in damage
Ida. Ian. Idalia. Extreme storms are increasingly battering the U.S. at alarming rates and causing billions in damage. “You want to live on the water, you got to put up with it, you know,” 77-year-old retiree John “Sparky” Abrandt said as he picked up debris around his Horseshoe Beach, Florida, home following Hurricane Idalia. It’s… -
With home insurance premiums through the roof, some homeowners go ‘naked’
When the worst happens to your home, a common consolation is, “That is what insurance is for.” But with the price of homeowners’ insurance going through the roof, more people are opting to go without. About 12% of homeowners do not carry homeowners’ insurance, according to a recent Insurance Information Institute (Triple-I) analysis. Nearly half… -
The Netflix DVD era is over after 25 years. Here are the 5 most-rented discs
Friday, Sept. 29, marks the end of Netflix’s DVD-by-mail service after 25 years and the delivery of more than 5 billion disks. At its peak, customers were inundating the United States Postal Service by returning more than 1.6 million disks daily. It’s the end of an era; let’s take a trip down memory lane with… -
Why more insurers are refusing to provide homeowners’ insurance
It’s not anecdotal: Extreme natural disasters are happening more often and causing way more damage. Insurance is supposed to be there to safeguard homeowners in case the worst happens to their property. However, in disaster-prone areas, some insurers are declaring that it’s too risky to keep doing business there. “The last few years, insurers have…
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