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Alena Botros

Alena Botros

Fortune

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Senators ask DOJ to investigate whether Elon Musk is using his insider status in the Trump administration to pressure advertisers back to X 

Five Democratic senators said they’re concerned X is using Musk’s influential role to “extract revenue from advertisers,” the Wall Street...

yesterday 0

Fortune

Alena Botros

A staycation nation—Americans hit a 15-year low in travel planning

Blame policy uncertainty on Trump 2.0, according to Apollo chief economist Torsten Slok.

yesterday 30

Fortune

Alena Botros

Wall Street is distraught over Trump’s tariffs

The consensus? Tariffs are mostly bad news.

previous day 20

Fortune

Alena Botros

Co-CEOs at $31 billion homebuilder split the title—but one makes millions more than the other

The two CEOs’ total compensation for fiscal 2024 was almost $55 million combined, Lennar’s recently filed proxy statement shows.

tuesday 10

Fortune

Alena Botros

Treasury Secretary Scott Bessent sees inflation plummeting to the Federal Reserve’s 2% target despite Trump’s tariffs 

Bessent blamed “four years of disastrous policies,” for scorching inflation, claimed the current administration was working everyday to lower...

tuesday 9

Fortune

Alena Botros

Trump’s FTC chair is looking to ‘combat inflation by making sure wages stay up’

The new head of the Federal Trade Commission, Andrew Ferguson, appears set to carry forward his predecessor Lina Khan’s torch and crack down on...

28.02.2025 8

Fortune

Alena Botros

Elon Musk has been entrusted with federal cost-cutting. Meanwhile, his businesses have collected a reported $38 billion in government funds—including millions loaned to Tesla when it was struggling 

Almost two-thirds of the $38 billion in funds were pledged to his businesses in the past five years, per the report.

27.02.2025 200

Fortune

Alena Botros

Trump takes a victory lap on Apple’s $500 billion U.S. investment, but one analyst calls it ‘completely unrealistic’

Another analyst said, “Cook continues to prove that he is 10% politician and 90% CEO,” referring to the Apple chief executive.

25.02.2025 20

Fortune

Alena Botros

Trump is reportedly planning a Postal Service takeover. The White House denies any such executive order is in the works

The president is expected to sign an executive order that would fire the governing board of the U.S. Postal Service and leave the agency to the...

21.02.2025 10

Fortune

Alena Botros

A $7 billion global engineering and construction giant hired a new CEO—but he’ll make less than half as much as his former boss  

Fluor tapped Jim Breuer to be chief executive after less than a year as chief operating officer and more than three decades at the holding company.

21.02.2025 10

Fortune

Alena Botros

Trump directly contradicts White House over who really runs DOGE, saying he ‘put a man named Elon Musk in charge’

In court, the administration says Musk isn’t in charge. Donald Trump just said the opposite.

20.02.2025 3

Fortune

Alena Botros

Luxury homebuilder says more than 70% of business is from wealthy move-ups and empty nesters with years of home price appreciation. The rest are rich millennials

“Demand for our homes continues to be supported by our affluent customer base,” Toll Brothers chief executive and chairman Douglas Yearley said on...

20.02.2025 10

Fortune

Alena Botros

‘Inflation is back,’ Trump says. ‘I had nothing to do with it’

An inflation surge in January is complicating Trump’s campaign promise to bring down prices on “day one.”

19.02.2025 4

Fortune

Alena Botros

Elon Musk isn’t in charge of DOGE or even an employee of it, White House says  

A legal filing claims Musk has no formal authority to make decisions and seeks to create distance between the president and his “first buddy.”

19.02.2025 10

Fortune

Alena Botros

‘Disaster amnesia’: The Los Angeles wildfires revealed a deeper, more vicious cycle that has plagued California for decades

The secret is out, but the charred remains of LA neighborhoods still might not be enough to change the Golden State’s approach to housing.

17.02.2025 30

Fortune

Alena Botros

From legal settlements to business ventures, mega corporations are making deals with President Donald Trump and the Trump family

Companies have reportedly doled out $80 million to the Trump family and his presidential library, according to the Wall Street Journal.

15.02.2025 10

Fortune

Alena Botros

French President Macron denounces Trump’s Gaza takeover plan: ‘The right answer is not a real estate operation’

President Donald Trump wants to remake Gaza into the “Riviera of the Middle East,” and he wants Jordan and Egypt to take in Palestinians.

12.02.2025 3

Fortune

Alena Botros

UnitedHealth hired a defamation law firm to go after social media posts criticizing the company

The insurer and its law firm denies a doctor’s online claim that it refused to cover care for a cancer patient.

10.02.2025 8

Fortune

Alena Botros

Trump once again likens Chuck Schumer to Palestinian people while doubling down on his Gaza takeover proposal

President Trump took to Truth Social to amplify his plan to control and redevelop Gaza.

06.02.2025 9

Fortune

Alena Botros

Andreessen Horowitz just hired Daniel Penny, the ex-Marine who was acquitted after choking a man to death on a New York City subway

Marc Andreessen backed the Republican ticket in the presidential election, and Vice President JD Vance cheered the news of the hire.

05.02.2025 3

Fortune

Alena Botros

The finance world mostly agrees: Trump’s tariffs are bad news

The president himself said there might be some pain. He has delivered it.

03.02.2025 8

Fortune

Alena Botros

The Fed sent stocks spiraling after its last meeting, and now the central bank is expected to leave interest rates untouched

Wall Street is banking on two interest rate cuts in 2025.

29.01.2025 9

Fortune

Alena Botros

The Fed sent stocks spiraling after its last meeting, and now the central bank is expected to leave interest rates untouched on Wednesday

Wall Street is banking on two interest rate cuts in 2025.

28.01.2025 5

Fortune

Alena Botros

Wealthy Trump appointees are flocking to Washington, D.C., and looking for luxury homes

President Donald Trump’s rich Cabinet picks are either buying or looking for lavish houses in the capital, the Wall Street Journal reported.

24.01.2025 10

Fortune

Alena Botros

Top real estate CEO says California is now battling a ‘triple threat’ no one has seen before 

However, President Donald Trump could become the “real estate developer in chief” that the state needs.

24.01.2025 20

Fortune

Alena Botros

Top real estate CEO says fire-ravaged LA residents are desperate for a place ‘to live for the week’ amid waves of price gouging 

“Forget about buying their forever home,” Redfin’s Glenn Kelman said. “They’re looking for shelter.”

24.01.2025 10

Fortune

Alena Botros

Donald Trump’s 2025 inauguration: The executives expected to attend

Eight years ago, it was mostly family and elected officials behind Trump as he took the oath of office. This time fellow billionaires will surround...

19.01.2025 10

Fortune

Alena Botros

TikTok’s CEO is planning to attend Trump’s inauguration. He’ll see Elon Musk, Mark Zuckerberg, and Jeff Bezos 

Donald Trump’s inauguration is a day after a ban on the app could take effect.

16.01.2025 3

Fortune

Alena Botros

Trump once called Jeff Bezos ‘Jeff Bozo’ and threatened to imprison Mark Zuckerberg for life. Both billionaires will stand just feet away from him on Inauguration Day

Mark Zuckerberg, who the President-elect once threatened to jail, and Jeff Bezos, who Trump once called “Jeff Bozo” will have a prime view when...

16.01.2025 10

Fortune

Alena Botros

Bill Ackman says his bid for Howard Hughes Holdings would make it ‘a modern-day Berkshire Hathaway’

Ackman proposed a takeover of real estate developer Howard Hughes for $85 a share and said he is displeased with its recent stock performance.

13.01.2025 6

Fortune

Alena Botros

Two families lost their homes to the LA wildfires: One isn’t sure if it can or should rebuild, while another is already planning to

A family in Altadena doesn’t know how much insurance will cover. Another one in Pacific Palisades has contacted a builder.

10.01.2025 4

Fortune

Alena Botros

The housing market is heading for the affordability of 2 years ago, Morgan Stanley says. Here’s why its home price forecast is unchanged

“Home prices have once again broken through to a new record high,” James Egan says, but the bank still sees them dropping in 2024.

09.01.2025 60

Fortune

Alena Botros

Trump is reportedly considering declaring a national economic emergency to make his tariffs happen

President-elect Donald Trump could use the International Economic Emergency Powers Act, a threat he has made before.

08.01.2025 3

Fortune

Alena Botros

Mark Zuckerberg takes a cue from Elon Musk: Facebook and Instagram will ditch fact checking and instead rely on community notes

The Meta CEO announced changes to content moderation just in time for a familiar, incoming presidential administration.

07.01.2025 5

Fortune

Alena Botros

Donald Trump has raised $200 million since the election as CEOs and corporations line up to smash inauguration record

At least $150 million has been raised for the president-elect’s inauguration celebrations, people familiar with the matter told the New York Times....

06.01.2025 3

Fortune

Alena Botros

Carvana father-son duo lose hundreds of millions of dollars in net worth after short seller report

A prominent short seller accused the used car dealer of wrongdoing, sending its shares down.

03.01.2025 3

Fortune

Alena Botros

Where RFK Jr. got all his money and how he gained power in Trump’s circle

Forbes last year estimated that Robert F. Kennedy Jr.’s net worth was about $15 million.

29.12.2024 7

Fortune

Alena Botros

Government shutdown odds swing wildly on betting markets as Trump would rather see it start under Biden

Elon Musk and Donald Trump killed plan A, Republicans defied Trump and voted against plan B, and now we’re on plan C.

20.12.2024 5

Fortune

Alena Botros

Elon Musk spent the day bashing a spending package before Donald Trump tagged in and threatened any Republican who voted for it. The bill is dead.

Musk and Trump effectively quashed a spending bill that could have avoided a government shutdown via their social media platforms.

19.12.2024 10

Fortune

Alena Botros

Tech giants, Wall Street, and corporate elite are pouring millions into to Donald Trump’s inauguration

The president-elect’s inaugural fund donors range from CEOs like Sam Altman and Ken Griffin, to Meta, Amazon, Bank of America and Goldman Sachs.

18.12.2024 5

Fortune

Alena Botros

A former Fed president says she would not cut interest rates this week, but she expects the central bank will anyway

The Federal Reserve is expected to cut its key interest rate by 25 basis points on Wednesday.

17.12.2024 8

Fortune

Alena Botros

Inside the Fed, analysts reportedly avoid casual talk of tariffs in emails and meetings in case the comments are leaked and the central bank is perceived as anti-Trump

It appears Fed staff are erring on the side of caution, according to the New York Times, which cited people familiar with the matter.

16.12.2024 5

Fortune

Alena Botros

The lawyer who is helping RFK Jr. pick officials for the Trump administration wants the FDA to revoke approval for the polio vaccine

Aaron Siri is interviewing and helping choose candidates for high-level health roles, according to the New York Times.

13.12.2024 30

Fortune

Alena Botros

Executives are working to acclimate educators and healthcare providers to AI

Executives in education and healthcare discuss the adoption of generative AI in their respective fields during a panel at Fortune’s Brainstorm AI...

12.12.2024 2

Fortune

Alena Botros

Someone just bought Mark Zuckerberg’s gold-plated necklace at auction for roughly 100 times its market value

The auction house listed it as “one of the gold chains he wore during the early days of experimenting with his new style.”

12.12.2024 5

Fortune

Alena Botros

Three chip leaders on what drives them to compete against $3 trillion Nvidia — and where the opportunity is

AMD, Cerebras Systems, and Altera executives explain the importance of competition in the chips world at Fortune’s Brainstorm AI in San Francisco...

11.12.2024 3

Fortune

Alena Botros

Here’s what AI CEOs are thinking about when it comes to building AI businesses

At Brainstorm AI, Daniela Braga, founder of Defined.ai, broke it down to three pillars: data, biases, and working conditions.

11.12.2024 2

Fortune

Alena Botros

Healthcare executives are banking on AI to unburden doctors, make processes smoother, and save time

At Fortune’s Brainstorm AI conference, CVS’s Tilak Mandadi said, “anything we’re doing with AI that makes our care and clinical professionals’ jobs...

10.12.2024 30

Fortune

Alena Botros

A band of billionaires assembles for Trump 2.0. Here’s who is onboard so far

President-elect Donald Trump has tapped a number of billionaires for his cabinet and administration, such as Howard Lutnick, Jared Isaacman, and...

06.12.2024 5

Fortune

Alena Botros

Marc Andreessen is recruiting and interviewing staff for Elon Musk’s Department of Government Efficiency 

The billionaire Trump supporter can add recruiter for the world’s richest man to his resume.

05.12.2024 5

Fortune

Alena Botros