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Rocio Fabbro

Rocio Fabbro

Foreign Policy

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CEOs make almost 200 times what their employees earn

The gap between what chief executives and their workers make each year is growing.Read more...

yesterday 1

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Google taps Eli Lilly finance chief as its new CFO

After almost a year of searching, Google parent Alphabet has finally found a replacement for its chief financial officer position.Read more...

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A Texas national stock exchange is coming as early as next year

A new bull is entering the ring — and it’s backed by heavyweights.Read more...

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Older generations don't trust AI to manage their money

Artificial intelligence has crept into our everyday lives in many ways, both seen and unseen. And older generations are hesitant to leverage the...

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The Fortune 500 is here. These are the top 10 companies

Fortune released its 70th annual ranking of the largest U.S. companies on Tuesday. The Fortune 500 list is made up of 500 companies that together...

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'Roaring Kitty' could get kicked off E*Trade for GameStop stock manipulation

Morgan Stanley’s online trading platform is considering kicking Roaring Kitty to the curb.Read more...

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'Open banking' is coming to the U.S. What is it and are banks ready?

The banking industry took its time to transition from paper bills to plastic cards. Now it’s in the midst of a more rapid transformation: going...

monday 30

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The 5 most affordable cities for first-time home buyers — and the 5 least affordable

An old rule of thumb may not be so handy anymore.Read more...

02.06.2024 20

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Bill Ackman’s Pershing Square Capital could go public soon

Activist investor and newly-public persona Bill Ackman has IPO ambitions.Read more...

31.05.2024 10

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Google wants users to fact-check screenshots of its AI Overviews search tool responses

Google doesn’t want users to eat glue and rocks, but it does want people to double-check some of the more far-fetched content they receivefrom...

31.05.2024 20

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Donald Trump's conviction isn't rattling Trump Media stock

Former President Donald Trump was convicted on 34 felony counts on Thursday night. Stock of the media company bearing his name has barely felt it.Read...

31.05.2024 20

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The 10 cities where mortgage payments have risen the most in the past 2 years

The costs associated with owning a home have skyrocketed over the past few years, especially in the aftermath of the pandemic, as mortgage rates...

31.05.2024 10

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Commercial real estate is hitting bottom and now is the time to buy, Blackstone exec says

Commercial real estate (CRE) is showing “early signs of recovery” as market activity continues to pick up, according to Blackstone chief operating...

30.05.2024 8

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'We dug ourselves a hole,' American Airlines CEO says

American Airlines CEO Robert Isom warned that the company’s earnings will be off by “a couple hundred million dollars” next quarter — and the...

30.05.2024 20

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AI could help bank fraudsters steal $40 billion, Deloitte predicts

As the banking sector continues to funnel resources into building up its artificial intelligence capabilities and offerings, scammers are leveraging...

30.05.2024 20

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Nelson Peltz sold all his Disney stock after losing a big board battle against Bob Iger

Activist investor Nelson Peltz is throwing in the towel when it comes to his Disney ambitions — for good this time.Read more...

30.05.2024 9

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AI is so good at predicting company results that it can beat some analysts, researchers claim

Artificial intelligence could soon find itself an ongoing role in the financial services sector.Read more...

29.05.2024 8

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Mortgage applications dropped as the housing market keeps getting uglier

Fewer Americans are applying for mortgage loans as rates rise again.Read more...

29.05.2024 4

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Black mortgage applicants are denied more than twice as much as white applicants

Despite growing homeownership rates among Black Americans, mortgage applications from Black borrowers are still getting denied at far higher rates...

29.05.2024 9

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ConocoPhillips is buying Marathon Oil for $17.1 billion in the latest Big Oil merger

The Big Oil mergers keep coming.Read more...

29.05.2024 40

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How much top Wall Street CEOs were paid last year

Wall Street chiefs have always been paid handsomely — but last year took the cake.Read more...

29.05.2024 40

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OpenAI has a new safety committee— and of course it includes Sam Altman

OpenAI has formed a new safety and security committee after its existential dangers team was disbanded earlier this month.Read more...

28.05.2024 9

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T-Mobile is buying most of UScellular for $4.4 billion

T-Mobile will acquire the majority of UScellular’s assets for $4.4 billion.Read more...

28.05.2024 30

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GameStop stock soars 25% after selling 45 million more shares

GameStop stock climbed 25% in pre-market trading Tuesday, following the completion of its latest share sale.Read more...

28.05.2024 10

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7 cities where you need to make $200,000 to afford a typical home

Buying a home was once considered a milestone. But in many parts of the U.S. today, it seems to be getting farther and farther out of reach for many...

27.05.2024 20

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Nvidia CEO Jensen Huang’s net worth ballooned $8 billion in one day

Nvidia stock has had a red-hot week following a stellar first-quarter earnings report. And the chipmaker’s CEO is already reaping the rewards.Read...

24.05.2024 10

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Parents are feeling more financial stress than other U.S. adults — and the gap is widening

A shrinking number of parents feel that they’re doing well financially — even as U.S. adults generally feel pretty good about about their...

24.05.2024 20

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More Wall Street giants are telling employees to get back to the office full-time

With the remote work days of the COVID-19 pandemic seeming like a distant memory, more big banks are calling employees back to their offices...

24.05.2024 40

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The number of 401(k) millionaires has hit a record, Fidelity says

Record-high contributions and a healthy stock market are boosting retirement savings for some, at a time when Americans feel they need a bigger nest...

23.05.2024 30

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Goldman Sachs could soon be setting up headquarters in Saudi Arabia

Goldman Sachs may set up its Middle East regional hub in Saudi Arabia, in line with a recent push by the kingdom to bring global corporations within...

23.05.2024 10

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FINRA wants Wall Street to stop blaming it for return-to-office mandates

The Financial Industry Regulatory Authority (FINRA) is setting the record straight on its new remote and hybrid work oversight rules, which have...

23.05.2024 20

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Bank CEO says he accepted his $4.2 million job on the condition that he can work from home

While CEOs across the banking industry have been pushing for their employees to return to the office, the head of Santander Bank says he only took the...

22.05.2024 30

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Rent in Midwest cities continues to climb even as prices fall nationwide

While rents fell nationwide in April, three Midwestern cities saw prices soar past pre-pandemic records.Read more...

22.05.2024 20

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Buy now, pay later lenders are now considered credit card providers in the U.S. Here’s what that means

The Wild West of buy-now, pay-later systems is getting reined in. On Wednesday, the U.S. Consumer Financial Protection Bureau (CFPB) published an...

22.05.2024 20

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Citi was fined $79 million over inadequate controls for 'fat finger' trading errors

Citigroup’s international broker-dealer arm was fined £61.6 million ($79 million) by British regulators over failings in its trading systems and...

22.05.2024 10

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Americans plan on keeping their wallets shut this Memorial Day weekend

This Memorial Day weekend, Americans are staying frugal.Read more...

22.05.2024 10

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The top 10 places to live in the U.S. this year

The U.S. News & World Report released its rankings for the best U.S. cities to live in for 2024-2025.Read more...

22.05.2024 60

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JPMorgan CEO Jamie Dimon is dropping more clues about his retirement

Long-serving JPMorgan Chase CEO Jamie Dimon can finally see his retirement on the horizon.Read more...

21.05.2024 20

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Trump Media lost $327 million last quarter

Trump Media & Technology Group reported a loss before income taxes of $327.6 million last quarter, as the company behind former President Donald...

21.05.2024 30

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Janet Yellen says America won't back a billionaire tax

World leaders are floating the idea of levying a global tax on the world’s richest people — and America wants no part of it.Read more...

20.05.2024 80

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JPMorgan Chase is training every new hire in AI

New hires at JPMorgan Chase are being trained to take on the growing potential of artificial intelligence, as the bank continues to establish itself...

20.05.2024 10

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Amazon CEO Andy Jassy on the keys to career success

Andy Jassy was tapped to replace Jeff Bezos as Amazon CEO almost three years ago, after wearing various hats at the company for more than two decades....

20.05.2024 10

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Spirit Airlines has joined Frontier in dropping change and cancellation fees

Spirit Airlines is the latest carrier to do away with cancellation and change fees, as more and more airlines get rid of the extra charges.Read...

20.05.2024 20

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OpenAI's leaders say they'll 'keep elevating' safety after disbanding their existential dangers team

Artificial intelligence is going to become more ingrained in our day-to-day lives — and OpenAI’s leadership wants the world to know it’s taking...

20.05.2024 40

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How Florida and Texas became the Wall Street of the south

Wall Street banks, hedge funds, and other financial institutions looking to expand their operations are increasingly turning to the business-friendly...

20.05.2024 20

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Frontier Airlines just ditched flight-change fees

As the United States government cracks down on junk fees and predatory practices in the airline industry, Frontier Airlines has introduced a series...

17.05.2024 30

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GameStop stock plummeted 22% after revealing that sales declined this quarter

GameStop stock plunged more than 20% after the company disclosed that it expects a large drop in sales for this year’s first quarter and will be...

17.05.2024 10

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OpenAI will use Reddit content to train ChatGPT

Reddit and OpenAI have struck a licensing agreement to use content from the social media platform to train its products, including its chatbot...

17.05.2024 60

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These 5 private equity firms made half-a-trillion dollars in 5 years

It’s no surprise that there’s big money in private equity.Read more...

16.05.2024 20

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Ray Dalio says the U.S. is 'on the brink' of civil war — and maybe Taylor Swift should be president

Given the worsening divisions in the United States, there’s a growing possibility that the country could fall into a civil war, according to...

16.05.2024 70

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