Alexander Fabino
Reporter, Economy & Finance
Aj Fabino is a Newsweek reporter based in Chicago. His focus is reporting on Economy & Finance. Aj joined Newsweek in 2023 and brings with him in-field experience reporting on complex financial topics. His analysis during a high-profile bankruptcy case garnered recognition and was cited by Congress. Over the years, Aj has engaged with high-profile politicians and numerous billion-dollar company CEOs. He has a Bachelor of Science in Business Administration from Northern Illinois University. You can get in touch with Aj by emailing a.fabino@newsweek.com.
Languages: English, American Sign Language (ASL).
Coffee prices are spiking
Vietnam and Brazil's crop issues drive coffee prices to new highs, potentially impacting U.S. import costs and consumer prices.
Trump gets bad news about future of his own stock
DJT stock's fee for short selling plummeted, hinting at lower risk perceptions among investors as Trump grapples with legal challenges.
Banks starting to face "revolt" from customers: Finance expert
Customers are suing banks for not updating accounts to higher-yielding options, leading to financial losses.
More than 1 million cars stolen in the US
More than 1 million vehicles stolen in 2023 was the highest number since 2007, the National Insurance Crime Bureau said.
Migrants could get jobs easier under new bill
A new bill aims for legal status for farm workers, helping to stabilize U.S. agriculture.
People in Mississippi can't pay for their cars
Rising interest rates and economic strains have increased the number of auto loan delinquencies in Mississippi.
When will mortgage rates come down? New timeline for drop revealed
March consumer price index data pushes rate-cut expectations back to September, prolonging high mortgage rates.
California sees $181 million drained from people's accounts
Justice Department cracks down on a scheme stealing $181 million from EBT accounts of vulnerable Californians.
Donald Trump's legal problems get worse as Truth Social struggles
Truth Social founders contest a six-month share sale ban, claiming retaliation by Trump amidst broader legal challenges.
California city sees sudden change in home prices
Downtown San Francisco condos rebound sharply, hitting near $1 million after a low last year, signaling a market recovery.
California homebuyers see huge price difference on house types
Los Angeles fixer-uppers save buyers up to $690,000 after renovation, highlighting potential benefits despite high input costs.
Joe Biden's latest student loan relief could hurt first-time homebuyers
A report warns Biden's debt relief plan could make homes costlier for first-time buyers, reinforcing an already tight housing market.
Donald Trump's post may have just broken the law
Despite Trump's optimistic portrayals of Truth Social's finances, the platform's stocks have plummeted.
Have drug prices dropped as much as Joe Biden claims?
Most Medicare users paid less than $400 for insulin before the price cap.
Social security benefits to change for people in one state under new bill
Missouri's new law, backed by Rep. Kelly and Sen. Rehder, protects foster children's Social Security benefits for future needs.
Squatter given $88,000 of taxpayer money
Washington's Housing Justice Project is facing scrutiny over the use of $16 million in taxpayer funds to support squatters.
Medicare update issued as seniors warned about Advantage benefits
Centers for Medicare & Medicaid Services set new rules to ensure unbiased Medicare plan choices and expand behavioral health access.
Housing market stung by latest mortgage rate update
Kashkari's Fed insights hint at prolonged high mortgage rates, casting a shadow over homebuyers' hopes for relief.
Trump tower owners are dropping prices
Amid New York City's shifting real estate landscape, Trump Tower's price cuts highlight a broader market adjustment.
Seniors at risk of losing care as Medicare fights with hospital
A North Carolina hospital is in danger of losing Medicare and Medicaid funding is it does not correct a number of standards violations.
Texas sees surge in job losses as Greg Abbott brags about economy
Amid Abbott's economic praise, Texas faces rising layoffs, with 2,274 new jobless claims challenging the state's growth narrative.
How much has NATO cost the US over the past 75 years?
In 2023, the U.S. led NATO funding with $860 billion, or 3.49 percent of its GDP. Poland topped alliance funding by percentage.
New Medicare Advantage cuts threaten seniors' benefits
Medicare Advantage faces a cut, raising concerns about reduced benefits for over half of Medicare's enrollees.
Gen Z are paying differently
Digital wallet use by Gen Z leads to 31 percent higher spending compared to non-users, showing a major shift in consumer behavior.
Mary Trump raises alarms about Truth Social 'scam'
The former president's outspoken niece shares how she thinks Truth Social could skirt FEC rules, enabling potential foreign financial support for Trump.
Letitia James gets bad news about Trump property she wants
Trump's 40 Wall Street value drop complicates AG James' seizure plans, with bankruptcy looming as Trump's potential way out.
Trump golf resort triples in value
The value of Trump's Doral golf resort in Miami skyrocketed to $149 million, marking an upturn amid his legal challenges.
Thousands remain homeless 8 months after Maui fire
Governor Josh Green's plan reveals a path to recovery for Maui, focusing on housing solutions and infrastructure rebuilds.
Cocoa prices hit historic milestone
And prices will keep rising through the end of the year, experts say.
Donald Trump's stock is already losing steam
Amid market reevaluation, TMTG confronts a revenue deficit next to a dwindling stock, signaling challenges ahead.
