Alena Botros

Alena Botros is a reporter at Fortune who covers the economy. She previously worked as a breaking news reporter at CNBC, where she covered everything from Wall Street to the White House. Alena has also written for TheStreet and Business Insider. She graduated from New York University with a degree in journalism and economics.

Biography:  https://fortune.com/author/alena-botros/

84%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

90%

Examples:

  • . . . Silicon Valley billionaire and venture capitalist, Vinod Khosla, sort of agreed. “Agree but if, and only if, we provide them an alternative location to sleep.” . .

Conflicts of Interest

95%

Examples:

  • . . . Silicon Valley billionaire and venture capitalist, Vinod Khosla, sort of agreed. “Agree but if, and only if, we provide them an alternative location to sleep.” . .

Contradictions

86%

Examples:

  • California had more than 180,000 people experiencing homelessness in January last year.
  • Home prices rose 6.5% in March compared to a year earlier

Deceptions

66%

Examples:

  • Newsom’s office touts that it’s dedicated $24 billion to addressing the housing crisis and Helped lift more than 165,000 people out of homelessness and into interim or permanent housing.

Recent Articles

California Governor's Homelessness Executive Order Sparks Controversy: Balancing Clearing Encampments and Providing Alternatives

California Governor's Homelessness Executive Order Sparks Controversy: Balancing Clearing Encampments and Providing Alternatives

Broke On: Thursday, 25 July 2024 California Governor Gavin Newsom's executive order to clear homeless encampments on state land sparks controversy, with critics arguing it goes against constitutional rights and lacks alternative accommodations. The housing crisis in California contributes to the largest homeless population in the nation, with over 180,000 individuals. Local leaders like Mayor London Breed of San Francisco are taking action to clear encampments and provide housing solutions.
New Low: 30-Year Fixed Mortgage Rates Drop to Mid-March Level Amid Housing Market Struggles

New Low: 30-Year Fixed Mortgage Rates Drop to Mid-March Level Amid Housing Market Struggles

Broke On: Thursday, 18 July 2024 Mortgage rates hit a new low in the U.S., dropping to their lowest level since March, according to Freddie Mac. This decline comes as the housing market continues to struggle with record-low sales and inventory issues due to previous rate increases from the Federal Reserve. Homeowners are reluctant to sell due to locked-in lower rates, but even with declining mortgage rates, purchase application demand remains low as buyers wait for further drops.
U.S. Housing Market: Sales Decline, Mortgage Rates Remain High, and Prices Drop in Florida and Texas

U.S. Housing Market: Sales Decline, Mortgage Rates Remain High, and Prices Drop in Florida and Texas

Broke On: Thursday, 04 July 2024 The U.S. housing market is experiencing a significant downturn with declining sales of existing and new homes, high mortgage rates, and record-high home prices locking many buyers out of the market. This trend is expected to continue, potentially leading to a prolonged period of economic stagnation for the housing sector. Existing home sales dipped 0.7% in May from a month earlier and 2.8% from the prior year, while new home sales plummeted 11.3%. Florida and Texas have seen major sell-offs and price drops due to increased inventory, with record numbers of homes for sale in both states.
Housing Market Shifts: Median Home Prices Decline, Sellers Adjust to Falling Demand and Rising Mortgage Rates

Housing Market Shifts: Median Home Prices Decline, Sellers Adjust to Falling Demand and Rising Mortgage Rates

Broke On: Thursday, 30 May 2024 In May 2023, the US housing market saw a shift with median asking prices declining for the first time in six months due to falling demand and rising mortgage rates. Sellers responded by reducing prices on 6.4% of listings, causing inventory to rise to a median of 46 days. Despite this trend, competition remains fierce for well-priced listings, while overpricing leads to delistings and price drops.
The Baby Boomer Housing Market Challenge: A Potential Silver Tsunami and Its Implications for First Time Buyers and Younger Generations

The Baby Boomer Housing Market Challenge: A Potential Silver Tsunami and Its Implications for First Time Buyers and Younger Generations

Broke On: Wednesday, 31 January 2024 The US housing market is facing a significant challenge with the aging of baby boomers. By 2040, the population of 80-plus-year-olds will more than double and this could lead to an influx of available homes on the market as many boomers start aging out of their homes due to various reasons such as death or downsizing. This potential silver tsunami could lower home prices and create opportunities for first time buyers, but it also poses a threat to younger generations who are struggling with affordability in the current housing market.