WeWork — once one of the world's hottest startups — declares bankruptcy
WeWork sought to transform the office space industry. Now the company is seeking Chapter 11 bankruptcy protection.
Khristopher J. Brooks writes about business, economic and financial topics for CBS News and CBS MoneyWatch. His reporting primarily focuses on the U.S. housing market, the business of sports and bankruptcy. Brooks' journalism career started in 2006 as a business and education reporter for the Bristol (Va.) Herald Courier. Before coming to CBS MoneyWatch, Brooks covered startups and entrepreneurship for the Rochester Democrat & Chronicle and local government for Newsday. He holds a bachelor's degree in journalism from Central Michigan University and a master's degree in literary reportage from New York University.
WeWork sought to transform the office space industry. Now the company is seeking Chapter 11 bankruptcy protection.
Many homeowners are struggling to keep up with their mortgage payments amid rising costs and high inflation. Here's how to catch up.
Deciding on an adjustable-rate mortgage boils down to how long you plan to own a property and if your income is stable.
Families spend an average of more $700 a month on child care, with costs surging 32% since 2019, a new analysis finds.
Labor experts said the UAW's hardball tactics, including a historic six-week strike, paid off. Here's what autoworkers are getting.
UAW President Shawn Fain hails "groundbreaking" agreement with GM and says union is suspending its strike with the Detroit automakers.
With mortgage rates topping 8%, some home buyers are hoping to see some relief with the Federal Reserve's next decision.
The pact with Stellantis comes just days after the UAW struck a similar deal with Ford, leaving only GM without an agreement.
The pressure is now on General Motors and Stellantis to reach similar deals, labor experts said.
Homeowners spent a median $22,000 on renovations last year, a sharp increase from the $14,000 spent in 2018.
More drivers are falling behind on their car loans as they grapple with rising vehicle ownership costs and a financial hangover from the pandemic.
With the tentative deal reached with Ford, the UAW will now be able to use it to model similar contract settlements with GM and Stellantis.
Arlington Assembly in Texas is where GM workers produce the Chevrolet Tahoe, GMC Yukon and the Cadillac Escalade.
A rising number of couples are using their wedding registry to ask for down payment donations, according to The Knot.
Stellantis workers walked off the job at Sterling Heights Assembly, the company's largest and most profitable plant.