Foreclosures spike as banks lower the boom on homeowners
Illinois lifted its pandemic-era foreclosure ban in 2021. "Now lenders are catching up," one expert said.
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.
Illinois lifted its pandemic-era foreclosure ban in 2021. "Now lenders are catching up," one expert said.
Shopping for an electric car? New federal guidance spells out which vehicles are eligible for a hefty tax break.
The Nissan Leaf and Volvo S60 join a longer list of EVs that have been kicked off the U.S. Treasury Department's list.
Wedding dress retailer cites "post-COVID environment and uncertain economic conditions," saying it's looking for a buyer.
Some teenagers are already on Horizon Worlds and have been subject to racist content, children's rights advocates say.
The lawsuit alleges American Tactical sells high-capacity magazines despite knowing they're used for mass killings.
The deadliest blaze for cows since at least 2013 could cost the dairy farm tens of millions, by one estimate.
Commanders owner Dan Synder approved the deal, but it isn't official until other NFL owners vote on the transaction.
Department stores will be at high risk while home improvement shops should fare much better, analysts at UBS said.
The outposts have never been profitable, the retailer said, and collectively lose tens of millions of dollars each year.
On average, a behavioral therapist earns $50,000, while a C++ developer earns $120,000.
If you have yet to file your taxes and are looking to lower your bill, check out these three areas for potential write-offs.
Refunds will go to fans who paid security deposits for season tickets and never saw the money returned.
Regulators say recalled breathing devices that Philips Respironics moved to repair could still "deliver inaccurate or insufficient therapy"
In some SUVs, road salt can cause corrosion and make suspension parts detach, resulting in drivers losing control.