Redfin lays off 862 employees as housing market cools
Real estate companies are cutting workers as the housing market slows from its torrid pace earlier this year.
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.
Real estate companies are cutting workers as the housing market slows from its torrid pace earlier this year.
Ramon Abbas, a.k.a Ray Hushpuppi, must also pay back $1.7 million as part of his sentence.
Statistically, a Powerball player is much more likely to be attacked by a grizzly bear at Yellowstone National Park.
The number of reported attacks grew to 1,489 in 2021, a 188% increase from 2020, a federal agency said.
E-commerce giant shouldn't promote "hate-filled propaganda and misinformation," group says.
It's taking potential homebuyers longer to save because home prices are much higher, NAR data suggests.
Ye tweeted a picture of Kyrie Irving, the NBA player under criticism for social media posts about antisemitism.
Statistically, a Powerball player is much more likely to be attacked by a grizzly bear at Yellowstone National Park.
Google searches for "good excuses to miss work" have skyrocketed in the last five years, a new report found.
Mastodon gained 10,801 new accounts the day after Musk took over Twitter, according to the Washington Post.
Furniture store owner Jim McIngvale promises to pass any winnings on to customers who buy $3,000 worth of mattresses.
Norma Thornton has been feeding Bullhead City's homeless since 2018 but was arrested for doing so last March, lawsuit states.
Although it's a daunting time to buy a house, the financial bar is lower in some metro areas around the country.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Cannabis company's products are much less potent than advertised, two California residents alleged.