WeWork, a premiere coworking site provider, has burned through more than $10 billion of its backers’ money since 2020 without turning a profit, slammed first by the COVID lockdown and now by ever-rising interest rates and massive layoffs of tech workers, WeWork’s chief source of tenants.
A battle is taking shape in the U.S. between office property owners and the cities where those buildings stand.
As interest rates rise and consumer spending shrinks, COVID-era federal rescue loans are coming due for thousands of small businesses.
November’s U.S. retail sales slipped 0.6 percent from October, double the 0.3-percent drop predicted by Dow Jones.
Once upon a time, we used indisputable facts and hard data as fundamentals to forecast the current events forming future trends.
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