Business

Builders’ blueprint to tackle the US housing crisis

Home prices are still climbing, even as mortgage rates have eased slightly and inventory shows early signs of improvement, underscoring just how tight the U.S. housing market remains. The median sales price for all existing homes last month hovered just below $400,000, marking the 32nd consecutive month of year-over-year price…

US economic growth revised lower in fourth quarter

This is a developing story about the second reading of fourth-quarter gross domestic product growth. Please check back for updates. The U.S. economy grew at a slower rate than previously thought in the fourth quarter after the Commerce Department released its first revision of real gross domestic product (GDP) growth for…

Expert says Iran drone attack on California coast would be ‘very easy’ to stop

American officials are on heightened alert after federal authorities warned that Iran could attempt to launch drones toward the California coast, raising concerns about how easily low-cost unmanned aircraft could threaten U.S. cities. Red Cat CEO Jeff Thompson joined FOX Business’ Maria Bartiromo on “Mornings with Maria” to discuss how…