Web Stories Tuesday, November 10
Housing expert blasts ‘absurd’ California red tape keeping affordable homes out of reach

California’s push to make housing more affordable is facing a familiar obstacle: getting new homes built, even as state laws seek to encourage development. Macro Trends Advisors founding partner Mitch Roschelle told FOX Business’ Stuart Varney on “Varney & Co.” about the bureaucratic hurdles facing California builders and how the state’s approach compares with Florida’s. Roschelle said he had invested in a company working to build affordable housing in Los Angeles. The project sought to…

United States

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Politics

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Business

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Consumer inflation rises faster than expected in October, CPI report shows

Inflation accelerated in October as the pace of consumer price growth trended higher. The Bureau of Labor Statistics (BLS) said on Wednesday that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – increased 0.4% on a monthly basis. It did…

Lifestyle

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