Mortgage rates drop again, but housing market remains stalled

FOX Business' Larry Kudlow reacts to the revised jobs report and its impact on the U.S. economy on “The Big Money Show.” Mortgage rates fell again this week but are still too high to spark any big moves in the housing market as the housing affordability crisis persists. Freddie Mac's latest primary mortgage market survey […]

NYC developer sues city for $50M over stalled East Side riverfront project

The Adams administration’s botched plan to build a seawall along the shoreline of the East River cost the city a valuable and much-needed life sciences facility and cost a potential developer at least $50 million, a stunning lawsuit alleges. New York Stock Exchange-listed real estate developer Alexandria Real Estate Equities (ARE) alleges in a lawsuit […]

Microsoft reveals cyberattack triggered Azure outage that stalled emails, crashed Starbucks app

Tuesday’s global outage of Microsoft Azure, which affected a wide range of consumer services from reports of Outlook email delays to problems ordering on Starbucks’ mobile app, was caused by a distributed denial-of-service (DoS) cyberattack, the company said. Microsoft Azure is a cloud computing platform used by businesses and organizations around the world. Status Updates […]