Page 2 - Inventory Problem News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> attacks represent a direct threat to international commerce and freedom of navigation. houthis are pulling the trigger, iran is providing the guns. >> john: that was nsc communications coordinator john kirby moments ago saying it is iran who was arming the houthi rebels, the same houthi rebels shooting drones towards navy ships. >> sandra: just yesterday, forced to shoot down another houthi drone in the red sea. united states has yet to take real direct retaliatory military action toward the houthis. awaiting a briefing from the pentagon and bring you the latest as we get it. >> j...

Almost 11% in the span of one month seems like a big drop. >> and i think for a few of the reasons you pointed out, which is that mortgage rates are 7% on average and some higher than that. so the cost of borrowing continues to go up and the cost of homes continues to go up. and so the median price of a new home came in at $470,600 for the month of september compared to $436,800 in august. so still seeing the price of a home go up. >> that is in-credit possible. so out of reach for so many people. >> and especially with rates going up and it really says a lot about the inventory problem which ...

Got rid of them altogether. so that gives you the ability if you are a frequent flyer of one airline to buy a come of tickets on the 8:00 flight, the 9:00 flight, the 10:00 flight, cancel the ones you don't need and use that credit -- neil: but time's wasting, right? >> yeah. usually you have one year to use that credit, but you're also taking then two seats out of inventory for someone who might be further delayed that needs that seat, so now you're just creating an inventory problem where the airline doesn't know if you're planning to show up or not. neil: you're a big deal k and you're deal...

>> reporter: staff at this new york city toy store had no idea they would be getting this delivery of books and toys today or that all of the order would be in complete. >> we're placing orders every day, constantly, as many as we can think of. one of my bigger companies, i ordered a huge order in february and it just shipped a couple of weeks ago. so it's so hard to determine when and if things are going to come. >> reporter: the enticing displays here mask an unprecedented inventory problem. many items running out. >> i have three of these. there's no more downstairs. i have three of these. ...

And. >> they are involved. >> schools, fire departments, local government when houses go under, you can't have it. >> the government controls the entire mortgage market. we own fannie mae and freddie mac, now, we're venturing out to control more of it. >> right. >> it makes zero cents. >> got to take full control, guys. listen, you want to penalize something, go after the home owners for building up the inventories, when they're doing it and going into consumer sentiment numbers and giving false reading. >> fuelly not enough inventory right now to meet demands, but anyway, ben, final word. >> ...