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California may only produce 250 million pounds of avocados in 2014, compared to 15 million pounds last year. CNBC's Jane Wells reports this has nothing to do with the drought.
"I think there's nothing but room for expansion," says Jeff Miller, who runs Diamond Mountain Ranch in California.
The West's drought has been bad enough. Now California and other Western states face a possibly devastating fire season.
The Obama administration made it easier on Friday for banks to do business with licensed marijuana companies with less fear of prosecution, further encouraging U.S. states that are experimenting with legalization of the drug.
The economic outlook in California, where farmers have been dealing with an epic drought, may not be as barren as the land.
CNBC's Jane Wells reports Miami, Los Angeles and San Diego are among the hot searches for vacation destinations. Also, President Obama will visit California to announce aid to the challenges facing farmers.
California's seemingly healthy finances are just a mirage tied to the stock market, GOP gubernatorial hopeful Neel Kashkari says.
Almost every water crisis in the Golden State brings up desalination. But using the Pacific to provide drinkable water comes with risks.
One man's drought is another man's opportunity. Some firms could actually benefit from California's water problems.
The place where the Right Stuff was born is now the home of the new private space industry.
CNBC's Jane Wells reports how the irrigation industry is being affected by California's record drought.
Berkshire Hathaway HomeServices' Greg Bender provides insight on the real estate market in Los Angeles, California. This week's "power house" is listed for $1,625,000.
CNBC's Jane Wells reports on the drought's economic costs.
CNBC's Diana Olick digs into whether there are higher home prices in tech hubs than in other areas.
Frank Gaffney, President of Center for Security Policy, provides insight on the vulnerable American electric grid, and homeland security's role protecting them.
CNBC's Jon Fortt provides insight on a sniper attack on a California power station.
Drought-stricken California farmers are expected to idle 500,000 acres of cropland in a record production loss that could cost billions.
CNBC's Jane Wells reports farmers in California can now apply for $20 million in federal aid.
Pimco rose 1.35 percent in January after posting its worst annual loss since 1994 last year, preliminary data from Morningstar showed on Monday.
"Ride Along," a buddy cop comedy starring Kevin Hart and Ice Cube, raced to the top of the weekend box office charts for the second week in a row, collecting $21.2 million in ticket sales.