Home prices in February rose at the fastest clip since Nov. 2022, according to national home price data released Tuesday. Prices nationwide rose 6.4% over the same month last year, the S&P CoreLogic Case-Shiller Home Price Index showed. “Following last year’s decline, U.S. home prices are at or near all-time highs,” Brian Luke, head of […]
Tag: 5month
US futures hit pause before Fed, Amazon earnings as 5-month win streak set to end
US stocks hit pause on Tuesday as investors marked time ahead of the Federal Reserve’s rate decision, with earnings from Amazon (AMZN) on deck to test prospects for a further Big Tech-fueled rally. Futures on the S&P 500 (^GSPC) and the tech-heavy Nasdaq 100 (^NDX) slipped roughly 0.1% after closing with small gains. Dow Jones […]
Inside NASA’s 5-month fight to save the Voyager 1 mission in interstellar space
After working for five months to re-establish communication with the farthest-flung human-made object in existence, NASA announced this week that the Voyager 1 probe had finally phoned home. For the engineers and scientists who work on NASA’s longest-operating mission in space, it was a moment of joy and intense relief. “That Saturday morning, we all […]
Bitcoin Drops Over 5% as Upbeat U.S. Factory Data Powers Dollar Index to Nearly 5-Month High
Bitcoin fell below $66,500 during the Asian hours as the dollar index rose above 105.00 for the first time since mid-November. Data released on Monday shows that U.S. manufacturing activity unexpectedly picked up the pace in March. June Fed rate cut probability dipped below 50% after the manufacturing data. Bitcoin {{BTC}} faced selling pressure during […]
China’s manufacturing activity expands in March after a 5-month lull
BEIJING (AP) — Manufacturing in China expanded in March after contracting for five consecutive months, according to an official survey of factory managers released Sunday, suggesting a rebound in industrial activities following the Lunar New Year holiday. The official purchasing managers index, or PMI, rose from 49.1 in February to 50.8 in March. The PMI […]