All posts tagged: Crater

Housing Starts Surge To Highest Since 2024 As Permits Unexpectedly Crater

Housing Starts Surge To Highest Since 2024 As Permits Unexpectedly Crater

Published by Jenni Sidey

With mortgage rates still relatively low, despite a recent jump in interest rates, and a top-down push for affordability, Housing Starts for March soared while the more forward-looking Building Permits disappointed, unexpectedly plunged. Housing starts soared 10.8% MoM in March (far more than the -0.4% expected drop) while Permits plunged 10.8% MoM (and worse than the -0.4% decline expected)… This pushed the SAAR totals for Starts to 1.502 million, far above the 1.390 million expected, and the highest since Dec 2024, but Building Permits fell to their lowest since Aug 2025 Under the hood, Single-Family Starts jumped 9.7%, the most since Feb 2025, and Multi-Family Starts soared 9.6% MoM, while Permits did a mirror image, plunging 23.5% MoM (biggest drop since June 2023) and Single-Family permits plunged 3.8% The lowest mortgage rate since Aug 2022 (aside for the modest Iran war jump) likely helped spark homebuilder appetite to start building, even if it did precisely the reverse with permits.  Overall, the report was a mixed bag overall, and tough to project given the impact of …

NBA Star Devon Booker Finds Wisdom at James Turrell’s Roden Crater

NBA Star Devon Booker Finds Wisdom at James Turrell’s Roden Crater

Published by José Betancourt

Devon Booker, a five-time All Star guard for the NBA’s Phoenix Suns, has visited James Turrell’s fabled Roden Crater three times—and even struck up something of a friendship with an artist who called him an “amazing person … taking it to another level, and that’s what all artists try to do.” As reported in a lengthy profile in The Athletic, the sports section of the New York Times, Booker first traveled to Roden Crater in 2020, when he was first rapt by an artwork in a dormant volcano that Turrell has been toiling away at for more than 50 years. Booker has also been talking about an imminent visit with teammate Steph Curry (“who recently purchased a piece by Turrell”), and even designed a basketball shoe for Nike that Turrell took a liking to. Related Articles “My hair is sticking up on my arm just remembering every time I’ve been there,” Booker told The Athletic about Roden Crater. “I don’t know if you’ve ever felt like you were going to a different dimension, but it’s …

NASA Artemis II crew propose naming moon crater after astronaut Reid Wiseman’s late wife

NASA Artemis II crew propose naming moon crater after astronaut Reid Wiseman’s late wife

Published by Sam Flores

The crew of NASA’s historic Artemis II mission memorialized the late wife of one of its astronauts by proposing to name a crater on the moon after her, an emotional moment captured on NASA’s livestream. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Canadian astronaut Jeremy Hansen radioed to mission control Monday that the crew wanted to “honor their mission by naming two craters on the moon.” One of the craters was dedicated to the wife of Artemis II commander Reid Wiseman, Carroll Wiseman, who died of cancer in 2020 at 46. “We lost a loved one, her name was Carroll, the spouse of Reid, the mother of Katey and Ellie,” Hansen said. He described the crater as “a bright spot on the moon.” “We would like to call it Carroll,” Hansen said. NASA astronaut Reid Wiseman with his late wife, Carroll Taylor Wiseman; craters on the moon as seen from the Orion spacecraft Monday. Wiseman family via NASA; NASA After Hansen read the emotional tribute, the group …

Artemis II Crew Asks To Name Moon Crater After Astronaut’s Late Wife

Artemis II Crew Asks To Name Moon Crater After Astronaut’s Late Wife

Published by Sam Flores

The Artemis II crew honoured NASA commander Reid Wiseman’s late wife, Carroll Wiseman, in an emotional tribute on Monday. Wiseman, one of four astronauts on the Artemis II mission, lost Carroll, a 46-year-old paediatric nurse practitioner, to cancer in 2020. Carroll was survived by Reid and their two daughters, Ellie and Katherine, according to an obituary in The Virginian-Pilot. In remarks to mission control, the crew announced that they would like to name an unnamed crater on the moon for Carroll. “There’s a feature in a really neat place on the moon, and it is on the near side, far side, boundary. In fact, it’s just on the near side of that boundary, and so at certain times of the moon’s transit around Earth, we will be able to see this from Earth,” CSA astronaut Jeremy Hansen said, his voice breaking at times. “We lost a loved one, her name was Carroll, the spouse of Reid, the mother of Katie and Ellie. And if you want to find this one, you look at Glushko, and …

New Hyundai EV spotted that looks like the Crater SUV Concept

New Hyundai EV spotted that looks like the Crater SUV Concept

Published by skeptic

Is Hyundai bringing the Crater Concept to life? A covered electric SUV was spotted in the wild, which could give us our first clue. The Hyundai Crater EV SUV concept is not just for show The Crater Concept stole the show after Hyundai took the sheets off the rugged, futuristic-looking electric SUV at the LA Auto Show in November. Although it’s just a concept, Hyundai said the off-road SUV showcased “the next evolution” of its Extreme Rugged Terrain (XRT) vehicles. Hyundai vehicles with the XRT badge are currently a more capable trim option with added off-road elements, but that won’t be the case for much longer. Advertisement – scroll for more content On the sidelines of the LA Auto Show, Hyundai North America’s senior vp of planning and mobility strategy, Olabisi Boyle, told The Drive that in the future, XRT is “not gonna be a trim. It’s going to be capability.” In other words, XRT will become its own sub-brand under Hyundai. Boyle said that Hyundai is “going to be truly capable vehicles, adding, “I …

Logistics Stocks Crater As “AI Scare Trade” Crushes Sector, Slams Broader Market

Logistics Stocks Crater As “AI Scare Trade” Crushes Sector, Slams Broader Market

Published by Jenni Sidey

First it was SaaS (in particular, and Software in general), then Private Credit, then Insurance Brokers, then it was Financials/Broker/Wealth Managers that were hammered on Tuesday, then Real Estate Service stocks tumbled yesterday, and today it is the turn of Logistics stocks to plunge as investors followed the bouncing AI disruption ball and freaked out over the sector’s vulnerability to the newest crop of artificial intelligence applications and tools that can disrupt countless industries. As the brutal “AI Scare Trade” bouncing ball hits yet another sector, we have seen a painful selloff among big trucking stocks such as DSV and Kuehne and Nagel, both of which are down double digits. The selling is attributed to a 9:15am ET press release from Algorhythm Holdings – a “leading AI technology company” – which announced that its “SemiCab platform in live customer deployments is enabling its customers’ internal operations to scale freight volumes by 300% to 400% without a corresponding increase in operational headcount.” These results, detailed in SemiCab’s recently published industry white paper, demonstrate how the company’s AI-driven Collaborative Transportation …

Job Openings Plunge Below Lowest Estimate As Gov’t Openings Crater; Hiring Plummets

Job Openings Plunge Below Lowest Estimate As Gov’t Openings Crater; Hiring Plummets

Published by Jenni Sidey

While today’s ADP report was a solid rebound from the worst monthly report in years (even if it missed expectations due to a sudden plunge in California payrolls), the same could not be said for the JOLTS job opening report that followed less than two hours later, and which was another epic disaster: for the month of November (recall JOLTS lags the payrolls report by a month), the US had only 7.146 million job openings, a huge drop from the 7.670 million in October (which was conveniently revised lower to 7.449 million) and the lowest since September 2024. The November print was also a 3+ sigma miss to expectations and came in below the lowest estimate (that of TD Securities). According to the BLS, the number of job openings decreased in accommodation and food services (-148,000); transportation, warehousing, and utilities (-108,000); and wholesale trade (-63,000). Job openings increased in construction (+90,000). But the most notable drop by far, was that in government, where the number of workers collapsed to the lowest level since early 2021. Meanwhile, after …