03:05 PM EDT, 03/26/2024 (MT Newswires) -- US home prices rose in January sequentially and annually amid gains in both the 10- and 20-city composites, S&P Global (SPGI) division S&P Dow Jones Indices said Tuesday. Nationally, the S&P CoreLogic Case-Shiller Index increased 0.4% in January after seasonal adjustment, following a 0.2% gain the previous month. The 10- and 20-city composites...

02:00 PM EDT, 03/26/2024 (MT Newswires) -- A container ship crashed into a key Baltimore bridge early Tuesday, prompting Maryland Governor Wes Moore to declare a state of emergency and authorities to suspend vessel traffic into and out of the Port of Baltimore. The ship named Dali collided with one of the pillars of the Francis Scott Key Bridge at...

03:44 PM EDT, 03/26/2024 (MT Newswires) -- Manufacturing activity in the Mid-Atlantic unexpectedly slowed this month as orders fell deeper into contraction and shipments remained subdued, the Federal Reserve Bank of Richmond said Tuesday. The composite index came in at negative 11 in March, widening from negative 5 in February. The consensus was for a sequentially flat reading of negative...

Amid an environment of tight inventory and stubbornly high mortgage rates, housing prices in the U.S. are on the rise -- again. S&P CoreLogic's latest Case-Shiller U.S. National Home Price NSA Index, released March 26, 2024, reports that annual home-price growth increased in January 2024 by 6 percent. That's up from a 5.6 percent gain in December 2023 and the...