DETROIT—Honda expects its factories to make more vehicles this year despite a computer chip shortage and supply chain troubles. But because it’s starting the year with so few vehicles at dealers, the company expects U.S. sales to fall below last year’s numbers. The company expects U.S. new vehicle prices to ease a bit from the…
US Pending Home Sales Increase to Highest Reading for May Since 2005
Contracts to purchase previously owned U.S. homes rose strongly in May to the highest level for that month since 2005. The National Association of Realtors (NAR) said on Wednesday its Pending Home Sales Index, based on contracts signed last month, rose 8.0 percent to 114.7. Economists polled by Reuters had forecast pending home sales would…
‘Blood Supermoon’ and Full Lunar Eclipse to Converge on May 26—Here’s What You Need to Know:
This month of May will see some extraordinary lunar activity in the night sky—for not only will it herald the biggest, brightest supermoon of the year, but also the spectacle of a full lunar eclipse, simultaneously. May’s full moon, called the Blood Moon or Flower Moon, will appear largest on May 26, and will actually take…
China Expected to Release Results of Once-in-a-Decade Census on May 11
BEIJING—China is expected to release the results of its once-in-a-decade census conducted late last year on May 11, according to a notice from the State Council Information Office. Officials from the census and statistics bureaus will brief the media on the census results on May 11, the State Council Information Office said in a notice…
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