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☆ NASA’s Lucy mission will closely fly by the asteroid Dinkinesh
▼ + stars: | 2023-11-01 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —The NASA Lucy mission is about to have its first encounter with a space rock. The spacecraft, launched in October 2021, will fly by the small asteroid Dinkinesh on Wednesday. Dinkinesh is about half a mile (1 kilometer) wide and is situated in the main asteroid belt between the orbits of Mars and Jupiter. Each of the asteroids Lucy will fly by differ in size and color. These are some of the asteroids that the Lucy mission will fly by over the next 12 years.

Persons: NASA Lucy, Lucy, ”, Hal Levison, Dinkinesh, REx — Lucy, Mark Effertz, Amy Mainzer, — Organizations: CNN, NASA, Lincoln, Asteroid Research, US Air Force, Massachusetts Institute of Technology, Southwest Research Institute, Dinkinesh, JPL, Caltech, Lockheed Martin, University of Arizona, Trojans Locations: LINEAR, San Antonio, Jupiter, Littleton , Colorado, Ethiopia

☆ NASA missions spy celestial features that resemble a ghostly hand and eerie face
▼ + stars: | 2023-10-31 | by ( Ashley Strickland | ) edition.cnn.com time to read: +3 min

CNN —The cosmos is full of mysteries waiting to be solved, and some of them appear especially eerie with the arrival of Halloween. A haunting “face” on Jupiter and a ghostly, skeletal hand-shaped nebula are just a couple of creepy celestial features recently spotted by NASA missions. Jupiter's swirling atmosphere appears to include a face in this image taken by JunoCam. The nebula, known as MSH 15-52, is located about 16,000 light-years from Earth. NASA’s Chandra X-ray Observatory observed the pulsar, known as PSR B1509-58, for the first time in 2001.

Persons: Vladimir Tarasov, Juno, Wilhelm Röntgen, Chandra, ’ ”, Roger Romani Organizations: CNN, NASA, JunoCam, JPL, Caltech, Astrophysical, Stanford University in Locations: —, Stanford University in California

☆ Apollo 17 astronauts collected rocks that reveal the moon’s true age
▼ + stars: | 2023-10-28 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

The moon’s gravitational pull is also the force behind ocean tides and partly why our planet has a 24-hour day. Geologist and astronaut Harrison Schmitt used an adjustable sampling scoop to retrieve lunar samples during the Apollo 17 mission in 1972. Zircon crystals formed as the moon cooled 4.46 billion years ago, and a new analysis traced them in the Apollo 17 samples. NASAAn ancient landscape has been discovered beneath the East Antarctic ice sheet, thanks to ice-penetrating radar. Understanding the hidden, well-preserved landscape could help scientists predict the evolution of the ice sheet and how it may fare as temperatures warm in the climate crisis.

Persons: Harrison Schmitt, Eugene Cernan, ”, Jennika Greer, Nick Gray, James Webb, Stewart Jamieson, Ashley Strickland, Katie Hunt Organizations: CNN, NASA, Apollo, University of Glasgow, JBA Consulting, Environment Agency Engineers, Environment, Durham University, CNN Space, Science Locations: Europe, Africa, Asia, Australia, England's Isle of Wight, Isle of Wight, Orkney Islands, Denman, East Antarctica, Belgium, North Wales, Iraq, Syria

☆ A mysterious rock orbiting Earth appears to be a chunk of the moon that was blasted away by a meteorite
▼ + stars: | 2023-10-27 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +4 min

A space rock with a peculiar orbit may be a floating piece of the moon. Scientists had thought moon rocks weren't able to stay in orbit after a meteorite blast. AdvertisementAdvertisementA chunk of the moon that may have broken away from the lunar surface millions of years ago appears to be orbiting our planet. NASAThe finding could change where we think potentially dangerous space rocks come fromScientists are constantly monitoring the skies for potentially dangerous space rocks — but they are very aware of their limitations. Space rocks like these also provide rare snapshots into the past of our solar system.

Persons: —, Paul Chodas, Jose Daniel Castro, Cisneros, Castro Cisneros Organizations: Service, University of Arizona, NASA, Jet Propulsion Laboratory, JPL, Caltech

☆ People on 4 continents can look up to see ‘a bite taken out of’ the moon this weekend
▼ + stars: | 2023-10-27 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +5 min

Surrounding the partial eclipse will be a penumbral eclipse that begins at 2:01 p.m. The full beaver moon begins to pass through the Earth's shadow during a total lunar eclipse in November in New York. A total lunar eclipse is more aligned than a partial lunar eclipse, with the moon moving completely into Earth’s shadow, while a partial lunar eclipse features the moon passing through only part of Earth’s shadow. The partial lunar eclipse on Saturday comes two weeks after an annular solar eclipse that made a “ring of fire” in the sky over the Americas. More celestial eventsThe next lunar eclipse will be a penumbral lunar eclipse that will be visible to stargazers in North America and will not occur until March 25, 2024.

Persons: EarthSky, Gary Hershorn, Dr, Shannon Schmoll, ” Schmoll, it’s, Schmoll, Leonids, Geminids, Ursids Organizations: CNN, Corbis, NASA, Michigan State University, “, Farmers Locations: Europe, Africa, Asia, Australia, North, South America, New York, Americas, North America

☆ Webb telescope spots never-before-seen jet stream in Jupiter’s atmosphere
▼ + stars: | 2023-10-24 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

The astronomers spied a high-speed jet stream in Jupiter’s lower stratosphere, an atmospheric layer about 25 miles (40 kilometers) above the clouds. “What we have always seen as blurred hazes in Jupiter’s atmosphere now appear as crisp features that we can track along with the planet’s fast rotation,” he said. Jet stream revelationsResearchers compared winds detected by Webb at high altitudes with those within the lower layers picked up by Hubble and tracked changes in wind speed. Both space observatories were necessary to detect the jet stream, as Webb spotted small cloud features and Hubble provided a look at the equatorial atmosphere, including storms not related to the jet. Future observations of Jupiter using the Webb telescope may uncover more insights into the jet stream, such as whether its speed and altitude shift over time, as well as other surprises.

Persons: James Webb, Webb, ”, Ricardo Hueso, Cassini, Imke de Pater, Hubble, Michael Wong, “, Leigh Fletcher, — it’ll Organizations: CNN, James Webb Space, University of, Hubble, University of California, University of Leicester Locations: Basque, Bilbao, Spain, Berkeley, United Kingdom

☆ Florida is experiencing the 'biggest migration' in a generation. Here are 10 states locals are moving to.
▼ + stars: | 2023-10-24 | by ( Kelsey Neubauer | Noah Sheidlower | ) www.businessinsider.com time to read: +3 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Floridians moving to Georgia, Texas and North Carolina have the same impetus for leaving, Meyer Lucas said. AdvertisementAdvertisementThe typical cost of a home in Florida was $384,300 at the end of 2022. The typical cost of a home in Georgia was $340,000 and the typical cost of a home in North Carolina was $345,100, according to Redfin. For those relocating to Texas, Meyer Lucas observed that people aren't going to places like Dallas, Houston, or Austin.

Persons: —, Holly Meyer Lucas, Floridians, Meyer Lucas Organizations: Service, Sunshine State, Florida, Yorkers Locations: —, — Florida, Georgia, North Carolina, Texas, New York, California, Florida, Florida , Arizona, South Georgia, Georgia , Texas, Dallas, Houston, Austin

☆ James Webb Space Telescope discovers Jupiter has a jet stream whipping around the planet at 320 mph, twice as fast as Earth's fiercest hurricanes
▼ + stars: | 2023-10-24 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

NASA scientists were surprised to discover a high-speed jet stream near Jupiter's equator. Previous telescopes couldn't see Jupiter's atmosphere in such detail so they missed the fierce winds. AdvertisementAdvertisementNASA's James Webb Space Telescope has helped scientists discover that Jupiter has a thin jetstream whipping around the planet at 320 miles per hour — twice as fast as Earth's strongest hurricanes. The JWST's predecessor, Hubble, was not strong enough to clearly capture images of the hazier parts of Jupiter's atmosphere, NASA said in a press release detailing its findings. The JWST was only able to detect the jet stream when it looked at a particular band of infrared light, which revealed changes in atmospheric features at varying altitudes.

Persons: —, James Webb, Ricardo Hueso Organizations: NASA, Service, Telescope, Hubble

Investors arrive to the election looking at an economy in recession as a crippling drought hit the key agricultural sector. The gap to the official rate is above 150%. On the line is the survival of the country's $43 billion program with the International Monetary Fund and the possibility that Argentina defaults on its debt for a 10th time. "Dollarization would not cure the main issue in Argentina, which is a really large fiscal problem." "Debt does not need to be an immediate priority," said Khan, who doesn't expect dollarization to top the near-term list either.

Persons: Patricia Bullrich, Martin Cossarini, Javier Milei, Sergio Massa, Alejandro di Bernardo, Bernardo, Milei, Massa, Gabriel Rubinstein, Elijah Oliveros, Rosen, Zulfi Ali, Shamaila Khan, Khan, Hans Humes, Humes, Rodrigo Campos, Karin Strohecker, Susan Fenton Organizations: el Cambio, REUTERS, NEW, International Monetary Fund, Jupiter Asset, Bullrich, WE, JPMorgan, China, Institute of International Finance, IMF, America, PGIM, Oxford Economics, Reuters, Emerging Markets, Asia Pacific, UBS Asset Management, Massa, Greylock Capital Management, Thomson Locations: Buenos Aires, Argentina, Washington

☆ Quartz crystals detected swirling in atmosphere of exoplanet WASP-17b
▼ + stars: | 2023-10-17 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —Astronomers using the James Webb Space Telescope have for the first time detected tiny quartz crystals containing silica — a common mineral on Earth — within the atmosphere of a blazing hot exoplanet. An artist's concept depicts what the exoplanet WASP-17b could look like. What the quartz crystals reveal about WASP-17bWasp-17b takes 3.7 Earth days to complete one orbit around its star. Webb detected quartz crystals in the atmosphere of WASP-17b. While the clouds can drift around the planet, they likely vaporize on the hot day side, which could send the quartz particles swirling.

Persons: James Webb, Ralf Crawford, “, ”, David Grant, Hannah Wakeford, ” Grant, Wakeford Organizations: CNN —, NASA, ESA, CSA, University of Bristol, WASP, Minerals, “ WASP

☆ Floridians are looking to move to these 7 states
▼ + stars: | 2023-10-17 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +2 min

Many Floridians have been priced out and are eyeing a move to nearby states. Florida homeowners were happy to make the million-dollar profits selling to wealthy families from New York and California, Meyer Lucas said. But people now are taking these profits "out-of-state along with the people who are teachers, cops, and firefighters," Meyer Lucas said. Realtor.com data shows that Floridians are looking at homes in Georgia the most, as well as other surrounding Southern states. Below are the top seven states Floridians searched for homes between July and October, according to Realtor.com.

Persons: —, they're, Holly Meyer Lucas, Meyer Lucas, Floridians Organizations: Service Locations: Florida, —, New York, California, Carolinas, Alabama, Georgia, Southern, Texas

☆ Bargain hunters dig in to 'cheap' European banks
▼ + stars: | 2023-10-16 | by ( Naomi Rovnick | ) www.reuters.com time to read: +4 min

Just before earnings season kicks off, European bank shares are sporting a dividend yield of almost 8%, making them cheaper on this basis than during the 2008 global financial crisis. European banks, which struggled during 2014 to 2022 as the ECB kept rates below zero, have had a major boost from hiking their loan costs in line with central bank rates. Analyst forecasts collated by European asset manager Amundi show European banks are expected to grow adjusted earnings per share by 25% this year, followed by a 6% gain in 2024. Generali's Morganti said he has moved his position on European banks from negative to neutral and was likely to add more. He did not forecast quick gains for European banks ahead, however.

Persons: Guy de Blonay, Sebastiano Pirro, Roger Lee, Amundi, LSEG, Michele Morganti, Italy's Unicredit, Banks, Pirro, Generali's Morganti, Naomi Rovnick, Joice Alves, Dhara Ranasinghe, Hugh Lawson Organizations: Reuters Graphics Banks, Jupiter Asset Management, Algebris Investments, European Central Bank, Reuters, ECB, Bank, Generali Investments, Monetary Fund, Thomson

Mark Goddard, an actor best known for playing Major Don West in the 1960s television show “Lost in Space,” has died. Bill Mumy, who played Will Robinson on “Lost In Space,” wrote a tribute to his “beloved friend and brother” for 59 years on Facebook. Mumy said he spoke to Goddard on his birthday in July and realized he’d likely never see or speak to him again. I know he sometimes felt constricted by the campy frame that LIS constrained him within, but he also embraced and loved it,” Mumy wrote. Political Cartoons View All 1211 ImagesGoddard was born on July 24, 1936, Charles Harvey Goddard in Lowell, Massachusetts.

Persons: Mark Goddard, Major Don West, ”, John The, Bill Mumy, Will Robinson, Mumy, Goddard, he’d, “ Mark, ” Mumy, “, Jonathan Harris, Kevin Burns, Guy Williams, Robinson, Charles Harvey Goddard, Dick Powell, Joan Crawford, Johnny Ringo, Beverly Hillbillies, “ Perry Mason, Matt LeBlanc, Evelyn Pezzulich Organizations: Major, John The New York Times, Facebook, CBS, American Academy of Dramatic Arts, Woolworths, Beverly Locations: Hingham , Massachusetts, Lowell , Massachusetts, Hollywood, Massachusetts

CAPE CANAVERAL, Fla. (AP) — NASA’s Psyche spacecraft rocketed away Friday on a six-year journey to a rare metal-covered asteroid. SpaceX launched the spacecraft into an overcast midmorning sky from NASA’s Kennedy Space Center. Scientists envision spiky metal craters, huge metal cliffs and metal-encrusted eroded lava flows greenish-yellow from sulfur — “almost certain to be completely wrong,” according to Elkins-Tanton. Led by Arizona State University on NASA’s behalf, the $1.2 billion mission will use a roundabout route to get to the asteroid. So instead of arriving at the asteroid in 2026 as originally planned, the spacecraft won’t get there until 2029.

Persons: —, NASA’s, “, ”, Laurie Leshin, Jim Bell, Jules Verne, Lindy Elkins, it’s, speck, It's Organizations: SpaceX, NASA’s Kennedy Space Center, Jet Propulsion, NASA, Arizona State University, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: CAPE CANAVERAL, Fla, Arizona, Tanton, Elkins, Utah

☆ NASA is visiting an asteroid valued at more than the entire world economy's worth, but that's not why it's going there
▼ + stars: | 2023-10-13 | by ( Grace Eliza Goodwin | Jenny Mcgrath | ) www.businessinsider.com time to read: +3 min

NASA has announced a new mission to a metal-rich asteroid called 16 Psyche. AdvertisementAdvertisementNASA is visiting an asteroid in our solar system worth more than the entire world economy, but that's not why it's going there. Psyche, also known as 16 Psyche, was the 16th asteroid ever discovered, by an Italian astronomer named Annibale de Gasparis in 1852. Why NASA is visiting asteroid 16 PsychePsyche's origins are a bit of a mystery. Perhaps it's the remainder of another type of body that came from somewhere else in the solar system.

Persons: NASA isn't, —, Annibale de Gasparis, Space.com, Lindy Elkins Organizations: NASA, Service Locations: Italian, it's, Mars

☆ NASA probe heads for metal-rich asteroid worth $10 quintillion after launch on SpaceX rocket
▼ + stars: | 2023-10-13 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

NASA successfully launched a probe headed for an asteroid that may be worth $10 quintillion. The space agency successfully launched a probe Friday morning, carried by a SpaceX Falcon Heavy rocket. Altogether, estimates have valued 16 Psyche's ore at around $10 quintillion. Under the 2015 US Commercial Space Launch Competitiveness Act, private firms have a legal right to materials extracted from outer-world bodies, and startups have taken off as a result. AdvertisementAdvertisementMeanwhile, other high-value asteroids exist in the Main Asteroid Belt, which collectively could be valued at $700 quintillion.

Persons: — Organizations: NASA, Service, SpaceX, BBC Locations: Mars, India, US, China, Russia

☆ NASA launches spacecraft to explore metal-rich asteroid Psyche
▼ + stars: | 2023-10-13 | by ( Steve Gorman | ) www.reuters.com time to read: +5 min

The spacecraft, roughly the size of a small van, is due to reach the asteroid in August 2029. Asteroid Psyche measures roughly 173 miles (279 km) across at its widest point and resides on the outer fringes of the main asteroid belt between the planets Mars and Jupiter. After reaching the asteroid, the spacecraft would then orbit it for 26 months, scanning Psyche with instruments built to measure its gravity, magnetic proprieties and composition. 'OUTER SPACE TO EXPLORE INNER SPACE'[1/4]A SpaceX Falcon Heavy rocket lifts off carrying a NASA spacecraft to investigate the Psyche asteroid from the Kennedy Space Center in Cape Canaveral, Florida, U.S., October 13, 2023. It also marks the first dedicated NASA launch on a Falcon Heavy rocket furnished by Elon Musk's SpaceX company, and the first interplanetary mission flown by the Falcon Heavy.

Persons: Lindy Elkins, Tanton, Lucy, Steve Gorman, Will Dunham Organizations: NASA, SpaceX, NASA's Kennedy Space Center, Jet Propulsion Laboratory, JPL, Kennedy Space Center, Arizona State University, Elon Musk's SpaceX, Thomson Locations: Florida, NASA's, Cape Canaveral, Los Angeles, Cape Canaveral , Florida, U.S

☆ NASA launches a spacecraft to visit Psyche, an unseen metal world
▼ + stars: | 2023-10-13 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

The Psyche mission lifted off at 10:19 a.m. The Psyche mission lifted off Friday morning. “This will be our first time visiting a world that has a metal surface. The Psyche spacecraft will arrive at Mars in May 2026 and use the planet’s gravity to effectively slingshot its trajectory to Psyche. Psyche may have little metal spikes, spires and even tiny pieces that resemble a type of metal sand within the crater, said Elkins-Tanton.

Persons: NASA’s, Chandan Khanna, David Oh, ”, Lindy Elkins, Tanton, ” Elkins, “, Joe Skipper, Henry Stone, Oh, Elkins, Ben Weiss, Psyche, Weiss, It’s, “ It’s Organizations: CNN, NASA, SpaceX, NASA’s Kennedy Space Center, Falcon, Getty, Jet Propulsion Laboratory, Arizona State University’s School of Earth, Exploration, JPL, Caltech, ASU Scientists, Hubble, Reuters, Cape Canaveral Space Force, Mars, Optical Communications, Massachusetts Institute of Technology Locations: Florida, Pasadena , California, Massachusetts, Cape Cod, California, Elkins, Tanton

☆ How ancient footprints rewrote a chapter of early human history
▼ + stars: | 2023-10-07 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

And for scientists, preserved footprints can lead to unexpected journeys into the past that rewrite history. National Park ServiceWhen the discovery of 61 fossilized human footprints found in New Mexico’s White Sands National Park was first announced in 2021, the ancient find changed the timeline of early humans living in the Americas. That’s why the footprints represent such a crucial missing chapter in human history. Across the universePlanetlike objects were spotted in a new image of the Orion Nebula taken by the James Webb Space Telescope. NASA/ESA/CSAAstronomers used the James Webb Space Telescope to peer inside the glowing Orion Nebula and found something completely unexpected: pairs of planetlike objects.

Persons: we’ve, Trailblazers, Katalin Karikó, Drew Weissman’s, James Webb, ”, Samuel G, Pearson, Webb, Edward Marshall, Christopher Columbus, —, Ashley Strickland, Katie Hunt Organizations: CNN, Park Service, Sands, James Webb Space Telescope, NASA, ESA, CSA, Telescope, European Space Agency, Comedy, CNN Space, Science Locations: New, Americas, North America, China, Redonda, Flora Redonda, Caribbean, Indonesia

☆ 4 experts explain why Elon Musk's plan to colonize Mars is 'romanticized', not 'realistic', 'cosmic vandalism'
▼ + stars: | 2023-10-07 | by ( Maiya Focht | ) www.businessinsider.com time to read: +17 min

Four scientists told Insider his plan is bad for technical, scientific, and ethical reasons. Yes, experts agree we might want to settle other worlds, but Mars might not be our best bet, at least not now, four scientists told Insider. SpaceX's first priority is "establishing a cargo route to Mars," Musk told the Washington Post in 2016. From Mars, Musk told the IAC, people could go to the asteroid belts, the moons of Jupiter and Saturn, and the Kuiper belt. AdvertisementAdvertisementEssentially, terraforming Mars would involve melting its polar ice caps, which would release CO2 reserves.

Persons: Elon Musk, —, Ray Bradbury's, Arnold Schwarzenegger, Christopher Edwards, He's, Musk, Refugio Ruiz Musk's, they'd, he's, Edwards, PATRICK T, FALLON, there's, Bruce Jakosky, Jakosky, Andrew Coates, Coates, Mars, terraformed, Alexander Gerst, Rachael Seidler, Refugio Ruiz, Seidler, Jeff Bezos, Buzz Aldrin, Chris McKay, " Edwards, that's Organizations: Service, Northern Arizona University, SpaceX, Mars SpaceX, International Astronautical, Washington Post, IAC, Elon Musk, NASA, Getty, Mars, ESA, University College London's, Science, University of Florida, AP, JPL, Caltech, SETI, Center for Strategic, International Studies, NASA's Ames Research Center Locations: Texas, Mars

☆ Unlocking the clues of a metal world
▼ + stars: | 2023-10-06 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —For the first time, a NASA mission is setting off on a distant journey to visit a metal world in our solar system. This illustration depicts how scientists envision the Psyche asteroid. Over time, Psyche likely collided with other rocky objects, losing its outer crust and mantle until only its metal core remained. “We have never seen the surface of a metal world up close. “If you brought back as much metal as likely exists in Psyche, then the metals would no longer be rare and the price would plummet,” Metzger said.

Persons: REx, Annibale de Gasparis, ”, Zoe Landsman, Psyche, Landsman, isn’t, ” Landsman, NASA’s, Anicia Arredondo, “, ” Arredondo, Philip Metzger, ” Metzger Organizations: CNN, NASA, JPL, Caltech, ASU, Exolith, University of Central, Radar, Astronomy, Boeing, ASU “, Southwest Research Institute, Division, Planetary Sciences, Europlanet Science Congress, Scientists, University of Central Florida’s Florida Space Institute Locations: Italian, University of Central Florida, San Antonio

☆ JuMBO discovery: New Webb image reveals mysterious planet-like objects in the Orion Nebula
▼ + stars: | 2023-10-05 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

CNN —New images from the James Webb Space Telescope have revealed surprising pairs of planet-like objects in the Orion Nebula that have never been detected before. The Orion Nebula, a glowing cloud of dust and gas, is one of the brightest nebulae in the night sky and identifiable as the sword in the Orion constellation. But no existing theories explain how the JuMBOs formed, or why they’re present in the Orion Nebula, McCaughrean said. This Webb image shows the full survey of the inner Orion Nebula and Trapezium Cluster, captured in long wavelengths of light. Meanwhile, other research focused on different star-forming regions could reveal whether JuMBOs are elsewhere beyond the Orion Nebula.

Persons: James Webb, Samuel G, Pearson, Mark J, McCaughrean, Brown, ”, Webb, “ They’re, ” McCaughrean, ” Pearson, “, JWST, ’ ” Pearson, “ It’s Organizations: CNN, Orion, European Space Agency, Space Research, Technology, Orion Nebula, NASA, ESA, CSA Locations: Netherlands, Orion

A calmer tone set in later on Wednesday, with bond yields retreating. In the U.S. Treasury market -- considered the bedrock of the global financial system -- 10-year yields have jumped as much as 20 basis points (bps) to 4.8% this week alone. Bond yields move inversely to prices, and many asset managers who had held bonds expecting prices to rally are now throwing in the towel. Australian and Canadian 10-year bond yields have surged over 20 bps each this week , , and British 30-year government bond yields hit a fresh 25-year high above 5% on Wednesday . , ,World stocks (.MIWD00000PUS) hit their lowest since April on Wednesday, and the cost of insuring exposure to a basket of European corporate junk bonds hit a five-month high, according to data from S&P Global Market Intelligence.

Persons: Bond, Juan Valenzuela, Artemis, Kevin McCarthy, Jason Lee, Michael Metcalfe, Vikram Aggarwal, that's, Everybody's, you've, Richard McGuire, McGuire, Dhara Ranasinghe, Naomi Rovnick, Alun John, Yoruk Bahceli, Chiara Elisei, Marc Jones, Andy Bruce, Kim Coghill, Toby Chopra Organizations: bund, U.S . Treasury, Federal Reserve, Reuters, ADP, U.S . House, Congress, Hong, REUTERS, Street Global Markets, P Global Market Intelligence, Jupiter, New York Fed, Rabobank, Thomson Locations: Treasuries, British, U.S, Hong Kong, London

In the U.S. Treasury market -- considered the bedrock of the global financial system -- 10-year yields have jumped 20 basis points (bps) to 4.8% this week alone. Bond yields move inversely to prices, and asset managers who had held bonds expecting prices to rally are now throwing in the towel. Australian and Canadian 10-year bond yields have surged over 20 bps each this week , , and British 30-year government bond yields hit a fresh 25-year high above 5% on Wednesday . In a further sign of investor nervousness, the closely-watched MOVE bond volatility index is at a four-month high. (.MOVE)Rise in global yields beyond 10yr average levels Rise in global yields beyond 10yr average levelsRIPPLESGovernment borrowing costs influence everything from mortgage rates for homeowners to loan rates for companies.

Persons: Jason Lee, Bond, Juan Valenzuela, Artemis, Vikram Aggarwal, that's, Everybody's, you've, Richard McGuire, Dhara Ranasinghe, Naomi Rovnick, Alun John, Yoruk Bahceli Chiara Elisei, Andy Bruce, Kim Coghill, Toby Chopra Organizations: Hong, REUTERS, U.S . Treasury, Federal Reserve, Reuters, P Global Market Intelligence, Jupiter, New York Fed, Rabobank, Thomson Locations: Hong Kong, Treasuries, British

☆ Atos unit, ParTec sign deal for Europe's first Exascale supercomputer
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

The logo of Atos is seen on a company building in Nantes, France, March 11, 2022. REUTERS/Stephane Mahe/File Photo Acquire Licensing RightsOct 4 (Reuters) - A Franco-German consortium said on Wednesday it had signed a deal to provide Europe's first Exascale supercomputer, as the region tries to catch up with the United States in next-generation computing. Supercomputers are vastly more powerful than traditional ones, and an Exascale supercomputer can perform one quintillion - or 1,000,000,000,000,000,000 - calculations per second. The 500 million euro ($524 million) deal will see the consortium provide a supercomputer, called JUPITER, for the German Jülich Supercomputing Centre. "JUPITER will have three times the computing capability of Europe’s current most powerful supercomputer", the consortium said, adding it would require the space of about four tennis courts.

Persons: Stephane Mahe, Germany's, Gaëlle Sheehan, Mark Potter Organizations: REUTERS, EuroHPC, EU, supercomputing, Jülich Supercomputing, Thomson Locations: Nantes, France, German, United States, Europe

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