What you you must know before today's market opens

Home prices are surging — and Detroit gained the most in November, beating Miami for the first time

• Home price gains are being fueled by a decline in mortgage rates.

• Home prices jumped 5.2% on an annual basis in November.

• Detroit saw the largest annual price gain, surpassing Miami.

Global economy set for its worst half decade of growth in 30 years, World Bank says

• The global economy is on course to record its worst half decade of growth in 30 years, according to the World Bank.

• Global growth is forecast to slow for the third year in a row in 2024, dipping to 2.4% from 2.6% in 2023, the bank said in its latest “Global Economic Prospects” report.

• “Without a major course correction, the 2020s will go down as a decade of wasted opportunity,” Indermit Gill, the World Bank Group’s chief economist and senior vice president, said.

NASA delays crewed Artemis moon missions into 2025 as companies navigate challenges

• NASA is pushing back the schedule for upcoming missions of its flagship Artemis lunar program by about a year.

• The next Artemis mission, which will be the first to carry crew, is now targeting September 2025, NASA leadership announced on Tuesday.

• The Artemis program represents a series of missions with escalating goals, aiming to return astronauts to the lunar surface for the first time since the Apollo era.

U.S. lunar company’s inaugural mission falls short of moon landing after spacecraft malfunction

• Pittsburgh-based Astrobotic’s inaugural lunar mission suffered a malfunction shortly after launch, and the company is calling off the landing attempt.

• It would have been the first U.S. moon landing in more than 50 years.

• Both Astrobotic and NASA have cargo lunar landing attempts lined up, with three American companies scheduled to launch missions this year.

Biden slams Trump as ‘revealing twisted true colors’ after Trump says he hopes economy crashes in 2024

• The White House took aim at Trump for saying he hoped the economy would crash this year rather than during his theoretical second term.

• The Biden administration used Trump’s remarks to tout Bidenomics victories and to draw a contrast with the economy under Trump.

• The economy has shown promising signs of recovery over the past couple of months, though consumers in early polling say they have yet to feel the relief and have blamed Biden.

• The economy expanded for several years under Trump but experienced a significant crash while he was still in office.