Tesla stock plunges, layoffs surge, and housing cracks: Markets news

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Image for article titled Tesla stock plunges, layoffs surge, and housing cracks: Markets news roundup — Photo: Michael M. Santiago / Staff (Getty Images), Brandon Bell (Getty Images), Kevin Dietsch (Getty Images), Omar Marques / Stringer (Getty Images), Kevin Carter (Getty Images), Cheng Xin/ (Getty Images), Graeme Sloan/Bloomberg (Getty Images), Chip Somodevilla (Getty Images), Gabby Jones (Getty Images), Angela Weiss/AFP (Getty Images)

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The 5 states with the best economies in America right now — and the 5 worst

The economic health of U.S. states varies widely, due to factors such as job growth, income levels, business development, and overall financial stability.

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America’s housing market is cracking

The American housing market, a post-pandemic juggernaut that seemed unstoppable, is finally showing signs of fatigue.

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Tesla stock plunges 14% as Trump and Elon Musk break up. Here’s what the numbers show

Tesla stock is having a rough week. Shares have fallen more than 20% in the last five days, and were down 14% on Thursday alone.

Meanwhile, trading volumes — the number of shares trading hands — paint a distinct picture. Look beyond the headline stock moves, and the type of selling starts to come into focus.

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5 states where people spend the most on healthcare — and 5 states where they spend the least

Healthcare costs across the U.S. are out of control, with the average American spending around $1,500 out of pocket every year. But in some states, costs are significantly higher than in others.

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Layoffs are surging as 2025 becomes the year of the pink slip

U.S. employers announced almost 100,000 job cuts in May, up an eye-watering 47% from the same month last year, according to new data released Thursday morning by the outplacement firm Challenger, Gray & Christmas. - Catherine Baab Read More

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America is the biggest loser in Trump’s trade war, OECD says

The global economy is slowing. In a sharply downgraded forecast released Tuesday, the Organisation for Economic Co-operation and Development warned that President Donald Trump’s volatile yet sweeping tariff policies are inflicting greater damage than expected, with the effects more concentrated in the U.S. than anywhere else.

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Fidelity says 401(k) balances are falling — but Americans don’t seem to be flinching

As markets whipsawed through a turbulent first quarter, American workers didn’t blink: They kept saving for retirement — even while watching their 401(k) balances get smaller.

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Tesla stock short-sellers raked in $4 billion as Elon Musk and Trump broke up

Short sellers made a killing Thursday as Tesla (TSLA) shares plunged 14%, their steepest single-day drop in over a year, with traders raking in some $4 billion on the bearish bets, per Ortex data.

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Dollar General earnings are good news for investors — and bad news for the economy

Dollar General just posted a great quarter. That’s good news for the retailer, and for investors enjoying a 9% pop in the stock price. It just might not be good news for the broader economy.

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Dan Ives’ Wedbush ETF tracking AI stocks launches

Dan Ives, a tech analyst known for his bullish calls on Nvidia (NVDA), Tesla, and the generative AI boom, is offering investors a way to buy into his thesis — literally.

Tesla stock plunges, layoffs surge, and housing cracks: Markets news roundup

Plus, the 5 states with the best economies in America right now — and the 5 worst