Home prices go negative for the first time in over 2 years — and may stay that way for a while

Article Title: Home prices go negative for the first time in over 2 years — and may stay that way for a while
Snippet of Article: "...Home prices have finally come down compared with last year, though just fractionally, according to daily reads from Parcl Labs, which looks at high-frequency listing data on single-family homes, condos and townhomes, both new and existing.

They may stay softer, though, as home prices are down 1.4% in just the last three months. ..."

Source: www.cnbc.com

[tag] Home Prices Decline (2025), Net Worth Decline,U.S. Economy (2025), [/tag]

Layoff Watch | GM lays off about 1,750 employees amid 'slower near-term EV adoption' and 'evolving regulatory environment'

Article Title: GM lays off about 1,750 employees amid 'slower near-term EV adoption' and 'evolving regulatory environment'
Snippet of Article: "...GM has temporarily cut 5,500 roles, 1,750 of which will be laid off indefinitely. The cuts were centered in Detroit, Warren,...GM also confirmed that it will shut down two Ultium Cells battery plants in Warren, Ohio, and Spring Hill, Tennessee, between January 5 and mid-2026.

700 workers in Spring Hill will be placed on temporary layoff, GM confirmed. 850 workers in Warren will be placed on temporary layoff, while 550 workers will be placed on indefinite layoff."

Source: www.businessinsider.com

[tag] U.S. Layoff Watch,U.S. Economy (2025), Job Losses (2025),2025, GM Layoffs, EV Damage to the Automobile Industry, Too Expensive to Purchase Anymore (Auto and Truck Market), [/tag]