Homebuilders have pumped the brakes on new single-family home construction this year, a trend that’s likely to extend into 2023, according to several forecasts.

Tesla will relocate its headquarters from Palo Alto, Calif., to Austin, Texas, though the electric-car maker will keep expanding its manufacturing capacity in the Golden State, CEO Elon Musk said Oct. 7.

Stocks sank to their worst week since the financial crisis of 2008 as traders went into full retreat out of fear that the coronavirus will plunge the U.S. and other major economies into deep recessions.

Get ready for a little bit more pain at the pump this summer. Crude oil prices are at the highest level in more than three years and expected to climb higher, pushing up gasoline prices along the way.