Recession

Manufacturing Health in the U.S. Falls to 10-Year Low

"May saw US manufacturers endure the toughest month in nearly ten years, with the headline PMI down to its lowest since the height of the global financial crisis," wrote Chris Williamson, Chief Business Economist at IHS Markit in a statement.

Trump's Economic Adviser Says Trade Wars Hurt Companies

"There are a heck of a lot of U.S. companies that have a lot of sales in China that are basically going to be watching their earnings be downgraded." Things will continue this way, "until we get a deal with China, It's not going to be just Apple," he said.

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