“Unfortunately tossing a scarf over the GDP numbers doesn’t change the fact that their policies have us careening toward a downturn.” All signs are pointing to a coming recession as U.S. President Donald Trump imposes tariffs on close trading partners, oversees mass firings of civil servants, and pushes for cuts to public services—but by firing economists, advisers, […]
LONDON – Differences between U.S. President Donald Trump and French President Emmanuel Macron were on full display as NATO leaders gathered for a summit in London. In an almost 40-minute session with journalists the two leaders clashed on a number of issues including burden sharing within NATO, terrorism, Turkey’s incursion into northern Syria, and the […]
ANN ARBOR—Consumer confidence declined in May, according to the Thomson Reuters/University of Michigan Surveys of Consumers. Conducted by the U-M Institute for Social Research since 1946, the surveys monitor consumer attitudes and expectations. The decrease in May was not due to the gloomy state of the economy during the 1st quarter—which had the weakest pace […]