Michigan sees biggest jobless spike as Trump tariffs fuel economic uncertainty

April 4th, 20250 LANSING – Amid growing fears of an economic slowdown triggered by the tariff war led by President Trump’s administration, Michigan has recorded the largest year-over-year increase in unemployment among all 50 U.S. states, registering one of the worst unemployment rates in the nation, according to the latest data from the U.S. Bureau...

Auto industry losing steam as vehicle sales for April decline

May 5th, 20170 DETROIT — On Tuesday, May 2, major automakers posted declines in U.S. new vehicle sales for April in a sign the long boom cycle that lifted the American auto industry to record sales last year is losing steam, sending carmaker stocks down. The drop in sales versus April 2016 came on the heels of a disappointing March, which...