Pedestrians walk past an illuminated American flag in the Times Square area of New York, U.S. (Photographer: Michael Nagle/Bloomberg)

U.S. Factory Gauge Falls to Lowest Level of Trump Presidency

(Bloomberg) -- A measure of U.S. manufacturing activity unexpectedly fell in May to the lowest level since October 2016, in a sign President Donald Trump’s trade war with China is weighing on the e...