WPP's Ford agency reduces workforce in wake of account demotion
The 2019 Ford Motor Co. Mustang Bullitt sports vehicle, left, and 1968 Ford Mustang GT 390 vehicle, center, are displayed during the 2018 North American International Auto Show (NAIAS) in Detroit, Michigan, U.S., on Tuesday, Jan. 16, 2018. (Andrew Harrer/Bloomberg)
The U.S. ad business lost jobs in May for the sixth month in a row. The overall economy added 139,000 jobs, showing modest but relatively steady growth despite worries about tariffs, inflation and recession.