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By A.I. and Staff Reporters
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- Trade: President Trump signed an executive order late Friday unleashing a wave of new tariffs on 69 US trading partners that will go into effect on August 7th. Here’s a handy list of tariffs and their economic effects for readers of this ME-P.
- Markets: Stocks opened lower Friday and kept falling thanks to a double whammy of new tariff rates and a shocking slowdown in the labor market, while bond yields tumbled.
- Commodities: Gold jumped as the likelihood of a rate cut rose due to the latest jobs report, while oil sank on reports that OPEC+ may announce a crude production boost as soon as this weekend.
- More Markets: Stocks may want to stop reading the news for a while after tanking Friday in response to President Trump laying out sweeping new global tariffs, as well as a jobs report that showed the labor market has been cooling down more than we realized. The dip left all three major averages down for the week.
- Stock spotlight: Reddit, that platform that has once again been propping up meme stocks, managed to buck the trend and soar, following its report of better-than-expected quarterly earnings results.
- INCENTIVE OPTIONS: https://medicalexecutivepost.com/2025/07/15/incentive-stock-options-defined/
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