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Hey friends - you did it. Short weeks are always the worst. But now it’s the weekend again. Go get it.
Welcome back to the weekly Scoops Spotlight, where we’ll serve up a little summary of the week with the company scoops that got the most community reactions.
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🌎 The Big Picture
Confidence is rising, finances look stable, and Bitcoin is gaining mainstream momentum. But job searches are taking longer, the housing market is slowing, and tariff swings are creating major uncertainty for prices, businesses, and interest rates, leaving everyone in wait-and-see mode.
The trade policy whiplash is next level.
The market first climbed on Tuesday as investors returned from the Memorial Day long weekend to news that the White House had quickly retreated from its aggressive tariff threats once again. The cycles of threats and complete reversals have undermined the credibility of America's tariff announcements.
Investors and commentators have begun referring to the short-term market swings driven by abrupt White House policy reversals as the "TACO trade," an acronym for "Trump Always Chickens Out."
The President really didn’t like hearing that term.
The courts handed us our second major swing just a day later.
On Wednesday, a US trade court ruled that tariffs issued under the International Emergency Economic Powers Act (IEEPA) were illegal, since this wasn't really an emergency. That included most of the White House’s broadest tariffs, like the 10% baseline, China tariffs, and reciprocal taxes (Rose Garden chart). Businesses were supposed to get refunds, and new collections paused.
On Thursday, an appeals court put the pause on pause. Tariffs are back.
So what does it really mean?
More uncertainty.
🚩 Trade negotiations now stall as tariff threats lose power
🚩 Businesses stuck in limbo longer, unsure where to buy from or what it will cost
🚩 Hiring, investment, and spending plans get delayed
🚩 Costs stay volatile for both businesses and shoppers
And uncertainty is expensive.
This is what uncertainty looks like:
→ Paused hiring
→ Frozen marketing budgets
→ Postponed big purchases
→ Higher borrowing costs for longer
And we lose a lot of the potential positives with less negotiating power in trade talks aimed at
→ Rebalancing trade
→ Bringing more jobs and business to the US
@augustuschristensen Wake me up when September ends
How are you feeling about the economy? |
Get the full breakdown of all the trends affecting your home, wallet, and career in the new Weekend Scoop on the Scoops app!
🏭 The Companies Everyone’s Talking About
 Boeing. 👍 27% 👥 42% | 🌏 42% | 💰 44% | Avoiding Jail The US Justice Department reached a deal with Boeing to avoid prosecution in a fraud case stemming from two fatal 737 MAX plane crashes, with the planemaker agreeing to pay over $1.1 billion in fines and compensation. The planemaker has been in legal battles since 2018 with regulators as well as the families of the 346 people killed in crashes related to manufacturing failures. |
 UnitedHealth Group 👍 33% 👥 43% | 🌏 48% | 💰 49% | 401k Misuse UnitedHealth Group faces a lawsuit alleging it improperly used workers' 401(k) funds to reduce its own contributions, adding to the company's legal challenges. This lawsuit is one of several the company is facing, including claims of Medicare fraud and allegations of relying on an AI algorithm to deny care to patients. |
 United Airlines Holdings Inc. 👍 40% 👥 51% | 🌏 49% | 💰 52% | Flight Deal United Airlines has reached a tentative labor agreement with its 28,000 union flight attendants, which includes a 40% total economic improvement in the first year, including bonuses, retroactive pay, and better working conditions. The airline's flight attendants haven't had a raise in five years and have threatened strikes in negotiating for better pay, scheduling, and benefits. |
 GameStop Corporation 👍 40% 👥 56% | 🌏 51% | 💰 47% | Crypto Bet GameStop has purchased $513 million worth of bitcoin, its first investment in the digital asset, as the company looks to capitalize on the growing adoption of cryptocurrencies globally. The move is part of CEO Ryan Cohen's strategy to revive the struggling brick-and-mortar business. |
 Moderna, Inc. 👍 68% 👥 62% | 🌏 54% | 💰 66% | Funding Cut The Trump administration canceled $766 million in funding for Moderna's pandemic influenza vaccine development, including the H5N1 bird flu vaccine, despite positive interim results from an early-stage trial. The move adds uncertainty to Moderna's vaccine development plans, which had been supported by significant government funding. |
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❔ The Big Question of the Week
Do you think AI will be a net positive for the world? |
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