Now that's a reality check

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Payrolls, tariffs rock markets Audio Articles now available! Download the Reuters App.   Trading Day Trading Day Making sense of the forces driving global markets   By Jamie McGeever, Reuters Open Interest Markets Columnist    Well, well, well. In a week jam-packed with global tariff, earnings, data and policy fireworks, the most explosive was kept for last - July's  U.S. employment report , which shattered the optimism - or complacency - building around the U.S. economy and stock market.  Weak job growth, together with the latest  wave of steep tariffs  imposed by U.S. President Donald Trump, triggered a huge selloff in global  stocks  and the  dollar  on Friday, floored bond yields, and revived expectations of a  Fed rate cut  next month.  I'd love to hear from you, so please reach out to me w...

States sue over transgender care crackdown

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+ Week in Review. Audio Articles now available! Download the Reuters App.   The Afternoon Docket The Afternoon Docket A newsletter by Reuters and Westlaw   By Karen Sloan What's going on today? Google asked a federal court to hold off on sweeping reforms to its app store Play , after the company lost a key ruling this week in a lawsuit brought by Epic Games .  Ghislaine Maxwell was transferred from a Florida prison to a lower-security facility in Texas to continue serving her 20-year sentence for helping Jeffrey Epstein sexually abuse underage girls. Plus Week in Review   US states sue over Trump's targeting of providers of transgender youth medical care    REUTERS/Nathan Howard A coalition of Democratic-led states filed a lawsuit seeking to block policies the U.S. Department of Justice adopted under President Trump to crack down on p...