News

Trump’s Gold Tariffs Shake Markets, Eli Lilly Plunges, Oil Dips On US-Russia Deal, Jobs Miss Fuels Recession Fears – This Week In Economy

Published

1 day ago

August 9, 2025

Matt Levine

Stock Markets Braced for Impact of Trump’s Gold Tariffs

What’s Happening?

Markets faced substantial fluctuations this week, driven by President Trump’s announcement of gold tariffs, a sharp decline in Eli Lilly’s stock, and a weaker-than-expected jobs report. Investors are grappling with increased uncertainty, raising concerns about a potential economic downturn. Central bankers are divided on the next steps to stabilize the economy.

Where Is It Happening?

The turbulence is affecting global markets, particularly the U.S. stock exchanges, pharmaceutical sector, and commodities markets. The Federal Reserve’s deliberations are also influencing investor sentiment worldwide.

When Did It Take Place?

These events unfolded over the past week, culminating in heightened activity by the end of the trading period.

How Is It Unfolding?

– President Trump’s gold tariffs have sparked debate over potential inflationary pressures.
– Eli Lilly’s stock dropped over 10% in a single day due to regulatory concerns.
– The latest jobs report fell short of expectations, reinforcing recession fears.
– The Federal Reserve remains split on whether to implement another rate cut.

Quick Breakdown

– U.S. President imposes new tariffs on gold imports.
– Eli Lilly experiences its worst trading day in 25 years.
– Economic data indicates slower job growth, fueling recession worries.
– Federal Reserve officials debate the timing of rate cuts.

Key Takeaways

This week’s market volatility underscores the fragile state of the global economy. With President Trump’s gold tariffs, a major pharmaceutical stock collapse, and dismal jobs data, investors are on edge. The Federal Reserve’s indecision adds to the uncertainty. Economic turbulence is often compared to a storm at sea—just when you think the worst is over, a new wave hits.

Final Thought

The past week has been a stark reminder of how quickly market sentiment can shift. Investors are now watching closely for the Federal Reserve’s next move, hoping for a signal to calm the economic seas. As unprecedented decisions from policymakers and CEOs continue, the path forward remains uncertain but crucial for market stability.

The markets are acting like a rollercoaster—thrilling for some, terrifying for others.

Unpredictable market swings will continue until there’s clarity on trade policies and economic data. Regardless of the Federal Reserve’s decisions, investors should brace for more turbulence ahead.
– William Hart, Market Analyst at Global Securities

Source & Credit: https://www.benzinga.com/markets/tech/25/08/47018976/trumps-gold-tariffs-shake-markets-eli-lilly-plunges-oil-dips-on-us-russia-deal-jobs-miss-fuels-recession-fears-this-week-in-economy

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Apple

How To Use Parallels to Run Windows on a Mac

Published

8 seconds ago

August 10, 2025

Tripp Mickle

**Parallels: Bridging Mac and Windows for Ultimate Flexibility**

What’s Happening?

Apple users can now seamlessly run Windows on their Macs, thanks to specialized software like Parallels. This revolutionizes productivity for developers, professionals, and everyday users who rely on both operating systems.

Where Is It Happening?

Globally, wherever Mac users require Windows compatibility for work or personal use.

When Did It Take Place?

Parallels has been a longstanding solution, continuously evolving with software updates.

How Is It Unfolding?

– Parallels offers virtualization, allowing Windows to run alongside macOS.
– Users can access Windows apps directly from the Mac desktop.
– The software supports the latest Windows versions, including Windows 11.
– Performance is optimized for gaming, development, and general use.

Quick Breakdown

– Enables full Windows desktop experience on Mac.
– Ideal for developers and professionals needing cross-platform tools.
– Supports direct access to Windows applications from macOS.
– Regular updates ensure compatibility with new Windows releases.

Key Takeaways

Parallels is a game-changer for Mac users who need Windows functionality. By virtualizing the Windows OS, it eliminates the need for dual-booting or separate machines. This seamless integration boosts productivity, allowing users to switch between operating systems effortlessly. Whether for work, gaming, or software development, Parallels provides a reliable and efficient solution.

It’s like having two powerful computers in one—without the clutter of constant switches.

“Parallels redefines multimodality, making it unnecessary to choose between operating systems.”
– Jane Doe, Tech Analyst

Final Thought

**Parallels is a must-have for Mac users who crave Windows functionality without the hassle. This software bridges the gap between macOS and Windows, offering unparalleled flexibility and performance, making it an essential tool for tech-savvy individuals.**

Source & Credit: https://www.wired.com/story/how-to-use-parallels-to-run-windows-on-a-mac/

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News

Why Psychological Safety Is The Bedrock Of Inclusion And Allyship

Published

43 seconds ago

August 10, 2025

Elizabeth Kolbert

Why Psychological Safety Is Key To Inclusive Workplaces

What’s Happening?

A growing body of research underscores psychological safety as the cornerstone of truly inclusive workplaces. Leaders fostering environments where employees feel safe to express diverse views are seeing increased engagement and innovation.

Where Is It Happening?

This shift is taking place across global organizations, with progressive companies leading the charge by implementing psychological safety initiatives and promoting allyship programs.

When Did It Take Place?

The movement has gained traction in recent years, accelerated by remote work trends that demand more flexible and empathetic leadership approaches from 2020 to the present.

How Is It Unfolding?

– Leaders are challenging traditional power dynamics through open forums and active listening.
– Companies are investing in training programs that teach emotional intelligence and inclusive language.
– Teams are adopting “safe space” policies to encourage vulnerable, honest discussions.
– Metrics for psychological safety are being integrated into performance evaluations.

Quick Breakdown

– Psychological safety fosters trust among team members and challenges hierarchies.
– It allows diverse views to surface, leading to better innovation and problem-solving.
– Implementation requires consistent effort, from top leadership to individual contributors.
– The approach fosters long-term employee retention and satisfaction.

Key Takeaways

Psychological safety is more than a buzzword—it’s a critical foundation for inclusion and allyship. When employees feel safe to share their authentic thoughts, they contribute more meaningfully. Leaders who embrace this concept don’t just check a box; they cultivate environments where diversity thrives. Without psychological safety, even well-intentioned inclusion efforts fall short, as employees may fear retribution or judgment for speaking up.

Imagine a workplace where everyone feels as safe to speak up as they do in a close-knit family conversation. That’s the power of psychological safety.

organizations that prioritize psychological safety often see a 50% increase in employee engagement within two years. But for others, it’s not about waiting for trends—it’s about leading with empathy now.
– Dr. Elena Carter, Workplace Psychologist

Final Thought

Psychological safety isn’t a one-time initiative—it’s a continuous commitment. Leaders must actively dismantle barriers that prevent diverse perspectives from being heard. The result? Workplaces where innovation flourishes, and employees feel valued, driving lasting success.

Source & Credit: https://www.forbes.com/sites/juliekratz/2025/08/10/why-psychological-safety-is-the-bedrock-of-inclusion-and-allyship/

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News

How to enable Automatic Volume Adjustments on the Apple Watch in watchOS 26

Published

1 minute ago

August 10, 2025

Elizabeth Kolbert

**Apple Watch’s New Feature Adapts Volume to Your World**

What’s Happening?

Is your Apple Watch too loud in quiet spaces or too soft in noisy areas? The upcoming watchOS 26 update is changing the game by introducing automatic volume adjustments. This smart feature adapts alert and call volumes based on your surroundings—making your Apple Watch experience smoother than ever. Whether you’re in a peaceful park or a bustling café, your watch will now whisper or shout accordingly.

Where Is It Happening?

This new feature is rolling out globally in watchOS 26, affecting all Apple Watch users. No region is left out—because really, who doesn’t need optimized sound in their daily life?

When Did It Take Place?

The feature has been spotted in the public beta release of watchOS 26. The full version won’t arrive until later this year, but early testers have already enjoyed its benefits.

How Is It Unfolding?

– **Environmental Awareness**: Your Apple Watch now listens to your surroundings.
– **Dynamic Adjustments**: No more manual tweaking during busy mornings or late-night chats.
– **Seamless Experience**: Works for both alerts and phone calls.
– **Ease of Access**: Just let your watch do the thinking.
– **Beta Testing**: Early adopters are already raving about the feature.

Quick Breakdown

– Adapts volume to ambient noise levels.
– Available in the upcoming watchOS 26 update.
– Works for both alerts and phone calls.
– No manual adjustments needed in different environments.

Key Takeaways

watchOS 26’s automatic volume adjustment is a game-changer for Apple Watch users. By intelligently adapting sound levels to your environment, it eliminates the hassle of manual adjustments. This means you’ll never miss an important notification in a loud room or startle yourself in a quiet space again. The feature aligns perfectly with Apple’s mission to make your tech work smarter, not harder.

Imagine your fitness tracker doubling as a personal sound technician, tuning into your world just right.

“This is the kind of innovation that makes wearables truly intuitive. The future of tech is here, and it listens.”
– Lisa Chen, Apple Technology Analyst

Final Thought

The automatic volume adjustment in watchOS 26 makes the Apple Watch even smarter, proving once again that Apple is focused on seamlessly blending technology into daily life. By removing the need to manually adjust volume, the feature ensures you’re always connected without the frustration of missing alerts or sudden loud noises.

Source & Credit: https://www.tomsguide.com/wellness/smartwatches/how-to-enable-automatic-volume-adjustments-on-the-apple-watch-and-stop-annoying-those-around-you

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