Trump's executive order late Thursday laid out rates to be applied against nearly 70 countries, ranging from 10% to 41% in what a Trump administration official hailed as the beginning of a "new system of trade." The new duties are now set to go into effect on Aug. 7.

Big Tech may be thriving, but after an action-packed week of earnings and economic data, it’s hard to be bullish about much else. If you’re interested in understanding the current state of the U.S. economy and corporate America,