👟 Nike, Adidas and Skechers co-signed a letter from a major footwear trade group asking President Trump to exempt shoes from his reciprocal tariffs. The Footwear Distributors and Retailers of America said the tariffs pose an "existential threat" to the footwear industry and to families. (CNBC)
👷♂️ The U.S. economy added 177,000 jobs in April as the White House ramped up tariffs, while the unemployment rate held at 4.2%. The report is stronger than expected; economists had penciled in roughly 133,000 jobs added last month. (Axios)
🚦 EToro is considering launching its U.S. IPO as soon as next week. The trading and investment platform delayed its offering in early April amid tariff-related stock volatility. (Bloomberg)
