On August 11, 2025, U.S. President Donald Trump addresses the press in the White House Press Briefing Room. He did this while explaining that his administration had plans to pre-emptively deploy federal law enforcement agents across Washington, D.C. His comments underscored an evident pushback to the increasing accumulation of federal intervention, especially intervention that is associated with the Federal Reserve.
The day of the briefing, Trump dropped a huge threat. He threatened to allow a “big lawsuit” to proceed on the Federal Reserve’s recent $200 million renovation of its headquarters. The President has been regularly and overtly pressuring the Fed to cut interest rates. This is a critical issue that he’s long focused on. At the center of his critique is Fed Chair Jerome Powell, whom he has taken to calling “Too Late.” Taken together, Trump’s statements highlight his broader and continued frustration with US monetary policy.
“The App Store is designed to be fair and free of bias.” – Apple spokesperson
Trump’s Trump-intensifies press briefing contained uncharacteristically explicit attacks on the Federal Reserve. At the same time, tempers flared in tech circles when Elon Musk said he’d sue Apple for alleged antitrust violations related to App Store rankings. Just yesterday, Musk had been attacking Apple for allegedly promoting OpenAI’s ChatGPT platform over his new Grok chatbot. This completely undermined competition and fairness in the tech sector.
Stock futures pointed to a higher open on Wednesday as capital markets responded to these move. On Tuesday, the Dow Jones Industrial Average shot up by more than 480 points. Meanwhile, the S&P 500 and Nasdaq Composite both closed at all-time highs. These gains are part of a broader market reaction to strengthening economic data and improving corporate earnings performance.
Sphere Entertainment continues to make waves in the entertainment sector! They recently touted the presale of more than 120,000 tickets to their hyper-immersive screenings of “The Wizard of Oz” at the newly opened Las Vegas Sphere later this month. This upcoming project is further evidence to the ongoing trend of bringing technology alongside traditional cinematic experiences.
Cava experienced a stunning, nosediving fall from its opening stock price of $43. It nosedived more than a fifth after announcing awful same-store sales growth. This decrease illustrates the deepening challenges in the restaurant industry as consumer spending habits continue to change in the wake of persistent economic uncertainty.
Trump’s criticism of financial institutions goes even further than the Federal Reserve. To be fair, he has focused his crosshairs on Goldman Sachs with particularly acerbic volleys. He recommends that new Goldman CEO David Solomon either fire the bank’s top economist or go focus on his new DJ career. This comment illustrates Trump’s broader approach of intertwining economic commentary with personal critique.
As the political and economic landscape continues to change, Trump’s words and deeds still weigh heavily in every sector. He specializes in federal law enforcement, monetary policy, and corporate accountability. This focus underscores the long-running, not-so-subtle war between the U.S. government and the business community.