Morning Brief anchor Allie Canal breaks down the day’s market news for August 26, 2025.
President Trump has threatened 200% tariffs on China if China curbs exports of rare-earth magnets to the United States. We break down the latest tariff news on China and South Korea.
Lisa Cook’s position at the Federal Reserve is in question after President Trump announced he has fired her. Cook says she will not resign. We look at what is at stake for the Fed and the president’s authority to fire a Federal Reserve governor.
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