Market Domination anchor Josh Lipton breaks down the latest market news for August 26, 2025.
President Trump says he is firing Fed Governor Lisa Cook, though she argues he doesn’t have the authority to do so. Senior legal correspondent Alexis Keenan discusses the legal issues of President Trump taking aim at Cook. Also, former Cleveland Federal Reserve President Loretta Mester weighs in on Fed governance and independence.
Morgan Stanley sees the adoption of AI reshaping the future of work, estimating it could potentially create up to $16 trillion in market value and boost the S&P 500. Morgan Stanley’s Stephen Byrd discusses the study.
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