🗞️TikTok deal approved

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September 25th, 2025

What happened today 🇺🇸,

• President Trump signed an executive order that approves the deal to separate TikTok’s U.S. operations from its Chinese parent company, ByteDance, to comply with a 2024 law aimed at mitigating national security risks…the deal involves a group of American investors including Oracle, Silver Lake, and others, with U.S. oversight of TikTok's algorithm and data management to ensure national security while keeping the app operational in the U.S

• The White House is warning federal agencies to prepare for mass layoffs if Congress fails to avoid a government shutdown next week…in memos from the Office of Management and Budget, agencies have been told to target roles and programs that do not align with President Trump’s priorities, potentially eliminating jobs permanently unless a deal is reached before the October 1st deadline

• The U.S. military deployed fighter jets to intercept four Russian warplanes flying near Alaska in the Alaskan Air Defense Identification Zone (ADIZ)…read more here

• Secretary Hegseth has called a rare and high-stakes meeting of nearly every U.S. general and admiral next week at Marine Corps Base Quantico, bringing in top commanders from around the world to address key issues

• President Trump stated that he will not allow Israel to annex the West Bank

• Elon Musk's AI chatbot Grok, developed by his company xAI, has been officially approved for use across U.S. government agencies under a deal facilitated by the General Services Administration (GSA) as part of the OneGov AI strategy

• Amazon has agreed to pay $2.5 billion to settle Federal Trade Commission allegations that it misled millions of users into signing up for Prime memberships and made it intentionally difficult to cancel those subscriptions

• Starbucks announced it will close nearly 200 of its U.S. and Canadian stores and lay off 900 non-retail corporate employees as part of a major restructuring effort

• The U.S. economy grew at an annualized rate of 3.8% in the second quarter of 2025, an upward revision of 0.5 percentage points from the previous estimate

• DOW down .38% / S&P down .50%

• President Trump met with Turkish President, Recep Tayyip Erdogan, at the White House to discuss trade, military agreements, and peace efforts in Gaza and Syria…Trump indicated he may lift sanctions to allow Turkey to purchase F-35 fighter jets, while also urging Erdogan to stop buying Russian oil amid the Ukraine war

• Bloomberg reported that European diplomats have warned Russia that NATO is ready to respond to any further Russian airspace violations with full force, including shooting down Russian aircraft if they enter NATO airspace again

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