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America Unleashes “Economic D-Day” on Iran & US Open Faces Backlash Over Ticket Prices

August 25, 2026

AI Summary

5 min read

U.S. Announces "Economic D-Day" Against Iran, Bitcoin Stages a Surprise Rally, and the U.S. Open Faces a Ticket Price Backlash

The Trump administration unveiled what Treasury Secretary Scott Bessent called "economic asphyxiation" against Iran, framing the new sanctions package as a finishing move in a war that has dragged on for nearly six months. Bessent described the effort as "an economic onslaught against Iran's financial connections around the globe," sanctioning more than 60 entities, individuals, and vessels that facilitate Iranian oil revenues and cyber capabilities. He demanded that countries hosting branches of Iran's largest bank, Bank Meli, shut them down, and said President Trump is making direct calls to individual leaders with "specific requests to cease their interactions with the regime or else face punishment from Uncle Sam."

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What you'll learn

  • 1 (00:33) **U.S. Open Faces Backlash Over Soaring Ticket Prices** - The hosts introduce the day's topics, including the U.S. Open's ticket price controversy and Blank Street Coffee's expansion to LA.
  • 2 (01:13) **Universal's Silent Coaster Creates Scream Problem for Neighbors** - A new roller coaster at Universal Studios Hollywood is so quiet that riders' screams are now the main source of noise, angering nearby residents in Toluca Lake.
  • 3 (03:14) **U.S. Launches "Economic D-Day" Against Iran** - The Trump administration announces a new wave of sanctions against Iran, aiming to cut the country off from the global financial system, a move Treasury Secretary Scott Bessent calls "economic asphyxiation."
  • 4 (08:23) **Blank Street Coffee Expands to Los Angeles with $75M Raise** - The VC-backed coffee chain, known for its pastel green aesthetic and efficient service, is heading to Beverly Hills and Malibu after a new funding round values the company at $650 million.
  • 5 (12:41) **U.S. Open Ticket Prices Spark Fan Outrage** - The tennis tournament has become a "cultural juggernaut" drawing celebrities and influencers, driving secondary market prices for grounds passes to an average of $311, up from $262 last year.
  • 6 (18:21) **Toby's Trends: The Rise of Slow Messaging Apps** - Apps like Carrier Pigeon and Roost allow users to send messages that take hours to arrive, adding friction to communication in an era of instant gratification.
  • 7 (24:01) **Trump Escalates Trade War with Canada** - President Trump threatens to double tariffs on Canadian vehicles to 50%, escalating a trade war after Canada announced retaliatory tariffs on $20 billion of U.S. goods.

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Guests on this episode

Show Notes

#918: Treasury Secretary Scott Bessent announces sweeping economic sanctions on Iran, dubbed as “economic D-Day.” Blank Street raises $105M and plans for a West Coast expansion. Fans are complaining about the rising cost of tickets for the US Open. An app that sends messages as fast (or slow) as carrier pigeons is becoming an unexpected hit. 

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