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A massive blaze is seen over the Crocus City Hall on the western edge of Moscow, Russia.

Islamic State claims responsibility for Moscow attack, at least 40 dead

At least five gunmen were shown in unverified videos repeatedly firing automatic weapons on people at a concert in the Crocus City Hall near Moscow.

  • Updated
  • Guy Faulconbridge and Andrew Osborn
Kate Middleton has revealed she’s undergoing cancer treatment.

Princess Kate reveals she has cancer and is getting treatment

In a personalised video message, the Princess of Wales said she was undergoing preventative treatment, hoped to make a full recover and asked for privacy.

  • Updated
  • Hans van Leeuwen

Russia and China veto US-led ceasefire resolution

Three of the UN Security Council’s 14 members voted against the resolution, which had called for “an immediate and sustained ceasefire” in the Gaza Strip.

  • Victoria Kim and Alan Yuhas

China scrutinises PwC role in $118b Evergrande fraud case

Authorities are examining the role of PwC in China Evergrande Group’s accounting practices after the developer was accused of fraud.

  • Bloomberg News

Trump heads back to Wall Street to raise much-needed cash

He is seeking a merger of his media business with a publicly traded shell company to trade on the Nasdaq. He needs the payout to bring down his legal bills.

  • Updated
  • Michelle A. Price

‘Rocky’ Macron takes on Putin with boxing photos

The photos released online tried to show a tough line against Vladimir Putin. But they drew mixed reactions across Europe, from “warrior” to “prancing poseur”.

  • Laurie Kellman and Sylvie Corbet

Opinion & Analysis

Princess Kate’s cancer diagnosis puts royals on even more uncertain terrain

First King Charles and now Catherine, Princess of Wales, are facing grave health concerns, stretching an already slimmed-down monarchy.

Mark Landler

Contributor

Rudd’s backroom strategy for Trump

In behind the scenes meetings, the former prime minister is working on an unlikely plan to make himself indispensable to the former president if he wins again.

Matthew Cranston

United States correspondent

Matthew Cranston

Watered-down car emission rules will still drive change

New Biden administration regulations are less forceful than an earlier proposal but will still add to market pressure for cheaper electric vehicles.

Jack Ewing

Contributor

Why no one will lend to cash-poor Trump

The Republican candidate’s financial difficulties pose risks for America as well as for himself.

Edward Luce

Columnist

Edward Luce

From the Financial Times

People shop in SoHo, New York, last week. The US economy is doing well despite higher interest rates.

Powell sticks to rate-cutting script despite strong economy

A brisk start to 2024 means officials are now confident that the US economy will expand by 2.1 per cent this year, faster than most other advanced economies.

  • Claire Jones and George Steer

Investors bet on European consumer stocks as economic confidence grows

Enthusiasm for stocks linked to discretionary spending has, in part, been driven by confidence that central banks have tamed inflation without tanking economies.

  • Stephanie Stacey

Why no one will lend to cash-poor Trump

The Republican candidate’s financial difficulties pose risks for America as well as for himself.

  • Edward Luce
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More From Today

Princess Catherine.

Princess Kate’s cancer diagnosis puts royals on even more uncertain terrain

First King Charles and now Catherine, Princess of Wales, are facing grave health concerns, stretching an already slimmed-down monarchy.

  • Mark Landler

Yesterday

Reserve Bank of Australia governor Michele Bullock.

Borrowers squeezed: RBA; UK tax hits Aussies; Apple’s core problem

Read everything that’s happened in the news so far today.

A family breaks fast during Ramadan outside their home destroyed in an Israeli airstrike.

US drafts tough UN ceasefire demand in Israel showdown

A resolution for the UN that American diplomats are circulating is notable for its strong language in seeking a ceasefire in Gaza and the release of hostages.

  • Michael Crowley and Thomas Fuller
Rudd and Trump

Rudd’s backroom strategy for Trump

In behind the scenes meetings, the former prime minister is working on an unlikely plan to make himself indispensable to the former president if he wins again.

  • Matthew Cranston

UK’s new tax slug could force expat Aussies home

Australians living in the UK for more than four years will lose the benefits of negative gearing and franking credits on their property and shares.

  • Updated
  • Hans van Leeuwen
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Donald Newhouse, Elyse Newhouse and Michael Newhouse of the family that owns Advance Publications.

Newhouse billionaires’ 5800pc Reddit gain helps ease their media woes

The family members have watched one clan after another surpass their wealth as their multi-generational media business sputtered, save for one key wager.

  • Tom Maloney
The unemployment rate has held steady in the US.

US jobless figures ease as labour market stays resilient

Applications for unemployment insurance have remained subdued over the last year despite elevated interest rates and some signs of cooling in the labour market.

  • Jarrell Dillard

This Month

In Britain, the clock is ticking towards interest rate cuts.

BoE keeps interest rate unchanged despite ebbing inflation

Echoing the US and Australia, the Bank of England says “things are moving in the right direction” but rate-setters “need to be sure” before making cuts.

  • Hans van Leeuwen
People shop in SoHo, New York, last week. The US economy is doing well despite higher interest rates.

Powell sticks to rate-cutting script despite strong economy

A brisk start to 2024 means officials are now confident that the US economy will expand by 2.1 per cent this year, faster than most other advanced economies.

  • Claire Jones and George Steer
European stocks linked to retailers and luxury groups are in demand as the outlook improves. But not everyone is convinced.

Investors bet on European consumer stocks as economic confidence grows

Enthusiasm for stocks linked to discretionary spending has, in part, been driven by confidence that central banks have tamed inflation without tanking economies.

  • Stephanie Stacey
A Tesla Cybertruck is readied for an EPA  event in Washington. EV sales growth continues to outpace that of combustion engine vehicles.

Watered-down car emission rules will still drive change

New Biden administration regulations are less forceful than an earlier proposal but will still add to market pressure for cheaper electric vehicles.

  • Jack Ewing
Rupert Murdoch has delayed The Australian’s 60th anniversary dinner.

Prince Harry drags Rupert Murdoch into phone hacking case

Celebrities, ex-politicians and other alleged victims of the scandal claim the media tycoon was aware of wrongdoing at his UK newspapers.

  • Brian Melley
Federal Reserve chairman Jerome Powell unleashed the bulls.

Jobless rate falls; Powell unleashes bulls; Chemist Warehouse surges

Read everything that’s happened in the news so far today.

Irish Prime Minister Leo Varadkar announces his resignation in Dublin.

Ireland’s ‘exhausted’ prime minister announces shock resignation

Leo Varadkar, whose Fine Gael party has struggled in the polls, said he would step down as leader of the country, citing “personal and political reasons.”

  • Megan Specia
Sam Bankman-Fried leaves a Federal Court in Manhattan last year.

FTX’s new boss blasts Bankman-Fried’s ‘delusional life’

Ahead of his sentencing, John Ray said the crypto exchange’s founder is wrong to say customers will be made whole. “The harm was vast. The remorse is nonexistent.”

  • Larry Neumeister
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Reddit is seeking to sell about 10 per cent of its shares in the IPO, sources say.

Reddit IPO prices at top of range to raise $1.1b

Shares in the social media platform are set to start trading on Friday in a test of the US market’s appetite for new listings.

  • Ryan Gould, Amy Or and Katie Roof
Birkin bags aren’t available on the Hermes website or displayed in their stores.

Hermes makes Birkin bags too hard to buy, shoppers claim in lawsuit

Two plaintiffs in California claim that the holdalls have become so exclusive that their maker is breaking US antitrust law.

  • Ethan M Steinberg
Donald Trump hugs and kisses the American flag at the Conservative Political Action Conference.

Why no one will lend to cash-poor Trump

The Republican candidate’s financial difficulties pose risks for America as well as for himself.

  • Edward Luce
The new US rules push the car industry toward majority EV sales by early next decade.

Biden eases new vehicle emissions standards, Australia could follow

The new rules give US automakers more time to comply with emission standards and to push sales of hybrid vehicles as demand for EVs slows.

  • Updated
  • Matthew Cranston

UK inflation cools to slowest pace since 2021

UK inflation fell more sharply than expected to the lowest level in 2 and a half years, keeping the Bank of England on track to reduce interest rates later this year.

  • Tom Rees