Today
Dalio warns of US debt pile, and he wants Taylor Swift for president
The billionaire founder of Bridgewater Associates is worried about investors being able to absorb new supply, and why he would vote for Taylor Swift as president.
- Kate Duguid
They still hate him, but Wall Street’s big donors turn to Trump
Exasperated with Joe Biden’s policies, top financiers are increasingly on board for a second Trump term despite being alienated during his first presidency.
- Rob Copeland
Morrison says Trump legal ‘pile-on’ political
Speaking in Washington, Scott Morrison backed Donald Trump’s assertion that America’s legal system is being used against him.
- Updated
- Matthew Cranston
‘Let’s get ready to rumble’: Biden and Trump agree to TV debates
The two men will go head-to-head on CNN on June 27 then on ABC News on September 10.
- Updated
- Zeke Miller and Jill Colvin
- Opinion
- Globalisation
America’s race to tear up trade rules hurts everyone
The US is growing tired of upholding the economic rules it laid out for the world after 1945. But tariffs only punish consumers and undermine competitiveness.
- Edward Luce
How 18-year-old Barron Trump could follow in his father’s footsteps
The youngest of Donald Trump’s children graduates high school this week, which makes him a target for the press.
- Kate Wills
US stocks close at record high on slower inflation pace
Wall Street notched record closes after data showed price growth moderated, bolstering investor hopes for interest rate cuts by the Federal Reserve.
- Updated
- Matthew Cranston
Yesterday
AUKUS is ok with Trump, says Morrison
Donald Trump has indicated solid support for the AUKUS submarine deal, according to former prime minister Scott Morrison, who met with the former president at Trump Tower in New York on Wednesday AEST.
- Matthew Cranston
US to send $1.5b in new military aid to Israel
The White House has alerted Congress a security package is in the works, after it paused a bomb shipment last week in a warning to Israel over its war in Gaza.
- James Politi
Cohen tells of Trump’s Oval Office deal to pay ‘hush money’
Michael Cohen’s story of a deal struck in the White House with Donald Trump was the only personal account tying the former president to falsified documents.
- Ben Protess, Jonah E. Bromwich and Maggie Haberman
New US tariffs on China could help Australian critical minerals
It’s not just the federal budget that could boost Australia’s critical minerals exports, but also a new round of US tariffs on Chinese imports.
- Updated
- Matthew Cranston and Andrew Tillett
- Opinion
- Refugees
Chinese asylum seekers are paying $15,000 to reach the US via Mexico
About 37,000 people from the Asian nation were detained at the United States’ southern border last year.
- Slavoj Žižek
Biden ramps up tariff regime on $27b of China imports
Following a four-year review on trade with China, US President Joe Biden will not only keep the tariffs put in place by Donald Trump, but ratchet up others.
- Updated
- Matthew Cranston
This Month
Producer prices leap as US inflation remains sticky
The unexpectedly high readings may raise concerns on Wall Street and in the Federal Reserve.
- Christopher Rugaber
Biden orders Chinese crypto miner to sell land near US military base
The US president ordered MineOne Partners and its associates to sell the land next to Warren Air Force Base in Wyoming within 120 days.
- Demetri Sevastopulo
Trump leads in crucial states as Biden’s support unravels
A new set of polls shows the US president is behind in five of six battleground states, as the economy, Israel’s war and a desire for change press on voters.
- Nate Cohn
Return-to-office orders backfire at top tech firms
In the months following return-to-office mandates, an increased number of senior employees left Apple, Microsoft and SpaceX, often to work for competitors.
- Taylor Telford
Congress fights to reverse funding cuts for AUKUS subs deal
Draft legislation released this week shows Congress is ready to fight to restore funding for building Virginia-class submarines, essential for the success of AUKUS.
- Matthew Cranston
‘Women will hate me’: Cohen says Trump fretted about 2016 campaign
The prosecution’s star witness said Donald Trump was concerned Stormy Daniels’ sexual encounter claim would ruin his 2016 bid for the White House.
- Updated
- Luc Cohen and Jack Queen
Melinda French Gates exits philanthropic foundation with $18.9b
The Bill and Melinda Gates Foundation -– to be known as the Gates Foundation once she departs – is one of the biggest private foundations on the planet.
- Updated
- Sophie Alexander
