Today
- Analysis
- US election
Trump, Biden switch election battle to capture middle America
Joe Biden and Donald Trump are starting to give some ground to catch the all-important voters in the centre who are still not convinced about either candidate.
- Matthew Cranston
- Opinion
- Monetary policy
Fed needs to cut interest rates sooner not later
The delay by the US central bank in easing monetary policy could jeopardise a soft economic landing.
- Mohamed El-Erian
Yesterday
Fed’s Williams says economy strong, needs more data for rate cut
New York Fed president John Williams said there were very good signs of supply and demand coming into balance.
- Christopher Condon
US surgeon-general urges tobacco-style warnings on social media
Vivek Murthy’s call to action comes as regulators and legislators increasingly scrutinise links between social media use and children’s mental health.
- Cristiano Lima-Strong and Aaron Gregg
From pariah to crucial US partner: How Saudi Arabia won back Biden
For Washington and Riyadh, the crowning achievement of this revitalised relationship would be the normalisation of ties with Israel.
- Felicia Schwartz and Andrew England
This Month
- Analysis
- Foreign investment
Xi’s battle to stop investors fleeing China may be about to get easier
A new International Monetary Fund analysis shows global capital flows have soared in the US and plummeted in China and emerging markets.
- Enda Curran and Saleha Mohsin
Biden courts Hollywood, while Trump tackles swing state
Some of Hollywood’s brightest stars headlined a glitzy fundraiser for the president, while his opponent was on the hustings in the crucial battleground state of Michigan.
- Darlene Superville and Will Weissert
Bankers sacked for faking work in rise of ‘mouse jigglers’
US banking giant Wells Fargo dismissed members of its wealth and investment management arm after investigating claims that they were pretending to be busy.
- Hannah Levitt
KPMG to cut 200 jobs | Musk’s $72b payday | Trump promises tax cuts
Read everything that’s happened in the news so far today.
Trump promises tax cuts in pitch to top CEOs
The former president delivered his populist economic pledges to Wall Street titans at a business roundtable event in Washington before the US election.
- Matthew Cranston
Tesla shareholders approve Musk’s $72b pay package
The shareholder vote is a major win for the Tesla chief executive as he seeks to reassert control over the company.
- Jack Ewing and Peter Eavis
US jobless claims jump to the highest level in 10 months
The number of unemployment claims rose 13,000, higher than economists expected.
- Matt Ott
Musk says shareholders approving his $75b pay package
It’s D-Day for the Tesla CEO as shareholders vote on his controversial pay package – with major implications for the billionaire and his company.
- Updated
- Trisha Thadani
Upbeat markets price in rate cut as US inflation eases
US President Joe Biden welcomed the news of falling inflation but said more needed to be done to reduce the cost of living.
- Updated
- Matthew Cranston
- Analysis
- US election
Why Republicans wanted a Hunter Biden acquittal
Republicans aren’t relishing the opportunity to extract political mileage from the conviction of the president’s son. Now they can’t claim Department of Justice bias.
- Jonathan Swan, Maggie Haberman and Michael Gold
The Trump trade hawk who is plotting from jail
Peter Navarro has a dark vision of the global economy. In a Trump 2 presidency which he may shortly be able to put into action.
- The Economist
Hunter Biden found guilty of lying in gun trial
Joe Biden’s son was found to have lied about his drug use to illegally buy a gun, making him the first child of a sitting US president to be convicted of a crime.
- Updated
- Tom Hals and Jack Queen
Joe Biden cuts Trump’s lead on handling of US economy
An FT-Michigan Ross poll also finds the Democratic president edging ahead of the Republican among older voters.
- Lauren Fedor and Eva Xiao
US adds far more jobs than expected in sign of economic health
US employers added a vigorous 272,000 jobs in May, as the economy showed resilience that will prove a boost to President Joe Biden.
- Updated
- Christopher Rugaber
UK tech tycoon Lynch cleared of HP fraud charges in $16.5b deal
Entrepreneur Mike Lynch had been extradited to the United States to face a criminal trial over the sale to HP in 2011, ending a mammoth legal saga.
- Updated
- Rachel Graf
