Today
Trump tax cut extension cost swells to $7 trillion, CBO warns
New estimates from Congress’ fiscal scorekeeper make clear the cost of extending the 2017 tax cuts enacted under president Donald Trump.
- Erik Wasson
Yesterday
Stormy Daniels’ graphic testimony of alleged Trump sexual encounter
The remarkable testimony is the latest example of how Donald’s Trump’s dealings with women are coming back to haunt him in court.
- Updated
- Erik Larson, Patricia Hurtado and David Voreacos
Perpetual CEO to retire; Druckenmiller’s big wins; New iPads analysed
Read everything that’s happened in the news so far today.
This Month
Stormy Daniels expected to appear at Trump’s trial
The adult-film actress’ testimony is by far the most-awaited spectacle in Donald Trump’s hush money trial.
- Jennifer Peltz, Jake Offenhartz, Michael R. Sisak and Eric Tucker
ANZ reveals $2b buyback; Macquarie bets on AI; Bonza backers’ plot
Read everything that’s happened in the news so far today.
Judge threatens Trump with jail over ‘hush money’ gag order
The former US president suggested that he would be willing to risk incarceration after the judge’s warned him over repeatedly breaching the gag order.
- Jack Queen, Luc Cohen and Andy Sullivan
- Opinion
- Chanticleer
Ken Moelis on Trump, interest rates and Ozempic
The billionaire investment banker thinks Donald Trump has his nose in front in the US presidential race, and that could have ramifications for interest rates.
- James Thomson
- Analysis
- US election
Gallows humour and escape: Trump’s possible return rattles Washington
Much of official Washington is bracing for the former president’s return – this time with ‘retribution’ as his avowed mission, the discussion is about self-imposed exile.
- Peter Baker
Qantas’ $120m settlement; Westpac pays dividend; Optus gets new CEO
Read everything that’s happened in the news so far today.
- Opinion
- US election
Europe should brace itself for a Trump victory
The difference between 2024 and 2016, when Trump last won the presidency, is that this time he has a plan. From Europe’s perspective, it would look like Fortress America.
- Updated
- Edward Luce
Trump and his one-time confidant meet again, this time in a courtroom
Hope Hicks, once a spokeswoman for Donald Trump, broke down in tears on the witness stand as she talked about their time together.
- Ben Protess, Jonah E. Bromwich, Maggie Haberman and Jonathan Swan
Key dates you need to know for the 2024 US presidential race
Here is a timeline of all the important events and dates in the lead up to the US presidential election on 5 November.
- Reuters and AFR
- Analysis
- US politics
A bystander to ’60s protests, Biden now becomes a target
The protests pose two political risks to Joe Biden. They could worsen his estrangement with the left and feed into a narrative that he has presided over disarray.
- Peter Baker
NAB’s ‘astonishing’ number; Woolies’ warning; Fed’s ‘confidence’ trick
Read everything that’s happened in the news so far today.
- Opinion
- Federal Reserve
The US presidential election is casting a long shadow over the Fed
Lingering inflation has caused hopes for US interest rate cuts to wither. That means the Federal Reserve risks becoming dragged into a divisive election.
- Karen Maley
- Opinion
- Monetary policy
Powell bristles at election influence on rate cuts
The Federal Reserve chairman has taken umbrage at suggestions monetary policy decisions will be influenced by the US presidential election.
- Matthew Cranston
ASX drops 1pc; $200m home goes on sale; What Star CEO sacking reveals
Read everything that’s happened in the news so far today.
Trump threatened with jail, fined for contempt of court
The former president was ordered to pay the fine by the end of the week, and he deleted, as ordered, the offending posts from his Truth Social account.
- Michael Sisak and Jennifer Peltz
April
Why Apple has a $US300b ‘Made in China’ problem
Apple is gradually weaning itself off China as a longstanding and mutually-beneficial relationship between the corporate giant and the country begins to fray.
- James Titcomb
Star ousts chairman; PM’s rally backlash; ‘Safe’ banking danger
Read everything that’s happened in the news so far today.