Today
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.
- 53 mins ago
- Matthew Cranston
‘Women will hate me’: Cohen says Trump worried about 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.
- 1 hr ago
- 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
What a second Trump presidency could bring
The influential American conservative platform Project 2025 has spent two years crafting a 900-page proposal for key areas of immigration, tax and trade.
- Matthew Cranston
Yesterday
Seinfeld speech at Duke University ceremony prompts walkout
The walkout was the latest manifestation of protests that have roiled US campuses as students call for universities to divest from arms suppliers and others profiting from the war.
- Julia Harte
US shale companies accused of collusion over oil price
ExxonMobil, Occidental Petroleum and Diamondback Energy are among the companies named in at least 10 class actions alleging they conspired to constrain production.
- Jamie Smyth and Myles McCormick
This Month
US set to impose 100pc tariffs on Chinese EVs
The move expected this week marks the latest effort by the Biden administration to protect America’s domestic industry from cheap competition.
- Updated
- Alan Rappeport and Jim Tankersley
Ken Griffin urges Harvard University to embrace ‘Western values’
The hedge fund founder who has given his alma mater more than $US500 million has slammed the pro-Palestinian protests sweeping colleges as “almost like performative art”.
- Harriet Agnew
Extreme solar storm hits Earth, could bring auroras but disrupt power
An unusually strong solar storm hitting Earth could produce southern lights across Australia, including as far north as Queensland.
- Marcia Dunn
Fed’s Logan says still too early to think about rate cuts
Lorie Logan, the president of the Dallas Fed, flagged uncertainties over how restrictive monetary policy is.
- Catarina Saraiva
- Analysis
- US election
Trump’s long week in court as election looms
Stormy Daniels’ allegations of a sexual encounter with Trump set the courtroom alight this week. How they play into his election chances is unclear.
- Matthew Cranston
Stormy Daniels accused of profiting off Trump sex claims
The former president’s lawyers are trying to undermine the porn actor’s credibility as the trial resumes in Manhattan.
- Joe Miller
Trump asked oil CEOs for $1.5b donations in exchange for favours
The former president demanded $US1 billion in donations to get re-elected and offered to overturn environmental rules and policies to help the oil industry.
- Updated
- Josh Dawsey and Maxine Joselow
- Opinion
- USA
Campus protests may help Donald Trump win
History suggests the intellectual conformism sweeping university life could trigger a popular backlash that ends in conservative rule.
- David Brooks
New Bridgewater chief ‘rewires’ world’s largest hedge fund
Nir Bar Dea says he had overhauled the firm after just a year in charge, in a bid to restore investment performance and mark a break from founder Ray Dalio.
- Ortenca Aliaj
Biden fights back after Druckenmiller’s reckless spending lambast
Campaigning in a key state, Joe Biden defended his government’s massive government industry subsidies from critics including the billionaire investor.
- Updated
- Matthew Cranston
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
Most FTX customers to get all their money back after catastrophic collapse
The collapsed cryptocurrency exchange says it will be able to pay off most of its investors - but the soaring price of bitcoin means they still lose.
- Michelle Chapman
Reddit’s bright first earnings report sends shares soaring
Its IPO was one of the biggest in the US this year – and its first earnings report shows that revenue increased 48 per cent.
- Aisha Counts
TikTok sues over US ban in battle for survival
The lawsuit from the social media platform and its parent company, ByteDance, claims US legislation banning the app would breach free speech rights.
- Hannah Murphy
