Today
Wall Street reels from socialist’s win in New York mayoral race
Financiers are panicking and plotting to back a moderate after the left-wing candidate clinched the Democratic candidacy.
Scott Galloway on risk-taking, podcasting and why $150m is enough
The podcaster and investor pulls no punches on Trump, wealth and the plight of young men. He also claims margins that legacy media can only dream of.
Trump says three or four people on list to replace Fed’s Powell
President Donald Trump reiterated his anger with Jerome Powell though he did not name any potential successors or a timeline for a decision.
NATO agrees to Trump demand for bigger 5pc defence spend
The summit was tailored to the US president and his demands for increased defence spending from European allies.
Yesterday
Trump compares Iran strikes to Hiroshima as he rejects Pentagon report
The US president was furious about a Pentagon report that said US strikes only set Iran’s nuclear program back a few months but said the two sides would talk next week.
Cbus, MLC stand firm on US, home in on double-digit returns
Two of the nation’s largest superannuation funds have vowed to keep their US exposure despite a more volatile and unpredictable White House.
Trump baffles with sudden U-turn on China buying Iranian oil
Analysts said the US president appeared to be “throwing a bone” to China as the administration tries to hammer out a new trade framework with Beijing.
US plays the Trump card at NATO
The summit allows the US president to parade his ceasefire success and press NATO members to up their defence spending. Australia’s Richard Marles is the odd man out.
Trump loses one Nobel Peace Prize nomination – but may gain another
Oleksandr Merezhko, chairman of Ukraine’s foreign affairs committee, said he had lost “any kind of faith” in the president’s ability to end the war with Russia.
Inflation below forecasts; Xero makes $4b play; Lattouf wins ABC case
Read everything that’s happened in the news so far today.
‘Another big success!’: Trump posts private texts from NATO chief
The US president has revealed personal messages from Mark Rutte praising him for his actions in Iran, showing how far world leaders will go to stroke his ego.
‘They don’t know what the f— they’re doing’: Trump blasts Iran, Israel
The US president launched a tirade against Iran and Israel, saying Israel needed to calm down as the ceasefire he brokered appeared to falter.
This Month
Trump claims elusive win despite uncertainty
The US president’s high-risk bombing of Iran’s nuclear facilities looked to have been a big win. Does the quick breakdown in the ceasefire mean this will prove hollow – or just a setback?
UK vows to spend 5 per cent of GDP by 2035 to hit NATO goal
The new promise marks a significant increase on the government’s current plans, to reach 2.6 per cent – including intelligence spending – by 2027.
Credit to Trump for putting American and global security first
The Australian Financial Review has rarely had a positive word to say about Donald Trump, yet he has done the world a favour by taking out Tehran’s nuclear program.
Can Iran, Israel and the US all claim to have won?
In a little more than a week, the war blew through many previous red lines. But Iran’s appetite for a protracted war quickly waned.
PM cannot say when he’ll meet Donald Trump
Anthony Albanese says whenever he meets the US president, it will be “at a time that’s convenient for both of us”.
Israel-Iran ceasefire ‘violated’ within hours
The surprise resumption of hostilities came after relief that both sides had accepted Donald Trump’s plan to end the latest conflict roiling the Middle East.
How the oil price became ‘desensitised’ to Middle East flare-ups
The conflict between Israel and Iran sparked wild swings in the world’s most traded commodity but prices never came close to the heights of previous crises.
‘Regime change’ or peace: Trump’s head-spinning Iran policy
The president claims another Middle East war has ended – just days after the US joined it.