Yesterday
China and South Korea extend battery battle from EVs to grid storage
China has the upper hand on technologies and volume production, but the trade war means its main rival is better placed to exploit the US market.
This Month
Wall St’s false signal; Anzac booing outrage; Musk’s reign unravels
Read everything that’s happened in the news so far today.
Yelling matches, fudged figures. How Musk’s reign unravelled
The billionaire head of Donald Trump’s DOGE service clashed badly with cabinet officials well before he announced he would soon head back to Tesla.
Musk and Bessent ‘in wrestling-style row at White House’
Donald Trump watched the fracas between the Tesla boss and the US treasury secretary.
Why art deco is back (and even Elon loves it)
Minimalist furniture is out, opulent interiors are in, as sales of home decor inspired by the French 20th century aesthetic soar worldwide.
Musk to pull back from DOGE as Tesla profits plunge
The EV company has been facing increased scrutiny of its near-term growth prospects after deliveries tumbled 13 per cent in the first quarter.
Meet the 24-year-old Australian behind a $300m US start-up
Max Marchione moved to San Francisco to start Superpower and capitalise on the US’ under-resourced healthcare sector.
Musk should get the hell out of DOGE to help Tesla. He won’t
Tesla’s March-quarter earnings call provides the perfect chance for Elon Musk to stop the bleeding at Tesla. Don’t hold your breath.
The Trump billionaires who run the economy and the things they say
Democrats say the president and his friends are out of touch. Republicans counter that saying eventually, everyone will benefit from their policies.
Trump seeks to bring financial regulators under his sway
The effort would reflect a fundamental restructuring of how formerly independent agencies implement and enforce federal laws.
Albanese and Dutton dodge economic reality
Trump has warned his tariffs may cause temporary pain. Albanese and Dutton are not even trying to level with Australian voters about the cost of their spending.
‘Past his bedtime’: White House ridicules Biden as he breaks silence
The White House joked as the former president told disability advocates that cuts had left beneficiaries uncertain whether they would receive their payments.
Tech bros left reeling in ‘dizzying’ Trump tariff back and forth
“Those donations they made to get Trump elected are being rewarded,” wrote one analyst after key electronics were exempted. Then the White House changed its mind.
Which crisis sent markets down 57 per cent? Take our weekly news quiz
Have you been paying attention this week? Test your knowledge across politics, business and world news.
ASX sinks; Obesity is costing a fortune; Trump has no cunning plan
Read everything that’s happened in the news so far today.
The man who got Trump to do a ‘liberation day’ U-turn
Scott Bessent, described by the president “as one of the most brilliant men on Wall Street” helped change Trump’s tariff stance. His next moves will be crucial.
China’s factories face disaster in Trump’s trade war
Thousands of small factories with tiny profit margins have played a central role in China’s international competitiveness. Many could now struggle to survive.
‘Great time to buy’: Did Trump just manipulate the market?
Less than four hours before the president announced he was pausing tariffs, he posted online telling his 9.4 million followers that it was a good time to buy.
Here’s why Donald Trump buckled on tariffs
The market turmoil and pressure from Wall Street to Capitol Hill proved too much for the US president.
Inside the attempted coup gripping New Zealand’s media
The dispute between the publisher of the NZ Herald and billionaire Jim Grenon – who wants to turf the board – is threatening to engulf Australian investors.