Yesterday
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.
This Month
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.
ASX wipes $32b; Tariffs to hit pharma; $1.3trn trade unwinds
Read everything that’s happened in the news so far today.
Musk calls Navarro ‘Peter Retarrdo’ as Trump tariff spat gets messy
The White House downplayed the disagreement, saying “boys will be boys” and that the administration “will let their public sparring continue”.
China vows to ‘fight to the end’ after Trump’s new tariff threat
China slammed the US for threatening to raise tariffs and pledged to retaliate if Washington follows through.
What is Elon Musk’s IQ?
The questionable measure of intelligence has now been uncoupled from any test and functions as a general-purpose human ranking system that implies invincibility, prosperity and virility.
Tariff maelstrom bears down on Dutton’s election hopes
Labor is as alarmed as any government as Donald Trump’s sharemarket carnage unfolds. But it also sees a political advantage.
Rinehart down $280m (and counting) in Trump market rout
Australia’s richest person made a massive $2 billion bet on the US stock market last year.
Trump’s tariff ‘medicine’ injects fresh turmoil into global markets
The president says foreign governments will have to pay ‘a lot of money’ to lift sweeping tariffs.
Six things to know before buying an EV
Prices are falling across the market, with Tesla models up to $20,000 cheaper than two years ago, and BYD making strong inroads.
From New York to Alaska, thousands march against Trump, Musk
Protesters assailed the US President and his billionaire sidekick’s actions on downsizing, the economy, immigration and human rights.
4 ways investors can play the tariff ‘Trumpastrophe’
Retail investors should do these four things as markets tank; from $4.90 Sharpies to $US1 million a head dinners, Donald Trump’s family made a mint last week; Elon Musk splits from Trump on tariffs. See how the day unfolded.
Musk splits with Trump on tariffs, wants US-EU free trade zone
The billionaire and presidential adviser told Italy’s League party that he’d like America and Europe to move “to a zero-tariff situation”.
World’s poorest nations to crumble in Trump’s trade war
Madagascar, the “mountain kingdom” of Lesotho and Pacific island Nauru are on the list of countries hit with punishing US tariffs.
ASX opens the door to the great James Hardie heist
Last week in broad daylight, the American pirates running James Hardie swept in and stole the company from its Australian shareholders. What did the ASX do?