Today
Bill Gates to give away $311b, accuses Musk of killing kids in poverty
The co-founder of Microsoft, who will donate nearly all his wealth and wind up his charitable foundation by 2045, hit out at the Tesla boss and Donald Trump.
‘Nothing to see here’: Trump hails UK trade deal but issues unresolved
The deal would drop tariffs on British steel and allow for imports of UK cars - but full details have yet to be completed.
Two sides of the Trump coin: Crypto dealer and policymaker
World Liberty Financial has eviscerated the boundary between private enterprise and US government policy in ways unprecedented in modern American history.
Yesterday
Price wants Liberal leadership role, former MP reveals cancer diagnosis
Jacinta Price ditches the Nationals for a potential top job; Former Liberal MP diagnosed with rare cancer; Greens leader Adam Bandt concedes. Follow live
Big law firms shy away from pro bono cases fearing Trump
Legal giants in the US are turning away from some matters in an attempt to stay on the right side of the new administration.
Kooyong race tightens; How Zoe Daniel lost; Fed’s game of chicken
Read everything that’s happened in the news so far today.
Don’t be fooled. Americans still love Trump
The revolt against him isn’t huge, and it isn’t about constitutional principle.
Is America about to nuke its own currency?
Although the dollar’s role as the world’s leading reserve currency plays a part, it is just one of many factors contributing to the US’ persistent trade deficits.
This Month
Prudent investors are cautious about Trump’s America
The uncertainty created by Trump has made allocating capital to the US a more difficult proposition. Investors would be wise to calibrate their US positions.
KKR cuts ties with Turnbull after Trump attack
The global asset and private equity giant ended its arrangement with the former prime minister earlier this year.
US-China talks seek to save face, and their economies
Tariff negotiations between the two superpowers this weekend offer the prospect of retreat from a full-on trade war. But will the market’s sense of relief prove premature?
Why the US’ influence on Australian business should worry us all
Australian businesses are delaying spending decisions, which is a cause of anxiety for everyone.
The real cost of a weak US dollar is coming for everyone
If the United States wants to help manufacturing and export workers and also have a weak dollar, it should think hard about what policies can lift America and the rest of the world together.
Ackman slams Harvard for failures, calls for removal of management
The Pershing Square founder singled out Penny Pritzker, who leads Harvard Corp, for mismanaging the university’s finances and relationship with the government.
US trade deficit smashes record as firms race to beat Trump tariffs
Imports are flooding into America ahead of the new levies, pushing the imbalance between it and exports to an all-time high of $215 billion.
Trump could force investors to dump US dollar, says Future Fund
The sovereign wealth fund said there was more risk in US investments, and even though America remained attractive the fund was looking toward Europe, Japan and Australia.
The tech giants reaping billions – and complaining about Australia
A handful of the world’s biggest companies made $15 billion from Australians last year and sent most of that offshore while urging Donald Trump to intervene.
Tariffs force Bank of England to mull faster pace of cuts
Most economists believe Britain’s central bank will switch to a dovish stance after judging that Donald Trump’s tariffs will weigh on growth and temper inflation.
Emily’s in Paris. Macron wants a Netflix there too
Information is power and so is entertainment. With Donald Trump now threatening tariffs on films, Europe needs the equivalent of an Airbus for streaming.
Huawei is catching up with Nvidia, with some help from the US
The AI chip war has entered a new phase: Nvidia has been blocked from China, and Huawei is cashing in. Perhaps there’s room for two global champions.