Today
White House to pay migrants $1500 to leave US
The administration said it would help pay for travel costs for people who are in the US illegally, calling on them to “self deport”.
America is just weeks away from a mighty economic shock
Unlike backward-looking economic data, global shipping is tracked in real time and trade between China and America is already sinking.
Yesterday
Return to Alcatraz: Trump wants to reopen historic prison
The president’s directive to rebuild and reopen the long-closed penitentiary is the latest salvo in his effort to overhaul how federal prisoners are locked up.
Trump rules out firing Powell, urges him to cut rates
The president also said he is willing to lower tariffs on China at some point, and was unclear if he needed to uphold the constitution, in a TV interview.
Trump orders 100pc tariff on all movies made overseas
It’s not clear how such a tariff would work, nor how movies would be valued for tariffs, but the move could have strong implications for Australia’s industry.
Cook, Dimon praise inspirational teacher Buffett
Luminaries from the technology and banking worlds rushed to praise the man whose lessons they partially credit for their success.
Abel faces tough task running Berkshire after Buffett
The handpicked successor inherits a record cash pile – but will be scrutinised more than the “Oracle of Omaha”.
This Month
Trump posts image of himself as Pope
The idea of ‘Pope Trump’, as some called it, was immediately polarising. Some Catholics did not see the humour in it.
Musk gets his wish: SpaceX launch site approved as city of ‘Starbase’
A vote to formally organise Starbase as a city was approved by a lopsided margin among the small group of voters who live there and are mostly employees at SpaceX.
Warren Buffett devotees say farewell at poignant Omaha ‘pilgrimage’
Many had feared this moment was coming. The man himself delivered the news in his usual casual manner, slipping it in during the final five minutes.
Warren Buffett’s best and worst investments over 60 years
Success made him a Wall Street icon. It also earned him the nickname “Oracle of Omaha”, a reference to the Nebraska city where he was born and chose to live and work.
Warren Buffett caps a career built on humility
Operating in an era replete with purported Wall Street soothsayers, the 94-year-old Buffett always rejected the idea that anyone – even him – could predict the future.
Who is Greg Abel, the executive picked to succeed Warren Buffett?
The Canadian will take responsibility for Berkshire’s eclectic assortment of businesses, with their nearly 400,000 employees, and a massive stock portfolio.
White House seeks to slash billions in Trump’s 2026 budget plan
Donald Trump has unveiled a plan to cut billions from the US budget, including decimating international aid, education and healthcare departments.
Canada’s Carney set to meet Trump next week
It will be the first meeting between the US and Canadian leaders since Mark Carney won a general election by promising to fight back against Trump.
US job market shows surprising resilience
Wall Street jumped after employers added a better-than-expected 177,000 jobs, suggesting the impact of Donald Trump’s tariffs haven’t impacted the labour market yet.
Sacked Waltz was a key adult in Trump’s room
National security adviser Mike Waltz spoke with moral and strategic clarity. His sacking means good foreign policy advice for Donald Trump grinds to a halt.
Trump sacks Waltz over Signalgate in first shakeup of presidency
National security adviser Mike Waltz was abruptly removed from his role, although tensions had been building for weeks in the White House.
Apple’s chaotic month culminates in tariff-focused earnings test
Today’s earnings come at a time of uncertainty for Apple, after a month which saw enormous swings in the stock.
Ten thinkers on what to make of Trump’s 100 days
Ten experts assess the start of Trump’s second term – to make sense of all that has happened so far and what might come next.
How Wall Street got Donald Trump wrong
Titans of finance and business are beginning to realise they misread the president’s second-term priorities.
Pratt pumps billions into Trump’s America in White House meet
The cardboard king says the $7.8 billion investment will result in 5000 new manufacturing jobs across the US.
Trump concedes tariffs politically risky as economy contracts
The US economy contracted by an annualised 0.3 per cent over the first quarter, as US companies responded to Trump’s trade war by rushing to import goods.
How AI and Wall Street beat Trump at his own game
Even if Mickey Mouse were president, the US would still be on the way to 4 per cent growth because private-sector innovation promises to offset bad policies and erratic policymaking.
April
Mark Carney won, but there will be no honeymoon
The newly elected PM told Canadians he was the right person to stand up to Donald Trump and boost the country’s lacklustre economy. Now he has to do it.