Today
Biden fights back after Druckenmiller’s reckless spending lambast
Campaigning in a key state, Joe Biden defended his government’s massive government industry subsidies from critics including the billionaire investor.
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This Month
Biden says ‘order must prevail’ as US college arrests top 2000
The US president has broken his silence, calling for order on college campuses where protests against Israel’s war are escalating and some have turned violent.
Powell signals rates will stay higher for longer
The US Federal Reserve has kept rates unchanged but chairman Jerome Powell said inflation was still too high despite “sufficiently restrictive” policy.
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- Opinion
- Monetary policy
Powell bristles at election influence on rate cuts
The Federal Reserve chairman has taken umbrage at suggestions monetary policy decisions will be influenced by the US presidential election.
April
- Analysis
- Donald Trump
The Aussies behind Trump’s ‘catch and kill’ trial
Journalist Lachlan Cartwright thinks he is at the top of any list to be “sent to the gulag” if Donald Trump returns to the Oval Office in November.
Chalmers says ‘big’ investment in subsidy plan won’t push up inflation
Treasurer Jim Chalmers has defended the government’s green industry subsidies plan, joining other countries protecting itself from China’s race to the bottom.
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- Aviation
KordaMentha runs the ruler over Bonza as its Miami PE owner wavers
Sources close to discussions said the corporate restructuring specialists had not been appointed as administrators, but to provide financial advice.
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Biden triples tariffs on Chinese steel and aluminium, denies trade war
US President Joe Biden defends the move, while US Trade Representative Katherine Tai says the US will monitor any impact on Australia.
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Israel considers next move as US urges restraint
The US has highlighted its role in helping Israel thwart Iran’s aerial attack as Joe Biden convenes G7 leaders in an effort to coordinate a global rebuke of Tehran.
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Israel repels Iran’s drone, missile attack
Israel vowed victory against its enemies on Sunday after thwarting Iran’s unprecedented drone and missile attack on Israeli soil that threatened to push the Middle East into a regional war and upend global markets.
- Updated
Trump flexible on AUKUS subs: Republicans
Republicans have signalled that Donald Trump is likely to back the AUKUS submarine sale deal with Australia if he is elected president in November.
- Analysis
- Inflation
Why the war on US inflation is far from over
Rent hikes are playing an increasingly large role in American price rises. That’s a political headache that President Biden does not need heading to the election.
AUKUS moving too fast on Japan: top Republican
A high-ranking Republican senator said Japan should not be included in AUKUS until Australia gets approval to receive secret technology under the agreement.
Australia, Japan, US agree to missile pact against ‘rising threats’
The three countries have agreed to co-operate on a networked air defence architecture to counter China’s aggression in the Pacific.
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Markets cut rate cut bets as US inflation rises to 3.5pc
Stubborn inflation driven by fuel and rent has raised concerns of a resurgence in consumer prices and slashed expectations the Fed Reserve will start cutting rates in June.
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First Japan, now Canada wants in on AUKUS
China says AUKUS plans to broaden participation in its military technology sharing agreement is “stoking bloc confrontation”.
- Updated
- Opinion
- US politics
How making abortion a state issue could work for Trump
After winning favour with the evangelical right, the former president’s latest policy on abortion is all about appeasing Republican moderates, particularly the suburban women he has lost.
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AUKUS partners eye adding ‘like-minded’ Japan to counter China
The announcement from the AUKUS defence ministers came as Canada said it was considering joining the pact, signalling concern over threats from China.
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Trump’s Fed chairman option opposes rate cuts this year
Kevin Hassett is a frontrunner to become Federal Reserve chairman if Donald Trump is elected. He says inflation remains sticky and isn’t being measured properly.
- Analysis
- Biden's White House
Who is winning the US and China ‘chip war’?
President Biden is committed to victory over China when it comes to semiconductors. But it’s not a straightforward process.