Republicans can only afford to lose three votes to secure a simple majority, with all Democrats opposed
Donald Trump’s trade policies and rising debt levels have sparked decline of more than 10% in first half of 2025
Slashed US aid agency’s funding is expected to harm the fight against diseases including malaria and HIV/Aids
Companies that build industrial-scale wind and solar hit hardest while those in residential sector rally
Ruling comes amid possibility of settlement between White House and Ivy League university
President’s executive order also reviews Damascus’s designation as state sponsor of terrorism
Republican angst over legislation’s impact on debt and cuts to healthcare is slowing its progress
The continent could be poised for a record summer as Americans pour in and Europeans holiday close to home
America must rebuild the infrastructure that underpins markets and thus supply chains
To date, the Trump shock is that he has had so little impact
It’s a family affair
President’s 90-day pause on reciprocal levies expires on July 9
Plus, Meta’s big private credit talks and what next at BP?
Latin America’s top economies in talks to build on existing agreement
After abandoning its IPO plans, fintech Klarna transforms its business model
Former Lockheed finance chief will replace Brian West in August
Retailer’s offer slows effort by billionaire Brad Jacobs to create construction materials empire through QXO venture
Data centre group says business from unnamed new client will start to generate revenue by 2028
Tech giant to purchase from US-based Commonwealth Fusion Systems in only second such deal in nascent sector
Scientists say the atmospheric phenomena have almost tripled in strength and duration since 1950s
Despite bipartisan distaste, the ‘carried interest’ distortion refuses to die
Trump says last week’s ruling in the birthright citizenship case is a ‘monumental victory’ for his administration — he might be right
Company moves closer towards launching its first commercial service in the emirate
Without more military aid, Kyiv’s situation on the battlefield could deteriorate rapidly
Political will cannot be magicked into existence by replacing the WTO
President seeks to pass legislation before July 4 holiday after weekend of fraught negotiations
Atmospheric pattern gets more common as planet warms
Factory contraction highlights pressure on policymakers to boost domestic demand amid trade war
Also in this newsletter: Could late entrants to the Eurogroup race take Paschal Donohoe’s crown?
Additional customs inspections cause long delays that threaten to disrupt global supply chains
Barges and container ships face unusually long waits at major hubs with problems expected to last several months
Millennium, Point72 and Third Point among those seeking to push into popular asset class
S&P 500 has outstripped rival global indices in the second quarter as tariff turmoil fades
US and European industry executives say high electricity prices are holding back efforts to rekindle domestic industry
The world needs to galvanise to protect the financial system
Once ascendant online retailers are shifting focus to Europe as US-China trade dispute takes a heavy toll
