Today
Wall St plunge, bond ‘crisis’ show investors are losing faith in Trump
The president’s sprinkles of compromise are no longer enough to override the realisation that the economic effect of the war – and the fighting – will stick around for a while yet.
Yesterday
Rinehart cheers young Aussies on MAGA fact-finding mission
Young Australian conservatives backed by entrepreneur Steve Baxter bumped into Australia’s richest person in Texas at a politician action conference.
After Trump’s rebuke, Washington insider backs Albanese’s war effort
The US president hit out at Australia’s war effort, as he again extended a deadline for Tehran to open the Strait of Hormuz or face strikes on its power plants.
This Month
Trump insists Iran desperate for a deal as crisis deepens
Iran’s foreign minister insisted peace talks with the US were not under way, contradicting the White House as the war’s economic and humanitarian toll mounted.
Here’s what Trump’s former Iran tsar makes of the current conflict
Brian Hook once managed relations with Iran. The Cerberus vice chairman is now hunting investment opportunities in an “era of great power competition”.
Don’t be fooled, Trump is not done with the war yet
Nervous investors are desperately seeking signs that the US president is headed for an off-ramp, but the latest events are not evidence that a ceasefire is close.
Iran targets Israel and Gulf states as Trump looks to calm markets
The US president’s assertion that Iran was keen on a deal – and he was postponing power-plant attacks – was disputed almost immediately by Iran.
Israel launches new wave of attacks on Tehran
The IDF has launched “a wide-scale wave of strikes” on infrastructure targets in the Iranian capital as US command chief warned civilians to “stay inside”.
‘Surprised they said no’: Trump urges Australia to help in Iran
Donald Trump is urging the Albanese government to take a bigger role in the Middle East amid his growing disappointment in allies not stepping up.
Trump invokes Pearl Harbour ‘surprise’ after Japanese PM offers help
Japanese PM Sanae Takaichi offered to help Donald Trump broker relations with allies to end the war in Iran, which she warned was a “big hit” on the economy.
With no clear way out, Trump is tipped to escalate in Iran
Facing a MAGA fracture, angry voters and upset allies, the president appears ill-prepared to manage the widening fallout of the war and without a road map out.
‘Nobody knows’ the economic hit from Iran, says an uncertain Powell
The US central bank chairman said rising oil prices would push up inflation, but the duration and scope of that upward pressure were unknown.
Can Sydney’s burrito king conquer the $676b US fast food market?
In Australia, Guzman y Gomez is a juggernaut. But cracking Chicago, let alone the rest of the US, is proving a challenge for chief executive Steven Marks.
Rio, BHP court win unlocks land for mega US copper mine
Rio Tinto and BHP’s legal win was a milestone in their bid to establish a copper mine in Arizona that has been caught in legal tangles for more than a decade.
Big super’s Silicon Valley jaunt an AI wake-up call of a lifetime
Ostensibly opening doors for major asset managers, the US summit is also an opportunity to hear what is keeping the world’s largest investors awake at night.
How Trump’s war ends: Four scenarios for investors from The Mooch
The former White House communications director turned tough critic, Anthony Scaramucci sees four ways the war in Iran could conclude, but all of them end with Trump declaring victory.
Trump may ask allies for help in Iran. Voters say that’s a good move
A new poll shows nearly half of Americans say that allies who publicly back a military operation, as Australia has, should also send their own troops.
The $105m lawsuit trailing Macquarie’s big US data centre deal
Two days before Macquarie sold Aligned’s network of 50 data centres for $56.2 billion, a legal letter was sent that picked a fight with the City of Phoenix mayor.
Don’t mention the tariffs: US trade tsar’s warning to Aussie super funds
United States Trade Representative Jamieson Greer said the US welcomed super’s investment, but didn’t want to hear complaints about Donald Trump’s tariffs.
Panic buying, not supply constraints, causing fuel shortages: Bowen
Minister says fuel security is strong, but instructs his department to issue him with daily updates on reserves, rather than the usual quarterly briefings.