Departure comes as the president weighs whether to resume strikes on Iran
Markets expect US central bank to lift borrowing costs by end of year as Iran war intensifies inflation
Move to tighten permanent residency requirements could have significant implications for businesses
President says senators who object to his $1.8bn fund for alleged victims of ‘lawfare’ are ‘screwing the Republican Party’
Satellite images show at least 50 military tanker planes parked at the airfield in May
Asim Munir joins mediators including Qatar as effort to prevent resumption of full-scale war intensifies
Trump’s pre-emptive attacks are a traumatic break with the ideals of a globalised world but the playbook is not new
A key feature of the annual stress test for US banks is being undermined
The fate of the president’s Republican critics shows that today’s GOP is a personality cult — nothing more
From air strikes to a naval operation, the US president has no simple way to force Iran to yield
Anti-lawfare fund could offer payouts to president’s allies and Capitol rioters
Elon Musk’s company demonstrates the technology at the heart of the biggest initial public offering in history
Lincoln International may not be a household name but it occupies a niche in the market
Ordinary investors can at last bet directly on AI’s potential — with caveats
Petr Pavel, a former Nato general, says allies need to get ahead of Donald Trump setting his own deadlines
We think US and UK rates will probably stay on hold this year despite higher energy prices
They’re too complex for me too — but here are five common traps to avoid
Also in this newsletter: Europe’s Iris² project should get a slice of satellite frequencies
Michael Grimes of Morgan Stanley had been widely expected to run SpaceX’s flotation
Largest US bank in discussions over risk transfer as PE firms grapple with prolonged slowdown
Backers of Enhanced Games hope to use event to market performance-enhancing drugs to a wider audience
As CEO NP Narvekar nears retirement Ivy League fund will have to reckon with expansion into sluggish private holdings
US may produce more oil than it consumes but banning exports would be extremely complicated
Western automakers are taking advantage of Chinese overcapacity to export lower-cost vehicles to their home markets
After gutting USAID, Washington is striking transactional deals that some critics liken to ‘recolonisation’
Elon Musk’s conglomerate warned in IPO filing that its strategy was ‘highly dependent’ on the massive rocket
Senators postpone vote on bill because of ‘concern’ over the $1.8bn earmarked for alleged victims of ‘lawfare’
US retail giant’s shares plunge after saying it absorbed higher fuel expenses to hold down prices for consumers
Lack of unity caused party to haemorrhage voter confidence, according to the report’s author
President refuses to approve order hours before planned signing due to fears US innovators will lose out to China
Passive investors set to dump billions of shares to make way for new stocks
Pakistani mediators expected to travel to Tehran as diplomacy to end conflict intensifies
Celebrated tech banker lost influence over Elon Musk’s blockbuster listing amid stint in Trump administration
Shares in world’s most valuable company slip despite announcing better than expected revenue and forecasts
Elon Musk’s rockets-to-AI conglomerate lays out its ambitions
Bipartisan bill aims to restrict Scott Bessent’s use of $219bn Exchange Stabilization Fund
