Paige McNamee
Overnight editor
Plus: Goldman Sachs historic profit leads 17% trading jump by top banks; US economy shows slight growth as tariff costs mount; Trump attacks supporters over Epstein backlash.
Plus: Bank bosses say US economy holding up as profits rise, BlackRock sinks; Nasdaq hits record as Nvidia to resume China AI chip sales; Trump announces energy, tech and Indonesia trade deals.
Plus: Bitcoin tops $120k as Washington kicks off ‘crypto week’; Powell seeks review of US$2.5b Fed HQ amid Trump pressure; Analysts forecast 10% drop in IB revenues.
Plus: Musk’s SpaceX to pour US$2b into Xai, says WSJ; EU and Mexico race to avert Trump’s 30% tariff; US online sales jump 30% to smash forecasts in US$24b spree.
Plus: Trump sends ‘alpha male’ ex-Young Lib to Malaysia; Ferrero agrees to buy WK Kellogg for US$3.1b; All staff exit Macquarie-backed LNG firm WaveCrest, says Bloomberg.
Plus: X CEO Yaccarino announces plan to step down; Trump issues new tariffs on 7 countries; OpenAI is building a browser to rival Chrome, says Reuters.
Plus: RBA says Australia’s key risk is China, not US; Spotify warns local quotas could spark global trend that backfires on Aussie artists; SpaceX set for US$400b valuation, says Bloomberg.