Pentagon had held up critical weaponry over fears that American stockpiles were running low
Trump’s campus clampdown and tougher rules on visas threaten to cut lucrative international applications
White House extends deadline for ‘reciprocal’ levies from July 9 to August 1
Senator Chuck Schumer calls for investigation into National Weather Service as death toll surpasses 100
Tesla shares fall as billionaire’s vow to set up a rival political movement rattles investors
Billionaire investor offers no significant details but suggests key congressional races will be initial targets
The nation of immigrants’ shift to mass deportation is among the most shocking turns in US history
The emissions-friendly watercraft industry is struggling to bring recreational sailors and freighters on board
I’ve never seen as many potentially market moving vectors simultaneously in play
Donald Trump’s policy agenda does not address Republican economic realities
Focusing on artificial dyes and seed oils misses the true culprit — excess toxic fat
US president hails ‘tremendous success’ with Israel and claims progress on plan to move Palestinians out of Gaza
And that might become a problem
Plus, CoreWeave’s next financial engineering play and dealmakers are liberated from deal activity in Q2.
The country’s latest sanctions are proving far more effective than prior efforts
None of the largest US buyout firms proceeded with traditional June recruiting after JPMorgan chief objected
Complaints made against Swiss bank over losses on foreign exchange derivatives in wake of US tariff announcements
Artificial intelligence group has added fingerprint scans and hired military experts to protect important data
Centerview and Evercore are among those trying to end dominance of Lazard and Rothschild
Groups left hanging with unpaid bills by Elon Musk’s efficiency drive turn to bridge loans for survival
Billionaire’s intervention, which he claims is needed to combat ‘one-party system’, rattles investors
Deadline for countries to sign deals with Trump expires on Wednesday
Masoud Pezeshkian says he would be open to renewed dialogue with the US over country’s nuclear programme
Xu Zewei suspected of links to Beijing-backed group accused by Washington of stealing Covid-19 vaccine secrets
Wall Street firm hits back after being banned and ordered to return more than $550mn of ‘illegal gains’
A more fragmented media landscape means the second presidency could be a double-edged sword
US group set to be one of world’s top metals streaming companies once transactions close for Sandstorm and Horizon
Axon’s 60% gross margin highlights profitability of supplying police gadgets
Tie-up brings together former bitcoin miners that have pivoted to satisfying demand for high-performance computing
Move to replace Kyiv’s ambassador to Washington expected to come alongside major wartime cabinet reshuffle
The public markets giant now owns HPS. Its previous deal for Tennenbaum Capital Management has a troubled history
The EU in particular has failed to stick to a strategy
Washington prepares for end of 90-day pause on steep ‘liberation day’ levies
LG Energy Solution estimates $360mn in operating income in boost from projected $1mn without credit
Plus the budget and renewable energy
Also in this newsletter: Why von der Leyen will win the parliament battle but risks losing the war
