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Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectations
Move comes as Biden administration begins parcelling out funds unlocked by Congress this week
There were doubts the 2024 US election rivals would agree to the traditional televised face-off
Settlement resolves second of Berkshire Hathaway’s three big legal entanglements over the past year
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controls
Financial companies scramble to rework contracts and tie down personnel after US Federal Trade Commission rule
As polls show the race tied, the president is campaigning around the country and his opponent is stuck spending his days in a Manhattan courtroom
Politicians, faculty and students turn ire on veteran economist amid Gaza war demonstrations
Western policymakers ignore changing global power relations at their peril
Investors say president’s austerity measures are needed before economy turns the corner
Governments rarely tell voters the true cost of military adventures, or how they intend to pay for them
Social practice — artists’ community-based work — is about exploring the world outside the white cube
Independent Art Fair’s curatorial adviser believes New York’s art market is still growing even during an industry slowdown
The fair arrives as galleries, braving a downturn, find new ways to collaborate. Also: interviews with artists Amalia Mesa-Bains and Charisse Pearlina Weston, a profile of gallerist Ales Ortuzar and much more
Ortuzar Projects represents only 14 artists, all with low US profiles
The combination of slower growth and nagging inflation is an unsettling mix
Also in this newsletter: US inflation higher than expected, panic on Wall Street, science round-up
An aversion to trade in the US is not widely shared elsewhere
Research is finding ways to extend animal lifespans but regulators are still wary of treating ageing as a disease
With revenues having more than doubled since 2019, to $10bn, US pharma group targets painkillers
English-speaking countries generally do better at both attracting and integrating talent
It is high time we normalised conversations about money
Seoul’s industry minister says China’s grip on graphite threatens Inflation Reduction Act incentives
Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technology
Several justices appear sceptical of expansive reading but also question distinction between official and private acts
Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costs
State appeals court found mistakes in prosecution of former film mogul that gave momentum to #MeToo movement
Markets no longer fully confident of move by September following new growth and inflation data
More than halfway through its incentives spending, the US will have far greater scope to manage shocks
Eighteen countries call on Hamas to free captives and secure ‘immediate and prolonged’ ceasefire
Also in today’s newsletter, as traders build up bets of another rate increase we consider what it means for Biden
Keeping growth companies onshore would boost the FTSE and the UK economy
Biosecure Act would prohibit American companies receiving federal grant money from working with some Chinese groups
Industry faces 2039 deadline on the dirtiest energy source but existing gas plants escape present standards
EU resistance to confiscation is unsustainable
Doubts over the credibility of economic and corporate statistics
International Edition