Euro falls to a 17-month low as European fiscal and political strains build
The euro hit its weakest level against the dollar in 17 months as French deficits and a snap Spanish election unsettled investors.
Mainstream News
Trump orders one-time Medicare payments to more than 20 million seniors
The White House puts the figure at $90 a head for Part B premiums; the president said the checks would be nearly $100.
G7 agrees to release 100 million barrels of oil and diesel
The coordinated release follows a US threat to ban diesel exports and record pump prices in Britain.
G7 agrees to release 100 million barrels of oil and diesel
The coordinated drawdown begins with diesel and is meant to head off further price spikes and a US export ban.
UK diesel hits a record 198.32p a litre as Trump’s export-ban threat unsettles Europe
Pump prices in Britain reached an all-time high while European officials worked to head off a US ban on diesel exports.
SpaceX Starship reaches orbit for the first time and ends in flames
The rocket deployed Starlink satellites on its first orbital flight, then exploded moments after splashdown in the Pacific.
Court orders the White House to restore access for banned news outlets
A federal judge granted a temporary restraining order returning press credentials to CNN, MS NOW and Politico.
First US-Iran Talks in Months Send Crude Lower
Oil prices fell after American and Iranian officials met on the sidelines of the United Nations General Assembly.
Warren Buffett steps down as Berkshire’s chairman
The board seat passes to Howard Buffett, less than a year after Greg Abel took the chief executive role.
Warren Buffett steps down as chairman of Berkshire Hathaway
The company said Buffett is leaving the board’s top job less than a year after handing the chief executive role to Greg Abel, with his son Howard becoming chairman.
Trump lifts the Irish whiskey tariff at a golf tournament
The president announced the carve-out at the close of the Irish Open, and Brussels responded by asking for more.
Trump’s $5,000 dividend meets Congress and its own arithmetic
The Speaker says the checks need legislation; the administration says they will not cost taxpayers anything.
Diesel passes $6 a gallon for the first time
The White House is weighing the Defense Production Act to expand refining capacity as crude holds above $100 a barrel.
Trump Pledges $5,000 Payments to Every Adult Citizen if Republicans Hold Congress
The president told the Republican midterm convention that every adult US citizen would receive $5,000 if his party keeps control, a payout costed above $1 trillion.
AfD’s record 44% in Saxony-Anhalt reaches from Berlin to the ECB succession
A state election result has become a national and European question, with Germany’s chancellor weakened and the next central bank presidency in play.
AfD’s record Saxony-Anhalt result puts Germany’s firewall to its biggest test
The far-right Alternative for Germany took 44% in a state election, leaving it within reach of leading a German state government for the first time since the Second World War.