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Latest news from trusted sources around the world

Goldman Sees Fed Cuts Delayed to December, March on Inflation
Economy Bloomberg
Goldman Sees Fed Cuts Delayed to December, March on Inflation

Goldman Sachs said it pushed back expectations for the US Federal Reserve’s next two rate cuts by one quarter to December 2026 and March 2027 …

Iran War Drives Africa’s Fertilizer Crisis
Economy Bloomberg
Iran War Drives Africa’s Fertilizer Crisis

Africa’s farmland could be worth $1 trillion, but global shocks are raising the stakes. Fertilizer shortages, rising costs and supply disruptions are putting pressure on …

China’s Energy Imports Plunge as War Chokes Hormuz Shipments
Economy Bloomberg
China’s Energy Imports Plunge as War Chokes Hormuz Shipments

Chinese energy imports fell sharply in April, as the near-halt to shipments through the Strait of Hormuz choked a vital channel for crude oil and …

Economy Financial Times
Photo London 2026

To mark this year’s fair, we invited four artists to show us the capital through their eyes. Plus: feminist photo collage, Thomas Duffield on father-son …

Economy Financial Times
The Iranian ‘mosquito fleet’ taking on the mighty US Navy

Tehran’s hundreds of small, fast boats are vital in maintaining its stranglehold on global energy markets

Economy Financial Times
WHSmith’s new owner makes a contrarian bet on the UK high street

Modella Capital plans to cut as many as 150 WHSmith stores out of the 480 it acquired and bring in new goods and services

Economy Financial Times
Modi’s extraordinary comeback

Two years after losing its majority, the BJP is taking opposition strongholds, paving the prime minister’s way for a fourth term

Economy Financial Times
Inside the White House’s most inscrutable marriage. (No not that one)

What the union of Stephen and Katie Miller says about Maga world

Economy Financial Times
Trump, Xi and the bid for a ‘grand bargain’ between superpowers

As the US president prepares to visit Beijing, America no longer holds all the cards — but China knows it must tread carefully

BlackRock Readies Launch of Two Tokenized Money-Market Funds
Economy Bloomberg
BlackRock Readies Launch of Two Tokenized Money-Market Funds

BlackRock Inc. is planning to launch two money-market funds built for investors who hold their cash in stablecoins, not bank accounts, a sign the world’s …

Economy Financial Times
Turkey unveils new ICBM — touted as able to hit the US …

Promotional AI video showed Yıldırımhan missile seemingly striking nuclear sites in America well beyond its range

Economy Financial Times
Starmer clings on as Burnham lies in wait after Labour’s dire elections

Greater Manchester mayor is hoping to challenge prime minister for party leadership

Shaquille O'Neal on Partnership with Authentic Brands
Economy Bloomberg
Shaquille O'Neal on Partnership with Authentic Brands

NBA Hall of Famer Shaquille O'Neal & Authentic Brands CEO Jamie Salter discuss the launch of 'Dunkman,' a new dunk league aiming to compete with …

Honeywell-Backed Computing Firm Quantinuum Files for US IPO
Economy Bloomberg
Honeywell-Backed Computing Firm Quantinuum Files for US IPO

Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., filed for a US initial public offering, capitalizing on enthusiasm around quantum computing stocks.

Economy Financial Times
Farage’s Reform UK still has electoral obstacles ahead

Party performed strongly in council polls but path to general election victory is probably be more perilous

Economy Financial Times
US adds 115,000 jobs in April as labour market shrugs off energy …

Hiring exceeds Wall Street forecasts for second month in a row

Fed Sees Private Credit Redemptions as ‘Manageable’ Risks
Economy Bloomberg
Fed Sees Private Credit Redemptions as ‘Manageable’ Risks

The Federal Reserve said stability risks from further private credit redemption requests appear “limited and manageable,” after some of the biggest names in the market …

Economy Financial Times
LNG carriers test Iran blockade in Strait of Hormuz

Pakistan cancelled plans to buy cargoes on spot market because it expected Gulf shipments to resume

Waste Industry Is Recession-Resilient: Republic Services
Economy Bloomberg
Waste Industry Is Recession-Resilient: Republic Services

Republic Services CEO Jon Vander Ark joined Bloomberg Open Interest to break down why the waste industry thrives even in downturns. He calls it “recession-resilient” …

Economy Financial Times
Election special: snap analysis

Voters hammer Labour and splinter from the main parties

Economy Financial Times
Starmer defies calls to quit after heavy Labour council losses

Nigel Farage’s Reform UK makes gains in English local elections

Economy Financial Times
Markets are banking on the ‘Bliss trade’

A belief in resilience underwritten by big lasting state support is keeping stocks high

Economy Financial Times
EU prosecutors probe France’s Bardella over alleged misuse of funds

Far-right Rassemblement National leader accused of wrongly paying for media training

Economy Financial Times
Five things we learnt in the UK elections

The results are a blow to Keir Starmer and evidence that the political landscape is fragmenting

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