Trump's ongoing influence on tax policy, trade disputes and tariffs, media relations, and international affairs like NATO and energy initiatives are prominent.

• Trump Administration Tells Congress to Kill ‘Revenge Tax’ From Policy Bill — The New York Times Business -
• UK vehicle production hits 76-year low in May as Trump tariffs bite — Financial Times -
• US Treasury asks Congress to scrap foreign revenge tax in Trump bill — Financial Times -

• Opinion | Trump Bombs the Leak Machine — Wall Street Journal -
• Trump Threatens to Sue The New York Times and CNN Over Iran Reporting — The New York Times Business -
• Ford Will Keep Battery Factory Even if Republicans Ax Tax Break — The New York Times Business -
• Trump Administration Asks McKinsey, BCG to Justify Consulting Contracts — Wall Street Journal -
• Trump Mobile quietly drops ‘Made in America’ smartphone promise — Financial Times -
• Merz ‘delusional’ over US sparing German cars in EU trade deal — Financial Times -
• The Alaska Town at the Center of Trump’s $44 Billion LNG Push — The New York Times Business -
• US goods exports tumble by most since 2020 as Trump’s tariffs disrupt trade — Financial Times -
• Nato victorious in its battle to win over Donald Trump — Financial Times -
• Trump Goes to Bat for Big Oil on Climate Rules in EU Trade Talks — Wall Street Journal -
• Investors on Edge About a Potential Shadow Fed Chair — The New York Times Business -
• Trump calls on Israel to cancel Netanyahu’s corruption trial — Financial Times -
• The economic consequences of Trump’s second coming — Financial Times -
• Spain’s PM Sánchez at risk as Nato gamble sparks Trump’s ire — Financial Times -
• Should the Government Stop Subsidizing a Car Feature That ‘Everyone Hates’? — The New York Times Business -
• UK to focus new trade strategy on boosting services exports — Financial Times -
• EU leaders shift from defence to trade as Trump looms over Brussels summit — Financial Times -
• US strikes on Iran force China to reconsider Trump’s isolationism — Financial Times -
• Mediator puts forward $20mn Paramount settlement with Trump — Financial Times -
• Bezos and Blue Origin Try to Capitalize on Trump-Musk Split — Wall Street Journal -

Major corporate announcements include Nike's financial surge, Tesla's executive departures, potential oil industry mergers, and strategic moves by media giants like Apple and Amazon MGM, alongside private equity deal-making.

• Nike shares surge 10% on turnaround hopes despite worst results in years — Financial Times -
• Longtime Musk Aide and Fixer Omead Afshar Leaves Tesla — Wall Street Journal -
• Anna Wintour Cedes Vogue Editor in Chief Title But Will Retain Editorial Control — The New York Times Business -

• Anna Wintour Is Stepping Down as Editor of American Vogue — Wall Street Journal -
• Private equity firm HIG targets £800mn for sale of ex-KPMG restructuring unit — Financial Times -
• Shell in Early Talks to Acquire Rival BP — Wall Street Journal -
• CoreWeave in Talks to Buy Core Scientific — Wall Street Journal -
• David Murdock, Corporate Investor Who Made Nutrition an Obsession, Dies at 102 — Wall Street Journal -
• Private equity-backed Visma picks London for blockbuster tech IPO — Financial Times -
• Can Brad Pitt’s ‘F1’ Movie Finally Deliver Apple a Big-Screen Hit? — Wall Street Journal -
• Amazon MGM Studios names Denis Villeneuve as next James Bond director — Financial Times -

Global financial markets are navigating central bank policies and regulatory shifts, with concerns over US debt and inflation impacting bond markets, while Europe reworks bank failure rules and experts analyze potential financial crisis triggers.

• Wall Street’s Regulatory Reins Start Loosening as Fed Proposes New Rule — The New York Times Business -
• Private credit joins the US tax-break treasure hunt — Financial Times -
• White House says decision on nominating next Fed chair not ‘imminent’ — Financial Times -

• Luxury credit card arms race is a sign of the times — Financial Times -
• EU strikes deal to overhaul bank failure rules — Financial Times -
• FirstFT: Investors flee US long-term bonds at swiftest rate since Covid-19 — Financial Times -
• A resilient economy makes a resilient market — Financial Times -
• Wall Street’s new battle: DSAs vs CFAs — Financial Times -
• How the next financial crisis starts — Financial Times -
• Fears over US debt load and inflation ignite exodus from long-term bonds — Financial Times -
• Markets should watch out for the summer fling — Financial Times -
• Italian bank share deal smacks of industrial policy — Financial Times -
• Investors press South Africa to lower inflation target — Financial Times -
• German watchdog says Wirecard mistakes have made it more willing to ‘step on toes’ — Financial Times -
• How Countries Go Broke — Ray Dalio on why timing is everything — Financial Times -

International relations are strained due to conflicts in the Middle East, affecting humanitarian aid and energy prices, alongside US-China tensions over trade and Taiwan's defense strategies, and the evolving global landscape of warfare.

• FirstFT: Iran’s uranium largely intact, early European intelligence suggests — Financial Times -
• Early intelligence suggests Iran’s uranium largely intact, European officials say — Financial Times -
• Israel halts food aid deliveries to northern Gaza despite famine threat — Financial Times -

• Khamenei says US bombing of Iran ‘did not achieve anything’ — Financial Times -
• How war became contagious — Financial Times -
• Taiwan develops suicide drones akin to Ukraine’s to defend against China — Financial Times -
• China Is Still Choking Exports of Rare Earths Despite Pact With U.S. — Wall Street Journal -
• Summer Gas Prices at 4-Year Low as Israel and Iran Agree to Cease-Fire — The New York Times Business -
• US businesses shy about attendance at China’s Davos — Financial Times -
• Military briefing: Israel and Iran size up war damage — Financial Times -
• Draw your own chart game: oil prices — Financial Times -
• Kyiv’s sleepless nights under fire — Financial Times -
• Why markets are unfazed by the Middle East conflict — Financial Times -

The UK's domestic economic landscape is shaped by Labour's welfare and tax proposals, record low foreign direct investment, reforms to financial and statistical institutions, and ongoing debates on industrial strategy and talent attraction.

• Starmer makes costly concessions to rebel MPs as he nears deal on welfare cuts — Financial Times -
• New FDI projects in the UK fall to record low — Financial Times -
• Minister promises to curb powers of UK’s financial ombudsman — Financial Times -

• Labour’s national insurance rise is contributing to job market slowdown, BoE governor says — Financial Times -
• UK to split leadership of statistics office during turnaround effort — Financial Times -
• Ed Miliband rejects £24bn plan to bring power from Morocco to UK — Financial Times -
• America’s brain drain can be Britain’s gain — if we move fast — Financial Times -
• Britain’s industrial strategy will not guarantee growth — Financial Times -
• ABF raises stakes in UK stand-off over bioethanol plant — Financial Times -
• A defeat Keir Starmer cannot afford — Financial Times -
• Labour’s blame game ignores what’s really missing at the top — Financial Times -
• UK worker rights overhaul among bills delayed until at least autumn — Financial Times -
• How Reform’s anti-asylum message won over Durham’s former mining communities — Financial Times -

Cutting-edge innovations are highlighted, with cryptocurrency impacting the housing market, AI investments facing scrutiny over profitability and content integrity, advancements in autonomous vehicle technology, and digital platforms navigating new competitive landscapes.

• Crypto Industry Moves Into the U.S. Housing Market — The New York Times Business -
• Apple to open App Store to competitors in EU as it seeks to avoid fines — Financial Times -
• AI returns have not yet justified investment mania — Financial Times -

• Takeaways From Hard Fork’s Interview With OpenAI’s Sam Altman — The New York Times Business -
• Tesla’s Robotaxi Launch Shows Google’s Waymo Is Worth More Than $45 Billion — Wall Street Journal -
• High-priced drones and Japan’s hidden AI champion — Financial Times -
• Reddit vows to stay human to emerge a winner from artificial intelligence — Financial Times -

Broader societal shifts impacting business include cyber security concerns, diversity initiatives in film, public health funding changes, environmental impacts and green energy struggles, evolving marketing in entertainment, and challenges in global real estate and retail security.

• Hawaiian Airlines Faces Cyber Issue, But Flights Still Operating Normally — Wall Street Journal -
• Bill Moyers, Presidential Aide and Veteran of Public TV, Dies at 91 — The New York Times Business -
• Prioritizing Diversity, Film Academy Will Widen Membership — The New York Times Business -

• Opinion | Can the U.S. Make Drunk Driving Disappear? — Wall Street Journal -
• You Know Who Else Wants You Back in the Office? Catering Companies. — Wall Street Journal -
• Temperatures reach dangerous highs as ‘heat domes’ hit US and Europe — Financial Times -
• Promise of Victory Over H.I.V. Fades as U.S. Withdraws Support — The New York Times Business -
• Kennedy to cease US funding for global vaccine alliance — Financial Times -
• Can hydropower keep the lights on? — Financial Times -
• New York’s new-wave Caribbean cuisine — Financial Times -
• Madison Avenue Lands a Bigger Role in Hollywood — Wall Street Journal -
• UK Jewish body suspends deputies over letter criticising Israeli offensive in Gaza — Financial Times -
• Help! My Credit Card Won’t Cover Damage to a Rental Car in Europe. — The New York Times Business -
• Can ‘clean fashion’ perform? — Financial Times -
• How Japan and Alaska Pioneered the Global Market for L.N.G. — The New York Times Business -
• The US is failing its green tech ‘Sputnik moment’ — Financial Times -
• Top US companies walk fine line on climate amid competing pressures — Financial Times -
• Europe’s green steel ambitions falter as energy costs take toll — Financial Times -
• The unfolding tragedy of ending US aid — Financial Times -
• The Hong Kong property developer rushing to refinance billions of dollars in loans — Financial Times -
• The high-tech fight against shoplifters — Financial Times -
• Why N.Y.C. Business Leaders Fear Mamdani — The New York Times Business -