Trump's fiscal policy raises economic concerns and threatens the US safe haven status, while his administration navigates challenges in passing legislation and securing a TikTok sale, alongside the ongoing impact of tariffs on international trade and criticism of the Federal Reserve.

• FirstFT: Trump’s fiscal policy has economists concerned — Financial Times -
• Republicans struggle to pass Trump’s ‘big, beautiful bill’ as debate drags on — Financial Times -
• Trump’s fiscal policy and attacks on Fed put US safe haven status at risk, economists say — Financial Times -

• Trump says he has found group of ‘wealthy people’ to buy TikTok — Financial Times -
• One American’s Two-Year Quest to Move His Business Out of China — Wall Street Journal -
• Get ready to embark on a new era of financial repression — Financial Times -
• Trump’s Tariffs Have Unsettled Thailand’s Pet Food Exporters — The New York Times Business -
• The US Federal Reserve’s Trump problem — Financial Times -
• Trump’s threats push Canada to fell its byzantine internal trade barriers — Financial Times -
• Trump’s tariff war and aid cuts threaten poorest nations’ recovery — Financial Times -
• The power and the glory of profanity — Financial Times -
• The Asian factories on the frontline of Trump’s tariffs — Financial Times -

The UK faces a showdown on welfare reform and launches its largest financial advice shake-up in a decade, as MPs question the Lifetime Isa, while the Labour government's year in office is assessed amidst efforts to revive animal spirits and address rail regulation and factory support for businesses like Lotus.

• Ministers face showdown on UK welfare reform as concessions fail to quash rebellion — Financial Times -
• Lifetime Isa raises risk of making poor financial decisions, say MPs — Financial Times -
• UK launches biggest financial advice shake-up in more than a decade — Financial Times -

• UK rail regulator urged to limit approvals of private train services — Financial Times -
• Lotus reverses plan to shut factory after UK offers fresh support — Financial Times -
• One year in: what has the Labour government achieved? — Financial Times -
• Growth is competing with Labour’s other missions — Financial Times -
• How Labour can revive UK animal spirits — Financial Times -

Central banks are urged to remain alert to inflation, as Wall Street anticipates a boom in deals and ETFs gain significant traction, while Nvidia insiders cash out shares, and cryptocurrency markets see considerable activity in London and South Korea, impacting the US jobs market.

• E.T.F.s Are Booming. Mutual Funds Want In on the Action. — The New York Times Business -
• Is the US jobs market weakening? — Financial Times -
• Hong Kong IPO boom challenges the city’s critics — Financial Times -

• Wall Street Hangs On to Hopes for a Boom in Deals — Wall Street Journal -
• Central banks warned to stay on inflation alert — Financial Times -
• Nvidia insiders cash out $1bn worth of shares — Financial Times -
• London-listed companies pile into bitcoin — Financial Times -
• Crypto-crazy investors make South Korea the best-performing market in Asia — Financial Times -
• Insurance needs $1tn from private equity to close gaps, says Aon chief — Financial Times -

International tensions escalate with Iran potentially restarting uranium enrichment and facing a nuclear non-proliferation crisis, Russia conducting its biggest air attack on Ukraine, and Middle East conflicts threatening global food prices, alongside an ongoing discussion about nuclear waste cleanup.

• Opinion | Cleaning Up Cuomo’s Nuclear Waste — Wall Street Journal -
• Iran could restart enriching uranium in months, says nuclear watchdog chief — Financial Times -
• Iran attack could be the death knell for nuclear non-proliferation — Financial Times -

• Russia hits Ukraine with biggest air attack of the war — Financial Times -
• Israel 1967, Iran 2025: two countries on the threshold of a nuclear bomb — Financial Times -
• Middle East tensions could trigger food price shock, warns fertiliser boss — Financial Times -

AI advancements in trucking spark debate, while the automotive sector introduces Kei cars and Lotus re-evaluates factory plans, and the entertainment industry sees Apple's **'F1: The Movie' hit box office success and reveals the OnlyFans empire's mysterious founder, alongside airline recovery efforts, US energy spending for data centers, and changes in food product dyes**.

• Opinion | AI Can Keep Truck Drivers Awake — Wall Street Journal -
• What are Kei Cars and Trucks and How Can You Get Them? — The New York Times Business -
• ‘F1: The Movie’ Gives Apple Its First Box Office Hit — The New York Times Business -

• Delta Air Lines Works to Recover After Storms Snarl Weekend Travel — Wall Street Journal -
• US energy groups spend record sums on power plants to feed data centres — Financial Times -
• Your Next Cruise to Mexico Could Cost More. Here’s Why. — Wall Street Journal -
• How Might Jell-O Look and Taste When Artificial Dyes Are Removed? — The New York Times Business -
• Greenland Gets a Little Easier to Visit as United Starts Nonstop Flights — The New York Times Business -
• The Mysterious Billionaire Behind the OnlyFans Porn Empire — Wall Street Journal -

The US anticipates its 250-year independence celebration, amidst concerns over dangerous heat domes hitting Europe and the US, while unique stories emerge about living on a boat in London and the mysterious life of a carbon credits broker, alongside developments in British tennis and New York's mayoral voting traditions.

• Opinion | Let America’s 250-Year Bash Begin — Wall Street Journal -
• A week of anniversaries — Financial Times -
• Temperatures reach dangerous highs as ‘heat domes’ hit Europe and US — Financial Times -

• New York’s quirky mayoral vote recalls a lost corporate tradition — Financial Times -
• The extraordinary life and mysterious death of a carbon credits broker — Financial Times -
• Living on a boat remains London’s best-kept secret — Financial Times -
• Can covered courts give British tennis its next boost? — Financial Times -