President Trump's economic and trade policies are generating significant impact, with **US inflation reaching 2.7% as tariffs hit, his announcement of a US-Indonesia trade deal, and ongoing debates over his 'Tariff Man' approach** to American workers and the broader economy.

• Trump touts $90bn in energy and AI investments at Pennsylvania event — Financial Times -
• FirstFT: Donald Trump announces US-Indonesia trade deal — Financial Times -
• Opinion | Tariff Man Is No Ally of the American Worker — Wall Street Journal -

• US inflation reaches 2.7% as Trump tariffs hit — Financial Times -
• Trump announces trade deal with Indonesia — Financial Times -
• CPI Shows US Inflation Sped Up in June as Trump’s Tariffs Pushed Up Prices — The New York Times Business -
• Rising Inflation Underscores Risks in Trump’s New Tariff Threats — The New York Times Business -
• Trump Administration Will Limit Medicare Spending on Pricey Bandages — The New York Times Business -
• The Economy Has Been Resilient. The New Round of Tariffs May Hit Harder. — The New York Times Business -
• A return to tariffs, Taco or not — Financial Times -
• Apple Commits $500 Million for Rare-Earth Magnets From U.S. Supplier — Wall Street Journal -
• June inflation shows US tariff pressures building on consumer prices — Financial Times -
• M&A bankers find dealmaking tough under Trump — Financial Times -
• EU eyes retaliatory tariffs against US aircraft, cars and bourbon — Financial Times -
• China’s GDP grows 5.2% as exports show resilience against Trump trade war — Financial Times -
• India looks for ‘low-hanging fruit’ in high stakes US trade talks — Financial Times -
• Tariffs on Brazil Could Leave Coffee Drinkers With a Headache — The New York Times Business -

The financial sector is seeing key changes and performance updates, including the resignation of PCAOB Chair Erica Williams, UK bank ringfence rule reforms by Rachel Reeves, US banks reporting solid earnings despite tariff risks, and warnings that crypto is a top money laundering threat from new EU watchdogs.

• Reeves gives UK banks a gift they don’t really need — Financial Times -
• PCAOB Chair Erica Williams to Resign at Request of SEC Chairman — Wall Street Journal -
• Reeves pledges to extend purge of City red tape to rest of UK economy — Financial Times -

• Chief US audit regulator pushed out by Trump’s new SEC chair — Financial Times -
• Rachel Reeves: the pendulum has swung too far on risk — Financial Times -
• Aquarian Nears Deal for U.S. Insurer Brighthouse — Wall Street Journal -
• BlackRock inflows hit after big client withdraws $52bn — Financial Times -
• US banks say consumers are ‘healthy’ despite economic uncertainty — Financial Times -
• Elliott builds stake in Global Payments in wake of Worldpay deal — Financial Times -
• Bank of England to find replacement for UK’s outdated payment system — Financial Times -
• Wells Fargo reboot should put smaller US banks on guard — Financial Times -
• Dimon warns on Fed independence as Trump piles pressure on Jay Powell — Financial Times -
• FTSE 100 hits 9,000 points for first time — Financial Times -
• Investors pile into US tech stocks at fastest pace in 16 years — Financial Times -
• Reeves to reform UK bank ringfence rules in financial services overhaul — Financial Times -
• Inflation and interest rates tracker: see how your country compares — Financial Times -
• Crypto is top money laundering threat, warns new EU watchdog — Financial Times -
• US banks buoyant as market volatility boosts earnings — Financial Times -
• Aspiring Fed chairs play to an audience of one — Financial Times -
• BoE delays part of post-financial crisis banking reforms — Financial Times -
• Japan’s 10-year yield hits highest level since 2008 financial crisis — Financial Times -
• Student loans: a drag, not a disaster — Financial Times -
• Starling Bank weighs New York listing as part of US expansion plans — Financial Times -
• Catastrophe bond sales hit record as insurers offload climate risks — Financial Times -

Rapid advancements and strategic shifts define the AI and tech industries, highlighted by Nvidia's lifted AI chip export restrictions to China, major investments backing Mira Murati's AI start-up, Meta's discussions on major AI strategy changes, and the broader implications for jobs in a potential AI tsunami.

• Lutnick says easing of Nvidia’s AI chip exports linked to China deal — Financial Times -
• Nvidia and Jane Street back Mira Murati’s AI start-up — Financial Times -
• Silicon Valley is creating plum jobs — for the fortunate few — Financial Times -

• Nvidia’s China Troubles Aren’t Over — Wall Street Journal -
• The Future of Weather Prediction Is Here. Maybe. — The New York Times Business -
• Nvidia Says U.S. Has Lifted Restrictions on A.I. Chip Sales to China — The New York Times Business -
• Nvidia Can Sell AI Chip to China Again After CEO Meets Trump — Wall Street Journal -
• Nvidia and AMD Stocks Soar as Trump Administration Lifts A.I. Chip Sale Restrictions — The New York Times Business -
• Google and Brookfield strike $3bn hydro power deal — Financial Times -
• Meta’s New Superintelligence Lab Is Discussing Major A.I. Strategy Changes — The New York Times Business -
• Nvidia gets nod from Washington to resume sales of H20 China chip — Financial Times -
• Post Office scandal clouds Fujitsu’s AI rally — Financial Times -
• Pity the policymakers in the AI jobs tsunami — Financial Times -
• Israel and Iran Usher In New Era of Psychological Warfare — The New York Times Business -

The UK government faces scrutiny over internal matters, including HMRC's lack of data on billionaire tax payments, the Bank of England's plan to replace outdated payment systems, ongoing revelations about a catastrophic Afghan data leak and gagged media, and the Labour party's debates on tax increases.

• HMRC does not know how much tax billionaires pay, say MPs — Financial Times -
• Staff at UK financial watchdog fight review on increasing office attendance — Financial Times -
• As it happened: Farage attacks government’s handling of Afghan resettlement scheme — Financial Times -

• A costly shambles for the British state — Financial Times -
• BBC boss Davie admits ‘mistakes’ after string of scandals — Financial Times -
• How one of the gravest security lapses in history was kept secret — Financial Times -
• A quick guide to the Afghan files — Financial Times -
• The British state’s battle to contain the fallout from a catastrophic data leak — Financial Times -
• UK set up secret Afghan immigration scheme after data leak and gagged media — Financial Times -
• Labour will raise taxes, but on whom? — Financial Times -
• City leaders call for ‘tax certainty’ from Rachel Reeves — Financial Times -
• The strong grounds for optimism for the UK economy — Financial Times -
• Universities in England at risk of long-term decline, says British Academy — Financial Times -
• Why a clean sweep on tax reform is the easiest option — Financial Times -

International economic and political landscapes are in flux, with France proposing public holiday cuts to avert a budget crisis, China's GDP growing steadily despite tariffs, Israel targeting Syrian military in cross-border strikes, and EU discussions on sanctions against Israel.

• France Proposes Cutting Two Public Holidays to Avert Budget Crisis — The New York Times Business -
• Israel targets Syrian military in renewed cross-border strikes — Financial Times -
• French PM proposes scrapping national holidays and freezing spending to cut deficit — Financial Times -

• China Puts New Restrictions on E.V. Battery Manufacturing Technology — The New York Times Business -
• China’s Economy Grows Steadily Despite Trump’s Tariffs — The New York Times Business -
• Chinese stocks go down at night because no one trusts anyone: study — Financial Times -
• OPEC Expects Progress on Trade, Holds Oil-Demand Outlook Steady — Wall Street Journal -
• Australia’s Albanese walks US-China tightrope in Xi meeting — Financial Times -
• Netanyahu’s government teeters as ultra-Orthodox party quits coalition — Financial Times -
• The ECB’s song of fire and flood keeps getting louder — Financial Times -
• EU weighs sanctions on Israel as concerns mount over Gaza aid deal — Financial Times -
• Plan to boost returns from Russian assets ‘expropriation’, warns Euroclear — Financial Times -
• Orbán’s son-in-law defends fortune as Hungary’s elite face backlash — Financial Times -
• Taiwan’s military takes preparation for Chinese invasion to civilians’ doorsteps — Financial Times -

Critical public and social challenges include grave errors at rehab hospitals going unpenalized and undisclosed, a shift in the DEI industry towards 'safer' topics amidst White House scorn, the 'emotional roller coaster' of federal workers being fired and rehired, and soaring measles cases in Europe.

• Even Grave Errors at Rehab Hospitals Go Unpenalized and Undisclosed — The New York Times Business -
• Trump Administration Will Limit Medicare Spending on Pricey Bandages — The New York Times Business -
• How to Find the Right Medical Rehab Services — The New York Times Business -

• How to Find the Right Medical Rehab Services — The New York Times Business -
• Even Grave Errors at Rehab Hospitals Go Unpenalized and Undisclosed — The New York Times Business -
• Even Grave Errors at Rehab Hospitals Go Unpenalized and Undisclosed — The New York Times Business -
• The D.E.I. Industry, Scorned by the White House, Turns to ‘Safer’ Topics — The New York Times Business -
• Federal Workers’ ‘Emotional Roller Coaster’: Fired, Rehired, Fired Again — The New York Times Business -
• Amid Devastating Winter Losses, Another Threat Looms For U.S. Beekeepers — The New York Times Business -
• Measles cases soar in Europe as vaccine coverage falls short — Financial Times -

Developments in energy and resource sectors include the UK extending subsidy contracts for wind and solar developers, **Apple committing $500 million for rare-earth magnets from a US supplier, India reaching clean power capacity targets, and a 'grand bargain' with the Canadian oil industry** by Mark Carney.

• UK extends subsidy contracts in boost for wind and solar developers — Financial Times -
• Apple Commits $500 Million for Rare-Earth Magnets From U.S. Supplier — Wall Street Journal -
• The small mining company that won backing from the Pentagon — and Apple — Financial Times -

• America’s Biggest Rare-Earth Producer Makes a Play to End China’s Dominance — Wall Street Journal -
• Inside Mark Carney’s ‘grand bargain’ with the Canadian oil industry — Financial Times -
• India reaches clean power capacity target despite coal reliance — Financial Times -

Various industries are making headlines for specific corporate actions and consumer trends, such as Tesla's North American sales executive leaving amid a slump, the inquiry into Polymarket betting website being closed, the rise of Goodles mac and cheese for adults, and Nissan ending production at a major Japanese car plant.

• Federal Prosecutors Close Inquiry Into Polymarket Betting Website — The New York Times Business -
• Goodles Thinks Mac and Cheese Shouldn’t Be Adults’ Secret Meal Anymore — Wall Street Journal -
• Tesla’s Top North American Sales Executive Leaves Amid Slump — Wall Street Journal -

• PBS and NPR’s Last-Ditch Fight to Save Funding — The New York Times Business -
• Nissan to end production at one of Japan’s first large-scale car plants — Financial Times -
• Move over, matcha: a hojicha latte is summer’s buzziest order — Financial Times -
• How BYD caught up with Tesla in the global EV race — Financial Times -
• Twilight of the M&A giants — Financial Times -
• New York City is still the best place to buy women’s shoes — Financial Times -

Specific political events and opinion pieces offer insight into current affairs, including opinion on 'The Truth About the Air India Crash', questions around Trump asking Zelenskyy if Ukraine could hit Moscow, Jamie Dimon backing Jerome Powell over Trump in a Fed fight, and Epstein files highlighting Maga divisions.

• Opinion | The Truth About the Air India Crash — Wall Street Journal -
• Trump asked Zelenskyy if Ukraine could hit Moscow, say people briefed on call — Financial Times -
• Jamie Dimon Backs Jerome Powell Over Trump in Fed Fight — The New York Times Business -

• Mamdani Prepares to Meet With New York City’s Wary Business Leaders — The New York Times Business -
• Donald Trump’s frustration with Russia boils over — Financial Times -
• Trump is flunking his Epstein test — Financial Times -
• FirstFT: Epstein files highlight Maga divisions — Financial Times -
• What could Zohran Mamdani mean for NYC’s prime property market? — Financial Times -