The Trump administration's economic policies are under scrutiny, with weak jobs reports challenging claims of a booming economy, while controversial immigration raids at a Hyundai plant and decisions on flight delay compensation and wind farm projects draw significant attention.

• Federal Report on Drinking Is Withdrawn — The New York Times Business -
• A Second Weak Jobs Report Challenges Trump’s Claim the Economy Is Booming — The New York Times Business -
• South Koreans Are Swept Up in Immigration Raid at Hyundai Plant in Georgia — The New York Times Business -

• Trump’s War on Wind Has This Construction Crew Stuck 15 Miles Out at Sea — Wall Street Journal -
• Trump Administration Drops Biden Plan for Flight Delay Compensation — The New York Times Business -
• How the Immigration Raid at Hyundai’s Factory Complex Unfolded — Wall Street Journal -
• Trump’s economy falters as US jobs growth grinds to a halt — Financial Times -
• US housing agency rehires sacked staff ahead of Fannie and Freddie IPO — Financial Times -
• Is Jobs Data Still Reliable? Why Economists Say Yes. — The New York Times Business -

American Eagle sales dip post-ad campaign, Paramount Skydance eyes a cable revival, and Armani faces calls for a refresh, while airline frequent flyer programs prove essential and Spotify's decade-long battle with Apple comes to light.

• American Eagle Sales Fall Slightly After Sydney Sweeney Ad — The New York Times Business -
• Paramount Skydance Plots Cable Revival — Wall Street Journal -
• Armani Stuck to the Classics. But His Business Needs a Refresh. — Wall Street Journal -

• Why Frequent Flier Programs Have Become Essential to Many Airlines — The New York Times Business -
• When Adidas, Crocs and Vans Want to Sell More in China, They Call This Designer — Wall Street Journal -
• Inside Spotify’s Plot to Take Down Apple — Wall Street Journal -

Concerns rise over Chinese tech supremacy, prompting calls for a united US-UK front, as China launches a corruption probe and the concept of a "polycrisis" describes the complex global economic landscape.

• Mandelson warns US and UK must unite to halt Chinese tech supremacy — Financial Times -
• China launches corruption probe into former securities regulator chair — Financial Times -
• The Palestinian journalists risking death to report on Israel’s offensive — Financial Times -

• Polycrisis — is this the sequel? — Financial Times -
• How Tokyo became an unexpected haven for China’s middle class — Financial Times -
• Would Anyone Use a Chinese Stablecoin? — The New York Times Business -
• Trump and China reshape ‘east meets west’ role for Hong Kong university — Financial Times -

Hopes grow for the dilution of a workers' rights bill, debates continue over carbon capture investments, and Reform party supporters celebrate gains, alongside rising mortgage rates and discussions around ID cards.

• Business hopes grow Starmer will dilute workers’ rights bill — Financial Times -
• UK should stop investing in carbon capture for power, government adviser says — Financial Times -
• Jubilant Reform supporters make hay at Birmingham conference — Financial Times -

• Yvette Cooper: the Labour stalwart tasked with boosting Britain’s global standing — Financial Times -
• The rise and rise of Reform — Financial Times -
• Lenders lift mortgage rates as worries mount over public finances — Financial Times -
• ID cards are an idea whose time has finally come — Financial Times -

Air Canada flight attendants reject a tentative deal, leading to mediation, while AI faces AI in spotting fake receipts, Canada's youth employment market struggles, and workplace hate speech policies undergo changes.

• Air Canada Flight Attendants Reject Tentative Deal, Wage Dispute Heads to Mediation — Wall Street Journal -
• Joshua Abram Dies at 62; Gave Workspace-Sharing an Upscale Spin — The New York Times Business -
• When It Comes to Spotting Fake Receipts, It’s A.I. vs. A.I. — The New York Times Business -

• Canada’s youth face bleak employment market as economy slows — Financial Times -
• My Employer Changed Hate Speech Policy That Protected Trans People. What Can I Do? — The New York Times Business -

Larry Ellison commits billions to reshape Oxford, while **Permira seeks $4bn for the sale of Cambrex, and rising bond yields offer a boost to annuity buyers**.

• Larry Ellison Is Spending Billions to Reshape Oxford and His Own Legacy — Wall Street Journal -
• Permira seeks $4bn for sale of contract drugmaker Cambrex — Financial Times -
• What’s Inside the Envelope That U.S. Open Winners Get? It’s Not a Check. — The New York Times Business -

• How rising bond yields are boosting annuity buyers — Financial Times -