Tim Mellon has donated combined $100mn to committees for Republican candidate and Robert Kennedy Jr
Majority of justices uphold Trump-era levy but avoids broader constitutional questions that some had pushed
Interceptor missiles destined for other countries will be diverted to help Kyiv protect cities and critical infrastructure
Shares of biotech Sarepta soar 40% after approval for most expensive treatment in the world
Ban on imports including chocolate and sanitary products will hurt American producers, says Biden administration
Peso strengthens slightly after president-elect looks to assuage investor nerves with selection for vital role
President heads to Camp David to prepare for high stakes event against Donald Trump
Under-fire media executive advised investors, business people and politicians
The hunt for lower taxes and less regulation ignores major economic risks
Also in today’s newsletter, how Joe Biden is preparing for next week’s presidential debate
A set piece clash between Biden and Trump will turn less on policies than on each candidate’s manner and appearance
Plus, private equity firm 3i enjoys a big payday and how the 777 fiasco spurred Bermuda’s financial regulator to crack down
A new generation of global super-rich is gradually replacing dynastic philanthropists and ageing snowbirds, revitalising the area and sending property prices soaring
Securities backing single commercial buildings are popular with investors but several have failed to live up to top ratings
Mutual defence pledge marks one of Moscow’s strongest commitments in Asia
The Sierra Madre has become the most dangerous flashpoint in the Indo-Pacific
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
Instead of wreaking political damage, AI-generated content can be useful for election campaigns
Hanoi cements growing importance in global supply chains by balancing relations between rival powers
Also in this newsletter: UK inflation back to target, ECB debt warning, jumping robots
‘H1-B’ squad has defied the odds to surprise the sport’s fans and Americans alike with their success in T20 tournament
Artificial intelligence frenzy has powered Nvidia to peak of US equity market but elsewhere investors become more selective
Google, OpenAI and Sequoia Capital push to improve security practices following high-profile spying cases
Analysts at the bank said the asset management industry is in a ‘paradigm shift’ and changes could happen within 10 years
A transformed trade relationship has left Europe’s farmers vulnerable to retaliation
Federal Trade Commission also investigating Chinese video app over potential breaches of act outlawing ‘unfair practices’
Sweeping reform offers route to eventual citizenship and protection from deportation for 550,000 people
‘Long-expected deceleration’ in consumer spending may now be under way, says Adriana Kugler
Inspections of popular fruit on hold as criminal violence threatens multibillion-dollar trade
Hawkish message designed to appeal to rightwing allies and US Republicans ahead of scheduled address to Congress
Politicians should acknowledge how much we could lose in the new era of suspicion, protectionism and interventionism
Also in today’s newsletter, the candidates vie for Wisconsin’s much-coveted voters
Populism is often strongest in big-spending social democracies
And the market goes up anyway
Democratic power broker George Norcross accused of racketeering in scheme involving tax credits
‘Steel wars’ with China show how difficult it is to contain global tariffs
International Edition
