31 h. ago Musk and Trump are enemies made for each other – united in their ability to trash their own brands | Jonathan Freedland

What one did to Twitter and Tesla, the other is doing to the United States of America. Their feud is revealing a fatal flaw in the Maga projectThe scriptwriters of Trump: the Soap Opera are slipping. The latest plot development – the epic falling-out between the title character and his best buddy, Elon Musk – was so predictable, and indeed predicted, that it counts as the opposite of a twist. Still, surprise can be overrated. Watching the two men – one the richest in the world, the other the most powerful – turn on each other in a series of ever-more venomous posts on their respective social media platforms has been entertainment of the highest order. X v Truth: it could be a Marvel blockbuster.But this is more than mere popcorn fodder. Even if they eventually patch things up, the rift between the president and Musk has exposed a divide inside the contemporary right, in the US and beyond – and a fatal flaw of the Trump project.Jonathan Freedland is a Guardian columnistDo you have an...

Politics

48 h. ago Musk declares war on Trump as split over ‘big, beautiful’ bill gets personal

Elon Musk and Donald Trump’s public brawl has implications for the ‘big, beautiful bill’ as it turns ugly, John Bowden writes

Politics

49 h. ago Clash of the titans: Immovable object of Trump ego met unstoppable force of Musk arrogance in trolling for the ages

Never in history has the world seen behind the curtain at a feud between two such powerful men, only for them to be revealed as petty schoolchildren, writes Richard Hall.

Politics

63 h. ago Wise latest to unveil plans to switch main listing from London to New York

Under the plans, the firm would be dual listed with a secondary listing in London.

Politics

68 h. ago Asian shares trade mixed after Wall Street’s rally stalls on U.S. economic data

Asian shares are trading mixed, as Wall Street’s big recent rally lost some momentum following a pair of potentially discouraging reports on the American economy

Economics

4 d. ago Citi rescinds policy that restricted dealings with sellers of firearms

Wall Street bank had put rules in place following Parkland school shooting in 2018

Events

5 d. ago How flight attendants 'punish' passengers who refuse to swap seats on a plane

Orlando-based flight attendant Mitra Amirzadeh told The Wall Street Journal that passengers who refuse to swap seats are 'punished' with this secret trick that cabin crew swear by.

Politics

5 d. ago Flight attendant reveals the secret trick used to 'punish' passengers who refuse to swap seats

Orlando-based flight attendant Mitra Amirzadeh told The Wall Street Journal that passengers who refuse to swap seats are 'punished' with this secret trick that cabin crew swear by.

Politics

8 d. ago US stocks post May rally as Trump backs away from steepest tariffs

Wall Street’s S&P 500 gains 6% in best month since late 2023

Politics

8 d. ago Extravagant Indian wedding shuts down New York's iconic Wall Street

A spectacular wedding party was brought to the streets of New York City as a bride and groom celebrated in style - glimmering guests were spotted dancing among wild celebrations

Politics

8 d. ago Wall St’s TACO tariff code is good for Trump, ‘If he can take the win,’ ex

The new acronym, short for ‘Trump Always Chickens Out,’ is a jab at the president’s trade war tactics

Politics

8 d. ago FBI investigating efforts to impersonate White House chief of staff Susie Wiles

Wiles’ contacts on her personal cellphone were purportedly hacked and AI used to communicate with lawmakersUS politics live – latest updatesThe FBI is investigating an apparent impersonator who pretended to be the White House chief of staff, Susie Wiles, in texts and calls to her contacts, including prominent Republicans.Wiles has privately informed colleagues that the contacts in her personal cellphone were hacked, according to a report from the Wall Street Journal, and has been asking people to disregard messages and calls that aren’t coming from her phone number. Wiles also has a government phone that wasn’t affected by the hack. Continue reading...

Events

9 d. ago Foreign tax provision in Trump budget bill spooks Wall Street

Legislation would erode the appeal of US financial assets, banks and investors say

Economics

9 d. ago Trump tariffs live: President to fight trade ruling as White House claims ‘unelected’ judges ‘brazenly abusing’ powers

Wall Street opened higher on news that court has struck down Trump’s tariffs, though further expected uncertainty tempered gains, as the Dow slipped into negative territory

Events

9 d. ago FTSE drifts into the red as Trump tariff ruling boosts Wall Street

The FTSE 100 London’s top index finished down by 0.11%, or 9.56 points, to close at 8,716.45.

Politics

9 d. ago ‘Trump always chickens out’: Taco jibe ruffles president’s feathers

Wall Street is increasingly betting that Trump will blink first in the tariffs stand-offTrump Always Chickens Out – or Taco for short. Investors like narratives to explain the financial world, and they appear to have seized on this one: whenever Donald Trump faces a market backlash, he will back down.It would be fair to say the US president did not take kindly to the suggestion that he was being a “chicken” when asked by a reporter at the White House about the term that is gaining traction on Wall Street. Continue reading...

Politics

9 d. ago How Wall Street offloaded $13bn of debt tied to Elon Musk’s Twitter deal

Donald Trump’s election helped revive loans that once threatened to hit banks with big losses

Economics

9 d. ago How Wall Street offloaded $13bn of debt tied to Musk’s Twitter deal

Trump’s election helped revive loans that once threatened to hit banks with big losses

Economics

1 week ago Nvidia beats Wall Street expectations even as Trump tamps down China sales

Chip-manufacturing company, widely seen as bellwether for AI business, reports $44.1bn in revenue for quarterNvidia beat Wall Street expectations in its quarterly earnings report on Wednesday, marking another in a string of financial wins for the computer hardware giant. It reported $44.1bn in revenue in the quarter ending in April, up 69% from the previous year.The company exceeded investors’ predictions of $43.3bn in revenue. Adjusted earnings per share came in at $0.81, under investor expectations of an adjusted earnings per share of 88 cents. The company also reported $39.1bn in data center revenue, up 73% from the year prior. Continue reading...

Politics

1 week ago Wall Street expects growth from Nvidia even as Trump nixes $15bn in revenue

The chip-manufacturing company, widely seen as a bellwether for AI business, is expected to report its earningsNvidia is set to report its first quarter earnings after the bell on Wednesday. The company is a bellwether for the business of artificial intelligence, both in its cutting-edge hardware and the new regulatory headwinds it is facing, and investors will be watching closely.Wall Street expects the company to report $43.3bn in revenue, up 66% year over year, and adjusted earnings per share of 73 cents. There’s no company more important to “the markets and global investor sentiment” than the high-flying chipmaker, according to Wedbush Securities analysts. Continue reading...

Politics