Today
- Updated
- Crime
Ivy League graduate arrested over CEO’s New York murder
Luigi Mangione was taken into custody after he was spotted eating at a McDonald’s in Pennsylvania, police said. He had a gun and a silencer in his bag.
- Ed Shanahan
Macquarie buys up $3.7b of US Gulf energy assets
Macquarie Asset Management is buying an initial $3.7 billion stake in US Gulf Coast pipeline and related assets owned by Dow.
- Matthew Cranston
Yesterday
Murderer of health insurance boss becomes folk hero
Authorities have pleaded for help in finding the person who murdered Brian Thompson. But some seem more interested in rooting for the gunman.
- Hurubie Meko
Trump says he’s unlikely to fire Jerome Powell
In a TV interview, the president-elect also said he would pardon the January 6 Capitol rioters on day one, while vowing to lock up his political foes.
- Peter Baker
This Month
Judy Garland’s stolen ruby slippers sold for $44 million
A few bidders making offers by phone volleyed back and forth for 15 minutes as the price climbed to the eye-popping sum. Auctioneers had expected under $5 million.
- Steve Karnowski and Hannah Fingerhut
Pratt made late $15m donation to Trump campaign
The president-elect’s political operation received an influx of cash days before the election from wealthy donors, including the Australian billionaire.
- Bill Allison
US payrolls rebound, economy adds 227,000 jobs
The unemployment rate edged higher to 4.2 per cent, pointing to cooling demand for workers and confirming the case for a rate cut this month.
- Augusta Saraiva
Manhattan murder frightens executives everywhere
Many companies view investor meetings such as the one that the UnitedHealthcare boss was walking to as security risks because they are highly publicised.
- Adam Geller and Cathy Bussewitz
Musk, other billionaires hold brainstorming sessions on Capitol Hill
Elon Musk and Vivek Ramaswamy have met powerful Republicans for talks behind closed doors. Technology entrepreneur Palmer Luckey joined in as well.
- Matthew Cranston
‘Delay’, ‘depose’ inscribed in bullets in CEO murder
The inscriptions loosely echo the book title “Delay, Deny, Defend”, which describes tactics allegedly used by insurers to deny claims.
- Myles Miller, John Lauerman and Robert Langreth
- Updated
- Healthcare
CEO shot dead in New York in targeted attack received ‘threats’
UnitedHealthcare boss Brian Thompson was killed outside a New York City hotel by a gunman who appeared to have been waiting for him.
- Michael Wilson, Chelsia Rose Marcius and Maria Cramer
Powell shrugs off Trump’s plan for a ‘shadow’ Fed chairman
The US central bank chief said his institution has “broad support” on Capitol Hill, and was confident of a solid relationship with the new Treasury secretary.
- Colby Smith
Trump’s defence chief Pete Hegseth faces drinking allegations
The Fox News host is also under pressure after reports emerged Donald Trump is considering replacing him with Florida governor Ron DeSantis.
- Lisa Mascaro, Mary Clarke Jalonick and Tara Copp
- Opinion
- US politics
Biden (not Trump) has weakened America’s rule of law
In pardoning his son, the president has ensured that the distance between himself and Trump is now shrouded in fog.
- Edward Luce
Australian rare earth miners warned on US-China trade war
Australian critical minerals companies reliant on China for processing or production could face more headwinds as the Beijing-Washington trade war heats up.
- Matthew Cranston
- Analysis
- US politics
Biden’s pardon decision just shattered his legacy
The president broke a promise not to get involved in his son’s legal problems, after pledging to restore trust in the judicial system.
- Colleen Long and Zeke Miller
- Opinion
- US politics
A disgraceful presidential pardon right out of the MAGA ‘swamp’
What a degrading finale for Joe Biden’s feeble, forgettable, frequently foolish presidency.
- Bret Stephens
- Updated
- Pay
Judge guts Musk’s $87b pay package
A US judge rejected Tesla’s attempts to reinstate the CEO’s mega pay package, saying he had too much influence over the board when it was adopted.
- Jef Feeley
- Opinion
- World markets
The US market is a bubble ready to pop
Dominating the minds of global investors, America is over-owned, overvalued and overhyped to a degree never seen before.
- Ruchir Sharma
- Analysis
- Trump's White House
How Trump can earn a place in history that he did not expect
There is enormous opportunity and appetite for a game-changing deal in the Middle East – and we know the president-elect loves a deal.
- Thomas L. Friedman
- Updated
- US politics
Biden pardons his son Hunter on gun, tax charges
The outgoing US president has used his executive powers to pardon his son despite vowing many times not to, claiming a “miscarriage of justice”.
- Zeke Miller and Allanna Durkin Richer
- Analysis
- US politics
In pardoning his son, Biden sounds a lot like Trump
President Joe Biden complained about selective prosecution and political pressure in a system he has spent his political life defending.
- Peter Baker
- Opinion
- Cryptocurrencies
Why the crypto hype is more dangerous than you think
Overconfidence since the election victory of Donald Trump could tee the sector up for its next collapse.
- Jemima Kelly
- Updated
- Electric vehicles
Boss of Jeep, Maserati, Peugeot quits as sales plunge
The world’s fourth-largest car maker, with brands like Fiat and Ram, has suffered a sharp decline in profits this year.
- Wyatte Grantham-Philips and Albertina Torsoli
Trump picks another in-law for top Middle East post
Massad Boulos has been named an adviser, a day after the president-elect appointed another son-in-law’s father to be US ambassador to Paris.
- Susie Coen
