Today
Temple & Webster bucks retail slump, shares soar
The online furniture retailer’s shares jumped 26 per cent after it achieved almost $500 million in sales in a soft market by winning market share.
- 1 hr ago
- Carrie LaFrenz
- Opinion
- US election
Trump calling Harris a communist shows he’s desperate
The vice president is a social democrat, but that doesn’t mean she believes in state control of the economy.
- Paul Krugman
How Ukraine pulled off its biggest gamble: invading Russia
Kyiv’s troops say they found a Russian unit calmly drinking coffee as they crossed the border.
- Christopher Miller
Yesterday
Pelosi welcomes Harris home as West Coast donors raise $18m
The former House speaker appeared with the Democratic presidential nominee in San Francisco at an event the Harris campaign said raised more than $18 million.
- Jeff Mason
Russia evacuates another border region amid threats from Ukraine
Russia has imposed a sweeping security regime in the Kursk, Bryansk and Belgorod regions, while ally Belarus says it is bolstering troop numbers at its border.
- Guy Faulconbridge and Lidia Kelly
Investors hit pause on Biden’s manufacturing renaissance
Companies said deteriorating market conditions, slowing demand, and lack of policy certainty in a high-stakes election year have caused them to change their plans.
- Amanda Chu, Alexandra White and Rhea Basarkar
US orders armed submarine to Middle East as tensions mount
US Secretary of Defence Lloyd Austin also ordered the Abraham Lincoln strike group to hasten its deployment to the region, as Israel prepares for Iran’s attack.
- Updated
- Idrees Ali and Phil Stewart
- Opinion
- China relations
High-level dialogue shows China chill is ending
The resumed annual face-to-face meeting of government and industry has been crucial to stabilising the relationship.
- Craig Emerson
- Opinion
- Monetary policy
Central banks need true transparency not fake consensus
The Bank of England isn’t afraid to advertise its differences. That is better for creating trust than the obsession with a united front at the US Fed.
- Mohamed El-Erian
- Exclusive
- International affairs
When Keating went to war with the White House
Secret cables reveal for the first time how Keating’s right-hand man and a senior White House official engaged in an extraordinary war of words in 1992, sometimes in personal terms.
- James Curran
This Month
White supremacists turn UK riots into online recruiting pitch
Hard-line organisations previously designated by the UK as domestic terrorists are calling for an overthrow of the British government.
- Jeff Stone
Russia pushes back at Ukraine’s cross-border assault
One of the strikes on Ukrainian troops involved a thermobaric missile that causes a blast wave and suffocates those in its path, the Russian Defence Ministry said.
- Updated
- Kim Barker
- Opinion
- East Asia Forum
Australia should focus on rules, not ‘rules-based order’, in Asia
Support for the transition from a US-led world to a multipolar world is gaining traction.
- Anthony Milner
Harris courts Latino vote with tax pledge, leads Trump in key states
In a dramatic turn for the Democrats, the vice president is ahead of the Republican candidate by 4 percentage points in Wisconsin, Pennsylvania and Michigan.
- Darlene Superville and Josh Boak
Paramount, Warner slash valuations in ‘cable TV collapse’
The $23 billion in impairment charges from Paramount and Warner Brothers Discovery highlight the collapse of the lucrative business model.
- Anna Nicolaou and Christopher Grimes
Why Coke’s $24b epic tax battle is staying hidden
The stakes of a fight with the US Internal Revenue Service over “astronomical” profits in low-tax countries are visible only in fine print.
- Stephen Foley and Gregory Meyer
New signs of weakness in US economy, as consumers halt spending
Disney theme parks, Airbnb home rentals and Hilton hotels are among the latest companies seeing weaker consumer demand.
- Gregory Meyer, Anna Nicolaou and Christopher Grimes
Talks sanction more US bombers, fighter jets, spy planes in Australia
Annual defence and foreign affairs talks will see Australia deepen its role as the US’s “unsinkable aircraft carrier” in a potential conflict with China.
- Andrew Tillett and Matthew Cranston
Elon Musk and the battle over who makes the rules for US companies
Lawyers, judges and legislators are locked in a war of words in Delaware, the legal home of more US corporations than any other state.
- Sujeet Indap
China’s exports slow in warning sign for economy
Exports rose 7 per cent in July in dollar terms from a year earlier, falling short of economists’ median forecast of a 9.5 per cent gain.
- Yujing Liu
