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‘Long overdue’: Senate Republicans ram through Trump’s clawback package with cuts to foreign aid, NPR

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UK rate cuts: August and November projected by ING amid easing job market

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Huckabee demands Israel ‘aggressively investigate’ murder of Palestinian-American killed in ‘terrorist act’

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National security experts raise concerns after Microsoft program exposed as possible avenue for Chinese spying

Economy

Jerome Powell asks inspector general to review Fed’s $2.5B renovation project

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UK’s FCA fines Barclays £42 million for ‘significant’ financial crime lapses

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Renault shares tumble after profit warning, leadership shake-up; analysts slash PTs

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China will ‘move on’ with or without Nvidia chips, says CEO Jensen Huang

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Summer demand could support OPEC+ output increases, say analysts

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Court blocks Trump tariffs: markets get a lift, but uncertainty prolonged

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Australia clears Woodside’s North West Shelf LNG plant to operate through 2070

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Big, beautiful, or both? Musk questions Trump tax bill’s fiscal prudence amid deficit fears

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Europe markets open: Stoxx 600 hovers near flatline; focus on German data, US Fed, Nvidia results

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Thames Water hit with record £123m fine by Ofwat for pollution and dividend payouts

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Asian markets close: Sensex falls 239 pts; Japan’s Nikkei flat amid trade scrutiny

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Salesforce stock analysis before earnings, Informatica buyout rumors

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Europe markets open: FTSE 100 leads gains, Stoxx 600 up; focus on UK inflation

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