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While base case remains reduction in borrowing costs, options market shows a 20% probability of increase
Manhattan district attorney’s office accuses former US president of targeting witnesses in ‘hush money’ trial
President expected to sign law unlocking long-delayed $60bn in funding for Ukraine this week
Apprehensions also made at Yale, while Columbia moves to online classes amid furore over Gaza protests
Prosecutors allege former president was part of ‘co-ordinated, long-running conspiracy’ in first remarks to New York jury
Expanded annual exercises likely to further strain ties with Beijing after clashes between coast guards
Investor’s Susquehanna International Group owns estimated $40bn stake in parent company ByteDance as app faces potential ban
Middle East turmoil no longer poses such a threat to the world’s thirstiest petrol consumers
Rich countries espouse active industrial policy at home while continuing to impose outdated policies abroad
With his freedom at risk, former US president scowls but sits silently at the start of testimony in his criminal trial
McKinsey’s mid-year reviews are the latest attempt to increase ‘attrition’
JPMorgan Chase chief says in interview that he’d ‘love to be president, but you’d have to anoint me’
An ECB interest rate cut soon would make sense but the Fed faces a more difficult call in the US
Also in today’s newsletter, a dispatch from the key swing state of Pennsylvania
About two-thirds of US companies are incorporated in the small, mid-Atlantic state
The search for the neutral rate is proving elusive
AmCham China highlights concerns about lack of regulatory clarity as Beijing seeks to shore up confidence
Antitrust regulator takes aim at proposed Capri-Tapestry deal to create a US luxury goods powerhouse
Head of financial institutions group for Europe relocates at sensitive time for its operations on the continent
Online retailers are keeping quiet about ‘returnless refunds’ but they are becoming more common
High costs and concerns over efficacy and side effects limit uptake of first treatment as another nears approval
Legislate in haste; repent at leisure
Though regional hostilities recently hit their most dangerous level, militant group’s participation remained largely symbolic
Israel denounces Biden administration move to blacklist IDF’s Netzah Yehuda battalion
Tough weeks ahead for Kyiv in fight to stem Russian advances despite passage of long-awaited bill in Washington
Ex-president’s court cases have drained $76mn from his election coffers since January last year
The danger of miscalculations between Iran and Israel will persist
Market Questions is the FT’s guide to the week ahead
America and its allies see Russia, China, Iran and North Korea as an axis of adversaries
Dysfunction and corruption are disrupting efforts to stem the flow of people towards America
A pause on new liquefied natural gas projects has angered the shale gas industry in a critical election swing state
Grown-ups are needed in these troubled times but must do a better job on the climate problem
Future of South Africa’s Phalaborwa site may depend on strength of Washington’s support
The centre held to pass $60bn in US military aid to Ukraine. Don’t count on it happening again.
Funding comes after Kyiv was forced to ration munitions in the face of Russian advances
Washington considers sanctions on Chinese financial institutions, according to people familiar with the situation
International Edition