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Prime Minister Anthony Albanese and President of the United States Joe Biden during an arrival ceremony at the White House, during Prime Minister Anthony Albanese’s state visit to the United States of America, in Washington DC on Wednesday 25 October 2023.

PM backs Biden’s call for Gaza civilian protection

US President Joe Biden also stressed a “path toward peace” in the Israel-Gaza conflict, as Anthony Albanese pledged an extra $15 million in humanitarian aid to Gaza.

  • 35 mins ago
  • Matthew Cranston
Joseph David Emerson, left, in Multnomah County Circuit Court on Tuesday.

Off-duty pilot who tried to cut engines mid-flight ‘took mushrooms’

State prosecutors in Oregon have filed 83 counts of attempted murder against Alaska Airlines employee Joseph David Emerson.

  • Claire Rush
Ted Pick is credited with spurring a revival in Morgan Stanley’s trading business.

Morgan Stanley’s Ted Pick to succeed CEO James Gorman

The head of investment banking and trading was one of three internal candidates, as James Gorman steps down in January after 14 years at the helm.

  • Sridhar Natarajan
Mike Johnson was elected House Speaker after a turbulent three weeks.

Hopes for AUKUS as US Congress elects new Speaker

After weeks of political chaos, the election of Mike Johnson reduces the risks of a government shutdown and of key legislation around the military pact being left hanging.

  • Updated
  • Matthew Cranston
Microsoft CEO Satya Nadella.

Microsoft jumps to three-month high after strong sales, cloud growth

Microsoft shares rose to a three-month high, topping analyst expectations, in contrast to a third-quarter earnings report from rival Alphabet.

  • Dina Bass
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Yesterday

Representative Mike Johnson is the latest candidate for the speaker’s chair.

‘Hopelessly divided’ Republicans keep US Congress paralysed

Republicans selected Mike Johnson as the next candidate in their struggle to break the gridlock and select a speaker, after Donald Trump torpedoed the last one.

  • Updated
  • David Morgan, Richard Cowan and Makini Brice
Blair House where Prime Minister Anthony Albanese is staying during his official visit to Washington DC, United States of America.

Inside Albanese’s stay at world’s ‘most exclusive hotel’

Blair House, the official Washington residence of visiting heads of state, is steeped in history and appointed in high style.

  • Updated
  • Matthew Cranston

This Month

US petrol prices have driven a surge in the country’s inflation.

Chevron to buy Hess for $84b in second oil mega-merger in weeks

The proposed deal raises the competition between Chevron, the No. 2 US oil and gas producer, and Exxon.

  • Reuters
US Secretary of State Anthony Blinken.

US ready to respond to attacks on US personnel, says Blinken

The US Secretary of State said: ‘We don’t want to see our forces or our personnel come under fire. But if that happens, we’re ready for it.’

  • Darlene Superville
Donald Trump and Anthony Pratt at Pratt Industries’ box factory in Ohio in 2019.

Pratt played Trump better than most, new recordings reveal

Despite privately comparing Donald Trump to the mafia, Anthony Pratt entered an administration whose policies lowered his taxes and benefited his business.

  • Ben Protess, Jonathan Swan, Maggie Haberman and Alan Feuer
Pro-Palestinian demonstrators protest at Columbia University in New York.

CEOs pull millions from US universities over Hamas stance

Wealthy donors are “closing their wallets” in protest as tensions rise on US campuses over freedom of speech and academic leaders’ responsibilities.

  • Mark Jack
Sam Bankman-Fried, co-founder of FTX, arrives at court in New York. Scandals have taken some shine off cryptocurrencies.

How SBF ‘spent billions’ in customer funds before FTX collapse

Court documents show Sam Bankman-Fried and his associates spent voraciously on investments, donations and real estate even in the crypto exchange’s final months.

  • Yueqi Yang
Andrew Purcell, chairman of Melbana Energy, which has discovered a large oil field in Cuba.Source:

A one-time Macquarie banker claims he found oil worth $30b in Cuba

Little-known Sydney-based company Melbana began production on Wednesday at what could be a large oil field on the north coast of the Caribbean country.

  • Aaron Patrick
President Joe Biden speaks from the Oval Office of the White House.

Biden warns of ‘conflict and chaos’ spreading

In a major speech, the US president appealed for billions of dollars in funding, saying America cannot let Russia’s Vladimir Putin and militant group Hamas win.

  • Matthew Cranston
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Israel to cast a long shadow over PM’s Washington trip

The Middle East crisis is likely to dominate Anthony Albanese’s state visit to Washington, even as it opens another chapter in Australian-US strategic intimacy.

  • James Curran
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Federal Reserve chairman Jerome Powell speaks at the Economic Club of New York.

Powell says three factors are behind the bond yield spike

US Federal Reserve chief Jerome Powell explains why longer-term bond yields are rising, including views of a resilient economy and fiscal deficit concerns.

  • Matthew Cranston
The Tesla Cybertruck pricing will be revealed next month.

Musk reveals Cybertruck delivery date

Tesla CEO Elon Musk has revealed Cybertruck electric pickup truck deliveries would begin next month.

  • Akash Sriram, Hyunjoo Jin and Joseph White
X, the social media platform formerly known as Twitter, has started a $US1-per-year subscription fee for new accounts.

Elon Musk’s X rolls out annual fee for new users

The $US1 fee for the social network formerly known as Twitter is being rolled out in New Zealand and the Philippines as a test.

  • Kelvin Chan
ASIO Director-General of Security Mike Burgess.

ASIO on high alert as Middle East explodes

ASIO boss Mike Burgess says the agency has increased its vigilance since the Hamas attacks on Israel.

  • Matthew Cranston
Roberto Rivas, right, with Richard Brooks, the founder of the $US1000 Breakfast Club, in June.

At breakfast, this group always leaves at least a $1500 tip

Lawyer Richard Brooks pulls out a pile of notes and counts them into a waiter’s hand, explaining that he and his friends are members of a club.

  • Cathy Free