House lawmakers advanced legislation despite looming fight over funding for Department of Homeland Security
The state department has pushed for close scrutiny before approving export licences
Banking committee Democrats threaten to delay appointment until justice department halts probes into Powell and Cook
Iranian gunboats also challenged US-flagged tanker in Strait of Hormuz days before planned negotiations
Wall Street figure and Republican donor offers rare public criticism of perceived administration’s self-dealing
Arab leaders seek to avert regional war as Israeli officials push for hard line on Tehran
The presumptive next chair might be better than others on the list, but he is a confusing, perhaps confused, figure
America must now ask itself if it can restore a culture of shame
Analysts deeply sceptical of US president’s claim that Narendra Modi has promised to stop buying crude from Russia
Data centres powering the AI boom are straining grids and causing price rises that could hurt Trump
Billionaire folds rocket maker into a lossmaking AI start-up, betting scale and control can beat rivals to blockbuster IPO
All-cash transaction values deal at $7.5bn including debt
Connor Teskey’s appointment puts him in the running to replace long-term Brookfield Corporation chief Bruce Flatt
Ride-hailing company seeks to reassure stakeholders that its business can withstand arrival of robotaxis
The entertainment giant has once again promoted its theme parks boss to CEO. Investors hope it will be different this time
Discussions are part of US group’s review of strategy in Europe where it has struggled with EV transition and high costs
Tehran seeks to limit talks to its nuclear programme as Washington threatens military action
Take part in a live Ask an Expert Q&A with US managing editor Brooke Masters and US financial commentator Robert Armstrong on Thursday February 5
Lawmakers Kevin Cramer and Mark Warner to introduce legislation to fund US Export-Import Bank
Also in this newsletter: EU citizens worry about war and poverty
New Anthropic legal tool sends shares in companies including S&P Global and Intuit sliding
The billionaire has merged his rocket maker with his lossmaking AI start-up
CEO Paolo Ardoino downplays the scale of $185bn stablecoin group’s capital raise
Rare investment-grade rating helps attract insurers and private credit funds to construction debt
€2.4tn asset manager is latest to voice concern over US policymaking and its impact on dollar assets
Domestic dissidents call for end to Islamic republic, while moderates back reforms within the system
We are either on the verge of widespread adoption or a terrible crash
Trade tensions between Beijing and Washington drive ‘influx’ of funding, says Adamas Intelligence
A year after the Trump administration cancelled hundreds of millions in labour rights funding, hard-won gains are now at risk
Chinese AI pioneer talks about the competition between the technology’s two superpowers and why companies need to be more proactive in adopting it
What Warsh’s central bank may look like
Groups report soft sales and plans to cut prices as consumer confidence falls to its weakest level in more than a decade
Science minister Patrick Vallance says Department of Health will fund the extra spending out of its existing budget
Spanish lender is latest European group to make a bid for American retail banking customers
US digital payments company appoints former board chair Enrique Lores to replace Alex Chriss
Tech billionaire and platform’s former chief Linda Yaccarino summoned for ‘voluntary interviews’ in April