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Australian group wins $1.8b US Coast Guard contract

Birdon, based in Port Macquarie, grew out of an old dredging business. It will supply the coast guard with 48 to 54-metre-long “cutters” as patrol boats.

  • Matthew Cranston

RBA rate pivot ‘perfectly sensible’: former Fed leader

Recently retired Federal Reserve vice chairman Randal Quarles praised the RBA’s Philip Lowe for not raising rates too fast.

  • Matthew Cranston

‘Quite workable’: Former Fed leader backs Truss’ tax cut plan

Britain’s original program was workable, says former Federal Reserve vice chairman Randal Quarles, but a watered-down version may not be.

  • Matthew Cranston and Hans van Leeuwen

Trump’s origins in a New York world of con men, mobsters and hustlers

Trump’s rise to national power would not have been possible but for a social, cultural, political and moral breakdown that overtook New York.

  • Sean Wilentz

This Month

Musk’s 19,000 tweets show how he hates (and loves) Twitter

The richest man in the world has a love-hate relationship with Twitter, the company he just (again) agreed to buy. But analysis of his 19,000 tweets shows he may still not want it.

  • Updated
  • Linda Chong, Rachel Lerman and Jeremy B. Merrill
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Trump Senate pick hit by abortion scandal as midterms near

Pro-life Republican candidate Herschel Walker has been rocked by controversy as next month’s US midterm elections heat up.

  • Matthew Cranston

Twitter bid at agreed price would boost trust in fair dealing

A deal at the original price would not only benefit jaded Twitter investors, it would also show that US capitalism is robust enough to ensure tycoons keep their side of a bargain.

  • The Lex Column

Elon Musk always had the odds stacked against him in Delaware

The Delaware Chancery Court is one place still more powerful than the world’s richest man – and his latest change of mind shows it.

  • Updated
  • Matthew Cranston

ASX-listed DroneShield wins US Defence contract

The anti-drone tech company says its $1.8 million deal will lead to significantly larger contracts with the world’s biggest military.

  • Matthew Cranston

Liquid Death water start-up valued at $1b

Would you pay more for H2O if it was in a “fun and unhealthy”-looking can and backed by hit-making house music group Swedish House Mafia? It seems many would.

  • Katie Roof

The new era of hurricanes: bigger storms, better forecasts

The US is investing in supercomputers to predict how badly storms like last week’s devastating Hurricane Ian will strike as they increase in frequency.

  • Aime Williams

Hurricane Ian lashes South Carolina as Florida’s death toll climbs

The revived storm pounded coastal South Carolina after leaving at least 27 people dead in Florida.

  • Meg Kinnard and Adriana Gomez Licon

September

Ian leaves behind staggering trail of wreckage, as death toll mounts

The storm pulverised roads, toppled trees, gutted downtown storefronts and set cars afloat, leaving a soggy scar of ruined homes and businesses.

  • Patricia Mazzei, Nicholas Bogel-Burroughs, Frances Robles and Jack Healy

Marles joins US, Japan in Hawaii for AUKUS subs tour

Japanese, Australian and American defence ministers will meet in Hawaii to advance discussions on joint efforts to check an increasingly assertive China.

  • Updated
  • Matthew Cranston

Florida hurricane brings floods, rescues, street sharks

Rescue crews piloted boats and waded through inundated streets Thursday to save thousands of Floridians trapped amid flooded homes and shattered buildings left by Hurricane Ian, which crossed into the Atlantic Ocean and churned toward South Carolina.

  • Adrian Gomez-Licon
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Is the US Federal Reserve braking too hard?

The risk that the Fed is moving too slowly to check inflation has fallen, while the risk that high rates will cause severe economic damage has gone up — a lot.

  • Paul Krugman

US and Pacific Islands agree ‘big dollar’ partnership to counter China

The Biden administration is hosting a summit with Pacific Island leaders in Washington to forge closer ties and stem China’s influence in the region.

  • David Brunnstrom, Alexandra Alper and Michael Martina

‘Terrifying’ Hurricane Ian slams into Florida

The storm packed winds of up to 241 kph as it made landfall on the US state’s south-west coast.

  • Brad Brooks and Brendan O'Brien

Mass evacuations as Florida braces for Hurricane Ian

The storm has already caused a nationwide power outage in Cuba as it races towards the Florida coastline.

  • Brian Sullivan

‘Guns have more rights’: how abortion is upending the US midterms

The Supreme Court ruling to overturn Roe vs Wade is energising Democrats and presenting challenges to Republicans.

  • James Politi