Latest News
- Trump directs Pentagon to reduce military exercises with South Korea after its refusal to aid Iran’s denuclearisation efforts
- One dead as Hurricane Lala hits Hawaii with 91mph winds and heavy rain
- Belgium battles historic wildfire as heat fuels blazes across Europe
- Search continues for missing pilot in Ontario’s Kawartha Lakes region
- Transcript of Pennsylvania state Rep. Chris Rabb on Face the Nation, Aug. 16, 2026
- Influencers risk lives for shark photos amid warnings from scientists
- Ukraine launches drones targeting military and energy sites in Russia
- Top US commander visits USS Lincoln amid sailors’ morale concerns
Financial Times - Savers withdrew nearly $60bn from three US banks as Apple raises heat
Summary of the front page
The Financial Times says savers withdrew nearly $60bn from US banks Charles Schwab, State Street and M&T in the first quarter as customers moved their money in search of higher interest rates. Traditional banks could face further threat because of Apple and Goldman Sachs’ new savings account in the US that will pay 4.15% interest a year, it reports.
The paper’s main image is of Vladimir Kara-Murza, a Russian opposition activist, during a court hearing in Moscow where he was sentenced to 25 years in prison for treason.
Today's top stories
Trump directs Pentagon to reduce military exercises with South Korea after its refusal to aid Iran’s denuclearisation efforts
August 17, 2026
1:00 am
President Trump announced a reduction in joint military exercises with South Korea, citing their refusal to participate in efforts to denuclearise Iran. He labelled the exercises as costly and provocative towards North Korea, stressing that their reduction is “somewhat unrelated” to this refusal.
One dead as Hurricane Lala hits Hawaii with 91mph winds and heavy rain
August 17, 2026
12:00 am
Hurricane Lala brings strong winds and heavy rain to Hawaii, leading to one fatality and widespread damage, with over 60,000 residents left without power.
Belgium battles historic wildfire as heat fuels blazes across Europe
August 16, 2026
11:00 pm
Wildfires are raging across Belgium, Germany, France, Croatia, Spain, and Greece amid extreme heat and dry conditions. In Belgium, a major blaze has consumed 3,000 hectares in the High Fens reserve, prompting the deployment of over 250 firefighters and international aid through the EU Civil Protection Mechanism.
Search continues for missing pilot in Ontario’s Kawartha Lakes region
August 16, 2026
9:00 pm
The Trenton Joint Rescue Coordination Centre confirmed on Sunday that a search operation is underway for a missing pilot in the Kawartha Lakes area of southern Ontario, specifically near Balsam Lake. Rescue teams continue to assess the situation as efforts to locate the individual progress.
Transcript of Pennsylvania state Rep. Chris Rabb on Face the Nation, Aug. 16, 2026
August 16, 2026
7:49 pm
Pennsylvania State Representative Chris Rabb, the Democratic nominee for the state’s third congressional district, discussed his platform on “Face the Nation,” advocating for health care as a human right and increased wages. He asserted that voters seek a fighter for their interests, rather than a label.
Influencers risk lives for shark photos amid warnings from scientists
August 16, 2026
7:45 pm
Influencers are risking their safety while swimming with sharks, leading to serious injuries, as scientists warn against ignoring established safety guidelines.
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