Latest News
- Former DOJ lawyer claims Trump administration misused investigations targeting Harvard, Brown and Columbia
- Disabled man removed from Virgin Australia flight over wheelchair aid dispute
- European Commission confirms that returns fall under EU law
- Alaska and Wyoming primaries to highlight key Senate races and party dynamics
- Climbers seek to deepen connection with British Columbia’s forests
- Florida holds primaries for governor and Senate alongside key races in Alaska and Wyoming
- Andrew declines King Charles’s Balmoral holiday invitation over concerns of being isolated
- Trump threatens military action against Oman over Iran conflict involvement
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
Former DOJ lawyer claims Trump administration misused investigations targeting Harvard, Brown and Columbia
August 18, 2026
7:00 pm
The Trump administration is accused of pressuring civil rights attorneys to investigate alleged antisemitism at Harvard, Columbia, and Brown, despite the absence of factual basis, according to former Justice Department lawyer Haley Van Erem’s whistleblower complaint. The Justice Department denied the claims, asserting Van Erem did not participate in those investigations.
Disabled man removed from Virgin Australia flight over wheelchair aid dispute
August 18, 2026
6:00 pm
A wheelchair user was removed from a Virgin Australia flight due to safety concerns over his mobility aid, causing an extended delay for other passengers.
European Commission confirms that returns fall under EU law
August 18, 2026
4:00 pm
The European Commission confirmed on Tuesday that returns are governed by EU law, clarifying the legal framework surrounding product returns within the union. This announcement aims to ensure compliance and standardise procedures across member states regarding consumer rights and returns.
Alaska and Wyoming primaries to highlight key Senate races and party dynamics
August 18, 2026
3:00 pm
Voters in Alaska and Wyoming participate in primary elections on Tuesday, with key races potentially impacting national dynamics. Alaska’s unique single nonpartisan primary features notable contests for the US Senate and governorship, while Wyoming’s Senate primary involves a significant reshuffle in Republican leadership amid a divided party.
Climbers seek to deepen connection with British Columbia’s forests
August 18, 2026
2:00 pm
Tom Zadorsky is leading an initiative to inspire climbers to reconnect with their sense of adventure, encouraging a fresh appreciation for the forests of British Columbia. This movement seeks to promote exploration and foster a deeper connection between climbers and nature.
Florida holds primaries for governor and Senate alongside key races in Alaska and Wyoming
August 18, 2026
12:00 pm
Three states are holding primaries on Tuesday. In Florida, voters will select nominees for governor and Senate, with frontrunner Byron Donalds leading the Republican race. In Alaska, incumbent Senator Dan Sullivan faces competition in a nonpartisan primary, while former Representative Mary Peltola seeks a challenge.
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