Latest News
- Most OSAP growth attributed to career college students, documents reveal
- Senate blocks extension of FISA surveillance programme as deadline approaches
- British man arrested for attempted drowning and assault on Benidorm beach
- Girl named Lyhanna goes missing after getting into man’s car in Fleurance
- Toronto uses tax funds to purchase World Cup tickets, nearly all sold
- FDA initiates safety study of abortion pill mifepristone, official confirms
- Putin ally advocates for nuclear weapons in vision for Russia’s future
- EU leaders meet Western Balkan states to discuss membership bid progress
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
Most OSAP growth attributed to career college students, documents reveal
June 5, 2026
6:00 pm
Data indicates that between the 2023-24 and 2024-25 academic years, the province’s expenditure on OSAP grants increased by £465 million, with 95 per cent allocated to students at private colleges.
Senate blocks extension of FISA surveillance programme as deadline approaches
June 5, 2026
5:00 pm
The Senate voted 47-52 to block an extension of Section 702 of the Foreign Intelligence Surveillance Act, which will lapse on 12 June without further action. Seven Republicans joined Democrats in opposing the motion, citing concerns over warrantless surveillance of Americans. The legislation may be revisited next week.
British man arrested for attempted drowning and assault on Benidorm beach
June 5, 2026
4:00 pm
A British man has been arrested in Benidorm for attempting to drown a woman and suffocate a boy at Poniente Beach, and is undergoing mental health evaluations.
Girl named Lyhanna goes missing after getting into man’s car in Fleurance
June 5, 2026
2:00 pm
A girl, identified only as Lyhanna, has been missing since 29 May after being last seen entering a man’s car near Fleurance. Authorities are actively investigating her disappearance, seeking information from the public to aid in the search efforts.
Toronto uses tax funds to purchase World Cup tickets, nearly all sold
June 5, 2026
11:00 am
Officials have executed a plan to acquire over 3,500 tickets for six international soccer matches in Toronto, leveraging host city privileges established last year. The strategy aims to enhance local engagement and promote the event across the community.
FDA initiates safety study of abortion pill mifepristone, official confirms
June 5, 2026
10:00 am
The Food and Drug Administration has initiated a safety study on mifepristone, which could inform future access restrictions. The retrospective study will analyse hundreds of thousands of cases, with interim findings expected in July, as scrutiny on the drug increases following recent federal policy changes.
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