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.

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Trump and Vance to address Republican National Committee convention in Dallas

Former President Trump is due to address the Republican National Committee Midterm Convention in Dallas on Wednesday, aiming to energise party members ahead of the November elections. Key speakers include Vice President JD Vance and other prominent Republican figures, with additional names expected to be announced.

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Judge declares mistrial in Lindsay Clancy case after jury deadlocks

What’s happening?
A mistrial has been declared in the Lindsay Clancy case after the jury reached an impasse. The jury could not agree on a verdict, ending the trial without a decision on the murder charges against Clancy, accused of killing her three children in 2021.

Coverage analyzed: CNN | The Boston Globe | The New York Times | The Hill
CNN’s headline reads “Judge declares mistrial in Lindsay Clancy case after jury deadlock,” focusing on the judicial procedural outcome. In contrast, The Boston Globe states, “The Lindsay Clancy trial ended with a deadlocked jury. The real failure came before it even began,” emphasizing perceived systemic flaws and the implications of the case. While CNN maintains a neutral, authoritative stance on the judicial process, The Boston Globe introduces a critical narrative regarding the trial’s inherent challenges, suggesting deeper societal issues at play.

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France rejects Niger’s accusation of inciting failed mutiny as falsehood

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