- Trump nominates Keith Sonderling as permanent labour secretary
- Backpack explosion in Monaco injures Ukrainian family, suspect at large
- EU leaders face internal challenges, not Israel tensions, says Nagel
- Negotiations between US and Iran commence in Doha amid uncertainty
- Heat wave expected to affect most of Canada, officials advise caution
- Supreme Court rules presidential removal powers extend over FTC members
- Russian recruits expected to last only 30 minutes on the frontline
- Hungary’s prime minister restricts further EU integration steps for Ukraine
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 nominates Keith Sonderling as permanent labour secretary
President Trump has announced the nomination of Keith Sonderling for the permanent role of Secretary of Labor, following the departure of Lori Chavez-DeRemer in April. Sonderling, previously the deputy secretary, requires Senate approval for this role.

Backpack explosion in Monaco injures Ukrainian family, suspect at large
An explosion in Monaco injures three, including a Ukrainian couple and their son, as authorities investigate a suspect seen leaving a bag before the blast.

EU leaders face internal challenges, not Israel tensions, says Nagel
Jacob Nagel, former national security advisor to Israeli Prime Minister Benjamin Netanyahu, stated that the European Union’s pressing challenge lies within its own borders rather than external conflicts. He emphasised the strain in EU-Israel relations, particularly following Israel’s Foreign Minister severing ties with the bloc’s foreign policy chief.

Negotiations between US and Iran commence in Doha amid uncertainty
What’s going on?
US and Iran negotiators confirmed they are heading to Doha for discussions on the nuclear deal. The talks aim to address stalled negotiations and structural issues impacting their relationship. This development marks a renewed effort amid ongoing tensions between the two nations.
The framing of the story contrasts notably between different outlets. CNN reported, “Live updates: Trump and Iran issue conflicting statements about new talks,” highlighting the dichotomy of perspectives in the negotiations. In contrast, NBC News focused on the proactive angle with, “Iran and the U.S. gear up for tense talks,” suggesting a more direct approach to impending discussions. This difference in emphasis shapes the overall narrative of uncertainty in the negotiations versus a determined push for resolution.
Coverage analysed: CNN | NBC News

Heat wave expected to affect most of Canada, officials advise caution
Environment Canada has issued yellow heat alerts across all Canadian provinces and territories, with the exception of Quebec and British Columbia. The alerts indicate elevated temperatures and potential health risks associated with heat exposure in affected regions.
Supreme Court rules presidential removal powers extend over FTC members
The Supreme Court ruled that the removal protections for Federal Trade Commission members are unconstitutional, thereby enhancing presidential authority over independent agencies. The 6-3 decision, articulated by Chief Justice John Roberts, overturned a 90-year precedent limiting presidential power to dismiss officials without cause.
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