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- Secretary general meets Trump ahead of July leaders’ summit on Iran
- EU Digital Euro Advances as Bloc Seeks Financial Independence from US
- US economy shows signs of recovery as inflation begins to ease
- B.C. expands chronic offender initiative amid raised concerns
- New York House primaries evaluate Mamdani’s influence amid key races in South Carolina, Maryland, and Utah
- UN chief warns London faces extreme heatwave and fossil fuel dangers
- Iceland resumes whaling, killing two fin whales off its coast
- Alibaba files lawsuit against US Department of Defense over military label
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
Secretary general meets Trump ahead of July leaders’ summit on Iran
June 24, 2026
9:00 am
The Secretary General’s meeting with Trump precedes a challenging leaders’ summit in July, as tensions persist over the US’s significantly reduced defence commitments to Europe amid ongoing conflicts, particularly concerning the war in Iran.
EU Digital Euro Advances as Bloc Seeks Financial Independence from US
June 24, 2026
8:01 am
EU STRATEGY UPDATE
European Union members discuss energy security measures today.
Impetus for cooperative defence and climate action intensifies.
US economy shows signs of recovery as inflation begins to ease
June 24, 2026
7:01 am
EUROPEAN UPDATE
This morning, European leaders focus on cooperative strategies
to address economic challenges and bolster regional stability.
B.C. expands chronic offender initiative amid raised concerns
June 24, 2026
4:00 am
New monitoring hubs will oversee up to 420 high-risk individuals, providing access to essential services including housing, mental health support, and addiction treatment. The initiative aims to enhance community safety while addressing diverse needs of vulnerable populations.
New York House primaries evaluate Mamdani’s influence amid key races in South Carolina, Maryland, and Utah
June 24, 2026
2:00 am
New York’s primary elections featured key congressional races, with former City Comptroller Brad Lander projected to defeat Rep. Dan Goldman in the 10th District, while Assemblywoman Claire Valdez is set to win against Brooklyn Borough President Antonio Reynoso in the 7th District. Additionally, Attorney General Alan Wilson secured the Republican gubernatorial nomination in South Carolina.
UN chief warns London faces extreme heatwave and fossil fuel dangers
June 24, 2026
1:00 am
UN Secretary-General Antonio Guterres warns of severe heatwave in London, linking it to climate and energy crises driven by fossil fuels during his address at Climate Action Week.
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