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Khloé Kardashian Slammed for Sharing ‘Conspiracy Theories’ in Nancy Guthrie Case
The reality star sounded off on Guthrie’s disappearance despite admitting she wasn’t sure she knew enough about the case.
Khloé Kardashian Slammed for Sharing ‘Conspiracy Theories’ in Nancy Guthrie Case
The reality star sounded off on Guthrie’s disappearance despite admitting she wasn’t sure she knew enough about the case.
Khloé Kardashian Slammed for Sharing ‘Conspiracy Theories’ in Nancy Guthrie Case
The reality star sounded off on Guthrie’s disappearance despite admitting she wasn’t sure she knew enough about the case.
Khloé Kardashian Slammed for Sharing ‘Conspiracy Theories’ in Nancy Guthrie Case
The reality star sounded off on Guthrie’s disappearance despite admitting she wasn’t sure she knew enough about the case.
'Blessing in disguise': Anthony Richardson shows renewed appreciation for Colts despite trade request
The former first-round pick is making the most of his time in Indianapolis following a tumultuous start to this NFL career
Real Madrid managerial appointment almost done; confirmation later this month
Word has it that Jose Mourinho and Real Madrid are already flirting behind the scenes despite an official agreement not being reached, and the development only explains how both parties are keen on th...
Tri-state political maps unlikely to change despite national redistricting debate
While a recent U.S. Supreme Court ruling has lawmakers in some states talking about redrawing their congressional maps, it’s unlikely Iowa, Illinois or Wisconsin will see any changes ahead of
Atlanta Beltline violence: Shops report booming business despite incidents
Business owners in the Old Fourth Ward report that crime has not hurt their bottom line and sales are up.
Forza Horizon 6 Advanced Access Kicks Off With Over 170,000 Concurrent Players
Forza Horizon 6 officially launches on May 19, but advanced access for buyers of the $119.99 Premium Edition kicked off on May 15, and it appears as though, despite a recent leak of the game ahead of the official launch, gamers have come out in droves to play the new open-world racing game. On Steam...
Romelu Lukaku Included In Belgium's World Cup Squad For The Fourth Time
Romelu Lukaku was included in Belgium's World Cup squad despite an injury-hit season with Napoli, joining Kevin De Bruyne and Thibaut Courtois as Belgium prepares for Group G play.
'Out of shape' Lukaku in Belgium World Cup squad
Romelu Lukaku has been named in Belgium's World Cup squad, despite manager Rudi Garcia saying he is "out of shape".
Health execs persevere in new policy landscape
Despite a prolonged period of policy uncertainty in the U.S.—and the ripple effects across the global life sciences and healthcare industries—executives at health companies are still seeing opportu | Despite a prolonged period of policy uncertainty in the U.S.—and the ripple effects across the global life sciences and healthcare industries—executives at health companies are still seeing opportunities amid the tumult.
Trump and Xi move towards business-first relationship after Beijing summit
The two leaders did not resolve differences on key issues like Iran and Taiwan, despite push to extend truce.
Chartbook 449: Voldemort on Threadneedle street. The Bank of England and the "haunted house" of English politics.
Imagine the scene: In some Harry Potter version of 21st-century London, a group of deathless UK Treasury officials gathered from across the last century huddle over warm pints and glasses of Chardonnay. Around the table there are officials from the 1920s, the 1930s, the 1970s, 2022 and today. Inevitably, in May 2026, the subject of conversation is the disintegration of the current Labour government. Despite its huge majority in parliament, it has been reduced to tatters by catastrophic local election result. These exposed the fact that rather than having a government with a clear popular majority, the UK is like most other modern societies divided into 5 segments each of which commands between 26 and 16 percent of the vote. Perhaps unsurprisingly, the leadership at Nos 10 and 11 Downing Street - where the Prime Minister and the Chancellor (Treasury Secretary) work - seem paralyzed. They are caught between mounting discontent over unfairness and the cost of living, and tough fiscal strictures that push them into making unpopular spending decisions. In the London pub, the Treasury officials from across the ages, can barely hide their satisfaction at the latest display of democratic politics caught in the vice-grip of financial logic. “Remember the mur d’argent and the banker’s ramp?” “Just like yesterday!” There are smirks around the table. Then the representative of 2026 pipes up: “One thing you have to say about the current lot (referring to the latest hapless Labour government), you don’t have to teach them about the bond market!” There is a murmur of ascent from the Treasury Mandarins. The trauma of the fiscal crisis of September-October 2022 sits deep. Back then, in the final stages of Tory decay, a ‘mini budget’ that challenged fiscal orthodoxy led to a brief but fierce panic in one of the oldest government bond markets in the world (aka gilt market). Now all you have to do is to mention the “bond market” to hush debate. [ Paul Mason@paulmasonnews In the name of public service, and as ex-economics editor of BBC Newsnight, I offer to do a zoom call, tonight, with any Labour MP who wants to understand why bond markets do not "fall into line" with governments. 1/ 3:57 PM · May 12, 2026 · 466K Views 224 Replies · 674 Reposts · 3.93K Likes ](https://x.com/paulmasonnews/status/2054229532404519082?s=20) “And the funny thing is”, the young man in the huddle continues, “they don’t even want to talk about … ”. There is a sudden hush. Significant looks are exchanged around the table. About? One of the senior figures puts down his glass with a decisive “clink”. He-Who-Must-Not-Be-Named has entered their thoughts. Meanwhile, a few miles away in a grubby pub in Bloomsbury, two conspirators from the camp of Critical Macrofinance huddle over cans of low-alcohol IPA. They look at each other and blurt out loud: “The Bank!” “Everyone in the bloody Labour party is talking about the bond market. But why aren’t they even mentioning … the Bank of England!?” “Why is no one talking about Voldemort?” In Paul Mason’s blogpost, after much chest-thumping about basic fiscal logic, the basic point about the Bank of England is buried in the fine print at #3 in his list of suggestions as to what a radical Labour government might actually be able to do! [ Conflict & Democracy Down with the bond market! Down with gravity! It may seem unfair to focus on Labour MP Paula Barker for her off-the-cuff assertion that the bond market would have to “fall in line” with Andy Burnham, should he replace Keir Starmer as prime minister. But Burnham himself told the New Statesman that Labour had to “get beyond this thing of being in hock to the bond markets… Read more 2 days ago · 100 likes · 3 comments · Paul Mason ](https://htsf.substack.com/p/down-with-the-bond-market-down-with?utm_source=substack&utm_campaign=post_embed&utm_medium=web) Back in Bloomsbury they shake their heads and ask: “Didn’t we learn anything from the Eurozone crisis?” Meanwhile, as if summoned to the conversation by some higher force, the “pink pages” announce: “The days of ultra-cheap government borrowing have come to an end” and Martin “Whizzard” Wolf publishes the graph of the season Look at the UK in 2026, perilously positioned on the upper edge of the pack. No wonder no one in London needs any lessons about the “bond market”. But, look again. Imagine how they feel in Rome. What is London’s nightmare in 2026? The nightmare is that you end up like Italy in the early 2010s during the Eurozone crisis. Once comfortably situated in the middle of the pack, watching with horror as your ten-year yields explode to 7 percent and “spreads” become a national nightmare. One of the largest economies in Europe, a founding member of the euro, stigmatized. But the message of the Italian experience is ambiguous. After all, the stigma didn’t last. In 2026, Italy borrows at rates lower not only than the UK but the US. The US, which, as everyone knows, enjoys the “exorbitant privilege” of being the issuer of reserve, safe asets. What kind of magic is this? How did Italy, in the space of fifteen years, go from being good, to bad and back again? Which brings us back to our dissident friends in their Bloombury boozer and their memories of the Eurozone crisis. Italy never was Britain - with its ongoing fiscal deficits. Without interest payments, on primary balance, from 2000 to 2020 Italy ran a tight fiscal ship. Even in 2008 it barely went into deficit and when it was being put on the rack in the early 20210s its primary surplus matched that of austere Germany. So, what happened? How did it end up stigmatized? Of course Italian politics didn’t help. Berlusconi was at the helm and he had legal issues. But amongst friends in the Bloomsbury pub, Berlusconi is a sideshow, the name we whisper to each other is “Trichet”. From 2004 to 2011 the ECB was headed by Jean-Claude Trichet, ex of the French Treasury, more German than the Germans. After 2009 as the news of the Greek fiscal disaster broke, the European bond markets wento into panic mode and Trichet began a brutal game of cat and mouse. Between 2009 and 2011, Trichet intervened in the bond market to help, only when he thought he had compliance with austerity. When he thought they were uncooperative, he withdrew. In the summer of 2011, he even made direct suggestions to his Italian counterparts in Rome, as to how Italy should be governed. It was this cat and mouse game that drove the bond markets crazy and exposed Italy to a violent squeeze. When Mario Draghi took over the ECB at the end of 2011 and declared “whatever it takes”, the pressure on Italy, gradually eased. It is that starring role that has made Draghi into the towering figure in European politics that he remains today. So now you see why voices in London hush when it comes to the Bank of England. “The bond market” isn’t an irresistible objective force like the weather or an avalanche. It can appear like that. But that depends on the way it is being handled, or not handled by the central bank. Which is why the silence about the Bank of England in London right now is so significant. If you think this all sounds a bit fishy, coming from a left-liberal Keynesian like myself, well, let me introduce you to Robin Brooks, who, to put it mildly, plays on a different quidditch team to me. Here, from the position of a fiscal hawk is Robin’s celebratory account of the Bank of England’s role since 2022; In October 2022, at the height of the bond market blow-up in the UK, something incredible happened. Governor Andrew Bailey told British pension funds the Bank of England would end its support program for the country’s fragile gilt market, drawing a line under how much help the central bank was willing to give to exposed pension funds and - implicitly - the government. By the end of that week, Kwasi Kwarteng - the finance minister - had resigned. Prime Minister Liz Truss would soon follow. This episode is so incredible because it contrasts with what happened in the Euro zone earlier that year. Bond markets in Spain and Italy were under pressure amid high inflation and rising interest rates. In the middle of this, Mario Draghi - Italy’s Prime Minister - resigned, compounding pressure on bond markets of high-debt countries on the Euro periphery. Unlike the Bank of England, the ECB caved. It bought Italian and Spanish government bonds in an effort to cap yields and introduced a new tool that signaled to markets it might do such caps more frequently going forward. Faced with pressure on bond markets, the ECB capitulated to political pressure from high-debt countries like Italy and Spain. The Bank of England stood its ground and toppled the Truss government. This kind of thing has long-lasting consequences. It means markets price a higher probability of yield caps in the Euro zone, which keeps Italian and Spanish yields artificially low, while markets feel free to push up UK yields without fear of central bank intervention. As I flagged in yesterday’s post, this means you really can’t compare UK yields to those of other high-debt countries. The UK looks worse, but only because its central bank isn’t interfering with markets. There’s more to this than just that 2022 episode. The Bank of England has also been much more aggressive in its quantitative tightening (QT) than other central banks. If one motivation for quantitative easing (QE) is to lower bond yields - especially longer-dated ones - then it stands to reason QT pushes yields up. The left chart above shows a four-quarter moving average of UK government debt issuance (black line) in percent of GDP and which sectors absorb this issuance, including the Bank of England (blue bars). The right chart above compares the Bank of England’s accumulation or run-off of government bonds (blue line) with that of other central banks, where this blue line is the same as the blue bars in the left chart. The Bank of England was quicker and more aggressive than other central banks in downsizing its bond holdings, so UK yields will have risen more than elsewhere also for this reason, not just because of Governor Andrew Bailey’s remarks in October 2022. Back in October 2025, after a conversation in New York with friends in British politics, my sense of dysphoria was such that I raised the issue of the Bank of England openly in the FT Since 2008, the UK has slid into a deep economic and political predicament. Growth has stagnated to a degree far worse even than in the 1970s. The Tory leadership’s wager on the Brexit referendum spectacularly backfired, leaving the UK isolated from Europe and at the mercy of its special relationship with the US, many of whose political class regard the UK as a basket case. After years of austerity, the Labour party lurched to the left and then back to the centre. The Tory party has been eclipsed by the populist nationalism of Reform. Any British government should be worrying first and foremost about how to restart growth. Instead, Keir Starmer is beset by shades of the gilt market panic triggered by the Liz Truss government in 2022. The debt level is higher than in recent years, but there is no cause for panic. UK debt is at far from critical levels and of long duration. Whether you want to “take back control” or launch progressive economic policy, a democracy dogged by fear of bond market vigilantes is unhealthy. In a country that is a monetary sovereign, this climate points to one thing: a disconnect between the government and the central bank. Since 1997, the independence of the Bank of England has become a sacred cow. But independence is what you make of it. And in the wake of the gilt market crisis of September 2022, relations between the Bank of England and the UK government need a reset. In normal times, there is no doubt that an inflation-targeting independent central bank can serve a country well. But since 2008, the UK and other advanced economies have not had the luxury of such simple problems. To their credit, central bankers around the world have not stood on orthodoxy. After 2008, the US Federal Reserve rescued the global banking system and, through quantitative easing, it stabilised the Treasury market in the face of huge deficits. In Europe, things were trickier. Both the Bank of England under Mervyn King and Jean-Claude Trichet’s European Central Bank played cat and mouse with national governments. This was a high stakes wager that between 2010 and 2012 escalated bond market tension and triggered a disastrous turn to austerity. Shaken by the impact of those shocks, their successors, Mark Carney and Mario Draghi adopted a more protective stance (assuming you were not the government of Greece). Recall that Draghi’s legendary slogan, “Whatever it takes”, was uttered to face down the City of London’s bond vigilantes. In 2015, Draghi launched QE — financial repression by another name. In 2016, Carney used the authority of the Bank of England to stabilise markets following the vote for Brexit, an exemplary demonstration of how central banks can underpin democratic choice, even when those choices are wrong headed. All these were independent central bankers steeped in the best practice of the 1990s, who recognised that historic crises demanded radical action. It was the price surge of 2021-2023 that poisoned the atmosphere. Though the shock came mainly from the supply side, central banks ended up in the dock. Nowhere more so than in the UK. The Bank of England reacted with aggressive normalisation. Faced with a cost of living crisis, the governor called for workers to accept real wage cuts. In early 2022, as gas prices were at record levels and Russia’s army was poised to invade Ukraine, the Bank adopted a stringent programme of quantitative tightening, elevating interest rates. When the Truss government got itself in trouble, the Bank took almost a week to come to the rescue. Rather than enacting a charade of normality, it is time to recognise that in 2025 the UK faces a period of historic transition. To meet this challenge, what is needed is a new concordat with the Bank. This should not ignore inflationary pressures or the long-run trajectory of debt, but should affirm the priority of reviving investment-led growth. One could follow Donald Trump in demanding interest rate cuts. The Bank could shadow the ECB in its commitment to capping Eurozone yields. But the top priority should be to lay the ghost of September 2022. The Bank’s slowing of QT last month was a concession. An immediate and complete end would send the right signal. Such a concordat will not by itself restore sanity to politics, solve the housing problem or rebuild the NHS. But it would help to lift the fear of bond market crisis, which is paralysing the effort by democratic politicians to answer the fundamental questions facing the nation. Now, that call for a new concordat between government and Bank of Englands seems more urgent than ever. The problem is that in October 2025, Starmer still had some authority. Today the government is in tatters. And when you are the “under the harrow” - to echo a phrase of Montagu Norman’s from the 1920s - it is the worst possible time to consider institutional change. To make general arguments at a time of crisis can only seem like special pleading rather than a general argument for long-term change. The same, unfortunately, is also true for the other basic institutional reform that Britain urgently needs i.e. the abolition of the out-dated first past the post electoral system and its replacement by a moderated form of proportional representation. And thirdly - whilst we are saying the quiet parts out loud - Britain needs to reopen the question of EU membership. What the local election results of 2026 show is that this remains a key issue. And what they also show is that there is a clear majority that would favor a return. Until these basic features of Britain’s political economy are addressed the country will carry on its politics as though in a haunted house, governed by governments that lack actual majorities, conjuring up false constraints whilst ignoring the real ones. This one is for DG and MI. I love writing the newsletter. If you enjoy it too and fancy buying me a coffee once a month, you know what to do. Click below! Subscribe
Samsung’s RAM Shortage Struggles Claims Another Victim As Exynos 2700 To Witness One Trade-Off, Despite Being The Most Advanced 2nm SoC
Samsung is expected to use its most advanced 2nm process for the Exynos 2700, but that won’t keep the latter safe from cost cutting
Contributor: Despite being overrun by businessmen, D.C. is anything but business as usual
If a massive federal government cannot efficiently regulate industries, it cannot efficiently invest in them. Somewhere between Wall Street and Washington, this insight got lost.
Retail sales rose for the third consecutive month in April
Americans continue to open their wallets, despite record-low consumer sentiment due to the war with Iran, in part thanks to a resilient US labor market.
The Science of Building Courage
Miami University President Greg Crawford explores how to build courage through risk-taking despite fear, failure and uncertainty.
Trump courts Xi amid Iran war and trade tensions
Trump praised China’s leader and emphasized their personal bond as both sides sought to steady relations despite tensions over Iran, trade and global power.
Google is about to release a new Gemini model
Sources say that Google plans to announce a new Gemini model at its annual I/O conference on Tuesday. I’m told the release will land roughly in the class of OpenAI’s recent GPT-5.5. and well short of Anthropic’s Mythos, which, despite not being widely available, has reset how every lab talks about what “leading” means.
Cam Ward to Appear in Netflix's Quarterback Season 3
Cam Ward of the Tennessee Titans is in the middle of the offseason preparing for the 2026 NFL season. After being selected No. 1 overall by Tennessee in the 2025 NFL Draft, Ward played admirably for the Titans during his rookie season. The 6-foot-2 quarterback showed his toughness last season, appearing in all 17 games despite tying Geno Smith of the New York Jets as the NFL’s most-sacked quarterback (55).
Portland’s proposed arts tax makeover prompts legal threat by business lobby
The Portland Metro Chamber claims the City Council lacks legal authority to raise the tax from $35 to $50 without voter approval, despite city attorney's opinion to the contrary.
What Tele-ICUs Mean For Health Care In Critical Moments
In August 2024, 26-year-old Conor Hylton checked into Bridgeport Hospital in Connecticut. Overnight, he was transferred to critical care, where he died.It was only after his passing that his family found out that Conor was treated at what’s known as a “tele-ICU.” His story shines a light on a practice that’s been around for decades despite a lack of substantial research about its outcomes.A tele-ICU is a hospital unit where patient care is handled off-site by remote doctors, nurses, or specialists. Up to a third of ICU beds in the U.S. are in tele-ICUs. That’s according to a study from the American Hospital Association.In Wisconsin, as of May 1, critical care physicians are no longer physically present in the ICUs of a few Ascension satellite hospitals. They remain available via video call to help bedside nurses and on-site hospital medicine doctors, known as hospitalists, who do not specialize in critical care.These facilities do present an opportunity to expand and improve the health care people receive. But what are the risks of replacing in-person care in the most critical, life or death moments?Find more of our programs online. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.
MBA grad credits peers for making business personal
Despite earning dual undergraduate degrees from Arizona State University in 2022, Frankie O'Neill ('22 BA in art history and business) says the W. P.
All-time talent, zero titles: The most underachieving franchises in North American sports
Despite Hall of Fame talent across multiple eras, these four franchises have never won championships, making them the biggest underachievers in sports.
This week in Santa Cruz County business: Tourism saw growth in ’25 despite tariff, immigration concerns; farmers fear fertilizer, fuel hikes as growing season kicks off
A fifth consecutive year of growth for area tourism and the impact of the war in Iran on Santa Cruz County agriculture lead off Jessica M. Pasko's weekly survey of local business.
Smart glasses are 'an invasion of privacy' - Meta's are selling better than ever
The biggest tech firms are set to sell millions of smart glasses despite growing privacy concerns.
Decades after voter approval, Miami mental health center still not open
It has been more than 20 years since Miami-Dade County voters approved funding for a facility intended to help people living with mental illness. Yet today, the $51 million Miami Center for Mental Health and Recovery remains unopened despite being fully constructed and ready for use.
South Carolina state Senate rejects effort to tackle redistricting despite pressure from Trump
Five Republican lawmakers defected and voted against a plan to extend their legislative session in order to carve up the state’s lone Democratic U.S. House district.
iPhone 18 Pro May Have 'Aggressive' Starting Price Despite RAM Crisis
While the ongoing RAM chip shortage is leading some Android smartphone makers to increase prices, one analyst believes that Apple will take advantage of the situation with the upcoming iPhone 18 Pro and iPhone 18 Pro Max. In a research note with GF Securities today, analyst Jeff Pu said he expects Apple to outperform in the smartphone market by having an "aggressive pricing strategy" for the iPhone 18 Pro models.
Risky business: College sports' new enforcement entity remains on shaky ground despite a costly arbitration victory
The College Sports Commission got a sweeping victory in its first serious challenge in this new era of college athletics.
Risky business: College sports' new enforcement entity remains on shaky ground despite a costly arbitration victory
The College Sports Commission got a sweeping victory in its first serious challenge in this new era of college athletics.
Senate Republicans weigh whether to swallow Trump’s $1B push for ballroom security
Key Senate Republicans are signaling a willingness to support up to $1 billion in security upgrades for President Donald Trump’s ballroom renovation project, despite Democratic attacks, as the White House ramps up its lobbying push.
Racial gerrymandering may be here to stay
The Supreme Court has barred considering race when crafting legislative districts. But race could remain embedded in political gerrymandering, despite vehement claims to the contrary.
Why political gerrymandering in the South will likely continue to consider voters’ race despite Supreme Court ruling
The Supreme Court has barred considering race when crafting legislative districts. But race could remain embedded in political gerrymandering, despite vehement claims to the contrary.
Health Officials Say "Country is Prepared" to Deal with Hantavirus
Centers for Medicare and Medicaid Services Administrator Dr. Oz tells reporters in the Oval Office that the country is prepared to deal with the Hantavirus outbreak and treat the disease, despite cuts to federal agencies. HHS Secretary Robert F. Kennedy also says the CDC has been on it from day one and has been in contact with officials in Nebraska dealing with people exposed to the virus. "We have this under control, and we're not worried about it," Kennedy says. The secretary also disputes that it took four days after the World Health Organization issued an alert for the U.S. to follow suit. "It's just not true," he says.
Update Hints Steam Machine Will Arrive in 512GB and 2TB Versions, Despite AI-led SSD Pricing Surge
How much would you pay?
Missouri lawmakers return for final week
The session has run relatively smoothly despite hangover resentments from partisan measures passed in 2025
The Night When Britain Joined Continental Europe’s Political Culture
Despite Brexit, the UK's political landscape now mimics many EU countries. UK establishment media and politicians have no idea what's next.
Mother’s Day boosts flower shop sales despite higher costs
Flower shops across the metro are busy fulfilling Mother's Day orders while managing rising fuel and delivery costs
Dylan Harper achieves historic Manu Ginobili feat amid Spurs Game 4 loss to Timberwolves
After Victor Wembanyama got ejected, Spurs coach Mitch Johnson saw Dylan Harper rise to the occasion and get a record last reached by Manu Ginobili despite the loss to the Timberwolves.
Knicks fans completely take over Philadelphia local broadcast, too
The Philadelphia 76ers have some soul-searching to do after being swept out of the 2026 NBA Playoffs by the rival New York Knicks. Adding insult to injury, Knicks fans completely took over the Sixers’ home arena, Xfinity Mobile Arena, despite players pleading with the Philly faithful not to let that happen. And if getting swept…
Tare: ‘Milan must be united, Champions League qualification fundamental’
Milan director Igli Tare calls on fans to be ‘united’ with the club despite tonight’s protests, insisting ‘Champions League qualification is fundamental’ on a sporting and economic level.The...
Analysis: Anderson sends a reminder to Newcastle
Newcastle did not need any reminder of what they had allowed to leave the club - but Anderson delivered one anyway. The midfielder cost Forest £35m when he joined two years ago and, despite some debatable recent recruitment at the City Ground, he has been a stunning success.
Can Starmer survive as PM? Seven scenarios for what might happen next
Sir Keir Starmer has vowed to fight on despite growing calls for him stand down from his own MPs and the threat of a leadership contest.
Assessing Madison Square Garden Entertainment (MSGE) Valuation After Mixed Q3 2026 Earnings And Growth Initiatives
Madison Square Garden Entertainment (MSGE) drew fresh attention after reporting Q3 2026 results, with revenue of US$246.26 million, net income of US$5.11 million, and earnings per share of US$0.11 from continuing operations. See our latest analysis for Madison Square Garden Entertainment. Despite the mixed Q3 earnings, MSGE’s 1-month share price return of 10.2% and year to date share price return of 22.8% suggest building momentum. At the same time, the 1-year total shareholder return of...
How Investors May Respond To Madison Square Garden Entertainment (MSGE) Profit Squeeze And Kalshi Branding Deal
Madison Square Garden Entertainment Corp. has reported its fiscal third-quarter 2026 results, with revenue rising to US$246.26 million while net income eased to US$5.11 million, and separately entered a multi-year partnership making Kalshi an Official Prediction Market Partner with naming rights to the sixth-floor Kalshi Concourse at Madison Square Garden. Despite higher expenses weighing on quarterly profit, management’s confidence in robust full-year growth and the Kalshi collaboration’s...
Annual Boston walk supports maternal health equity, improving infant health
Supporters gathered at the Hatch Shell despite rainy weather for the annual March for Babies Boston, raising funds for maternal and infant health research.
Virginia Tech softball makes NCAA Tournament hosting case after loss
Despite losing to Florida State in the ACC title game, Virginia Tech coach Pete D'Amour believes his Hokies should host an NCAA Tournament regional.
Caitlin Clark is back, and despite a season-opening loss to the Wings, the Fever have something to build on
Aaron Rodgers, Steelers Not Meeting Yet Despite Recent Reports
Amid conversations with the Pittsburgh Steelers over his impending return to the team, quarterback Aaron Rodgers has reportedly been in Pittsburgh to negotiate.
How Bournemouth are on brink of Europe despite losing stars
Bournemouth have brushed off being raided for their star players and are now on the brink of a European spot for next season.
Knicks fans take over Philadelphia during statement Game 3 victory
Despite the 76ers' best efforts, they couldn't keep Knicks fans out of Philadelphia.
China says exports grew at faster pace in April, rising 14.1% from a year ago
China says exports have risen 14.1% in April from a year earlier, despite the Iran war and lingering impacts from higher U.S. tariffs.
San Francisco 49ers Not Awarded Compensatory Pick for Jauan Jennings
The Vikings snatched up Jauan Jennings on a $13 million deal, but a critical timing technicality leaves San Francisco empty-handed despite losing their veteran wideout to Minnesota.
Kansas City bar owner says mayor’s World Cup hours decision will cost his business thousands
Mayor Quinton Lucas said he will introduce a measure to prevent Kansas City bars from staying open 23 hours per day during the World Cup, despite state law allowing the extended hours.
Top House Democrat vows to go ‘all in’ on 2028 gerrymandering push after Virginia setback
Hakeem Jeffries predicted his party would still win the US House in November despite the GOP’s now-clear advantage in the nationwide redistricting fight.
North Kansas City small businesses prepare for FIFA World Cup despite visitor number speculations
Pro Apparel KC and other North Kansas City businesses are preparing for an influx of FIFA World Cup visitors, even as hotel booking reports show Kansas City trailing other host cities.
Oilers D-man Evan Bouchard ‘upset’ over Norris Trophy snub
Edmonton Oilers‘ Evan Bouchard did not hide his frustration after being left off the NHL’s 2025–26 Norris Trophy finalist list, despite producing one of the best offensive seasons by a defenseman in recent league history. The NHL announced Rasmus Dahlin,…
Thunder pull away from Lakers to take 2-0 lead despite another limited night for Shai Gilgeous-Alexander
Thunder pull away from Lakers to 2-0 lead, despite another limited night for Shai Gilgeous-Alexander
Let the record show the Oklahoma City Thunder were in a brief bit of trouble in Game 2 on Thursday.
UN health agency chief says hantavirus outbreak shows why US should rejoin
The World Health Organization and U.S. health officials are working together despite Donald Trump’s withdrawal.
Tampa City Council re-elects Alan Clendenin as Chair, signaling stability after last year’s fiasco
Despite the political drama surrounding his initial rise to the position, Clendenin has become a lynchpin for the Tampa City Council.
Science diplomacy lessons from a North Korean volcano
Mount Paektu, a mythic, active volcano on the border between North Korea and China, is almost the epitome of a scientific challenge that crosses political lines. In 946 CE, it erupted in one of the five biggest volcanic events of the past 10,000 years, kicking up huge quantities of ash and sending destructive mud flows down river channels for hundreds of kilometres. Should this happen again, the entire region, including easternmost Russia, South Korea and even Japan could be hit. “It’s definitely got the potential to be big,” said James Hammond, a professor of geophysics at Birkbeck, University of London. An eruption on the scale of 946 would have “huge regional impact.” For the past 15 years, Hammond has helped lead a groundbreaking collaboration with North Korean scientists to study the volcano, navigating scientific sanctions, tough export controls on scientific equipment and a long, pandemic-enforced exodus from the country. Although he seems more at home on far-flung research expeditions – before speaking to Science|Business, Hammond was camping out on a Greenland ice sheet – he has also advised the European Commission on its changing science diplomacy strategy. His long experience with North Korea has made Hammond sceptical of blanket bans on science collaboration, no matter the country.This is a live question in Europe, where in the wake of Russia’s 2022 invasion of Ukraine, institutional ties with Russian universities were almost entirely severed, although some scientists fear this could undermine our understanding of climate change’s impact on the Arctic. Here, Hammond tells the story of the Mount Paektu mission and the policy lessons he takes from it. Ominous rumblingsThe genesis of Hammond’s collaboration came in 2002, when Mount Paektu began to rumble ominously. Earthquake activity picked up and the volcano began to emit unusual gases. North Korean scientists took notice. “People felt we need to know more about this volcano,” said Hammond. In 2011, North Korean vulcanologists put out a request for international expertise to help them learn more. At the time, Hammond and his collaborator, Clive Oppenheimer, were working on a vulcanology project in another sanctioned country, Eritrea, and so decided to answer the call. Within a month, they had flown into Pyongyang. “It was pretty incredible,” recalls Hammond (left). “We were made to feel like honoured guests, and invited to official celebrations.” The scientific opportunity was huge. Paektu is unusually positioned, a thousand kilometres from where tectonic plates rub against each other in the Pacific. “It was an incredibly interesting volcano, but not much research had been done, at least not in the international community,” he said. “There was so much we felt we could do. And we had these partners that were super keen to engage.”The mission received an unusual visitor in the form of volcano-obsessed filmmaker Werner Herzog, who accompanied Hammond and Oppenheimer while directing his 2016 film Into the Inferno about volcanos across the world. Four days into the trip, the German director delivered a long speech about reunification to his North Korean hosts, recalls Hammond. “He got to the heart of the Koreans and how they felt, and how they thought, in a way that I'm not sure I ever will,” he said. UN sanctionsHowever, Hammond realised he’d been “naïve” about how difficult it would be to collaborate with North Korea, which was sanctioned far more heavily than Eritrea. “We didn’t fully appreciate the all-encompassing nature of restrictions,” he said. In 2016, as tensions escalated over Pyongyang’s nuclear tests, a United Nations resolution banned all joint scientific work with North Korea. However, the UN sanctions did allow countries to request carve outs, and the UK successfully requested an exemption for Hammond’s work. Related articlesEU pushes for joint science diplomacy, but care needed to avoid gridlock, experts sayRussia severs its last ties with German scienceAnchor Greenlanders in Arctic climate research, experts tell EU ahead of policy updateExport controls have also delayed Hammond’s work. In one case, it took 18 months to get approval from the UK government to take seismometers, which measure earthquakes, to North Korea. “It was frustrating,” he said. “But they didn’t just say no.” However, one instrument, called an induction coil, used to measure how the earth conducts electricity, was blocked entirely because it can in theory be used to detect submarines. Karaoke bondingSince the collaboration started in 2011, Hammond has visited the country around 15 times, although the pandemic closed off North Korea for more than five years. A trip last November was Hammond’s first since the outbreak. Despite this lengthy interlude, Hammond has deep bonds in the country. The North Korean scientists Hammond works with are somewhat isolated, as they struggle to access the latest research papers and travel to international conferences. That said, they are “excellent geophysicists” and are “very well trained in the field,” he said. Over karaoke and chats about their families, “we’ve made friendships, for sure,” he said. The authorities have to sign-off things like the placement of seismometers, for example, but Hammond said these requests have been approved. “Everything that we've asked for within a scientific context has been delivered.”Scientific backchannels? These kind of personal links between scientists across political lines are one purported benefit of science diplomacy. During the Cold War, some historians argue, scientific contact between the US and Soviet Union laid a groundwork of trust for other cooperation, such as on arms control. Hammond agrees that backchannel contacts to North Korean geophysicists are hardly likely to defuse a military crisis on the Korean peninsula, but the simple fact of the scientific collaboration makes contacts between diplomats that little bit easier. “It creates opportunities to understand each other a little bit better,” he said. “When maybe you have those more difficult discussions as diplomats, it's coming from a slightly better place.” Cutting tiesDrawing lessons from the Mount Paektu mission for today’s links with Russian science isn’t simple. The analogy is far from exact, Hammond said, “because one is essentially a Cold War, versus a pretty hot war in the case of Russia.” But Hammond’s broader argument is that the challenges we face, such as climate change, pandemics, biodiversity loss, pollution and so on, have globalised in an unprecedented way, making blanket shutdowns in collaboration with any country unwise.He’s somewhat critical of the UN scientific sanctions imposed on North Korea in 2016, even though they did allow for exceptions. “I think a blanket halt to some of these things, when we face big global challenges [. . .] that’s quite a risky thing to do,” he said.Institutional endorsement?European academics are still by and large free to work individually with Russian counterparts. However, official, institutional partnerships have largely ended. Shortly following the full-scale invasion of Ukraine in 2022, Russian university rectors wrote a public letter endorsing the war, meaning European universities fear official collaboration could also be seen as a kind of endorsement. Hammond acknowledges there is a risk of legitimising regimes, and state-controlled universities, through scientific cooperation. “That’s the trade off you have to make,” he said. Strategic projectsWith Russia, instead of giving a green light to restart all Arctic science, a middle ground might be firing up a few carefully selected “strategic” projects, said Hammond. After all, European countries are still collaborating with Russia on the International Thermonuclear Experimental Reactor, an experimental nuclear fusion plant in the south of France. However, even if Europe did try to revive Arctic science with Russia, there’s no guarantee Russian scientists would play ball. A series of high-profile arrests of physicists in Russia accused of sharing their findings with the outside world has made collaboration fraught. Even before the invasion of 2022, “the Russian regime made it increasingly difficult, and this sort of discouraged people,” Dag Rune Olsen, rector of the Arctic University of Norway, told Science|Business last year.
Is the FDA Really Suppressing Science? Plus. . .
It’s Thursday, May 7. This is The Front Page, your daily window into the world of The Free Press—and our take on the world at large. Today: Aaron MacLean says Trump is poised to snatch defeat from the jaws of victory in the Iran war. Joe Klein on the life of CNN founder Ted Turner. Jillian Lederman on why cruise ships are here to stay. And much more. But first: Is the FDA suppressing science? On Tuesday, The New York Times published a story with an alarming takeaway. “FDA Blocked Publication of Research Finding Covid and Shingles Vaccines Were Safe,” read the headline. It is the latest in a string of stories that all have the same message: The Food and Drug Administration (FDA), and other agencies, are engaged in a cover-up—and silencing scientists trying to get the word out about the Covid vaccine. What all these stories suggest—some more subtly than others—is that the outsiders now running the public health establishment, officials such as Marty Makary at the FDA and Jay Bhattacharya at the National Institutes of Health, are on a revenge tour. That they are doing harm to the country to get back at the scientists and bureaucrats who ostracized them for deviating from the public-health consensus during the pandemic. It’s a seductive narrative. But is it true? That’s the question we address in our latest editorial. —The Editors Read [ Marty Makary's FDA Has All the Right Enemies ](https://www.thefp.com/p/marty-makary-vaccine-study-fda) [ Trump Blinks First ](https://www.thefp.com/p/iran-peace-deal-pakistan-trump-strait-of-hormuz) Aaron MacLean In return for no detectable concessions, President Trump this week gave up on forcing open the Strait of Hormuz. Now, the Trump administration looks desperate for a deal to end the war with Iran. It’s easy to understand the desire to end the war, but are they blowing the chance at victory? Aaron MacLean makes sense of the administration’s latest moves—and Iran’s response—in his column today. Read full story Aaron MacLean and Niall Ferguson: Live in New York City Join Aaron MacLean and Niall Ferguson on May 19 for a live recording of School of War at the iconic New York Historical. In a conversation as timely as it is wide-ranging, Aaron and Niall will explore the strategic stakes of the moment, including the Middle East, China, and the future of American leadership on the global stage. Get Tickets Now [ Ted Turner, the Optimist Who Built CNN ](https://www.thefp.com/p/ted-turner-cnn-tribute) Joe Klein The man who gave us CNN and the 24-hour news cycle, Ted Turner, died Wednesday at the age of 87. Today, political writer Joe Klein—who almost ghostwrote Turner’s autobiography—remembers his friend, the American media mogul who stood out for his idealism and lack of a filter—something that got Turner in trouble more than once. “His was not a traditional intelligence, but one of horizon: Ted saw things before other people did,” Joe writes. Read full story [ Nothing Can Sink the Cruise Ship ](https://www.thefp.com/p/cruise-ship-hantavirus) Jillian Lederman A viral outbreak on a cruise ship that left three passengers dead has left some people wondering: Are cruise ships on the way out? Not so fast, says Jillian Lederman, who has been on many a cruise herself. Read her piece on why 38 million people a year take a cruise—and aren’t about to stop. Read full story [ The Great Writers Who Were Terrible People ](https://www.thefp.com/p/the-great-writers-who-were-terrible) Shilo Brooks Throughout history, some of the greatest literary geniuses have also been immoral bigots. In the latest episode of Old School, Shilo Brooks is joined by Eli Lake for a conversation about those geniuses, from Voltaire to Norman Mailer and Roald Dahl—and why we should read their work despite their odious prejudices. Listen on MORE FROM THE FREE PRESS [ Inside the Digital Intifada ](https://www.thefp.com/p/digital-intifada-social-media-hamas-terror) Warren Kinsella Read full story [ This Week in American History: Trump’s Over-Arching Problem ](https://www.thefp.com/p/this-week-in-american-history-trumps-over-arching-problem) Jonathan Horn Read full story [ Humanity Is Still Evolving—and Fast ](https://www.thefp.com/p/humanity-is-still-evolvingand-fast) Razib Khan Read full story THE NEWS Thirteen D.C. Metropolitan Police officers have been placed on administrative leave and could face termination after an internal investigation found evidence that crime statistics were manipulated to make the city look safer. The Republican-led House Oversight Committee previously alleged that former D.C. police chief Pamela Smith pressured officers to skew data. Tennessee Republicans unveiled a redrawn U.S. House map yesterday that would split up Memphis’s black-majority Democratic district, the latest move in a nationwide push to redraw congressional boundaries ahead of the midterms. The effort follows a Supreme Court ruling last week on Louisiana’s districts, which Tennessee House Speaker Cameron Sexton said gave states the green light to redraw maps along partisan lines. Israel struck Beirut for the first time since a ceasefire with Hezbollah took effect last month, saying it targeted a commander of the militant group’s elite Radwan force in the city’s southern suburbs. The strikes risk destabilizing that truce at a delicate moment, as Iran and the U.S. report progress toward a deal to resolve their own standoff. The U.S. Air Force is aiming for a Fourth of July delivery of a Boeing 747 gifted by Qatar, hoping to add it to the Air Force One fleet in time for the U.S.’s 250th anniversary, Reuters reported. (For more on the controversy surrounding the aircraft, read Jed Rubenfeld’s piece “It’s a Terrible Idea, but Trump Probably Can Accept a Free Jet from Qatar.”) Commerce Secretary Howard Lutnick testified privately before Congress that he has no memory of why he and his family dined on Jeffrey Epstein’s private island in 2012, according to Reuters. The admission contradicts Lutnick’s earlier claim that he had cut ties with the convicted sex offender well before that visit. Weeks before a former JPMorgan investment banker filed a lawsuit packed with explosive allegations, the bank reportedly offered him $1 million to settle his sexual assault and harassment claims, according to The Wall Street Journal. The suit, filed by Chirayu Rana, alleges he was sexually assaulted by a female colleague, subjected to racial discrimination, and forced into a degrading dynamic at work. JPMorgan says the claims lack merit, and the female colleague’s lawyers call the accusations fabricated. A new report from the Hartford Institute for Religion Research shows that, for the first time in roughly 20 years, church attendance is trending upward, with more people volunteering and clergy expressing renewed optimism. The study’s authors described the findings, based on a survey of more than 7,400 congregations, as showing signs of widespread recovery from low attendance numbers.
China says ties with US remain stable ahead of Trump visit despite ‘disruptions’
China's top diplomat says ties with the U.S. remain generally stable despite many challenges | Talk Radio 1210 WPHT
China says ties with US remain stable ahead of Trump visit despite ‘disruptions’
China's top diplomat says ties with the U.S. remain generally stable despite many challenges | News-Talk 1380 WAOK
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