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Hundreds of Marvel Rivals cheats named and shamed in "an immediate, targeted purge"
Played against someone in Marvel Rivals you think is cheating? Their name might be on this list.
Canadian Physician-Founded Ava Industries Named Best Electronic Health Record Service in the 2026 MedTech Breakthrough Awards
Ava Industries (Ava), the Canadian electronic medical record (EMR) company built by physicians for physicians, has been named "Best Electronic Health Record Service" in the 2026 MedTech Breakthrough Awards program, a global recognition platform honouring innovation in digital health and medical technology.
Hasan Piker names pro-CCP tycoon Singham as financier of 'political movements' despite nonprofit veneer
Hasan Piker named Neville Roy Singham as a key financier behind pro-communist U.S. nonprofits engaged in political advocacy, a first from the network.
John Hill Named Director of Brookhaven National Laboratory
Physicist John Hill has been named director of Brookhaven National Laboratory effective May 21. Hill has served as interim lab director since September 2025.
Science Hill names Wes Jones as head cross country coach
Wes Jones was named as Science Hill High School's head cross country coach on Monday.
Loyola’s Data Science in Everyday Life
Loyola University Maryland will hold “Data Science in Everyday Life: Applicability, AI, and Other Trends,” a networking and panel event exploring data science from a range of perspectives across industry and government.A keynote address delivered by data science industry expert David Norton, MBA ’95, will begin the event. Norton is the chairman and chief marketing officer of GALE Partners, a digital and analytics-based branding agency. He was named Chief Marketing Officer of the Year in 2010 and wrote “The High Roller Experience,” a book about data-driven marketing.Norton will moderate the panel discussion, which includes:• Elise Beisecker, senior data scientist in the U.S. Government Accountability Office• Amanda Muller, Ph.D., chief of responsible technology at Northrop Grumman• Franklin Hernandez, MBA ’13, M.S. ’20, senior lead machine learning engineer at Booz Allen Hamilton• Joseph Girsch, M.S. ’21, machine learning analyst at The Johns Hopkins University Applied Physics Laboratory• Mark Wicks, retired vice president of data science, data scientist, machine learning engineer and software developerHernandez and Girsch each earned an M.S. in Data Science from Loyola.The event is free and open to the public. Networking and appetizers will begin at 5:30 p.m. followed by the keynote address and panel discussion at 6:30 p.m. and audience questions and closing remarks at 7:30 p.m. To learn more and register to attend or stream the event online, visit the event webpage.
Vikings QB Room Named One of the Worst in NFL
If you are excited about the Minnesota Vikings’ quarterback changes in 2026, mainly the addition of Kyler Murray, CBS Sports […]
Science Hill High School names Wes Jones new cross country coach
JOHNSON CITY, Tenn. (WJHL) – Science Hill High School named Wes Jones as the new head coach of the Hilltoppers cross country program, school officials announced this week. Jones takes over th…
Former Texas A&M standout named Broncos' most promising UDFA
The Denver Broncos signed several UDFAs following the 2026 NFL Draft, but there's one who stands above the rest.
Minneapolis bar dedicated to women's sports named best local sports bar in the US
A Bar of Their Own, Minnesota's only bar focused exclusively on women’s sports, just scored national recognition.
Woodbine Docuseries Finalist In Two Categories For Prestigious Sports Award
Woodbine Entertainment’s docuseries, “Woodbine: Free Rein”, has been named a finalist in two categories for the prestigious 8th Annual Hashtag Sports Awards, presented by The Engagement Academy of Sports Entertainment (EASE), which recognizes excellence in engagement across the sports, media, and ...
Woodbine Entertainment’s Docuseries Finalist in Two Categories for Hashtag Sports Awards
TORONTO, May 25, 2026— Woodbine Entertainment’s docuseries, “Woodbine: Free Rein”, has been named a finalist in two categories for the prestigious 8th...
Woodbine Entertainment’s Docuseries Finalist in Two Categories for Hashtag Sports Awards
TORONTO, May 25, 2026— Woodbine Entertainment’s docuseries, “Woodbine: Free Rein”, has been named a finalist in two categories for the prestigious...
Spurs-Thunder: Victor Wembanyama beats buzzer with half-court shot, capping dominant first half
The first half of Sunday's Game 4 of the Western Conference finals was a grind for pretty much anyone not named Victor Wembanyama.
Sixers' Tyrese Maxey named to All-NBA third team
Tyrese Maxey was awarded for his impressive numbers throughout the season.
Minneapolis' A Bar of Their Own named Best Local Sports Bar by USA Today readers
A Twin Cities sports bar appeared on the national stage last week for all the right reasons.
Business People: Pakou Yang to lead Normandale Community College
EDUCATION The Minnesota State Colleges and Universities announced it has named Pakou Yang as president of Normandale Community College, Bloomington. Yang has served as interim president at Normandale since June 2025. She becomes the…
21 assists: Bruno Fernandes joins the Premier League legends 👑
Into the history books.This Sunday, Manchester United wrap up their excellent 2025-2026 Premier League season away at Brighton. In a final outing that saw Bruno Fernandes, named Player of the Season t...
Grove City's Tommi Ewing named OSU Wexner Girls Athlete of the Week
In five games, the softball star batted .643 with nine hits, including five home runs and two doubles, 10 RBIs, nine runs and no strikeouts.
Virginia Tech baseball’s Ethan Ball named Saturday Sports Extra “Anchor All Star” for May 23rd, 2026
The freshman slugger made an impact for the Hokies in two games in the ACC Tournament
📋 Flu named to face Mirassol and target second place
At Maião, in the interior of São Paulo state, Fluminense and Mirassol face off this Saturday (23) at 7:00 p.m. (Brasília time) in the 17th round of the 2026 Brasileirão.The Rio Tricolor sits in th...
Fernandes named Premier League player of season
Midfielder Bruno Fernandes becomes the first Manchester United player to win the award since Nemanja Vidic in 2011.
Scientists discover giant sea predator Tylosaurus rex that terrorized ancient oceans
A colossal new sea predator named Tylosaurus rex has been identified from fossils found in Texas, revealing a brutal 43-foot-long hunter that ruled ancient oceans 80 million years ago. The discovery not only introduces one of the biggest mosasaurs ever known, but also shakes up long-standing ideas about how these marine reptiles evolved.
Local Roundup: UCD’s Connors named to Hero Sports list
Hero Sports has named UC Davis linebacker Porter Connors the 10th-best returning linebacker among this year's batch in the Football Championship Subdivision, placing one of the best defenders in the
Bezbatchenko named Haslam Sports Group's president of global soccer
Former Crew general manager Tim Bezbatchenko has been hired to oversee Columbus' two soccer teams in his return to the city.
Liverpool title-winner named in England’s 2026 World Cup squad
Liverpool Leader Henderson Earns England World Cup CallJordan Henderson’s remarkable football journey has taken another significant turn, with the former Liverpool captain officially named in Englan...
A legacy built to last: Vanderbilt Health Patient Transport creates Charles "Pete" Marshall Legacy Award to recognize the best of its own
The award is named for Charles "Pete" Marshall, a long-tenured patient transporter who started a summer job at Medical Center North in 1981 after graduating from high school.
Indira Mysorekar, PhD, named vice dean for research, basic science and graduate studies
Penn State College of Medicine has appointed Indira U. Mysorekar, PhD, as vice dean for research, basic science and graduate studies.
Pakistan names three uncapped players for ODI series against Australia
Pakistan on Friday named three uncapped players in a squad of 16 for the three-match one-day cricket international home series against Australia starting next week. Wicketkeeper-batter Rohail Nazir, fast bowler Ahmed Daniyal and all-rounder Arafat Minhas have played handful of T20 internationals but have been selected for the 50-over format for the first time. Nazir and Ghazi Ghori are the two wicketkeepers in the side.
Vanderbilt's Candice Storey Lee named athletic director of year
Sports Business Journal cites extensive work on school's athletic facilities, as well as impressive sports results
Spencer Pratt calls Jesus Christ his political role model
Spencer Pratt named Jesus Christ as his top political role model in an interview as he campaigns for Los Angeles mayor against incumbent Karen Bass.
Jetson Leder-Luis Named Poets & Quants Best 40-Under-40 Business Professors
Jetson Leder-Luis, Assistant Professor of Markets, Public Policy and Law, has been named to the Poets & Quants 2026 Best 40-Under-40 Business Professors list, which aims to identify and celebrate the […]
NHL named Sports League of the Year
From the players returning to the Winter Olympics, the GR8 Chase, and two outdoor games in Florida, The NHL was named Sports League of the Year at the Sports Business Awards
The Expanse: Osiris Reborn Recasts Male Lead Following Player Feedback
Owlcat Games stated that the unnamed voice actor 'felt less expressive than we wanted'
The big Strauss Zelnick interview: GTA, AI, Roblox and building the biggest entertainment company in the world
"Technology is not going to take people's jobs, and the big tech companies who laid off people and said it was because of AI were not telling the truth"
"Paradox Drive" Set Revealed for "Pocket" Featuring Paradox...
The next Pocket set will be named Paradox Drive (B3a) and will release on May 28th! As its name implies, it will feature Pokemon with "Ancient" and
Maldonado named APS Congressional Science Fellow
Danielle Maldonado, a doctoral student in physics, will use her scientific expertise to inform federal policymaking during a yearlong fellowship on Capitol Hill as a 2026-27 American Physical Society Congressional Science Fellow,
SFA’s JacksTeach program names second science teacher fellow
NACOGDOCHES, Texas –– Following the successful launch of its educator support initiative last year, Stephen F. Austin State University’s JacksTeach program has named alumna Amy Calhoun, chemistry teacher at Sabine High School in Gladewater, as the recipient of the second annual JacksTeach Science Teacher Fellowship.
Cockroach Janta Party (CJP): How Abhijeet Dipke's collective became an online sensation
A satirical collective named after the cockroach has got millions of online followers in less than a week.
Ward and Smith Co-Managing Director Devon Williams Named to Triangle Business Journal “40 Under 40 Leadership Award”
The Triangle Business Journal (TBJ) recently selected Devon Williams as a “40 Under 40 Leadership Award” recipient for 2026. The honor recognizes ou
Data breach on New York public health system claims 1.8M victims, leaking biometric data to hackers
First revealed in March, the incident was confirmed to be months long. NYC Health + Hospitals blamed the intrusion on an unnamed third-party vendor. Stolen data includes medical records, finger and palm prints, and location data from patients and workers alike.
The Steam Team Wins Austin Business Journal Family Business Award, Marks 43 Years Serving Central Texas
AUSTIN, Texas, May 21, 2026 (GLOBE NEWSWIRE) -- The Steam Team has been named a recipient of the Austin Business Journal Family Business Award, ...
NHL named League of the Year at Sports Business Journal Awards
Players in Olympics, outdoor games in Florida among reasons for victory
NHL named League of the Year at Sports Business Journal Awards
Players in Olympics, outdoor games in Florida among reasons for victory
Eddy Cue named 2026 Cannes Lions Entertainment Person of the Year
Eddy Cue has been chosen as this year’s recipient of the Entertainment Person of the Year Award, which will be presented next month at the Cannes Lions festival.
Apple Executive Eddy Cue Named Cannes Lions Entertainment Person Year
The veteran Apple executive will accept the honor in Cannes next month and deliver a keynote address alongside producer Jerry Bruckheimer.
Sabres Goalie Named Potential Trade Target For Division Rival
Could the Sabres deal goalie Devon Levi to one of their top rivals?
Apple's Eddy Named Cannes Lions' Entertainment Person Of The Year
Apple's Eddy Cue will be named Entertainment Person of the Year at Cannes Lions next month.
Frank Mitloehner named UC Davis animal science chair
His appointment is effective June 1.
Crooked Letter Sports: Another championship, another 40-win season, but does Southern Miss have a chance for a national seed?
Today’s Crooked Letter menu has several flavors: college baseball, the Ferriss Trophy, Aaron Rei’s much-deserved PGA Championship victory, another remembrance of Charlie Rugg, the NBA phenom named Wemby and much, much more.
Why renaming this common hormonal disorder is a huge deal
You probably know someone who has a condition that, until last week, was known as PCOS, or polycystic ovary syndrome. It affects one in eight reproductive-aged women. But despite it being such a common disorder, patients are often misdiagnosed and have delayed treatment. Now, medical professionals are trying to change that. After 15 years of work, the condition has been renamed to PMOS, or polyendocrine metabolic ovarian syndrome. The new name reflects the real driver of the condition: disruptions in hormones. But how much can changing a name really do? Click here to access resources about PMOS in multiple languages. Interested in more science? Email us your question at shortwave@npr.org.Listen to every episode of Short Wave sponsor-free and support our work at NPR by signing up for Short Wave+ at plus.npr.org/shortwave.
Materials scientist gains valuable research experience
The opportunities at the College of Engineering and Applied Science are what attracted Ananth Balasubramanian to the University of Cincinnati. He came to UC as a master's student and after two years, transitioned to a direct PhD program in materials science and engineering. Here, he works in the Digital Fabrication Laboratory and recently was named Graduate Student Engineer of the Month by CEAS.
Dodgers on Deck: Wednesday, May 20 at Padres
Shohei Ohtani is on the mound for the Dodgers at the end of their stretch of 13 game days in a row, starting the series finale against the San Diego Padres on Wednesday night at Petco Park. Ohtani was named the National League pitcher of the month for March/April, and has allowed six total runs […]
Jonathan Weigel named one of the World's Best 40-Under-40 Graduate Business Professors by Poets & Quants - Haas News
Assistant Professor Jonathan Weigel, who teaches business ethics to MBA students and studies how fragile states can build more accountable governance, has been named one of Poets & Quants’ “World’s Best 40-Under-40 Graduate Business Professors of 2026.” Weigel was selected from more than 1,700 nominations from students, administrators, and faculty members at business schools around […]
Darden’s Christoph Herpfer Named One of “Best 40 Under 40 Business Professors” by Poets & Quants
Citing his holistic teaching approach, research with real-world application, and pioneering work to develop Darden's healthcare offerings, Poets & Quants named Christoph Herpfer to its list of the Best 40 Under 40 MBA Professors for 2026.
France Politics
French President Emmanuel Macron delivers his speech during a conference named "No Money for Terror", on the sidelines of the G7 finance ministers meeting, aimed at cutting off financing of
Chicago Reader names a new publisher
The Chicago Reader has named a new publisher as the long-struggling alternative news outlet continues its latest turnaround effort.
Sustainable Ag Named National Science Foundation Research Fellow
Sydney Bryson, a sustainable land and food systems major in the Department of Natural Resources and Environmental Design, was named an NSF Graduate Research Fellow.
Scientists discover over 1,100 new marine species
Scientists have named 1,121 new marine species in a single year - from deep-sea ghost sharks to cave shrimp off Marseille.
Alabama city named one of the nation’s 50 best sports business cities
The Sports Business Journal published its fourth annual list.
VIDEO: NFIB’s Josh McLeod Discusses Top Small Business Issues on C-SPAN
WASHINGTON, D.C. (May 19, 2026) – NFIB Director of Federal Government Relations Josh McLeod joined C-SPAN’s Washington Journal on Monday to discuss the current state of the small business economy and the top issues that are impacting Main Street. McLeod explains how the 20% Small Business Deduction
Central's Jacie Reardon embraces chaos of multi-sport spring, enters state among top throwers
Reardon is ranked top-three in the discus, shot put and javelin ahead of this week's state meet.
Dr. Elisabeth Ploran named inaugural dean of SFA’s College of Health Professions
Following a nationwide search, Stephen F. Austin State University has appointed Dr. Elisabeth Ploran as the inaugural dean of the College of Health Professions. Ploran will begin her tenure in July, coinciding with the launch of the new college.
The latest on Ebola: A travel ban and an old vaccine
Affordable Care Act changes, drinking while pregnant, and more health news from Morning Rounds
Commanders named best team fit for the 'other' Diggs
The Washington Commanders have been named the best team fit for former Cowboys star.
Indianapolis named No. 3 Best Sports Business City
With the No. 3 ranking, Indianapolis jumps eight spots from the inaugural rankings in 2023, when it was ranked No. 11.
Dr. Francesca L. Beaudoin named School of Public Health dean at Brown
Currently serving as interim dean, the accomplished physician and scholar will advance academic excellence, expand research and provide strategic direction for the school.
Woodbridge school counselor named 2026 Delaware Behavioral Health Professional of Year - State of Delaware News
Taylor Richey, a school counselor from the Woodbridge School District, is the state’s 2026 Delaware Behavioral Health Professional of the Year. Secretary of Education Cindy Marten made the announcement at a statewide banquet honoring the district and charter network behavioral health professionals of the year. The Woodbridge Early Childhood Education Center counselor said […]
TXSE pulls from Jane Street, blockchain, D-FW business for new leaders
The upstart exchange announced its board of directors, while its parent company TXSE Group named a CFO.
Global consortium renames polycystic ovary syndrome to reflect science
First, it was named after two men. Then, it was named for a false premise. Now, after more than a century, one of the most common hormone disorders affecting women worldwide has a name that reflects the science.
The Dory Sign is E ink, smart screen simplicity at its finest
Dory CEO claims the $149 signs won't be bricked should Dory go out of business.
Atlanta ranked nation's best sports business city ahead of World Cup
Atlanta has been named the top sports business city in the country by Sports Business Journal.
Atlanta ranked nation's best sports business city ahead of World Cup
Atlanta has been named the top sports business city in the country by Sports Business Journal.
Dr. Magdalena Toda named College of Natural and Applied Sciences dean - News
She will begin the position July 1.
Indianapolis Tabbed No. 3 Best Sports Business City by Sports Business Journal
CHARLOTTE – Sports Business Journal (SBJ) has named Indianapolis as the No. 3 Best Sports Business City in the United States, the organization announced on Monday. The Best Sports Business Cities™ list highlights the top 50 cities for businesses operating in and around sports and influences strategic direction for sports business professionals across the United States. Started in 2023, Best Sports Business Cities™ is an editorial initiative developed by Sports Business Journal, the industry’s leading news source on the business of sports. Using extensive data from dozens of sources and insights from nearly 120 influential sports business executives, SBJ evaluated more than 2,000 markets to identify the top cities based on opportunity, economic environment and industry sentiment to identify cities with strong business presence, hiring potential and long-term investment viability.
Indianapolis Tabbed No. 3 Best Sports Business City by Sports Business Journal
CHARLOTTE – Sports Business Journal (SBJ) has named Indianapolis as the No. 3 Best Sports Business City in the United States, the organization announced on Monday. The Best Sports Business Cities™ list highlights the top 50 cities for businesses operating in and around sports and influences strategic direction for sports business professionals across the United States. Started in 2023, Best Sports Business Cities™ is an editorial initiative developed by Sports Business Journal, the industry’s leading news source on the business of sports. Using extensive data from dozens of sources and insights from nearly 120 influential sports business executives, SBJ evaluated more than 2,000 markets to identify the top cities based on opportunity, economic environment and industry sentiment to identify cities with strong business presence, hiring potential and long-term investment viability.
Sports Business Journal Announces the 2026 Best Sports Business Cities™ in the U.S.
/PRNewswire/ -- Atlanta has been named the No. 1 Sports Business City in Sports Business Journal's annual rankings. The Best Sports Business Cities™ list...
Sports Business Journal Announces the 2026 Best Sports Business Cities™ in the U.S.
Atlanta has been named the No. 1 Sports Business City in Sports Business Journal's annual rankings. The Best Sports Business Cities™ list highlights the top 50 cities for businesses operating in and around sports and influences strategic direction for sports business professionals across the United States.
Sports Business Journal Announces the 2026 Best Sports Business Cities™ in the U.S.
/PRNewswire/ -- Atlanta has been named the No. 1 Sports Business City in Sports Business Journal's annual rankings. The Best Sports Business Cities™ list...
Bluffton sandwich shop named Palmetto State’s Small Business of the Year
A Bluffton sandwich shop was named South Carolina’s small business of the year. Opened 23 years ago, the local institution is known for its New York-style sandwiches.
Carrick backs Shaw for the World Cup
Manchester United boss Michael Carrick thinks Luke Shaw should be in England's World Cup squad when it is announced by Thomas Tuchel on Friday. Shaw was named in Tuchel's expanded 55-man squad when it was submitted to world governing body Fifa earlier this month. The 30-year-old has started every Premier League game for United this season, and he scored his first goal for the club in over three years in the 3-2 victory over Nottingham Forest.
Spaceborne snapshot compressive hyperspectral imaging
Light: Science & Applications - We propose and complete the world’s first computational imaging-enabled compact spaceborne snapshot compressive hyperspectral payload, named...
French bulldog found outside Walgreens being cared back to health
Officials are caring for a French bulldog mix named Miracle who was found in bad shape in Fort Lauderdale.
Business People: General Mills veteran Dana McNabb named COO
General Mills, Golden Valley, announced that Dana McNabb has been promoted to chief operating officer, effective June 1. MONO, a Minneapolis- based ad agency, announced the return of Jeffrey Gorder as CEO. Pope Design Group, St. Paul, announced the addition of Sara Rapp as northern Minnesota market lead, based in Duluth.
New Brabus Twin-Turbo V12 Coupe Rocks a Long Hood and a Long Tail
Named after the company's founder, this limited-edition coupe is as long as some three-row SUVs.
📋 Inter and Vasco named for Beira-Rio clash
Inter and Atlético-MG are set for this Saturday’s (16) Brasileirão clash.The match will take place at Beira-Rio and counts for the 16th round of the league.Both teams come into it after advancing ...
Aura Takes Renny Harlin's The Beast with Samuel L. Jackson for U.S.
Joel Kinnaman co-stars in the film, about U .S. president trying to fight against a coup using the secret capabilities of the presidential limousine, nicknamed 'The Beast.'
Aura Entertainment Takes Renny Harlin’s Samuel L. Jackson Actioner ‘The Beast’ for U.S. (Exclusive)
Joel Kinnaman co-stars in the film, about U .S. president trying to fight against a coup using the secret capabilities of the presidential limousine, nicknamed 'The Beast.'
North Dakota Rural Health Awards recipients named
Dr. Erika Stein of Northwood Deaconess Health Center and Shawnda Schroeder of the UND Department of Indigenous Health are among the awardees.
Global GO Fest Mega Raids and 5 Star Raids Have Been Revealed
Trainers, the Pokémon GO Fest 2026: Global Mega Raids and Five-Star Raids have been revealed, and they are absolutely overwhelming! This year, Mega Mewtwo X and Mega Mewtwo Y are the stars of the event, but they will be joined by more than 50 other Pokémon across both event days. In case you need a […]
Santa Clara University, Sutter Health to open new medical school
The new institution, to be named the Mark and Mary Stevens School of Medicine, will be located in northern Santa Clara near a planned Sutter Health medical complex.
Why Xi Took Trump Inside Zhongnanhai, China's Most Guarded Political Compound
Zhongnanhai, named after two lakes located within the compound, is not only a workplace but also the residence of China's senior leadership.
McMaster appoints Dr. Brannon Traxler acting director of Department of Public Health
Gov. Henry McMaster has named Dr. Brannon Traxler as acting director of the South Carolina Department of Public Health.Traxler currently serves as the agency’s
'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".
Scientists discover giant “last titan” dinosaur, Southeast Asia’s largest ever
A massive new dinosaur discovered in Thailand is rewriting Southeast Asia’s prehistoric history. The newly named Nagatitan chaiyaphumensis was a colossal long-necked sauropod that weighed around 27 tonnes and lived more than 100 million years ago. Scientists believe it may be the last giant sauropod ever to roam the region before rising seas transformed the landscape.
Mercer Health earns Numerous National Awards for Excellence in Care
Mercer Health continues to earn national recognition for delivering exceptional healthcare. Multiple prestigious organizations have honored Mercer Health for its outstanding patient experience, clinical excellence, and commitment to quality care. Newsweek Best-In-State Mercer Health has been named one of Newsweek’s Best‑In‑State Hospitals for 2026, a distinction awarded to hospitals that demonstrate superior performance across patient […]
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
France 2026 World Cup Roster: Real Madrid's Eduardo Camavinga Among Notable Omissions
France named its World Cup squad, with surprise goalkeeper call-up Robin RIsser highlighting Didier Deschamps' final tournament roster as France aims for another title.