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Amazon’s last-gen Paperwhite is on sale for less than the entry-level Kindle
It’s still one of the best e-readers you can buy.
US Squash Launches Official Supplier Program with Harrow Sports as Inaugural Partner
Harrow Sports Designated “Official Supplier” & Sponsor of Junior Championship Tour Event; Program Delivers Membership Discounts, Offerings & Athlete Support US Squash today announced the launch of its Official Supplier Program, a new platform designed to expand value for its membership and the squash community through product discounts, access to demo equipment and new products, […]
Amazon plans to add SpaceX's Grok models, boosting AI offering
Amazon Web Services is in talks to add Grok models to AWS's Bedrock AI platform, expanding its AI offerings and reach.
The real lesson of the E. Jean Carroll investigation is Trump’s weakness
Trump’s war on his enemies keeps running into the same problem.
YouTube Premium gets three new features for an even better podcast experience
YouTube Premium is getting three new features aimed at people who use the platform to listen to podcasts. Check them out today!
YouTube takes baby steps to being a real podcast app
YouTube’s AI can automatically speed up your podcast.
What’s next for Microsoft’s Surface PCs?
The future of Surface looks like a much smaller lineup of devices.
YouTube adds new podcast features, including an AI recommendation tool and 'Auto speed'
The update signals YouTube's ongoing efforts to compete with other platforms for podcast audiences.
Mark Zuckerberg’s $145 Billion AI Gamble Could Spawn Meta’s Next Monster Business
The artificial intelligence arms race has turned Silicon Valley into a spending contest. Meta Platforms (NASDAQ:META), Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), and Amazon (NASDAQ:AMZN) are pouring hundreds of billions of dollars into chips, servers, networking gear, and data centers in a scramble to dominate AI infrastructure. The question investors are wrestling with is simple: how much ... Mark Zuckerberg’s $145 Billion AI Gamble Could Spawn Meta’s Next Monster Business
Intel’s first handheld gaming chip is the Arc G3, and this Acer is using it
And Acer’s first handheld will use it.
Teladoc Health inks partnership with Walmart to expand virtual care services
Teladoc Health is expanding its retail partnerships with a new tie-up with Walmart to offer its virtual care services through the company's Better Care Services platform. | Teladoc Health is expanding its retail partnerships with a new tie-up with Walmart to offer its virtual care services through the company's Better Care Services platform.
Teladoc adds virtual care services to Walmart digital health platform
Customers using Walmart’s Better Care Services will be able to access Teladoc’s virtual care products, including urgent care, dermatology and nutrition support.
Call of Duty series comes to Nintendo Switch 2
The Call of Duty series returns to the Nintendo platform with Modern Warfare 4, launching on Oct. 23, 2026, on Nintendo Switch 2.
Qualcomm announces Snapdragon C for budget Windows 11 ARM laptops targetting $300 and up
Qualcomm Snapdragon C targets $300 entry-level laptops Snapdragon below Snapdragon X. Qualcomm has announced the Snapdragon C Platform, a new Arm-based
Sirio bets on longevity with science-backed ingredients in fun formats
Amid a trend for healthy aging, Sirio built a longevity platform for daily habits that it introduced at Vitafoods Europe 2026. Nutrition Insight meets up with the company to discuss its take on longevity — science-backed ingredients in fun formats for daily adherence that are marketed responsibly.“We’re really just getting started,” Maria Pavlidou, head of Marketing at Sirio Europe, tells us. “It’s fascinating what is going on with longevity in different fields.”
Temu Hit With Fine in E.U. Over Sales of Unsafe Goods
The Chinese e-commerce platform faces a penalty of more than $230 million for selling baby toys and other products the European Commission said could harm consumers.
Caesars acquired by Fertitta Entertainment in $17.6B deal
The combination would bring Caesars’ iconic resort portfolio and digital gaming platform under the same roof as Fertitta’s Golden Nugget Hotels & Casinos and Landry’s restaurant brand.
Prediction markets and sports wagering apps draw young users with gamification and memes
Some sports wagering platforms, as well as popular prediction markets Kalshi and Polymarket, are touting their availability to users starting at 18 despite most U.S. states restricting gambling to 21 and older.
Music Local app helps Tallahassee residents find events in one spot
Nonprofit online platform Music Local centralizes Tallahassee show announcements to help the local music scene thrive.
P2 Science Raises $23 Million to Produce Green Chemicals for Beauty, Personal Care Sectors
Biotechnology and green chemistry company P2 Science announced that it has raised $23 million in a new financing round, with proceeds aimed at accelerating its growth in the beauty and personal care ingredients market, and expanding its platform into new markets. Co-founded by Professor Paul Anastas and Dr. Patrick Foley at the Center for Green […]
Bournemouth want to keep key trio
Eli Junior Kroupi, Rayan and Alex Scott – this summer. The Cherries will present a strong case that European football only enhances the platform on offer at Vitality Stadium, while significant player sales in recent seasons mean there is no financial pressure to sell. Scott, 23, is under contract until 2028, but Bournemouth accept he is deserving of a new deal.
The Texas Senate candidates have two radically different visions of Christianity
A religious fight is brewing in the Lone Star state.
Meta Launches New Enterprise Push to Boost Business Adoption of Its AI Tools
Meta Platformsplans to place engineers and product managers inside large corporate customers as part of a new unit at the social-media giant to push businesses to use its AI tools and services. In an internal memo, senior executive Naomi Gleit said the new organization, called Enterprise ...
From Art And Science To Current Affairs: The 30 Under 30 Asia Content Creators Using Their Platforms To Educate And Entertain
Content creators on the 30 Under 30 Asia: Social Media, Marketing & Advertising list are inspiring others to pursue their passion and demystifying complex topics for a Gen-Z audience.
Meta stock price jumps 3% on plan to sell AI subscriptions
Shares of Meta gained nearly 4% on Wednesday as investors cheered the company's move to start generating recurring revenue from its platforms.
You can print, slice, and engrave using this desktop crafting machine
Get your Etsy sticker shop off the ground with this single machine.
Sony is offering up to 50 percent off some of our favorite PS5 games
Including the excellent Ghost of Yōtei.
Google is bringing Gemini to smart glasses, and they come with one big advantage
During the Google I/O 2026 keynote, the company announced a major expansion of the Android XR platform, unveiling a new line of "Intelligent Eyewear." Built in collaboration with Samsung and...
Here’s how Google is responding to Fitbit users who don’t like the new Health app
Google is working on it, but the Fitbit app isn’t coming back.
Sony’s DualSense controllers are almost 30 percent off
Great for Steam, not just for the PS5.
Roku Unveils First Major Home Screen Update In Over A Decade
Roku is introducing a new home screen it calls more dynamic and smarter and said its platform will reach over 100 million streaming households soon.
UCF Computer Science Students Expand Technology Supporting Military Operations
Today, Reserve Mercury streamlines administrative work for thousands of U.S. Army Reservists, transforming a once paper-heavy process through a platform developed by computer science students.
Mina The Hollower Surpasses The Greatness Of Shovel Knight
With Mina the Hollower, Yacht Club Games has cemented itself as one of the premiere independent studios in the industry today. Its breakout hit, Shovel Knight, was a retro-throwback platformer that merged classic 8-bit-style action with some modern touches. Mina the Hollower looked similarly old-school, with a look and feel that obviously pays tribute to...
Lingokids Interactive Entertainment Report Reveals How Gen Alpha is Redefining Screentime
/PRNewswire/ -- Lingokids, the No. 1 online entertainment platform for young children, released the Kids Interactive Entertainment Report today, a detailed...
Schaeffler and Spire Global Partner to Build European Space Business
The partnership will develop space hardware subsystems, satellite platforms, and advanced radio frequency and environmental sensing capabilities.
The Witcher 3 is getting another expansion, more than a decade after launch
Geralt will be back very soon.
The new Razr Ultra isn’t your average phone — for better and worse
Looking sharp, as always.
Ebola, chemical plants and health, hantavirus, common colds, heat and more
As they say, bugs have ears. Public health has had a relentless May. Chemical plant (near) explosions, Ebola, hantavirus, and that's before you even get to the usual suspects: common colds, heat, and ticks. Here’s an attempt to keep you up to speed and, more importantly, what it means for you and your community. But first, an announcement: World Cup The World Cup starts in 15 days (not like anyone is counting down), and we are hanging TVs in the Health Security Operations Center. It’s going to be a gorgeous, chaotic celebration of basically every culture on earth. And it’s going to take a team effort—from communities to individuals, from public health to health care—to keep people healthy. That’s where you come in. If you’re going to the games or live within 30 miles of a stadium, we would love to hear from you. Sign up for a weekly survey here. Thanks to the more than 1,280 people who have already signed up…you will be hearing from us soon!! Global disease “weather report” Hantavirus: Two more cases The global count of cruise ship passengers with hantavirus has now increased to 13 cases (11 confirmed), with three deaths. The two new cases are overseas and among people who were already quarantining: A crew member in the Netherlands. A Spanish national passenger who was quarantining at home tested positive through daily monitoring. They are now in a biocontainment unit. In the U.S., everyone remains negative. There may be more cases, given that the incubation period of hantavirus (the time from exposure to infection) is 45 days. But this week, we will reach a major milestone: the median incubation window is 18 days, and that will pass on May 29. What this means for you: Your risk from this cruise ship outbreak remains essentially nil at this point. Ebola rages on in Central Africa Big thanks to Dr. Craig Spencer, a humanitarian physician who has treated and survived Ebola, for jumping in to provide the YLE community with an update. Craig, take it from here… The combined confirmed and suspected Ebola cases in DRC are now more than 1,000. All signs are pointing to a very long and catastrophic outbreak in Central Africa: This is a vast undercount. We know this because the test positivity rate is hovering around 50%, only 20% of contacts are being traced (and in some areas, no contacts at all), and more cases keep popping up with no known connection. This all points to widespread and undetected community transmission. This is in only a week of detection. Compared to previous outbreaks, the growth is very fast, as the huge West Africa outbreak in 2016 was first detected at 49 cases and rose to 208 cases a month later. It took four months for that outbreak to reach the size of the current one in the DR Congo. The cases are spread out across 16 health zones. There are now multiple epicenters, making containment very difficult. Next door in Uganda, the case count is seven. While this number is low compared to DRC, a concerning development is that two health care workers recently tested positive with uncertain exposure histories. If they weren’t treating known Ebola cases, this means it’s spreading undetected in Uganda as well. On the ground, backlash, including the burning of health centers, has emerged, a pattern seen in nearly every outbreak and rooted in deep community distrust. It often stems from outside actors working in communities without fully understanding or addressing local priorities. Affected populations may recognize the severity of Ebola while still holding other concerns as more pressing, such as where their loved ones are buried. Community trust is essential to an effective response, but difficult to build during an active emergency. It is best established long before a crisis begins. U.S. priorities are made clear, and may backfire. The U.S. Administration has shown that its first priority is keeping Ebola out, with helping end the outbreak in the DRC a secondary concern. That's meant travel restrictions broader than anything we've imposed before — covering travelers from across the region, and reportedly some green card holders and permanent residents as well. For example, just these past two days, news broke that high-risk American travelers will be subject to a mandatory quarantine in Kenya before they are allowed to return. If an American is infected, the U.S. government plans to send them to a hospital it is standing up from scratch in Kenya. (Currently, Americans who were in the area are allowed to return but are diverted to three airports—Houston, Atlanta, and DC—for further screening.) Past administrations have used travel notices and stepped-up screening; this goes much further. At first blush, these strict precautions may sound prudent. But this approach could backfire in three ways: Restrictions this blunt give people every reason to hide where they’ve been and whom they’ve been near — making the people we most need to find harder to track, not easier. They also breed a false sense that this is someone else’s problem. But diseases are humbling. They find the small cracks in even the most impenetrable-seeming defenses. Lives lost. There is no treatment for this Ebola strain, which means survival depends heavily on the quality of the health system. We have that system in the States, but we are choosing not to use it for infected Americans. This is unbelievable and infuriating. (See a deeper dive from me here.) The only real way to lower the risk to Americans — and everyone else — is to end the outbreak in the DRC and across the region. What this means for you: If you have travel plans to this region, it’s time to cancel them. This is a high-risk situation in Central Africa, and CDC released a Level 4 Travel Advisory. There is also great uncertainty if and when the Administration will let you back in. To the general public in the U.S., your risk remains very, very low right now. U.S. disease “weather report” Ticks: past peak season? Good news, especially for people in the Northeast and Midwest: tick numbers continue to decline. Though we are at the peak of the season, this unusually early year is trending favorably. Heat-related illnesses in the North Heat risk is certainly not blanketing the entire country yet, but this week it will be moderate in the Midwest and the Southeast. What this means for you: Be sure to check the CDC HeatRisk tool. A red day isn’t the best day for that soccer game for a kid with asthma, and a stretch of orange days is a great time to check on your elderly neighbor. Common colds surging As far as respiratory viruses go, the only thing really going around right now is the common cold. It is higher this year than last year, but should peak very soon before returning this fall. Spotlight: Chemical plants Over the weekend, YLE California covered the serious situation that unfolded around a chemical plant in Orange County, California. Thankfully, the worst-case scenario (a chemical explosion) was mitigated, but only through luck. The health implications in a densely populated area could have been catastrophic. As the situation was winding down, another chemical explosion struck Washington State. This one was fatal. Health officials say the risk to surrounding residents from chemicals in the air and ground remains low, though the community deserves far greater clarity. Clean air and clean water consistently rank as Americans’ top public health concerns — yet when chemical disasters strike, communities are too often met with reassurances rather than transparency and accountability. Residents near the 2023 East Palestine, Ohio train derailment, for example, are still waiting to understand the long-term impact on their health, with few clear answers. What this means for you: Many are wondering if facilities processing potentially dangerous materials are in their neighborhoods. This interactive map allows you to enter your ZIP code and see all facilities monitored by the EPA, including any violations. Good news Ebola vaccines and treatment for the Bundibugyo species are in development. Two vaccine platforms are being explored, at least one of which may be deployable in as little as 2 months. One vaccine is being developed by Oxford, and the other uses the same biotechnology as the FDA-approved Zaire species of Ebola. (It may provide cross-protection, but it’s unclear at this point.) On the treatment side, two promising monoclonal antibody cocktails are likely to be deployed, though doses are limited and logistical hurdles remain significant challenges. Anni over at The Biotech Tea had a great explainer about the Ebola vaccine gap, if you want to read more. [ The Biotech Tea The Ebola vaccine gap, reading vessel damage, & the Makary exit 🗝️ Paid subscribers get the Biotech Term of the Week at $30/year (~$2.50/month). I try to keep it intentionally accessible, but if cost is ever a barrier, send me a message. A few people asked about expensing your subscription, so I put together a short email template… Read more 6 days ago · 10 likes · Annicka Evans, PhD ](https://www.thebiotechtea.com/p/the-ebola-vaccine-gap-reading-vessel?utm_source=substack&utm_campaign=post_embed&utm_medium=web) Polycystic ovary syndrome (PCOS) has been officially renamed polyendocrine metabolic ovarian syndrome (PMOS), following more than a decade of debate and input from roughly 22,000 clinicians, researchers, and patients worldwide. This is good because the old name was medically misleading, leading to patients without visible cysts being dismissed or overlooked entirely. The WHO estimates that 70% of people with the condition remain undiagnosed. A more accurate name should improve recognition, reduce stigma, and ultimately help the millions of people living with this condition get diagnosed and treated sooner. Poll Loading... Bottom line Public health situations are everywhere right now. Staying healthy takes public health professionals and systems working tirelessly behind the scenes and each of us showing up for our neighbors and communities. Love, YLE Big thanks to Ed Nirenberg for staying on top of the Ebola vaccines, Hannah Totte for all the figures, Dr. Craig Spencer for the Ebola insight, and Dr. Matt Willis for covering the chemical situation in CA. Your Local Epidemiologist (YLE) comprises a team of experts, ranging from physicians to immunologists to epidemiologists to nutritionists, working together with one goal: to “Translate” ever-evolving public health science so that people are well-equipped to make evidence-based decisions. YLE suite of newsletters reaches over 475,000 people across more than 132 countries. This newsletter is free to everyone, thanks to the generous support of fellow YLE community members. To support the effort, subscribe or upgrade below: Subscribe
Schaeffler, Spire Global team up for space hardware, satellite platforms in Europe
Schaeffler and U.S.-based satellite operator Spire Global have signed a memorandum of understanding to jointly develop space hardware and satellite platforms for European defence, weather and security applications.
Tennessee attorney general says Kalshi is running sports betting under another name
Tennessee’s legal fight against prediction market platform Kalshi is now heading to the Sixth Circuit Court of Appeals, setting up for a growing national battle over whether sports event contracts …
Her Small Business Made $1 Million in 6 Months Thanks to TikTok. Here’s What Worked
How two entrepreneurs used the social media platform to grow their small businesses.
Google Health is here, but a lot of people want their Fitbit app back instead
How do you like your new AI health coach?
Google Health is here, but a lot of people want their Fitbit app back instead
How do you like your new AI health coach?
Trump still thinks he’s winning in Iran
Despite everything, the president is holding out for more before he ends the war.
Sony’s sloppy Spider-Man universe gets even messier with Spider-Noir
Sony’s latest Spider-Man project feels like a case study in beating a dead horse.
Oppo’s Bubble is a thin round screen for taking rear camera selfies
Better selfies, if you have an Oppo phone.
Nvidia has retired its GeForce Control Panel app after 20 years
Nvidia has now ported across all of the major Control Panel features to its Nvidia app.
P2 Science Closes $23 Million Round to Accelerate Commercial Momentum and Expand Green Chemistry Platform into New Markets
P2 Science, Inc., a leading green chemistry company transforming sustainable feedstocks into high-performance ingredients, today announced the close of an oversubscribed $23 million up round led by Sofinnova Partners. Sofinnova is a leading European life sciences venture capital firm based in Paris, London, and Milan. The financing will accelerate P2's commercial growth in beauty and personal care ingredients and expand the company's green chemistry platform into new markets, including aroma tec
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.
Nobody wants to tell me why they only listen their own Suno slop
Suno users are abandoning Spotify for whatever AI spits out.
A battery-powered Starlink Mini is likely on the way
Maximum portability from Starlink’s tiniest dish.
Leo International Precision Health AG builds a Synchronised, End-to-End Precision Healthcare Engine Across the Entire Patient Journey
LIPH AG introduces a synchronised “Precision Health Engine” designed to transform healthcare from reactive treatment into predictive, personalised and continuous care. Planegg / Martinsried, Germany, May 26, 2026 – Leo International Precision Health AG (“LIPH AG” or the “Company”, ticker symbol: LEOW), a holding company building a global AI-driven healthcare ecosystem and listed on the Frankfurt Stock Exchange, continues to expand its precision health platform integrating Healthcare Services, Me
Inhaled fine particulate matter travels beyond the lungs to the brain
A research team led by Drs. Byung-Yong Yu and Gwan-Ho Lee at the Advanced Analysis and Data Center of the Korea Institute of Science and Technology (KIST; President Sang-Rok Oh) announced that it has developed a new analytical platform that can precisely measure the accumulation of fine particulate matter in individual organs, overcoming the limitations of existing analytical technologies.
Teladoc Health Faces Flat Sales And Weaker Revenue Per User Trends
Teladoc Health (NYSE:TDOC) is reporting flat sales over consecutive years, despite continued investment in its virtual care platform. Average revenue per user has been declining, pointing to weaker consumer monetization and softer engagement levels. Management has focused on broadening services, but this has not translated into stronger top line growth or higher earnings quality. The outlook for the next twelve months remains subdued, highlighting ongoing challenges for the...
Why SoundHound's Oasys Platform Could Be a Game Changer for Its Business
The company's new platform uses AI to build AI.
Sennheiser’s new Momentum 5 headphones have upgraded ANC and a replaceable battery
Better sound cancellation and support for lossless Bluetooth audio.
007 First Light Skips Pre-Load on Steam and Xbox; PlayStation 5 Will Be The Only Platform Due To Mandatory Requirement
007 First Light launches this week on PC and consoles, but if you were hoping to pre-load the game ahead of release so as to experience James Bond's new story as soon as it becomes available, and you are not getting the game on PlayStation 5, you will be disappointed to know you won't be able to do so. "I unfortunately have to confirm that 007 First Light will not have a pre-load on Steam or Xbox," IO Interactive representative Arti_IOI wrote on the game's official subreddit. "The earliest point to download the game on Steam and Xbox will be […]
FBI warns of Kali365 phishing service targeting Microsoft 365 accounts
The FBI is warning about the Kali365 phishing-as-a-service platform (PhaaS) that is used to hijack Microsoft 365 accounts by abusing OAuth device code authentication to steal session tokens and bypass multi-factor authentication (MFA).
Axios C-Suite: Everything converges in 2028
Big things are coming: toxic political fragmentation, superintelligent AI and a platform shift bigger than social media.
Menopause health: Moving beyond hormones with metabolic interventions
While menopause’s major hormonal shifts are universally acknowledged, significant changes in women’s metabolic health at this time are frequently overlooked by traditional health care models. Digital wellness company Carrot’s AI platform Sprints is bridging this care gap with deeply personalized, data-driven lifestyle interventions for metabolism during this transition.
14 years after being announced, Star Citizen hits $1 billion in funding.
Announced over a decade ago in 2012, and still floundering in Early Access with no release date in sight, Star Citizen keeps raising money, somehow. According to the funding page, it has now officially crossed the $1 billion mark. [Media: https://www.threads.com/@wario64/post/DYuqFGtGiQc?xmt=AQG0ina5TU2eMHAqf8D67F8GEa7iRI6CPEhaxYPeNO9jVedIr6EJBwqCtZm5OMl8tnQeYqyg]
On Trails is a wandering tale that blends hiking, science, and history
From ants to the internet, trails are life.
Apple’s latest MacBook Air is $200 off in both sizes for Memorial Day
It’s an investment that will last for years to come.
Trot My Tot profile
Scott Klipper, 39, vibe coded Trot My Tot, a platform where parents can find short-term nannies for one-off gigs.
Tencent Music Expands China Audio Ecosystem With Himalaya Deals, Valuation Questioned
Tencent Music Entertainment Group (NYSE:TME) has completed acquisitions of Himalaya and Ximalaya. The deals bring leading podcast and long form audio platforms into Tencent Music's existing music and audio ecosystem in China. The transactions expand Tencent Music's reach beyond music streaming into a broader online audio and spoken word offering. Tencent Music runs a large online music and audio platform in China, with services that span music streaming, social entertainment, and other...
Rust-Based Wild Linker 0.9 Brings New Platform Coverage, Linker Plugin API
Wild Linker 0.9 was released today as the latest version of this very fast linker for Linux systems that is written in the Rust programming language.
Apple Preparing New 'Gen AI' Website Ahead of WWDC
Apple is readying the subdomain genai.apple.com, according to MacRumors contributor Aaron Perris, but it does not yet lead to a live web page. This comes a few weeks ahead of Apple's annual developers conference WWDC, where the company has promised to announce "AI advancements" across its software platforms. Apple's website already has an Apple Intelligence page, so it is unclear what the company's plans are for genai.apple.com at this time.
The man behind the legendary MPC, Roger Linn, stays focused with a single browser tab
Only one tab at a time? Madness.
Linux Mint Making Improvements To Its File Manager, Theme & Dialogs
The Linux Mint project today published their May 2026 status report to outline recent work done to this Ubuntu/Debian-based Linux platform and much of their focus in recent weeks on enhancements to their Cinnamon desktop environment.
Penn College partners with Noodle to secure jobs for health science students
Now in its second year, Penn College’s ongoing partnership with the platform Noodle has enabled students in radiology and nursing to secure guaranteed jobs and employer student loan repayments.
I have a new go-to browser
In this week’s Installer: Star Wars, Forza, podcasts, and Shortcuts.
Myst and Riven remakes, the return of Bubsy and other new indie games worth checking out
Among the indie games we've seen worth checking out is a puzzle platformer inspired by mental health challenges and turning failures into progress.
Bond breakout? Big effects of bad data. Immigration and thermostatic politics & dad-chat is coming for dad-books.
Thank you for opening your Chartbook email. Anna Airy, A Shell Forge at a National Projectile Factory, Hackney Marshes, London, 1918 Bond breakout - John Authers Across the developed markets, bond markets are staging a slow-motion car wreck. Looking at the drastic moves in the US, Japan, the UK and France, Barclays’ Ajay Rajadhyaksha commented: “Last week, long bonds broke. Not in one country. In all of them. Simultaneously. Four countries. Four different political systems. Four different central banks. But the same trade — “get me out of duration!”” Each country has its own contributing political problems, but the uniformity of the shift out of long-term bonds with high duration makes clear that something broader is afoot. For Rajadhyaksha, it is “simple and uncomfortable.” The developed world “has too much debt, too little fiscal discipline, and no political appetite for fixing either.” If there’s a trigger, it has been the Iran war and the resulting shock to oil supply. Source: Bloomberg G7 countries are now borrowing at rates that were enjoyed by EM in the early 2020s For contributing subscribers only. Subscribe Trade between China and Russia has grown in recent years For contributing subscribers only. Subscribe Big effects of bad data A decade ago nearly nine in ten Americans, when approached, agreed to fill out the Current Population Survey, which is administered to about 60,000 households each month and asks about, among other things, employment. Fewer than seven in ten do so now (see chart 1). For the Consumer Expenditure Survey, which tries to capture 3,700 households monthly, the response rate is down from 68% to 40%. … When the information becomes less reliable, investment decisions get more difficult to make. Some may be delayed, creating a potential drag on the economy. A new working paper by Nicholas Bloom of Stanford University, Erica Groshen, former head of the Bureau of Labour Statistics (BLS) now at Cornell University, and Duncan Hobbs and Michael Strain of the American Enterprise Institute, a think-tank, hazards an estimate. Preserving trust in “the integrity and quality of official statistics”, the authors claim, generates economic benefits of about $25 for every $1 spent on the BLS, the agency with an annual budget of $700m that is responsible for many of these data. To arrive at their conclusion the quartet analysed an ignoble episode in the BLS’s recent history. On August 1st 2025 Donald Trump sacked Erika McEntarfer, appointed as the agency’s commissioner by his predecessor, Joe Biden. The president alleged, without evidence, that the BLS’s steep downward revision to recent jobs numbers had been “RIGGED in order to make the Republicans, and ME, look bad”. In fact, it was the wanton dismissal that looked bad in the eyes of many observers. In the following seven days there was a 50% leap, relative to the week before, in the average value of the index of Economic Policy Uncertainty (EPU), which tracks the number of articles mentioning such uncertainty that are published daily in American newspapers. This was a discernible jump even when compared to the chaos caused by Mr Trump’s trade war in April 2025 and his real one in Iran in the past two months (see chart 2). Based on Mr Bloom’s earlier study with other colleagues of the EPU’s impact on business investment, industrial production and employment, the authors estimate that the jump reduced American GDP by over $100bn (0.3%) and non-farm payrolls by 168,000 (0.1%). Source: The Economist Immigration and thermostatic politics (Sarah O’Connor in the FT) A strange thing happened a year and a half ago. No sooner had Americans elected Donald Trump as president on an explicitly anti-immigration platform than US public opinion began to swing much more favourably towards immigration. … to political scientists who study “thermostatic” politics, this development is no surprise at all. Public opinion often moves against the prevailing party, especially if they are perceived to have gone “too far” in one direction. The phenomenon was first explored in the 1990s with reference to fiscal policy, but in recent years it has been particularly evident in the realm of immigration policy. While these swings in opinion polls can make it seem as if people don’t know their own minds, they can be a useful democratic check on governments by sending bright flashing warning lights when policies stray too far from the public’s comfort zone. The problem comes when politicians misinterpret those signals. When people tell pollsters they want less immigration, or think it is bad for the country overall (or the converse), they are often expressing an opinion about how things appear to be going in that moment relative to their preferences, rather than a deep shift in their underlying views. According to Alexander Kustov, a political scientist, most Americans’ views are quite stable and moderate: they support immigration that is controlled and in the national interest, and oppose flows that are disorderly or under-enforced. In the US, he argues the Trump administration over-interpreted dissatisfaction with high immigration under Joe Biden, and implemented policies that went too far for many voters. “People don’t necessarily change their idea about their ideal immigration policy, but they can react to what the government is currently doing,” he told me. “A lot of people are not happy with what the Trump administration are doing — right now we’re not talking about border enforcement, we’re talking about people not just getting harassed, but killed.” But similarly, he added, pro-immigration advocates would be making a mistake to interpret the recent, more favourable swing towards immigration as a deep-seated ideological shift in attitudes. The recent history of UK immigration policy offers another cautionary tale. After the 2016 Brexit referendum, public concern about immigration fell. This was partly because net migration statistics declined, but also because people felt a sense of catharsis and control, says Sunder Katwala, director of British Future, a think-tank. By 2019, the public ranked immigration as only the ninth biggest issue of concern, according to Ipsos polling. But when the Conservative government liberalised visa routes for students and care workers between 2019 and 2022, that helped net migration to surge. And so, too, did public concern. Today’s Labour government has implemented another sharply restrictive turn in immigration policy. As Kustov and researcher Caitlyn Yates argue, thermostatic public opinion should be a useful check on politicians. Instead it seems to have helped to magnify the pendulum swing in the UK. The government over-interprets and overreacts to a change in public opinion, which reacts in turn, prompting a sudden swing the other way. Source: Financial Times HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Anna Airy, Shop for Machining 15-Inch Shells: Singer Manufacturing Company, Clydebank, Glasgow, 1918 Racing for a vaccine … we have been here before! The deadly Ebola outbreak in two African countries driven by a virus species with no vaccine has triggered an urgent search for a potential jab, in a test of troubled global efforts to avert threats posed by emerging diseases. A World Health Organization advisory group is due to would meet on Tuesday to recommend candidate jabs to prioritise for clinical trials, the global health body said. It will assess data including an analysis by the Coalition for Epidemic Preparedness Innovations (Cepi), which was set up after failures in the international response to a previous Ebola crisis. The latest Ebola outbreak in Democratic Republic of Congo and Uganda has infected hundreds of people and killed more than 80, health authorities say. Cepi’s reaction will be a crucial indicator of its progress towards its wider goal of producing vaccines for pandemic threats in just 100 days, despite steep cuts to international health funding. “If there was ever a time that we could show the world why Cepi is needed and show the world why the 100-day mission is needed, it’s now,” Nicole Lurie, the organisation’s executive director for preparedness and response, told the FT. “We’re happy to accept that responsibility, but obviously we need help from partners — particularly financial help in the long run.” DR Congo and Uganda would make the final decision on whether to press ahead with any vaccine candidates endorsed for clinical trials by the WHO experts, the global health body said. “Other ethical and community acceptability issues will be considered,” said the WHO, which declared the latest outbreak a public health emergency of international concern on Sunday. “This will be important to make sure that the trial, if it happens, will be adequately communicated to the population.” Lurie said Cepi had provided information from a survey of research teams and companies working on drugs that might be effective against the Bundibugyo virus behind the outbreak. The organisation hoped soon to announce partners in the quest for a jab, she added, although she declined to give a timescale for when one might be developed. Cepi’s Nicole Laurie said global health bodies were ‘getting some live-fire drills’ with hantavirus and the latest Ebola outbreak. The hunt for a vaccine should be helped by scientific advances including the use of artificial intelligence to find drugs active against viruses, Lurie said. Existing jabs against the Zaire Ebola virus responsible for many previous outbreaks might provide a basis for tackling the Bundibugyo species, she added. “We’ll see how far and how fast we can get,” Lurie said, adding that Cepi had done preliminary work recently on a possible jab for the rat-borne hantavirus responsible for a recent fatal outbreak on a cruise ship. “Both with hantavirus and now with Ebola, [we] are getting some live-fire drills.” Source: Michael Peel in the Financial Times Dad-chat is coming for dad-books. (By Pamela Paul and Jeffrey A. Trachtenberg in the WSJ) They were the go-to gifts for Father’s Day: a book about some little-known chapter of World War II, the sweeping narrative of a shipwreck, perhaps the latest presidential biography. These days, dad books are a dying breed. Nonfiction book sales have been in decline for the past four years, and are now the most challenged segment of the print book market. Publishers say certain types of books still fare well—including celebrity memoirs and religious titles. But in recent years, print sales in such categories as biography, current affairs and business and economics—what publishers refer to as “serious nonfiction” and which tend to resonate especially with men—have fallen considerably. Sales of nonfiction print titles were down nearly 8% through May 9 this year, and sales of books about politics and current affairs were down 19%, according to book tracker Circana BookScan. Publishing has long been subject to cyclical changes, with trends in format and genre taking over bookshelves in grand sweeps. (Remember the adult coloring-book craze? Or the stratospheric rise of romantasy?) But many in publishing believe the decline in serious nonfiction is more existential. “The trend couldn’t be clearer,” said Jonathan Karp, the former chief executive of Simon & Schuster and publisher of the new Simon Six imprint. “This is a sea change and people should wake up and realize we’re living in a new world.” One culprit for the shift: a new media diet for fans of more serious nonfiction. … Sixty-two percent of men and 54% of women consumed a podcast in the prior month, according to a recent survey by Edison Research at SSRS, up from 46% and 39%, respectively, in 2023. “When we have internal meetings to talk about this problem, it always comes around to podcasts,” said Jonathan Burnham, president and publisher of the Harper Group at HarperCollins Publishers. “The man who wants to read American history is now tuning into one of the many good podcasts about history that lends the quiet attention to a serious subject he’s looking for. It makes the idea of sitting down with a 700-page Ron Chernow book less appealing. You’ve scratched that itch.” Source: Wall Street Journal Remarkable report by Novara from the nationalist rally in London in mid May. Anna Airy, Leopard Moth and Plums, 1915 If you’ve scrolled this far, you know you want to click: Subscribe
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