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Jimmy Patronis cheers on transportation improvement bill funding up to $580B
'This is about common sense. Washington’s outdated rules are slowing down American business and driving up costs.'
UW senior turns class project into healthier, lower-cost latte mix business
US Treasury rout tests Washington's tolerance for higher borrowing costs
President Donald Trump's room to wage war while maneuvering on economic policy is being tested by a force largely beyond his control: the bond market.
Best family meals at Costco, according to executive Costco member
My favorite premade meals at Costco for a quick, easy family dinner range from frozen Kirkland Signature salmon to refrigerated proteins and kits.
‘Give it some time:’ Inside Tom Dundon’s NHL success amid Trail Blazer uncertainty
In Portland, the cost-conscious Dundon's arrival has been a shock to the system. In Raleigh, some say his NHL ownership has been a shock to the heart.
School workers pass first goal post towards health insurance reform in final day of legislative session
On the last day of the Minnesota legislature’s 2026 session, lawmakers voted to fund a data collection project to study the spiraling health insurance costs for Minnesota school districts – a first step in reforming the health insurance program for school district employees as a whole.
Cyprus votes amid resentment over corruption, living costs
Cyprus has begun voting in a parliamentary election that could shift the political balance amid public discontent.
Letter to the Editor: The human cost of science getting it wrong
Patrick Newman cites one scientist calling RCP 8.5 ‘not implausible,’ yet the IPCC has now officially removed it as implausible. Notably, that same scientist said RCP 8.5 should be clearly labeled a high-end scenario. It…
Here are the remaining sub-$25k cars as cheap models vanish
There are only a handful of low-cost cars available on the US market. Business Insider compiled the 10 cheapest starting prices in America.
College sports have a cash problem. Guns N’ Roses, Savannah Bananas could be part of the solution
University athletics departments are searching everywhere for additional money — from stadiums to trophy cases to sponsorships — as they grapple with rising costs.
PAID POST: When Every Dollar Counts, Even Entertainment Gets Reimagined
As rising costs strain Connecticut households, many families are rethinking how they watch TV, and what counts as essential entertainment.
Pols & Politics: Massachusetts government workforce at an ‘all-time high in 2025,’ report says
State government costs were 24% of total spending or $23.5B last year, according to the Pioneer Institute. Plus: A budget amendment would add $25k of funding for a local voter education nonprofit.
Affordable Care Act enrollment projected to plunge by 5 million as costs spike, analysis shows
ACA enrollment could fall from 22.3 million Americans in 2025 to around 17.5 million this year.
Morgridges donate $85.2 million to renovate Science Hall
The donation to Science Hall covers more than half of the $163.2 million renovation cost.
61% of Americans Said They Had to Cut Back on Groceries
More than three quarters of Americans, including 55 percent of Republicans, said President Trump’s policies have increased the cost of living in their community.
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
Budget conference: House agrees to Senate cost-of-living adjustments for retired ‘special risk’ employees
'The water is boiling; we’ll put the vegetables in shortly.'
Replacing RAG with bash cut AI retrieval costs 30%
DCI lets AI agents search raw files with grep and bash instead of embeddings — boosting accuracy 11 points and cutting retrieval costs 30% on complex tasks.
Brentwood: Students Suffer Burns During Science Experiment at Adams Middle School
On Friday, two Heritage High School students were airlifted after an accident occurred during chemistry experiment demonstration.
'Getting harder to do': Southern Wisconsin boat rental business struggles with rising fuel costs
MADISON (WKOW) — Higher fuel prices are making it harder for one local boat rental business to keep water recreation affordable this Memorial Day weekend.
FINN Partners and WifOR Institute Launch Global Initiative to Show Health Spending as an Economic Investment
For decades, ministries of health, finance leaders and policymakers have needed to defend health spending as a necessary cost to be managed. FINN Partners and WifOR Institute believe this framing is fundamentally outdated and increasingly harmful to public health in a world confronting aging populations, workforce shortages, rising chronic disease and widening health inequities.
The next evolution of American healthcare is here
Every Democratic administration in the past century — no exceptions — came to Washington promising to rewire the healthcare system, mainly to protect Americans from the costs of illness. So did mos…
Rumor: Sonic Frontiers: Definitive Edition Nintendo Switch 2 release date leaked
SEGA has yet to officially announce Sonic Frontiers: Definitive Edition, but the game’s release date has apparently been leaked. billbil-kun reports that the game will launch on June 23, 2026. We’re also hearing that it will cost $50 and a physical release is confirmed. However, it’s unclear if that means a proper cartridge version or a game-key card. June 23...
California race for Congress escalates with attacks invoking Epstein and Chavez
The attacks come as Jasmeet Bains and Randy Villegas are locked in a bitter primary for California’s 22nd Congressional District
100+ Advocates Bring A Midterm Mandate On Women's Health To Capitol Hill
Osteoporotic fractures cost more than heart attacks combined. A 30% reimbursement gap. 100 advocates. One appropriations deadline. Here's the ask.
Employer health spending is still going up
Business leaders could be the most potent market and political force to push back on rising health costs.
Report: Brighton pushing to sign defender in £11m deal
Brighton Target Costinha as Right Back Search IntensifiesBrighton & Hove Albion are advancing talks to sign Olympiacos right back Costinha, with The Athletic reporting that discussions are centred on ...
Stephen Colbert’s Finale CBS Dig Might Actually ‘Cost’ Them
Stephen Colbert signed off with one final jab aimed at CBS during his Late Show farewell. The late-night host expressed mixed emotions and sarcasm as he closed an 11-season run on the network. His fin...
Poll shows voter confidence in economy plummeting to a nearly 4-year low
Concerns about rising costs are a problem for Republicans ahead of the midterm elections as Trump struggles to deliver on affordability pledges.
Healthcare CEO apologizes for coverage problems
Two weeks after NBC News reported on coverage issues being had by beneficiaries of TriWest Healthcare Alliance, the company’s CEO has released a letter apologizing to the healthcare administrator’s 4.2 million beneficiaries. NBC News’ Erin McLaughlin reports in our series “The Cost of Denial.”
As losses from scams surge, Congress asks telecoms to do more to prevent them
A powerful congressional committee is urging major telecommunications companies to do more to protect Americans against scams, part of a widening investigation into the role that U.S. companies play in the surge in cyberscams that cost Americans an estimated $200 billion in 2024.
Houston ISD plans to raise employees’ costs for health insurance
A draft of HISD’s budget proposal for next year reveals the district plans to increase salaries, but mostly to offset the rise in health insurance costs.
Meta settles first U.S. case over school costs tied to youth mental health, court filing shows
The agreement fully resolves a lawsuit brought by a Kentucky school district following earlier settlements by co-defendants YouTube, Snap and TikTok.
Meta settles first US case over school costs tied to youth mental health, court filing shows
May 21 (Reuters) - Meta Platforms on Thursday reached a settlement in the first case set for trial seeking to make social media companies cover the costs that school districts say they have incurred
Meta settles first US case over school costs tied to youth mental health, court filing shows
Meta Platforms on Thursday reached a settlement in the first case set for trial in litigation seeking to make social media companies cover the costs school districts across the country say they have incurred to combat a youth mental health crisis allegedly fueled by their platforms.
Livonia-Westland Business Leaders Meet with MHA on Affordability
The MHA partnered with the Livonia-Westland Chamber of Commerce on May 14 to host an event at its Livonia offices to engage with business leaders about healthcare costs, listen to their needs and collaborate on potential solutions.
I moved to Denver, made friends; but they left due to cost of living
Denver had everything I wanted, including a strong group of friends. Now that prices are going up, many of those friends are moving away.
Flipper unveils a Linux-powered networking gadget built for hackers and tinkerers
Flipper Devices said that the new gadget is in development and the base model will cost under $350
Kroger plans biggest price cuts in years to take on Walmart, Costco
Kroger Co.'s new CEO is looking at big price cuts in order to win back market share and take on his former employer, Walmart Inc., and other competitors.
‘We’ve Never Been This Bad.’ Eastern Pennsylvania Weighs Its Rising Costs
With two swing districts, the region from Scranton to Allentown could decide control of the House, and voters are expressing profound economic distress.
Marvel Rivals May 21 Patch Notes: New Savage Adventure Event, Skins, and More
A minor content update is on the way for Marvel Rivals this week. Check out the Marvel Rivals patch notes for May 21 update here.
Who Gets to Shape Healthcare?
Howie and Harlan discuss how AI is transforming medical research and publishing, the growing role of consumer health platforms and wearables, new advances in stroke treatment, and the debate over rising hospital costs. They also examine the FDA’s approval of flavored vaping products and the nomination of a new surgeon general.
Space debris is forcing satellites to dodge more often — costing us vital science. 'Things will get worse before they get better'
"Each time a satellite has to maneuver to avoid a potential collision, it uses fuel which is a finite and precious resource."
Trump Gets His Payback, but It Comes at a Cost in Congress
Republican senators are angry the president is working to unseat their colleagues. But he is also creating more free agents in his own party in Congress willing to defy him.
House Passes Housing Bill, Uniting on a Measure to Bring Down Costs
The legislation, which had been stalled amid Republican divisions, passed overwhelmingly, signaling an eagerness in both parties to address affordability in an election year.
US Health Secretary Kennedy fires heads of key preventive health panel
US Health Secretary Robert F. Kennedy Jr. earlier this month fired the chair and vice chair of the influential task force that decides which preventive medical care is provided at no cost to patients.
US Health Secretary Kennedy Fires Heads of Key Preventive Health Panel
NEW YORK, May 20 (Reuters) - US Health Secretary Robert F. Kennedy Jr. earlier this month fired the chair and vice chair of the influential task force that decides which preventive medical care is provided at no cost to patients. The Preventive Services Task Force, which typically has 16 ...
Xbox expands leadership team with major hires
Xbox has added two big names to its leadership team: Matthew Ball and Scott Van Vliet. The new recruits are part of an on-going drive from Xbox CEO Asha Sharma to move faster, build better products, and make more focused business decisions. The Game Business can reveal that Ball is joining as Chief Strategy Officer. He is a popular industry analyst who is responsible for the annual The State of Video Gaming report, which is widely read across the business. His first job will be to strengthen the console side of Xbox, which is facing significant pressures, not least from the rising costs of memory and storage. In an interview with The Game Business earlier in the year, he admitted he was “pretty frightened” by the situation for the console sector. Ball had previously worked as head of strategy and planning for Amazon Studios, and wrote the 2022 international best-seller The Metaverse. He is currently CEO of Epyllion, a venture partner at investment group Makers Fund and senior advisor at KKR & Co. Meanwhile, Scott Van Vliet joins as Chief Technology Officer. He was previously in charge of Azure OpenAI and AI Core infrastructure at Microsoft, and he also led engineering for Microsoft Teams during the COVID 19 pandemic. But he has a games background. He previously worked across games for Amazon, including Alexa, Amazon Game Studios and the Amazon App Store. He directly worked on the Minecraft: Fire TV Edition. Prior to that, he was VP of Digital Play at Mattel, and worked across brands such as Batman, Barbie, Angry Birds, Fruit Ninja and Cut The Rope. His job will be to improve how Xbox builds products so teams can move faster and deliver stronger results. For more breaking stories, sign-up to The Game Business today Subscribe In addition to these new hires, Xbox has promoted Chris Schnakenberg to Corporate Vice President, Partnerships & Business Development. He was previously VP of partnerships and business development, and joined from Activision Blizzard, where he spent 12 years in various strategy, business development and partner relations role. His focus is on third-party games, publishers and developers working with Xbox. The news follows a number of new hires and promotions earlier in the month, including Jason Ronald taking leadership over Xbox’s upcoming Project Helix console. “These changes are about strengthening our foundation by creating more clarity and improving execution,” Sharma said in an email to staff. “As we head toward Showcase and beyond, we’ll continue making the changes needed to position XBOX for the future.” Matthew Ball is speaking with Christopher Dring at The Game Business Live on Monday, June 8. More details on the event can be found here.
Xbox expands leadership team with major hires
Xbox has added two big names to its leadership team: Matthew Ball and Scott Van Vliet. The new recruits are part of an on-going drive from Xbox CEO Asha Sharma to move faster, build better products, and make more focused business decisions. The Game Business can reveal that Ball is joining as Chief Strategy Officer. He is a popular industry analyst who is responsible for the annual The State of Video Gaming report, which is widely read across the business. His first job will be to strengthen the console side of Xbox, which is facing significant pressures, not least from the rising costs of memory and storage. In an interview with The Game Business earlier in the year, he admitted he was “pretty frightened” by the situation for the console sector. Ball had previously worked as head of strategy and planning for Amazon Studios, and wrote the 2022 international best-seller The Metaverse. He is currently CEO of Epyllion, a venture partner at investment group Makers Fund and senior advisor at KKR & Co. Meanwhile, Scott Van Vliet joins as Chief Technology Officer. He was previously in charge of Azure OpenAI and AI Core infrastructure at Microsoft, and he also led engineering for Microsoft Teams during the COVID 19 pandemic. But he has a games background. He previously worked across games for Amazon, including Alexa, Amazon Game Studios and the Amazon App Store. He directly worked on the Minecraft: Fire TV Edition. Prior to that, he was VP of Digital Play at Mattel, and worked across brands such as Batman, Barbie, Angry Birds, Fruit Ninja and Cut The Rope. His job will be to improve how Xbox builds products so teams can move faster and deliver stronger results. For more breaking stories, sign-up to The Game Business today Subscribe In addition to these new hires, Xbox has promoted Chris Schnakenberg to Corporate Vice President, Partnerships & Business Development. He was previously VP of partnerships and business development, and joined from Activision Blizzard, where he spent 12 years in various strategy, business development and partner relations role. His focus is on third-party games, publishers and developers working with Xbox. The news follows a number of new hires and promotions earlier in the month, including Jason Ronald taking leadership over Xbox’s upcoming Project Helix console. “These changes are about strengthening our foundation by creating more clarity and improving execution,” Sharma said in an email to staff. “As we head toward Showcase and beyond, we’ll continue making the changes needed to position XBOX for the future.” Matthew Ball is speaking with Christopher Dring at The Game Business Live on Monday, June 8. More details on the event can be found here.
Jeff Bezos Defends Melania Movie, Says It Was Good Business
The Amazon founder reiterated that he had nothing to do with the documentary film, but said that its performance justified the cost. He also defended the radical changes made at The Washington Post.
This week in Santa Cruz County business: Tourism officials focusing on regional visitors amid rising fuel costs; Diversity Center unionizes
Jessica M. Pasko takes the pulse of Santa Cruz County tourism ahead of the crucial summer visitor season, notes another local unionization effort and relays names, dates and numbers to know from the county business scene.
T-Mobile for Business Offers Internet Solutions Focused on Lower Costs and Faster Growth for SMBs, No Need to Overpay for Wireless Service
Save more and scale faster with T-Mobile for Business, backed by the Best Mobile Network in the US.
How Kentucky Rep. Thomas Massie, toppled by Trump, charted his own way
There aren’t many lawmakers like Thomas Massie left in Congress. READ MORE: Massie's loss leaves no doubt about Trump's power over the GOP. 6 takeaways from Tuesday's primaries The renegade Republican who rose to prominence as an idiosyncratic and stubborn outlier in his party, popular in the Kentucky district that repeatedly sent him to the House, lost his primary bid for reelection Tuesday after a vicious and costly attack by President Donald Trump. The stunning
Google expands AI push at I/O with enterprise-focused Gemini upgrades and smarter search tools
Alphabet Inc. ’s Google (NASDAQ:GOOG) on Tuesday introduced a range of new artificial intelligence tools at its annual I/O developer conference, including AI agents integrated directly into Search and a faster, lower-cost Gemini model aimed at enterprise customers.
California business owners ‘working for peanuts’ as costs, record gas prices and regulations devour profits
California "sticker shock" is mounting for the state's small business owners, but one restaurateur and their multi-billion-dollar lender explain why they're not walking away — yet.
Iran war hits small business hard
Small business profits are sinking as entrepreneurs deal with a confluence of forces ranging from rising labor costs to higher energy prices.
Business Uncertainty Costs Middle Market Companies Up to 6% of Revenue
Business uncertainty remained elevated in March, with 27% of payment executives reporting high uncertainty levels even as optimism about the next 12
Radiology Associates of North Texas says it will waste over $51M on costs related to No Surprises Act
The country’s largest independent imaging group—located in Fort Worth and employing about 300 physicians—calculated the figure based on an internal analysis of its billing practices.
Farmers, business owners, customers feel the impact of beef prices surging
The cost of beef is surging across the U.S.That surge in price is impacting the entire supply chain from farmers, business owners, to customers.Americans are ea
DEI experts say the acronym may be radioactive, but the underlying business case is stronger than ever
Two former chief diversity officers say companies that abandon DEI under pressure are making a costly, long-term business mistake.
Affordable Care Act enrollment projected to plunge by 5 million as costs spike, analysis shows
The report found that ACA program enrollment could shrink by more than 20% and that those who remain covered are paying more, with average deductibles growing by over $1,000.
California business owners 'trapped' in 'vicious cycle' as costs soar
As labor and energy costs rise in California, small business owners say minimum wage laws and gas taxes in the Golden State are crippling their operations.
Senate Small Business Hearing Suggests Some Tariff Wariness - Coalition For A Prosperous America
A Senate Committee on Small Business and Entrepreneurship hearing held last week had only one manufacturer serving as a witness. He liked the tariffs because they stopped the bloodletting of cheaper imitations from China. However, he told the Senate that changes could be made to existing tariff policy to help lower costs as commodity and other input prices are rising fast.
Sen. Cassidy has no regrets over Trump impeachment vote, even after it cost him his seat
Cassidy lost his seat in his state’s Republican primary Saturday after Trump endorsed one of his opponents.
Legal, business groups push back on arbitration-reform bill now before Polis | The Sum and Substance
The bill seeks to limit consumer and employee costs with arbitration, disqualify some arbitrators and force losing parties to pay up.
How In-House Bookkeeping May Be Costing Your Business More Than You Think
Outsourced accounting services deliver a team with the expertise, processes, and technology to set your business up for success.
Plex announces borderline offensive Lifetime Pass price hike
Starting on July 1, newly purchased Lifetime Plex Pass subscriptions will cost $749.99, three times the current $249.99 rate.
Retirees are worried about the cost of healthcare — and who can blame them?
The increase in Medicare Part B premiums has sparked concerns about out-of-pocket healthcare costs.
30-year US Treasury yield hits highest level in 19 years
A bond rout is deepening as inflation fears take hold of the Treasury market, threatening to raise borrowing costs across the US economy.
Plex increasing Lifetime Plex Pass cost to whopping $750
Plex has announced a massive price increase for the Lifetime tier of its Plex Pass plan. Starting in July, Plex...
Amazon Supply Chain Services: Another Tool to Help Small Businesses Accelerate Growth - Small Business & Entrepreneurship Council
By Karen Kerrigan – For a small business owner, having a great line of products with solid demand is an important milestone. But delivering those products in a timely manner and at a cost that works are key steps to business viability and growth. Indeed, logistics management can be a steep challenge for many small […]
Deutsche Bank Says Just Half of Business Earned Cost of Capital
Most of Deutsche Bank AG’s business activities still failed to earn their cost of capital last year, demonstrating the long struggle the German lender is facing in generating attractive shareholder returns.
John Travolta Explains His New Look at the Cannes Film Festival: ‘I’m Going to Play the Part’
John Travolta was in costume at the Cannes Film Festival. The Hollywood icon, 72, raised eyebrows wearing round glasses and a series of jaunty berets while in France to promote his directorial debut, ...
Vast Launches Satellite Bus Business Line
The commercial space station company announced this morning that it would start selling satellite buses, specifically targeting the low-cost, high-volume, high-power niche for missions from comms, to EO, to national-security programs.
Exclusive: Airbus targets 10% cost cuts over global uncertainty and supply snags
Europe's Airbus is telling thousands of staff to reduce spending by 10% as global uncertainty and supply chain problems continue to squeeze its core jetliner business, three industry sources said.
"We see this as the beginning of the end of the Apple Tax worldwide" - Fortnite returns to the App Store globally as Epic prepares for "the final battle"
Epic gains the upper hand in its long-running battle with Apple over App Store costs. Fortnite returns to iOS worldwide (excl. Australia) as a result.
'Leeds must seize this moment at all costs'
After a tremendous finish to the season, Daniel Farke has called for Leeds United to invest heavily this summer. Had Farke found the formula faster, Leeds would be challenging for Europe. With meaningful investment and using these tactics from the start of next season, United could realistically place much higher than their current position of 14th.
Watch live: Rethinking Psychedelic Treatment for America’s Mental Health Crisis
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THE WEEK OF MAY 18, 2026
- House releases Energy Water bill - Republicans highlight research security concerns - Golden Dome cost estimated at over $1 trillion
New MatterChat Model Helps AI to ‘See’ the Language of Science
From writing emails to generating computer code, much of the artificial intelligence prevalent in our daily lives has succeeded by mastering one domain: text. However, this leaves a major blind spot in the physical sciences, where models depend on the high-resolution, three-dimensional data of the physical world, like the intricate lattice of atoms in a crystal. Delivering on the promise of using AI for science requires teaching these data-driven text models to seamlessly “talk to” physics-based models. Now, a new AI framework from Lawrence Berkeley National Laboratory (Berkeley Lab), called MatterChat, solves this problem by creating a specialized “bridge.” It connects the conversational power of a Large Language Model (LLM) with a physics-based AI that models “interatomic potentials”: the complex physical forces between atoms. The resulting system already significantly outperforms general-purpose AI tools like GPT-4 at predicting material properties, and the team hopes it can accelerate scientific discovery by serving as a robust research partner that provides grounded insights and generates step-by-step instructions for synthesizing novel materials. A paper describing this work was recently published in Nature Machine Intelligence. “Traditional simulations can provide the physical rigor required for materials science, yet their computational cost remains prohibitive for high-throughput screening. Conversely, while LLMs excel at rapid knowledge synthesis, they inherently lack the ‘structural vision’ to interpret materials directly from their underlying atomic coordinates,” said Yingheng Tang, a postdoctoral researcher in Berkeley Lab’s Applied Math and Computational Research Division (AMCR) and lead author on the paper. “MatterChat was built to solve this dilemma, empowering LLMs with a structural ‘vision’ that allows researchers to leverage their full potential for solving complex, real-world materials challenges.” Empowering language models to solve complex challenges in materials science To build MatterChat, the Berkeley Lab team drew inspiration from technologies like Vision Question Answering (VQA) and Text-to-Image (T2I) generation. In these tasks, AI must translate high-level text concepts into visual images, or vice versa. Doing so requires developers to build tools that “bridge” two fundamentally different forms of data. The researchers adapted this concept to the physical sciences. With MatterChat, they created a “bridge model” that successfully connects an LLM’s general knowledge with the deep understanding of the atomic-scale world encoded in scientific interatomic potentials. Until now, researchers using LLMs to solve materials problems usually had to feed them raw data files as if they were just strings of text. It’s like asking an AI to understand a complex 3D engine based only on a parts list: the LLM can read the names, but it can’t “see” how the atoms fit together in space. MatterChat solves this by training a specialized AI bridge model, pre-trained on millions of crystal structures and an LLM, to align the LLM’s representation of the world with the interatomic potential’s representation of the world. The bridge model can translate physical insights into a format the LLM can actually understand. By giving the LLM these “scientific eyes”— a scientific “inductive bias” in the terminology of AI — the Berkeley Lab team has transformed it into a robust research tool capable of providing grounded scientific insights into complex materials challenges, such as predicting thermal stability or analyzing electronic band gaps. “We think of atoms as living in a physical space, but from a machine learning perspective, they are just vectors living in some very non-trivially structured manifold in a high-dimensional Euclidean space; and, of course, the same is true for the sentences and paragraphs that we use to express our ideas about those atoms,” said co-author Michael Mahoney, Berkeley Lab’s Scientific Data Division (SDD) AI Initiative Research Lead. “The bridge model basically gets those two structures to ‘talk with’ each other.” As a proof-of-concept of this general approach, the team trained their bridge model on a dataset curated by pairing nearly 143,000 stable atomic structures from the Materials Project with their corresponding physical properties. This training data was automatically assembled using the Materials Project’s API and deliberately enriched with properties fundamental to microelectronics design — like formation energy and bandgap — allowing MatterChat to learn the complex patterns connecting a material’s atomic blueprint to its functional performance. To validate their model, the researchers benchmarked MatterChat against a suite of other AI systems, from general-purpose LLMs to other specialized scientific AI methods. The results show that MatterChat consistently outperformed its competitors across a range of tasks. The model was more accurate in classifying material types and demonstrated superior precision in predicting numerical properties. For example, it excelled at predicting a material’s bandgap, a property critical for designing new electronics from high-capacity energy storage to next-generation computer chips. “Our design is significantly more efficient because we don’t have to build a massive AI model from the ground up,” said co-author Zhi (Jackie) Yao, a research scientist in Berkeley Lab’s AMCR. “Instead, we take two powerful, pre-trained models — a structural encoder for materials physics and an open-source LLM — and use them off-the-shelf. The only component we actually train is the lightweight ‘bridge model’ that translates between them. It’s the difference between building an entire car factory and simply designing a smart adapter that connects a world-class engine to a world-class navigation system. This approach is not only computationally efficient, but also makes the system modular, so we can easily upgrade components or adapt the bridge for other scientific domains in the future.” Crucially, this modular design highlights exactly how institutions like Berkeley Lab and the Department of Energy are carving out a highly valuable niche in the booming AI landscape. Rather than competing with Silicon Valley tech giants to build ever-larger language models from scratch, the lab is focusing on the specialized connective tissue that makes commercial AI useful for hardcore science. Because the bridge model approach underlying MatterChat is forward-compatible, it is perfectly positioned to leverage these parallel tracks of innovation. As Mahoney pointed out, “We expect that industry will continue to develop improved LLMs, and we expect domain scientists and facilities will continue to generate new data. An important part of scientific machine learning is not simply to solve problems on today’s data, but instead to develop general methods that will be forward-compatible with orders of magnitude more data, whether from scientific domains or from LLMs.” According to Yao, the MatterChat project, which was initially developed and enhanced with funding from a Berkeley Lab Laboratory Directed Research & Development (LDRD) Program, will now expand its capabilities. In a collaboration with Fermilab, MatterChat is already contributing to a U.S. Department of Energy Genesis Mission project — called Accelerating eXtreme Environment Specs-to-Silicon (AXESS) — that aims to speed up the development of next-generation, high-speed, radiation-hardened detectors for challenging particle physics experiments by using advanced 3D integrated circuits (chiplets) and AI-driven data analysis. In addition to the LDRD support, the team also credits supercomputing resources at the National Energy Research Scientific Computing Center (NERSC), located at Berkeley Lab, with MatterChat’s success. “We are incredibly grateful to NERSC; this research simply would not have happened without access to the Perlmutter supercomputer through their AI for Science program,” said Tang. Wenbin Xu, a NERSC postdoctoral fellow at the time, was also a major co-author of the work, as was Benjamin Erichson, a research scientist in Berkeley Lab’s SDD, highlighting the benefits of AMCR-SDD collaboration on AI for science. ### Lawrence Berkeley National Laboratory (Berkeley Lab) is committed to groundbreaking research focused on discovery science and solutions for abundant and reliable energy supplies. The lab’s expertise spans materials, chemistry, physics, biology, earth and environmental science, mathematics, and computing. Researchers from around the world rely on the lab’s world-class scientific facilities for their own pioneering research. Founded in 1931 on the belief that the biggest problems are best addressed by teams, Berkeley Lab and its scientists have been recognized with 17 Nobel Prizes. Berkeley Lab is a multiprogram national laboratory managed by the University of California for the U.S. Department of Energy’s Office of Science. DOE’s Office of Science is the single largest supporter of basic research in the physical sciences in the United States, and is working to address some of the most pressing challenges of our time. For more information, please visit energy.gov/science.
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