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Mamdani Is Makes City-Owned Grocery Stores Sound Pretty Good

The mayor revealed that the five planned municipal stores will sell staples like produce, meat, and cheese at 30 percent below retail prices.

Jul 27 • 5:32 PM EDT • Politics • nymag.com

This 25-Year-Old Founder Turned B2B Memes Into a $500,000 Business

Skits and stunts sell. But Aidan Brannigan’s 400 percent growth rate is no joke.

Jul 27 • 5:00 AM EDT • Business • inc.com

COMMENTARY: Science, Not Politics, Must Guide Lifesaving Medical Research

AFRO-AMERICAN – WASHINGTON — A recent announcement regarding a new treatment for metastatic pancreatic cancer, daraxonrasib, has shown it doubled survival rates for patients and reduced the risk of death by 60 percent. This breakthrough stemmed from sustained, peer-reviewed scientific investment.

Jul 27 • 3:49 AM EDT • Science • blackpressusa.com

University of California partners with U.S. Department of Energy to advance energy, discovery and national security through Genesis Mission

UC scientists at seven campuses and three national labs lead 15 percent of DOE-funded projects.

Jul 24 • 5:32 PM EDT • Science • universityofcalifornia.edu

Roku raises streaming stick prices by up to 60 percent

Roku blames RAM shortage after CEO called it "great" for business in May.

Jul 24 • 3:41 PM EDT • Technology • arstechnica.com

Ex-NFL Coach Provides Honest Assessment of Ravens’ Lamar Jackson

There have been different opinions on Baltimore Ravens quarterback Lamar Jackson of late, but everyone knows he’s among the best players in the NFL.Last year was an outlier for Jackson since he dealt with so many injuries during the season. That affected his play on the field, finishing with a 63.6% completion percentage for 2,549 […] The post Ex-NFL Coach Provides Honest Assessment of Ravens’ Lamar Jackson appeared first on HEAVY.

Jul 24 • 9:44 AM EDT • Sports • sports.yahoo.com

10 iOS 27 Performance Improvements You'll Actually Notice

With iOS 27, Apple focused on making improvements to iOS performance, optimizing everything from system animations to AirDrop transfer speeds. iPhone performance is smoother and faster on all iPhones able to run iOS 27, which includes the iPhone 11 and newer. There are over 80 iOS 27 improvements Apple announced, with 10 of the most useful listed below. App Launching Apps launch up to 30 percent faster in iOS 27, and that includes Apple's own apps and third-party apps.

Jul 23 • 6:02 PM EDT • Technology • macrumors.com

About 1 in 4 workers keep unwanted jobs for health insurance, poll finds

A Gallup survey found an eight-percentage-point increase since 2021 in U.S. workers keeping jobs for health insurance.

Jul 23 • 1:12 PM EDT • Health • washingtonpost.com

Midterm voting preferences by race and ethnicity, age, and other demographics

This is part of a larger report on Americans and the 2026 midterm elections. Several months ahead of the 2026 midterm elections, Democrats hold a 6 percentage point edge over Republicans among registered voters on the generic ballot for Congress (43% vs. 37%). Two-in-ten voters say they are not sure (14%) or support another candidate […]

Jul 23 • 12:55 PM EDT • Politics • pewresearch.org

Hong leads latest Marquette Poll, large percentage of voters still undecided

A new poll reflecting the rapid changes in the Democratic primary will be released next week.

Jul 22 • 5:35 PM EDT • Politics • spectrumnews1.com

Steam Deck sales are losing steam since May's price hike

Analysis of bestseller charts shows an 80 percent dip from 2025's sales rate.

Jul 21 • 1:12 PM EDT • Technology • arstechnica.com

Halliday’s latest smart glasses feature a much-improved display

The new display is 1,000 percent less stupid.

Jul 21 • 9:00 AM EDT • Technology • theverge.com

REI Is Quietly Selling Arc’teryx’s Super Light Trail Jacket Way Below Retail

You can score this coveted garment for up to 40 percent off, assuming you aren't too picky about the color.

Jul 20 • 2:14 PM EDT • Technology • gearpatrol.com

AMC Entertainment (AMC) Rockets 25.8% on Record Revenue in 106-Year History

AMC Entertainment saw its share price climb by as much as 25.77 percent during intra-day trading on Monday at $2.44 apiece, after the theater giant posted its highest quarterly revenue in its 106-year history, prompting investors to look past a wider net loss and focus on signs that recovery is gaining momentum. In an updated […]

Jul 20 • 1:30 PM EDT • Entertainment • finance.yahoo.com

Is Your Business Suffering From a Workplace 'Situationship'?

A new survey shows nearly 60 percent of employees feel no long-term commitment from their employers—and a third are already preparing to leave.

Jul 20 • 12:24 PM EDT • Business • inc.com

Shaky political "science": breakdown of the peer review process

[This article is the latest in our “Shaky Political Science” series. In our 38 page report, “Shaky political ‘science’ misses mark on ranked choice voting,” released in December 2025, we examined over 40 studies focused on ranked choice voting (RCV). Many of these studies suffered from puzzling research methodologies, poorly constructed surveys, unrealistic simulated elections, cherry picked data and faulty analyses that often were contradicted by results from real-world elections (a link to our full paper is here). Here are links to the first four articles in our series: the first one summarizing the overall results of our report; the second one analyzed a study co-authored by University of Minnesota academic Larry Jacobs, which was one of the most error-prone of all the research we reviewed in our report; a third article showing an admirable example of two political scientists holding two other political scientists accountable for their flawed, sloppy research; and a fourth article that analyzed seven studies sponsored by New America’s political reform program that deployed flawed methodology based on “simulated” elections instead of real-world elections, which when combined with some basic misunderstandings of RCV, produced odd and misleading results]. In this fifth article in our “Shaky Political Science” series, we examine two flawed studies on the impact of RCV on voter turnout authored by San Francisco State University professor Jason McDaniel. McDaniel’s research in these two papers stands out for its puzzling methodology, inadequate and cherry-picked data, and faulty analyses that not only misunderstands ranked choice voting but reflects a basic misunderstanding of politics in general. The first of the McDaniel studies actually passed through a peer review process and then was subsequently published by the Journal of Urban Affairs, despite its obvious errors. It is perplexing that a jury of peer political scientists did not catch the errors and send it back to McDaniel for a rewrite or outright rejection. This calls into question the credibility of the peer review process itself. The peer review process is supposed to represent the intellectual pinnacle of the profession – a way for academics to certify the quality of each other’s work, and to act as a check against sloppy research. In the case of the McDaniel study, the peer review process failed. Yet his flawed study has been cited dozens of times by other political scientists in their own flawed works — an unvirtuous circle of academic research. Here is the first Jason McDaniel study that we analyzed: “Writing the Rules to Rank the Candidates: Examining the Impact of Instant-Runoff Voting on Racial Group Turnout in San Francisco Mayoral Elections,” by Jason McDaniel, 2016, Journal of Urban Affairs. This study covered San Francisco’s use of ranked choice voting (RCV) in mayoral elections, purporting to show that RCV reduces voter turnout overall, increases voter errors, and has a negative impact on “marginal populations,” i.e. racial minorities, mainly as the result of the alleged complexity of RCV asking voters to rank candidates and having to be familiar with multiple candidates and related dynamics. McDaniel reached these conclusions by examining five San Francisco mayoral elections taking place in odd years (i.e. where there are no federal or state races on the ballot) from 1995 to 2011, comparing three earlier non-RCV races (in 1995, 1999 and 2003) with the later two RCV races (in 2007 and 2011). Only two RCV races were studied, and as McDaniel acknowledged, only the contest in 2011 was “competitive” (that contest in 2007 was the first mayoral election using RCV, and incumbent mayor Gavin Newsom won easily in the first round of counting, earning 74% of first choices and far ahead of the second place candidate who had just 6.3% of first choices). Yet even the allegedly competitive contest in 2011was won by an incumbent with a landslide margin of nearly 20 points. No other elections were studied by McDaniel, even though San Francisco elects 17 other offices besides mayor with RCV, including the 11 seats on the Board of Supervisors (the name for the city council) in even years, and six other citywide offices in odd years. Previous academic research has found that competitive elections can stimulate greater voter involvement and higher turnout. For unexplained reasons, this study ignored at least 34 other RCV races between the years 2004 to 2011, many of which were very competitive and had high voter turnout. Instead, McDaniel’s analysis based its conclusions on data from only a single, marginally-competitive mayor’s race using RCV. These 2007 and 2011 mayoral elections were the only two RCV elections that McDaniel used as the sole basis for his small data set to determine the impact of RCV on voter turnout. Despite having no meaningful data to inform his study, McDaniel nonetheless concluded that RCV lowered turnout when compared to the previous three mayoral non-RCV elections using two-round runoffs. Then, using the same inadequate database of San Francisco elections, McDaniel also found that “Instant-runoff voting is associated with a significant decline in Black voter turnout and White voter turnout…On average, Black voter turnout decreases by 18 points and White voter turnout decreases by 16 points …” But how could he credibly arrive at that conclusion when his study was based on voter turnout in two RCV contests that were not even remotely competitive? Beyond that, McDaniel tacitly admits that the key determining factor driving Black voter turnout was not RCV vs non-RCV elections, but the presence of a viable Black candidate. McDaniel wrote, “Black voter turnout was about 17 percentage points higher for the two elections that featured an African American candidate compared to the three elections that did not” — but one of those three elections did not use RCV. The same dynamic was present for White voter turnout, in which higher turnout was not correlated with RCV vs non-RCV elections, but the presence of a viable White candidate. Beyond that, McDaniel’s voter turnout results, whether correlated with the race of the candidates or RCV vs non-RCV elections, showed no clear patterns. In his Figure 1, he shows low Asian voter turnout in the non-RCV elections in 1999 and 2003 when there was no viable Asian candidate running, but in the 2007 mayoral election using RCV, there is still no viable Asian candidate, yet Asian turnout increases dramatically. For Latinos, voter turnout is virtually the same in 1999 (no viable Latino candidate, non-RCV elections), 2003 (leading Latino candidate, non-RCV elections), 2007 (no viable Latino candidate, RCV elections) and 2011 (leading Latino candidate, RCV elections). Meanwhile White voter turnout increased dramatically from a low in the 2007 mayoral election, in which the leading candidate was a white incumbent, to the 2011 election in which there were no leading white candidates that finished any higher than sixth place with 5.6% of the vote. Clearly other factors were determining voter turnout than either the race of the candidates or RCV vs non-RCV elections. Despite these inconsistent findings, McDaniel boldly marches forth to render conclusions about the impact of RCV on different groups of racial voters, even though his conclusions are not remotely supported by his data. This looks like the worst kind of “data cherry picking” to cover up a puzzling conclusion based on a poor data set involving only two RCV elections, neither of which were remotely competitive. McDaniel’s cherry picking didn’t stop there. In calculating voter turnout for the three non-RCV mayoral elections in 1995, 1999 and 2003, he failed to mention that in each of these years there was a two-round runoff election, with a first round election in November in which no candidate garnered a winning majority of the vote, followed by the decisive runoff in December. So there were two non-RCV elections in each election year. But McDaniel only decided to include one of the two elections in his data set, apparently the December runoff in each year (which had higher turnout in two out of the three mayor’s races, and lower turnout in the third). So he ignored the November 1995 election, the November 1999 election when turnout was only 45 percent, and the November 2003 election when turnout was only 45.7 percent. This is flawed methodology based on blatant cherry picking, since McDaniel simply omitted three elections worth of data that did not fit within his frame. His study should never have made it through a peer review process, and it is an embarrassment to political science that not only was it approved for publication, but it has been uncritically cited by dozens of other political scientists. Share A “study” without wider context or credible data Lacking a data set that included even a single competitive RCV mayoral race, McDaniel declared that RCV lowered voter turnout in 2011, when turnout was 42.5 percent. But he also ignored -- or did not realize -- that voter turnout in mayoral elections during 2011 had sharply declined in all big cities, including far more steeply in nearby Los Angeles and other cities. In fact, San Francisco’s election in 2011 had the second highest turnout of any mayoral election in the nation’s 22 largest cities from 2008-2011. Was 2011 just a particularly low turnout year all across the country, perhaps because the country was still reeling from the aftermath of the housing market collapse in 2008-2010? McDaniel ignored this factor and did not search for alternative explanations beyond his flawed thesis. Furthermore, while McDaniel suggested that RCV leads to more “overvotes” – which is an invalidated ballot in which a voter, in either a non-RCV or RCV race, makes a mistake and selects two candidates for a single choice – he failed to address that in the June 2012 US Senate primary contest, which used the typical “one-choice” plurality method and did not use RCV, there was more than five times as many overvotes in San Francisco and Oakland than in the RCV mayoral elections in those cities. Additionally, turnout had been significantly higher and more representative in RCV elections for the San Francisco Board of Supervisors races -- that McDaniel didn’t even bother to study -- as compared to previous “delayed two-round runoffs” for those offices, often higher by as much as 40% in the RCV races. Perhaps the most surprising irony was that an earlier study co-authored by McDaniel (Overvoting and the Equality of Voice under Instant-Runoff Voting in San Francisco by Francis Neely and Jason McDaniel, 2015, California Journal of Politics and Policy) found that overvotes are often more common in lower-income precincts, but that the pattern of overvoting is similar in both RCV and non-RCV contests. Wrote Neely and McDaniel: “[Overvote] errors appear to be a function of complexity in general and not IRV per se…. the pattern of overvoting is similar in both IRV and non-IRV contests…Even among votes cast in a top-of-the-ticket race like U.S. Senate, overvoting occurs in an uneven fashion” (IRV, or ‘instant runoff voting,’ is another name for ranked choice voting in single-winner contests). So McDaniel not only contradicted his own conclusion in his earlier study with Neely, but the earlier study had been an important corrective for one of the most frequently made mistakes made by anti-RCV political scientists – a continual failure to provide crucial context by pairing a comparative analysis of real world RCV elections with an analysis of real world plurality or other electoral methods. Unfortunately McDaniel’s earlier study does not get cited much by other researchers, and McDaniel did not even cite it in his own flawed study analyzed above. Incredibly, McDaniel cherrypicked McDaniel, even as his flawed study has been cited dozens of times. Despite being a textbook example of poor political “science,” featuring both inadequate as well as cherrypicked data, the shelf life of McDaniel’s study has been extended endlessly by other political scientists and media outlets who have cited it uncritically. Equally troubling, the Journal of Urban Affairs put this paper through its peer review process and published it despite its numerous flaws. McDaniel gets it wrong, Part II Not content with producing one shoddy, confused paper, McDaniel produced another one a few years later, here is the link: Electoral Rules and Voter Turnout in Mayoral Elections: An Analysis of Ranked-Choice Voting by Jason McDaniel. San Francisco State Univ. (McDaniel, 2019). In this paper, McDaniel extended his previous flawed research focused on San Francisco, about voter turnout and voter impact, to multiple RCV cities through the 2018 elections. In his data set he included San Francisco, Minneapolis, St Paul, Oakland, Berkeley, San Leandro and Santa Fe. He then compared their turnout in mayoral elections to non-RCV cities, and to mayoral elections in those cities held before first RCV usage, and concluded “a significant decrease in voter turnout of approximately 3–5 percentage points in RCV cities after the implementation of RCV.” But he replicated many of the same mistakes as his first study presented above. While in this study McDaniel attempted to distinguish between various factors, such as odd year vs. even year elections, competitive races vs. noncompetitive, contests with open seats and other factors, the analysis is superficial and inadequate. He attempts to incorporate so many often-conflicting variables that his conclusions are once again unsupported by the actual data, and ultimately unconvincing (this second study never underwent a peer review process). For example, McDaniel declared that for RCV cities “in elections that are more competitive than average (margin of victory less than 20%), there is no significant RCV effect on voter turnout.” Yet McDaniel is a professor in a city, San Francisco, in which the 2018 special election using RCV to fill a mayoral vacancy was exceedingly close, decided by a margin of only one percentage point, and resulted in the second highest turnout in San Francisco history for a mayoral election. Illustrating the complexity involved in assessing the critical factors in turnout, that special election was held on the same election day as federal and state offices, which tends to boost turnout. Yet more voters participated in that RCV mayoral election than voted on the same day in the non-RCV primary for governor in which former San Francisco mayor Gavin Newsom was running. Even more puzzling, in this study McDaniel inaccurately cited his own previous study from 2015 with Neely. McDaniel wrote, “Neely and McDaniel (2015) examine individual ballot image files within a natural experiment, and find higher rates of ballot errors in RCV elections compared to non-RCV elections” (emphasis added). However, we quoted from that 2015 study several paragraphs above, and in actual fact Neely and McDaniel actually concluded the opposite -- that the pattern of overvoting – which is the most common form of ballot error – is similar in both RCV and non-RCV contests. McDaniel also ignored the fact that in Bay Area RCV elections held in even years – at the same time as federal and state elections, when turnout is highest -- the “undervote” (that is, the dropoff in ballots cast for governor or mayor) has declined, which contradicts his thesis that the act of ranking ballots in RCV elections is too complex and presents a barrier for certain demographics of voters. To his credit, McDaniel actually acknowledged another contradiction in his own paper, which found a negative RCV turnout effect in some odd-year elections but not others, admitting that “may present a challenge to the theory that increased complexity [from RCV] will have a marginal negative effect on voter turnout.” But he tried to wallpaper over that contradiction by blaming it on an unlikely source -- bad election administration. McDaniels wrote, “This would suggest that the negative impact of RCV on voter participation may be alleviated by high quality election administration,” without presenting any data or even anecdotes to support such an unfounded theory. While competent election administration of any election, whether RCV or non-RCV, is crucially important, there is no credible research that supports the far-fetched notion that the quality of election administration has much of an impact on voter turnout in US elections, whether using RCV or otherwise. Upgrade to a $5 subscription The unvirtuous circle of academic research It is puzzling how McDaniel’s first study could have survived the peer review process for the Journal of Urban Affairs. The mistakes in McDaniel’s first study above should have been obvious to anyone with a basic understanding of ranked choice voting as well as elections in general, and elections in San Francisco specifically. It undermines faith in the credibility of the peer review process to think that a jury of peer political scientists did not catch the egregious errors and reject McDaniel’s sloppy research and paper. And it remains a black mark on political science that this thoroughly discredited study has been cited dozens of times by other researchers. Indeed, in our research paper it became apparent that many political scientists cite each other’s flawed research to pad their list of citations and to legitimize their own flawed research, creating an unvirtuous circle of political science. More broadly, McDaniel’s voter turnout studies, like other studies evaluating RCV’s impact on turnout, lacked a recognition that no credible opinion or research can claim that RCV increases voter turnout merely because so many voters are excited to vote for their favorite candidates instead of “lesser evil” candidates without worrying about spoilers. Instead, with respect to turnout, the advantage of RCV has always been that, in most places where it has been used, it has eliminated a pre-November primary or post-November runoff, which usually saw about half the turnout of the November general election. This is especially true during even years when there are state and federal elections on the ballot which substantially drive turnout more than local contests. Any study that does not adequately account for this non-November primary/runoff vs November general election dynamic, or odd year vs even year election factors, is simply not credible. Both of McDaniel’s studies largely failed on those grounds. Steven Hill and Paul Haughey Share Upgrade to a $5 subscription Thanks for reading DemocracySOS…your digital portal for the pro-democracy movement. Subscribe for only $5 per month to receive full benefits and to support our work. Subscribe

Jul 20 • 9:29 AM EDT • Science • democracysos.substack.com

Makai Lemon says he'll be 100 percent for training camp after missing some offseason work

Jul 19 • 3:37 AM EDT • Sports • sports.yahoo.com

Waste, fraud, abuse… and the politics of power

One of the oldest tricks in politics is knowing when to use a number and when to use a percentage. If you want something to sound enormous, you use the raw number. If you want it to sound insignificant, you use the percentage. Politicians, statisticians and public relations strategists know this. Every citizen should understand […]

Jul 16 • 5:59 AM EDT • Politics • tennesseelookout.com

Science under siege: As federal funding dries up, top research universities are turning out fewer PhDs

The number of students admitted to Ph.D. programs this fall dropped 15 percent from , according to data from over 50 top research universities, raising

Jul 16 • 12:05 AM EDT • Science • geneticliteracyproject.org

Uber Announces Acquisition Offer for Delivery Hero

Cash consideration of €41.50 per share offered to all Delivery Hero shareholders, representing an Equity Value of $14.8 billion, or $13.7 billion adjusted for Uber’s prior stake purchases The transaction is expected to be accretive to Non-GAAP EPS upon close; high-single-digit percentage accretion by year three Delivery Hero has separately agreed to sell part of its business covering 14 markets to SSW Partners Management Board and Supervisory Board of Delivery Hero unanimously welcome and support the Takeover Offer and intend to recommend Delivery Hero shareholders to tender into the offer, subject to their review of the Offer Document Prosus has irrevocably committed to tender their shares, which would bring Uber’s total economic interest to ~53% Uber Technologies, Inc. (NYSE: UBER) has entered into a business combination agreement with Delivery Hero, extending the world’s largest mobility and delivery platform to a total of 99 markets, with combined pro-forma Gross Bookings of $236

Jul 15 • 8:00 PM EDT • Business • investor.uber.com

FTC Reaches Settlement With CVS Health Over Insulin Prices

Shares of CVS Health closed slightly higher Tuesday, about a quarter of a percentage point.

Jul 14 • 4:47 PM EDT • Health • barrons.com

IBM shares plunge as AI spending boom disrupts business

Shares in IBM plunged 24 percent on Tuesday after the US tech giant released disappointing preliminary second-quarter results, blaming a shift in spending by customers due to expected higher prices for memory chips and other AI-related infrastructure.A global rush by tech companies to build out artificial intelligence infrastructure has sent demand for servers, memory chips and storage soaring, driving up prices and creating supply shortages across the industry.

Jul 14 • 2:42 PM EDT • Business • finance.yahoo.com

Bennett unveils tax plan in Maine governor’s race

Bennett said he also wants a state panel to study a program in Vermont that caps property taxes at a percentage of household income.

Jul 14 • 11:21 AM EDT • Politics • spectrumlocalnews.com

Should Disney Get Out of Streaming Business? One Analyst Says Yes

Wells Fargo analyst Steven Cahall argues in a new research note that focusing on IP and experiences could raise Disney's stock price by 40 percent.

Jul 13 • 11:23 AM EDT • Business • hollywoodreporter.com

FULL SHOW: Inside INdiana Business 7/12/26

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Jul 12 • 8:00 AM EDT • Business • insideindianabusiness.com

Who Needs Scalpers When GameStop Is Marking Up Pokémon Cards By More Than 300 Percent?

Is paying a reasonable price for colorful cardboard too much to ask?

Jul 11 • 8:00 AM EDT • Technology • engadget.com

In R.I., incumbent governor faces rocky road to reelection

Polls show Rhode Island Governor Daniel McKee 20 percentage points behind in a Democratic primary rematch amid political fallout from the Washington Bridge closure.

Jul 11 • 6:00 AM EDT • Politics • bostonglobe.com

Pavin Smith DFA'd by Diamondbacks, Ryan Waldschmidt recalled

Smith was hitting .141 (11-for-78) this season for the Diamondbacks while sporting a .236 on-base percentage and .428 OPS.

Jul 10 • 1:08 AM EDT • Sports • arizonasports.com

Health insurers propose double-digit-percentage price increases for Illinois exchange plans

For 2027, the state’s largest health insurer, Blue Cross and Blue Shield of Illinois, is proposing an average price increase of 14.9% across its exchange plans.

Jul 9 • 2:18 PM EDT • Health • chicagotribune.com

AACSB extends accreditation for La Salle University's School of Business

As the longest-serving global accrediting body for business schools, the Association to Advance Collegiate Schools of Business (AACSB) accreditation is an achievement held by only 6 percent of institutions offering business degrees worldwide.

Jul 9 • 8:32 AM EDT • Business • lasalle.edu

For A Few Short Minutes Today, 99 Percent Of Humanity Will Be Bathed In Sunlight. If You Miss It, You Will Get Another Chance Tomorrow.

For a short few minutes, nearly all of humanity will experience sunlight together.

Jul 8 • 7:54 AM EDT • Science • iflscience.com

Fans Canceling PS Plus To Boycott Sony Killing Discs Discover You Can Actually Save Money By Threatening To Quit

But wait, before you leave, here's a 50 percent off coupon...

Jul 7 • 5:00 PM EDT • Technology • kotaku.com

Bethesda, id Software reportedly hit hard by Microsoft layoffs

As much as 50 percent of some teams affected by reductions, and more could be coming.

Jul 7 • 3:52 PM EDT • Technology • arstechnica.com

Alliance Entertainment eliminates Class E voting rights

Alliance Entertainment approved eliminating Class E voting rights, effective ~July 27, 2026, shifting voting power and raising unrestricted shareholder percentage to ~6.6%.

Jul 7 • 6:03 AM EDT • Entertainment • stocktitan.net

Rogers Nearing Full Ownership Of Maple Leaf Sports & Entertainment

Rogers is buying Kilmer Sports' 25 percent stake in MLSE for $4.35 billion Cdn. That means Rogers is about to become the full owner of the company that owns the Toronto Maple Leafs and other sports franchises.

Jul 6 • 10:21 AM EDT • Entertainment • ca.finance.yahoo.com

Rogers signs agreement to become 100 percent owner of Maple Leaf Sports & Entertainment

What does Rogers' full ownership mean for the Maple Leafs and Raptors?

Jul 6 • 9:47 AM EDT • Entertainment • nytimes.com

Rogers signs agreement to become 100 percent owner of Maple Leaf Sports & Entertainment

What does Rogers' full ownership mean for the Maple Leafs and Raptors?

Jul 6 • 9:47 AM EDT • Sports • nytimes.com

FULL SHOW: Inside INdiana Business 7/5/26

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Jul 5 • 8:00 AM EDT • Business • insideindianabusiness.com

I switched from Chrome to Edge and finally understood why my laptop battery died so fast

I blamed everything but my browser before this.

Jul 5 • 7:00 AM EDT • Technology • makeuseof.com

89 Percent — And a Reminder of What Science Can Do When We Pay For It

A century of work, and finally a shot that protects against one of the world's great killers of children. That is not luck. That is investment. Every once

Jul 4 • 10:16 PM EDT • Science • marlerblog.com

70 percent in 5 years: Rising health insurance costs not sustainable in Richland County, Vero says

Skyrocketing costs of health insurance for county general fund employees are not sustainable -- even in a county in good financial shape.

Jul 3 • 12:00 PM EDT • Health • richlandsource.com

CMS proposes updates to home health payments for CY 2027, updates to provider enrollment and quality and value-based purchasing programs

The Centers for Medicare & Medicaid Services July 1 issued its calendar year 2027 proposed rule for the home health prospective payment system. The rule proposes a 2.4% update, which includes a 3.1% market basket update, reduced by a 1.0 percentage point cut for productivity, as well as an 0.3 percentage point increase related to outlier payments. In addition, the agency proposes a temporary cut of 3.0% that it states is necessary to achieve budget-neutral implementation of the Patient-driven Groupings Model.

Jul 1 • 12:34 PM EDT • Health • aha.org

Sony will cease production of discs for new PlayStation games in 2028

New games sold for PlayStation consoles will only be available digitally and won’t be sold on discs effective January 2028, Sony has announced. The move applies to all PlayStation games released from that point on, including those made by Sony and those released by third parties. The PlayStation group calls the change “a natural direction for Sony Interactive Entertainment to adapt to consumer trends as the general preference for digital media significantly outpaces physical discs,” according to a PlayStation blog post reviewed by Game File in advance of its publication. As movies, TV and music have shifted from physical media to an age of downloads and streaming, Sony’s move could speed the demise of physical media in a gaming. The industry has offered consumers games via cartridges, cassettes, floppy discs, CDs, DVDs and Blu-Rays across a 50-year stretch. Sony has been reporting to investors in recent years that PlayStation games have been increasingly purchased as downloads, not as discs. The most recent figures show nearly four in five purchases of full games for PlayStation 4 and PlayStation 5 were purchased digitally in the past year. Stats like that may cause today’s news to carry an air of the inevitable. But Sony’s declaration for 2028 is still likely to produce a shock, as the biggest gaming platform on the planet that uses game discs leaves them behind. Discs going away, but the fate of game boxes is unknown Sony is committing to still selling games in physical retailers even after they drop discs in 2028. Just how those games will be sold—in boxes with codes inside, as cards marked with digital redemption codes—is unclear. Digital games will also continue to be sold in the online PlayStation Store. New games released for PlayStation consoles prior to January 2028 will be unaffected by the policy change, Sony says. That means the PS5 games of 2027, be they a new Madden, a new God of War, a new Call of Duty, a new Sly Cooper (one can dream?), would still potentially be offered on disc. PlayStation 6 implications Sony’s timeline for a transition to a no-disc era will also spin up more speculation about the timing and configuration of Sony’s next-generation console, the probable PlayStation 6. “This pretty much guarantees that PS6 won’t arrive until 2028 at the earliest,” Piers Harding-Rolls, senior games research analyst at Ampere Analysis tells Game File. Harding-Rolls also concludes from today’s news that “the base version of a PS6 will not include a physical media drive,” as Sony looks to keep costs down on the device. Sony itself is saying nothing about the PS6 today: not its timing, nor how it might or might not support internal or external disc drives in order to run disc-based PS4 and PS5 games, should the console be backwards compatible. The many signs this was coming Industry support for games being released on physical media has been waning. As has consumer interest in them. PC games effectively went all-digital years ago, thanks to the popularity of playing games through Steam and other digital storefronts. The Covid-19 pandemic and the lockdowns that kept much of the global population home helped shift shopping patterns toward downloads. Sony’s own data shows PlayStation game downloads being an uncommon consumer choice a decade ago and now becoming the norm. On consoles, physical media has been in such decline that Sony and Microsoft both launched their current gen Xbox Series and PS5 consoles in 2020 with cheaper versions that lacked disc drives. In early 2024, Phil Spencer, then head of Xbox, told me that ““[w]e ship games physically and digitally, and we’re really just following what the customers are doing.” He added that the game industry had become an outlier in still supporting disc-based entertainment, even as movies and TV have bailed on discs in favor of downloads and steaming: “Gaming consoles themselves have kind of become the last consumer electronic device that has a drive. And this is a real issue, just in terms of the number of manufacturers that are actually building drives and the cost associated with those. And when you think about cogs that we’re going to go put in a console—and as you have fewer suppliers and fewer buyers—the cost of the drive does have an impact.” Last year, the Nintendo’s Switch 2, which uses cartridges rather than discs, introduced the concept of game-key cards, which are physical media that contain no game, just a prompt for a download. Even disc-based games aren’t what they once were, now frequently containing just stubs of games rather than the whole thing. The website Does It Play has tested over 3000 games and found that, for example, that the disc version of this year’s hit 007: First Light, only contained the game’s first mission, with the rest needing to be downloaded. Beyond all that, last week brought the news that Grand Theft Auto VI, likely the biggest game launch this decade, will debut for PS5 and Xbox Series without a disc-based version. Today’s big news comes to you for free. Game File is a reader-supported publication. To receive new posts and ensure more of my work is possible, please consider becoming a free or paid subscriber. Subscribe Discs helped define PlayStation However the trends in entertainment may be going, it is still remarkable to see PlayStation ditch discs given their importance in PlayStation history: In the late 1990s, the first PlayStation’s support for games on relatively cheap CD-ROMs instead of traditional game cartridges allowed the upstart console to outmaneuver cartridge-based systems from Nintendo and Sega, as it drove down game prices down in the process. (The cheaper disc format even prompted Final Fantasy VII maker Square to taunt Nintendo in a magazine ad, saying that if the game was “available on cartridge, it’d retail for around $1200.”) PlayStation devices often doubled as machines for watching movies and TV on the latest disc-based formats. In the late 2000s, for example, Sony’s pricy PS3 gained traction as a go-to device for playing then-novel Blu-Ray discs. In 2013, Sony effectively roasted the digital game-sharing restrictions proposed by rival Microsoft for its upcoming Xbox One console by showing how games could be shared for the then-upcoming PS4. In a 21-second clip that has over 20 million views on YouTube, one PlayStation executive simply handed a game box—presumably with disc inside—to another, who said “thanks.” Sony’s possible motivations The PlayStation announcement today cites “consumer preferences” and a shift away from discs among “the broader entertainment industry,” but does not delve into the decision-making process that brought Sony to this point. Sony is not discussing the economics of this move (I asked!), but there are a number of potential factors: Abandoning discs will spare Sony the cost of manufacturing and shipping them, which analysts and industry veterans I spoke to said could account for $1 or so of a game’s retail price. For first-party games, that’s direct savings for Sony, though the amount is limited by the winnowing percentage of people who were even buying the disc-based versions. For third-party games, Sony could pass the savings on to partners or just retain the better profit margin for themselves. As the 2024 comments from Phil Spencer alluded to, leaving discs behind could mean leaving disc-drives behind, allowing Sony to produce consoles more cheaply. Switching to digital-only for games could diminish the risks of copies of new games leaking. It would also seemingly make second-hand sales of used games impossible, pushing more people to buy their own copies of games. These economic benefits for Sony could be boons for the games industry overall, Ampere analyst Piers Harding-Rolls tells Game File. Among other things, it could free publishers and retailers from having to worry about securing an inventory of game discs when trying to sell games, he noted. “If there is a way to streamline the business of games retail, I generally think it’s a good thing for the industry as it removes unnecessary costs,” Harding-Rolls said. “This will help offset pressure on margins from other directions – development and staffing costs for example.” Should the industry shift from game boxes that contain discs to smaller, cheaper game cards, Harding-Rolls said, that reduces pressure on publishers and retailers. “The advantage of everything going digital for the industry is that sales can be tracked much more easily and there is less commercial risk for publishers wanting to continue selling via retail,” he said. The shift to no discs will also likely impact game development timelines, as developers will no longer face the same urgency to have a build ready to submit to PlayStation for the production of a disc, as industry experts noted around GTA VI’s no-disc news last week. Instead, projects may gain weeks of development time, in the event delivery deadlines for platform approval move closer to release date. Preservationists’ likely worries While millions of gamers have shifted to digital, there are still people who associate game discs—and only game discs—with actual ownership of PlayStation games. That portion of the gaming community spoke up last week about wanting to buy a version of GTA VI that they could hold in their hands, could lend to a friend and could potentially pop into a well-preserved PS5 console three decades from now and still see it run. Such gamers didn’t want to worry that they’d merely purchased a digital copy that could lose access to the game if, say, the company behind the game someday turns of the servers that transmit downloadable copies. Digital copies of games are inherently less long-lasting, because consumers aren’t actually buying a game (on a disc), just buying access to the game. The fine print in online gaming shops notes this, as does a recent law that went on the books in California in 2025. That lasw requires game publishers doing business in the state to refrain from words like “sell” when offering digital copies of games, unless they explicitly tell consumers that what’s being sold isn’t the game itself but a potentially revocable license to access it. A Sony spokesperson noted to Game File that “[w]ith all digital content, including games, movies, and music, players are purchasing a personal license for non-commercial use.” Regarding the fears of PlayStation games being lost to time in an all-digital era, the rep also noted that Sony remains “committed to delivering experiences from past generations to the new platforms our players are using.” They noted that PlayStation has used emulation and remasters to keep offering its classic games to modern gamers. It’s true that many consumers have become accustomed to not having physical copies of new music albums or movies, but the relative precariousness of digital copies of games is in fact being highlighted today by…. Sony’s other big announcement: the upcoming closure of the PS3 and PS Vita online stores Sony said today that it will be closing the online marketplaces for its PlayStation 3 console and PS Vita handheld in most countries in July 2027 (sooner elsewhere: August 2026 for the PS3 store Mexico, Honduras and Nicaragua; late 2026 for PS3 in other Latin American countries and the Middle East). “We know this news may be disappointing to PS3 and PS Vita players who hold a special place in their hearts for this generation of gaming,” Sony said in its announcement, saying the move “was not an easy decision for us to make.” Sony said that PS3 and Vita marketplaces “are no longer able” to support modern commerce systems, prompting a “need” to close the shops and focus on more modern PlayStation platform stores. The news may spark some deja vu. Sony announced back in March 2021 that it planned to take the PS3, Vita and PlayStation Portable marketplaces offline that summer. The move would have caused some 2,000 digital-only games to become unavailable for new purchasers, according to a VGC analysis at the time. Fans complained loudly. By April 2021, Sony walked back the PS3 and Vita shop closures, with then PlayStation boss Jim Ryan saying “it’s clear that we made the wrong decision here.” This time around, Sony is giving a longer notice period in most regions. The closure of those stores is still likely to cut off access to new purchases of digital-only PS3 and Vita games. The current PlayStation 5 marketplace sells PS5 and PS4 games, as well as a selection of PS1 and PS2 games. It does not sell PS3 games, because games for that platform can’t run on the system (some are offered via a PlayStation Plus streaming option). Vita games also aren’t sold via PS5. Sony says digitally purchased PS3 and Vita games will be downloadable after the stores’ shutdowns “for the foreseeable future.” Sony’s move contrasts with Microsoft’s Xbox platform, which continues to sell and support games from all four Xbox console generations. But it puts it in line with Nintendo, which disabled purchases in the marketplace for its Wii console (a contemporary of the PS3) in 2019. Nintendo discontinued purchases in the online shop for its 3DS portable (a contemporary of the Vita) in 2023. The big questions about Sony’s 2028 post-disc era Will Microsoft follow suit, ending support for new disc-based games on Xbox platforms and therefore all game consoles, too? Whether Microsoft does or not, will third-parties that can no longer release games on discs for PlayStation, simply ditch the disc options across the board? Given the GTA VI no-disc experiment launching this November, will more game publishers decide to forgo disc-based offerings even in 2027? How will no-disc PS5/6 games be packaged and sold in brick-and-mortar retail stores? What becomes of game sharing in an all-digital era? Will Sony modify its current set-up, which currently allows some sharing of digital games across a pair of consoles, to allow more casual lending? (See for example, Nintendo’s year-old system of letting players lend a digital game to another player in a “family group” for up to 14 days.) Will there be a version of a PS6 with a disc drive? Or will a drive be offered as an add-on? And how will gamers who want to retain access to PS4/PS5 disc-based games react to whichever configurations Sony chooses to offer? What will the final disc-based PlayStation game be?

Jul 1 • 8:00 AM EDT • Technology • gamefile.news

Poll: Most Americans think the U.S. has strayed from its founding principles

Most Americans believe the country has moved away from its founding principles as the nation prepares for its big 250th anniversary, a new PBS News/NPR/Marist poll finds. Eighty-three percent of U.S. adults feel America has strayed from the ideals the country was founded on two-and-a-half centuries ago. Among them, close to half of Americans — 47% — say the U.S. has "moved far away" from these principles, joined by 36% who said America has “moved

Jul 1 • 5:00 AM EDT • Politics • pbs.org

Academy Sports + Outdoors coming to Siloam Springs

Marc Hayot/Herald-Leader Construction workers prepare the ground to build the new Academy Sports + Outdoors in between the Walmart Supercenter and Lowe's Home Improvement on June 24. An opening date has not been set, said Kelley Jones, senior external communications specialist for Academy Sports + Outdoors.

Jul 1 • 5:00 AM EDT • Sports • nwaonline.com

Fallout from USMNT loss to Turkey and previewing the Mbappe-Haaland clash

On today’s show, we look back at the United States’ final group stage match against Turkey and evaluate their readiness for the Round of 32. Manchester City insider Sam Lee joins us to preview the tournament’s first true superstar heavyweight clash as Kylian Mbappe and France square off against Erling Haaland and Norway in a battle for Group I supremacy. Plus, The Athletic’s Jay Harris is back in the studio to break down the latest bracketology, advancement percentages, and qualification permutations for Groups G, H, and I using The Athletic’s World Cup Tracker.

Jun 27 • 6:00 AM EDT • Sports • nytimes.com

This Week's 10 Must-Read Stories on Women in Politics: Title IX Anniversary, AI's Anti-Women Bias and Ranked-Choice Voting Victories

Weekend Reading on Women’s Representation is a weekly compilation of stories about women’s representation in politics, on boards, in sports and entertainment, in judicial offices and in the private sector in the U.S. and around the world—with a little gardening and goodwill mixed in for refreshment! Published every Friday. —This week marked the 54th anniversary of Title IX. —As the Taliban approaches the five-year mark of its return to power this August, a rare protest in western Afghanistan last week laid bare both the brutality of its rule and the resilience of those living under it. —A woman will replace Eric Swalwell in California … but for not two more months. —A study of 133 AI systems found that 44 percent demonstrated gender bias, and more than a quarter showed both gender and racial bias. ... and more.

Jun 26 • 6:02 PM EDT • Politics • msmagazine.com

Ryman Hospitality Addresses Possible Sale of Opry Entertainment Group

Corporation officials say they are exploring the possible sale of a 70 percent stake in the entertainment entity, but there are no agreements in place and ‘no assurances any transaction will occur.’

Jun 26 • 12:00 PM EDT • Entertainment • nashvillescene.com

These Churches Are Putting Family Before Politics

Close to 70 percent of Black children in America are born to unmarried parents. Nearly half live with a single mother. Both figures are significantly higher than the national average and reflect the steep decline in marriage among African Americans since the 1960s.

Jun 25 • 3:52 PM EDT • Politics • heritage.org

Trump-endorsed de la Espriella declared winner of Colombia presidential election

He defeated progressive lawmaker Iván Cepeda by 1 percentage point

Jun 24 • 6:24 PM EDT • Politics • spectrumlocalnews.com

Markets Recoil in Global Sell-Off Driven by Tech Stocks

Chipmakers led the way down in South Korea, where the main index crashed 10 percent. Stocks in Europe were lower and S&P 500 futures pointed to a sharp fall.

Jun 23 • 5:14 AM EDT • Business • nytimes.com

Digital Health Tools Are Reshaping Healthcare in the United States

/PRNewswire/ -- At least 12 percent of Americans now communicate with their healthcare providers about appointments, test results, and ongoing treatments via...

Jun 22 • 11:07 AM EDT • Health • prnewswire.com

FULL SHOW: Inside INdiana Business 6/21/26

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Jun 21 • 8:00 AM EDT • Business • insideindianabusiness.com

Why Top Professionals Are Ditching LinkedIn and AI to Return to This 1980s Business Habit

A new report reveals that 63 percent of executives believe missing out on this exclusive, offline invitation list is actively harming their careers. Here is the modern way to get a seat at the table.

Jun 18 • 3:08 PM EDT • Business • inc.com

Second Annual Cenevo Survey of Life Science Professionals Reveals Future of AI in Modern Labs

AI adoption is widespread across life sciences laboratories, but it is still mostly in the experimental stage, with only 5 percent using AI agents in production, according to Cenevo's second annual survey.

Jun 18 • 12:00 PM EDT • Science • finance.yahoo.com

Second Annual Cenevo Survey of Life Science Professionals Reveals Future of AI in Modern Labs

/PRNewswire/ -- AI adoption is widespread across life sciences laboratories, but it is still mostly in the experimental stage, with only 5 percent using AI...

Jun 18 • 12:00 PM EDT • Science • prnewswire.com

92 Percent of Wealthy Americans Are Changing Their Financial Plans Because of This Trend—and It’s Reshaping How Founders Exit

The long-term strategy of business owners is shifting. Here's why.

Jun 18 • 8:19 AM EDT • Business • inc.com

Americans Struggle to Afford Quality Healthcare

Fifty-one percent of Americans could not consistently afford healthcare in 2025 – the largest share in the past five years, according to a new report from the West Health-Gallup Center on Healthcare in America. Every year since 2022, fewer and fewer Americans are considered “cost secure” when it ...

Jun 17 • 3:39 PM EDT • Health • usnews.com

U.S. Business Applications for May 2026: Trend Remains Solid - Small Business & Entrepreneurship Council

by Raymond J. Keating – The latest business applications numbers from the U.S. Census Bureau offered a mixed story for May, with the overall trend, however, remaining healthy. Total business applications in May increased by 3.7 percent to 523,971 (seasonally adjusted). At the same time, high-propensity business applications declined slightly – by 0.3 percent to […]

Jun 17 • 8:54 AM EDT • Business • sbecouncil.org

87 Percent of Creators Say Creative AI Is Growing Their Business and Audience, According to Adobe’s 2026 Creators’ Toolkit Report

Adobe’s 2026 Creators’ Toolkit Report, based on a global survey of more than 16,000 creators, finds that creative AI is accelerating business growth, becoming essential to creative workflows and reshaping how creators think about the future of AI.

Jun 16 • 2:00 AM EDT • Business • news.adobe.com

Thanks For Making Me 12th Highest on Substack’s List Of “Rising” Business- and Economics-Related Newsletters

A big thank you to those of you who upgraded to paid subscriptions to read my two most recent paid memos: https://richardkatz.substack.com/publish/posts/detail/201675746?referrer=%2Fpublish%2Fposts%2Fpublished and https://richardkatz.substack.com/publish/posts/detail/201774434?referrer=%2Fpublish%2Fposts%2Fpublished As a result, total paid subs rose by 5.6% over the past seven days. And that put me at 12th on Substack’s list of “rising” newsletters in business and economics. “Rising” means those with the biggest percentage increase in revenue from subs over a short period of time. Of course, as is often the case with the issues I discuss, this is a good-news/not-so-good-news story. The good news is a rush of new subs. The caveat is that it’s easier to get a big percentage increase when the base is relatively small. I have enough paid subs to be in the initial rank of Substack’s “best seller list,” but a way to go before enough of the 12,000 subs to Japan Economy Watch are paid subs. For most hybrid newsletters—a combination of free and paid posts—2-7% of the total subs are paid. 5% is my initial goal. If you gain insight from reading this blog, please join those who’ve already upgraded; help me reach 5%—and beyond. Subscribe

Jun 15 • 4:17 PM EDT • Business • richardkatz.substack.com

Business Associates Face Increased Regulatory Scrutiny as Vendor Breaches Soar

The healthcare industry has the highest rate of third-party data breaches out of any sector, according to the Verizon Data Breach Investigations Report In 2017, 13% of healthcare data breaches involved healthcare vendors. Fast forward to H1 2026, and that percentage has risen to 43%. With data breaches soaring, vendors are facing increased regulatory scrutiny, and new cybersecurity requirements are due for imminent release.

Jun 15 • 7:32 AM EDT • Business • hipaajournal.com

Eagles’ all-time winning percentage shows long franchise climb

The Eagles rank No. 18 among all NFL teams in all-time winning percentage, sitting just above .500 in franchise history

Jun 15 • 5:57 AM EDT • Sports • sports.yahoo.com

New rules expand ACA insurance choices but could come with risks

Plans could offer 30 percent higher out-of-pocket costs or no set hospital networks. Critics say the changes may reduce enrollment by 2 million.

Jun 14 • 5:00 AM EDT • Health • washingtonpost.com

Sharon O'Keefe

As president of the University of Chicago Medical Center and chief operating officer of the 1,286-bed University of Chicago Medicine health system, Sharon O’Keefe oversees a clinical enterprise with annual operating revenue of $2.21 billion. In the past 18 months, UChicago Medicine opened an expanded adult emergency department—a $39 million investment—and an adult trauma center. Since 2011, the system has generated annual growth of nearly 5 percent in revenue and 4 percent in patient admissions. O’Keefe previously was president of Loyola University Medical Center and executive vice president and chief operating officer at Boston’s Beth Israel Deaconess Medical Center. She serves on the Illinois Hospital Association finance and audit committee and is on the American Heart Association’s Midwest affiliate board.

Jun 13 • 3:30 AM EDT • Business • chicagobusiness.com

Moody leaders pass 10-percent lodging, entertainment taxes

The Moody City Council on Monday (June 8) passed a tax hike for lodging and entertainment.

Jun 12 • 2:56 PM EDT • Entertainment • annistonstar.com

Capitals Goaltender Logan Thompson Finishes 23rd In Hart Voting

The Capitals netminder had the best save percentage league-wide among goalies with at least 46 games played.

Jun 11 • 8:00 PM EDT • Sports • sports.yahoo.com

Social Security is Facing a Political Crisis

On Tuesday the Social Security Trustees released their latest report on the system’s finances. The numbers didn’t change much: Unless something is done, the Old Age Survivors and Disability Insurance (OASDI) program, Social Security’s official name, will be unable to pay full benefits starting in either 2032 or 2034, depending on some technical issues. That’s not far away: If the Trustees are right, the prospect of a Social Security crisis will loom over the next presidential administration. It’s important to understand, however, the nature of the looming crisis. It won’t be an economic crisis. It won’t even be a serious fiscal crisis. Whatever you may have heard, Social Security isn’t in danger of going bankrupt. What we’re facing, instead, is potential political crisis. Congress and the White House could easily take action to sustain America’s retirement system. But given the current state of our politics, there’s no guarantee that they will. There is a widespread misunderstanding of how Social Security works. While Social Security was designed to look like a pension fund, it isn’t. A pension fund pays benefits out of a stock of assets it has accumulated over time. In contrast, Social Security operates as a government transfer program, like food stamps or Medicaid. Now, unlike food stamps — but like the highway trust fund — Social Security is on paper supported by a dedicated tax, the payroll tax, that is assigned to that program. But I say “on paper” because from an economic point of view assigning the payroll tax to Social Security is just an accounting convention. What matters for the U.S. economy is the overall balance between government spending and government revenue, not the difference between one type of spending and one source of revenue. So there’s no inherent economic significance to the fact that by 2034 payroll tax receipts will be insufficient to cover promised benefits. There is, however, a legislative issue. As long as the Social Security Administration can pay benefits out of payroll taxes and its cash reserve, there’s no need for Congress to vote each year to authorize benefits — they just keep going out until further notice. However, once those resources become insufficient, benefits will fall —by 17 percent according to the Trustees — unless Congress passes new legislation that “tops up” Social Security’s finances. Yet the current administration and Republican party are such extremists that there is a real risk that Social Security will be held hostage on behalf of their goals. If this should come to pass, the hostage-takers will claim that shoring up Social Security is unaffordable. Right on cue, Mike Johnson, the Trump-sycophant Speaker of the House, declared on Monday that “entitlement programs” like Social Security “have to be adjusted and fixed,” and that Republicans will introduce a plan to that effect next year. But this is a ploy, because while the cost of maintaining Social Security benefits at their promised level isn’t trivial, it is in fact affordable. According to the Trustees’ report, the actuarial balance of OASDI up through 2050 — the amount of additional funds it would need to keep paying full benefits for the next 25 years — is 1.06 percent of GDP. To put that number in perspective, the Trump administration proposes increasing military spending next year by $420 billion, equivalent to about 1.4 percent of GDP – without any discussion of whether that’s affordable Yet how did we get to the point where Social Security will need to be topped up? The main answer is that we have an aging population, with a growing ratio of retirees collecting benefits to workers paying into the system: Trump’s anti-immigration policies are making this problem worse. According to the Trustees’ report, lower immigration will deepen Social Security’s financial hole because many immigrants are working-age adults who will pay into the system for decades before they collect benefits. In fact, this problem may be much bigger than the report acknowledges: The report’s baseline assumption is that we’ll have net immigration of almost 1.2 million people a year, and even the pessimistic case assumes 750,000 a year. Meanwhile actual net immigration has already been cut far below that — and may now be negative. Moreover, Social Security is being financially damaged by growing income inequality in America. Payroll taxes are levied only on wages up to $184,500, and they don’t touch capital income. With the distribution of income increasingly shifting from labor to capital, as well as becoming more unequal among wage-earners, revenue from the Social Security payroll tax has been falling as a share of national income. From 1990 to 2024, it fell from 5.02 percent of gross domestic income to 4.46 percent. Which brings me to the question that, these days, we ask about everything: How might Social Security be affected by the advent of AI? A short answer: If, as many of us fear, AI accelerates rising income inequality, it will further reduce the payroll tax receipts that currently pay for Social Security and further endanger its finances. On the other hand, if AI, as its advocates promise, leads to faster economic growth, it will increase the potential tax base that could and should be used to support Social Security and other social insurance programs. But to take advantage of that larger base, we’ll have to get serious about taxing wealth and capital income. Is Social Security in trouble? Yes, but only because of the way its financing is currently structured — a structure that no longer works well because our society and economy have become so unequal. Moreover, Trump’s immigration policies are further endangering its already deteriorating financial condition. So don’t believe Republicans’ gaslighting that it will be necessary to cut Social Security benefits. All that is necessary to preserve Social Security is political will to raise taxes on the wealthy and a sensible immigration policy. MUSICAL CODA Actually 67 under current law.

Jun 11 • 6:34 AM EDT • Politics • paulkrugman.substack.com

New PENN Entertainment (PENN) Casino Set to Launch, Shares Jump Higher

PENN Entertainment Inc. (NASDAQ:PENN) is one of the 10 Stocks Surviving Market Slaughter. PENN Entertainment saw its share prices jump by 5.56 percent on Wednesday to close at $21.45 apiece, as investors positioned their portfolios ahead of the launch of a $360 million casino and hotel development in Illinois. In line with the closing of […]

Jun 10 • 10:06 PM EDT • Entertainment • finance.yahoo.com

How science is securing Michigan's pork future

Seventy-five percent of state's pigs are now covered by an SPS on-farm biosecurity plan, strengthening the responses farmers will have to an FAD.

Jun 10 • 11:35 AM EDT • Science • nationalhogfarmer.com

73 Percent of Small Business Owners Now Identify as 'Creators'—and It's Changing How They Operate

A new study from Constant Contact surveyed more than 5,000 small business owners. A key trend that emerged? Content creation.

Jun 10 • 9:43 AM EDT • Business • inc.com

NJBIA’s 2026 Regional Business Climate Analysis Shows NJ Still Worst in Region

NJBIA’s 2026 Regional Business Climate Analysis, released today, shows New Jersey continues to rank last in the region in cost competitiveness and business taxes for an eighth consecutive year. The analysis, found here, shows New Jersey remains a regional outlier with the top corporate tax rate (11.5%) and highest property tax paid as a percentage of personal income (4.38%). Additionally, New Jersey[...]

Jun 10 • 5:59 AM EDT • Business • insidernj.com

Democrats Face Another Long Wait for Results in Maine Swing District

No candidate cleared 50 percent in the Democratic primary race to replace Representative Jared Golden, sending the race into ranked-choice voting.

Jun 9 • 11:59 PM EDT • Politics • nytimes.com

Galaxy Digital Stock Surges on AI Data Center Business

Shares of Galaxy Digital surged on Monday, with investors betting that the crypto financial services company’s expansion into AI data centers will turbocharge its growth. The stock jumped 24% Monday afternoon and was on track for its largest percent increase since November 2024. Mike Novogratz, Ga

Jun 8 • 2:36 PM EDT • Business • wsj.com

Stunningly low percentage of adults in US think America stands above every other nation: poll

As America marks its 250th anniversary this year, an AP-NORC poll of adults in the U.S. found that only 25% believed that the U.S. stands above every other nation.

Jun 8 • 1:11 PM EDT • Politics • foxnews.com

Navy Medicine Readiness and Training Unit Portsmouth Earns Top Marks in Radiation Health Audit

The Radiation Health team at Navy Medicine Readiness and Training Unit Portsmouth has earned top marks following a recent audit conducted by the Bureau of Medicine and Surgery, placing the program among the top 10 percent of Radiation Health programs across the U.S. Navy.

Jun 8 • 8:04 AM EDT • Health • dvidshub.net

GBTA: U.S. business travel spending hits record $538.5B in 2024

Business travel spending in the U.S. | The report—based on 2024 data—found that business travel accounted for 2.1 percent of total U.S. GDP and generated $148.6 billion in federal, state and local tax revenue.

Jun 8 • 8:00 AM EDT • Business • hotelmanagement.net

PM Pashinyan’s party wins Armenia election, preliminary results show

Nikol Pashinyan's Civil ​Contract party wins 49.81 percent of ​the vote, the ​Central Election Commission says.

Jun 8 • 6:32 AM EDT • Politics • aljazeera.com

Assessing Melco Resorts & Entertainment (NasdaqGS:MLCO) Valuation After Stronger Macau Revenue Growth And Market Share Gains

Melco Resorts & Entertainment (MLCO) is drawing fresh attention after its Macau properties delivered year on year and sequential growth in gross gaming revenue and EBITDA, alongside a 1.3 percentage point gain in market share. See our latest analysis for Melco Resorts & Entertainment. Despite the stronger Macau showing, the share price tells a mixed story, with a 6.15% 1 month share price return and a year to date share price decline of 24.10%, alongside a 1 year total shareholder return...

Jun 8 • 6:05 AM EDT • Entertainment • finance.yahoo.com

FULL SHOW: Inside INdiana Business 6/7/26

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Jun 7 • 8:00 AM EDT • Business • insideindianabusiness.com

Lakers, Celtics, Clippers, Nets To Battle For 40-Percent Flamethrower

CLEVELAND — The ripple effects of a shifting market have created an unexpected opportunity for teams seeking elite perimeter depth. The Lakers, Celtics, Clippers, Nets to battle for 40-percent 3-and-D swingman. Front offices are evaluating their cap sheets to land the dynamic Keon Ellis. Cleveland Cavaliers' recent choice to fully prioritize retaining forward Dean Wade …

Jun 7 • 2:25 AM EDT • Sports • sports.yahoo.com

The Pokemon Company posts its best numbers ever in latest yearly financial results report

A new report went up this week detailing The Pokemon Company’s latest financial results, and once again, records were achieved across the board. For net sales, The Pokemon Company recorded 531 billion yen for more than a 29 percent year-on-year increase. Operating profit came in at 144 billion yen, which was a 43 percent jump. Finally, net profit came in...

Jun 7 • 12:00 AM EDT • Technology • nintendoeverything.com

NC State Health Plan leaders say WakeMed-Atrium merger could cause premium increases

State Health Plan Executive Administrator Tom Friedman said Atrium charges between 15 and 40 percent more for services. If WakeMed adopts those reimbursement rates, the impact could ripple across hundreds of thousands of employees.

Jun 5 • 5:27 PM EDT • Health • wunc.org

Chrome Sets Browser Speed Records on M5 MacBook Pro

Google's Chrome browser hit new records on browser benchmarking tools Speedometer 3.1 and JetStream 3, Google said today. Chrome earned a score of 61 on Speedometer, a five percent improvement since last year. It earned a 469 on JetStream 3, a 10 percent improvement since the beginning of 2026. Tests were done on an M5 MacBook Pro running macOS 26.0.1. Google says it holds a dual record across all browsers, beating every other Mac browser, including Safari.

Jun 5 • 1:38 PM EDT • Technology • macrumors.com

Sharks As Climate Scientists?Here’s How They Improve Ocean Forecasts.

A new study shows that data from tagged sharks can improve ocean forecasts by up to 40 percent in some regions, offering a surprising new tool for understanding and predicting climate patterns.

Jun 3 • 12:17 PM EDT • Science • forbes.com

Community Health launches Executive Physical program

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May 31 • 10:02 AM EDT • Health • insideindianabusiness.com

FULL SHOW: Inside INdiana Business 5/31/26

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May 31 • 8:00 AM EDT • Business • insideindianabusiness.com

Blue states pitch 100 percent tax on Trump’s ‘anti-weaponization’ payouts

“If you storm the Capitol and you take from this slush fund, too bad, we’re taking it,” one New York lawmaker said.

May 31 • 5:00 AM EDT • Politics • washingtonpost.com

Fertitta Entertainment Agrees to Acquire Caesars Entertainment in $17.6B Deal

HOUSTON, LAS VEGAS AND RENO, NEV. — Fertitta Entertainment Inc., a private holding company controlled by the NBA’s Houston Rockets governor (i.e. owner) Tilman Fertitta, has entered into a definitive agreement to acquire casino and gaming giant Caesars Entertainment (NASDAQ: CZR) for $17.6 billion. Fertitta Entertainment plans to finance the acquisition through a combination of equity, assumed Caesars’ outstanding debt (approximately $11.9 billion) and new committed debt financing arranged by a consortium of 10 banks. Under terms of the agreement, Caesars shareholders will receive $31 in cash for each outstanding share, which represents a 49 percent premium to the company’s unaffected stock price on Feb. 25 (the last trading day before rumors of a potential transaction were reported) — $20.77 per share. Upon completion of the transaction, shares of Caesars Entertainment common stock will no longer be listed on the NASDAQ stock exchange. Caesars operates several major Las Vegas Strip properties, such as Caesars Palace, Harrah’s, Paris Las Vegas, Planet Hollywood, Horseshoe, The LINQ Hotel, Flamingo and The Cromwell. Fertitta Entertainment owns Golden Nugget Hotels & Casinos and operates more than 450 full-service restaurants around the world, including Landry’s, Rainforest Café and Morton’s. According to the press releases issued by both companies,…

May 29 • 7:48 AM EDT • Entertainment • rebusinessonline.com

Frederik Andersen Sets Franchise Record for Shutouts After Hurricanes' Game 4 Win

The Carolina Hurricanes are humming so far during the 2026 NHL playoffs. After a 4-0 Game 4 victory over the Montreal Canadiens in the Eastern Conference finals, Carolina is ahead 3-1 in the series. Teammate Brandon Bussi saw more action in net for the Canes this season, with the first-year pro posting a 31-6-2 record, a 2.47 goals-against average and a .895 save percentage in 39 games.

May 28 • 12:15 AM EDT • Sports • sports.yahoo.com

Health insurers again propose double-digit premium increases

Insurers in the merged market, where many individuals and small businesses get coverage, have proposed an average rate hike of 12.9 percent for 2027, according to plans posted online by the Division of Insurance.

May 27 • 3:44 PM EDT • Health • bostonglobe.com

Sony is offering up to 50 percent off some of our favorite PS5 games

Including the excellent Ghost of Yōtei.

May 27 • 12:41 PM EDT • Technology • theverge.com