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Walmart just launched six new Android 16 tablets starting at $97, and they look shockingly decent [Gallery]
Walmart is not the first brand anyone thinks of when it comes to Android tablets, but the retailer’s Onn brand...
NYU and NYC DOT Team Up on New E-Bike Health Study
In celebration of Bike Month, NYU and DOT launch study to explore heart health and cycling infrastructure
Qualcomm confirms a Snapdragon-powered Googlebook will launch this fall
For months, we have been closely tracking the development of new Qualcomm processors in the Chromium Gerrit, but it wasn't entirely clear when we would actually see them hit the market. With...
Yakima Symphony Orchestra launches summer chamber series
The Yakima Symphony Orchestra will take Beethoven beyond the concert hall this summer with a new chamber music series featuring performances at libraries, wineries and community spaces across the Yakima
Business News: Royal Pop Sales Resume After Launch Rush For Audemars Piguet X Swatch Collaboration Forced Store Closures
This weekend's Royal Pop launch ends in disappointment and frustration at more than a dozen Swatch boutiques globally.
Supercharging Connectivity: Brightspeed Business Launches New 5 Gig Fiber
/PRNewswire/ -- Brightspeed, the nation's third-largest fiber builder empowering consumers and businesses with multi-gig-speed connectivity, announced the...
Apple Watch Ultra 4 getting two major new upgrades, per report
A new report from Digitimes highlights two major upgrades coming with Apple Watch Ultra 4 when it launches this fall.
Sony's 10th Anniversary 'Collexion' Over-Ear Headphones Leaked
Sony's latest noise-canceling headphones have been leaked. Images of the 10th anniversary models, called 1000X "The Collexion" Edition, were shared online today by OnLeaks. They're expected to launch tomorrow, coming just a year after the company's WH-1000XM6 series. From what we can tell based on the leaked materials, the changes are largely design-based.
A Look At AMC Entertainment (AMC) Valuation After Analyst Upgrade And Arena One Concert Launch
AMC Entertainment Holdings (AMC) is back in focus after an analyst upgrade linked to improving box office conditions, along with management comments on a lower revenue bar for free cash flow breakeven and the new Arena One at AMC concert format. See our latest analysis for AMC Entertainment Holdings. At a share price of $1.28, AMC has seen pressure recently, with the 7 day share price return down 9.22% and the 30 day share price return down 31.18%, while the 1 year total shareholder return is...
ServiceNow Stock Has Been Battered By AI Disruption Worries. These Experts Think AI Will Actually Boost Its Business
ServiceNow shares rallied Monday after Bank of America analysts relaunched coverage of the enterprise software maker with a bullish rating.
Subnautica 2 Dev Gives Players Hope Amid the Game's First Hot Topic Following Launch
Fresh from its huge early access launch, underwater survival and crafting adventure game Subnautica 2 has sparked a significant debate among fans: to kill or not to kill the fish.
Illinois Wesleyan to Launch Interdisciplinary Undergraduate Quantum Science and Engineering Program
Illinois Wesleyan University announced the creation of the Fisher Center for Interdisciplinary Quantum Science & Engineering.
Forza Horizon 6 'New Zealand' Trick Is Going Viral For The Full Xbox Launch
Yes, it'll be playable early on XGP via New Zealand
Creating What's Next: ASUN and UAC Partner to Launch Unisun Sports
The Atlantic Sun Conference (ASUN) and the United Athletic Conference (UAC) have announced the formation of Unisun Sports, a groundbreaking joint venture built to support the strategic alliance between both conferences that reflects a shared commitment to creating what’s next in collegiate athletics through strength and innovation.
Galaxy S27 Ultra May Finally Address Battery Complaints, As A Design Change And Specifications Upgrade Are In Tow
Samsung could finally address the battery life concerns with the Galaxy S27 Ultra launch, as a new design and upgrade are expected to happen next year
I was laid off then founded a business with 27 AI agent employees
After being laid off from eBay, Linara Bozieva launched an AI-powered marketing agency which she runs with 27 custom AI agents.
Puzzle game Namco Legendary Mountains announced for Nintendo Switch 2, and Switch
BeXide has announced Namco Legendary Mountains for the Nintendo Switch, and the Nintendo Switch 2. The title is planned for launch this summer, with an exact release date not yet provided. Namco Legendary Mountains is similar to titles like 2048 and Suika Game in which you combine icons to create bigger ones. The twist however, is that it takes place...
Earnings & Insights: WWD Launches Hub for Fashion Business Analysis
WWD's new Earnings & Insights hub offers in-depth analysis, CEO interviews, and the latest financial updates in fashion, beauty, and retail sectors.
Cambridge Science Park launches £3bn expansion plan
Hub for scientific and tech innovation aims to triple in size over next 30 years
BeXide announces 3D puzzle game NAMCO LEGENDARY Mountains for Switch 2, Switch, and PC
BeXide, in cooperation with Bandai Namco, has announced 3D puzzle game NAMCO LEGENDARY Mountains for Switch 2, Switch, and PC (Steam). It will launch this summer. A demo will be playable at BitSumm…
Demon Slayer: Kimetsu no Yaiba – The Hinokami Chronicles 2 DLC character Doma launches May 28
Demon Slayer: Kimetsu no Yaiba – The Hinokami Chronicles 2 downloadable content character Doma will launch on May 28, publisher Aniplex and developer CyberConnect2 announced.
Illinois Wesleyan University to launch first-of-its-kind interdisciplinary undergraduate Quantum Science, engineering program
BLOOMINGTON – Illinois Wesleyan University today announced the creation of the Fisher Center for Interdisciplinary Quantum Science & Engineering, a first-of-its-kind undergraduate program that brings together multiple areas of study to better prepare students for careers in this emerging field. The Fisher Quantum Center will make Illinois Wesleyan the first undergraduate liberal arts university in…
TEEMA global science park plan takes shape with Mexico leading
The Taiwan Electrical and Electronic Manufacturers' Association (TEEMA) is moving ahead with its global science park strategy, and Mexico's Sonora has emerged as the leading candidate for an early launch, TEEMA chairman Young Liu said before the group's 27th general assembly on May 15, 2026. Liu said Sonora has the strongest chance of becoming the first site because talks began earliest there and field inspections have already been carried out three times, putting it well ahead of other candidate locations.
Caesars Entertainment and Las Vegas nonprofit launch new food donation program
A major Strip casino operator is partnering with a local nonprofit to combat food insecurity in Southern Nevada. Caesars Entertainment has launched a new partne
Houston entrepreneurs create sports drink centered on wellness and performance
Two Houston entrepreneurs launch Noolyte, a sports drink combining hydration, clean energy, and mental focus, aiming to compete with top industry names.
Greensboro launches small business opportunity program
The city of Greensboro has launched a new program benefitting small businesses in Guilford, Rockingham and Randolph counties.
Greensboro launches small business opportunity program
The city of Greensboro has launched a new program benefitting small businesses in Guilford, Rockingham and Randolph counties.
Israeli private equity firm David Group launches to invest in mature businesses
David Group, founded by Stella Cohen and chaired by former Goldman Sachs partner Raanan Agus, will focus on financial services, defense, industrials, and tech-enabled business services.
First iPhone 18 Pro and iPhone 18 Pro Max cases revealed; might not fit iPhone 17 Pro
The first leaked iPhone 18 Pro and Pro Max cases reveal a design similar to the iPhone 17 Pro, featuring a large camera island and MagSafe. Expectations for the September 2026 launch include a 48MP variable aperture camera, and a new Dark Cherry color.
Juufuutei Raden’s Guide for Pixel Museum DLC ‘Hakone Travelogue’ announced
Jupiter Corporation has announced pixel puzzle game Juufuutei Raden’s Guide for Pixel Museum downloadable content “Hakone Travelogue.” It will launch in December.
Once a darling of the GOP’s ‘Never Trump’ wing, this Republican decided he’s done
Former Maryland Gov. Larry Hogan (R) is launching a leadership institute at Washington College and says he's done with seeking political office.
GTA 6 Pre-Orders Are Not Opening Monday and Review Copies Won’t Be Sent to Press, According to Insiders
GTA 6 pre-orders are not expected to open on Monday, and review copies won't be sent to press ahead of launch, according to insiders.
Gamble of all-inclusive deal paid off for this downtown Las Vegas hotel-casino
Here’s why a downtown hotel-casino listened to public sentiment and launched an all-inclusive package in Las Vegas.
Iko Uwais, Joe Taslim Lead Indonesian Action Slate at Cannes Market
K-Movie Entertainment launches 'Pendekar: Warrior' and an Indonesian 'Man From Nowhere' remake at the Cannes Film Market.
China launches new war on deserts with technology tested on far side of the moon
Projects meant to help Xinjiang region build ecological barrier to protect its arable land from erosion and desertification.
Kennesaw State to launch bachelor of science in fintech
Kennesaw State University will be the first Georgia institution to offer both undergraduate and graduate degrees in the fintech field with approval of a new bachelor of science in financial
Derek Candelore Introduces The Service Blueprint Program to Support Home Service Business Growth
PITTSBURGH, PA / ACCESS Newswire / May 16, 2026 /Derek Candelore has announced the launch of The Service Blueprint, a structured business development program designed to address common operational and scaling challenges faced by home service companies. ...
Is AMC Entertainment (AMC) Quietly Recasting Its Premium Content Strategy With Arena One Concerts?
Arena One and AMC Theatres recently launched “Arena One at AMC,” a nationwide, real-time interactive concert format bringing artists like Bebe Rexha, Paris Hilton, Kim Petras, and Maren Morris to more than 300 U.S. locations, while AMC also reported first-quarter 2026 revenue of US$1.05 billion and a reduced net loss of US$117.1 million. This combination of an immersive live-concert product and year-on-year improvement in quarterly results highlights AMC’s efforts to broaden content...
Care Out Loud launches in Jacksonville with mental health awareness event
A new mental health coalition in Onslow County held its first event in Jacksonville, connecting hundreds of residents with local mental health and substance abuse resources.
5 Must-Read Analyst Questions From Flutter Entertainment’s Q1 Earnings Call
Flutter Entertainment’s first quarter saw revenue and non-GAAP profitability surpass Wall Street’s expectations, but operating margin declined sharply year-over-year. Management attributed this performance to continued momentum in international markets, especially Italy and the UK, and the rollout of new sportsbook and iGaming features in the U.S. CEO Peter Jackson highlighted the launch of FanDuel’s new loyalty and generosity programs and noted that product enhancements, such as early win promo
Perseverance Checks In From Mars With A Selfie, The Mounting Pollution From Satellite Launches, And More Science Stories
This week’s science news.
Verizon adds generous offers for customers after price increase
Verizon has launched new offers after a price hike to appeal to budget-conscious customers.
Subnautica 2 Xbox players could eventually test new features early like Steam players
Unknown Worlds would love for Xbox players to test Subnautica 2 updates before they launch
Supercool Brings Fortune 500 Video Ads to Small Businesses
Famous Labs' creative AI platform has released a new video production feature that allows small business owners to create professional video ads without a crew, a director, or editing software.Miami, FL, May 16, 2026 (GLOBE NEWSWIRE) -- Supercool, a creative AI platform developed by Famous Labs, has announced the launch of Advanced Movie Maker, a new feature that allows small business owners to produce cinematic video ads by simply describing what they want. No production crew. No studio. No edi
North Dakota launches initiative focused on suicide prevention support and training for rural healthcare providers | Health and Human Services North Dakota
North Dakota is launching a new rural healthcare suicide prevention initiative aimed at strengthening follow-up care and closing critical gaps after suicide risk is identified. The effort follows recommendations from the North Dakota Suicide Fatality Review Commission and supports the Zero Suicide framework across rural and tribal healthcare systems.The initiative will support rural and tribal healthcare providers in implementing standardized suicide risk screening, follow-up care after suicide attempts and improved referral pathways into mental health and behavioral healthcare services.
Forza Horizon 6 Advanced Access Kicks Off With Over 170,000 Concurrent Players
Forza Horizon 6 officially launches on May 19, but advanced access for buyers of the $119.99 Premium Edition kicked off on May 15, and it appears as though, despite a recent leak of the game ahead of the official launch, gamers have come out in droves to play the new open-world racing game. On Steam...
San Antonio Metro Health, H-E-B relaunch insulin financial assistance program
San Antonio Metropolitan Health District and H-E-B will cover $100 per prescription, including refills, under its relaunched Diabetes Insulin Assistance Program to those who need financial assistance.
NASA Science, Cargo Launch on 34th SpaceX Resupply Mission to Station
The 34th SpaceX commercial resupply mission under contract with NASA is headed to the International Space Station with new scientific experiments after
Google Health Premium vs. Basic Features Comparison
The launch of Google Health, its new app, and the Fitbit Air is around the corner. In fact, for many of you, the new Google Health app should start showing up on your phones as an update as early...
Viltrox 75mm f/1.8 EVO for Fujifilm X – Additional Images and Shipping in June
Last month we reported about Viltrox launching two new autofocus lenses for Fujifilm X mount. Viltrox 75mm f/1.8 EVO Viltrox 90mm f/2.2 EVO While we now a lot about the Viltrox AF 90mm f/2.2 EVO, since it is listed at Amazon here with all specs and images, we knew little about the Viltrox AF 75mm…
2026 Student Ads - Launch Family Entertainment Center-Ann Arbor - The Sun Times News
The Sun Times News thanks Launch Family Entertainment Center-Ann Arbor for sponsoring the 2026 Student Ads event. See all the ads for Launch Family Entertainment Center-Ann Arbor!
I dropped out of Wharton to start a padel club
Abigail McCulloch left Wharton to launch a padel club, investing most of her savings into the fast-growing business.
Sutter, Santa Clara Launch New Medical School
Sutter Health and Santa Clara University to Launch the Mark & Mary Stevens School of Medicine Funded in part by a $175 million gift from Mark and Mary Stevens, it will be the first new medical school in the San Francisco Bay Area in more than a century. SANTA CLARA, Calif. — Sutter Health and […]
Dragon Nears Launch as Crew Works Biomedical Science and Spacewalk Preps
A SpaceX Falcon 9 rocket, with a cargo-packed Dragon spacecraft atop, stands ready to launch to the International Space Station at 6:05 p.m. EDT today, weather permitting, from Launch Complex 40 at Cape Canaveral Space Force Station in Florida.
San Antonio Metro Health, H-E-B relaunch insulin assistance program for residents
SAN ANTONIO - San Antonio-area residents who are struggling to afford insulin may be able to get help starting today.San Antonio Metro Health and H-E-B are re-l
Live Coverage: SpaceX makes another attempt to launch space station cargo mission
Liftoff of the resupply mission, atop a Falcon 9 rocket from Space Launch Complex 40 at Cape Canaveral Space Force Station is scheduled for 6:05 p.m. EDT (2205 UTC). The Cargo Dragon is loaded with 6,500 pounds of science and supplies for the space station.
Virginia Launches “Beyond the Blues” Campaign to Raise Awareness of Perinatal and Postpartum Depression - Virginia Department of Health
IMMEDIATE RELEASE – May 15, 2026 VDH Media Contact: Cheryle Rodriguez cheryle.rodriguez@vdh.virginia.gov DBHDS Media Contact: Lauren Cunningham, lauren.cunningham@dbhds.virginia.gov Virginia Launches “Beyond the Blues” Campaign to Raise Awareness of Perinatal and Postpartum Depression Campaign helps Virginians recognize emotional changes earlier, reduce stigma and connect parents and families to support. (RICHMOND, Va.) — In honor of Maternal Mental Health Month in […]
Virginia Launches “Beyond the Blues” Campaign to Raise Awareness of Perinatal and Postpartum Depression
IMMEDIATE RELEASE – May 15, 2026 VDH Media Contact: Cheryle Rodriguez cheryle.rodriguez@vdh.virginia.gov DBHDS Media Contact: Lauren Cunningham, lauren.cunningham@dbhds.virginia.gov Virginia Launches “Beyond the Blues” Campaign to Raise Awareness of Perinatal and Postpartum Depression Campaign helps Virginians recognize emotional changes earlier, reduce stigma and connect parents and families to support. (RICHMOND, Va.) — In honor of Maternal Mental Health Month in […]
City Launches Diabetes Insulin Assistance Program with H-E-B
The San Antonio Metropolitan Health District and H-E-B are relaunching the Diabetes Insulin Assistance Program beginning May 15, 2026, to help residents manage the cost of life-saving diabetes medication.
ASUS Announces ROG Strix SCAR 18, Featuring 240Hz Mini LED Display With ROG Nebula ELMB
ASUS launches ROG SCAR 18 gaming laptop with RTX 5090 and first 240 Hz Mini LED display, starting above $4000
ASUS Reinvents Its 2006 Crosshair Motherboard For ROG’s 20th Anniversary, Wrapping AM5 And X870E In Full Copper Retro Glory
ASUS celebrates its 20th ROG Anniversary in style with the launch of the ROG Crosshair 2006 motherboard, featuring modern X870E & AM5 specs.
Nicky Weinstock & Andrea Bucko Partner On Sweetheart Entertainment
Producers Nicky Weinstock and Andrea Bucko have partnered to launch a new production outfit that will be known as Sweetheart Entertainment.
Nicky Weinstock & Andrea Bucko Partner On New Production Outfit Sweetheart Entertainment
Producers Nicky Weinstock and Andrea Bucko have partnered to launch a new production outfit that will be known as Sweetheart Entertainment. The company launches at Cannes as both Weinstock and Bucko h...
Chartbook 449: Voldemort on Threadneedle street. The Bank of England and the "haunted house" of English politics.
Imagine the scene: In some Harry Potter version of 21st-century London, a group of deathless UK Treasury officials gathered from across the last century huddle over warm pints and glasses of Chardonnay. Around the table there are officials from the 1920s, the 1930s, the 1970s, 2022 and today. Inevitably, in May 2026, the subject of conversation is the disintegration of the current Labour government. Despite its huge majority in parliament, it has been reduced to tatters by catastrophic local election result. These exposed the fact that rather than having a government with a clear popular majority, the UK is like most other modern societies divided into 5 segments each of which commands between 26 and 16 percent of the vote. Perhaps unsurprisingly, the leadership at Nos 10 and 11 Downing Street - where the Prime Minister and the Chancellor (Treasury Secretary) work - seem paralyzed. They are caught between mounting discontent over unfairness and the cost of living, and tough fiscal strictures that push them into making unpopular spending decisions. In the London pub, the Treasury officials from across the ages, can barely hide their satisfaction at the latest display of democratic politics caught in the vice-grip of financial logic. “Remember the mur d’argent and the banker’s ramp?” “Just like yesterday!” There are smirks around the table. Then the representative of 2026 pipes up: “One thing you have to say about the current lot (referring to the latest hapless Labour government), you don’t have to teach them about the bond market!” There is a murmur of ascent from the Treasury Mandarins. The trauma of the fiscal crisis of September-October 2022 sits deep. Back then, in the final stages of Tory decay, a ‘mini budget’ that challenged fiscal orthodoxy led to a brief but fierce panic in one of the oldest government bond markets in the world (aka gilt market). Now all you have to do is to mention the “bond market” to hush debate. [ Paul Mason@paulmasonnews In the name of public service, and as ex-economics editor of BBC Newsnight, I offer to do a zoom call, tonight, with any Labour MP who wants to understand why bond markets do not "fall into line" with governments. 1/ 3:57 PM · May 12, 2026 · 466K Views 224 Replies · 674 Reposts · 3.93K Likes ](https://x.com/paulmasonnews/status/2054229532404519082?s=20) “And the funny thing is”, the young man in the huddle continues, “they don’t even want to talk about … ”. There is a sudden hush. Significant looks are exchanged around the table. About? One of the senior figures puts down his glass with a decisive “clink”. He-Who-Must-Not-Be-Named has entered their thoughts. Meanwhile, a few miles away in a grubby pub in Bloomsbury, two conspirators from the camp of Critical Macrofinance huddle over cans of low-alcohol IPA. They look at each other and blurt out loud: “The Bank!” “Everyone in the bloody Labour party is talking about the bond market. But why aren’t they even mentioning … the Bank of England!?” “Why is no one talking about Voldemort?” In Paul Mason’s blogpost, after much chest-thumping about basic fiscal logic, the basic point about the Bank of England is buried in the fine print at #3 in his list of suggestions as to what a radical Labour government might actually be able to do! [ Conflict & Democracy Down with the bond market! Down with gravity! It may seem unfair to focus on Labour MP Paula Barker for her off-the-cuff assertion that the bond market would have to “fall in line” with Andy Burnham, should he replace Keir Starmer as prime minister. But Burnham himself told the New Statesman that Labour had to “get beyond this thing of being in hock to the bond markets… Read more 2 days ago · 100 likes · 3 comments · Paul Mason ](https://htsf.substack.com/p/down-with-the-bond-market-down-with?utm_source=substack&utm_campaign=post_embed&utm_medium=web) Back in Bloomsbury they shake their heads and ask: “Didn’t we learn anything from the Eurozone crisis?” Meanwhile, as if summoned to the conversation by some higher force, the “pink pages” announce: “The days of ultra-cheap government borrowing have come to an end” and Martin “Whizzard” Wolf publishes the graph of the season Look at the UK in 2026, perilously positioned on the upper edge of the pack. No wonder no one in London needs any lessons about the “bond market”. But, look again. Imagine how they feel in Rome. What is London’s nightmare in 2026? The nightmare is that you end up like Italy in the early 2010s during the Eurozone crisis. Once comfortably situated in the middle of the pack, watching with horror as your ten-year yields explode to 7 percent and “spreads” become a national nightmare. One of the largest economies in Europe, a founding member of the euro, stigmatized. But the message of the Italian experience is ambiguous. After all, the stigma didn’t last. In 2026, Italy borrows at rates lower not only than the UK but the US. The US, which, as everyone knows, enjoys the “exorbitant privilege” of being the issuer of reserve, safe asets. What kind of magic is this? How did Italy, in the space of fifteen years, go from being good, to bad and back again? Which brings us back to our dissident friends in their Bloombury boozer and their memories of the Eurozone crisis. Italy never was Britain - with its ongoing fiscal deficits. Without interest payments, on primary balance, from 2000 to 2020 Italy ran a tight fiscal ship. Even in 2008 it barely went into deficit and when it was being put on the rack in the early 20210s its primary surplus matched that of austere Germany. So, what happened? How did it end up stigmatized? Of course Italian politics didn’t help. Berlusconi was at the helm and he had legal issues. But amongst friends in the Bloomsbury pub, Berlusconi is a sideshow, the name we whisper to each other is “Trichet”. From 2004 to 2011 the ECB was headed by Jean-Claude Trichet, ex of the French Treasury, more German than the Germans. After 2009 as the news of the Greek fiscal disaster broke, the European bond markets wento into panic mode and Trichet began a brutal game of cat and mouse. Between 2009 and 2011, Trichet intervened in the bond market to help, only when he thought he had compliance with austerity. When he thought they were uncooperative, he withdrew. In the summer of 2011, he even made direct suggestions to his Italian counterparts in Rome, as to how Italy should be governed. It was this cat and mouse game that drove the bond markets crazy and exposed Italy to a violent squeeze. When Mario Draghi took over the ECB at the end of 2011 and declared “whatever it takes”, the pressure on Italy, gradually eased. It is that starring role that has made Draghi into the towering figure in European politics that he remains today. So now you see why voices in London hush when it comes to the Bank of England. “The bond market” isn’t an irresistible objective force like the weather or an avalanche. It can appear like that. But that depends on the way it is being handled, or not handled by the central bank. Which is why the silence about the Bank of England in London right now is so significant. If you think this all sounds a bit fishy, coming from a left-liberal Keynesian like myself, well, let me introduce you to Robin Brooks, who, to put it mildly, plays on a different quidditch team to me. Here, from the position of a fiscal hawk is Robin’s celebratory account of the Bank of England’s role since 2022; In October 2022, at the height of the bond market blow-up in the UK, something incredible happened. Governor Andrew Bailey told British pension funds the Bank of England would end its support program for the country’s fragile gilt market, drawing a line under how much help the central bank was willing to give to exposed pension funds and - implicitly - the government. By the end of that week, Kwasi Kwarteng - the finance minister - had resigned. Prime Minister Liz Truss would soon follow. This episode is so incredible because it contrasts with what happened in the Euro zone earlier that year. Bond markets in Spain and Italy were under pressure amid high inflation and rising interest rates. In the middle of this, Mario Draghi - Italy’s Prime Minister - resigned, compounding pressure on bond markets of high-debt countries on the Euro periphery. Unlike the Bank of England, the ECB caved. It bought Italian and Spanish government bonds in an effort to cap yields and introduced a new tool that signaled to markets it might do such caps more frequently going forward. Faced with pressure on bond markets, the ECB capitulated to political pressure from high-debt countries like Italy and Spain. The Bank of England stood its ground and toppled the Truss government. This kind of thing has long-lasting consequences. It means markets price a higher probability of yield caps in the Euro zone, which keeps Italian and Spanish yields artificially low, while markets feel free to push up UK yields without fear of central bank intervention. As I flagged in yesterday’s post, this means you really can’t compare UK yields to those of other high-debt countries. The UK looks worse, but only because its central bank isn’t interfering with markets. There’s more to this than just that 2022 episode. The Bank of England has also been much more aggressive in its quantitative tightening (QT) than other central banks. If one motivation for quantitative easing (QE) is to lower bond yields - especially longer-dated ones - then it stands to reason QT pushes yields up. The left chart above shows a four-quarter moving average of UK government debt issuance (black line) in percent of GDP and which sectors absorb this issuance, including the Bank of England (blue bars). The right chart above compares the Bank of England’s accumulation or run-off of government bonds (blue line) with that of other central banks, where this blue line is the same as the blue bars in the left chart. The Bank of England was quicker and more aggressive than other central banks in downsizing its bond holdings, so UK yields will have risen more than elsewhere also for this reason, not just because of Governor Andrew Bailey’s remarks in October 2022. Back in October 2025, after a conversation in New York with friends in British politics, my sense of dysphoria was such that I raised the issue of the Bank of England openly in the FT Since 2008, the UK has slid into a deep economic and political predicament. Growth has stagnated to a degree far worse even than in the 1970s. The Tory leadership’s wager on the Brexit referendum spectacularly backfired, leaving the UK isolated from Europe and at the mercy of its special relationship with the US, many of whose political class regard the UK as a basket case. After years of austerity, the Labour party lurched to the left and then back to the centre. The Tory party has been eclipsed by the populist nationalism of Reform. Any British government should be worrying first and foremost about how to restart growth. Instead, Keir Starmer is beset by shades of the gilt market panic triggered by the Liz Truss government in 2022. The debt level is higher than in recent years, but there is no cause for panic. UK debt is at far from critical levels and of long duration. Whether you want to “take back control” or launch progressive economic policy, a democracy dogged by fear of bond market vigilantes is unhealthy. In a country that is a monetary sovereign, this climate points to one thing: a disconnect between the government and the central bank. Since 1997, the independence of the Bank of England has become a sacred cow. But independence is what you make of it. And in the wake of the gilt market crisis of September 2022, relations between the Bank of England and the UK government need a reset. In normal times, there is no doubt that an inflation-targeting independent central bank can serve a country well. But since 2008, the UK and other advanced economies have not had the luxury of such simple problems. To their credit, central bankers around the world have not stood on orthodoxy. After 2008, the US Federal Reserve rescued the global banking system and, through quantitative easing, it stabilised the Treasury market in the face of huge deficits. In Europe, things were trickier. Both the Bank of England under Mervyn King and Jean-Claude Trichet’s European Central Bank played cat and mouse with national governments. This was a high stakes wager that between 2010 and 2012 escalated bond market tension and triggered a disastrous turn to austerity. Shaken by the impact of those shocks, their successors, Mark Carney and Mario Draghi adopted a more protective stance (assuming you were not the government of Greece). Recall that Draghi’s legendary slogan, “Whatever it takes”, was uttered to face down the City of London’s bond vigilantes. In 2015, Draghi launched QE — financial repression by another name. In 2016, Carney used the authority of the Bank of England to stabilise markets following the vote for Brexit, an exemplary demonstration of how central banks can underpin democratic choice, even when those choices are wrong headed. All these were independent central bankers steeped in the best practice of the 1990s, who recognised that historic crises demanded radical action. It was the price surge of 2021-2023 that poisoned the atmosphere. Though the shock came mainly from the supply side, central banks ended up in the dock. Nowhere more so than in the UK. The Bank of England reacted with aggressive normalisation. Faced with a cost of living crisis, the governor called for workers to accept real wage cuts. In early 2022, as gas prices were at record levels and Russia’s army was poised to invade Ukraine, the Bank adopted a stringent programme of quantitative tightening, elevating interest rates. When the Truss government got itself in trouble, the Bank took almost a week to come to the rescue. Rather than enacting a charade of normality, it is time to recognise that in 2025 the UK faces a period of historic transition. To meet this challenge, what is needed is a new concordat with the Bank. This should not ignore inflationary pressures or the long-run trajectory of debt, but should affirm the priority of reviving investment-led growth. One could follow Donald Trump in demanding interest rate cuts. The Bank could shadow the ECB in its commitment to capping Eurozone yields. But the top priority should be to lay the ghost of September 2022. The Bank’s slowing of QT last month was a concession. An immediate and complete end would send the right signal. Such a concordat will not by itself restore sanity to politics, solve the housing problem or rebuild the NHS. But it would help to lift the fear of bond market crisis, which is paralysing the effort by democratic politicians to answer the fundamental questions facing the nation. Now, that call for a new concordat between government and Bank of Englands seems more urgent than ever. The problem is that in October 2025, Starmer still had some authority. Today the government is in tatters. And when you are the “under the harrow” - to echo a phrase of Montagu Norman’s from the 1920s - it is the worst possible time to consider institutional change. To make general arguments at a time of crisis can only seem like special pleading rather than a general argument for long-term change. The same, unfortunately, is also true for the other basic institutional reform that Britain urgently needs i.e. the abolition of the out-dated first past the post electoral system and its replacement by a moderated form of proportional representation. And thirdly - whilst we are saying the quiet parts out loud - Britain needs to reopen the question of EU membership. What the local election results of 2026 show is that this remains a key issue. And what they also show is that there is a clear majority that would favor a return. Until these basic features of Britain’s political economy are addressed the country will carry on its politics as though in a haunted house, governed by governments that lack actual majorities, conjuring up false constraints whilst ignoring the real ones. This one is for DG and MI. I love writing the newsletter. If you enjoy it too and fancy buying me a coffee once a month, you know what to do. Click below! Subscribe
Xperia 1 VIII AI photos outrage: Nothing CEO calls out Sony for "engagement farming"
Sony's Xperia 1 VIII launch is facing backlash over its AI Camera Assistant, with critics roasting the flagship phone for its questionable AI image processing. Amid "engagement farming" accusations from Nothing CEO Carl Pei, the key to the controversy might be a marketing misunderstanding.
ASUS ROG NUC 16 (2026) launches with Core Ultra 9 290HX Plus and RTX 5080 Laptop GPU, price over $4000
ASUS ROG NUC 16 adds Arrow Lake Refresh CPU, white model and horizontal performance mode But how in the world did they come up with the price? ASUS has
ASUS announces T1 editions of GeForce RTX 5070 and RTX 5060 Ti cards
ASUS launches T1-themed RTX 5070 and RTX 5060 Ti cards, and you can win them I have no clue what T1 is, nor do I follow League of Legends, but ASUS
KTIV launches Matrix Midwest sports network
Matrix Midwest, a sports network launched by Gray Media, will debut Friday, May 15, on channel 4.7.
Fresno podcaster launches sports rep firm, signs UFC contender
What originally started off as a media brand built on hustle and relationships has now grown into a full-service athlete marketing venture for Central Valley entrepreneur Frank Dalena. Dalena, the founder of the popular podcast
Meta brings virtual writing to everyone with Meta Ray-Ban Display glasses
After launching in early access, the feature is rolling out widely.
Illinois Wesleyan to Launch First-of-its-Kind Interdisciplinary Underg
Illinois Wesleyan University announced the creation of the Fisher Center for Interdisciplinary Quantum Science & Engineering, a first-of-its-kind undergraduate program that brings together multiple ar
UNC Gillings helps grow a global ecosystem for social innovation in health - UNC Gillings School of Global Public Health
May 14, 2026 The new PAHO/WHO Collaborating Center and SIHI-UNC Hub will both support community-engaged, equity-centered health solutions in North Carolina, across the Americas and around the world.
Aspen launches new platform for business licensing, tax filing, STR permitting
The city of Aspen has announced the transition to a new online platform, Localgov, for business licensing, short-term rental permitting and local tax filing beginning June 1.
Google launches a gorgeous new landing page for the upcoming Googlebook
The dust is just beginning to settle from The Android Show and the massive Googlebook announcement, and Google is beginning the work of building hype for the fall hardware launch. If you were...
Is Trump about to launch a war with Cuba?
Washington is ramping up surveillance flights and sanctions on Havana
SBA Launches Small Business Pitch Competition » CBIA
The contest targets companies that demonstrate innovation and have experience leveraging SBA-backed financing tools.
Dragon Targets Friday Launch as Crew Keeps Up Science and Spacewalk Preps
SpaceX CRS-34, the next mission to resupply the International Space Station, is now targeting its launch for no earlier than 6:05 p.m. EDT on Friday, May 15. Meanwhile, the seven-member crew aboard the orbital outpost stayed focused on microgravity research and lab maintenance throughout Thursday.
FOX One and Yahoo Sports team up for new fantasy soccer games
FOX One and Yahoo Sports are teaming up to enhance your 2026 World Cup experience with the launch of two free fantasy games, giving fans a new way to engage with every match of the 48-team tournament.
Moss: The Forgotten Relic announced for PS5, Xbox Series, Switch 2, Switch, and PC
Polyarc has announced Moss: The Forgotten Relic, a fantasy adventure game that combines the stories of the virtual reality-exclusive games Moss and Moss: Book II. It will launch for PlayStation 5, …
U.K. and French Unions Join Forces to Protest Long Hours in Entertainment Industry
Britain's Bectu and sister unions in France have launched a joint campaign to highlight “unsustainable” working hours in the film and TV industries.
U.K. and French Entertainment Unions Join Forces to Protest Long Hours
Britain's Bectu and sister unions in France have launched a joint campaign to highlight “unsustainable” working hours in the film and TV industries.
Hinckley Boat Launch Opens May 16 for 2026 Season
Boaters and anglers will soon have access to the Hinckley Dam and Reservoir as the recreational boat launch and fishing area open for the 2026 season.
Anthropic, Gates Foundation launch $200 million partnership for AI in health, education
Anthropic and the Gates Foundation have pledged $200 million to back artificial intelligence-related public goods and areas including health and education, they said on Thursday.
Anthropic, Gates Foundation launch $200 million partnership for AI in health, education
SAN FRANCISCO, May 14 (Reuters) - Anthropic and the Gates Foundation have pledged $200 million to back artificial intelligence-related public goods and areas including health and education, they said on Thursday. Support from Anthropic's technical staff and usage credits for its Claude AI will account for its half of the financial commitment, while the Bill Gates co-founded Gates Foundation will provide grant funding, program design and expertise, officials told Reuters.
Forbes Unveils Its Inaugural Ranking Of The Top Family Businesses Featuring America’s Biggest Family Companies Driving Jobs, Growth And Generational Success
Forbes unveiled the launch of its newest list, America’s Largest Family Businesses, the definitive ranking of America’s biggest family firms by revenue.
Relic Entertainment Launches <em>Company of Heroes 3: Dare & Destroy</em> Battlegroup DLC
'Dare & Destroy' Battlegroup DLC now launched on Steam, each faction gets one.
Wellcome and Nature launch $1m global mental health science prize
Prize to highlight work with the potential to change people’s lives, to have an impact on policy and strengthen practice globally
Mastercard and U.S. Bank’s New Amazon Business Credit Cards
Dominant retail giant Amazon has launched a new Prime Businfess Card issued by U.S. Bank and Mastercard that offer shoppers rewards and flexible finance
UK opens antitrust probe into Microsoft's business software
Britain on Thursday launched an antitrust investigation into Microsoft's dominance in business software that could lead to targeted action if the U.S. company is found to have "strategic market status" in the sector.
AI-driven layoffs aren’t making business sense
Most large enterprises lay off workers after launching AI projects, but industry research says job cuts have no correlation to return on AI investment. Experts offer better routes to ROI.
World’s largest global prize for mental health science launches
A new scientific prize, the Wellcome Prize for Mental Health Science with Nature, will celebrate breakthrough interventions for depression, anxiety and psychosis.
CVS Health® and WGU launch online pre-pharmacy degree program for future pharmacists nationwide
New program helps reduce financial barriers to higher education while building a stronger, more robust pharmacy workforce
Commission votes to launch Genesee County sports planning group
Genesee County leaders are looking at sports tourism as more than entertainment — commissioners say it could become a long-term strategy to bring new money and new visitors into the area.
Q&A: Energizing entrepreneurship; students launch energy drink business
What was your process in creating and designing these drinks? We started with Bernardo Vargas, my friend and co-founder. A year and a half ago we both went to the Ecuadorian Amazon. I am from Ecuador, and he came with me. He tried Guayusa which is a plant in the Ecuadorian Amazon.
Downtown Businesses on the Move, Plus More Retail & Restaurant News
Several downtown Traverse City businesses are on the move – including swapping locations, preparing for summer relaunches, or getting ready to open their doors for the first time. The Ticker has the latest on those and other restaurant and retail updates from across the region. Downtown MovesThe recent sale of the building at 122 Cass Street …
Aspen Science Center interns level up community education
In autumn 2025, the Aspen Science Center (ASC) launched a new program, Community STEM Leaders Interns (CSLI), to supplement its long-standing Summer
House launches bipartisan push to combat sexual misconduct in Congress
House Speaker Mike Johnson and Minority Leader Hakeem Jeffries are announcing a task force “to make Congress a safer work environment” following several high-profile cases.
Ford stock surges 13% on investor optimism for new energy storage business
Investor support for Ford Motor's energy storage business sent its stock soaring 13% Wednesday, the biggest single-day increase in about six years, following a note from Morgan Stanley highlighting details released by the company on Monday. Ford announced its wholly-owned energy subsidiary late last year, and it is being directed by Lisa Drake, who has been a key leader in the company's efforts around electric vehicles. • After a $19.5 billion writedown on its EV programs in December, Ford announced it would launch an energy storage business, utilizing plant space in Kentucky that was previously meant to produce batteries for electric vehicles.
J&J launches Shockwave Medical’s next-generation coronary IVL catheter
The Shockwave C2 Aero Coronary IVL Catheter is based on years of user feedback. For example, it was built with improved deliverability and repositioning capabilities in mind.