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Scientists Discovered Remains of the Earliest Animals on Earth. They May Have Made a Big Mistake.
They looked like traces left behind by tiny creatures, but were most likely microbes.
Lake Stevens dual-sports star was destined for college baseball. Then last fall happened
Lake Stevens' Blake Moser always expected to play baseball in college, but a big junior season as the Vikings' quarterback suddenly has college football coaches taking notice.
African American Cultural Fair returns Wednesday with a few big changes; a tribute event for Ty Gant
Reservoir Park will transform this week from a blank canvas to a cultural fair and carnival that celebrates Black and African American cultures in Lancaster.
Taking a temperature check on bee health
Reporter Abigail Saxe speaks with Gerald Posner of Swaying Daisies Honeybee Farm about colony die off and how to keep bees alive.
Three Big Political Story Lines to Watch This Week
Plus, President Trump widened his diplomatic sights, seeking an agreement to normalize relations between Israel and the broader Middle East, in addition to an Iran deal.
We’re living in the ‘premium economy’ economy
The biggest economic buzzword of the last few years is “K-shaped.”
AI Agents Plunged the Tech World Into Chaos. Here’s Exactly How That Happened
The definitive story of how Claude Code and OpenClaw kicked off computing’s biggest transformation possibly ever.
Sporticast: What’s Up With the French Open Fashion Friction?
On the 555th Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including some simmering tension between tennis’ biggest tournaments and fashion brands like Gucci and Louis Vuitton. Tennis players have long been attractive endorsers for luxury brands—the sport’s clientele, locations and vibes all align—and …
Redistricting threats prompt big donations to MS Democratic Party
When Gov. Tate Reeves began to publicly weigh redistricting this year, political donors and committees across the country took notice.
Ohio Gov. DeWine talks endorsing Ramaswamy, why legalizing sports betting is his 'biggest mistake'
Ohio Gov. Mike DeWine reflected on his time in office, shared plans for his post-politics life and touched briefly on the current governor’s race during a recent forum.
Morning Sports: May 26, 2026
Sheridan County HS Track and Field: Sheridan County High School Track and Field teams brought home 4 trophies, 3 of which said state champions this past weekend. The Sheridan boys 3-peated in Class 4A and made it 5 of the last 6. The Big Horn boys 4-peated in Class 2A, while the Big Horn girls […]
'As big a shambles as it is possible to imagine'
Now the curtain has come down on the 2025-26 Premier League campaign, here is my end-of-season review - with a look back to what I predicted in August. The job proved too much for Thomas Frank, who found the expectations and dysfunction of Tottenham a sharp contrast to the stability of Brentford. Just when you thought it could not get worse, matters hit a new low with the bizarre appointment of Igor Tudor, an arrival that posed serious questions of CEO Vinai Venkatesham and sporting director Johan Lange.
Evo 2026 near-final registration leaderboard revealed with one surprising title shooting up the ranks
Evo 2026 is right around the corner with more mainstage titles than usual this year, and everything is almost locked into place now.The organizers for Evo just released the near-final registration leaderboard for the big event right before signups ...
New Twitch suspension draws attention to ambiguous rules
It seems like the list is about to grow when it comes to bodyparts you can't show when streaming Dark Souls III on Twitch.
These 2 Detroit Lions Could Be the Biggest OTA Storylines
Sam LaPorta and Kerby Joseph are the two biggest Lions players to watch as Detroit begins OTAs this week.
Outfit 3 DLC revealed for Ingrid, Sagat, Alex and C. Viper in Street Fighter 6
We're now just a few days away from Street Fighter 6's next big update with Ingrid's release and can now see more of the shiny new toys she's bringing with her.Capcom just revealed the Outfit ...
How a Knoxville native created one of the biggest adult recreational sports leagues in the Southeast
Ty Simpson reveals 'big advantage' being drafted to Rams
The rookie has landed in a great spot.
5 more things to know about 3 hospitals’ $250M case against CVS
Last week hospitals owned by three big health systems filed suit against CVS Health. The trio filed separately, but all accuse the corporation of robbing them of funds they’re owed through the federal 340B drug pricing program.
The Sporting Event Where Everyone Is Doping
Athletes at the Enhanced Games were bigger—but not exactly better.
Memorial Day campaign supports veterans’ mental health
The Big Red Barn Retreat is raising money for its Horses for Mental Health campaign, which provides no-cost equine-assisted programs for veterans and first responders.
Sprinkle list: Tampa Bay lands big bucks for Sheriff’s training facility, African American cultural center
Mental health, affordable housing and advanced metering also landed supplemental funds.
Early June casino shows bring big comedy, rock to Central Valley
From Jim Gaffigan to free concerts, tribal casinos offer packed Memorial Day holiday week and early June entertainment schedules.
Big-name comedy and local rock shows hit Mojave Desert venues
Looking for weekend plans? Casinos and Mojave Desert venues across the region deliver concerts and comedy.
Big Bets Report: Bettor Banks $290k on 6-Leg MLB Parlay
One bettor bagged six figures on a six-leg MLB parlay, while another cashed in on the Knicks' miraculous ECF Game 1 rally. Patrick Everson has the scoop.
What big names are saying about Pope Leo's AI letter
Pope Leo XIV shared his first encyclical on Monday. The writings about AI sparked responses from tech leaders, politicians, and other big names.
UCLA Baseball Earns No. 1 Overall Seed in NCAA Tournament
UCLA baseball went wire-to-wire this season as the No. 1 ranked baseball team in the nation. After winning both the Big Ten regular season title outright and the Big Ten Tournament title, the Bruins earned the No. 1 overall seed in the 2026 NCAA Tournament. The NCAA announced the tournament bracket on Monday. The tournament […] The post UCLA Baseball Earns No. 1 Overall Seed in NCAA Tournament appeared first on LA Sports Report.
Little Big Business Marketplace spotlights ambitious student-led businesses
May is Small Business Month, but today we’re highlighting some of our area’s youngest entrepreneurs who are thinking big! The Little Big Business Marketplace is almost here to showcase …
Report: LittleBigPlanet and Dreams Developer Media Molecule Working on New IP With 'Open-World Content'
The people behind PlayStation's LittleBigPlanet and Dreams are working on their next project, which appears to be an open-world title.
Rams QB Ty Simpson: 'It's a big advantage for me' to learn from Matthew Stafford, Davante Adams
During an interview with Sports Illustrated at the NFLPA Rookie Premiere, Los Angeles Rams rookie quarterback Ty Simpson said "it's a big advantage" for him to learn from Matthew Stafford and wide receiver Davante Adams.
Nats rely on biggest weakness to beat greatest foe
At 27-27, the Washington Nationals are a third of the way through the 2026 season, and the team has to be feeling good about where they are after taking two of three from the division-leading Atlanta Braves. The Nats offense has carried the team for the majority of the year, but the series turned ...
Star Citizen crosses $1 billion in crowdfunding as Chris Roberts eyes version 1.0
Just one year after reaching $800 million in its unrelenting funding spree, Star Citizen has now crossed yet another significant milestone. The overly ambitious space trading and...
Darin Brooks Is Returning to ‘The Bold and the Beautiful’ — With a Special Guest
His character, Wyatt Spencer, is making a big return after a two-and-a-half-year absence.
Darin Brooks Is Returning to ‘The Bold and the Beautiful’ — With a Special Guest
His character, Wyatt Spencer, is making a big return after a two-and-a-half-year absence.
Darin Brooks Is Returning to ‘The Bold and the Beautiful’ — With a Special Guest
His character, Wyatt Spencer, is making a big return after a two-and-a-half-year absence.
The OBBBA Just Made Charitable Giving More Expensive - Business Owners Have Options
The One Big Beautiful Bill Act imposes new floors on charitable deductions beginning in 2026 - for both corporations and their owners.
Will Brian Flores Ever Get Another Head Coaching Job?
Flores subpoenaed a total of 31 teams, Vikings go big on defense, GM finalists revealed, OTAs begin.
Pokémon GO Fest Tokyo 2026: Top Spawns, Shinies & Best Pokémon to Catch (Raid & PvP Guide)
Good day, Pokémon Trainers! Pokémon GO Fest season is upon us and it promises to bring about some big changes to the formula! But this brings up the ever-popular question, What are the best Pokémon to catch? Well, not to worry fellow trainer, I’m here to help narrow the field! But before we get to […]
Why Arsenal can go to the next level
Mikel Arteta has already said he wants "to have the parade with two big trophies" as he sets out to win the Champions League for the first time in Arsenal's history. Arsenal backed Arteta with about £250m of spending last summer as they looked to increase the quality and depth of their squad, and they brought in players like Viktor Gyokeres and Martin Zubimendi, who were categorised as 'win now' signings. Arteta wants to build a legacy of sustained success at Emirates Stadium and once the Champions League final is over, focus will move to tying him down to a new contract.
Business Monday: Maui artist opens Paint Aloha gallery in Waikōloa with classes for all ages
With business struggling on Maui after the Lahaina fires, artist Annabelle Ramil found a new home for herself and her gallery on the Big Island.
Budget conference: State prosecutors, public defense lawyers to get pay bumps and more jobs, but there's a huge disparity
State Attorney Offices are teed up for more jobs and bigger raises, creating a recruitment and retention issue for Public Defenders.
3 big takeaways from Pope Leo's letter on AI
In "Magnifica humanitas," Pope Leo XIV's first encyclical, he warned about job losses, Big Tech's grip on AI, and had a message for developers.
Budget conference: House and Senate strike land deal on USF transfer to New College
The biggest concern for lawmakers to bridge an agreement stemmed from money — not land.
Gordon Monson: A ranking of the 31 most important, most prominent athletes in the state of Utah
From AJ Dybantsa to Zavier Gozo, these are the state’s biggest stars, The Tribune columnist writes.
Chicago has a new largest public company
Big IPOs bring new entrants to this year's ranking.
Semiconductor decoupling. Powell's politics. Industrializing Ogaden. Free trade and the Magna Carta.
Thank you for opening your Chartbook email. Feliks Topolski, 1907-1989 8th Army’s Front, Italy 1944 Semiconductor decoupling Source: FT One thing that Jerome Powell deeply understood is that chairing the Fed under current conditions is a deeply political job. “Powell has successes and mistakes to his name. But he stands out as having thought more carefully about the Fed’s democratic legitimacy than any chair since Paul Volcker,” said Paul Tucker, a former deputy governor at the Bank of England, referring to the Fed chair who successfully fought the great inflation of the 1970s and early 1980s. … While Powell was at the Treasury in the early 1990s, he watched Alan Greenspan build relationships within the government. That convinced Powell he needed to follow the former Fed chair’s lead and spend more time in Congress than his predecessors Yellen and Bernanke. “The accountability for the Fed runs through Congress,” said Claudia Sahm, a former Fed official who is now chief economist at New Century Advisors. “That’s not just about having people on speed dial — it’s answering questions, explaining policy and getting feedback.” Source: FT Ethiopia’s PM Abiy and Nigerian business tycoon, with Chinese engineering, are driving industrialization in Ogaden/Somali region of Ethiopia. - Michael Masri’s reporting for Africa Report if fascinating. Ethiopia has launched a cluster of large industrial schemes in the Somali region, laying foundation stones for a urea plant and an oil refinery in Gode while opening the first two phases of the Ogaden LNG project. Abiy Ahmed framed the push as part of a broader strategy to link energy, agriculture and industry. “These projects embody more than industrial growth,” he said. “They represent our shared responsibility to harness opportunities, strengthen co-operation and promote peace.” The Gode urea plant, backed by Dangote Group and Ethiopian Investment Holdings (EIH), is designed for 3m tonnes a year. Dangote owns 60%, while EIH holds 40%. Officials say Dangote’s equity totals about $2.5bn, while the state provides land and implementation oversight. Gas from the Calub fields will be piped 108km to the site. Construction is slated for 40 months, with operations targeted for 2028. Ethiopia imports most of its fertiliser, spending more than $1.2bn a year for 1.5m–2m tonnes. Usage was roughly 1.7m tonnes in 2023, almost half of it urea, and demand for 2024–25 is put above 2.4m tonnes. If delivered on time, the Gode plant could cover domestic needs and allow exports to neighbours. Brook Taye, chief executive of EIH, called the venture “a significant milestone in the journey toward industrial self-sufficiency”. Dangote told the groundbreaking crowd that the complex would be integrated with gas supply and a polypropylene unit to support local inputs. He pointed to Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), with a capacity of more than 5,000MW, and noted his group’s cement operations and expansion plans. The Gode refinery is being developed by Golden Concord Group of China. It is designed to process 3.5m tonnes a year of crude and condensate from the Hilala field, with associated storage. Backers say it will ease foreign-exchange pressure from fuel imports and anchor further industrial activity, including a proposed steel smelting site in Dire Dawa. GCL’s chair, Zhu Gongshan, cast the project as “a key step in Ethiopia’s path to energy sovereignty”, underscoring the Beijing–Addis ties. Financing details are still being finalised, but the refinery is central to the government’s energy-security narrative. Source: The Africa Report Dangote’s Ethiopian vision: Dangote began with cement. His crown jewel, Dangote Cement, dominates Nigeria’s market and has 10 operations in other nations in Africa. The formula has been consistent: identify sectors with chronic shortages – cement, fertiliser, sugar – commit massive local investments, and scale up to serve regional demand. Ethiopia was a natural extension of that model. In 2015, Dangote launched the Mugher Cement Plant outside Addis Ababa at a cost of $600m, with an annual capacity of 2.5 million tonnes. The investment gave him a firm foothold in one of Africa’s fastest-growing construction markets. But success came with risks. In May 2018, violent unrest led to the killing of Dangote’s country manager and temporary shutdowns at Mugher. While other investors might have retreated, Dangote doubled down. Today, he is preparing to spend $400m to expand Mugher’s capacity to 5 million tonnes, alongside a new grinding unit near Addis Ababa. Cement is just one market Dangote is targeting. Ethiopia’s enormous state-controlled sugar industry, long plagued by inefficiency and debt, has struggled for years to reform. Its Omo Kuraz Sugar Development Project, touted as one of the continent’s largest initiatives, continues to face delays and mismanagement. … The most ambitious venture of all is the planned fertiliser production complex in Gode, Somali region. Publicised on 28 August 2025, the Dangote Group and Ethiopian Investment Holdings (EIH) deal plans one of the world’s largest single-site urea manufacturing plants. The project costs an estimated $2.5bn and has an estimated capacity of 3 million metric tonnes annually, a rate that would not only render Ethiopia independent, but even a net exporter of fertiliser. EIH, the state wealth fund of Ethiopia, will hold 40%, while 60% is held by Dangote Group. … For Dangote, Ethiopia is a trifecta: Cement demand is projected to grow by 10% annually, its sugar consumption is growing with rapid urbanisation, and fertiliser demand is all but insatiable, given that farming supports the livelihood of 70% of Ethiopians. Source: The Africa Report The stakes for Abiy are high: For Addis Ababa, the $4bn fertiliser project in Ethiopia’s Somali region is no longer simply a manufacturing investment. It is increasingly being framed as a strategic state project tied to food sovereignty, import substitution and the government’s broader attempt to build economic resilience under mounting fiscal pressure. “Becoming self-sufficient in food is our main agenda,” Abiy says during the visit. “Land is needed; we have it. Water is needed; we have it. Human resources are needed; we have it.” The scale is enormous even by African industrial standards. Once operational, the plant is expected to produce three million metric tonnes of urea annually, potentially making it one of the continent’s largest fertiliser complexes. Ethiopian officials say the project now includes a 110km gas pipeline, a 120MW power plant, a polypropylene packaging facility and a two-million-tonne NPK blending plant. For a government grappling with chronic foreign exchange shortages, ballooning import bills and pressure on agricultural productivity, the numbers matter politically as much as they do economically. The decision to anchor the project in Gode is deliberate. Long viewed as peripheral to Ethiopia’s industrial economy, the Somali region is now being repositioned by the federal government as a future irrigation and agro-industrial corridor. Officials argue that the area’s vast land reserves and access to water could eventually support large-scale commercial farming capable of reshaping Ethiopia’s food economy. The government is simultaneously building housing infrastructure for about 5,000 residents near the plant, while officials project broader industrial expansion along the corridor. Abiy goes further, comparing the long-term revenue potential of the Gode development zone with Ethiopia’s flagship state enterprise. “The investments we are making in this Gode area, combined, will generate high revenue for Ethiopia, at par with Ethiopian Airlines,” he says. Source: The Africa Report Feliks Topolski 1907-1982 Topolski’s Chronicle, ‘Nazi Revival’, Vol. 8, Is. 1-2, 1960 HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. Photo by Jakub Dziubak on Unsplash If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Grim vision of drone warfare by Sylvie Kaufmann For contributing subscribers only. Subscribe The state of the art in Colbert-studies. Jean-Baptiste Colbert was Louis XIV chief minister from 1661 to 1683 and traditionally seen as an architect of absolutism and mercantilism. Alexander Hamilton later cited him as an inspiration in 1782. Now his legacy is disputed. Daniel Dessert, the chief critic, sees Colbert as the orchestrator not so much of an absolutist state as of an elite cabal. Would be great to have a good English-language review of this important debate. Source: lhistoire Didn’t know that the Magna Carta included free trade provisions Fighting for the right to the beach in Oregon in 1967: Source: Research Gate RAF Station – British and Polish Flags, c. 1940-45, The Ingram Collection Feliks Topolski, 1907-1989 ink and wash If you’ve scrolled this far, you know you want to click: Subscribe
Sports betting industry backs Georgia legislators as it seeks legal gambling
The sports-betting industry is spending big on Georgia legislative elections as it seeks to legalize its product. And many favored candidates won in last week's primaries.
Why Big Business Loves Costly Regulations
In new research, Luca Macedoni and Ariel Weinberger argue that large firms are more likely to lobby in favor of strict industry regulations when they can reduce competition by imposing high fixed costs on smaller, less-profitable firms.
Axios C-Suite: Everything converges in 2028
Big things are coming: toxic political fragmentation, superintelligent AI and a platform shift bigger than social media.
5 Big Moments in the Texas Republican Senate Race
The contest between the incumbent John Cornyn and his challenger Ken Paxton will culminate in a Tuesday runoff. Here are the developments that shaped the campaign.
Summer investment pays off for Black Cats
Sunderland spent £161m on 15 new players after gaining promotion to the Premier League. The season before, the three promoted sides - Leicester, Southampton and Ipswich - spent a combined £276.5m but returned to the Championship with the lowest combined points total of relegated sides in Premier League history. Essentially, spending big is no guarantee of survival.
Is this a good time for the CSIRO to be sacking climate scientists?
The next El Niño is predicted to be bigger than ever with devastating global impacts
Can Exxon build the world’s biggest carbon capture business?
Oil major bets billions on technology but backlash on US Gulf Coast threatens its ambitions
K-State long jumper Tah Chikomba joins K-Nation
MANHATTAN (KSNT) — The 2026 Big 12 Outdoor long jump champ joins K-Nation. The junior long jumper, Tah Chikomba, jumped 8.27 meters at the Big 12 Championships to clinch first place. That jump broke his personal record, his own school record, a Big 12 record and a Drachman Stadium record. After spending two seasons at […]
Sunflower Sports Report (5/24): Biggest headlines of the week
Here are the biggest headlines of the week from the Sunflower Sports Report.
China’s machinery giant XCMG eyes bigger scoop of global sales
State-owned firm banks on intelligent manufacturing, green technology, product integration and digital services to boost sales overseas.
Chicago Bears know Caleb Williams’ next step in quarterback growth
The NFL offseason will soon transition into mandatory minicamps, with training camps set to follow in July. Teams have stayed busy throughout free agency and the NFL Draft, while OTAs have allowed clubs like the Chicago Bears to evaluate the…
Big Ten Tournament: Day 6
UCLA gets their first B1G championship
How to live stream Mystics vs Storm: WNBA, TV channel
The Seattle Storm (2-4) looks for consecutive wins for the first time this season when they host the Washington Mystics (2-2) at Climate Pledge Arena on Sunday. MORE: Early favorites for the 2026 WNBA MVP Award How to Watch Washington…
Defense: Primes play big in politics
Employees of some of the biggest defense contractors are placing big bets in political contests — a mix of Republicans and Democrats — through PACs.
This $82 USB cable hides a Wi-Fi microcontroller inside its connector
A USB cable is not typically something that raises eyebrows. Most people plug one in and move on. But a Kickstarter device is challenging that assumption by...
Star Wars has big opening weekend with "The Mandalorian and Grogu"
After nearly seven years out of theaters, the latest Star Wars film, "The Mandalorian and Grogu" topped the box office, showing the franchise can still bring in audiences.
‘Mandalorian and Grogu’ tops charts and ‘Obsession’ grows in second weekend
After nearly seven years away from the big screen, a new Star Wars movie drew healthy but not record-breaking crowds to global theaters this weekend.
Tourism gains spread across California with Sacramento seeing big results
A Visit California study shows the state's tourism economy is thriving, with Sacramento experiencing notable increases in visitor spending and hotel tax revenue.
Steelers' second-year RB turning heads at OTAs
Pittsburgh Steelers running back Kaleb Johnson is apparently primed for a massive Year 2 jump, as he's standing out in a big way at OTAs.
FreeBSD Foundation Executive Director Tries Daily Driving FreeBSD On Laptop
With FreeBSD having worked on improving its laptop support over the past two years with some big changes and ongoing efforts for making a nice KDE desktop experience on FreeBSD, FreeBSD Foundation's Executive Director has been trying to daily drive FreeBSD on laptops.
Indy 500 Live Updates: Lineup, Leaderboard, Weather, Highlights
Follow along with the latest 2026 Indy 500 race updates, news and big moments.
The Atlantic Ocean Was Hiding a Massive Freshwater Reservoir Big Enough to Supply NYC for 800 Years
Scientists have discovered a massive freshwater reservoir buried beneath the Atlantic Ocean, stretching from New Jersey to Maine — and early estimates suggest it could hold enough water to supply New York City for nearly 800 years. Researchers believe the reservoir dates back to the last ice age, though it could take years to determine whether the water can — or should — ever be tapped.
America’s Small-Business Boom Comes Without New Jobs
While US financial markets brace for what could be the three biggest initial public offerings ever, most entrepreneurship in the US is headed in the opposite direction: New businesses are shrinking.
With Big Decisions Ahead, the Supreme Court Collides With a Testy Trump
President Trump has alternated between bullying the justices and cozying up to them as the court prepares to announce major decisions that will determine the fate of the key aspects of his agenda.
The Universe Is Full of ‘Impossible’ Black Holes. Now Scientists Know Why
There are black holes that are too big to be born from the death of a star but aren’t quite supermassive either. There’s finally evidence for where those came from.
LeBron James admits he misses Alex Caruso 'every single day'
The Lakers made a pretty big blunder in 2021 when they let Alex Caruso leave in free agency.
Josh Dykhoff's home run fuels Kansas' Big 12 baseball title
Josh Dykhoff's three-run home run was the first of three consecutive homers in the seventh inning and Kansas topped West Virginia 9-0 Saturday to win the Big 12 baseball championship for the first time since 2006, the Jayhawks' 42nd victory of the season.
Cardinals' Bryan Torres, who began minors journey in 2015, nabs first MLB hit, then homer at 28 in debut vs. Reds
Eleven years after starting his journey in the minors, Torres made it to the bigs and shined in front of his family during a Game 1 win of a Saturday doubleheader.
InRESPONSE, Santa Rosa’s crisis team, faces operational changes amid proposed funding cuts
County funding for Santa Rosa’s InRESPONSE program is slated to be cut by about half as officials wind down spending from the expiring Measure O sales tax. That means big changes ahead for a pioneering, civilian-led team.
Firefox's Big Redesign Gives You a Button to Kill All the AI
Firefox Project Nova is coming later this year with a cleaner look, compact mode, and a toggle to make AI features disappear entirely.
Jason Voorhees Is Coming to ‘Dead by Daylight’! [Trailer]
The wish for the addition of Jason Voorhees to Behaviour Interactive’s asymmetrical horror hit Dead by Daylight is finally being granted. With Dead by Daylight celebrating its 10-year anniversary this year, what better way to celebrate than to finally land the big guy himself?! Jason’s impending arrival in The Fog was revealed as part of […]
Nvidia’s Hidden $60 Billion Business Is About to Overtake Broadcom
For years, investors treated artificial intelligence as a GPU story. Buy the chipmakers, ride the boom, and call it a day. But AI data centers have evolved into something much bigger — sprawling digital factories that need not only computing power, but also ultra-fast networking capable of moving oceans of data with almost no delay. ... Nvidia’s Hidden $60 Billion Business Is About to Overtake Broadcom
Why big brands are turning to vanilla from Uganda
Vanilla is so valuable that it's been called "green gold." Uganda is quickly emerging as vanilla's next big player.
American investment in Liga MX: The growing appeal of Mexico's top flight
Liga MX is "the least explored, biggest opportunity in global sports," according to one Mexican club owner, and American investors are taking notice.
Progressives land a big win in a Philadelphia House primary and hope it means more are on the way
Democrat Chris Rabb seemed to be a long shot running for a congressional seat in Philadelphia. The Democratic Party establishment backed his rivals, but the state representative had support from...
Bond breakout? Big effects of bad data. Immigration and thermostatic politics & dad-chat is coming for dad-books.
Thank you for opening your Chartbook email. Anna Airy, A Shell Forge at a National Projectile Factory, Hackney Marshes, London, 1918 Bond breakout - John Authers Across the developed markets, bond markets are staging a slow-motion car wreck. Looking at the drastic moves in the US, Japan, the UK and France, Barclays’ Ajay Rajadhyaksha commented: “Last week, long bonds broke. Not in one country. In all of them. Simultaneously. Four countries. Four different political systems. Four different central banks. But the same trade — “get me out of duration!”” Each country has its own contributing political problems, but the uniformity of the shift out of long-term bonds with high duration makes clear that something broader is afoot. For Rajadhyaksha, it is “simple and uncomfortable.” The developed world “has too much debt, too little fiscal discipline, and no political appetite for fixing either.” If there’s a trigger, it has been the Iran war and the resulting shock to oil supply. Source: Bloomberg G7 countries are now borrowing at rates that were enjoyed by EM in the early 2020s For contributing subscribers only. Subscribe Trade between China and Russia has grown in recent years For contributing subscribers only. Subscribe Big effects of bad data A decade ago nearly nine in ten Americans, when approached, agreed to fill out the Current Population Survey, which is administered to about 60,000 households each month and asks about, among other things, employment. Fewer than seven in ten do so now (see chart 1). For the Consumer Expenditure Survey, which tries to capture 3,700 households monthly, the response rate is down from 68% to 40%. … When the information becomes less reliable, investment decisions get more difficult to make. Some may be delayed, creating a potential drag on the economy. A new working paper by Nicholas Bloom of Stanford University, Erica Groshen, former head of the Bureau of Labour Statistics (BLS) now at Cornell University, and Duncan Hobbs and Michael Strain of the American Enterprise Institute, a think-tank, hazards an estimate. Preserving trust in “the integrity and quality of official statistics”, the authors claim, generates economic benefits of about $25 for every $1 spent on the BLS, the agency with an annual budget of $700m that is responsible for many of these data. To arrive at their conclusion the quartet analysed an ignoble episode in the BLS’s recent history. On August 1st 2025 Donald Trump sacked Erika McEntarfer, appointed as the agency’s commissioner by his predecessor, Joe Biden. The president alleged, without evidence, that the BLS’s steep downward revision to recent jobs numbers had been “RIGGED in order to make the Republicans, and ME, look bad”. In fact, it was the wanton dismissal that looked bad in the eyes of many observers. In the following seven days there was a 50% leap, relative to the week before, in the average value of the index of Economic Policy Uncertainty (EPU), which tracks the number of articles mentioning such uncertainty that are published daily in American newspapers. This was a discernible jump even when compared to the chaos caused by Mr Trump’s trade war in April 2025 and his real one in Iran in the past two months (see chart 2). Based on Mr Bloom’s earlier study with other colleagues of the EPU’s impact on business investment, industrial production and employment, the authors estimate that the jump reduced American GDP by over $100bn (0.3%) and non-farm payrolls by 168,000 (0.1%). Source: The Economist Immigration and thermostatic politics (Sarah O’Connor in the FT) A strange thing happened a year and a half ago. No sooner had Americans elected Donald Trump as president on an explicitly anti-immigration platform than US public opinion began to swing much more favourably towards immigration. … to political scientists who study “thermostatic” politics, this development is no surprise at all. Public opinion often moves against the prevailing party, especially if they are perceived to have gone “too far” in one direction. The phenomenon was first explored in the 1990s with reference to fiscal policy, but in recent years it has been particularly evident in the realm of immigration policy. While these swings in opinion polls can make it seem as if people don’t know their own minds, they can be a useful democratic check on governments by sending bright flashing warning lights when policies stray too far from the public’s comfort zone. The problem comes when politicians misinterpret those signals. When people tell pollsters they want less immigration, or think it is bad for the country overall (or the converse), they are often expressing an opinion about how things appear to be going in that moment relative to their preferences, rather than a deep shift in their underlying views. According to Alexander Kustov, a political scientist, most Americans’ views are quite stable and moderate: they support immigration that is controlled and in the national interest, and oppose flows that are disorderly or under-enforced. In the US, he argues the Trump administration over-interpreted dissatisfaction with high immigration under Joe Biden, and implemented policies that went too far for many voters. “People don’t necessarily change their idea about their ideal immigration policy, but they can react to what the government is currently doing,” he told me. “A lot of people are not happy with what the Trump administration are doing — right now we’re not talking about border enforcement, we’re talking about people not just getting harassed, but killed.” But similarly, he added, pro-immigration advocates would be making a mistake to interpret the recent, more favourable swing towards immigration as a deep-seated ideological shift in attitudes. The recent history of UK immigration policy offers another cautionary tale. After the 2016 Brexit referendum, public concern about immigration fell. This was partly because net migration statistics declined, but also because people felt a sense of catharsis and control, says Sunder Katwala, director of British Future, a think-tank. By 2019, the public ranked immigration as only the ninth biggest issue of concern, according to Ipsos polling. But when the Conservative government liberalised visa routes for students and care workers between 2019 and 2022, that helped net migration to surge. And so, too, did public concern. Today’s Labour government has implemented another sharply restrictive turn in immigration policy. As Kustov and researcher Caitlyn Yates argue, thermostatic public opinion should be a useful check on politicians. Instead it seems to have helped to magnify the pendulum swing in the UK. The government over-interprets and overreacts to a change in public opinion, which reacts in turn, prompting a sudden swing the other way. Source: Financial Times HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Anna Airy, Shop for Machining 15-Inch Shells: Singer Manufacturing Company, Clydebank, Glasgow, 1918 Racing for a vaccine … we have been here before! The deadly Ebola outbreak in two African countries driven by a virus species with no vaccine has triggered an urgent search for a potential jab, in a test of troubled global efforts to avert threats posed by emerging diseases. A World Health Organization advisory group is due to would meet on Tuesday to recommend candidate jabs to prioritise for clinical trials, the global health body said. It will assess data including an analysis by the Coalition for Epidemic Preparedness Innovations (Cepi), which was set up after failures in the international response to a previous Ebola crisis. The latest Ebola outbreak in Democratic Republic of Congo and Uganda has infected hundreds of people and killed more than 80, health authorities say. Cepi’s reaction will be a crucial indicator of its progress towards its wider goal of producing vaccines for pandemic threats in just 100 days, despite steep cuts to international health funding. “If there was ever a time that we could show the world why Cepi is needed and show the world why the 100-day mission is needed, it’s now,” Nicole Lurie, the organisation’s executive director for preparedness and response, told the FT. “We’re happy to accept that responsibility, but obviously we need help from partners — particularly financial help in the long run.” DR Congo and Uganda would make the final decision on whether to press ahead with any vaccine candidates endorsed for clinical trials by the WHO experts, the global health body said. “Other ethical and community acceptability issues will be considered,” said the WHO, which declared the latest outbreak a public health emergency of international concern on Sunday. “This will be important to make sure that the trial, if it happens, will be adequately communicated to the population.” Lurie said Cepi had provided information from a survey of research teams and companies working on drugs that might be effective against the Bundibugyo virus behind the outbreak. The organisation hoped soon to announce partners in the quest for a jab, she added, although she declined to give a timescale for when one might be developed. Cepi’s Nicole Laurie said global health bodies were ‘getting some live-fire drills’ with hantavirus and the latest Ebola outbreak. The hunt for a vaccine should be helped by scientific advances including the use of artificial intelligence to find drugs active against viruses, Lurie said. Existing jabs against the Zaire Ebola virus responsible for many previous outbreaks might provide a basis for tackling the Bundibugyo species, she added. “We’ll see how far and how fast we can get,” Lurie said, adding that Cepi had done preliminary work recently on a possible jab for the rat-borne hantavirus responsible for a recent fatal outbreak on a cruise ship. “Both with hantavirus and now with Ebola, [we] are getting some live-fire drills.” Source: Michael Peel in the Financial Times Dad-chat is coming for dad-books. (By Pamela Paul and Jeffrey A. Trachtenberg in the WSJ) They were the go-to gifts for Father’s Day: a book about some little-known chapter of World War II, the sweeping narrative of a shipwreck, perhaps the latest presidential biography. These days, dad books are a dying breed. Nonfiction book sales have been in decline for the past four years, and are now the most challenged segment of the print book market. Publishers say certain types of books still fare well—including celebrity memoirs and religious titles. But in recent years, print sales in such categories as biography, current affairs and business and economics—what publishers refer to as “serious nonfiction” and which tend to resonate especially with men—have fallen considerably. Sales of nonfiction print titles were down nearly 8% through May 9 this year, and sales of books about politics and current affairs were down 19%, according to book tracker Circana BookScan. Publishing has long been subject to cyclical changes, with trends in format and genre taking over bookshelves in grand sweeps. (Remember the adult coloring-book craze? Or the stratospheric rise of romantasy?) But many in publishing believe the decline in serious nonfiction is more existential. “The trend couldn’t be clearer,” said Jonathan Karp, the former chief executive of Simon & Schuster and publisher of the new Simon Six imprint. “This is a sea change and people should wake up and realize we’re living in a new world.” One culprit for the shift: a new media diet for fans of more serious nonfiction. … Sixty-two percent of men and 54% of women consumed a podcast in the prior month, according to a recent survey by Edison Research at SSRS, up from 46% and 39%, respectively, in 2023. “When we have internal meetings to talk about this problem, it always comes around to podcasts,” said Jonathan Burnham, president and publisher of the Harper Group at HarperCollins Publishers. “The man who wants to read American history is now tuning into one of the many good podcasts about history that lends the quiet attention to a serious subject he’s looking for. It makes the idea of sitting down with a 700-page Ron Chernow book less appealing. You’ve scratched that itch.” Source: Wall Street Journal Remarkable report by Novara from the nationalist rally in London in mid May. Anna Airy, Leopard Moth and Plums, 1915 If you’ve scrolled this far, you know you want to click: Subscribe
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