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Surprising things about Phoenix from a New Yorker

I took a weeklong trip to Phoenix. During my first visit, I was surprised by the weather, sunsets, and scenic drives.

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May 17 • 9:04 AM EDT • Business • businessinsider.com
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Packers last Wednesday game came nearly a century ago

The NFL has successfully invented a new timeslot with the Packers and Rams playing on “Thanksgiving Eve” this year. And though a game on the night before Thanksgiving might be a new phenomenon, it’s not the first time the Packers have played on a Wednesday. Buckle up, because this is a weird one. Though it’s […]

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May 17 • 9:00 AM EDT • Sports • sports.yahoo.com
ASUS Demos Its First “ROG” DDR5 Memory Running at 8800 MT/s On Its Crosshair X870E APEX Motherboard

ASUS's first DDR5 memory modules, the ROG 20th Edition, have been demoed on the ROG Crosshair X870E APEX motherboard.

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May 17 • 8:25 AM EDT • Technology • wccftech.com
Mental Health Crisis? Why Leaders Must Listen First Before Assuming.

Stop fixing and start listening. Harvard’s Alexis Redding explains how authentic vulnerability and exploring the messy middle can transform your workplace culture.

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May 17 • 8:15 AM EDT • Health • forbes.com
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As Springfield weighs annexation request, regional behavioral health needs hang in the balance

Springfield councilors will ponder an annexation request that would set the stage for Oregon’s first behavioral health campus that has both a psychiatric hospital and stabilization center on site.

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May 17 • 7:45 AM EDT • Health • lookouteugene-springfield.com
PGA Championship final round leaderboard, live updates: Can Alex Smalley fend off Jon Rahm, Rory McIlroy for first win?
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May 17 • 7:40 AM EDT • Sports • sports.yahoo.com
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Adam Driver Brushes Off Lena Dunham Memoir Question in Cannes: ‘I’m Saving It All for My Book’

Adam Driver may be known for leading critically acclaimed films like “BlacKkKlansman” and blockbusters like “Star Wars,” but his career first gained steam on TV in Lena Dunham’s HBO series “Girls.” Th...

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May 17 • 7:20 AM EDT • Entertainment • yahoo.com
Toronto Tempo say UCLA star Kiki Rice has not disappointed

The Toronto Tempo used the first pick in franchise history to select UCLA star Kiki Rice and has no regrets as the rookie has immediately contributed.

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May 17 • 7:00 AM EDT • Sports • latimes.com
Andrew Welsh-Huggins shares fun facts about geese, nicknames, more

Columbus-based author Andrew Welsh-Huggins recalls his first story, defines what makes a writer successful and divulges his nickname.

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May 17 • 6:01 AM EDT • Entertainment • dispatch.com
The new political era of insurgent candidates is roiling the Pennsylvania primary

A decade after Donald Trump upended the Republican Party by attacking the GOP establishment in his first presidential campaign, the political outsiders...

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May 17 • 4:00 AM EDT • Politics • post-gazette.com
WHO declares Ebola outbreak an international public health emergency

The WHO said an Ebola outbreak first seen in the Democratic Republic of the Congo was an international public health emergency, underscoring the world's concerns.

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May 17 • 3:17 AM EDT • Health • statnews.com
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‘Scazball’ taking Red Roses’ attack into new era

When Amy Cokayne crossed for England’s first try against Ireland, it looked like the Red Roses had reverted to type in the Women’s Six Nations; a forward-orientated game that has been much maligned in the past.

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May 17 • 3:00 AM EDT • Sports • sports.yahoo.com
Sooo ... About Last Night

Last night (Sat., May 16, 2026), Netflix hosted its first-ever MMA event, the MVP MMA 1 card from Intuit Dome in Inglewood, California. It was great to have another player in the MMA scene! MVP MMA’s inaugural event brought an exciting mix of legendary names from years past as well as some truly excellent up-and-coming […]

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May 17 • 3:00 AM EDT • Sports • sports.yahoo.com
WHO declares global health emergency over Ebola outbreak in Congo and Uganda

Officials first announced the spread of the disease in Congo on Friday.

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May 17 • 12:47 AM EDT • Health • 12onyourside.com
WHO declares global health emergency over Ebola outbreak in Congo and Uganda

Officials first announced the spread of the disease in Congo on Friday.

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May 17 • 12:47 AM EDT • Health • kkco11news.com
Trump sent a message by targeting Bill Cassidy. In defeat, Cassidy delivered one back

Louisiana Republican Sen. Bill Cassidy wanted his reelection campaign to be about the “present and the future.” President Donald Trump had other plans. Cassidy became the first GOP senator to lose renomination in close to a decade, a remarkable downfall that shows again how Trump dominates the party. He signaled in his concession speech, without mentioning Trump, that he could spend the final months of his term being more of a thorn in Trump’s side – or at least more openly critical.

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May 17 • 12:34 AM EDT • Politics • cnn.com
A Look At Brookfield Business Partners (BBU) Valuation After Softer First Quarter 2026 Results

Brookfield Business Partners (BBU) is in focus after Brookfield Business Corporation reported first quarter 2026 results, showing sales of US$6,436 million and net income of US$40 million, both lower than in the same period a year earlier. See our latest analysis for Brookfield Business Partners. The recent 1-day share price decline of 2.09% to US$31.46 and a 30-day share price return down 9.21%, alongside a year to date share price return down 12.20%, contrasts with a 1-year total...

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May 17 • 12:17 AM EDT • Business • finance.yahoo.com
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

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May 17 • 12:00 AM EDT • Science • northwestgeorgianews.com
Center Point health fair addresses opioid epidemic

Faith leaders, first responders and city staff hosted a health fair focused on the opioid epidemic. The event aimed to raise awareness and connect people with available resources.

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May 16 • 11:00 PM EDT • Health • wbrc.com
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First Public macOS Kernel Exploit on Apple M5 Prepared Using Mythos Preview in Five Days

Apple's M5 silicon has reportedly been exploited for the first time in a public macOS kernel memory corruption attack, successfully bypassing the company's notable hardware-level memory protection.

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May 16 • 10:48 PM EDT • Technology • cybersecuritynews.com
Rousey vs. Carano results: Robelis Despaigne brutally KOs Junior dos Santos in first-ever MMA fight on Netflix
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May 16 • 9:50 PM EDT • Sports • sports.yahoo.com
Scientists reveal hidden agony caused by invasive species with first-ever animal suffering scale

The broader global picture may also be incomplete.

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May 16 • 8:40 PM EDT • Science • yahoo.com
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...

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May 16 • 8:33 PM EDT • Entertainment • simplywall.st
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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.

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May 16 • 8:25 PM EDT • Health • witn.com
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Kodi Greene Touted As One Of Nation's Top Freshmen

The first-year Husky offensive tackle receives generous praise coming out of spring ball.

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May 16 • 8:00 PM EDT • Sports • sports.yahoo.com
Letter from the editor: Farewell from the executive science editor

Journalism was probably the last thing on my radar when I walked through the club fair as a first-year. And for most of my time at Tufts, it stayed that way. My best friend Carmen was super involved in that world, but her involvement was the closest I got to that space.

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May 16 • 8:00 PM EDT • Science • tuftsdaily.com
With high hopes, Yale continues to invest in Upper Science Hill

The University has poured hundreds of millions of dollars into the development of Upper Science Hill, which University leaders say will significantly improve research opportunities at Yale. The first phase is set to be completed this fall.

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May 16 • 8:00 PM EDT • Science • yaledailynews.com
Now What? With Carbon Pricing Eroded and Pipeline Politics Advancing, Here Are the Pathways for Climate Success

At the end of a whirlwind week of news on carbon pricing and electricity strategy, capping a madcap year of pretty much non-stop, dramatic change, the word across much of Canada’s climate and energy transition community is that climate policy in this country has been shredded. Eviscerated. Hit with a sledgehammer by policy rollbacks that have pushed the country’s 2050 net zero target “well out of reach”. That means it’s never been more important to look for the rays of hope and glimmers of possibility. To glimpse the seeds of the next set of strategies to get Canada’s climate pollution under control and the country into the accelerating global dash away from fossil fuels. And then, once we’ve spotted those possibilities, get on with the hard, day-to-day slog of trying to make them a reality. Nothing takes away from the frustration and the deep disappointment so many climate and energy hawks are expressing, the sense of betrayal by the author of Value(s) and the former UN special envoy for climate action and finance. But we knew two things as the week drew to a close. We’re looking at the world as it most definitely is. And we don’t get to give up finding the pathways to confront climate change and deliver faster, deeper carbon cuts that leave no one else behind. So really, the first question we all have to ask ourselves is: What’s next? Subscribe All the Oxygen in the Room The outpouring of anger and grief over the carbon pricing deal between Prime Minister Mark Carney and Alberta Premier Danielle Smith has been absolutely understandable. So much of the climate community poured years, more than a decade, into dragging the current federal pricing regime across the finish line, then defending it from a deluge of three-syllable rhymes after the Trudeau government proved utterly incapable of delivering its own message. The policy foisted on us by neo-classical economists took up all the oxygen in the room, burned through years of climate response time that we won’t get back, while cornering climate hawks into the position that the best response to the crisis of our lifetimes is a new tax…in an era of historic anti-tax sentiment. I mean, really—what could possibly have gone wrong? Against that history, let’s appreciate columnist Max Fawcett’s point that even a modest carbon pricing agreement with a government as off-the-wall libertarian/conspiracist as Danielle Smith’s—those adjectives are mine, not Max’s—is a win worth savouring (as long as Smith keeps her promises for a change). But part of living in the world as it is (no, I’m not letting that go) is to be clear-headed about what we can and can’t control. And one thing we get to decide, after seeing this week’s carbon price festivities take up all the oxygen yet again, is whether we want to keep letting that happen. Particularly when success down that road depends on a factor that no one with a climate agenda can control or influence—a provincial carbon pricing mechanism that has been manipulated and eroded beyond its lowest possible denominator. Thankfully, that’s not the way it has to go. Not when we have so many other powerful, practical tools at our disposal, including the ones still available to us through this abominable Memorandum of Understanding (MOU) between Canada and Alberta. Tools In Our Toolbox When I started roughing out this list, I didn’t expect it to grow to nearly a dozen bullet points. It’s probably still incomplete. Some of the greatest hits in today’s climate solutions toolbox include: • No Carbon Capture, No Pipeline: On Friday, Prime Minister Mark Carney explicitly stated that there’s been no change to the MOU provision that there will be no West Coast pipeline without an industry commitment to build its massive, $16.5-billion carbon capture and storage (CCUS) hub in Northern Alberta, and vice versa. The two megaprojects were joined at the hip when the MOU was signed Nov. 27, and the implementation agreement this week affirmed that they still are. A parade of independent analysts have spent years pointing to the economic and technical flaws in CCUS, while the industry kept postponing its investment decision until it could arm-twist the government for more “clarity” (by which it meant even more lavish taxpayer subsidies) on the project. Now the industry itself is running away from the CCUS hub and insisting the pipeline should proceed without it, but Carney doesn’t seem to be budging from a central tenet of the MOU to which Smith has signed on. • No Subsidies, No Investors: Climate analysts and advocates have quite rightly been hammering away at Carney and his team, insisting that any new capacity the industry wants to build must proceed without new subsidies. The government has responded with a growing collection of funding and financing mechanisms for the very wide menu of industrial development and nation-building projects they say they want to take on, and that menu always includes fossil fuel infrastructure. But it’s hard to see how even the combined fiscal clout of the federal and supportive provincial governments will deliver the financial backing private investors would need when the business case for new fossil fuel development is evaporating before their eyes. Particularly when… • No Market, No Demand, No Investors: As our friend Markham Hislop at Energi Media (our apparently sleepless friend, given the massive volume of great material he’s been churning out) points out this morning, the biggest vulnerability in any pipeline deal is the assumption that Asian buyers will want the oil or liquefied natural ga that our fossil industry is so keen to send them. Hislop writes in part: Ottawa and Alberta are effectively betting that countries like China and India will continue increasing oil imports for decades as their economies grow and energy consumption rises. That assumption underpins the entire economic rationale for expanding oil sands production and building billions of dollars in new export infrastructure. But Asian energy systems are changing rapidly… China, India, South Korea, and other major hydrocarbon importers are now investing hundreds of billions of dollars into electricity systems built around wind, solar, batteries, nuclear, hydro, and expanded transmission infrastructure. Domestic “energy sovereignty” is increasingly replacing the old energy-security model based on stable oil and gas imports. Those investments are expected to sharply slow oil demand growth and eventually reverse it, even as overall energy consumption continues rising. There are also refining constraints. Many Asian refineries and petrochemical complexes are already optimized to process discounted heavy crude from the Middle East and Latin America. That raises serious questions about how much additional Canadian bitumen Asian markets can absorb at profitable prices. Small wonder that there’s still no private sector investor for the project, despite Smith’s government desperately beating the bushes to put together a deal. For now, Alberta is acting as proponent and covering early start-up costs for a pitch to the federal Major Projects Office, which could actually turn into the next tough hurdle for Smith and her pipeline to jump. • Canada Day Looms: How ironic that Canada’s birthday this year could become a major chokepoint for the provincial premier who’s been working so diligently to tear the country apart! The July 1 target date for Alberta’s pipeline proposal is baked into the MOU, was reaffirmed by the implementation plan, but it hadn’t dawned on me that it cuts both ways. As one very smart colleague wrote in an email yesterday, “they’ve thrown the ball into Alberta’s court to get the project proposal on the table really quickly and to have to do a whole pile of work to put together a massive, complicated project that would typically take years to assemble, and they’ve given them weeks to do it.” That makes July 1 a looming deadline that Smith won’t be able to run away from politically, especially with the separatists in her party and her caucus breathing down her neck. (See previous ref to off-the-wall.) But if Alberta comes in with a sloppy, incomplete submission, even after Carney bent over backwards to simplify the application process and the rules that govern it, it may be harder for the province or the industry to blame Ottawa and insist on the faster process they claim their investors are demanding. (Oh, wait—which investors would those be??) • We’ll See You In Court (Then We’ll See You Again): If Carney did cave, that would be just one more reason for Indigenous and other affected communities to take the government and the process to court—Just as Alberta First Nations did, successfully, in response to Smith’s half-baked separation referendum. Veterans of the Harper era have been warning that a shoddy process around fossil fuel infrastructure or other major projects will be a recipe for the very delays that process seeks to avoid. And now more than ever, with renewable energy and energy storage eating fossil fuels’ lunch in import markets around the world, a delayed pipeline or LNG terminal may be as good as a cancelled one. • Charged Up, Ready to Go: With its goal of doubling Canada’s electricity supply to meet a doubling of demand by 2050, the national electricity strategy that Carney unveiled Thursday has a lot to like. With its explicit language about speeding the shift from fuels to more efficient and affordable electricity, global investment and deployment patterns that already favour that shift, an emerging bidirectional power grid, the role of front-line options like rooftop solar and heat pumps, the emergence of electric vehicles as behind-the-meter energy storage, and the domestic jobs and manufacturing to make it all happen, the document doubles down on the essential cornerstone of a faster shift off fossil fuels. The strategy envisions a more prominent role for gas and nuclear power. But some of those provisions were already in the Clean Electricity Regulations that climate hawks are now fighting so hard to defend, inserted as a compromise in a futile attempt to mollify the industry and its political representatives in Alberta and Saskatchewan. But once again, gas will be a tougher sell when it’s more expensive and now so much more unpredictable than the clean alternatives. The new nuclear technologies are still speculative and deeply vulnerable to cost overruns. Increasingly, utilities, developers, and investors know it. Carney declared Thursday that “it doesn’t do us good to be sitting in court all the time with provinces. It doesn’t do us good to be talking past each other. What does do us good is to come together with specific projects.” There are no guarantees, but so much of the language and narrative-building in the electricity strategy suggests the lion’s share of those projects will be renewable. • The Party Has Already Started: The electricity strategy only rarely digs down to specific projects, but provinces representing three-quarters of Canada’s population are already embracing a faster transition. Hydro-Québec is working on a 10-year, $185-billion renewable energy and grid buildout by 2035. Ontario recently brought 10 provinces and territories together in a National Energy Corridor Agreement to boost interprovincial and -territorial transmission infrastructure. And the MOU implementation agreement commits Alberta to facilitate investment in renewable energy projects, a big step back from its continuing, punitive restrictions on renewables development. The electricity strategy envisions much of the financing and infrastructure that will be needed to pull those advances together into an integrated whole. • Delivering on Affordability: The MOU implementation plan has little or nothing to say about affordability (are you surprised?), but the electricity strategy does, with a top-line pledge to reduce home energy costs for seven out of 10 Canadian households by 2050, a total saving of $15 billion across the board. It’s just a start, but it puts affordability on the government’s narrative map. If they’re serious and deliberate about patching together a least-cost energy strategy, it’ll have little if any room for oil, gas, or nuclear—not with powerful evidence, for example, that electricity prices are higher when those prices are set by gas. • Smith Proves that Canada Works: By signing a deal that makes it harder to claim the federal government is blocking a new pipeline, Smith has helped prove Carney’s constant anti-separatist refrain that “Canada works”—incurring the rage, no doubt, of her own political base. Canada also needs to work for anyone who depends on a clean environment, healthy and thriving ecosystems, and safe, stable climate. But with Smith and her separatist constituents setting up as a fifth column for annexation by Donald Trump’s United States, let’s set aside any notion that 51st state status for Canada is a recipe for anything other than climate disaster (and so much else). Resisting and withstanding Trump (just 170 more sleeps until mid-term elections, which is a damn sight better than the 730 we started with) doesn’t mean a free pass for a pipeline, but we can still appreciate it that keeping Canada whole and sovereign is still Carney’s Job One. • The Words Not Spoken: Apart from a commitment to export a million barrels of “low-emission” Alberta bitumen per day (memo to Smith and Carney: You realize that that’s less than the industry is already exporting??), the MOU implementation plan says nothing about the international trade and economic sovereignty deals that Carney has been travelling the world to negotiate. It didn’t have to. Carney doesn’t need permission from Danielle Smith, her American enablers, or her separatist allies to continue building the alliances that will ratchet down our economic dependency on our unstable, unreliable neighbour to the south. But every connection he builds with countries outside North America helps align our economy and our future with a faster shift off fossil fuels. Little if any of this was on our bingo cards a year or two ago. But it’s the pathway that has opened up to us. And if it gives Canada any climate or energy gains at all in an era still dominated by Trump and his increasingly ridiculous tariffs, his loutish trade negotiations and his continuing annexation threats, we have to take the wins. Not least because they’ll be the point of departure for what we can achieve in 2027, 2029, and beyond, as Trump’s grip and this era begin to loosen and then fade. What is Carney Doing? If this line of thought is right—and it’s a possibility, not a prediction—it means that Carney’s actions and decisions are largely about buying time. Time for Trump’s power to wane. Time for Alberta’s separatist/conspiracist virus to spread, mutate, die out, or at least die back, with help from a vaccine of federal steadiness and calm (appropriate enough, for a movement populated largely by vaccine deniers) that no conspiracy theory can dismiss. And time for the government’s trade and investment agenda to deliver results—even knowing that some of those results will bring impacts that front-line communities will not and should not accept. In the immediate moment, none of this changes the way the wider climate community has to respond, from campaigners to investors to front-line practitioners. All of our voices are still essential. But those voices will be stronger and more confident if we have a clearer sense of the brutal game we’ve been pulled into, and a plausible path (or two it three) for playing it to the win we need. This conversation also underscores our biggest task for the remaining years of what was supposed to be the “decisive” decade for climate response: if we can shift the energy narrative in Canada, make it a mainstream view that the country’s preoccupation with oil and gas has us falling farther behind a changing world, we’ll see far better results in the 2030s and beyond. For many veteran climate advocates, taking on that part of the fight will begin with recognizing that most of our friends and family, neighbours and colleagues already understand that climate change is real and right in front of us: they’re looking away and staying silent because they don’t have what climate communicator Katharine Hayhoe calls “efficacy”. As Hayhoe recently pointed out in a feature interview with The Energy Mix, it amounts to science denial to keep hammering away at the dire news about global warming without also helping audiences understand what they can do about it, with multiple studies telling us why that won’t work. Far better to open those conversations with the dominant crises like energy security, food security, emergency preparedness and business continuity, affordability, and financial security that have knocked climate change far lower on the list of public priorities, and will likely keep it there. We Knew This Would Happen Climate hawks have always known this day would come. For decades, we warned that everyone had to pay attention to climate change right now, because it would be much tougher to respond once the crisis itself started affecting our daily lives. We were right, and here we are. But now, thanks to decades of hard work, communities and countries have an alternative to doubling down on fossil fuels. “In 10 years everyone will have ‘always known’ that solar and batteries were going to win,” Morgan Solar Executive Chair Mike Andrade writes on LinkedIn. With the disruption in the Strait of Hormuz roiling energy priorities around the world, Canada and the United States are among the shrinking number of countries that are still very keen on fossil fuel development. Understanding that gap is a first, essential step in spotting the opportunities ahead, and averting the deep economic as well as environmental and social risk we face if we don’t seize them. Thanks for reading The Energy Mix Weekender! Subscribe for free to receive new posts and support our work. Subscribe Mitchell Beer traces his background in renewable energy and energy efficiency back to 1977, in climate change to 1997. Now he and the rest of the Energy Mix team scan 1,200 news headlines a week to pull together The Energy Mix and The Energy Mix Weekender. Chart of the Week BYD Eyes 20 Dealership Locations After Canada Greenlights Chinese EV Imports ‘Sledgehammer’ Carbon Price Deal Boosts Emissions by 230Mt, Aims for Fall 2027 Pipeline Approval ‘Worse Than Harper’: Regulatory Rollback Would Stop Canada from Assessing Project Impacts, Critics Warn Electricity Strategy Aims for Doubling by 2050, Allows ‘Flexibility’ for Gas Power Plants Opposition Mounts as O’Leary’s Data Centre Approved in Drought-Stricken Utah Diluted Carbon Price Misses ‘Reality of the World We’re In’, Could Impede Diversified Trade: Climate Institute $200B in Clean Energy Investment Will Need On-Time Delivery, Reliable Policies, Trade Association Says ‘Sovereign Pipeline’: CEO Pitches to Keep Trans Mountain in Government Hands What a Supercharged El Niño Could Mean for Canada Canada’s future is electric, and here’s how a power grid superhighway would get us there (Toronto Star) The Perilous Waters of Hecate Strait (Globe and Mail) Saudi Aramco profits jump despite conflict in Middle East (The Guardian) Farmers confront rising cost of fertilizer and fuel as spring seeding under way (Canadian Broadcasting Corporation) Clarkson forecasts 24% decline in offshore oil, gas capital expenditures (Oil & Gas Journal) Pipe Dreams: How Oil and Gas Fail to Deliver Economic Development in Africa (Oil Change International) Developing countries must hold the pen to script the fossil fuel transition (Climate Home News) Iran war threatens the dream of a post-oil economy in the Gulf (Washington Post) U.S. Oil, Gas Work Force Hits Lowest Level Since 2022 (Rigzone) Why Polestar Is Doubling Down on Net Zero as Rivals Pull Back on EVs (Bloomberg) Why this Michigan utility plans to sell its hydro dams for $13 (E&E News/Politico) Levees can no longer save New Orleans (Vox)

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May 16 • 6:41 PM EDT • Politics • energymixweekender.substack.com
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Winter Sports Wrap: See Belmont’s League All-Stars

In Mackenzie Clarke’s own words, she felt FOMO (Fear of Missing Out). After missing her sophomore season of ice hockey to focus on year-round field hockey in the most important year for her college recruiting, she yearned to return to her first sport at the high school level. Two years later, she’s graduating as the lone Belmont High School All-Scholastic honoree across all Marauders winter athletes. “It’s always been a part of me,” Clarke said. “I started to miss it, and a bunch of people who I played field hockey with were on the team that year.” The senior forward

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May 16 • 6:06 PM EDT • Sports • belmontvoice.org
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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

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May 16 • 4:04 PM EDT • Entertainment • finance.yahoo.com
3-star Wayne Shanks Jr. commits to Arizona

The Wildcats got their first running back for 2027, three-star Wayne Shanks Jr., who now headlines the class regardless of position.

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May 16 • 4:02 PM EDT • Sports • arizonasports.com
Canada confirms first suspected hantavirus case linked to cruise ship

Canadian in B.C. presumptively tests positive for hantavirus linked to MV Hondius cruise outbreak, pending lab confirmation, health officials say.

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May 16 • 3:31 PM EDT • Health • usatoday.com
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Randy Bennett's 1st ASU roster nearly set

A look at what ASU's starting lineup could like and where the roster could use more help ahead of Randy Bennett's first season at the helm.

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May 16 • 2:15 PM EDT • Sports • arizonasports.com
First Look at Germie Bernard, Drew Allar in Steelers Uniform

Pittsburgh Steelers second-round pick Germie Bernard and third-round pick Drew Allar put on the Steelers uniform for the first time […] This article originally appeared on Steelers Now: First Look at Germie Bernard, Drew Allar in Steelers Uniform

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May 16 • 2:03 PM EDT • Sports • sports.yahoo.com
Checking in with Dodgers relievers Will Klein, Wyatt Mills

With the Dodgers on a three-city road trip to Anaheim, San Diego, and Milwaukee, here are a few leftover tidbits from the last homestand at Dodger Stadium. Toast of the town First, I spoke with reliever Will Klein, who has kept his late-season surge and World Series heroics going in the early part of the […]

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May 16 • 1:27 PM EDT • Sports • sports.yahoo.com
James Franco mounting big Hollywood comeback with 'Rambo' prequel

James Franco will star in the Rambo prequel 'John Rambo' alongside Noah Centineo, marking Franco's first big Hollywood blockbuster since he was accused of sexual misconduct in 2018.

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May 16 • 12:16 PM EDT • Entertainment • ew.com
This rumored MacBook Pro upgrade has me excited, and it has nothing to do with OLED

Later this year, Apple is set to debut its first MacBook Pro redesign since 2021. With that redesign, we’re expecting...

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May 16 • 10:43 AM EDT • Technology • 9to5mac.com
'Blessing in disguise': Anthony Richardson shows renewed appreciation for Colts despite trade request

The former first-round pick is making the most of his time in Indianapolis following a tumultuous start to this NFL career

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May 16 • 10:23 AM EDT • Sports • cbssports.com
Austria proves too good for Britain at ice hockey worlds

Britain marked its return to the ice hockey world championship with a 5-2 loss to Austria on Saturday. Britain answered with a couple of goals through David Clements and Liam Kirk 37 seconds apart still in the first period before Austria stretched the lead with two more goals in the second when the newcomer was restricted to only two shots on goal. Peter Schneider scored twice for Austria.

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May 16 • 9:45 AM EDT • Sports • sports.yahoo.com
Goalkeeper Macey to leave Colchester

Colchester United goalkeeper Matt Macey is among four first team players released by the club.

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May 16 • 9:17 AM EDT • Sports • sports.yahoo.com
Scientists reversed memory loss by recharging the brain’s tiny engines

Researchers have shown for the first time that malfunctioning mitochondria — the cell’s energy generators — may directly cause cognitive decline in neurodegenerative diseases. By creating a new tool that temporarily boosts mitochondrial activity in the brain, scientists restored memory performance in mouse models of dementia. The discovery hints that energy failure inside neurons could happen before brain cells die, potentially offering a new target for future Alzheimer’s treatments.

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May 16 • 8:00 AM EDT • Science • sciencedaily.com
Scientists find hidden brain nutrient deficit that may fuel anxiety

A major analysis of brain scans found that people with anxiety disorders have noticeably lower levels of choline, a nutrient crucial for healthy brain function. The strongest evidence appeared in the prefrontal cortex, the region tied to emotional control and decision-making. Researchers say the discovery is the first clear chemical brain pattern linked to anxiety and could eventually lead to new nutrition-based treatments.

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May 16 • 8:00 AM EDT • Health • sciencedaily.com
First-ever direct image of the cosmic web reveals the Universe’s hidden highways

Astronomers have revealed the sharpest image ever captured of a filament in the cosmic web — the enormous hidden structure connecting galaxies across the Universe. The glowing strand stretches 3 million light-years and links two galaxies from nearly 12 billion years ago. By observing this faint intergalactic gas directly for the first time in such detail, scientists gained new insight into how galaxies are fueled and formed.

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May 16 • 8:00 AM EDT • Science • sciencedaily.com
Scientists find hidden brain nutrient deficit that may fuel anxiety

A major analysis of brain scans found that people with anxiety disorders have noticeably lower levels of choline, a nutrient crucial for healthy brain function. The strongest evidence appeared in the prefrontal cortex, the region tied to emotional control and decision-making. Researchers say the discovery is the first clear chemical brain pattern linked to anxiety and could eventually lead to new nutrition-based treatments.

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May 16 • 8:00 AM EDT • Science • sciencedaily.com
Science news this week: PCOS has a new name, Neanderthals were the world's oldest dentists, and the first nuclear bomb explosion spawned an 'alien' crystal

May 16, 2026: Our weekly roundup of the latest science in the news, as well as a few fascinating articles to keep you entertained over the weekend.

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May 16 • 7:00 AM EDT • Science • livescience.com
Fitbit Air: 24 Hours Later First Impressions

Here's your first impressions of the Fitbit Air, and how it compares physically to Whoop 5.0/MG, Amazfit Helio, and the Polar Loop.

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May 16 • 6:37 AM EDT • Technology • dcrainmaker.com
Disillusioned with F1, Max Verstappen is about to start his longest motor race yet

Max Verstappen has expanded his interest in competing outside F1 in recent years. Now he's taking on his first 24-hour sports car race

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May 16 • 5:00 AM EDT • Sports • nytimes.com
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Sen. Bill Cassidy faces Louisiana Republican primary for the first time since his Trump impeachment vote

The Louisiana Republican is running for re-election against Trump-backed Rep. Julia Letlow and state Treasurer John Fleming.

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May 16 • 5:00 AM EDT • Politics • nbcnews.com
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An Upper West Side Primary Presents a Test of Judaism and Politics

Stephanie Ruskay is seeking to become the first female rabbi to be elected to state office in New York, but the race may hinge on whether voters find her progressive enough.

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May 16 • 3:00 AM EDT • Politics • nytimes.com
Roma renew interest in Spanish executive Ramon Planes

In these days, Roma will focus on the pitch first, then on the rest. The derby against Lazio, scheduled for tomorrow at 12:00 PM, is too important for the club’s sporting fortunes ahead of next seas...

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May 16 • 2:50 AM EDT • Sports • sports.yahoo.com
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Spurs blow out Wolves to advance to Western Conference Finals

For the first time since 2017, the Spurs are back in the Conference Finals.

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May 16 • 2:30 AM EDT • Sports • sports.yahoo.com
Wrapping up the session: the policies, the politics… and the poetry

From speed cameras to vaccine policy to ketchup packets, which of the laws passed by the 2026 legislature will actually be affecting people’s daily lives, five or ten years from […]

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May 16 • 1:05 AM EDT • Politics • cpr.org
The ACM Awards are nearly here with first-time host Shania Twain. Megan Moroney leads the nominees

The 2026 Academy of Country Music Awards will take place at the MGM Grand Garden Arena in Las Vegas | Talk 1370

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May 16 • 12:02 AM EDT • Entertainment • audacy.com
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Horse dies after race on Black-Eyed Susan Day ahead of Preakness Stakes

Hit Zero collapsed shortly after his first-ever race on Friday.

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May 15 • 9:22 PM EDT • Sports • sports.yahoo.com
Your Social Feed Is Buzzing With Health Advice. But Read This First.

Ultimately, there's one golden rule.

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May 15 • 9:00 PM EDT • Health • sciencealert.com
Indiana Business Journal welcomes local leaders to Fort Wayne during ‘Innovate Indiana’

The Indiana Business Journal held the first of nine ‘Innovate Indiana’ events on Friday.

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May 15 • 8:49 PM EDT • Business • 21alivenews.com
Downtown Youngstown entertainment venues rebound financially

YOUNGSTOWN — The city-owned entertainment facilities started the year off strong with a $300,448 operating surplus during the first quarter — the fourth-best January-March in its history — rebounding from a $484,728 loss in 2025. “It’s a great start for the year,” said Eric Ryan, president of JAC Management Group, which operates the Covelli Centre, […]

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May 15 • 8:00 PM EDT • Entertainment • vindy.com
Small Business Administration tours damage from Highway 82 fire
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May 15 • 7:50 PM EDT • Business • firstcoastnews.com
OU softball run rules Binghamton to start regionals

No. 1 seeded OU softball (49-8, 20-4 SEC) defeated Binghamton (20-26, 15-5 America East) 11-0 Friday in the first round of NCAA regionals.

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May 15 • 6:51 PM EDT • Sports • oudaily.com
Rochester Regional Health graduates first class of peace officers

Officials believe the new peace officer program will significantly strengthen the hospital system’s ability to respond to emergencies in real-time.

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May 15 • 6:44 PM EDT • Health • 13wham.com
Trump’s flavored vape push sparks backlash from MAHA influencers, health officials

The FDA this month opened a pathway for tobacco companies to sell flavored e-cigarettes and granted its first authorization for fruit-flavored vapes.

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May 15 • 6:10 PM EDT • Health • nbcnews.com
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First Round Of Rural Health Transformation Funds Now Available   - West Virginia Public Broadcasting

The state’s nearly $200 million award from the federal government for 2026 aims to strengthen rural health systems statewide.

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May 15 • 4:35 PM EDT • Health • wvpublic.org
Feature: Moore ’26 Keeps Busy with Double Science Major and Music

Luke Moore ’26 came to Kansas Wesleyan on a music scholarship. He’s graduating this weekend (May 16) with a double major in Chemistry and Physics. He’s as active on the music side as he is with his science activities — he’s played the cello for 10 years, including four years at Kansas Wesleyan. It’s common, he said, for scientists and musicians to share those interests. “I’ve spoken to plenty of musicians who would have done science if they weren’t musicians, and I’ve talked to plenty of scientists who would have done music if they weren’t scientists,” Mooresaid. He played the cello in the string orchestra, which he’s done since his first year, and as a junior and senior, sang in the Philharmonic Choir as a bass. He hadn’t sung in a choir since middle schoolin Garden City, but he found he really enjoys that aspect of his college career. Also as a junior, Moore helped re-activate the STEM Club as vice president. For two years, he helped build the club’s battlebot. Last year the bot came home from battles in Kansas City in pieces, lots of pieces. This year it came home with the first-place trophy. He’s helped make frozen nitrogen ice cream at Homecoming and other events and helped organize the STEM Club’s first gingerbread house competition for the holidays. Willing to get his hands – and face – dirty for science, he encouraged fellow musicians and scientists to smash him in the face with whipped cream pies on Pi Day (March 14) as a fundraiser for the STEM Club. His capstone project involved developing a metallic organic framework (MOF) that takes a methylene blue dye out of water. “I’m proud that I was able to design this project, and I was proud that I did end up making the MOF,” Moore said. The professors and attitudes at KWU have made all this possible. “I don’t actually have time for everything,” Moore said. “I have to prioritize things. Things inevitably fall through the cracks, but it’s hard for me to choose one over the other, because I like a lot of things. And I don’t want to not do music, and I don’t want to not do science.” Moore said that Kansas Wesleyan, as a smaller university, gives students the opportunity to try things. “If I were to want to be in a music ensemble, it would probably be a bit harder in a larger school. One nice thing about this school is that everyone’s involved in something,” he said. “Professors know that you have other things going on, and they are flexible and understanding.” Moore has applied to grad schools, with an goal of earning his Ph.D. and landing at a university big enough to allow for a small research team that also gives him an opportunity to teach. He’s off to a good start. Moore is receiving the award for Outstanding Research in the Math, Physics and Computer Studies Department at Commencement this year. Story by Jean Kozubowski

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May 15 • 4:27 PM EDT • Science • kwu.edu
WPI student graduates after 50 years in computer science

Kerry Lynn is graduating 50 years after when he was first supposed to from WPI. He got his degree in computer science when AI is taking over and making jobs for students difficult. He worked in the technology industry for years.

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May 15 • 3:39 PM EDT • Science • bostonglobe.com
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One team’s explosive offense force Newman and U-High into decisive finals Game 3

Christian Sauska ran to second base and raised his arms outward has he looked to the sky, celebrating his team’s sixth extra-base hit — all in the first two innings

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May 15 • 2:55 PM EDT • Sports • nola.com
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Today in White Sox History: May 15

The long and sad slide out of first place begins begins all-too-soon for the 2006 club

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May 15 • 2:34 PM EDT • Sports • sports.yahoo.com
Strategies for improving women’s health explored at student-led summit | Harvard T.H. Chan School of Public Health

Speakers at the first Women’s Health Student Summit at the School discussed the need for a new approach to women's health.

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May 15 • 2:14 PM EDT • Health • hsph.harvard.edu
Golf Entertainment Group Inc. Reports First Quarter 2026 Results

STAMFORD, Conn., May 15, 2026--Golf Entertainment Group Inc. (OTCQX: GLFE) (the "Company"), a leading owner and operator of golf, hospitality, and entertainment experiences, today announced financial results for the quarter ended March 31, 2026.

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May 15 • 2:09 PM EDT • Entertainment • finance.yahoo.com
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 […]

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May 15 • 1:56 PM EDT • Health • vitals.sutterhealth.org
What to know about new Ebola outbreak that has killed 65 people in Congo

Africa’s top public health body has confirmed a new Ebola outbreak in Congo’s Ituri province, the 17th since the disease first emerged in the country in 1976.

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May 15 • 12:25 PM EDT • Health • pbs.org
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A look at major Ebola outbreaks and when the disease was first identified

African health officials say there is a new outbreak of the Ebola disease in the Central African country of Congo, with at least 246 suspected cases and 65 deaths

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May 15 • 12:05 PM EDT • Health • washingtonpost.com
Coe-Brown boys volleyball team bears down, extends streak

DOVER — After going undefeated on the way to winning the program’s first state championship last year, the Coe-Brown Northwood Academy boys volleyball team knows there is a big target

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May 15 • 11:54 AM EDT • Sports • unionleader.com
Marine Corps Veteran embraces first Winter Sports Clinic

Sixteen years ago, a car accident left USMC Veteran Joe Gibson paralyzed. Through adaptive sports at the Winter Sports Clinic, he is pushing past barriers.

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May 15 • 10:30 AM EDT • Sports • news.va.gov
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Justice Department challenges efforts to sanction Trump administration lawyers in new lawsuit

The Justice Department is challenging efforts to sanction attorneys from the first and second Trump administrations, asserting in a lawsuit that the District of Columbia Bar is unfairly playing politics with the legal disciplinary process.

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May 15 • 10:20 AM EDT • Politics • pbs.org
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Chris Nocco starts SD 21 campaign strong with flurry of conservative support

'He is a proven conservative leader who has always put families, public safety, and our community first.'

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May 15 • 9:52 AM EDT • Politics • floridapolitics.com
Proposed VHC Health facility needs more public input, County Board candidates say

The three Democratic candidates for County Board are all in favor of extensive community input on a proposal for a new behavioral health facility in Glencarlyn. "You need to listen -- it needs to be community-first," challenger Julie Farnam said at a debate hosted by the Arlington County Civic Federation on Tuesday. Farnam and James DeVita

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May 15 • 9:15 AM EDT • Health • arlnow.com
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Andrew Abbott leaned into some science to get his season back on track

Andrew Abbott locked in on the stick-figure graphic of himself. The world of biomechanics is very advanced. But with Abbott going through the worst rut of his big league career, he opened up to some new ideas to get himself back on track. He asked for some help, and he leaned into some sports science. He said the stick figures made it clear, and he credits biomechanics for helping him get his season back on track. Over his last three starts, he has allowed two total runs in 17 ⅔ innings. “There’s a photo of (me) last year and the year before on a graph, and this year is in a different color,” Abbott said. “You see where you are in comparison to that. Where the hands are at this moment, where your feet are, where the knee is, where your head is at, where your shoulders are at, it breaks it all down if you want it.” When Abbott saw his mechanics in this objective way, he recognized exactly what had been going wrong. “When my tempo, my feet and my hands are aligned, then normally my mechanics are sound,” Abbott said. “And when my mechanics are sound, my stuff behaves normally. The fastball is jumpy. I’m up in velo. My extension is better.” Abbott said that he started diving more into his biomechanics in the middle of April. The Reds have a biomechanics team, which works closely with pitching coach Derek Johnson and hitting coach Chris Valaika. Leading the group is biomecahnics manager Franky Mulloy. “I laugh every day,” Francona said. “When Franky starts talking, I start laughing. I remind him to know his audience.” Francona isn’t a scientist. The Reds’ manager jokes about his own comprehension of the data. But it’s easy for him to recognize the value that the biomechanics team is providing. “That’s why we got them,” Francona said. Abbott said that he had his first big biomechanics-oriented meeting in the middle of April. Behind the scenes, there was already a lot of communication going on within the Reds’ staff. “Franky calculates all the things, builds it into these graphs, and DJ gets them,” Abbott said. “They have their internal communication. Then, we go to them and ask what about this or that. The main thing for me is arm angle.” The data shows Abbott how his arm angle evolves from start to start. He hasn’t meant to change it. But just like all of us, our posture might be different from one day to the next. Pitchers’ arm angles can make minor shifts without the pitcher or even coaches noticing. But the data can’t miss a change like that. Abbott recognized that his arm angle had been moving around without him noticing. Now, he checks in with the data to make sure that his mechanics are in sync. “They get into these cool looking graphs,” Abbott said. “I can’t really describe them. I don’t know what they are. But for me, it’s a photo of a stick figure of myself.” The stick figure of his current positioning is superimposed over previous versions of himself. With that format, Abbott can compare his mechanics on any given day to what they were when he was pitching at his very best. “It was very noticeable from the moment I saw this year as black compared to two years ago and last year, it was very, very different,” Abbott said. “I could see with my eyes without having to ask any questions about the difference in the photos.” For any pitcher, there are a lot of moving pieces in your delivery. For Abbott to be the best version of himself, he needs his head, his arm, his hand, his knee and his feet to be on the right “tempo.” “Tempo is a word I’ve used a lot,” Abbott said. “Getting everything in certain areas working together.” He has been much better at that recently. The data backs that up, and so does Abbott’s ERA. The biomechanics data has also given the Reds’ staff and Abbott some better ideas for some training that he can do between starts. He has added drills to shore up areas of his body that Abbott needed to make stronger. “They make a plan based off what they see,” Abbott said. “If things start changing, we know what to revert back to.” Overall, Abbott says that he’s not a very analytical guy. There’s so much information out there, and he says that it’s important for him to not get too analytical when he breaks down his specific pitches. He has learned the value of being “analytical about mechanics.” And the way that the Reds presented that information to him made it easier for him to make the right adjustments without being overloaded by information. “It was a very simple fix,” Abbott said. “It took a long time to finally get there, feel the results and see it. But for the most part, it was very simple to apply it.”

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May 15 • 8:29 AM EDT • Science • charlieschalkboard.substack.com
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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

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May 15 • 8:10 AM EDT • Technology • wccftech.com
Ferrari blends past and future with new HC25 supercar

Special based on F8 Spider introduces thinner headlights and vertical daytime running lights

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May 15 • 8:00 AM EDT • Technology • autocar.co.uk
Unknown Worlds / Subnautica 2 Early Access Roadmap

We want to share a few more details about what you can expect from Subnautica 2 in our first Early Access roadmap.

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May 15 • 8:00 AM EDT • Technology • unknownworlds.com
PAVmed Provides Business Update and Reports First Quarter 2026 Financial Results

/PRNewswire/ -- PAVmed Inc. (NASDAQ: PAVM) ("PAVmed" or the "Company"), a diversified commercial-stage medical technology company, operating in the medical...

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May 15 • 8:00 AM EDT • Business • prnewswire.com
Apple Watch: 15 Tips Every Owner Needs to Know

Apple Watch is now eleven generations in, and packed with useful features that are easy to miss at first glance. To help you get more out of your new device, we've rounded up 15 practical tips you might not have discovered yet, including a few that long-time users often overlook. Bounce Between Two Apps On your Apple Watch, double-press the Digital Crown to see a deck of all currently open apps, and turn it to scroll through them.

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May 15 • 7:07 AM EDT • Technology • macrumors.com
Custom Medallion Supplier A.T. Designs Celebrates 50 Years in Business

Owner Trevor Temple started his business from a garage in 1976 with an eye toward innovation.

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May 15 • 7:00 AM EDT • Business • members.asicentral.com
Guardiola's personal to-do list for Pulis

My first encounter with Manchester City boss Pep Guardiola was when I was with West Brom. It was early in Pep's first Premier League campaign, 2016-17, and Manchester City had just beaten us at home. As people will tell you, I forced him to eat with us too, while we discussed his early impressions of the Premier League and English football in general.

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May 15 • 6:53 AM EDT • Sports • sports.yahoo.com
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ASUS Republic of Gamers Unveils ROG Crosshair 2006 Motherboard to Mark 20 Years of ROG

ASUS Republic of Gamers (ROG) today announced the ROG Crosshair 2006, a cousin of the Crosshair X870E Dark Hero that is an aesthetic throwback to the first motherboard ROG created 20 years ago. Its potent gaming power is draped in time-traveling retro style. Decked with eye-catching colors and m...

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May 15 • 6:23 AM EDT • Technology • techpowerup.com
Your Baby’s Gut Health: What Matters Most in the First Weeks of Life

A baby’s gut microbiome starts developing from the moment they’re born, and those early days can have a lasting impact on immune health and development.

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May 15 • 6:05 AM EDT • Health • urmc.rochester.edu
Official: ‘Proud’ Italy starlet Inacio signs new Borussia Dortmund deal

Italian wonderkid Samuele Inacio has signed a contract extension with Borussia Dortmund until June 2029, just days after scoring his first senior goal with the Bundesliga side: ‘I want to celebrate ...

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May 15 • 6:05 AM EDT • Sports • sports.yahoo.com
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Trump and Xi move towards business-first relationship after Beijing summit

The two leaders did not resolve differences on key issues like Iran and Taiwan, despite push to extend truce.

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May 15 • 5:46 AM EDT • Business • aljazeera.com
Subnautica 2 already has huge concurrent player counts and has swum to one million sales already

Within its first 24 hours live, Subnautica 2 has made a dominating start on Steam, though console figures remain a mystery.

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May 15 • 5:03 AM EDT • Technology • eurogamer.net
Datavault AI Provides Q1 2026 Business Update Highlighting Tokenization Adoption and Infrastructure Progress

More than $800 million in tokenization contracts signed; generating nearly $100 million in fees expected to be recognized in 2026 First Quarter…...

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May 15 • 4:00 AM EDT • Business • ir.datavaultsite.com
5 Must-Read Analyst Questions From AMC Entertainment’s Q1 Earnings Call

AMC Entertainment’s first quarter saw a positive market response, driven by significant year-over-year revenue growth and improved operating margins. Management attributed this performance to a stronger box office environment, particularly across North America and Europe, as well as disciplined cost control and enhancements in the guest experience. CEO Adam Aron highlighted the impact of expanded premium screens, improved per patron spending, and the continued success of loyalty programs. Notabl

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May 15 • 3:48 AM EDT • Entertainment • finance.yahoo.com
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

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May 15 • 3:04 AM EDT • Politics • adamtooze.substack.com
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May 14 • 5:24 PM EDT • Sports • vermontgreenfc.com
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May 14 • 5:02 PM EDT • Entertainment • spectrumlocalnews.com