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New Business: Campo Enoteca to expand to Nashua; Yamas Greek Eatery opens in Concord
Eric Maxwell bought Campo Enoteca, a farm-to-table Italian restaurant on Elm Street in Manchester, three years ago with the idea he would eventually expand.
Westwood business students win national awards
FROM A NEWS RELEASE ISHPEMING — Eleven Westwood High School business students attended the Business Professionals of America National Leadership Conference, “Amplify Your Impact,” from May 6-10. Nearly 7,000 delegates attended the conference, which was held in Nashville, Tennessee. Three students came home national winners. National award winners are: Lucy Ostola, third place, legal office […]
Summer, sunshine and science: Physics Day at Lagoon
Students from across the Intermountain West gathered to explore the world of science — and it was thrilling in more ways than one
Disruption in Science: Threats and Opportunities
Cincinnati Children’s 2026 Research Symposium explored how AI, exposome science, and innovative pediatric research are reshaping discovery, workforce strategy, and the future of medicine.
What to know about the mistrial in Harvey Weinstein’s rape retrial
A New York has declared a mistrial in Harvey Weinstein’s rape case from the #MeToo-era that has gone to trial three times so far after a jury was unable to
What to know about the mistrial in Harvey Weinstein’s rape retrial
A New York has declared a mistrial in Harvey Weinstein’s rape case from the #MeToo-era that has gone to trial three times so far after a jury was unable to come to a unanimous decision | Talk 1370
What to know about the mistrial in Harvey Weinstein’s rape retrial
A New York has declared a mistrial in Harvey Weinstein’s rape case from the #MeToo-era that has gone to trial three times so far after a jury was unable to
Washington Nationals vs Baltimore Orioles Game Thread
Follow along as the Nats and the O’s kick off this years edition of the Battle of the Beltway
WATCH | Vehicle barrels through window of Mechanicsburg business
Business was booming at a Mechanicsburg trailer store on Thursday when a SUV came crashing through the building's window.
United Way opens applications for small business grant funding in Charlottesville, Albemarle
Small businesses in Charlottesville and Albemarle County could soon receive help expanding through a new round of grant funding.
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
How Rayner, Streeting and Burnham weakened PM in 12 hours of political drama
Three interventions by three senior Labour politicians made for an unforgettable day in British politics.
Employees at some Hershey Entertainment and Resorts properties reach deal
HERSHEY, Pa. (WHTM) — Union workers at two Hershey Entertainment and Resorts properties agree on contracts, but negotiations continue as of Friday at three others, the company said. The two p…
NSF Announces $1.5 Billion X-Labs Initiative to Pursue Generational Breakthrough Science Efforts
The U.S. National Science Foundation announced a $1.5 billion, decade-long NSF X-Labs initiative aimed at funding research teams.
Computer Science Grad Helps Develop AI System to Track Bee Pollen
On the edge of the Arboretum and Botanical Garden at Cal State Fullerton, honeybees return to their hive carrying tiny packets of pollen, a protein source that can mean the difference between a thriving colony and a collapse. But the warning signs are easy to miss. Class of 2026 computer science grad Kshitij Pingle is […]
Congressman Cohen Announces Plan for His Political Future
WASHINGTON – Congressman Steve Cohen, who has represented Tennessee’s 9th Congressional District for more than 19 years, held a press conference at his office in Washington this morning to announced that he will not be a candidate for any of the newly drawn Congressional seats carved out of the 9th. His majority-Black district was gerrymandered into three Republican-leaning districts by the state General Assembly last week.He made the following statement:
Trump leaves China with breakthroughs — and unfinished business on Xi’s biggest fights
Trump returns from China summit praising Xi and trade progress, but Taiwan, AI, human rights, and Iran remain unresolved after high-stakes talks.
Three key insights for navigating the AI-native era of business
Leading experts explain the essential mindset shifts you’ll need to gain an edge
Craft Academy students expand learning through travel
Morehead State’s Craft Academy students spent spring break learning beyond the classroom with trips to Washington, D.C., and Paris.
Politics Friday: Minnesota lawmakers reach a session-ending deal, now race to get it through
MPR News politics editor Brian Bakst talks with four caucus leaders about a session-ending agreement and how they’ll shepherd it through this weekend.
THE HISTORY OF CHARGING THE MOUND, EPISODE 4: GEORGE BELL
In episode three of this series, I began a two-part exploration of the encounter between Toronto’s George Bell and Boston’s Bruce Kison on June 23rd, 1985. Having visited Kison side of things, we will now consider the life and times of George Bell. In the late 1970s scouts all around major league baseball began descending […]
Apple Card Promo to Offer Free AirPods Pro 3
Starting as early as next week, customers who sign up for an Apple Card at Apple's retail stores in the U.S. will receive $249 cash back when they purchase AirPods Pro 3, according to Bloomberg's Mark Gurman. The promotion has yet to be officially announced by Apple, so exact terms and conditions are not available at this time. AirPods Pro 3 are priced at $249 in the U.S., so customers who sign up for an Apple Card will effectively get free AirPods Pro through this promotion.
AASHTO Journal - Maryland DOT Issues More Purple Line Business Grants
The Maryland Department of Transportation recently issued $600,000 in new grants to support operations at 60 small businesses impacted by the construction of the Purple Line light rail line. [Above photo by the Maryland DOT] The Purple Line Small Business Grant Program distributes funds in three rounds each year. Those grant awards – which vary […]
What happens when you put a health clinic inside a preschool? This Michigan district is finding out
The Saginaw County Health Department will provide nutrition education, healthy food resources, breastfeeding support, and referrals to additional community services through the clinic space.
War worsens Lebanon’s economic crisis with job losses, price gouging and slow business
Since 2019, the tiny Mediterranean country has been in the throes of an economic crisis.
Harvard’s top earners in 2024? Three female business professors
The professors each earned roughly $1.9 million in total compensation in 2024.
At Yale, Matthew Verich explored the science of human connection
Neuroscience major Matthew Verich explored the brain in Yale labs, found purpose in psychiatry, and built community through music, mentorship, and faith.
The Reddest Supercar Ever Built Hides A Ford V8 With A Gated Manual Under Its $3.4M Skin
A red-tinted resin runs through the carbon tub of the latest 01 Zagato prototype, inspired by 1930s racing Alfas not Ferrari
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.
Google's slimmed down Gemini model is quietly winning AI customers
Vercel CEO Guillermo Rauch highlights Google's Gemini Flash model's rise in AI demand, overtaking Anthropic in Vercel's AI Gateway.
‘A breath of fresh air’: San Antonio businesses cash in on Spurs’ playoff run
San Antonio is feeling more than just playoff excitement as businesses are seeing a real financial boost with the Spurs advancing through the postseason.
Will Ferrell returns to ‘SNL’ for Season 51 finale with Paul McCartney
Will Ferrell returns to host the 'Saturday Night Live' Season 51 finale with musical guest Paul McCartney. Here's how to watch.
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
Gemini's Spark agent has leaked, and it looks like it's gunning for Claude Cowork's throne
It could clean up your messy Gmail inbox or make changes to your Google Docs.
LEGO 2K Drive Is Being Delisted From Digital Storefronts Next Week
Just three years after release
Deion: Shedeur Sanders ‘went through hell’ during NFL Draft process, rookie season with Browns
Rocket Science Health validates targeted olfactory-cleft deposition in non-human primates ahead of the 4th Nasal Formulation & Delivery Summit
As the pace of modern drug discovery accelerates, the industry is increasingly recognizing that a breakthrough molecule is only as effective as its ability to reach the target site.
Microsoft to automatically roll back faulty Windows drivers
Microsoft is introducing a new Windows Update capability that will allow it to remotely roll back problematic Windows drivers delivered through Windows Update.
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.”
Democratizing discovery through data science
UD's Cathy Wu, elected an AAAS Fellow, advances team science and broadens access to biomedical discovery
Globavend Expands into Digital Entertainment Through Proposed Acquisition of Loomi Entertainment
Proposed Transaction Positions Globavend to Enter the Fast-Growing AI-Enabled Short-Form Digital Entertainment MarketPERTH, Australia, May 15, 2026 (GLOBE NEWSWIRE) -- via IBN -- Globavend Holdings Limited (NASDAQ: GVH) (“Globavend” or the “Company”), an emerging e-commerce logistics provider, today announced that it has entered into a definitive agreement with Zenith Green Limited (the “Vendor”) to acquire 70% of the equity interests in Loomi Entertainment Group Limited (“Loomi Entertainment”,
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.
Lancaster County public sales: May 15, 2026
Martin & Rutt Auctioneers LLC, of New Holland, conducted a public auction of real estate May 7 for John and Judy Burkholder at 1361 Woodland Circle, Denver. A three-bedroom Colonial-style
Security Researchers, Aided By Anthropic's Mythos, Claim To Have Breached macOS
Apple is taking the claims seriously.
Idaho farmers can band together to buy cheaper health insurance through Farm Bureau deal
As Idaho farmers struggle to find affordable health insurance, a new deal lets them buy cheaper plans through the Idaho Farm Bureau.
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...
Exclusive: At Samsung, the global AI boom spurred a looming strike and deep divisions
A looming 18-day strike at South Korean chip giant Samsung that has triggered worries within the government, rattled foreign investors and threatened global supply chains rests on one crucial question: who should share in the spoils of the AI boom?
How a Jim Caviezel film got mixed up in a Brazilian political scandal
American actor Jim Caviezel's upcoming feature "Dark Horse," a biopic about former Brazilian President Jair Bolsonaro, has been billed by a movie industry publication as a thriller about the far-right firebrand's battle "against a corrupt establishment."
Schroders looks to exit China mutual funds business after just three years
London-listed group is set to be taken over by US-headquartered asset manager Nuveen in £10bn deal
Top Singapore-based physicist moves to China after superconductor breakthrough
Prominent young professor becomes doctoral supervisor at leading Chinese research university amid high-level recruitment drive.
Gilts Slump as Investors Brace for Burnham Challenge to Starmer
Gilts tumbled after Manchester Mayor Andy Burnham secured a pathway to potentially challenge Keir Starmer for the UK prime minister’s job, threatening a fresh bout of political instability that investors fear could result in more expansive fiscal policy.
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
Right medicine, right person: Jacintha Sivarajah on science with purpose
“All medicines have side effects, but it's just about trying to minimize the impact through providing the information patients and clinicians need or finding other ways to mitigate that impact.” — Jacintha Sivarajah
The nation’s cartoonists on the week in politics
Every week political cartoonists throughout the country and across the political spectrum apply their ink-stained skills to capture the foibles, memes, hypocrisies and other head-slapping events in the world of politics. The fruits of these labors are hundreds of cartoons that entertain and enrage readers of all political stripes. Here's an offering of the best of this week's crop, picked fresh off the Toonosphere. Edited by Matt Wuerker.
Prep baseball playoffs: Santa Margarita hits eight home runs in 19-1 victory
Andre Owens hits three of Santa Margarita's eight home runs in a Southern Section Division 2 playoff win over Rancho Christian.
First Hawaiian Bank: Open for Business – KoAloha Ukulele
KoAloha Ukulele CEO Alan Okami shares how their family business have grown through small business challenges with the longstanding support from First Hawaiian Bank.
NSF Plans $1.5B Funding for ‘Breakthrough’ X-Labs Science Partnerships
The National Science Foundation (NSF) announced on May 14 that it plans to invest up to $1.5 billion over the next decade in its existing NSF X-Labs initiative.
NASA’s Roman Space Telescope could reveal millions of invisible neutron stars
NASA’s Roman Space Telescope could expose a vast hidden population of neutron stars lurking unseen across the Milky Way. By detecting subtle shifts in starlight caused by gravity, the mission may identify and even weigh isolated neutron stars that are otherwise impossible to see. Scientists hope the discoveries will reveal how these extreme objects are born and why they are blasted through space at incredible speeds.
A grad student’s wild idea sparks a major aging breakthrough
A casual conversation between graduate students helped spark a breakthrough in aging research at Mayo Clinic. Researchers discovered that tiny synthetic DNA molecules called aptamers can selectively attach to senescent “zombie cells,” which are linked to aging, cancer, and neurodegenerative disease. The method could eventually help scientists identify and target these cells in living tissue with far greater precision.
Arizona AG says Medicaid behavioral health billing dropped 92% after fraud crackdown
Arizona AG Kris Mayes says billing through the American Indian Health Plan for behavioral health services has dropped over 90% the past few years after her office began targeting fraud in the program.
Georgia woman works through injuries as health insurance costs soar
This story is available through The Current GA. Carry Smith yawned as she fastened the driver’s side seat belt in her 2002 Toyota Sequoia. On a Sunday in early May, Smith headed to one of her four part-time jobs in Chatham County, part of her seven-day work week. Two years earlier, Smith suffered life-threatening injuries […]
New Science Plan Spurs DWR Efforts for Longfin Smelt
Tucked within the UC Davis campus, a quiet but critically important effort is helping preserve the Longfin Smelt, a vulnerable fish species native to the Sacramento–San Joaquin Delta. Scientists with DWR and UC Davis are collaborating to better understand and conserve this declining species through immediate conservation actions and long-term research.
AI could transform healthcare if it focused on prevention
AI shows promise in healthcare by reducing admin, improving diagnosis, and boosting prevention through early detection and behavior change.
Trump officials hit California with ‘largest ever’ freeze on Medicaid funds
The Trump administration suspended $1.1 billion in California Medicaid funds over fraud claims, threatening home care for 900,000 seniors and people with disabilities.
Supreme Court preserves access to widely used abortion pill, while lawsuit plays out
The court’s order allows women seeking abortions to continue obtaining the drug, mifepristone, at pharmacies or through the mail, without an in-person visit to a doctor. Access is likely to remain uninterrupted at least until into next year as the case plays out, including a potential appeal to the high court.
Shedeur Sanders' Cleveland Browns starting quarterback odds released
Shedeur Sanders faces a battle with three others for the Cleveland Browns' starting quarterback job. New odds reveal just how close it stands.
Covington Maifest returns with beer, music, and new Reds fan zone
The festival runs Friday through Sunday and will feature beer, food, music, and entertainment.
Rep Jayapal defends outreach after Cuba trip drew conspiracy allegations, death threats
Rep. Pramila Jayapal says she has received death threats after revealing she spoke with foreign ambassadors during a congressional trip to Cuba.
CEC Entertainment Names Former Texas Roadhouse, Southwest Airlines Exec as EVP & CFO
Chris Monroe most recently served as CFO of Louisville, Kentucky-based Texas Roadhouse. Prior to that, he spent more than three decades at Southwest Airlines, ultimately serving as SVP of finance, treasurer, and sustainability.
Trump’s ‘financial situation’ gaffe underscores his Iran war problem
President Donald Trump has governed throughout his second term like a man who wields unconstrained power. It tends to prompt frustrations for him later when the approach runs headlong into reality.
Great Lakes Sports & Entertainment Network to air Loons games this weekend
Fans can tune into the new Great Lakes Sports & Entertainment Network on Friday, May 15, Saturday, May 16 and Sunday, May 17 to watch the three final games of the series.
Great Lakes Sports & Entertainment Network to air Loons games this weekend
Fans can tune into the new Great Lakes Sports & Entertainment Network on Friday, May 15, Saturday, May 16 and Sunday, May 17 to watch the three final games of the series.
Great Lakes Sports & Entertainment Network to air Loons games this weekend
The Great Lakes Loons will play the West Michigan Whitecaps at Dow Diamond Thursday through Sunday, and there’s a new way to watch.
Great Lakes Sports & Entertainment Network to air Loons games this weekend
The Great Lakes Loons will play the West Michigan Whitecaps at Dow Diamond Thursday through Sunday, and there’s a new way to watch.
Scientists Create Laser “Whirlpools” That Spin Tiny Cells Without Touching Them
Researchers have developed a new laser-based method that can rotate microscopic samples in all three spatial directions without touching them.
UWM gets $10 million gift to expand freshwater sciences research
Liberal philanthropist Lynde Uihlein gave $10 million to UWM to support the only graduate school of freshwater sciences in the country.
NBA star Kevin Love spotlights mental health through nonprofit
May is Mental Health Awareness Month and NBA champion Kevin Love is using his platform to teach kids about mental health through his new program "GOAT: Beyond The Game."
Dragon Targets Friday Launch as Crew Keeps Up Science and Spacewalk Preps
SpaceX CRS-34, the next mission to resupply the International Space Station, is now targeting its launch for no earlier than 6:05 p.m. EDT on Friday, May 15. Meanwhile, the seven-member crew aboard the orbital outpost stayed focused on microgravity research and lab maintenance throughout Thursday.
Jerome Powell: Steering the US Fed through COVID-19 and political pressures
Trump’s aggressive push for interest rate cuts shaped Powell’s Fed legacy during his tumultuous leadership.
Bucs Brass Impressed With UDFA QB Jalon Daniels
The Kansas standout is turning heads in rookie minicamp, utilizing his dual-threat ability and leadership to challenge for the backup role behind starter Baker Mayfield this season.
Anthropic And Gates Foundation Sign $200 Million Partnership For AI Use In Health, Education, Agriculture
The partnership commits $200 million over four years to develop AI tools for use in vaccine research, farming guidance, education and other areas.
NSF announces $1.5B NSF X-Labs initiative to pursue generational breakthrough science efforts
Today, the U.S. National Science Foundation announced $1.5 billion over the next decade toward the NSF X-Labs initiative to tackle pressing scientific challenges through novel and innovative...
WV-based business reaches millions of new customers overseas with Coupang
J.Q. Dickinson Salt-Works produces salt from ancient underground reservoir J.Q. Dickinson Salt-Works, a 14-employee family business in Malden, West Virginia that produces signature culinary salts, is expanding internationally for the first time by selling its products in Asia through Coupang, a U.S.-based technology company and international retailer. Nancy Bruns, a descendant of the original family […]
Pair Of Aggie Receivers Named Among Nation’s Top Returners By Hero Sports
Hero Sports has named a pair of UC Davis football wide outs to its top 25 list of returning Football Championship Subdivision wide receivers with Samuel Gbatu, Jr., being named the third-best returning receiver and Stacy Dobbins being tagged as the nation's 18th-best returning wide receiver, giving the Aggies a pair of nationally ranked offensive threats heading into the 2026 season. The Aggies are just one of three programs to have more than one member named to the list and they are one of four Big Sky teams to have at least one receiver named to the top 25.
The MAX offers free admission to military families all summer
Blue Star Museums program includes active duty service members and veterans through September
Sony’s awful ‘AI Camera Assistant’ for Xperia is the final boss of the worst camera trend [Gallery]
Yes, Sony actually seems to think that image you’re seeing above looks better after running through an “AI Camera Assistant.”...
iPhone 18 Pro: Three new features could make you want to upgrade
iPhone 18 Pro is coming this fall, and three new features could be among the top upgrade motivators for Apple’s latest flagship model.
Local business leaders commit $10 million to support Field of Dreams
DYERSVILLE, Iowa -- Three Iowa families and business leaders have committed $10 million to support ongoing and future development at the Field of Dreams movie site in Dyersville.
Anthropic, Gates Foundation launch $200 million partnership for AI in health, education
Anthropic and the Gates Foundation have pledged $200 million to back artificial intelligence-related public goods and areas including health and education, they said on Thursday.
Anthropic, Gates Foundation launch $200 million partnership for AI in health, education
SAN FRANCISCO, May 14 (Reuters) - Anthropic and the Gates Foundation have pledged $200 million to back artificial intelligence-related public goods and areas including health and education, they said on Thursday. Support from Anthropic's technical staff and usage credits for its Claude AI will account for its half of the financial commitment, while the Bill Gates co-founded Gates Foundation will provide grant funding, program design and expertise, officials told Reuters.
Gavin Newsom Beats The Drum For Nationwide Entertainment Industry Incentives, And Dances Around His Presidential Aspirations
Throughout his decades in politics, Gavin Newsom has been called everything under the California sun by friends and foes alike, but there is one moniker the two-term Golden State governor embraces, th...
Howard Community College Featured in 'State of Business' Address
In his Business Outlook Luncheon remarks at Turf Valley Resort last week, Howard County Executive Calvin Ball outlined how Howard County “stands on business” through five pillars: managing crises, investing in people, backing businesses, making strategic investments, and preparing for the future. Howard Community College appears by name in the pillar that anchors the others: investing in people. Dr. Ball highlighted the $11 million county investment in HCC’s Cathy and Danny Bell Workforce and Trades Center, which will open this fall. He described the facility as a world-class center with state-of-the-art training in key industries, championed by HCC President Dr. Daria J. Willis, and positioned to help Howard County compete with institutions worldwide. He also recognized HCC’s Complete4Success program, supported by a $3.5 million county investment in 2022, as a continuing driver of certifications and degrees that prepare students to enter Howard County’s workforce ready to contribute on day one. Dr. Ball connected HCC’s work to the broader economic moment in the county, including more than 1,580 apprentices now training across Howard County businesses, up from roughly 1,100 in 2018, and the SPARK program that bridges classroom learning to high-demand industries. Each of these efforts depends on the kind of workforce pipeline HCC is built to deliver. Educational Services is one of the top three employment sectors for county residents, alongside Professional, Scientific, & Technical Services and Health Care & Social Assistance. HCC will award 1,263 degrees next week at its annual commencement ceremony, and every year, that output feeds directly into the industries the County Executive named as drivers of Howard County’s growth. The full picture also includes the families who are not yet there. The 2024 ALICE update from United Way of Central Maryland found that 35,346 households in Howard County, 29% of the total, fell below the ALICE Threshold in 2022, meaning they earned more than the Federal Poverty Level but less than the basic cost of living in the county. The Household Survival Budget for a Howard County family of two adults, an infant, and a preschooler reached $118,608 annually, requiring an hourly wage of $59.30 to cover housing, child care, food, transportation, and other essentials. Affluence and economic strain coexist within the same county lines. That gap is the reason higher education and economic development are inseparable. Every certification, associate degree, and apprenticeship credential issued at HCC represents a household closer to crossing the ALICE Threshold and into long-term financial stability. The Bell Center, Complete4Success, Howard P.R.I.D.E., Parent Scholars, and the institution’s transfer-rate gains are significant components of Howard County’s economic mobility infrastructure. HCC is grateful to Dr. Ball for his sustained partnership over nearly eight years of service and for recognizing that this college plays a central role in the economic story Howard County is telling. Standing on business in Howard County means standing alongside the flagship institution that prepares its workforce.
Bradley's Country Store nears 100 years in business in the Miccosukee community
Bradley's Country Store in Miccosukee is turning 99, built on a sausage recipe from 1910 and three generations of family ownership.
Kenwood girls’ team is three-time, three-sport state champions
While Kenwood Public School has had past athletic success, this year’s standouts are the seventh and eighth grade girls’ team who brought home three different state championships to the small
Mental health awareness: Domani builds support for children through art and atheltics
Domàni uses art and sports to support young people struggling with eating disorders
ACPD investigating trio of robberies at Arlington businesses
Arlington County police are looking for suspects in three business robberies reported across the county on Tuesday. In each incident, suspects allegedly took merchandise from a retail store and either used force or made threats against employees, according to an Arlington County Police Department crime report. The first happened around 9:30 a.m. on the 4600
UConn Health Earns Accreditation for Noninvasive Vascular Testing
Enables early detection of life-threatening heart disorders, stroke, other cardiovascular disease