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Potter second and Yee fifth on triathlon return
Beth Potter finishes second in Yokohoma for a second consecutive year while Alex Yee comes fifth on his return to the men's triathlon.
Global GO Fest Mega Raids and 5 Star Raids Have Been Revealed
Trainers, the Pokémon GO Fest 2026: Global Mega Raids and Five-Star Raids have been revealed, and they are absolutely overwhelming! This year, Mega Mewtwo X and Mega Mewtwo Y are the stars of the event, but they will be joined by more than 50 other Pokémon across both event days. In case you need a […]
Could a seventh downtown business be closing this year? What we know.
Since October 2025, downtown New Bedford has experienced multiple business departures, with the 30 North Water St. space now listed for sale.
Bill Ackman says Alphabet stake sale not a bet against the company
Billionaire investor Bill Ackman said on Saturday that the sale of Google parent Alphabet's shares was not a bet against the company.
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.
In a Fracturing UK, Nigel Farage Emerges as Nationalist Nemesis
With the UK government in crisis, the specter of a Reform leadership one day is shifting the political dynamic in Scotland, Wales and Northern Ireland.
Connections: Sports Edition today: Hints and answers for May 16, 2026, puzzle No. 600
Welcome to Connections: Sports Edition Coach — a spot to gather clues and discuss (and share) scores.
Declare climate crisis a global public health emergency, experts tell WHO
Exclusive: Commission says alert would trigger coordinated international response that could help avoid millions dying
Atlanta Beltline violence: Shops report booming business despite incidents
Business owners in the Old Fourth Ward report that crime has not hurt their bottom line and sales are up.
Marc Benioff said Salesforce will spend $300M on Anthropic tokens
Salesforce CEO Marc Benioff said he's able to work faster with AI agents and that the company is working on tech to make coding easier at Slack.
Andalusia election offers clues to Spain’s political trajectory
Contest in the most populous Spanish region will help determine whether the conservative People’s Party will take a moderate or hard-line approach in the 2027 general election.
Pistons force Game 7 with 115-94 win over Cavaliers behind Jalen Duren's redemptive 15 points, 11 rebounds
Your Social Feed Is Buzzing With Health Advice. But Read This First.
Ultimately, there's one golden rule.
Scientists Say a 40-Year-Old Childhood Obesity Warning May Be Completely Wrong
A long-accepted explanation of childhood growth patterns is now being challenged by new research that questions whether BMI changes in early life reflect fat accumulation at all.
7 AI Tools to Build a One-Person Business in One Weekend (No Staff, No Code)
Smart systems to help solopreneurs scale fast.
Strange Metal From Beyond Our World Spotted in an Ancient Treasure Stash
More precious than gold.
Preakness Stakes 2026 predictions, odds, horses, time: Win, place, show, exacta, trifecta, superfecta bets
Jody Demling has revealed his win, place and show picks for the Preakness Stakes 2026 on Saturday, May 16
Hundreds of nurses at SSM Health St. Mary's Hospital in Madison working to unionize
Hundreds of nurses at SSM Health St. Mary's Hospital in Madison are working to unionize.
The Brabus Bodo Makes Aston’s Vanquish Look Underpowered And Cheap
The exclusive GT honors Brabus founder Bodo Buschmann and features a twin-turbo V12 with nearly 1,000 hp
Thurston County auction business sentenced for illegal ivory sale
A Thurston County auction business was sentenced on Wednesday after pleading guilty in a case involving the illegal sale of a figurine carved from ivory.
These Oshkosh residents want you to log off and talk politics — in real life - Wausau Pilot & Review
by Miranda Dunlap / Wisconsin Watch, Wisconsin Watch May 13, 2026 Click here to read highlights from the story Oshkosh resident Nikolas DeGroot started
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.
Alexi: IL must be good for business
In a family business, "there's no such thing as a weekend. There's no such thing as nights off."
Blue whale skeleton will soon be on display at Hatfield Marine Science Center in Newport
A blue whale skeleton is being assembled at Oregon State University’s Hatfield Marine Science Center in Newport. The project is the culmination of more than 10 years of effort.
Whole Hog Politics: Idiocracy alert
It is easy — indeed, too easy — to see the damage that the COVID-19 pandemic and lockdowns did to America’s young people. I say “too easy” because, as the most recent estimates from Stanford University’s Educational...
What It Takes To Build A Lasting Family Business. Plus: Catch Hiring Managers’ Attention In 11 Seconds
Welcome to this week’s ForbesWomen newsletter, which every Thursday brings news about the world’s top female entrepreneurs, leaders and investors straight to your inbox.
Thurston County business pleads guilty to illegal sale of elephant ivory figurine
JOINT NEWS RELEASE Washington State Attorney General’s Office and Washington Department of Fish and Wildlife Police OLYMPIA – A Washington Department of Fish and Wildlife (WDFW) Police investigation, prosecuted by the Attorney General’s Office (AGO), into the illegal sale of a figurine carved out of elephant ivory has resulted in a guilty plea, fine, and wildlife penalty for a Thurston County business.
Hayden Panettiere reflects on dating 30-year-old Milo Ventimiglia when she was 18, predicts her daughter will do the same
Hayden Panettiere is preparing for her 11-year-old daughter to date an older man after the actress dated her 30-year-old 'Heroes' costar Milo Ventimiglia when she was just 18.
The Analogue 3D is finally getting save states
A new firmware update for Analogue’s 4K N64 clone will let you save your progress at any point during a game.
Caesars Entertainment: Potential Sale On The Way?
Caesars Entertainment, Inc. is rated a Hold, trades at a justified discount due to low EBITDA growth and high leverage. Learn more about CZR stock here.
The Lancia 037 Tribute Just Got A 1,000 HP V8 From Koenigsegg
Kimera's K39 swaps the brand's twin-charged four-cylinder for a Koenigsegg-sourced twin-turbo V8 making 1,000 hp
How this South Jersey multi-sport athlete made her way onto the U.S. Special Olympics roster
Florida city offers businesses year of free rent. How it works
Hialeah is offering businesses one year of free rent — if they're willing to move into a city-owned building.
Preakness Stakes 2026 predictions, odds, horses, time: Win, place, show, exacta, trifecta and superfecta picks
Jody Demling has revealed his win, place and show picks for the Preakness Stakes 2026 on Saturday, May 16
Nevada District to Buy Science Textbooks; New Jersey District Looks for Instructional Management System
A Nevada district is looking for science textbooks, while a New Jersey school system seeks an instructional management system.
Entertainment: Book of Mormon Sales begin, Hoku Finalists
"The Book of Mormon" returns to the Blaisdell Concert Hall later this year after a sold out Honolulu run nearly a decade ago.
Can fossilized vomit tell you what prehistoric animals ate?
Learn how paleontologists study fossilized vomit to explore what prehistoric predators ate.
Jurors struggle to decide Harvey Weinstein's rape retrial
The jury in Harvey Weinstein’s rape retrial says it's at loggerheads, but a judge has told the panel to keep trying for a verdict. The signs of stalemate emerged Friday,
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.
Rep. Chris Deluzio targets rising youth sports costs in Let Kids Play Act
'Youth sports should not be a luxury item,' Deluzio said.
Rep. Chris Deluzio targets rising youth sports costs in Let Kids Play Act
'Youth sports should not be a luxury item,' Deluzio said.
CMC staff focus on mental health
California Men’s Colony (CMC) staff came together for a wellness-focused event hosted by the institution's Mental Health Department.
A ‘Devil Wears Prada 2’ Actor’s Performance Is Drawing Backlash — And His Wife Isn’t Staying Quiet
Reviews of "The Devil Wears Prada 2" have been mostly positive, but this one character has divided the film's fans.
"I cannot condone piracy, but I get why people do" - Subnautica 2 lead designer airs frustration at 'flagrant' pirates
This comes as Subnautica 2 makes a massive splash on Steam and Xbox, boasting over two million copies sold.
Now streaming: Gov. Lamont and legislative leaders take the stage at HBJ Politics & Policy Forum
The full video of Hartford Business Journal’s second annual Politics & Policy Forum is now available, featuring Gov. Ned Lamont’s preview of a third-term agenda and a pointed panel discussion […]
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
MBAs are on sale: Business schools slash tuition by up to 50% as workers scramble to future-proof careers against AI
Save tens of thousands of dollars on an MBA while learning AI-specific skills.
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.
Marathon "overwhelming" for newcomers, director admits as plans for PvE and PvP-lite modes revealed
Game director Joe Ziegler has written a lengthy article about the future of Marathon.
BioWare had a plan to reboot Star Wars: The Old Republic and make it more KOTOR like, but EA's board of directors shut it down
It was to be called The New Republic and make the Star Wars MMO feel much more like KOTOR. Key figures were on board with it. But the idea crashed on the rocks
Active 10-year-old makes his mark as hospital ambassador
Owen Ragsdale is the 2026 Sanford Children's Hospital Ambassador, and so far he is making the hard parts of his life look like fun.
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.
2026 Special Olympics USA Games Announces Opening Ceremony Entertainment Lineup, Tickets on Sale Now
/PRNewswire/ -- Demi Lovato and Jon Batiste will perform during the Opening Ceremony of the 2026 Special Olympics USA Games on June 20 at Huntington Bank...
More taxes on sports betting? NC lawmakers discuss the possibility as industry pushes back
Lawmakers have weighed increasing tax rates on sports betting operators and an additional tax on lottery sales and individual sports bets, sources tell WRAL. No decisions have been made. And the proposals could pose enormous hurdles — and industry opposition.
Future of Sports Analytics: Building Trust and Intelligence with SūmerSports and Cisco
Cisco and SūmerSports demonstrate how on-premise AI infrastructure gives sports organizations the security and trust they need to turn proprietary data into a real competitive edge.
These Are the Most Obvious Signs That You Travel for Business, According to Flight Attendants
Flight attendants share how they identify business travelers, from clothing to behavior, and explain why these passengers are often the easiest to serve.
Inaugural Mind-Body Science and Health lecture planned
The inaugural Distinguished Lectureship in Mind-Body Science and Health will be delivered by Wendy Berry Mendes, Yale University professor of psychology, on May 28 at the Mellon Institute. Mendes will discuss “Affect Contagion: Physiologic Synchrony among Strangers and Close Others,” from 2:30 to 3:30 p.m. in the Mellon Institute Auditorium. The lectureship is sponsored by the Pittsburgh Health Psychology and Behavioral Medicine Research Network, a joint project of Pitt and Carnegie Mellon University, and Pitt’s Center for Mind-Body Science and Health. RSVP as soon as possible to help plan for a reception following the lecture. This is a public event. Students, post-docs, and early-stage investigators are especially encouraged to attend.
Whole Hog Politics: Idiocracy alert
[Watch Whole Hog Politics live: Join us today at 9 a.m. ET at TheHill.com as Chris Stirewalt and host Bill Sammon break down this week’s political news and answer questions from a live online audie…
Urban Science survey: Dealers confident in sales process, wary of AI for lead follow-ups
The sixth annual automotive research study by Urban Science in collaboration with The Harris Poll highlighted that nine in 10 U.S. car buyers said a traditional
Family investors turn to old-economy businesses like dealerships and fisheries to avoid AI disruption
While car dealerships and fisheries are less eye-catching than high-flying AI startups, they offer stability and cash flow that's attractive to family offices.
How Munetaka Murakami is teeing up business for White Sox and Chicago companies
“As soon as we signed him we changed our thinking and moved our ticket sales targets up because we anticipated him bringing in more interest,” Sox chief revenue and marketing officer Brooks Boyer said.
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
BT revives talks for international business sale, Sky News reports
UK's BT is reviving talks over a possible sale or partnership of its struggling international business a year after halting negotiations, Sky News reported.
California bill pushing to keep games playable after server shutdowns passes key hurdle, paving way for full assembly vote
A Stop Killing Games-backed California bill pushing to keep games playable after server shutdowns has passed an appropriations committee vote.
Long-awaited Xbox Elite Series 3 controller leaks in photos from Brazilian government body
Just hours after a new Xbox Cloud Controller was revealed by the same source.
Seesaw rulings on Texas’ smokeable hemp ban is bad for business, retailers say
Some smoke shops say the flurry of court actions since March 31 has already forced them to scale back hours, cut staff and prepare to shut down.
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.
CT health legislation: Focus on vaccines, Medicaid rates, private equity in 2026
Connecticut lawmakers tackled several long-standing healthcare issues during this year's legislative session. Here's what they passed.
Why isn't alcohol seen as a public health emergency?
Why isn't alcohol seen as a public health emergency? Alex Hogan talks to STAT's Isabella Cueto and Lev Facher about their new series on this week's STATus Report.
Florida Chamber poll: Florida’s Republican tilt holds steady
Ashley Moody and Byron Donalds both hold 8-point leads against their likely Democratic rivals.
The postwar UAE and the remaking of Gulf politics – European Council on Foreign Relations
Iran’s attacks on the Gulf have convinced Abu Dhabi that accommodation with Tehran has failed. Leaving OPEC reflects the UAE’s turn towards strategic autonomy,
When screen time crosses a line: Social media’s toll on mental health
Phones are an important part of everyday life for most people. From ordering food, online shopping and connecting with others, the average American spends more than five hours on their phone each day. That’s approximately 1,825 hours per year – the equivalent of two and a half months. Social media use takes up more than […]
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
Lamar Alexander on Six Decades in Power — And the Future of the GOP
Ahead of his new memoir, the former senator reflects on nearly 60 years of public service, the presidents he’s served and Trump’s GOP.
UNMC, UNK celebrate opening of rural health education complex
Kearney facilities expand UNMC offerings in medicine, pharmacy, public health, nursing and allied health.
Revisiting the Blaze Alexander Trade Way Too Early
Introduction On February 5th, 2026 Arizona Diamondbacks GM Mike Hazen sent fan favorite infielder Blaze Alexander to the Baltimore Orioles in exchange for relief pitcher Kade Strowd, along with two minor league prospects, RHP Wellington Aracena and infielder Jose Mejia. It definitely hasn’t been long enough to evaluate this trade fairly, and won’t be for […]
Can flailing Trump hold on to the Senate in the midterms?
Democrats think they can flip the Senate blue in November, and they’re hoping a group of interesting characters will help them do it. This week, Jonathan Freedland is joined by Jonathan Martin of Politico to discuss the chances of such an upset and what it would mean for the president to lose the upper chamber
David Letterman got in one last 'Late Show' jab at CBS when he visited Stephen Colbert: 'Good night and good luck, motherf---ers!"
David Letterman didn't hold back in his message to CBS when he joined Stephen Colbert on 'The Late Show' one last time: 'Good night and good luck, motherf---ers'
'Outlander' boss breaks down the series finale, that post-credits scene, and the stories they never got to (exclusive)
The 'Outlander' series finale provided a few answers and a few questions. Showrunner Matthew B. Roberts breaks down that post-credits sequence and the stories they never got to write.
"Abyss Eye" All 81 Main Set Cards Revealed!
All 81 main set cards from Abyss Eye have been officially revealed! The set will release on May 22nd in Japan. This set is the first to introduce the
Aging Palestinian Leader Boosting His Son’s Political Rise, Officials Say
Mahmoud Abbas’s years in power have been dogged by accusations of corruption. Many Palestinians yearn for fresh leadership.
Connections: Sports Edition today: Hints and answers for May 15, 2026, puzzle No. 599
Welcome to Connections: Sports Edition Coach — a spot to gather clues and discuss (and share) scores.
Picturing Earth in a New Light
A recent analysis revealed where artificial light at night has intensified, as well as where it has diminished.
Google starts rolling out QR code-based Quick Share transfers between Android and iPhone
Android phones that don't have native Quick Share-AirDrop support can now use QR code sharing to send files to iPhones.
Craig Leipold, Local Businesses Buy Saint Paul Hotel
The Minnesota Wild owner, Ecolab, and Securian Financial are new owners of the landmark hotel, which will get a major renovation.
Businesses flock to apply for 1 year of free rent in building owned by city of Hialeah
Women’s Health Services Expanded in Berkeley
Pictured above left to right: Lylia Trieu CMA, Gloria Gomez CMA, Mayte Hernandez CMA, Dr. Isabelle Cohen, Kelly Alvarez CMA, Ania Werynski CMA, Rachel Gonzalez CMA Sutter East Bay Medical Group is expanding women’s health services in Berkeley with the completion of Phase II at the Adeline Care Center, which has been operating since […]
NFL 2026 schedule: Thanksgiving week expands again, five games headline holiday slate
The NFL schedule is officially here, and five games headline an ever-growing list of Thanksgiving-related football.
Business of law: case studies
Examples of the most innovative work and legal services for clients in the Asia-Pacific region
WHO warns nicotine pouch brands targeting youth as sales surge
The World Health Organization (WHO) today issues a strong warning over the rapid global expansion of nicotine pouch products, which are being aggressively marketed to adolescents and young people. WHO notes that regulation in many countries is limited or absent, raising concerns about youth nicotine addiction and related health risks.
A 47-year study reveals when strength and fitness start to fade
A groundbreaking Swedish study that tracked people for nearly 50 years has revealed when the body’s physical decline quietly begins. Researchers found that fitness, strength, and muscle endurance start slipping around age 35, with the decline accelerating over time. But there’s an encouraging twist: adults who became active later in life still improved their physical performance by up to 10 percent.
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 […]
Preakness Stakes 2026 predictions, odds, horses, date: Win, place, show, exacta, trifecta, superfecta picks
Jody Demling has revealed his win, place and show picks for the Preakness Stakes 2026 on Saturday, May 16
Gavin Newsom proposes a California digital software tax
California Gov. Gavin Newsom said it's unfair how some people avoid paying the state sales tax when buying software.
Richmond Buzz: Business by locals, for locals
The Richmond is buzzing with new business. In this Buzz, many have set out to make their storefronts as versatile as possible.
Fresno podcaster launches sports rep firm, signs UFC contender
What originally started off as a media brand built on hustle and relationships has now grown into a full-service athlete marketing venture for Central Valley entrepreneur Frank Dalena. Dalena, the founder of the popular podcast
HOMETOWN ENTERTAINMENT: Local Colors Festival, concerts and outdoor movies are happening this weekend
Weekend Calendar: Travis Tritt and Raul Midón perform Friday night, and Local Colors is happening Saturday