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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

May 15 • 3:04 AM EDT • Politics • adamtooze.substack.com

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May 14 • 4:08 PM EDT • Entertainment • fox2detroit.com

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May 14 • 10:04 AM EDT • Business • howardcommunitycollege.substack.com

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May 12 • 8:00 PM EDT • Science • news.siu.edu

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May 11 • 8:00 AM EDT • Science • research.arizona.edu

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May 10 • 9:07 PM EDT • Politics • nytimes.com

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May 10 • 3:47 PM EDT • Sports • sports.yahoo.com

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May 9 • 2:00 PM EDT • Science • thedailytimes.com

Review: FRANKLINLAND Holds the Key to Entertainment at B St. Theatre

Forty years celebrating the iconic B St. Theatre continues with Franklinland, an engaging exploration of power, legacy, and the bonds between father and son. Lloyd Suh’s play about the complexities of Benjamin Franklin has an emotional core that centers on the volatile relationship between the founding father and his son, William. Director Sean Patrick Nill approaches the show with a balance of comedy and sincerity, wasting no time establishing the imbalance between icon and son.

May 8 • 10:45 PM EDT • Entertainment • broadwayworld.com

Microsoft is upgrading Windows 11 touchpad with four new gestures

Microsoft just released new Windows 11 Insider builds featuring massive touchpad gesture upgrades, automatic scrolling, and some system fixes.

May 8 • 10:41 PM EDT • Technology • windowslatest.com

Diamondbacks designate Alek Thomas for assignment, call up top prospect Ryan Waldschmidt

May 8 • 7:15 PM EDT • Sports • sports.yahoo.com

Microsoft brings free Windows 11 upgrade, big improvements to File Explorer, with new builds

Microsoft has released new Windows builds under the Experimental and Beta channels. They bring improvements and fixes.

May 8 • 4:22 PM EDT • Technology • neowin.net

Clever kid builds phone charger powered by pet hamster

The YouTuber turned a rodent's exercise wheel into a tiny turbine.

May 8 • 2:49 PM EDT • Science • popsci.com

2026 National Defense Science and Engineering Graduate (NDSEG) Fellowship Award

First year Materials and Nanoscience graduate student Stéphane Miaule (Tolbert group) has been awarded the 2026 National Defense Science and Engineering Graduate (NDSEG) Fellowship, one of the country’s most prestigious honors for graduate students in the fields of Science, Technology, Engineering and Math (STEM). The program, jointly sponsored by the U.S. Army, Navy, and Air Force, supports doctoral students across a broad range of scientific and technological fields of strategic importance. This highly competitive fellowship provides full tuition, fees, and a monthly stipend for three years. In 2026, only 102 fellowships were awarded nationwide, and Stéphane is the sole recipient from UCLA. Before transferring from Santa Monica College to UCLA, Stéphane interned at NASA’s Kennedy Space Center and Marshall Space Flight Center, where he researched the mechanical and thermodynamic properties of lunar regolith, as well as radiation shielding materials for lunar habitation development. At UCLA, he joined the Soft Materials Research Laboratory under Professor Qibing Pei, focusing on the synthesis and characterization of hafnium oxide nanocomposite scintillators. After earning his bachelor’s degree in chemistry, he remained in the Soft Materials Research Laboratory as a post-baccalaureate researcher for one year before joining Professor Sarah Tolbert’s group as a Ph.D. student. Stéphane’s Ph.D. research is focused on improving the properties of conjugated polymers, which are a family of plastic materials that can conduct electricity. Stéphane is specifically looking at self-assembling polymers that can be processed in water to create light-weight, flexible, high-conductivity polymer devices without the need for toxic or volatile organic solvents. After completing his Ph.D., Stéphane hopes to work in a national laboratory, researching semiconducting polymers for applications in new electronic devices. “The Graduate (1967) featured a memorable scene in which the protagonist was told that ‘there’s a great future in plastics.’ We know this still holds true today, as polymer research has expanded rapidly due to the wide variety of applications these materials enable. Through my work on semiconducting polymers, I hope to contribute to the continued development of plastic electronics,” Stéphane said. Penny Jennings, UCLA Department of Chemistry & Biochemistry, penjen@g.ucla.edu.

May 8 • 1:21 PM EDT • Science • chemistry.ucla.edu

Could Fox Sports actually lose NFL rights?

As pressure builds from Rupert Murdoch and Donald Trump to force the NFL into business with Fox, it could have the opposite effect.

May 8 • 1:05 PM EDT • Sports • awfulannouncing.com

The Mentorship Model That Actually Builds Business Leaders

A psychiatrist's guide to immersive mentorship and the NBA Summer league program developing tomorrow's sports business leaders.

May 8 • 8:00 AM EDT • Business • forbes.com

DOH RECRUITS TEEN HEALTH AND MEDIA SURVEY PARTICIPANTS VIA MAIL

HONOLULU —The Hawai‘i Department of Health (DOH) will conduct the 2026 Hawai‘i Teen Health and Media Survey over the next two months. Information collected will be used to develop and improve health programs and services for Hawaiʻi’s youth. In the coming weeks, some households across the state will receive a mailed letter from DOH with […]

May 8 • 8:00 AM EDT • Health • health.hawaii.gov

Go Topeka holds 45th annual small business awards, celebrating local businesses

The Tee Box won the Small Business of the Year award.

May 7 • 11:22 PM EDT • Business • wibw.com

Class of 2026: Gati Wambura extends her reach as a ‘global health citi

With her Ph.D. from VCU’s Department of Health Policy, the researcher builds on her Kenyan roots and her experience on other continents.

May 7 • 8:00 PM EDT • Health • news.vcu.edu

Interstellar comet 3I/ATLAS contains strange water never seen in our solar system

A mysterious comet from beyond our solar system is giving astronomers a rare glimpse into alien worlds — and it may have formed in a place far colder and stranger than anything around our Sun. The interstellar visitor, called 3I/ATLAS, contains an astonishingly high amount of “heavy water,” far exceeding anything seen in our own solar system.

May 7 • 8:00 PM EDT • Science • sciencedaily.com

IPERS CEO Samorajski resigns

Gov. Kim Reynolds today announced she has accepted the resignation of Greg Samorajski, former chief executive officer of the Iowa Public Employees’ Retirement System. His resignation was received May 1 and was effective immediately. Samorajski was placed on administrative leave March 31 as a result of alleged misconduct allegations. IPERS Chief Benefits Officer Steven Herbert…

May 7 • 5:17 PM EDT • Business • businessrecord.com

UCLA team awarded $5 million DARPA contract to develop AI for math advancement

Fields medalist Terence Tao is part of Team ALPHA, which aims to unlock progress in physics, cryptography and other challenging fields.

May 7 • 4:47 PM EDT • Science • universityofcalifornia.edu

Cboe builds its corporate brand and enters the prediction market

Megan Goett, CMO of Cboe Global Markets, talks about growing the corporate brand with its flagship products at the center

May 7 • 12:59 PM EDT • Business • businessinsider.com

Atlanta Startup BD4 Builds Business Development Platform for Attorneys, Consultants, and Wealth Managers

Founded by Atlanta entrepreneur Gregg Bedol, BD4 helps attorneys, consultants, wealth managers, and other professionals manage relationship-driven business development.

May 7 • 12:56 PM EDT • Business • hypepotamus.com

Yerby Fellows present new research on mental health, stress, and HIV | Harvard T.H. Chan School of Public Health

The Yerby Fellowship Program provides a bridge between academic training in public health-related fields and entry-level faculty positions.

May 7 • 12:03 PM EDT • Health • hsph.harvard.edu

The National Academy of Sciences Elects Two Berkeley Lab Researchers

Two Lawrence Berkeley National Laboratory (Berkeley Lab) scientists have been elected to the National Academy of Sciences (NAS) in recognition of their distinguished and continuing achievements in original research. They are part of a cohort of 120 new members and 25 international members. The National Academy of Sciences is a private, nonprofit institution that was established under a congressional charter signed by President Abraham Lincoln in 1863. It recognizes achievement in science by election to membership, and — alongside the National Academy of Engineering and the National Academy of Medicine — provides science, engineering, and health policy advice to the federal government and other organizations. The 2026 electees bring the total number of active members to 2,705 with 557 international members. Gary Karpen is a biologist senior faculty scientist in Berkeley Lab’s Biological Systems and Engineering Division and a Professor of Cell and Developmental Physiology in the Department of Molecular and Cell Biology at UC Berkeley. Karpen studies how the structure, organization, and maintenance of genetic material impact inheritance and cell function. His lab focuses on chromatin — a packaged form of DNA strands wrapped around proteins that comprises our chromosomes — with a particular emphasis on centromeres, rarely expressed sequences called heterochromatin, DNA repair, and regulatory RNAs. His research reveals insights into fundamental aspects of nuclear organization and genome regulation that are shared across the tree of life, broadening our understanding of cancer and other diseases, birth defects, and aging. Kam-Biu Luk is a Professor Emeritus of physics at UC Berkeley and a retired senior faculty scientist in Berkeley Lab’s Physics Division. He is an experimental particle physicist whose research has focused on neutrinos: nearly massless, electrically neutral elementary particles that can pass through matter virtually undetected. Neutrinos are created during radioactive decay processes, including the fusion process occurring in stars and the fission process that powers nuclear reactors. Luk initiated and co-led the Daya Bay Reactor Neutrino Experiment, a project based in China with more than 200 international collaborators. In 2012, the Daya Bay experiment discovered a new form of a phenomenon called “neutrino oscillation” in which neutrinos change from one type to another. For this discovery, Luk and his collaborator Yifan Wang received the 2014 American Physical Society Division of Particles and Fields W.K.H. Panofsky Prize for outstanding work in experimental particle physics, and he was also the co-recipient of the 2016 Breakthrough Prize. Luk is currently participating in the Deep Underground Neutrino Experiment (DUNE) hosted by Fermi National Accelerator Laboratory, which will investigate any potential difference in behavior between neutrinos and antineutrinos that may shed light on the evolution of the universe, especially why antimatter is absent in the present universe. ### Lawrence Berkeley National Laboratory (Berkeley Lab) is committed to groundbreaking research focused on discovery science and solutions for abundant and reliable energy supplies. The lab’s expertise spans materials, chemistry, physics, biology, earth and environmental science, mathematics, and computing. Researchers from around the world rely on the lab’s world-class scientific facilities for their own pioneering research. Founded in 1931 on the belief that the biggest problems are best addressed by teams, Berkeley Lab and its scientists have been recognized with 17 Nobel Prizes. Berkeley Lab is a multiprogram national laboratory managed by the University of California for the U.S. Department of Energy’s Office of Science. DOE’s Office of Science is the single largest supporter of basic research in the physical sciences in the United States, and is working to address some of the most pressing challenges of our time. For more information, please visit energy.gov/science.

May 7 • 11:00 AM EDT • Science • newscenter.lbl.gov

Bryan Reynolds joins elite Pirates company

Ryenolds in one of five now.

May 7 • 6:01 AM EDT • Sports • sports.yahoo.com

Ohio abortion rights advocates concerned about health access as US Supreme Court mulls mail access

As the U.S. Supreme Court temporarily holds off a ban on telehealth abortion pill care, Ohio reproductive rights advocates and clinics say the potential loss of that type of abortion access will cause uncertainty and direct impacts to public health and wellbeing.

May 7 • 3:55 AM EDT • Health • ohiocapitaljournal.com

Enloe Health holds Nurses Making a Difference Award Ceremony during Nurses Week

Darrell Daugherty, a perioperative registered nurse at Enloe Health in Chico, has been named the second annual recipient of the health system’s Nurses Making a

May 6 • 8:57 PM EDT • Health • krcrtv.com

Softball playoff winners lead Week 11 girls spring sports top performers

Top softball playoff performances, like Reynolds' Maggie Nesbitt, lead the list of Week 11 WNC high school spring sports girls top performers.

May 6 • 3:18 PM EDT • Sports • citizen-times.com

Benicia's local businesses thrive with support from the community

Benicia is a quiet little town where everyone seems to know each other. A place where small local businesses can flourish with the support of the community.

May 6 • 2:38 PM EDT • Business • abc7news.com

'Dutton Ranch' — the new 'Yellowstone' spinoff — follows Beth and Rip to South Texas: Here's what we know about the series

The series, which builds on characters originally created by Taylor Sheridan and John Linson, picks up a year after "Yellowstone" ends with Beth and Rip buying a ranch in Dillon, Mont.

May 6 • 2:35 PM EDT • Entertainment • yahoo.com

Bryson DeChambeau weighs potential of playing golf on YouTube full time if LIV Golf folds

The two-time U.S. Open champion has been public about his desire to take his side hustle full-time the last few months

May 6 • 10:31 AM EDT • Sports • cbssports.com

AMETEK Announces Agreement to Acquire Indicor Instrumentation — Clayton Dubilier & Rice, LLC | Building Businesses Building Value

We are a global private equity manager that invests in and builds valuable businesses.

May 6 • 6:12 AM EDT • Business • cdr.com

China builds first ‘coal battery’, war on Alzheimer’s: 7 science highlights

From a zero emission ‘coal battery’ to China’s war on Alzheimer’s, here are some highlights from SCMP’s recent science reporting.

May 6 • 3:15 AM EDT • Science • scmp.com

Samsung’s already preparing Galaxy S26 One UI 9 beta update

Samsung appears to already be developing the first Galaxy S26 One UI 9 beta builds even as customers wait for the official One UI 8.5 update.

May 5 • 11:19 PM EDT • Technology • sammobile.com

New AI method tackles one of science’s hardest math problems

Penn researchers have developed a smarter AI method for solving notoriously difficult inverse equations, which help scientists uncover hidden causes behind observable effects. By introducing “mollifier layers” that smooth noisy data, they’ve made these calculations more stable and far less computationally demanding. This could transform fields like genetics, where understanding how DNA behaves is key to disease research.

May 5 • 8:00 PM EDT • Science • sciencedaily.com

Cary business broken into; $45,000 worth of trading cards stolen

Triangle Area Trading Cards was broken into on Tuesday morning, leading to a rough wake-up call for store co-owner Adam Reynolds. Reynolds said two people were involved in the burglary.

May 5 • 2:31 PM EDT • Business • wral.com

U.K. 30-Year Gilt Yields Hit 28-Year High Amid Political Concerns

Borrowing costs on U.K. 30-year government bonds surged ahead of local elections on Thursday due to concerns about a potential political crisis in the U.K.

May 5 • 1:00 PM EDT • Politics • wsj.com

US bond yields have passed dangerous level, signal weakness for stocks

The yield on the 30-year US bond rose past 5%, surpassing a key psychological threshold that could weigh on stocks as markets worry about inflation.

May 5 • 10:39 AM EDT • Business • businessinsider.com

NASA Volunteers Double Known Population of Brown Dwarfs

A new paper from NASA’s Backyard Worlds: Planet 9 project announces that volunteers have essentially doubled the number of known brown dwarfs, with over 3,000 new discoveries made over the past 10 years since the project began. Brown dwarfs are balls of gas the size of Jupiter, less massive than stars. There’s one for every three or four stars near the Sun.

May 5 • 9:48 AM EDT • Science • science.nasa.gov

‘World’s Most Evil Killers’ Library Lands at Radial Entertainment

Radial Entertainment secures all 10 seasons of true crime series 'World’s Most Evil Killers,' with Seasons 9 and 10 launching on FilmRise in May.

May 5 • 9:00 AM EDT • Entertainment • variety.com

Eyeballing Woodburn: OYSA, Woodburn SD partnering on big sports complex

Something special this way comes. And Woodburn and is line to benefit greatly from it. The Oregon Youth Soccer Association, and its fundraising arm known as COGEO, have partnered with […]

May 5 • 7:30 AM EDT • Sports • woodburnindependent.com

Contributor: How the waste in healthcare drives the U.S. debt

About half of U.S. healthcare spending yields no added health benefit. Taxpayers foot much of that bill.

May 5 • 6:01 AM EDT • Health • latimes.com

Phil Foden: Man City star agrees to sign new four-year deal as he approaches final year of contract

Phil Foden has agreed to sign a new contract at Man City; the 25-year-olds existing terms are due to expire in the summer of 2027

May 5 • 4:56 AM EDT • Sports • skysports.com

U.S. Embassy Supports Tunisian Business Delegation at 2026 SelectUSA Investment Summit - U.S. Embassy in Tunisia

U.S. EMBASSY SUPPORTS TUNISIAN BUSINESS DELEGATION AT 2026 SELECTUSA INVESTMENT SUMMIT The SelectUSA Investment Summit is the premier U.S. investment event, connecting thousands of investors, companies, economic development organizations, and industry experts to make deals happen. Media Note TUNIS, May 5, 2026 – U.S. Embassy Tunis is pleased to support a delegation of 11 Tunisian companies traveling to the United States to participate in the 2026 SelectUSA Investment Summit at National Harbor, Maryland, May 3-6, 2026. The Summit is an opportunity for these dynamic entrepreneurs to establish new connections and explore business and investment opportunities in the United States. This year, three Tunisian women entrepreneurs and members of the delegation representing Spiraw and Sotetel were accepted into the Select Global Women in Tech year-long mentoring program which will kick off at the summit. Since 2022, more than 50 Tunisian entrepreneurs in fields ranging from e-gaming, robotics, software engineering, coding, online fashion, and green tech have participated in SelectUSA Investment Summits, where they have taken their businesses to the next level. Hosted by the U.S. Department of Commerce, the SelectUSA Investment Summit is a one-stop shop for companies considering expanding to the United States and provides economic development organizations (EDOs) with the opportunity to meet directly with international companies to facilitate investment deals. Since inception, the SelectUSA Investment Summit has attracted tens of thousands of companies and economic development representatives, generating over $250 billion in new investment projects that support more than 125,000 jobs across the United States and its territories. The previous SelectUSA Investment Summit saw record-breaking numbers with more than 5,500 participants, including EDOs from 54 U.S. states and territories and over 2,700 business investors from 100+ countries, including Tunisia. The following Tunisian businesses will take part in this year’s SelectUSA delegation: AquaDeep – Revolutionizes aquaculture with AI-powered monitoring solutions, including a real-time larva counting system and a SaaS platform for environmental monitoring. The company is expanding operations across Tunisia, Europe, Africa, and the United States. Bouraoui Group – Specializes in event venues, hospitality experiences, innovative real estate development, and technology driven customer solutions. The business develops experience- focused and tech enabled lifestyle destinations that combine entertainment, culture, retail, and smart services, and is seeking international partners to co-develop hospitality, PropTech, smart retail, and experiential digital projects. Digital Cook – Builds HR and recruitment software solutions, including HRMS, ATS, and custom tools that streamline hiring, employee management, and talent development. It provides custom software, system integration, and scalable HR platforms for SMEs, large enterprises, and recruitment agencies seeking efficient, user-friendly ways to manage their workforce and improve recruitment. El Kanaouet – Provides high-quality and low-cost hydraulic infrastructure for the supply and distribution of drinking water. The company manufactures prestressed concrete structures based on current technological developments in the field and trends in integrated and digitalized management. El Kanaouet aims to enter the U.S. market with its production of centrifugal prestressed concrete pipes and other technical products and services. Fluoink Nanotechnologies – A deep‑tech startup developing next‑generation antimicrobial additives for paints, coatings, and industrial materials, enabling everyday surfaces to act as long‑lasting barriers against harmful bacteria and pathogens without changing their appearance or performance. Mare Custos – A subsea robotics company specializing in ROV-based underwater inspection services for offshore energy, ports, and marine infrastructure, using high-precision imaging, PAUT, and NDT to inspect structures in challenging conditions. SmartMed SA – A fast-growing digital health company operating in Tunisia, Algeria, and Morocco, offering an integrated ecosystem that helps patients book appointments (MedPro), enables clinics to digitize workflows and EMRs (MedLink), and supports targeted digital marketing for healthcare and pharma (MedAds). With millions of appointments and users, SmartMed has become a leading e-health platform in North Africa. Sototel – Builds telecommunications networks and services, including fixed, radio, and mobile networks. Sototel focuses on technological innovation and continuous improvement, providing high-value-added digital solutions. SOTUPRIN HGE – Specializes in manufacturing household electrical appliances under the brand HGE and OEM. Expanded from the local market to North Africa, Central Africa, the Middle East, and Europe. Spiraw by Food4Future – Designs and manufactures smart, AI-powered cultivation systems allowing individuals and businesses to grow fresh, highly nutritious food – starting with spirulina – directly at the point of consumption. Combining patented hardware, controlled-environment agriculture, and a connected app with an AI assistant, Spiraw aims to decentralize food production and create a new category at the intersection of agri-tech, consumer health, and smart home ecosystems. WaterSec (Istidama) – A climate-tech startup that uses IoT, AI, and smart sensors to help high consumption facilities (such as industries, hotels, and commercial buildings) monitor water use in real time, detect leaks, and optimize consumption. The company’s digital platform turns raw water data into alerts and actionable insights, making water management more transparent, proactive, and sustainable. Learn more about the SelectUSA Investment Summit at https://www.selectusasummit.us/. Follow live developments from the summit on X at https://x.com/SelectUSA.

May 5 • 4:55 AM EDT • Business • tn.usembassy.gov