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After 11 years away from red carpets, Joan Cusack returns for ‘Toy Story 5’
Joan Cusack's red carpet return isn't a comeback story — it's a context story.
Ozarks Sports Zone Digital Extra: Spring high school sports ending; MSU vs. Arkansas baseball preview
High school spring sports are coming to an end in the Ozarks. Also, Missouri State University baseball plays rival Arkansas in the Kansas baseball NCAA Regional.
International Flavors and Fragrances nears $4 billion deal to sell food ingredients business, WSJ reports
International Flavors & Fragrances was nearing a deal to sell its food ingredients business to private equity firm CVC Capital Partners for more than $4 billion, the Wall Street Journal reported, citing people familiar with the matter.
Drive-thru coffee, cryotherapy, pilates: Experts share retail trends after Las Vegas event
Dozens of Louisiana real estate expert joined more than 20,000 investors and brokers at the ICSC convention in Las Vegas last week. The lack of new shopping center space and demand from coffee drive-thru chains were the main takeaways.
NBA player Terry Rozier hit with new bribery charges in sports gambling sting
Federal prosecutors have indicted ex-Miami Heat guard Terry Rozier on additional charges in connection with a sports gambling sting, alleging he took a hefty bribe to exit a game early in March 2023.
Ex-Miami Heat player Terry Rozier facing additional bribery charges in sports gambling sting
Federal prosecutors have indicted ex-Miami Heat guard Terry Rozier on additional charges related to a sports gambling sting.
Paul Skenes strikes out 10, including 7 of first 8 batters, but Pirates' defense falters in loss to Cubs
Feds say ex-NBA player Terry Rozier accepted $100K bribe in sports betting scheme
Federal prosecutors filed additional charges of sports bribery and honest services wire fraud conspiracy against the former Miami Heat guard.
Fireweed pitch: Unwinnable Democrats should back GOP, independents
If Democrats cannot win the 1st U.S. Congressional District race in Montana, the party is better positioned backing select moderate Republicans or independent candidates who can advance at least some of the agenda. That’s what Fireweed Campaigns, a self-described politically independent Helena-based firm with only Republican clients pitched to a room of approximately a dozen ‘Democrat-adjacent’ strategists mixed with representatives during a quiet strategy meeting in Anaconda in the summer of 2025.
Lakers lay off more than a dozen employees in business reorganization: report
The Los Angeles Lakers are making big changes behind the scenes. ESPN reports that the organization has laid off more than a dozen employees. The layoffs are part of reorganization efforts under ne…
Paducah police investigating after boat reported stolen from business
Police are searching for a boat reported stolen from a western Kentucky business.
UAMS College of Public Health Celebrates Class of 2026
The smiles and hugs were plenty as the University of Arkansas for Medical Sciences (UAMS) Fay W. Boozman College of Public Health recognized its newest graduates during its 2026 commencement at Little Rock’s Arkansas Museum of Fine Arts. There were 72 graduates in this year’s class. Stephanie Gardner, Pharm.D., Ed.D.,…
Heroes of Might and Magic: Olden Era reveals early access roadmap as publisher Hooded Horse celebrates 1m copies sold during its first month
Hooded Horse and developer Unfrozen have announced Heroes of Might and Magic: Olden Era has sold 1m copies so far and revealed a notable roadmap.
Americans are dropping out of Obamacare, especially in Kentucky
More Americans are dropping out or being kicked off Obamacare health insurance for non-payment than in past years, according to data through April from half a dozen states that sell the plans themselves.
Eurozone Economic Confidence Rises Despite Iran War Energy Shocks
Selling-price expectations eased across all business sectors, interrupting the steep upward trend seen in the last two months.
Ozempic may be reshaping the brain, scientists say
The research has implications for addictive behaviors and diseases of aging such as Alzheimer’s.
Ozempic may be reshaping the brain, scientists say
The research has implications for addictive behaviors and diseases of aging such as Alzheimer’s.
ND Sports Scores for the week of May 25
Sports scores for the ND high school and college teams for the week of 5/25/2026
Lakers layoffs part of sweeping changes to business operations
More than a dozen people were informed they would be losing their jobs, including those in marketing, communications and team content.
Lakers layoffs part of sweeping changes to business operations
More than a dozen people were informed they would be losing their jobs, including those in marketing, communications and team content.
Sources: Lakers go through round of layoffs amid business reorganization
Team employees in communications, content, partnerships and other departments were part of Wednesday’s staff reductions, totaling more than a dozen people. The franchise had already undergone significant changes on the business side since M…
How a health clinic in South Africa is navigating Trump's cuts to HIV funding
Community health programs in South Africa have been heavily impacted by U.S. cuts to global aid. Which means there are fewer community and health workers to support low-income people with HIV and AIDS.We recently visited one of those programs, called We Care, to learn more about the experiences of the few employees who still remain.For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org. Email us at considerthis@npr.org.This story was supported by the Pulitzer Center.This episode was produced by Matt Ozug, Karen Zamora and Elena Burnett, with audio engineering by Peter Ellena.It was edited by Patrick Jarenwattananon and William Troop.Our executive producer is Sami Yenigun.
Source: Lakers lay off over a dozen amid business-side reorg
The Lakers informed more than a dozen employees Wednesday they were being laid off as part of a reorganization under new franchise leadership, a source familiar with the situation told ESPN.
Coming to Miramar: Nearly 3,000 homes, new hotel and entertainment district with bars, restaurants and shops
Miramar Cove will feature 2,874 residences along with a 185-room hotel and dozens of restaurants, bars and shops centered around tree-lined streets and a signature waterfront area.
Openings, closings and ownership changes: The latest in Centre County business news
A new barbershop opened its doors, while plans were announced for new restaurants, a pickleball club and more.
Inside the Collapse of Providence Health Plan
It is impossible to know if CEO Don Antonucci could have done anything to avert the Portland company’s looming demise. But a dozen-plus current and ex-employees feel there is more to the story than Providence management let on.
Schaeffler, Spire Global team up for space hardware, satellite platforms in Europe
Schaeffler and U.S.-based satellite operator Spire Global have signed a memorandum of understanding to jointly develop space hardware and satellite platforms for European defence, weather and security applications.
Asking Eric: My sister is freezing me out over politics. Should I fight for our relationship?
Advice from R. Eric Thomas.
Everton's summer and the need for urgency
(Photo by George Wood/Getty Images)The 2025-26 season has come to a close with significant questions that need answering.Whether that’s by the owners, the CEO or the manager, Evertonians need to kno...
Craig Kimbrel’s Rays Debut Pushes Him Closer to MLB Record
Journeyman closer Craig Kimbrel suddenly finds himself close to an all-time record tied by Rich Hill in 2025.
Gov. Whitmer (D-MI), Mike Pence & Pete Buttigieg on Bridging Political Divide
Former Vice President Mike Pence, former Transportation Secretary Pete Buttigieg, and Gov. Gretchen Whitmer (D-MI) gather at a policy conference in Mackinac Island, Michigan, addressing topics like bridging the political divide.
Packers RB Josh Jacobs arrested Tuesday on 5 charges
The Packers running back was arrested and booked on Tuesday.
Why aren’t Democrats talking about Trump’s health?
President Trump visited Walter Reed on Tuesday, raising fresh concerns about his health. From appearing to doze off in cabinet meetings to visible ankle swelling and bruising on his hands, Americans are asking questions — but why aren't Democrats seizing on the issue? The Bulwark's Lauren Egan, Reuters White House reporter Bo Erickson, and The Atlantic staff writer and MSNBC political contributor Mark Leibovich join Katy Tur with reporting and analysis.
Endorsement chaos sows confusion in Georgia’s Republican U.S. Senate runoff
The battle for support in Georgia’s GOP Senate runoff is heating up — along with confusion, as about a dozen officials appear on both candidates’ endorsement lists.
Raise a glass: Ohio debuts Hard Cider Trail
Those 21 and older can pick up the Ohio Hard Cider Trail passport at more than a dozen participating cideries.
Dozens of Philly nightlife spots want to party until 4am during World Cup
Philly is joining other host cities in pushing back last-call in order to capitalize on the inrush of tourists poised to visit for the global tourney.
Greg Hinz: As mayoral field forms, Mendoza targets Johnson on TIFs
Susana Mendoza’s attack on TIF sweeps may be the opening salvo in a crowded mayoral contest.
Loyola’s Data Science in Everyday Life
Loyola University Maryland will hold “Data Science in Everyday Life: Applicability, AI, and Other Trends,” a networking and panel event exploring data science from a range of perspectives across industry and government.A keynote address delivered by data science industry expert David Norton, MBA ’95, will begin the event. Norton is the chairman and chief marketing officer of GALE Partners, a digital and analytics-based branding agency. He was named Chief Marketing Officer of the Year in 2010 and wrote “The High Roller Experience,” a book about data-driven marketing.Norton will moderate the panel discussion, which includes:• Elise Beisecker, senior data scientist in the U.S. Government Accountability Office• Amanda Muller, Ph.D., chief of responsible technology at Northrop Grumman• Franklin Hernandez, MBA ’13, M.S. ’20, senior lead machine learning engineer at Booz Allen Hamilton• Joseph Girsch, M.S. ’21, machine learning analyst at The Johns Hopkins University Applied Physics Laboratory• Mark Wicks, retired vice president of data science, data scientist, machine learning engineer and software developerHernandez and Girsch each earned an M.S. in Data Science from Loyola.The event is free and open to the public. Networking and appetizers will begin at 5:30 p.m. followed by the keynote address and panel discussion at 6:30 p.m. and audience questions and closing remarks at 7:30 p.m. To learn more and register to attend or stream the event online, visit the event webpage.
Area malls grapple with closures of former ‘anchors’
The shutdown this month of the Saks Fifth Avenue department store chain leaves a dozen retail landlords with hundreds of thousands of square feet to refill or repurpose, and has retail experts rethinking the traditional mall anchor store.
Misiorowski strikes out a dozen in Milwaukee's win over Cardinals
The flame thrower from Western Missouri carried a no-hitter into the sixth inning. The Cardinals' Matthew Liberatore also set a career high for strikeouts with 10.
Freeport Memorial Day event spreads mental health awareness
Dozens gathered Monday in Freeport’s Arts Plaza for an event that combines a Memorial Day ceremony with mental health awareness.
Gold Does Not Tarnish Like Other Metals And Scientists Finally Found a Major Reason Why
Gold’s shine may depend on a hidden atomic rearrangement at its surface.
Scientists discover why Ozempic and Wegovy weight loss eventually plateaus
New NIH research reveals that semaglutide sparks different responses inside appetite-controlling brain cells, offering fresh insight into why GLP-1 weight-loss drugs don’t work the same for everyone. Scientists also found a possible way to extend the drugs’ effects, potentially helping patients push past weight-loss plateaus.
Gordon Monson: A ranking of the 31 most important, most prominent athletes in the state of Utah
From AJ Dybantsa to Zavier Gozo, these are the state’s biggest stars, The Tribune columnist writes.
Semiconductor decoupling. Powell's politics. Industrializing Ogaden. Free trade and the Magna Carta.
Thank you for opening your Chartbook email. Feliks Topolski, 1907-1989 8th Army’s Front, Italy 1944 Semiconductor decoupling Source: FT One thing that Jerome Powell deeply understood is that chairing the Fed under current conditions is a deeply political job. “Powell has successes and mistakes to his name. But he stands out as having thought more carefully about the Fed’s democratic legitimacy than any chair since Paul Volcker,” said Paul Tucker, a former deputy governor at the Bank of England, referring to the Fed chair who successfully fought the great inflation of the 1970s and early 1980s. … While Powell was at the Treasury in the early 1990s, he watched Alan Greenspan build relationships within the government. That convinced Powell he needed to follow the former Fed chair’s lead and spend more time in Congress than his predecessors Yellen and Bernanke. “The accountability for the Fed runs through Congress,” said Claudia Sahm, a former Fed official who is now chief economist at New Century Advisors. “That’s not just about having people on speed dial — it’s answering questions, explaining policy and getting feedback.” Source: FT Ethiopia’s PM Abiy and Nigerian business tycoon, with Chinese engineering, are driving industrialization in Ogaden/Somali region of Ethiopia. - Michael Masri’s reporting for Africa Report if fascinating. Ethiopia has launched a cluster of large industrial schemes in the Somali region, laying foundation stones for a urea plant and an oil refinery in Gode while opening the first two phases of the Ogaden LNG project. Abiy Ahmed framed the push as part of a broader strategy to link energy, agriculture and industry. “These projects embody more than industrial growth,” he said. “They represent our shared responsibility to harness opportunities, strengthen co-operation and promote peace.” The Gode urea plant, backed by Dangote Group and Ethiopian Investment Holdings (EIH), is designed for 3m tonnes a year. Dangote owns 60%, while EIH holds 40%. Officials say Dangote’s equity totals about $2.5bn, while the state provides land and implementation oversight. Gas from the Calub fields will be piped 108km to the site. Construction is slated for 40 months, with operations targeted for 2028. Ethiopia imports most of its fertiliser, spending more than $1.2bn a year for 1.5m–2m tonnes. Usage was roughly 1.7m tonnes in 2023, almost half of it urea, and demand for 2024–25 is put above 2.4m tonnes. If delivered on time, the Gode plant could cover domestic needs and allow exports to neighbours. Brook Taye, chief executive of EIH, called the venture “a significant milestone in the journey toward industrial self-sufficiency”. Dangote told the groundbreaking crowd that the complex would be integrated with gas supply and a polypropylene unit to support local inputs. He pointed to Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), with a capacity of more than 5,000MW, and noted his group’s cement operations and expansion plans. The Gode refinery is being developed by Golden Concord Group of China. It is designed to process 3.5m tonnes a year of crude and condensate from the Hilala field, with associated storage. Backers say it will ease foreign-exchange pressure from fuel imports and anchor further industrial activity, including a proposed steel smelting site in Dire Dawa. GCL’s chair, Zhu Gongshan, cast the project as “a key step in Ethiopia’s path to energy sovereignty”, underscoring the Beijing–Addis ties. Financing details are still being finalised, but the refinery is central to the government’s energy-security narrative. Source: The Africa Report Dangote’s Ethiopian vision: Dangote began with cement. His crown jewel, Dangote Cement, dominates Nigeria’s market and has 10 operations in other nations in Africa. The formula has been consistent: identify sectors with chronic shortages – cement, fertiliser, sugar – commit massive local investments, and scale up to serve regional demand. Ethiopia was a natural extension of that model. In 2015, Dangote launched the Mugher Cement Plant outside Addis Ababa at a cost of $600m, with an annual capacity of 2.5 million tonnes. The investment gave him a firm foothold in one of Africa’s fastest-growing construction markets. But success came with risks. In May 2018, violent unrest led to the killing of Dangote’s country manager and temporary shutdowns at Mugher. While other investors might have retreated, Dangote doubled down. Today, he is preparing to spend $400m to expand Mugher’s capacity to 5 million tonnes, alongside a new grinding unit near Addis Ababa. Cement is just one market Dangote is targeting. Ethiopia’s enormous state-controlled sugar industry, long plagued by inefficiency and debt, has struggled for years to reform. Its Omo Kuraz Sugar Development Project, touted as one of the continent’s largest initiatives, continues to face delays and mismanagement. … The most ambitious venture of all is the planned fertiliser production complex in Gode, Somali region. Publicised on 28 August 2025, the Dangote Group and Ethiopian Investment Holdings (EIH) deal plans one of the world’s largest single-site urea manufacturing plants. The project costs an estimated $2.5bn and has an estimated capacity of 3 million metric tonnes annually, a rate that would not only render Ethiopia independent, but even a net exporter of fertiliser. EIH, the state wealth fund of Ethiopia, will hold 40%, while 60% is held by Dangote Group. … For Dangote, Ethiopia is a trifecta: Cement demand is projected to grow by 10% annually, its sugar consumption is growing with rapid urbanisation, and fertiliser demand is all but insatiable, given that farming supports the livelihood of 70% of Ethiopians. Source: The Africa Report The stakes for Abiy are high: For Addis Ababa, the $4bn fertiliser project in Ethiopia’s Somali region is no longer simply a manufacturing investment. It is increasingly being framed as a strategic state project tied to food sovereignty, import substitution and the government’s broader attempt to build economic resilience under mounting fiscal pressure. “Becoming self-sufficient in food is our main agenda,” Abiy says during the visit. “Land is needed; we have it. Water is needed; we have it. Human resources are needed; we have it.” The scale is enormous even by African industrial standards. Once operational, the plant is expected to produce three million metric tonnes of urea annually, potentially making it one of the continent’s largest fertiliser complexes. Ethiopian officials say the project now includes a 110km gas pipeline, a 120MW power plant, a polypropylene packaging facility and a two-million-tonne NPK blending plant. For a government grappling with chronic foreign exchange shortages, ballooning import bills and pressure on agricultural productivity, the numbers matter politically as much as they do economically. The decision to anchor the project in Gode is deliberate. Long viewed as peripheral to Ethiopia’s industrial economy, the Somali region is now being repositioned by the federal government as a future irrigation and agro-industrial corridor. Officials argue that the area’s vast land reserves and access to water could eventually support large-scale commercial farming capable of reshaping Ethiopia’s food economy. The government is simultaneously building housing infrastructure for about 5,000 residents near the plant, while officials project broader industrial expansion along the corridor. Abiy goes further, comparing the long-term revenue potential of the Gode development zone with Ethiopia’s flagship state enterprise. “The investments we are making in this Gode area, combined, will generate high revenue for Ethiopia, at par with Ethiopian Airlines,” he says. Source: The Africa Report Feliks Topolski 1907-1982 Topolski’s Chronicle, ‘Nazi Revival’, Vol. 8, Is. 1-2, 1960 HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. Photo by Jakub Dziubak on Unsplash If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Grim vision of drone warfare by Sylvie Kaufmann For contributing subscribers only. Subscribe The state of the art in Colbert-studies. Jean-Baptiste Colbert was Louis XIV chief minister from 1661 to 1683 and traditionally seen as an architect of absolutism and mercantilism. Alexander Hamilton later cited him as an inspiration in 1782. Now his legacy is disputed. Daniel Dessert, the chief critic, sees Colbert as the orchestrator not so much of an absolutist state as of an elite cabal. Would be great to have a good English-language review of this important debate. Source: lhistoire Didn’t know that the Magna Carta included free trade provisions Fighting for the right to the beach in Oregon in 1967: Source: Research Gate RAF Station – British and Polish Flags, c. 1940-45, The Ingram Collection Feliks Topolski, 1907-1989 ink and wash If you’ve scrolled this far, you know you want to click: Subscribe
Top Links 1112 Semiconductor decoupling. Powell's politics. Industrializing Ogaden. Free trade and the Magna Carta.
Thank you for your support of Chartbook. Your generosity keeps this show on the road. Feliks Topolski, 1907-1989 8th Army’s Front, Italy 1944 Semiconductor decoupling
Health Officials Are Perplexed By Hawaiʻi Snorkeling Deaths
Snorkeling claims the lives of dozens of tourists each year. Some who lost loved ones or nearly drowned themselves say not enough is done to warn people of the risks.
Opinion | Forget Ozempic. Brain Health Is the New Wellness Frontier.
We’ve never been so mindful of our minds
Poisonous wild bloom in CA linked to 50 illnesses, 4 deaths
(FOX40.COM) — California health officials are warning residents not to pick or eat wild mushrooms after a prolonged and unusual bloom of poisonous varieties has been linked to dozens of illnesses a…
La Pale: Behind the Brownsville business
BROWNSVILLE, Texas (ValleyCentral) — La Pale may be known for its frozen treats, but the story behind this Brownsville business is even sweeter. La Pale Frozen Fruit Bar has become a familiar name …
Las Vegas Raiders quarterback Fernando Mendoza graduates from Cal's Haas School of Business
Las Vegas Raiders' quarterback Fernando Mendoza has added another chapter to his storybook year - a graduate of U.C. Berkeley's Haas School of Business. Mendoza completed his bachelor's degree in business administration and management in his three years at Cal before transferring to Indiana last year.
Mississippi State clinches first-ever WCWS bid, beating Oklahoma
Mississippi State is headed to the Women's College World Series for the first time in school history.
Best family meals at Costco, according to executive Costco member
My favorite premade meals at Costco for a quick, easy family dinner range from frozen Kirkland Signature salmon to refrigerated proteins and kits.
With Big Decisions Ahead, the Supreme Court Collides With a Testy Trump
President Trump has alternated between bullying the justices and cozying up to them as the court prepares to announce major decisions that will determine the fate of the key aspects of his agenda.
Hims & Hers CEO is plotting new ways to upend traditional health care
Hims & Hers built massive weight-loss markets using telehealth. Peptides, if authorized by the FDA, stand to become a major part of the company’s shift to wellness and longevity.
Opinion
Some fans want Bruce Springsteen to stay frozen in time. But his songs were always more complicated than youthful escape — and so was he.
LeBron James admits he misses Alex Caruso 'every single day'
The Lakers made a pretty big blunder in 2021 when they let Alex Caruso leave in free agency.
AI scans 400,000 Reddit posts and finds hidden Ozempic side effects
By analyzing over 400,000 Reddit posts, researchers discovered that users of popular GLP-1 weight-loss drugs frequently discussed unexpected symptoms like menstrual irregularities, chills, and hot flashes. The findings suggest AI could turn social media into a powerful early-warning system for spotting side effects that clinical trials may miss.
Sounds of gunfire heard near White House
CNN reporters heard what appeared to be dozens of gunshots near the White House on Saturday.
Zach’s Saturday Morning Sports Recap
A round up of the top local sports events happening across West Tennessee.
Wegovy linked to rare “eye stroke” that can cause sudden blindness
A new analysis is raising concerns about Wegovy, the blockbuster weight-loss drug, after researchers found it may carry the highest risk of a rare “eye stroke” that can cause sudden vision loss. The study, based on millions of FDA side-effect reports, found the risk signal was nearly five times stronger for Wegovy than for Ozempic, despite both containing semaglutide.
Bond breakout? Big effects of bad data. Immigration and thermostatic politics & dad-chat is coming for dad-books.
Thank you for opening your Chartbook email. Anna Airy, A Shell Forge at a National Projectile Factory, Hackney Marshes, London, 1918 Bond breakout - John Authers Across the developed markets, bond markets are staging a slow-motion car wreck. Looking at the drastic moves in the US, Japan, the UK and France, Barclays’ Ajay Rajadhyaksha commented: “Last week, long bonds broke. Not in one country. In all of them. Simultaneously. Four countries. Four different political systems. Four different central banks. But the same trade — “get me out of duration!”” Each country has its own contributing political problems, but the uniformity of the shift out of long-term bonds with high duration makes clear that something broader is afoot. For Rajadhyaksha, it is “simple and uncomfortable.” The developed world “has too much debt, too little fiscal discipline, and no political appetite for fixing either.” If there’s a trigger, it has been the Iran war and the resulting shock to oil supply. Source: Bloomberg G7 countries are now borrowing at rates that were enjoyed by EM in the early 2020s For contributing subscribers only. Subscribe Trade between China and Russia has grown in recent years For contributing subscribers only. Subscribe Big effects of bad data A decade ago nearly nine in ten Americans, when approached, agreed to fill out the Current Population Survey, which is administered to about 60,000 households each month and asks about, among other things, employment. Fewer than seven in ten do so now (see chart 1). For the Consumer Expenditure Survey, which tries to capture 3,700 households monthly, the response rate is down from 68% to 40%. … When the information becomes less reliable, investment decisions get more difficult to make. Some may be delayed, creating a potential drag on the economy. A new working paper by Nicholas Bloom of Stanford University, Erica Groshen, former head of the Bureau of Labour Statistics (BLS) now at Cornell University, and Duncan Hobbs and Michael Strain of the American Enterprise Institute, a think-tank, hazards an estimate. Preserving trust in “the integrity and quality of official statistics”, the authors claim, generates economic benefits of about $25 for every $1 spent on the BLS, the agency with an annual budget of $700m that is responsible for many of these data. To arrive at their conclusion the quartet analysed an ignoble episode in the BLS’s recent history. On August 1st 2025 Donald Trump sacked Erika McEntarfer, appointed as the agency’s commissioner by his predecessor, Joe Biden. The president alleged, without evidence, that the BLS’s steep downward revision to recent jobs numbers had been “RIGGED in order to make the Republicans, and ME, look bad”. In fact, it was the wanton dismissal that looked bad in the eyes of many observers. In the following seven days there was a 50% leap, relative to the week before, in the average value of the index of Economic Policy Uncertainty (EPU), which tracks the number of articles mentioning such uncertainty that are published daily in American newspapers. This was a discernible jump even when compared to the chaos caused by Mr Trump’s trade war in April 2025 and his real one in Iran in the past two months (see chart 2). Based on Mr Bloom’s earlier study with other colleagues of the EPU’s impact on business investment, industrial production and employment, the authors estimate that the jump reduced American GDP by over $100bn (0.3%) and non-farm payrolls by 168,000 (0.1%). Source: The Economist Immigration and thermostatic politics (Sarah O’Connor in the FT) A strange thing happened a year and a half ago. No sooner had Americans elected Donald Trump as president on an explicitly anti-immigration platform than US public opinion began to swing much more favourably towards immigration. … to political scientists who study “thermostatic” politics, this development is no surprise at all. Public opinion often moves against the prevailing party, especially if they are perceived to have gone “too far” in one direction. The phenomenon was first explored in the 1990s with reference to fiscal policy, but in recent years it has been particularly evident in the realm of immigration policy. While these swings in opinion polls can make it seem as if people don’t know their own minds, they can be a useful democratic check on governments by sending bright flashing warning lights when policies stray too far from the public’s comfort zone. The problem comes when politicians misinterpret those signals. When people tell pollsters they want less immigration, or think it is bad for the country overall (or the converse), they are often expressing an opinion about how things appear to be going in that moment relative to their preferences, rather than a deep shift in their underlying views. According to Alexander Kustov, a political scientist, most Americans’ views are quite stable and moderate: they support immigration that is controlled and in the national interest, and oppose flows that are disorderly or under-enforced. In the US, he argues the Trump administration over-interpreted dissatisfaction with high immigration under Joe Biden, and implemented policies that went too far for many voters. “People don’t necessarily change their idea about their ideal immigration policy, but they can react to what the government is currently doing,” he told me. “A lot of people are not happy with what the Trump administration are doing — right now we’re not talking about border enforcement, we’re talking about people not just getting harassed, but killed.” But similarly, he added, pro-immigration advocates would be making a mistake to interpret the recent, more favourable swing towards immigration as a deep-seated ideological shift in attitudes. The recent history of UK immigration policy offers another cautionary tale. After the 2016 Brexit referendum, public concern about immigration fell. This was partly because net migration statistics declined, but also because people felt a sense of catharsis and control, says Sunder Katwala, director of British Future, a think-tank. By 2019, the public ranked immigration as only the ninth biggest issue of concern, according to Ipsos polling. But when the Conservative government liberalised visa routes for students and care workers between 2019 and 2022, that helped net migration to surge. And so, too, did public concern. Today’s Labour government has implemented another sharply restrictive turn in immigration policy. As Kustov and researcher Caitlyn Yates argue, thermostatic public opinion should be a useful check on politicians. Instead it seems to have helped to magnify the pendulum swing in the UK. The government over-interprets and overreacts to a change in public opinion, which reacts in turn, prompting a sudden swing the other way. Source: Financial Times HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Anna Airy, Shop for Machining 15-Inch Shells: Singer Manufacturing Company, Clydebank, Glasgow, 1918 Racing for a vaccine … we have been here before! The deadly Ebola outbreak in two African countries driven by a virus species with no vaccine has triggered an urgent search for a potential jab, in a test of troubled global efforts to avert threats posed by emerging diseases. A World Health Organization advisory group is due to would meet on Tuesday to recommend candidate jabs to prioritise for clinical trials, the global health body said. It will assess data including an analysis by the Coalition for Epidemic Preparedness Innovations (Cepi), which was set up after failures in the international response to a previous Ebola crisis. The latest Ebola outbreak in Democratic Republic of Congo and Uganda has infected hundreds of people and killed more than 80, health authorities say. Cepi’s reaction will be a crucial indicator of its progress towards its wider goal of producing vaccines for pandemic threats in just 100 days, despite steep cuts to international health funding. “If there was ever a time that we could show the world why Cepi is needed and show the world why the 100-day mission is needed, it’s now,” Nicole Lurie, the organisation’s executive director for preparedness and response, told the FT. “We’re happy to accept that responsibility, but obviously we need help from partners — particularly financial help in the long run.” DR Congo and Uganda would make the final decision on whether to press ahead with any vaccine candidates endorsed for clinical trials by the WHO experts, the global health body said. “Other ethical and community acceptability issues will be considered,” said the WHO, which declared the latest outbreak a public health emergency of international concern on Sunday. “This will be important to make sure that the trial, if it happens, will be adequately communicated to the population.” Lurie said Cepi had provided information from a survey of research teams and companies working on drugs that might be effective against the Bundibugyo virus behind the outbreak. The organisation hoped soon to announce partners in the quest for a jab, she added, although she declined to give a timescale for when one might be developed. Cepi’s Nicole Laurie said global health bodies were ‘getting some live-fire drills’ with hantavirus and the latest Ebola outbreak. The hunt for a vaccine should be helped by scientific advances including the use of artificial intelligence to find drugs active against viruses, Lurie said. Existing jabs against the Zaire Ebola virus responsible for many previous outbreaks might provide a basis for tackling the Bundibugyo species, she added. “We’ll see how far and how fast we can get,” Lurie said, adding that Cepi had done preliminary work recently on a possible jab for the rat-borne hantavirus responsible for a recent fatal outbreak on a cruise ship. “Both with hantavirus and now with Ebola, [we] are getting some live-fire drills.” Source: Michael Peel in the Financial Times Dad-chat is coming for dad-books. (By Pamela Paul and Jeffrey A. Trachtenberg in the WSJ) They were the go-to gifts for Father’s Day: a book about some little-known chapter of World War II, the sweeping narrative of a shipwreck, perhaps the latest presidential biography. These days, dad books are a dying breed. Nonfiction book sales have been in decline for the past four years, and are now the most challenged segment of the print book market. Publishers say certain types of books still fare well—including celebrity memoirs and religious titles. But in recent years, print sales in such categories as biography, current affairs and business and economics—what publishers refer to as “serious nonfiction” and which tend to resonate especially with men—have fallen considerably. Sales of nonfiction print titles were down nearly 8% through May 9 this year, and sales of books about politics and current affairs were down 19%, according to book tracker Circana BookScan. Publishing has long been subject to cyclical changes, with trends in format and genre taking over bookshelves in grand sweeps. (Remember the adult coloring-book craze? Or the stratospheric rise of romantasy?) But many in publishing believe the decline in serious nonfiction is more existential. “The trend couldn’t be clearer,” said Jonathan Karp, the former chief executive of Simon & Schuster and publisher of the new Simon Six imprint. “This is a sea change and people should wake up and realize we’re living in a new world.” One culprit for the shift: a new media diet for fans of more serious nonfiction. … Sixty-two percent of men and 54% of women consumed a podcast in the prior month, according to a recent survey by Edison Research at SSRS, up from 46% and 39%, respectively, in 2023. “When we have internal meetings to talk about this problem, it always comes around to podcasts,” said Jonathan Burnham, president and publisher of the Harper Group at HarperCollins Publishers. “The man who wants to read American history is now tuning into one of the many good podcasts about history that lends the quiet attention to a serious subject he’s looking for. It makes the idea of sitting down with a 700-page Ron Chernow book less appealing. You’ve scratched that itch.” Source: Wall Street Journal Remarkable report by Novara from the nationalist rally in London in mid May. Anna Airy, Leopard Moth and Plums, 1915 If you’ve scrolled this far, you know you want to click: Subscribe
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