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Nationals Make Waiver Claim, Get Bad News on Connelly Early
The Washington Nationals added one to the roster, updated the status of a projected starter while another cleared waivers
Avoiding these 3 risk factors might buy you 13 more dementia-free years
New research finds that people who steer clear of key cardiovascular hazards at midlife live much longer before developing dementia.
Budget Battle Erupts in Nation’s Capital Over Opioid Settlement Money
Washington, D.C.’s 2027 fiscal-year blueprint reflects a debate playing out around the U.S.: whether opioid settlement money should be used to free up taxpayer dollars by paying for existing responsibilities instead of new programs.
Trump tries new tack against birthright citizenship after Supreme Court snub
President Donald Trump signed two executive orders targeting children born to foreign lobbyists and tourists. The orders are certain to face legal challenges.
White House drafting order on vaccines, autism despite pollsters’ warnings
The effort underscores President Donald Trump’s determination to elevate vaccine policy even as a federal judge has halted Health Secretary Robert F. Kennedy Jr.’s sweeping vaccine overhaul.
Francesca Hong faces scrutiny over ‘cancel Thanksgiving’ post
Francesca Hong, a democratic socialist running for Wisconsin governor, is getting attention for social media posts calling for canceling Thanksgiving and abolishing police.
Sen. McConnell discharged from rehab center, continuing recovery at home
The Kentucky Republican has been absent from the Senate since he was hospitalized June 14 following a fall at home.
With support for Israel roiling U.S. politics, Israelis fear a permanent shift
Abdul El-Sayed’s victory in Michigan’s Democratic Senate primary adds to a string of upsets that reflect growing criticism of Israel.
Hawley, Banks, Tuberville File Amendment to Protect State Laws Banning Men in Women’s Sports
WASHINGTON -- Today, U.S. Senators Josh Hawley (R-Mo.), Jim Banks (R-In.) and Tommy Tuberville (R-Ala.) filed an amendment to the Protect College Sports Act to ensure the bil
Most Division I colleges lose money on sports
Over 90 percent of these athletic programs spend more money than they generate, according to the Government Accountability Office.
HHS proposes cutting many federal education and health guidelines for Head Start
A year after withholding funding from the antipoverty preschool program, the agency run by Robert F. Kennedy Jr. now says deregulation will allow the program to serve more children.
The Latest: Senate committee votes to hold Fauci in contempt over refusal to answer questions
A Senate committee has voted to hold Dr. Anthony Fauci in contempt of Congress and refer him to the Justice Department for potential prosecution over his refusal to answer questions at a hearing last week on his handling of the COVID-19 pandemic
Stefon Diggs is signing with the Washington Commanders, AP source says
New England released him in March, and the 32-year-old went unsigned in free agency while facing strangulation and other criminal charges in connection with a dispute with his former private chef.
Trump fills ambassador posts with more donors, loyalists than any recent president
Ninety percent of his nominations have gone to political supporters rather than career diplomats, even as dozens of embassies lack envoys, The Post found.
The new science of brain workouts, beyond Sudoku and crosswords
Emerging evidence suggests that only certain types of training produce meaningful benefits, and those benefits may differ between men and women.
The new science of brain workouts, beyond Sudoku and crosswords
Emerging evidence suggests that only certain types of training produce meaningful benefits, and those benefits may differ between men and women.
Trump tells donors, ‘We need to elect JD,’ as vice president weighs his future
Advisers say the remark doesn’t mean the president has settled on a preferred candidate in 2028 as he plays up a contest between JD Vance and Marco Rubio.
Detroit Tigers Quietly Announced Justin Verlander Update During Mariners Series
On Wednesday, the Detroit Tigers continued their series with the Seattle Mariners in Washington.They lost by a score of 4-2.Detroit Tigers Quietly Announced Justin Verlander UpdateAlso on Wednesday, the Tigers announced the latest update on Justin Verlander.MLB.com wrote (on August 5): “Did some light throwing off the front of the bullpen mound on Aug. 5 […] The post Detroit Tigers Quietly Announced Justin Verlander Update During Mariners Series appeared first on HEAVY.
49ers’ Brandon Aiyuk Gets Brutal Take After Commanders Decision
San Francisco 49ers wideout Brandon Aiyuk likely won’t be playing for the Washington Commanders. On Aug. 5, the Commanders decided to sign veteran wideout Stefon Diggs, which probably puts an end to the Aiyuk speculation.The Commanders were the only team to have reported interest in Aiyuk, and it was a destination the 49ers wide receiver […] The post 49ers’ Brandon Aiyuk Gets Brutal Take After Commanders Decision appeared first on HEAVY.
Federal workers file class action lawsuit over transgender health coverage ban
Five federal workers filed a proposed class-action lawsuit Monday against the Trump administration, alleging that a federal health insurance policy excluding gender-affirming care violates federal emp...
Leader of Myanmar's military-backed government arrives in Thailand seeking political legitimacy
The leader of Myanmar’s military-backed government has arrived in Thailand on an official visit
Politics in the Park: Ballot access divides Republicans vying for Wyoming secretary of state
CASPER, Wyo. — Four Republicans running to be Wyoming’s next secretary of state took the stage at Washington Park on Wednesday, agreeing on much of what the office does and dividing mainly over how easy it should be to vote. The seat is open because Secretary of State Chuck Gray is running for Congress. The […]
Politics in the Park: Ballot access divides Republicans vying for Wyoming secretary of state
CASPER, Wyo. — Four Republicans running to be Wyoming's next secretary of state took the stage at Washington Park on Wednesday, agreeing on much of what
Politics in the Park: Ballot access divides Republicans vying for Wyoming secretary of state
CASPER, Wyo. — Four Republicans running to be Wyoming's next secretary of state took the stage at Washington Park on Wednesday, agreeing on much of what
Politics in the Park: Harshman, Kelly spar over school-funding overhaul, standards and screen time
CASPER, Wyo. — Two sitting state representatives running for superintendent of public instruction made their case at Washington Park on Wednesday,
A new type of flu shot is coming after FDA approves mRNA-based vaccine
The agency’s former top vaccine regulator declined to review the Moderna shot, and it’s now likely to face pushback from allies of the health secretary.
GOP senator obtains a copy of Fauci’s phone as contempt vote looms
Sen. Ron Johnson (Wisconsin) said the phone could address many questions that Fauci declined to answer at a hearing about the pandemic last week.
‘Science of Speed’ roars into the Kamin Science Center
Want to zip around a track on a high-end electric kart or hop on an immersive racing simulator? Then you will definitely want to make your way to the Kamin Science Center on Pittsburgh’s North Shore and check out its new Science of Speed permanent exhibit. Taking up what had been the Science Center’s SportsWorks […]
Science|Business summer reads of 2026
As most people in the European research and innovation policy bubble are going on a well-deserved summer break, we have come up with a list of our favourite books, podcasts and essays from the past year that ask deeper questions about science, technology and politics.BooksPasteur’s Quadrant: Basic Science and Technological Innovation, by Donald StokesIf you haven’t read Pasteur’s Quadrant yet, now is the time. In the EU and elsewhere, we’re living through a period of dwindling faith that curiosity-driven research automatically leads to economic growth and technological progress. Pasteur’s Quadrant, published in 1997 by the Princeton academic Donald Stokes, is the most influential critique of the standard “linear model” of R&D: the idea that new discoveries made in ivory-tower labs get neatly passed on for commercialisation by start-ups. In reality, Stokes argues, practical applications often inspire more theorical lines of inquiry. Of course, we have long known that things are more complex than the linear model, but even today, it’s still often assumed in Brussels discourse. The book is a useful corrective, and is being used now to argue for new types of scientific institutions. David MatthewsThe Weaponization of Expertise: How Elites Fuel Populism, by Jacob Hale Russel and Dennis PattersonAre society’s problems solvable by technical expertise alone? “If only the benighted would listen,” say Jacob Hale Russel and Dennis Patterson, two professors at Rutgers Law School who got frustrated with how scientists and politicians handled public health communication during the Covid-19 pandemic. In the book, they argue that clichéd mantras about scientific evidence and expertise perpetrated by academics, journalists and politicians have harmed public trust in the very institutions they were trying to defend. Paradoxically, slogans such as “we believe in science,” “follow the science” and “defer to the experts” can fuel mistrust in science, experts and democratic institutions. The authors criticise “condescension” and “technocratic paternalism” in the public discourse and make the case for a more nuanced approach to scientific and expert policy advice that rests on humility, doubt, scepticism and open dialogue. “Most complex social questions in fact revolve around values, not the recitation of unambiguous facts,” they say. Florin ZubascuBreakneck: China's Quest to Engineer the Future, by Dan WangIn this book, Dan Wang compares the structural differences between the US and Chinese industrial policies, but raises a very timely question for innovation policy wonks: how can advanced manufacturing know-how contribute to technology-intensive economic growth? Wang says technology has three components: the tools, the blueprints and patents, and the process knowledge. The third component represents the “proficiency gained from practical experience, which isn’t easily communicated and requires years of implementation.” According to Wang, rather than seeing tools and blueprints as the ultimate ends of technological progress, policymakers should see them as milestones in the training of better scientists and manufacturers. Over the past decades, China has amassed “process knowledge” because capital flowed to complex fabrication facilities, while investors in the West have parked their money in capital-light businesses such as digital platforms or chip companies that focus on design. As it turns out, thanks to its oversized focus on manufacturing, China has gained remarkable advantages in the global technology race. Florin ZubascuBaltic: The Future of Europe, by Oliver MoodyWhat can Europe learn from the nine countries surrounding the Baltic Sea? Alongside the familiar stories about Estonia's digital transformation, the book examines how the region has used technology, resilience, education, governance and long-term thinking to respond to geopolitical, economic and security challenges. Innovation policy wonks might find fresh perspectives on how innovation can strengthen defence, societal resilience and Europe's capacity to adapt in an uncertain world. Whether or not you agree with all of Oliver Moody's conclusions, the book is a useful guide to a region that is increasingly shaping European debates on security, competitiveness and technology. Goda NaujokaityteThe Invention of Nature, by Andrea Wulf This book chronicles the wild and adventurous life of natural science pioneer Alexander von Humboldt who at some point in the 19th century seems to have been just about the most famous person in the world. Through scientific expeditions to the Andes Mountains and to the depths of Siberia, von Humboldt contributed a host of discoveries and concepts. During his life he met and formed relationships with historical figures as different as Johann Wolfgang von Goethe, Simon Bolivar, Thomas Jefferson, Napoleon Bonaparte and Charles Darwin. He is also claimed to be the person in the world with most things named after him, a list that includes an ocean current, a penguin and a region of the Moon. Still venerated in Germany, with numerous scientific institutions named after him, von Humboldt has slipped out of public consciousness in most of the rest of the world. For anyone not familiar with him, this book does a good job of describing his fascinating life. Ole EllekrogCareless People, by Sarah Wynn-WilliamsYou may have heard this referred to as the book Meta doesn’t want you to read. The 2025 memoir from Sarah Wynn-Williams, former director of global public policy at Meta, then just called Facebook, includes explosive claims about everything from a toxic workplace culture to how the company worked with advertisers to target vulnerable teens, and the lengths it was prepared to go to in order to break into China. It’s a fascinating insight into how and why the tech company gradually shifted its approach to policy, whether in the US, Europe or Asia. Meta has denied the allegations in the book, and last year won an emergency ruling to prevent Wynn-Williams from promoting it. In response, the author is now suing her former employer. If that doesn’t make you want to read it. Martin GreenacrePodcastsThe Europeans: Europe’s anti-ElonThis podcast is a great choice for a light-hearted dose of European policy and culture news. Most of it has little to do with research, innovation and technology, but this particular podcast features an interview with Mastadon’s founder Eugen Rochko. He talks about his experience running an open-source, federated, European-made social media platform, and leaving it all behind. The conversation, which starts 14 minutes in, gently encourages us to reflect on what kind of technology we, as Europeans, want to make. Goda NaujokaityteSolarpunk and how we escape dystopiaNew technologies are very often taken from science fiction. Alberto Santos-Dumont, inventor the airship, was inspired as a child by the adventure stories of Jules Verne. OpenAI’s attempt to build a personal assistant with the voice of Scarlett Johansson was lifted from the 2013 film Her, completely ignoring the movie’s cautionary message. So if we want better tech, we need to imagine it first. Unfortunately, the state of current sci-fi is relentlessly dystopian, giving inventors precious few ideas or hope. However, a new genre, Solarpunk, which envisages a technologically advanced but ecologically harmonious future, is now taking off. The actual tech the genre imagines, such as permaculture, renewable energy or community repair workshops, while nice, isn’t all that inspiring or ambitious. But it’s a first step towards rescuing sci-fi from its pessimistic Blade Runner rut. David MatthewsEveryday AbundanceLaunched in June, Everyday Abundance is a podcast that tells the stories of the inventions we now take so for granted that we barely given them a second thought. For example, the washing machine, which liberated women from a lifetime “bent over washtubs and washboards.” Or modern dentistry, which ended the reality that “tooth pain was simply part of human life.” Historians of technology, Virginia Postrel and Charles C Mann are very much on the optimistic end of the spectrum when it comes to the capacity of invention to improve human life. Here, they set out their case: if it wasn’t for progress, you might be hunched over a washtub with toothache rather than reading these words. David Matthews‘We will not know what we lost’: Conservation fallout a year after USAID shutdownSince his return to the White House, Donald Trump has been on a mission to undermine science. He slashed jobs at federal agencies, terminated grants in some research areas, took unprecedented control over university affairs and, within hours of his inauguration, suspended the US Agency for International Development. While its initial focus was to administer health and food aid around the world, it had since expanded to conservation projects. The result? Some of these projects were stopped abruptly. In this Mongabay podcast, environmental reporter Michelle Nijhuis tells the story of the EcoGuard conservation programme in Liberia, whose local patrols had helped protect rainforests, monitor endangered wildlife and track illegal threats. From one day to the next, these were left without salaries. Luckily, she notes, the initiative was able to get emergency funding from international NGOs, but its future remains “incredibly uncertain.” Juliette PortalaEssaysThe Mars Delusion, by Henry WismayerWhy is humankind so fixated on establishing a colony on Mars? asks London-based writer Henry Wismayer. From space evangelists promoting Martian settlement as an insurance policy, to billionaire Jeff Bezos, who said humans should settle on Mars “because it’s cool,” the mission is not running short of advocates. However, in this essay, Wismayer reminds us that some critics expect any future Mars pioneer to end up “irradiated, sick, mad and dead.” Scientists have already looked into the possible effects of prolonged exposure to Martian gravity, and it’s not pretty: muscle shrinking, bones weakening, changes to the central nervous system and other biological modifications to make us all reconsider the journey. “Some researchers have forecast that the future settler, after generations of evolutionary conditioning, will look less like an Übermensch and more like ET,” Wismayer writes. Juliette Portala
Democratic voters are looking to turn the page on establishment-backed politicians
They’ve veered toward outsiders like Abdul El-Sayed, who tapped into widespread discontent with the Democratic establishment and the status quo in Washington.
Lawsuit over Missouri’s congressional map could throw a wrench into midterms
If the court approves the request for a referendum, it could raise questions about whether Tuesday’s primary winners under the new map are the official nominees.
El-Sayed gives progressives another victory and a new challenge
In Michigan’s primaries, the most progressive candidates won out, extending their movement into the Rust Belt and setting up a major test in November.
Miliband says reopening Strait of Hormuz 'essential' as he meets Rubio
The move is required "to ease cost-of-living pressures", Miliband says, as he meets his US counterpart in Washington.
This chaplain may become first trans person elected to Michigan legislature
Joanna Whaley is favored to win the heavily Democratic district in November.
Texans sign WR Montrell Washington
The Texans signed wide receiver Montrell Washington, the team announced Wednesday.
Why did the polls miss so badly in Michigan?
Polls overestimated Abdul El-Sayed’s lead by 12 percentage points. That isn't unusual for statewide primary contests.
Mass. health officials see uptick in cyclospora cases
The number of cyclospora cases in the state so far this year has increased to 147, the highest level of reports of the parasitic infection since 2019.
How El-Sayed won the contentious Michigan Senate Democratic primary
Abdul El-Sayed won with a populist platform buoyed by voter discontent with establishment Democrats and Israel.
The startup idea that convinced a UW computer science legend to leave Google after 27 years
Jeff Dean, who earned his computer science Ph.D. at the University of Washington, is leaving Google after 27 years and taking three of the company's top AI researchers with him. Their startup, Discovery Loop, aims to automate the scientific method itself, and Google is helping fund it.
Trump-endorsed candidate loses to Michigan man who dropped out of race
Thomas J. Smith suspended his campaign for Michigan’s 8th District. Yet he is projected to beat Amir Hassan, a rival backed by the president.
ICYMI: Sen. Banks Joins the Bottom Line on Fox Business Network
WASHINGTON, D.C. – Last night, Senator Jim Banks (R-Ind.) joined The Bottom Line on Fox Business Network to discuss the Senate’s priorities ahead of the August recess, the AI race, and how AI is reshaping government and the workforce. Click the image above for the full discussion. Key Excerpts on Senate priorities: Sen. Jim Banks (R-Ind.): “We have a full […]
Republican voters reluctant to abandon Rep. Max Miller over abuse allegations
The Ohio Republican, who has denied any wrongdoing, has pledged to stay in his race for a third term.
Speaker Johnson says Ethics Committee should carry out Max Miller investigation
The Ohio Republican congressman has faced calls to drop his reelection bid over domestic abuse allegations.
See detailed plasma whirlpools in new video of the sun’s surface
Video published in a study Wednesday supports a theory of what happens on the sun’s surface.
Former Pokémon Exec Accused of Hiding Video Cameras in Office Bathroom to Record Women and Girls
The Pokémon Company's former director of engineering at its Bellevue, Washington headquarters is now the subject of a class-action lawsuit, after the discovery of a hidden camera concealed in one of the building's bathrooms.
Tennessee’s Republican governor endorses challenge to sitting GOP congressman
Gov. Bill Lee just endorsed against Trump-backed Rep. Andy Ogles, a fellow Republican, ahead of the Thursday election.
When these licenses can’t cross state lines, consumers suffer
Michigan is struggling to attract health care professionals because of the state’s strict licensing rules.
Where to watch Washington Nationals vs Philadelphia Phillies: TV channel, start time, streaming for Aug. 5
Here's how to watch Wednesday's Philadelphia Phillies vs Washington Nationals game, including start times, TV channels, scores and how to stream.
Nurses chase cyclospora, aided by interviews, fast-food receipts
More than 900 people in Washtenaw County, Michigan, have been sickened with cyclosporiasis since mid-June. Linda Kim, a public health nurse, has called more than 100 of them. Almost everyone has said the same thing: It’s excruciating, and one of the worst illnesses they’ve experienced.
Fast walkers in their 80s have half the risk of cognitive decline
A study published in July builds on earlier research about “super movers.”
Michigan Election Results Live Updates: El-Sayed and Stevens Locked in Close Senate Race
The race between Dr. Abdul El-Sayed, a progressive, and Representative Haley Stevens, a centrist, had not been called as of 4 a.m. Wednesday. Kansas, Missouri, Virginia and Washington also voted.
Takeaways from Tuesday’s primaries in Michigan, Missouri, Kansas, Virginia and Washington
Votes are being counted in Michigan, where Democratic voters are settling a Senate primary that has become the year’s most significant test of how the party’s electorate is weighing questions of ideology and electability.
Fruit flies and other health violations revealed in Ann Arbor
Washtenaw County health inspectors cited several Ann Arbor restaurants for food safety and cleanliness violations.
Washington makes top 25 of Preseason USA TODAY Sports Coaches Poll
The Washington Huskies found their way into the preseason edition of the USA TODAY Sports Coaches Poll.
Officials push back on federal changes that could impact WA science news
The Trump administration proposed sweeping changes to federal funding rules. Washington’s governor and university leaders say this would politicize the grant award process.
Washington state primary election results 2026
View election results for the 2026 Washington state primary.
National Guard deployment to Washington through 2029 will cost roughly $1.4 billion, estimate shows
The cost estimate is for fiscal years 2027-2029 and came in response to questions from Massachusetts Democratic Sen. Elizabeth Warren.
US midterm primary elections live updates: High-stakes Michigan Senate race among key contests in five states
Voters in Michigan, Missouri, Washington, Kansas and Virginia head to polls to select candidates who will appear on November ballots
Live updates: Key midterm primary elections kick off in 5 states
Voters in Virginia, Kansas, Missouri, Michigan and Washington state head to the polls in contests that could shape the battle for Congress.
Trump admin revokes visa of Brazilian ambassador to US
The Trump administration has revoked the visa of Brazil’s ambassador to the US, escalating a rift between Washington and Brasilia.
Senators Markey, Merkley Reintroduce Legislation to Protect Healthcare for Americans Who Cannot Afford Bail
Bill Text (PDF) Washington, D.C. – Senator Edward J. Markey (D-Mass.), a member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, and Senator Jeff Merkley (D-Ore.) today reintroduced the Equity in Pretrial Health Coverage Act, legislation that would protect the continuity of federal health benefits under Medicaid, Medicare, Children’s Health Insurance Program (CHIP), and Veterans Affairs for Americans who […]
CDC expands largest known cyclospora outbreak to 15 states
Missouri’s cases jumped dramatically in the past week. It is among six states newly added to an outbreak linked to lettuce from central Mexico, sources say.
U.S. trade deficit isn’t much lower than before Trump took office
Trade deficits narrowed slightly in June but are just a little lower than in 2024.
MrBeast Sales Slow, Angel Stock Falls, MUBI and Neon Look for Hits, and Will an NBA Franchise Set a Sales Record?
(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) You probably remember egg prices spiking a few years ago. This led to a lot of debate between the pro-market/pro-competition/antitrust/Neo-Brandesian crowd and the center/center-right/center-left/abundance/libertarian crowd over the cause, whether it was the avian flu outbreak or whether industry consolidation led to price fixing, using avian flu as a convenient cover. Basel Musharbash wrote a whole investigation at BIG looking at it. Well, two years later, we have our answer: it was price fixing. The Justice Department found proof, via emails, of price fixing. Indeed, just the threat of an investigation brought prices down two years ago: I bring this up because at least half a dozen of my favorite political writers and pundits, who were skeptical about price fixing at the time, haven’t written any mea culpas on this issue. It’s really dispiriting and makes it much, much harder to trust their work on other issues. If you take a hard stand on an issue, then you get it wrong, you need to explain how and why you got it wrong. Or update your priors. This is how epistemological bubbles are formed! All of which is to say, it’s time for another installment of “What I Got Right, What I Got Wrong”. Last issue, I mostly focused on the “wrong” side of the equation, so today’s is a bit more balanced, but with one big mea culpa (though I still stand by my original concerns). Let’s dive right in! Subscribe CORRECTION: UFC Didn’t Release Subscriber Data (But Seems to Have Bragged About It Internally) In my analysis of the viewership of UFC Freedom 250, I wrote... “Paramount has also released datecdotes bragging about their subscriber numbers. Earlier this year, they claimed that the first UFC fight on Paramount+ brought in 1 million subscribers.” Well, that datecdote did not come from a PR rep, but from great reporting from James Faris at Business Insider. The actual quote was this: “Paramount’s flagship streaming service generated about a million new subscribers on the day of its first-ever UFC event, Paramount product chief Dane Glasgow told employees in a town hall on Tuesday morning, three staffers who attended the meeting told Business Insider.“ This wasn’t the biggest goof in the world; even Faris emphasized to me that this is more a “clarification” than a correction. Still, it sounds like, internally, the folks at Paramount were very happy about this result—and I’m guessing they were happy with this news getting out—even though the gains didn’t last through the quarter, dropping to 700K adds. RIGHT: MrBeast’s Struggles Continue... I’m very skeptical about MrBeast’s burgeoning media “empire” and, in particular, its $5 billion valuation, as I wrote earlier this year and last year. Sure enough, according to Business Insider, regarding its “booming” consumer products division_:_ “US sales volume grew 13% year-over-year in 2025, following a 33% leap the previous year, according to a presentation deck dated May 2026....A February 2025 investor deck viewed by Business Insider showed Feastables’ net revenue more than doubled in 2024 from 2023, to $215 million, and was forecast to grow 74% in 2025, to $375 million.” [Emphasis mine.] If you told investors that you projected 74% growth but delivered 13%,1 that’s not ideal. But it’s not just MrBeast. Logan Paul and KSI’s Prime had sales drop in half for their energy drinks. It’s one thing to build a successful entertainment company and an entirely different thing to succeed in the heavily-consolidated-but-also-very-competitive consumer packaged goods space! CPGs are dominated by a few firms with very wide moats compared to YouTube, which has few barriers to entry. These businesses require different skill sets and have completely different business environments. WRONG: Does the NBA Have an $8 Billion Bidder? Almost as soon as I published my article about the NBA’s finances, casting skepticism on NBA expansion, I saw this Front Office Sports headline: One group “claims to have already raised $8 billion” for the Vegas expansion team. I mean, wow. That’s just $2 billion less than what the Los Angeles Lakers were valued at when they were sold just last year. And they’re arguably the most popular team in the NBA. (Side note: the new owner is now under an investigation for fraud in how he went about financing the Lakers and the Dodgers purchases.) So much for the “dried up” language I used in that article. (This is why I usually stick to my “Entertainment Nuance Guy” tone in articles...) I went off old information—from April, when I read/heard about the NBA downplaying expansion efforts—instead of doing a quick double-check for new news. That said...if you read the article, the market for Seattle is “slow”, with just one reported bidder. So I wasn’t entirely off. This goof has annoyed me since I first published it, mainly because it undercut that article’s real point, which I stand by: NBA franchises are really overvalued right now. Now, I get why NBA teams are overvalued. When it comes to owning sports teams, it’s basically never wrong to assume that some rich person somewhere will care more about owning a team (or just being part of a group since they’re so expensive) than the actual financials. There are only so many teams to own, and opportunities to buy in preferred markets don’t come along very often. This explains why the teams sell for such high multiples (usually above a 10 to 12.5 revenue multiple, which is very high). You only need one person to overpay! Beyond the ultra-wealthy luxury good explanation, I worry NBA teams are becoming speculative assets. More and more private equity investors are buying into NBA teams. But the value, in owning a team, comes from selling it later, not any meaningful relationship to revenue or profit growth. In other words, the newer NBA owners are increasingly expecting someone later to buy their inflated asset. That’s not sound economics; that’s the “greater fool” theory at work.2 At some point, actually making money has to matter. Especially since revenue growth is now below the growth of the stock market. (And this matters because the NBA doesn’t have easy levers to pull to drastically lower their costs—half of their revenue has to go to players and then you actually have to run a team, including coaching, training, travel, media expenses, and more—or raise revenues aside from one-off expansions in America and overseas.) I just don’t see how investors make their money back buying NBA teams, except for selling at a higher price later on down the line. But if revenue/profit growth continues to slow, at some point, someone will be left holding the bag. RIGHT: Baseball and Basketball are about equally popular. Related to the above, I wanted to cite two quick pieces of evidence for one of my other theories: that the NBA and MLB are about as popular as each other, but the NBA gets much, much better media coverage. One YouGov survey has that fans prefer basketball to baseball by 52% to 48%, which I’m guessing is within the margin of error for that poll. That’s virtually even, meaning they’re about the same popularity. Over on NBC, a recent Red Sox-Yankees game averaged 4 million viewers, higher than Sunday Night Basketball’s average of 3.4 million on the same network. A Yankees-Dodgers game averaged 3.9 million two weeks ago. Not every game averages this much, but it shows you that baseball isn’t far off from basketball, depending on the matchup. Altogether, the NBA is just slightly more popular than baseball, but NBC is paying MLB a fraction of what they pay the NBA, a point I’ve made before. RIGHT: Angel, MUBI and Neon Updates... I’ve long been skeptical about many of Hollywood’s buzziest startups/smaller indie studios. It’s not that they don’t make great movies—films like Anora and Everything Everywhere All at Once are amazing—or that they’re not (rightfully) pushing the majors to make better films, but...they get a ton of hype, and that hype often doesn’t live up to the reality or difficulty in scaling up. Starting with MUBI, well, The Wall Street Journal wrote a feature on MUBI’s struggles last April, best summarized by the subheader “After Sequoia valued Mubi at $1 billion, a left-wing revolt sent the indie film company into a tailspin”. MUBI lost $7.3 million on $200 million in revenue in Q4 2025, but reportedly hit a record 1.7 million subscribers at the end of Q1. As for Neon, Department M purchased a “significant stake” in the company earlier this year. How much is that “stake” worth? According to Deadline, “No financial figures for the Neon-Department M deal were disclosed.” So...that’s not great! If it was a big valuation, we’d hear about. Also, I found this curious: “Both Neon and Department M already have separate partnerships with Qatar. The Qatar Film Committee has a slate deal in place with the former, and a biopic production pact with the latter.” Color me skeptical about much Middle Eastern investment dollars. See: LIV Golf. Finally, as for Angel (formerly Angel Studios), their stock very, very slightly popped last month after Young Washington ($20 million budget) which made $45 million in the US, but their stock is still way down from its opening. Smaller Updates RIGHT: The WGA should focus on antitrust concerns! I’ve been on this for years. Post-WGA/AMTPT deal in 2023, I wrote an article for the Ankler calling on the WGA to focus and organize against industry consolidation. Sure enough, the WGA filed a lawsuit against the Paramount-WBD merger, and people are organizing around this issue now. I wish this energy had coalesced earlier (specifically to lobby Washington much earlier), but better late than never! WRONG: Actually, the chip shortage might be due to market manipulation. In my last “Long Reads for the Long Summer” article, I shared an article about how LLMs are causing memory chip prices to spike, which will make all electronics more expensive. Well, turns out, three RAM manufacturers control 90% of the market, and now a private lawsuit accuses them of price-fixing. So yeah. WRONG/UPDATE: The Odyssey will hold! Two weeks ago, I wrote, “As of this moment, we haven’t had a super-blockbuster, though The Odyssey, Spider-Man: Brand New Day and Avengers: Doomsday could all cross the $500 million mark. (At this point, The Odyssey would need a very strong hold to get there.)” Well, it’s safe to say it’s going to have that hold! It only dropped 30% in weekend two and IMAX screenings are sold out all month. Spider-Man: Brand New Day is also off to a great start. RIGHT: People are rushing to get shows out yearly. I’ve long been bullish on yearly, weekly-released shows, and Leslie Goldberg at The Ankler wrote about how many people in town are now listening. WRONG: Mark Carney reverses Canada’s stance on homegrown production. After writing about Canada installing domestic production quotas, Canada has backed off. WRONG: I don’t trust Spider-Man: Brand New Day’s online “views”. When I originally wrote about the latest Spider-Man film’s record-breaking trailer, I thought this was just YouTube views, but after watching this Corridor Crew video and doing more research, well, it’s all social views of the trailer globally. Really? That stat includes TikTok, Reels and YouTube Shorts views. Basically, I don’t trust it anymore. (This film will probably set record, but I trust the pre-sales data more.) RIGHT: Celebrity Production companies are still struggling. I’ve written about this for years, but the company that I didn’t track was Kevin Hart’s HartBeat, which was valued at $650 million but is struggling now and might just end soon, especially after Kevin Hart pulled his endorsement deals. And Bad Robot is moving to NYC. CORRECTION: SpongeBob is a “second run” title. In my 2025 recap article, I had _SpongeBob SquarePants_labelled as a “library” title, when it is still a “second run” show, with new episodes still coming out on Nickelodeon. CORRECTION: In my last “What I Got Right, What I Got Wrong” update, I offered a correction from Doug Creutz and misspelled TD Cowen. Thanks, Grammarly! 1 Though he could have increased prices to make up for the gap, he couldn’t have increased them that much. 2 There’s a theory, which I think that Daryl Morey created and Bill Simmons popularized, that, to be successful building your team, you only need a handful of bad GMs in the league to take advantage of. To be clear, Daryl Morey’s theory was also for signing bad contracts, that you could always get out of bad contracts. Basically, there’s always someone who will make a bad trade. It’s not the same exact thing, but similar enough to the Greater Fool Theory that I really like it.
Ted Cruz urges Senate to stay in Washington until Protect College Sports Act passes this week
President Donald Trump says he's hopeful for a Senate floor vote on the "Protect College Sports Act," but political hurdles could push action into September.
David Ellison says court fight over Warner Bros. is about his politics, CNN
The Paramount Skydance CEO defended his deal to buy Warner Bros. Discovery and said he’s voted for Democrats and Republicans and held liberal and conservative values.
Washington primary election voting ends today. The race for its 3rd Congressional District is just getting started
Ballots should be turned in to official drop boxes by 8 p.m. on Aug. 4.
Introducing the Nationals’ returns for Luis García Jr.
The Nationals made headlines by trading away NL slugging leader Luis García Jr for four pitching prospects from the New York Yankees.
Here's what happens to your brain when you stop drinking alcohol
Though even relatively low levels of drinking can cause harm, the brain can recover to an extent if you stop or cut back, evidence shows.
Analysis
A lot of money is being spent in this year’s primaries. It’s becoming a huge focus of the races.
Five states hold polls on Tuesday. Here's what to know.
Kansas, Michigan, Missouri, Virginia and Washington hold primaries Tuesday, with races that could ultimately decide control of Congress next year. Redistricting efforts will also influence the races.
Former progressive Squad member Cori Bush attempts political comeback against Missouri US Rep. Bell
Former U.S. Rep. Cori Bush is attempting a political comeback in a Missouri Democratic primary
Open-Weight Models Aren’t Enough. We Need Truly Open Source AI Models for Science and Society.
As Chinese AI closes the capability gap, Washington and Silicon Valley debate open-weight models. Stanford HAI's James Landay says it's the right conversation framed the wrong way.
Ariana Grande is extremely thin. Is it any of our business?
The singer appeared emaciated in a new video and has said she’ll soon “step back from visibility.” Cue the criticism and concern.
Democrats blink as Schumer helps GOP clear key shutdown hurdle
Chuck Schumer endorsed the continuing resolution as Senate Republicans race to clear a government funding bill before leaving Washington, D.C.
Nats begin post-deadline stretch with division series in Philadelphia
Washington opens life after the deadline with the Phillies
Business Ins & Outs: Meermin, Dehli Belly; Green Almond Pantry, 7th Street Burger
Meermin Shoes is now open at 3001 M St. NW. It is the Spanish footwear brand’s first retail location in the Washington, D.C. The business offers handcrafted
Boris Nadezhdin, anti-war candidate in Russia, flees to France
Nadezhdin was prohibited from running in parliamentary elections in September. He posted a video from Paris, saying, "I'm alive and free."
In letter to cousin RFK Jr., health advocate warns of threats to disability care
Tim Shriver said that a recent Justice Department memo could lead to more people with disabilities being institutionalized.
Debt Digest | Federal Debt is a Health Care Problem
Welcome David Ditch to the Debt Dispatch! We are pleased to announce a new regular contributor: David Ditch will be joining the Cato Institute as a Policy Analyst for Budget and Entitlement Policy later this week. David has more than a decade of experience in fiscal policy issues, with a particular focus on federal spending. He previously worked at the Senate Budget Committee, the Heritage Foundation, and the Economic Policy Innovation Center. David’s areas of expertise include appropriations, transportation, agriculture, federalism, grantmaking, and policy options for deficit reduction. Originally from the Rochester, N.Y. area, David has a BA in Economics and Political Science from the University of Rochester and a MA in Political Management from George Washington University. David currently lives in Arlington, VA. You may have enjoyed his earlier guest posts: CBO: New Highway Bill Has More Spending, Taxes, and Deficits Trump Administration’s Proposed Changes to Federal Grants Highlight Problems of Big Government Here are this week’s reading links and fiscal facts: The federal debt is largely a health care problem. In a new report, the Congressional Budget Office and Joint Committee on Taxation find that “In 2026, federal subsidies for health insurance, net of related payments to the government, are projected to equal $2.4 trillion, or 7.4 percent of gross domestic product (GDP). In CBO and JCT’s projections, those subsidies grow by 65 percent, reaching $3.9 trillion, or 8.4 percent of GDP, in 2036. Subsidies for Medicare contribute most to that overall growth, increasing by $900 billion. Over the entire 2026–2036 period, federal subsidies for health insurance total $33.6 trillion.” Cato’s Michael Cannon emphasizes, “The long-term federal debt problem is a health care problem. […] Only two categories of federal outlays will grow faster than gross domestic product (GDP): health care subsidies and interest payments on the debt. The former is, therefore, the primary driver of the latter.” The bond market fears deficits, not the loss of tariff revenue. Responding to a New York Times essay claiming tariff revenue has grown too important for a future administration to unwind, Cato’s Kyle Handley argues: “Bond investors are not attached to customs duties as a line item revenue source. They care about the government’s overall fiscal position.” He continues, “tariff revenue is a side hustle. And the Trump administration has already promised to dole out the funds through schemes like tariff dividend rebates, farm subsidies, and pay-fors on tax cuts or other spending.” Furthermore, “tariff revenue is simply not large enough to transform the government’s fiscal trajectory.” Take net interest for example: it “reached $970 billion in fiscal year 2025, absorbing 18.5 percent of federal receipts. Customs duties accounted for only 3.7 percent of receipts—and that was before refunds (see Figure 2).” Handley concludes, “The real bond-market concern is a large and growing interest bill, persistent budget deficits, and a political system unwilling to bring spending and revenue into alignment.” Medicare’s spending growth is driven by more volume and utilization. A Congressional Research Service report finds that Medicare spending “grew at an average annual rate of 7.3%” from 1985 through 2025, and the trustees project health care expenditures will keep rising “faster than gross domestic product (GDP) in most future years.” Citing CBO, the report attributes Medicare’s projected 2026–2036 spending growth to “23% from higher enrollment, 31% from inflation, and 47% from the growth of inflation-adjusted spending per beneficiary. In other words**, the largest single driver of Medicare spending growth during the next decade is expected to be higher volume and intensity of health care services.”** Boccia and Thakur explain: “as the economy grows, Medicare spending tends to grow at least as fast—and often faster—because the program automatically pays the bill for more and more healthcare consumption by seniors, even as prices rise.” The Fed has little control over market interest rates. Cato’s Jai Kedia documents that the Fed has held its rate target steady since December, yet “nearly every rate Americans actually borrow at has climbed over the same stretch.” Kedia continues, “The Fed did nothing, and the cost of credit went up anyway. […] Markets spent these months repricing macroeconomic events such as sticky core inflation, a volatile energy market driven by the conflict in the Middle East, and global trade disrupted by tariffs, among others. None of that required a policy change to show up in borrowing costs because markets, not the FOMC, set prices.” He concludes, “Accurately priced borrowing rates will come from credible disinflation and disciplined budgets and from a Fed content to follow the economy rather than pretend it leads it.” Nearly half of US farm income comes from taxpayers. Former Reagan OMB director David Stockman notes that “in the most recently completed full year (FY 2025) farmer incomes in the US totaled $97.8 billion, but fully 42.7% or $41.8 billion of that amount came from taxpayers, not the marketplace. Nor is this some kind of one-year aberration. If we look at the most recent decade as a whole, total farm income posted at nearly $708 billion, but, as indicated, fully $322 billion or 45% of this came compliments of US taxpayers.” Cato’s Chris Edwards explains why so little of that income is market-earned: “Farmers are businesspeople, but the government shields them from just about every type of weather and market risk. Furthermore, just about every part of the agricultural industry is subsidized, including insurance, loans, marketing, research, export sales, and land improvements.” The Debt Dispatch is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
AP Decision Notes: What to expect in Washington state's primary
Nine contenders for one of the nation’s most hotly contested congressional seats will compete in the Washington state primary on Tuesday.
House vote on the Sunshine Protection Act on Capitol Hill
U.S. Representative Andy Barr (R-KY) is seen on Capitol Hill in Washington, D.C., U.S., July 13, 2026.
Analysis | Is the midterm cake baked?
The vibes around the economy are bad — polls and focus groups show voters feel like they are getting screwed at the gas pump and at the grocery store, jobs feel harder to come by, and the rise of technology like artificial intelligence is injecting considerable uncertainty into the future.
Black voters, divided on progressives, are pivotal in Michigan Senate primary
A disruptor or a pragmatist? In Tuesday's contest between Abdul El-Sayed and Haley Stevens, Democrats weigh whether to remake the political system or work within it.
Courageous Colorado bucks Trump’s federal stupidity
There are several theories regarding the rhythm of American politics. The most frequently cited is the pendulum hypothesis — positing that episodes of liberal dominance are then interrupted by spans of conservative control. Since Ronald Reagan’s presidential election in 1980, these swings have been foreshortened, interrupting modest reigns of far-right rule in Washington with only […]
Yankees Pitcher Sends Strong Message After Luis Garcia Jr. Trade
The New York Yankees made another move ahead of Monday’s trade deadline, acquiring Luis Garcia Jr. from the Washington Nationals. Manager Aaron Boone didn’t waste time reacting to the addition.“He rakes. He can really hit,” Boone said.Garcia Arrives in the Middle of a Career YearGarcia enters the Yankees lineup hitting .283 with a .313 on-base […] The post Yankees Pitcher Sends Strong Message After Luis Garcia Jr. Trade appeared first on HEAVY.
DC youth take on mental health in new podcast
A group of D.C. students has been hard at work on a podcast about mental health and the many pressures that young people face. This new podcast is called “Behind the Smile: Teens and Mental Health in America.” The students who worked on it told News4 it’s really been a labor of love to help their peers who may be…
As he wrestles with the monumental and the absurd, Trump forgets what voters want
President Donald Trump is trying to shape how he’s remembered through his transformations of Washington’s monuments, official buildings and grassy parks — and the honors boards at his golf clubs.
Washington County readies land for development
Washington County is seeking nearly $2 million in federal funding to transform undeveloped acreage at Highlands Business Park into a 10-acre, pad-ready
Nationals Announce Trade with Yankees, Additional Pitching Moves
The Luis García Jr trade with the New York Yankees has officially been announced, while the Washington Nationals announced additional pitching moves.
Senate aims to block White House from gaining new power over science funding
A bipartisan spending bill unveiled Sunday by Senate Republican leaders would prevent the White House from asserting greater control over hundreds of billions of dollars in federal grants.
Senate leaders reach funding deal to avoid shutdown during campaign season
The Senate is likely to vote on the measure before leaving Washington at week's end for its traditional August recess, a period that many lawmakers want to spend shoring up their reelection prospects rather than working in the nation's capital.
Yankees Are Reportedly Trading For Nationals 1B Luis Garcia Jr.
The Yankees made a trade on Sunday afternoon, landing Washington Nationals first baseman Luis García Jr.
A smarter way to fund scientific discovery
Spurring innovation requires more than federal research grants.
WA’s 2026 primary election tests Trump’s grip on both parties
Key Washington primaries offer an early look at President Donald Trump's GOP influence, Democratic divisions and the battle for Congress in 2026.
Watch Why Think Tanks are a Billion Dollar Business
Think tanks bring together experts and shape debates in Washington, but how do you measure the value of an idea? From the Aspen Institute to the Heritage Foundation, this episode explores the business of ideas, the billions of dollars behind America's leading think tanks, and how they measure success.
What a new Justice Department filing says about the ‘botched’ Reflecting Pool renovation
The Justice Department on Friday said the rush to complete President Donald Trump’s renovation of the Lincoln Memorial Reflecting Pool led to “hasty and botched work,” shedding new light on the problems behind the Washington landmark’s $14 million facelift.