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VIDEO: Bill in the works to lower cost of youth sports
Many families are paying about $5,000 per child to get them involved in competitive sports outside of school, according to Sen. Chris Murphy.
Senator proposes bill to lower youth sports costs
Many families are paying about $5,000 per child to get them involved in competitive sports outside of school, according to Sen. Chris Murphy.
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
'Lower the stigma': Kwan hosts chess tourney for mental health awareness
CLEVELAND -- Steven Kwan and the Guardians had a team off-day on Thursday, on the heels of a stretch of playing 13 games in as many days. However, Progressive Field was buzzing with activity for a great cause. Kwan hosted the second annual “Check on Your Mate" chess tournament on
Opinion | Time to ban utilities’ political spending, lower costs for Michiganders
Utility political spending doesn’t just stop good policies from becoming law. It's also an offensive weapon that’s used to push detrimental policies, broadly opposed by a majority of Michiganders and legislators in both parties, over the finish line.
University at Albany opens up campus, and science exploration, to district students
The semester may be over at the University at Albany but the campus is still buzzing with student learning – it just may not be the students you expect. Junior Falcon scientists from North Albany Middle School, Stephen and Harriet Myers Middle School and William S. Hackett Middle School presented their experiments, and findings, to professors and graduate students at UAlbany’s Emerging Technology and Entrepreneurship (ETEC) Complex on Thursday. After the science fair, the sixth and seventh-graders explored ETEC – which houses researchers, educators and entrepreneurs – and the tour was followed by a discussion with a UAlbany atmospheric science researcher and the awards ceremony. Most will likely recognize one of the science fair judges – Damian participated in the project assessments and hopefully recruited some future Great Danes!
Scientists say a daily multivitamin may help slow aging
A daily multivitamin may help slow biological aging, according to researchers studying older adults in a large clinical trial. After two years, participants taking multivitamins showed slower aging in several DNA-based “epigenetic clocks,” with the effect equal to about four months less biological aging. People who started out biologically older than their actual age appeared to benefit the most. The findings hint that a simple supplement could play a role in healthier aging.
Seaport Entertainment Group and the Team Behind Public Records Announce Partnership to Open New Project in New York City’s Seaport Neighborhood
NEW YORK, May 14, 2026--Seaport Entertainment Group (NYSE: SEG) today announced a partnership with Public Service, the organization behind Public Records, to develop a new project in the Seaport in Lower Manhattan. The restaurant concept, which will involve the revitalization of a historic building, is expected to open in 2027. This addition brings an exciting new dimension to one of the most iconic waterfront neighborhoods in New York City.
Palace Theater announces May entertainment calendar
The Palace Theater, located 146 North Water Avenue in Gallatin, has announced a diverse calendar of entertainment events for the remainder of May. The film “Monster-in-Law” will be shown on Saturday, May 16, as part of the theater’s Small-Town Charm series, sponsored by Historic Downtown Gallatin, Inc., and Apple & Dove Flower Company. The event
13 stocks to play a contrarian bet on the US consumer: Piper Sandler
Piper Sandler's Michael Kantrowitz says high yield eventually give way to lower rates, setting the stage for beaten-down consumer stock to rally.
A Look At Flutter Entertainment’s Valuation As FanDuel Leadership Changes And 2026 Guidance Are Trimmed
Flutter Entertainment (NYSE:FLUT) is back in focus after trimming its fiscal 2026 outlook and reporting first quarter results that combined strong sales with lower net income, along with leadership changes at core brand FanDuel. See our latest analysis for Flutter Entertainment. Those first quarter results, the trimmed 2026 outlook and leadership changes at FanDuel have come alongside a sharp reset in sentiment, with the share price down 56% year to date and the 1 year total shareholder...
Moscow bans almost everyone from posting about drone strikes
The ban extends even to government agencies and emergency services, with only the defense ministry and mayor's office allowed to make posts.
Things to do this weekend in Metro Detroit
Flower Day, Motor City Comic Con, art exhibits, concerts and more are on deck around town this weekend, May 15-17.
Instagram's new 'Instants' feature combines elements from Snapchat and BeReal
The feature lets users share disappearing photos with their Close Friends or mutual followers that can be viewed only once and remain available for 24 hours.
CIA calls COVID whistleblower hearing ‘political theater’ in new statement
Fox News congressional correspondent Bill Melugin discusses the CIA’s response to the COVID whistleblower hearing and the absence of Senate Democrats from the testimony on ‘The Faulkner Focus.’
Browns HC Todd Monken Compares KC Concepcion to Ravens' Zay Flowers
New Cleveland Browns coach Todd Monken coached Zay Flowers in Baltimore.
I left LA for Rio. My life is better and cheaper.
Luca Martins moved from Los Angeles to Rio de Janeiro and found a lower cost of living and stronger community.
Rural Health Education Complex grand opening celebration set for Thursday
The ceremony will be followed by self-guided tours of the two buildings.
Fairground Entertainment Solves Streaming's "Scroll Fatigue" with Carousel: A New AI-Driven Content Format
Fairground Entertainment today announced the wide-market launch of Carousel, a first-of-its-kind AI content platform designed to transform streaming libraries into high-engagement, broadcast-ready entertainment. By automating the production of tailored "Discovery Shows," Carousel lowers subscriber churn and helps solve one of the industry's most persistent problems: the 12-minute 'decision paralysis' - the amount of time it takes to choose what to watch.
This daily habit could lower dementia risk by 35%, scientists say
A huge long-term study found that drinking two to three cups of coffee a day was linked to a much lower risk of dementia, especially before age 75. Researchers say caffeine may help keep brain cells active while reducing inflammation and harmful plaque buildup associated with Alzheimer’s disease. But more coffee wasn’t better — the protective effect appeared to level off after moderate intake.
Saros is off to a slower start than Returnal, with some analysts concerned Housemarque "will struggle to break even"
Saros has double the completion rate of Housemarque's previous game Returnal, but the sales aren't as strong.
Cacti are evolving shockingly fast and scientists just learned why
Cacti may look like slow, stubborn desert survivors, but they’re actually evolving at lightning speed. Scientists studying more than 750 cactus species discovered that what really drives the explosion of new cactus species isn’t flower size or specialized pollinators, but how quickly cactus flowers change shape over time. The finding overturns a long-standing idea dating back to Darwin and reveals deserts as surprisingly dynamic ecosystems where evolution is happening fast.
4 economic goals Maine business leaders want the state to reach by 2035
A new report lays out priorities to boost business competitiveness, lower housing costs and increase wages 20% within the next decade.
Baton Rouge entrepreneur rebuilds life one loaf at a time
After surviving three heart attacks and open-heart surgery, Baton Rouge entrepreneur Matt Bolton traded the industrial construction business for a slower—but no less demanding—second act in artisan breadmaking, 225 writes. What began as a sourdough hobby in retirement has grown into BlueRabbit Bakehouse, a Jefferson Highway bakery drawing weekend lines for its small-batch loaves, spreads […]
Effort to roll back business tax breaks collapses at Colorado Capitol
Colorado Democrats in the final day of the legislative session largely abandoned their plan to reverse a suite of tax breaks for businesses and redirect that money to a new tax credit for lower-income families. ...
How AI Is Reshaping Entrepreneurship for Gen Z and Small Business Owners
Artificial Intelligence (AI) is transforming entrepreneurship by lowering barriers like cost, connections, and expertise. As a result, 77% of founders say it’s now accessible to start and grow a business regardless of background. Gen Z is driving this shift, with 73% managing multiple income streams and using AI to start and grow businesses. The result is a rise in flexible “portfolio careers,” where networks, personal branding, and digital tools are key to success. Key findings from LinkedIn’s research: 77% of founders say entrepreneurship is accessible regardless of background 73% of Gen Z entrepreneurs have multiple income streams 69% of founders say entrepreneurship is more achievable than ever 75% of entrepreneurs say networks are critical to success 68% of Gen Z entrepreneurs say AI is important to their business How are Gen Z entrepreneurs reshaping business? New research from LinkedIn shows how the use of AI, shifting career priorities, and evolving definitions of success are reshaping how businesses are started and grown. Gen Z is leading a shift toward more flexible ways of working, with nearly three-quarters (73%) of Gen Z entrepreneurs reporting multiple income streams, compared to 56% of Gen X. This highlights growth in “portfolio careers” designed to build resilience and create greater control over work and income. How is AI making entrepreneurship more accessible? AI and digital tools are making entrepreneurship more accessible, lowering traditional barriers such as cost, connections, and expertise. More than three-quarters (77%) of founders say entrepreneurship is accessible regardless of background, while 69% say it is more achievable today than ever before. Younger entrepreneurs are driving this change, with more than two-thirds (68%) of Gen Z entrepreneurs reporting that AI and digital tools are important to their business, more than twice the rate of Baby Boomers (27%). Nearly one in five (18%) Gen Z entrepreneurs say AI made starting their business feel possible. AI is also helping small business owners compete for talent: 57% of US entrepreneurs say that AI can help them compete with larger companies to find and attract better candidates. Related: The AI Edge for Entrepreneurs
Scientists reversed biological age in older adults with a 4-week diet change
A four-week diet change was enough to make some older adults appear biologically younger in a new University of Sydney study. Participants who reduced fat intake or shifted toward more plant-based protein showed improvements in key health biomarkers tied to aging. The strongest results came from a lower-fat, higher-carb diet, while people eating closer to their usual diets saw almost no change.
'Jury Duty' renewed for a third season on Prime Video
The first two seasons of the Emmy-nominated comedy series followed ordinary people who were unaware they’re in staged situations surrounded by actors.
Supreme Court allows Alabama to eliminate congressional district held by a Black Democrat
The Supreme Court’s conservative majority on Monday allowed Alabama to revert to a congressional map with one majority-Black district in a sudden ruling that drew a dissent from the court’s three liberal justices.
Roanoke family challenges VHSL policy banning homeschool athletes from public sports
Monday, a judge heard arguments over whether the student should be allowed to run while the lawsuit moves forward.
Roundup: Home resales sluggish / Restaurants squeezed / Beef imports
Barely budging: Sales of previously owned U.S. homes barely rose in April from a nine-month low, underscoring a sluggish housing market at the start of the spring selling season. Contract closings edged up 0.2% to a 4.02 million annualized rate, according to National Association of Realtors data out Monday. That was slightly slower than the […]
Scientists Thought Ravens Followed Wolves for Food. They Were Wrong. Ravens Predict Them
New GPS tracking suggests ravens navigate Yellowstone using a mental map of wolf kills.
Trump Endorses Feeble Way to Lower Gas Prices
President Trump has endorsed suspending the federal gas tax, which won’t do much to solve the problem he created when he started the Iran war.
Evers, GOP leaders reach $1.8B deal to lower taxes, boost school funds
Democratic Gov. Tony Evers and Republican legislative leaders have struck a nearly $2 billion deal to deliver new funding to schools and provide tax relief.
The Electric: China's Biggest Battery Maker Is Quickly Expanding Its Rental Business
As they attempt to lower the cost of their electric vehicles, major Western automakers have mostly struggled with a single component: the battery, which can be up to 40% of an EV’s cost.
A live two-toed sloth is coming to Richmond's Science Museum
It's part of a touring exhibition running from May 23 to Sept. 7 called "Survival of the Slowest."
Nintendo plunges 8% after Switch 2 price hike and weak sales forecast
Investors are concerned about Nintendo's outlook of lower Switch 2 sales in the current fiscal year, driven by price rises for the console.
Sphere Entertainment (SPHR) Valuation Check After Q1 Revenue Jump And Analyst Target Upgrades
Q1 earnings spotlight and why Sphere Entertainment is on investor radars Sphere Entertainment (SPHR) has drawn fresh attention after reporting first quarter 2026 results that paired higher sales with a sharply smaller net loss, followed by a series of updated Wall Street analyst views. See our latest analysis for Sphere Entertainment. The stock has cooled in recent sessions, with the 1 day and 7 day share price returns both down a little. However, the 90 day share price return of 36.79% and...
Scientists Press Congress on Dismissal of National Science Foundation Board and Research Funding
The slowed pace of grants by the National Science Foundation, under attack from the White House, could put the United States at a disadvantage with China, the scientists warned.
Ambani's Jio Platforms IPO pivots to pure fundraising, no investor exits, sources say
Mukesh Ambani's Reliance Jio Platforms has pivoted to a pure fundraising for its planned Mumbai listing, selling a 2.5% stake in the offering and dropping earlier plans that would have allowed some shareholders to exit, two sources said.
Mother’s Day boosts flower shop sales despite higher costs
Flower shops across the metro are busy fulfilling Mother's Day orders while managing rising fuel and delivery costs
Why Flutter Entertainment (FLUT) Is Down 6.2% After Q1 Earnings, CEO Exit And Major Buyback
In the first quarter of 2026, Flutter Entertainment reported sales of US$4,304 million, lower net income of US$218 million, and confirmed the completion of a US$1,241.88 million share buyback while announcing the departure of FanDuel CEO Amy Howe and expanded leadership roles for Christian Genetski and Dan Taylor. The combination of softer earnings, a leadership reshuffle at FanDuel, and continued capital returns via buybacks gives investors fresh information on how Flutter is balancing U.S...
Greater weight loss from GLP-1 drugs lowers health complication risk
New research to be presented at this year's European Congress on Obesity (ECO 2026, Istanbul, Turkey, 12-15 May) shows that, following treatment for obesity or diabetes or both using incretin-based drugs, losing more weight versus less weight, and losing a little weight versus gaining weight, both lead to relatively lower risk of obesity-related conditions.
AOC-backed $25 minimum wage could squeeze small businesses in red states
A $25 minimum wage sounds appealing but experts and economists warn it could squeeze small businesses and hit lower-wage states hardest.
Analysis: Anderson sends a reminder to Newcastle
Newcastle did not need any reminder of what they had allowed to leave the club - but Anderson delivered one anyway. The midfielder cost Forest £35m when he joined two years ago and, despite some debatable recent recruitment at the City Ground, he has been a stunning success.
RDU travel surge for graduations, Mother's Day boosts Triangle businesses
One of the busiest travel stretches of the year at Raleigh-Durham International Airport is bringing a surge of visitors -- and spending -- to the Triangle.
Health Insurers Performing Better But There’s Potential Trouble Ahead
Health insurance companies including UnitedHealthcare, CVS Health’s Aetna and Blue Cross and Blue Shield plans are seeing lower costs. But there’s trouble ahead.
Local businesses deal with high gas prices amid Mother's Day rush
Chalifour's Flowers prepped about 1,100 arrangements ahead of Mother's Day. In all, the shop had about 1,800 orders.
Scientists successfully transfer longevity gene and extend lifespan
Scientists at the University of Rochester pulled off a remarkable experiment: they transferred a longevity-related gene from the famously long-lived naked mole rat into mice, and the mice ended up healthier and lived longer. The special gene boosts production of a substance called high molecular weight hyaluronic acid, which appears to protect against cancer, reduce inflammation, and support healthier aging. The modified mice showed stronger resistance to tumors, healthier guts, and lower levels of age-related inflammation.
Jays Crush Angels
Angels 1 Blue Jays 14 The only inning that really mattered was the fifth. The Jays scored seven runs in the bottom of the inning and that was more than enough. But the Jays added six more runs in the seventh and eighth. Trey Yesavage was good enough, for four innings. He allowed four hits, […]
Sen. John Fetterman — again — says he won’t leave the Democratic Party in late-night interview
Pennsylvania Sen. John Fetterman said he's a "committed Democrat" during a late-night talk show interview Friday. His comments followed renewed speculation of a party switch.
Walking Slower? Why Your Ears, Not Your Knees, Might Be the Problem
Apple’s hearing study used real-world data from more than 57,000 iPhone users to make an important health connection.
Walking Slower? Why Your Ears, Not Your Knees, Might Be the Problem
Apple’s hearing study used real-world data from more than 57,000 iPhone users to make an important health connection.
That Mother’s Day bouquet could be getting pricier this year
The flower industry is dealing with higher prices during one of the busiest times of the year.
Goalie Alex Lyon fuels Buffalo Sabres' surge into 2nd round of the playoffs
He and the Sabres took a step back with a 5-1 loss on Friday night. Lyon allowed four goals on 27 shots, and didn't get much support from sloppy defensive play in front of him.
Goalie Alex Lyon fuels Buffalo Sabres' surge into 2nd round of the playoffs
He and the Sabres took a step back with a 5-1 loss on Friday night. Lyon allowed four goals on 27 shots, and didn't get much support from sloppy defensive play in front of him.
Is Autodesk (ADSK) Using Small-Business Flex Pricing To Quietly Redefine Its Competitive Moat?
Earlier this month, Autodesk Inc. launched “Autodesk for Small Business,” introducing a Small Business Hub, product refinements across AutoCAD, Revit, Fusion, and Flow Studio, plus more flexible Autodesk Flex token and pricing options in the US and UK. The initiative materially lowers onboarding complexity and upfront commitment for small firms, potentially broadening Autodesk’s customer base while giving these users a clearer feedback channel into future product development. Next, we’ll...
Proposed NC constitutional amendment would ban corporate political spending
A North Carolina lawmaker wants voters to decide whether corporations should be allowed to spend money to influence elections in the state.
Breece Hall’s $45.75 million Jets payday ‘really hit different’
Breece Hall was in his feels after inking a $45 million extension with the Jets on Friday, which allowed him to avoid playing on the franchise tag.
Fact check: Trump posts wildly deceptive chart on oil prices
Oil prices are higher now than they were when President Donald Trump returned to the White House in January 2025. But Trump posted a wildly deceptive chart on Friday that wrongly suggests oil prices are lower than they were upon predecessor Joe Biden’s departure.
Sony forecasts lower gaming business sales amid memory price surge
By Sam Nussey TOKYO, May 8 (Reuters) - Sony forecast on Friday annual sales at its gaming business would fall 6% to 4.42 trillion yen ($28 billion) due to lower hardware sales as its PlayStation 5 ages and as the industry grapples with a surge in memory chip prices. The Japanese company, however, said it expects gaming profit to rise 30% due to higher first-party software sales and the absence
Sony forecasts lower gaming business sales amid memory price surge
STORY: Sony forecast lower sales in its gaming business due to a memory chip price surge.The tech giant said Friday annual sales in the segment would fall 6% to $28 billion.It also blamed lower hardware sales as its PlayStation 5 ages.Although the Japanese company said it expects gaming profit to rise 30%.That's due to higher first-party software sales and no repeat of the impairment loss it recorded a year earlier.Sony has been praised by analysts in recent years for its transformation into an entertainment powerhouse.But markets have grown concerned about the impact of AI on its business, while Sony also faces a perceived lack of growth catalysts.Both factors have weighed on shares in recent months.Investors are also concerned about the impact of a memory-chip price surge.As well as disruption to supply chains from the Iran war on margins at electronics manufacturers.The firm said it sold 1.5 million PS5 consoles in the fourth quarter, which was a 46% drop on the same period a year earlier.Looking ahead, the PS5 is expected to receive a major boost from the launch of the delayed "Grand Theft Auto VI."The game is due to release in November.Sony said in February it had secured the minimum quantity of memory needed to manage the year-end shopping season. Sony also said it sees higher profits at its pictures and chips units but a lower profit at its music business.The group reported operating profit for the year ended March rose 13.4% to $9.2 billion - below analyst forecasts. Meanwhile, rival Nintendo said it expects to sell 16.5 million units of its Switch 2 console in the financial year ending March 2027.It also projects profit to rise 2.7% to $2.36 billion.But, like with Sony, investors are concerned about the possible impact of a memory price surge on margins.
Central California health agencies monitoring hantavirus outbreak
The CDC has activated its Emergency Operations Center and classified a hantavirus outbreak as a Level 3 response, the agency's lowest level of emergency activation, signaling a low risk to the general public.
US and Iran trade fire, threatening fragile truce
Any agreement between the United States and Iran could also help lower tensions in Lebanon
US job growth likely slowed in April as boost from temporary factors fades
U.S. job growth likely slowed in April as the boost from warmer weather and return of striking health workers faded, but that would not signal a material change in labor market conditions, with the unemployment rate expected to have held steady at 4.3%.
Sony Pictures Entertainment Earnings Q4 2025 and Fiscal 2025
Sony Pictures Entertainment turned in roughly flat revenue for fiscal year 2025, as higher sales at its Crunchyroll anime streamer and its global blockbuster film "Demon Slayer: Kimetsu no Yaiba Infinity Castle" were offset by overall lower revenue from theatrical releases.
Sony Pictures Entertainment Revenue Flat for Fiscal Year 2025 at $9.9 Billion, Profit Takes Hit From Shutdown of Pixomondo VFX Division
Sony Pictures Entertainment revenue came in roughly flat for fiscal year 2025, as higher sales at its Crunchyroll anime streamer and the success of global blockbuster film “Demon Slayer: Kimetsu no Yaiba Infinity Castle” were offset by overall lower revenue from theatrical releases. For the year ended March 31, 2026, Sony Pictures Entertainment had sales …
Sony forecasts 11% rise in annual profit but lower sales
Sony forecast on Friday its operating profit for the year ending March 2027 would rise 11% to 1.6 trillion yen ($10.20 billion), with higher profit but lower sales at its main gaming business.
A simple dietary change could lower your blood pressure risk by 30%, study suggests | BBC Science Focus Magazine
An estimated 1.4 billion adults worldwide have high blood pressure, putting them at risk of heart attacks and strokes.
Maine candidate for governor unveils plan to lower energy costs
Bennett said he wants to trim back electric company profits, help heritage industries, increase efficiency and create a new authority to look to the future.
Women lead as health and wellness influencers. Why do so many men have more followers?
The dominance in that online space comes as 4 in 10 U.S. adults say they get health and wellness information from social media influencers or podcasts.
What healthcare AI cannot be allowed to become, according to one CIO
If the most powerful technology of the era simply squeezes margin from a system that already prioritizes throughput over healing, that's not innovation, says Dr. Ash Goel – it's automating the dysfunction.
Govee's More Color-Accurate Lighting Comes to Its New Floor Lamp
The colorful, rigid, upright rod of accent lighting has smooth, band-less gradients even at the lowest brightness.
Magic mushrooms make mean fish lazier and more chill
Psilocybin may selectively lower aggressive behavior in the the notoriously nasty mangrove rivulus.
Pixel’s Tensor Chips Can Easily Handle Liquid Glass, But Google’s Approach Promises One Benefit, Preventing This UI Transition
The Pixel’s Tensor SoCs might be slower than the competition, but they can easily handle the Liquid Glass UI, but Google may never adopt it for one reason
The ChatGPT-ification of American Business
Companies like Starbucks and Lowe’s are hoping to get closer to customers with new apps that integrate into OpenAI’s ChatGPT interface.
The top health care worry among MAHA supporters isn't what you think
The top worry among MAHA followers is remarkably similar to the rest of the nation − rising health care costs, according to a poll from KFF.
Illinois Treasurer Michael Frerichs Relaunches State Retirement Program for Small Businesses with Lower Fees and New Name
Illinois State Treasurer Michael Frerichs today announced lower fees and technology improvements for employers and savers of the Illinois Secure Choice Savings Program, which will take effect in June 2026.
MAHA voters support lower health care costs above vaccine safety and limiting pesticides, poll finds
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Mina The Hollower Finally Lands On Switch 1 & 2 In Just A Few Weeks
Squeaking into that Spring window
FBI raids Sen. Louise Lucas’ Portsmouth office, cannabis business
Federal agents on Wednesday morning raided the Portsmouth office of state Sen. Louise Lucas, one of Virginia’s most powerful Democratic lawmakers, with multiple news outlets reporting an extensive law enforcement operation that included FBI agents, SWAT teams and court-authorized searches tied to several locations across the commonwealth.Fox News, who was first to report the news, said the FBI executed search warrants at several sites, including Lucas’ legislative office in Portsmouth. Staffers inside the building were ordered outside and were not allowed to re-enter as agents searched the premises. Witnesses saw federal agents carrying boxes out of the building.
Sunflower Sports Report (5/3): Nowhere is home: Peyton Williams’ basketball journey
After two short-lived WNBA opportunities, Peyton Williams built the bulk of her career across multiple countries, adjusting year to year.
Opinion: To lower health care costs, widen the pool providing routine care | Harvard T.H. Chan School of Public Health
Rethinking who is allowed to do certain health care tasks—and increasing the supply of providers at every level—could help lower health care costs in the U.S., according to an opinion piece co-authored by Harvard Chan School’s Thomas Tsai and Ashish Jha.
Leaker: This Is Why Apple Is Delaying the iPhone 18
Apple proactively chose to delay the standard iPhone 18 as a deliberate market strategy, the leaker known as "Fixed Focus Digital" claims, with the move said to extend the iPhone 17's sales window while lowering production costs and improving Apple's competitive position against Android rivals.
Here's the age when we're most unhappy according to science - Futura-Sciences
Over the course of a lifetime, people move through brighter periods and darker ones. These shifts can happen early in life and return again later on. But when do people truly hit their lowest point? That is the question a British economist set out to answer. His analysis draws on...
Energizer’s new coin batteries won’t cause ingestion burns if swallowed
Energizer’s new coin batteries are safer to swallow, but please avoid that.
Restore Britain: is new far-right party a threat to Farage?
Rupert Lowe’s upstart outfit could cost Reform UK crucial votes or drag it even further to the right
KFF Health Tracking Poll: MAHA and the Midterms
This KFF Health Tracking Poll finds that the cost of health care is a more prominent focus for Make America Healthy Again (MAHA) voters than issues like food and vaccine policy. Four in ten MAHA voters (42%) choose lowering health costs as the most important health priority, outranking other MAHA priorities.
Eggs and brain health: New study cracks open Alzheimer’s link
A long-term study suggests that eating eggs regularly may be associated with a lower risk of developing Alzheimer’s disease in older adults.
Microsoft's Windows 11 update just fixed memory leaks, slow startup, and File Explorer bugs
Microsoft is fixing Windows 11's biggest bugs. The new update stops the File Explorer white flash, lowers RAM usage, and speeds up PC startup.
New bestseller featuring Sacramento tax strategist offers roadmap to lower taxes for small businesses
A Sacramento-area tax strategist is gaining national attention after helping launch a new bestselling guide aimed at helping small business owners legally reduce their tax burden.
Dodgers starting pitchers providing length
The National League pitcher of the month for March/April, who walked twice, drove in a run and scored a pair of runs as a hitter in Monday’s series opener at Daikin Park, makes his first pitching start of May on Tuesday night against the Houston Astros. Shohei Ohtani has allowed only four runs to date […]
Orioles' 'dominant' journeyman reliever has allowed one hit in 2026
This came out of nowhere for the 32-year-old.
iPhone 18 Downgrades Rumored Yet Again
The standard iPhone 18 and the lower-cost iPhone 18e are said to share components, according to the leaker known as "Fixed Focus Digital," as further evidence that Apple is narrowing the gap between the two devices. In new posts on Weibo, Fixed Focus Digital said that certain parts are interchangeable between the two models, adding that the information originates from a reliable manufacturing source.
FedEx Freight Incoming CEO: Sustainability Must Be Built on Business Reality
FedEx Freight incoming CEO John Smith framed cleaner LTL operations as a business-first transition built around safety, efficiency, lower emissions and real-world fleet performance.
Charting how Trump became a historically unpopular president
President Donald Trump appears to be more unpopular than he’s ever been. In fact, his 35% average approval rating in the CNN Poll of Polls means he’s now flirting with George W. Bush territory. Bush is the only president since Jimmy Carter to spend a sustained period of time in the mid-30s or lower. And all of it is putting the Republican Party at risk of a severe rebuke from voters in just six months’ time in the 2026 midterm elections. It’s been a pretty gradual, steady deterioration throughout Trump’s more than 15 months back as president, but a few things stand out.
Launching a Customized Career Through Intentionality
Bo Dwyer's time at the College of Charleston allowed him to use AI and data science to launch his dream career in boating.
Sunflower Sports Report (5/3): Biggest headlines of the week
Here are the biggest headlines this week on Sunflower Sports Report.
Why Competitive Politics Can Pull Development Finance Away from Need
By Keyi Tang As development finance tightens, the most important question may not be who is lending, but how domestic politics shapes where the money goes. When a foreign-financed road is opened, the picture is clear that this project will connect farmers to markets, lower transport costs and bring neglected communities closer to opportunity. But […]