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How one rural health system is designing targeted AI pilots to ease care delivery pressures
Berkshire Health Systems CIO William Young says artificial intelligence must do more than impress people with new features. It has to save time, cut waste, and help a rural health system survive mounting financial and operational strain.
Opinion: Anchorage must stop treating small businesses like major developments
If city leaders want more local businesses, they should start by making low-impact projects faster, clearer and less financially punishing.
‘A breath of fresh air’: San Antonio businesses cash in on Spurs’ playoff run
San Antonio is feeling more than just playoff excitement as businesses are seeing a real financial boost with the Spurs advancing through the postseason.
Self-funding and special interests: How money shapes California’s political campaigns
The 2026 governor’s race has been marked by major financial backing, either from candidates themselves or a variety of special interests.
Alumnus commits $1M to Pitt Law for business, banking and financial programs
The money will be used for speaker series, faculty hires and curriculum development.
PAVmed Provides Business Update and Reports First Quarter 2026 Financial Results
/PRNewswire/ -- PAVmed Inc. (NASDAQ: PAVM) ("PAVmed" or the "Company"), a diversified commercial-stage medical technology company, operating in the medical...
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
Reform donor and crypto billionaire Christopher Harborne takes sixth place in UK Rich List as wealthiest people grow richer
Rolling coverage of the latest economic and financial news
Craig Leipold, Local Businesses Buy Saint Paul Hotel
The Minnesota Wild owner, Ecolab, and Securian Financial are new owners of the landmark hotel, which will get a major renovation.
NANO Nuclear Reports Q2 FY 2026 Financial Results and Provides Business Update
Management to hold webcast today at 5:00 pm Eastern
Let the Postal Service Operate Like a Business
The U.S. Postal Service’s financial woes are largely caused by government interference.
Trump’s ‘financial situation’ gaffe underscores his Iran war problem
President Donald Trump has governed throughout his second term like a man who wields unconstrained power. It tends to prompt frustrations for him later when the approach runs headlong into reality.
This Week in Jacksonville: Business Edition - City leaders push for practical money skills in schools
Florida now requires a stand-alone personal financial literacy course for high school graduation - but guests on This Week in Jacksonville: Business Edition say the real question is whether it changes behavior. Host Kent Justice talks with Dr. Ronetta Wards of the Jacksonville Public Education Fund (JPEF) and Howard Dale of the Rotary Club of Jacksonville about what “financial literacy” should actually mean for 17- and 18-year-olds: credit, debt, taxes, budgeting, savings, investing, and even emerging currency like crypto.
Report: Eagles-Seahawks set for Saturday matchup in Week 15
Ryan Fowler of NBC Sports Philadelphia reports the Eagles will host the Seahawks in a Week 15 Saturday matchup at Lincoln Financial Field.
Anthropic, Gates Foundation launch $200 million partnership for AI in health, education
SAN FRANCISCO, May 14 (Reuters) - Anthropic and the Gates Foundation have pledged $200 million to back artificial intelligence-related public goods and areas including health and education, they said on Thursday. Support from Anthropic's technical staff and usage credits for its Claude AI will account for its half of the financial commitment, while the Bill Gates co-founded Gates Foundation will provide grant funding, program design and expertise, officials told Reuters.
Howard Community College Featured in 'State of Business' Address
In his Business Outlook Luncheon remarks at Turf Valley Resort last week, Howard County Executive Calvin Ball outlined how Howard County “stands on business” through five pillars: managing crises, investing in people, backing businesses, making strategic investments, and preparing for the future. Howard Community College appears by name in the pillar that anchors the others: investing in people. Dr. Ball highlighted the $11 million county investment in HCC’s Cathy and Danny Bell Workforce and Trades Center, which will open this fall. He described the facility as a world-class center with state-of-the-art training in key industries, championed by HCC President Dr. Daria J. Willis, and positioned to help Howard County compete with institutions worldwide. He also recognized HCC’s Complete4Success program, supported by a $3.5 million county investment in 2022, as a continuing driver of certifications and degrees that prepare students to enter Howard County’s workforce ready to contribute on day one. Dr. Ball connected HCC’s work to the broader economic moment in the county, including more than 1,580 apprentices now training across Howard County businesses, up from roughly 1,100 in 2018, and the SPARK program that bridges classroom learning to high-demand industries. Each of these efforts depends on the kind of workforce pipeline HCC is built to deliver. Educational Services is one of the top three employment sectors for county residents, alongside Professional, Scientific, & Technical Services and Health Care & Social Assistance. HCC will award 1,263 degrees next week at its annual commencement ceremony, and every year, that output feeds directly into the industries the County Executive named as drivers of Howard County’s growth. The full picture also includes the families who are not yet there. The 2024 ALICE update from United Way of Central Maryland found that 35,346 households in Howard County, 29% of the total, fell below the ALICE Threshold in 2022, meaning they earned more than the Federal Poverty Level but less than the basic cost of living in the county. The Household Survival Budget for a Howard County family of two adults, an infant, and a preschooler reached $118,608 annually, requiring an hourly wage of $59.30 to cover housing, child care, food, transportation, and other essentials. Affluence and economic strain coexist within the same county lines. That gap is the reason higher education and economic development are inseparable. Every certification, associate degree, and apprenticeship credential issued at HCC represents a household closer to crossing the ALICE Threshold and into long-term financial stability. The Bell Center, Complete4Success, Howard P.R.I.D.E., Parent Scholars, and the institution’s transfer-rate gains are significant components of Howard County’s economic mobility infrastructure. HCC is grateful to Dr. Ball for his sustained partnership over nearly eight years of service and for recognizing that this college plays a central role in the economic story Howard County is telling. Standing on business in Howard County means standing alongside the flagship institution that prepares its workforce.
Lucid Diagnostics Provides Business Update and Reports First Quarter 2026 Financial Results
/PRNewswire/ -- Lucid Diagnostics Inc. (Nasdaq: LUCD) ("Lucid" or the "Company") a commercial-stage, cancer prevention medical diagnostics company, and...
UofL aims to fix college sports spending, but it's missing best answer
University of Louisville administrators spoke to the Knight Commission on how to fix college sports' financial model. They're missing the best answer.
CVS Health® and WGU launch online pre-pharmacy degree program for future pharmacists nationwide
New program helps reduce financial barriers to higher education while building a stronger, more robust pharmacy workforce
UK GDP report to show how Iran war hurt economy in March
Rolling coverage of the latest economic and financial news, including the UK’s latest GDP report
New Mexico politicians grapple with oil windfall from Iran war that's both 'awesome' and awkward
A global oil bottleneck in the Strait of Hormuz has created a financial windfall on the other side of the world in New Mexico that is both enviable and politically sensitive in a Democratic-dominated state.
Major airlines throw huge curveball at City Hall bosses over mass wage hike plot
Los Angeles City Council may have dodged financial ruin Wednesday, but only temporarily, after furious business leaders forced City Hall into emergency negotiations over a massive Olympic wage hike.
Precigen Reports First Quarter 2026 Financial Results and Business Updates
Precigen, Inc. (Nasdaq: PGEN), a commercial-stage biopharmaceutical company specializing in the advancement of innovative precision medicines to improve the lives of patients, today announced first quarter 2026 financial results and business updates.
INOVIO Reports First Quarter 2026 Financial Results and Recent Business Highlights
Biologics License Application (BLA) for INO-3107 actively being reviewed under the accelerated approval program by the U.S. Food and Drug Administration (FDA)...
Precigen Reports First Quarter 2026 Financial Results and Business Updates
PAPZIMEOS™ launch gaining strong momentum with $21.6 million in net product revenue in the first quarter of 2026 reflecting broad-based uptake across the US...
Governor Newsom Taps Former CFPB Director Rohit Chopra to Lead New Business and Consumer Super‑Agency in California
Yesterday, California Governor Gavin Newsom announced the appointment of Rohit Chopra, former Director of the Consumer Financial Protection Bureau (CFPB)
Canadian-based company ceases operations; dozens of people laid off in Pennsylvania
The company said its financial position has worsened significantly since 2021, and that it had faced additional pressure since 2024 due to the imposition of tariffs by the U.S. government, post-pandemic reductions in consumer demand, increased competition from offshore competitors, and ongoing cash constraints.
Johnson defends Trump over comments about Americans' financial situations
On Tuesday, the president told reporters he doesn't think about Americans' financial situation "not even a little bit"
Sturgis Bank Partners with MANTL to Transform Business and Retail Account Opening Across All Banking Channels
/PRNewswire/ -- Alkami Technology, Inc. (Nasdaq: ALKT) ("Alkami"), a digital sales and service platform provider for financial institutions in the U.S., today...
Palatin Reports Fiscal Third Quarter 2026 Financial Results and Provides Business Update
Palatin Technologies, Inc. (NYSE American: PTN), a biopharmaceutical company developing medicines that target the melanocortin receptor (MCR) system, today announced financial results for its fiscal third quarter ended March 31, 2026, and provided a business update.
Alto Neuroscience Reports First Quarter 2026 Financial Results and Recent Business Highlights
MOUNTAIN VIEW, Calif., May 13, 2026--Alto Neuroscience, Inc. ("Alto") (NYSE: ANRO), a clinical-stage biopharmaceutical company focused on the development of novel precision medicines for neuropsychiatric disorders, today reported financial results for the quarter ended March 31, 2026, and highlighted recent progress across its pipeline of clinical-stage product candidates.
Protalix BioTherapeutics Reports First Quarter 2026 Financial and Business Results
Company to host conference call and webcast today at 8:00 a.m. EDT Elfabrio commercial execution continues following European Commission approval of the 2...
Trump says he ‘doesn’t think about Americans’ financial situation’ as he heads to China for talks with Xi Jinping
President says he ‘doesn’t think about anybody’ when questioned on financial impact of the Iran war as he departed for Beijing
Alibaba Group Announces March Quarter 2026 and Fiscal Year 2026 Results
Alibaba Group Holding Limited today announced its financial results for the quarter and fiscal year ended March 31, 2026.
Innate Pharma Reports First Quarter 2026 Business Update and Financial Results
MARSEILLE, France, May 13, 2026--Regulatory News: Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA) ("Innate" or the "Company") today reported its business update and consolidated financial results for the quarter ending March 31, 2026.
WATCH: 'I don't think about Americans' financial situation' when negotiating with Iran, Trump says
A reporter asked Trump on Tuesday to what extent American’s financial straits are motivating him to make a deal.
Trump Says Americans’ Economic Pain Is Not a Consideration for the Iran War
Asked whether Americans’ financial situation was motivating him to make a deal, President Trump said bluntly, “Not even a little bit.”
Amid war, Trump says he doesn’t ‘think about Americans’ financial situation’
Trump said he is only concerned about Iran not having a nuclear weapon. “I don’t think about anybody,” he added.
Relmada Therapeutics Reports First Quarter 2026 Financial Results and Provides Business Update
Positive 12-Month Phase 2 data for NDV-01 demonstrated a 95% complete response (CR) rate at any time and a durable 76% CR rate at 12 months in high-risk non-muscle invasive bladder cancer (NMIBC), and a 94% CR rate at any time and a durable 80% CR rate at 12 months in the BCG-unresponsive subpopulation, reinforcing best-in-class potential in NMIBCOn track to initiate Phase 3 RESCUE registrational program in second line (2L) BCG-unresponsive and adjuvant intermediate-risk NMIBC in mid-2026Filed p
NYDFS Ramps Up Health Care Cybersecurity Enforcement With $2.25 Million Settlement
On April 29, 2026, the New York Department of Financial Services (NYDFS) announced the finalization of a $2.25 million settlement with Delta Dental of New York and Delta Dental Insurance Co.,…
From marketing to wealth management, financial services leader draws on family business background
This week's Up-and-Comer is Jordin Edwards, wealth management services relationship manager at First Bank & Trust.
Kennesaw State to launch Bachelor of Science in Financial Technologies this fall
A recognized leader in financial technology education, Kennesaw State University will be the first Georgia institution to offer both undergraduate and graduate degrees in the field with approval of a new Bachelor of Science in Financial Technologies.
There's a New AP Business Course. College Board's CEO Explains Why (Opinion)
David Coleman talks financial literacy, workforce readiness, and engaging Gen Z.
Galaxy Entertainment Group Selected Unaudited Q1 2026 Financial Data
Leading Macau’s Non-Gaming Diversification Through Mice, Entertainment and Sporting Events Q1 2026 Group Normalised EBITDA of $3.6 Billion, Up 21% Year-on-Year, Flat Quarter-on-Quarter Continued to Ramp Up Capella at Galaxy Macau Business A Final Dividend of $0.80 Per Share Payable in June 2026 HONG KONG, May 12, 2026 (GLOBE NEWSWIRE) -- Galaxy Entertainment Group (“GEG”, “Company” or the “Group”) (HKEx stock code: 27) today reported results for the three-month period ended 31 March 2026. (All a
UK bonds under pressure, and pound falls, amid ‘political uncertainty’ over Starmer’s future
Rolling coverage of the latest economic and financial news
UK bonds under pressure, and pound falls, amid ‘political uncertainty’ over Starmer’s future
Rolling coverage of the latest economic and financial news
Officials: Lack of community financial commitment stalled Dubuque sports facility project
Three years after a company based in Arizona took possession of the Dubuque Soccer Complex, officials with the company say they remain committed to constructing an indoor sports facility elsewhere
How to make the ROI business case for direct tax automation
Discover the ROI of automated direct tax software. Learn how to build a compelling business case with measurable financial benefits and strategic advantages.
BMO Financial Group to Sell Transportation-, Vendor-Finance Businesses to Stonepeak
The proposed sale includes a combined loan and lease portfolio in the U.S. and Canada that totals about $10.6 billion as of the end of March.
Stonepeak to Acquire BMO Transportation and Vendor Finance
NEW YORK & TORONTO – May 11, 2026 – Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and BMO Financial
Hims & Hers Health, Inc. Reports First Quarter 2026 Financial Results
SAN FRANCISCO, May 11, 2026--Hims & Hers Health, Inc. ("Hims & Hers" or the "Company", NYSE: HIMS), the leading health and wellness platform, today announced financial results for the first quarter ended March 31, 2026. Moving forward, the Company plans to transition to an annual rather than quarterly shareholder letter and will continue to provide regular updates through a quarterly earnings call, earnings release, and supplemental materials.
HOK’s John Rhodes Talks Sports Venue Brand Engagement with the Financial Times
The Financial Times featured HOK’s John Rhodes on brand engagement in stadiums and arenas—and what it means for venue design and the fan experience.
Jeff Kilburg on Intel: Foundry business is the catalyst driving the stock higher
Jeff Kilburg, KKM Financial CEO, joins 'The Exchange' to discuss Kilburg's investing take on Intel and Micron.
Business graduate creates a diversified portfolio at Mizzou
Chase McQueary is headed to the financial hub of Chicago after investing in himself at Mizzou.
The Future is Now: The Roy Blunt Health Science Building Nears Completion
Beginning in April of 2024, both MSSU’s faculty and students have closely observed the construction of the Roy Blunt Health Science building. Over the course of two years, the building has quickly taken shape, signifying the beginning of a new future for MSSU’s health students. Linda Eis, MSSU’s Chief Financial Officer, and Dr. Dean Van Galen, president of the university, share insight on the building’s...
RadNet revises financial projections upward after ‘record’ quarter, with revenue up 22%
This comes after RadNet executed several acquisitions so far this year, including buying French AI firm Gleamer for approximately $270 million.
How Tennessee pays for Neyland Entertainment District, G10 garage
Tennessee will rake in revenue from Neyland Entertainment District while bearing no financial risk in the $280 million project, CFO David Miller says.
As ranks of uninsured grow, charity care can be hard to come by at many hospitals
An investigation of hospital data and charity care programs shows most Minnesota hospitals provide little financial aid to patients and often make assistance difficult to get.
NJ school districts slammed with health costs are laying off teachers
As spiking health care costs and other expenses test their financial sustainability, districts are laying off teachers and cutting programs.
UK ‘to lose 163,000 jobs in 2026’ amid Iran war fallout, as oil price jumps again
Rolling coverage of the latest economic and financial news
Business Briefs May 11, 2025: Business news in the Berkshires and beyond
Business news from Williams College Museum of Art, Beacon Financial, Berkshire Workforce Board, Literacy Network, and more
Sen. Joni Ernst presents Small Business Award to Boone River Financial Friday
In celebration of National Small Business Week, U.S. Sen. Joni Ernst, R-Iowa, presented an official document on Friday to Webster City’s Boone River Financial. Owned by Andy Hejlik and his wife Tami, the document recognized their business as Hamilton County’s Small Business of the Week. “This is an official document of the United States Senate,” […]
Lake Orion businesses face financial strain from Oakland County water main break
Man who fled to Hawaii nabbed by authorities for large financial fraud in Orlando
'This case exemplifies the reach of our Statewide Prosecutors, who partner with state, local, and federal law enforcement to bring criminals back to Florida.'
Trump’s role as LIV Golf host renews scrutiny over conflicts of interest
Experts are raising conflict-of-interest and ethical concerns after President Donald Trump hosted a LIV Golf event at his Virginia property this weekend, renewing scrutiny over whether the Trump family is financially benefiting from his time in office while supporting a golf league backed by a government accused of human rights abuses.
UVM Health must cut expenses by $300 million in three years, independent liaison finds
University of Vermont Health faces $300 million expense cuts and improved efficiency in outpatient clinics to meet financial goals.
Chicago Teachers Union wants $8.5 million dues hike to fund politics
“Has your brand become toxic?” This was a pointed question from WGN Political Editor Tahman Bradley, posed to Chicago Teachers Union President Stacy Davis Gates in a recent interview. Her immediate response: “I don’t understand the question.” When pressed, Gates added, “The Chicago Teachers Union is not a political party, it is a labor union.” But internal union documents show CTU leadership is trying to skim $8.5 million more from teacher paychecks explicitly for politics, while trying to silence union members critical of Gates’ leadership. Under the proposed dues hike, Chicago teachers would see up to $800 more per year flow from their paychecks to union coffers. The union already takes in more than $40 million a year, mostly from dues. And it spends less than 18 cents of every dollar on teacher representation. The No. 1 reason for the proposed dues hike? Politics. “We must win a majority of the first 21 person fully elected school board in November,” reads the first point in CTU’s member FAQ document.1 This directly contradicts CTU’s promise to members about how leadership uses dues money. The official CTU handbook tells members that the union does not use dues money for politics, so if they are interested in funding political activity, they should consider voluntary donations to CTU’s political action committee. “Our dues are not used for political purposes,” according to the handbook. “So our PAC relies on extra contributions from our members to support progressive candidates and to impact elected officials at the city, county and state levels.” This kind of double-speak is one reason members are concerned about another constitutional change slipped into the dues hike vote, which will take place on May 20-21: an attempt to stop members from holding the union accountable. A proposed amendment to the union constitution tries to place limits on when members may bring a lawsuit against the union for violating members’ rights.2 This provision is clearly a response to members’ lawsuit against union leadership regarding Gates’ years-long refusal to publish audited financial statements. The judge in that case has repeatedly denied the union’s attempts to dismiss it. Teachers opposed to these changes have been circulating this flier, urging members to vote no. What will CTU members get in return for millions of dollars in additional dues? If the 2024 school board elections are any indication—not much. CTU leadership’s record on school board races may not inspire confidence among members. A Chicago Policy Center analysis of a dozen affiliated PACs found CTU spent nearly $2.9 million on school board races in 2024. Of that spending, more than $2.1 million (75%) went to losing candidates. And while CTU-backed candidates lost six of the nine competitive seats overall, they fared worse in their biggest-spending races, losing five of six contests in which the union and its affiliates put up more than $250,000 for their candidate. The Chicago school board elections take place Nov. 3.3 Is another $8.5 million enough to clean up a toxic reputation? Not likely. Update on federal tax credit scholarship: Last week, Democratic New York Gov. Kathy Hochul said she plans to opt into the federal tax credit scholarship program. If Illinois Gov. JB Pritzker follows suit, Illinois could unlock $1 billion in donor money statewide for both public- and private-school students. If Illinois does not opt in, that money will flow to other states. The Last Ward reported in February on how Illinois Democrats could unlock at least $100 million in new resources for Chicago public-school students by opting in. Update on the investigation into how Chicagoans learned about a meeting to hike their property taxes: The Last Ward reported in January on an absurd, taxpayer-funded investigation into how local media learned of a planned Chicago school board meeting to hike the district’s property tax levy. That investigation is now complete. Lawyers interviewed two dozen witnesses, and found nothing. Update on Illinois’ muni debt crisis: My colleague Joe Tabor last week published a must-read piece in Crain’s Chicago Business about how Illinois recently rejected south suburban Harvey’s request to be designated a “distressed city.” The saga shows why the state must implement a better structure to assist insolvent local governments, including allowing for the option to pursue debt relief via Chapter 9 bankruptcy. The Last Ward reported in October on how Harvey is tipping the first domino in Illinois’ municipal debt crisis. Mincing Rascals: I joined the Mincing Rascals podcast to discuss the SAFE-T Act, the millionaires tax, and more. My “green light” recommendation: Force Majeure (2014). 1 Notably, the No. 2 reason cited is “resources to fund a state-wide millionaires tax campaign in order to fully fund the state’s school funding formula.” The constitutional amendment necessary to implement a progressive income tax in Illinois recently died in the Illinois House, meaning this question would not appear on the ballot until 2028 at the earliest. 2 There is seemingly no single-subject rule for CTU constitutional amendments. So members only get one vote on the full package. One cannot vote “yes” on the dues hike and “no” on the restriction of members’ rights, for example. 3 Illinois law grants far too much power over local government to unelected officials like Gates. State lawmakers should fix that.
Jennie takes home 20 billion won from self-founded OA Entertainment over two years
K-pop star Jennie has received more than 20 billion won ($13.68 million) in earnings distributions from her own entertainment company in just two years, according to filings with the Financial Supervisory Service on Sunday.
Jacksonville event offering free health and wellness services is ‘a big help’ for local patients struggling financially
Ascension St. Vincent’s hosted its Medical Mission at Home event Saturday at the Prime Osborn Convention Center, offering free health and wellness services to uninsured and underserved members of the Jacksonville community.
Nintendo Announces $50 Switch 2 Price Increase as Pokémon Pokopia Crosses 4 Million Sales
Pokémon Pokopia is widely known to have been a successful launch for Nintendo, with the life sim having recently climbed its way to the top of Metacritic's 2026 game rankings with an impressive 89 Metacritic score. Now, recent financial filings indicate that Pokopia has been more than simply a criti...
Small Business Deduction Shouldn't Exclude Independent Financial Advisors - Americans for Tax Reform
Americans for Tax Reform urges the Trump Treasury Department to issue guidance allowing independent financial advisors to fully qualify for the 20 percent
Business Office Leader Improved Financial Systems and Oversight at Chico State
Over 35 years in Chico State’s business office, George Wellman transformed how the University manages its finances through a steadfast commitment to accuracy and efficiency.
A couple lives in 527-square-foot tiny house; it saves them money
Jessica Rust and her husband bought a tiny home outside New Orleans for $37,500. Thirteen years later, they love the financial freedom it gives them.
North Star Health Alliance secures $60M loan from state following bankruptcy
Leaders say this is due to financial pressure caused by increased costs, workforce constraints and other challenges.
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.
PS5 sales expected to decline due to generative AI memory drought and rising prices
Sony has released its financial results for the past fiscal year. Inside, it predicts a decrease in PS5 hardware sales in the next 12 months.
NC loses abortion clinic as pressures mount on providers
The closure of A Woman’s Choice in Greensboro highlights the financial and operational strain providers face under tighter abortion restrictions.
Longtime Mario developer Takashi Tezuka retiring as executive officer from Nintendo
According to Nintendo, Takashi Tezuka is retiring from his role as an executive officer. This little piece of news snuck in as part of the company’s financial results that were published today. Right now it’s unclear what Tezuka’s role is going forward. Tezuka won’t be an executive officer, but we can’t say for sure if he’s retiring from Nintendo entirely....
Oil back over $100 as US-Iran ceasefire comes under pressure; UK house prices drop
Rolling coverage of the latest economic and financial news
Nihar Gala Scholarship Program for American Entrepreneurs Launches to Support Emerging American Entrepreneurs and Business Leaders
Seaford, Delaware--(Newsfile Corp. - May 8, 2026) - The Nihar Gala Scholarship for American Entrepreneurs officially opens its application cycle, offering a strategic opportunity for undergraduate students and aspiring business professionals across the United States. This initiative focuses on identifying the next generation of innovators who demonstrate resilience and a clear vision for the future of the American economy. By providing financial support and a platform for creative thought, Nihar
Hillhouse Is Said to Near Deal for Marsh’s Risk Adviser and Broker PCS
Hillhouse Investment is nearing a deal to buy Marsh’s financial risk manager and life insurance broker for high-net-worth individuals, primarily in Asia, according to people familiar with the matter.
PS5 shipments top 93.7 million
PlayStation 5 has shipped 93.7 million units worldwide, Sony announced in its financial results for the three months ended March 31, 2026.
IN8bio Reports First Quarter 2026 Financial Results and Recent Business Highlights
Advancing next-generation γδ T cell engager platform with initial animal data expected in 2026Reported glioblastoma (GBM) data showing ~97% improvement in progression-free survival vs. standard-of-care; updated median overall survival (mOS) data to be presented at ASCO 2026Hosting R&D Day on May 21, 2026 in New York City NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- IN8bio, Inc. (Nasdaq: INAB), a clinical-stage biopharmaceutical company developing innovative gamma-delta (γδ) T cell therapies and γδ
Enliven Therapeutics Reports First Quarter Financial Results and Provides a Business Update
/PRNewswire/ -- Enliven Therapeutics, Inc. (Enliven or the Company) (Nasdaq: ELVN), a clinical-stage biopharmaceutical company focused on the discovery and...
Absci Reports Business Updates and First Quarter 2026 Financial and Operating Results
Successfully dosed all four planned healthy volunteer SAD cohorts of ongoing ABS-201™ HEADLINE trial; well-tolerated with favorable emerging safety data Preliminary pharmacokinetic (PK) modeling from HEADLINE trial supports ABS-201's targeted dosing interval Initiated dosing of first MAD cohort of AGA participants of ongoing ABS-201™ HEADLINE trial Expanding prolactin program portfolio with addition of ABS-202 to internal pipeline VANCOUVER, Wash. and NEW YORK, May 07, 2026 (GLOBE NEWSWIRE) -- A
Xenon Reports Q1 2026 Financial Results and Provides Business Update
Reported positive topline data from Phase 3 X-TOLE2 study of azetukalner in FOS in March and anticipate NDA submission in Q3 2026Five additional Phase 3 studies of azetukalner continue to enroll in epilepsy and depression indications with Phase 3 X-NOVA2 MDD topline data expected in H1 2027 Phase 1 studies of novel NaV1.7 (XEN1701) and KV7 (XEN1120) candidates expected to complete H2 2026 to support Phase 2 proof-of-concept studies in pain Cash, cash equivalents and marketable securities of $1.3
William Blair Acquires Inner Circle Sports To Expand Sports, Media, And Entertainment Investment Banking Platform
William Blair announced it has entered into a definitive agreement to acquire Inner Circle Sports, a boutique investment bank focused on the global sports, media, and entertainment sectors. Financial terms of the transaction were not disclosed.
Maria Shriver highlights new survey on women’s health, financial strain
Agilon Health Is Up 115% After Earnings. Why the Stock Is Having Its Best Day Ever.
Shares of Agilon Health cratered in 2025, driven by financial underperformance and a guidance suspension.
Business Briefs: May 8, 2026
Amy Watts joins Greenfield Savings Bank’s wealth management team GREENFIELD — Greenfield Savings Bank has announced that Amy Watts has joined its wealth management team as a vice president and financial advisor, bringing a relationship‑centered, accessible approach to financial planning. Watts, who is now available to meet with clients, is a certified financial planner practitioner, financial […]
CEC ENTERTAINMENT NAMES CHRIS MONROE AS EXECUTIVE VICE PRESIDENT, CHIEF FINANCIAL OFFICER
A seasoned finance executive with deep roots in restaurant and large-scale enterprise operations, Monroe brings a 30-year track record of capital markets leadership, transformational growth, and financial discipline. CEC Entertainment names Chris Monroe as Executive Vice President, Chief Financial Officer Monroe brings more than 30 years of financial leadership experience across the restaurant, aviation, and defense sectors, and joins CEC at a moment of continued momentum and ambitious forward g
Congress must secure the future of college sports
The NCAA is working to modernize college sports with new financial benefits, healthcare, and scholarship support for student-athletes, but is facing challenges from lawsuits and potential employmen…
Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation
The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth.
Delcath Systems Reports First Quarter 2026 Results and Business Highlights
QUEENSBURY, N.Y., May 07, 2026--Delcath Systems, Inc. (Nasdaq: DCTH), an interventional oncology company focused on the treatment of primary and metastatic liver cancers, today announced financial results and business highlights for the first quarter ended March 31, 2026.
Insmed Reports First-Quarter 2026 Financial Results and Provides Business Update
— Total Company Revenues of $306.0 Million for the First Quarter of 2026— —BRINSUPRI® (brensocatib) Revenues of $207.9 Million for the First Quarter of 2026,...
Madison Square Garden Entertainment Corp. Reports Fiscal 2026 Third Quarter Results
Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment” or the “Company”) today reported financial results for the fiscal third quarter e...
Iran deal optimism lifts markets; anger as Shell’s profits more than double
Rolling coverage of the latest economic and financial news
Insmed Reports First-Quarter 2026 Financial Results and Provides Business Update
— Total Company Revenues of $306.0 Million for the First Quarter of 2026— —BRINSUPRI® (brensocatib) Revenues of $207.9 Million for the First Quarter of 2026, Reflecting 44% Growth Over the...
Lucky Strike Entertainment Reports Third Quarter Results for Fiscal Year 2026
Lucky Strike Entertainment today provided financial results for the third quarter of the 2026 fiscal year, which ended on March 29, 2026.
Lucky Strike Entertainment Reports Third Quarter Results for Fiscal Year 2026
RICHMOND, Va., May 06, 2026--Lucky Strike Entertainment today provided financial results for the third quarter of the 2026 fiscal year, which ended on March 29, 2026.