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Sales of luxury homes in Las Vegas jump in 2025, report says
“Southern Nevada’s luxury market saw healthy growth in 2025,” states a new report from Nevada State Bank. “This increase followed four years of relatively flat activity afte...
Derek Candelore Introduces The Service Blueprint Program to Support Home Service Business Growth
PITTSBURGH, PA / ACCESS Newswire / May 16, 2026 /Derek Candelore has announced the launch of The Service Blueprint, a structured business development program designed to address common operational and scaling challenges faced by home service companies. ...
Virginia Beach Neptune Wine Festival gives small businesses a chance to grow their reach
Small businesses at the Virginia Beach Neptune Wine Festival say the event offers visibility, new customers, and growth in a tough economy.
Scientists discover why some cancers survive chemotherapy
Scientists have uncovered a surprising new trick used by one of cancer’s most notorious proteins. MYC, already infamous for fueling runaway tumor growth, also appears to help cancer cells survive by repairing their damaged DNA — including damage caused by chemotherapy and radiation. Researchers found that MYC can rush directly to broken DNA and recruit repair machinery, effectively helping tumors recover from treatments meant to destroy them.
How Smarter Tech Brings Smarter Business Growth
Explore how AI-powered PCs and modern hardware are helping organizations accelerate workflows and compress growth timelines.
Now What? With Carbon Pricing Eroded and Pipeline Politics Advancing, Here Are the Pathways for Climate Success
At the end of a whirlwind week of news on carbon pricing and electricity strategy, capping a madcap year of pretty much non-stop, dramatic change, the word across much of Canada’s climate and energy transition community is that climate policy in this country has been shredded. Eviscerated. Hit with a sledgehammer by policy rollbacks that have pushed the country’s 2050 net zero target “well out of reach”. That means it’s never been more important to look for the rays of hope and glimmers of possibility. To glimpse the seeds of the next set of strategies to get Canada’s climate pollution under control and the country into the accelerating global dash away from fossil fuels. And then, once we’ve spotted those possibilities, get on with the hard, day-to-day slog of trying to make them a reality. Nothing takes away from the frustration and the deep disappointment so many climate and energy hawks are expressing, the sense of betrayal by the author of Value(s) and the former UN special envoy for climate action and finance. But we knew two things as the week drew to a close. We’re looking at the world as it most definitely is. And we don’t get to give up finding the pathways to confront climate change and deliver faster, deeper carbon cuts that leave no one else behind. So really, the first question we all have to ask ourselves is: What’s next? Subscribe All the Oxygen in the Room The outpouring of anger and grief over the carbon pricing deal between Prime Minister Mark Carney and Alberta Premier Danielle Smith has been absolutely understandable. So much of the climate community poured years, more than a decade, into dragging the current federal pricing regime across the finish line, then defending it from a deluge of three-syllable rhymes after the Trudeau government proved utterly incapable of delivering its own message. The policy foisted on us by neo-classical economists took up all the oxygen in the room, burned through years of climate response time that we won’t get back, while cornering climate hawks into the position that the best response to the crisis of our lifetimes is a new tax…in an era of historic anti-tax sentiment. I mean, really—what could possibly have gone wrong? Against that history, let’s appreciate columnist Max Fawcett’s point that even a modest carbon pricing agreement with a government as off-the-wall libertarian/conspiracist as Danielle Smith’s—those adjectives are mine, not Max’s—is a win worth savouring (as long as Smith keeps her promises for a change). But part of living in the world as it is (no, I’m not letting that go) is to be clear-headed about what we can and can’t control. And one thing we get to decide, after seeing this week’s carbon price festivities take up all the oxygen yet again, is whether we want to keep letting that happen. Particularly when success down that road depends on a factor that no one with a climate agenda can control or influence—a provincial carbon pricing mechanism that has been manipulated and eroded beyond its lowest possible denominator. Thankfully, that’s not the way it has to go. Not when we have so many other powerful, practical tools at our disposal, including the ones still available to us through this abominable Memorandum of Understanding (MOU) between Canada and Alberta. Tools In Our Toolbox When I started roughing out this list, I didn’t expect it to grow to nearly a dozen bullet points. It’s probably still incomplete. Some of the greatest hits in today’s climate solutions toolbox include: • No Carbon Capture, No Pipeline: On Friday, Prime Minister Mark Carney explicitly stated that there’s been no change to the MOU provision that there will be no West Coast pipeline without an industry commitment to build its massive, $16.5-billion carbon capture and storage (CCUS) hub in Northern Alberta, and vice versa. The two megaprojects were joined at the hip when the MOU was signed Nov. 27, and the implementation agreement this week affirmed that they still are. A parade of independent analysts have spent years pointing to the economic and technical flaws in CCUS, while the industry kept postponing its investment decision until it could arm-twist the government for more “clarity” (by which it meant even more lavish taxpayer subsidies) on the project. Now the industry itself is running away from the CCUS hub and insisting the pipeline should proceed without it, but Carney doesn’t seem to be budging from a central tenet of the MOU to which Smith has signed on. • No Subsidies, No Investors: Climate analysts and advocates have quite rightly been hammering away at Carney and his team, insisting that any new capacity the industry wants to build must proceed without new subsidies. The government has responded with a growing collection of funding and financing mechanisms for the very wide menu of industrial development and nation-building projects they say they want to take on, and that menu always includes fossil fuel infrastructure. But it’s hard to see how even the combined fiscal clout of the federal and supportive provincial governments will deliver the financial backing private investors would need when the business case for new fossil fuel development is evaporating before their eyes. Particularly when… • No Market, No Demand, No Investors: As our friend Markham Hislop at Energi Media (our apparently sleepless friend, given the massive volume of great material he’s been churning out) points out this morning, the biggest vulnerability in any pipeline deal is the assumption that Asian buyers will want the oil or liquefied natural ga that our fossil industry is so keen to send them. Hislop writes in part: Ottawa and Alberta are effectively betting that countries like China and India will continue increasing oil imports for decades as their economies grow and energy consumption rises. That assumption underpins the entire economic rationale for expanding oil sands production and building billions of dollars in new export infrastructure. But Asian energy systems are changing rapidly… China, India, South Korea, and other major hydrocarbon importers are now investing hundreds of billions of dollars into electricity systems built around wind, solar, batteries, nuclear, hydro, and expanded transmission infrastructure. Domestic “energy sovereignty” is increasingly replacing the old energy-security model based on stable oil and gas imports. Those investments are expected to sharply slow oil demand growth and eventually reverse it, even as overall energy consumption continues rising. There are also refining constraints. Many Asian refineries and petrochemical complexes are already optimized to process discounted heavy crude from the Middle East and Latin America. That raises serious questions about how much additional Canadian bitumen Asian markets can absorb at profitable prices. Small wonder that there’s still no private sector investor for the project, despite Smith’s government desperately beating the bushes to put together a deal. For now, Alberta is acting as proponent and covering early start-up costs for a pitch to the federal Major Projects Office, which could actually turn into the next tough hurdle for Smith and her pipeline to jump. • Canada Day Looms: How ironic that Canada’s birthday this year could become a major chokepoint for the provincial premier who’s been working so diligently to tear the country apart! The July 1 target date for Alberta’s pipeline proposal is baked into the MOU, was reaffirmed by the implementation plan, but it hadn’t dawned on me that it cuts both ways. As one very smart colleague wrote in an email yesterday, “they’ve thrown the ball into Alberta’s court to get the project proposal on the table really quickly and to have to do a whole pile of work to put together a massive, complicated project that would typically take years to assemble, and they’ve given them weeks to do it.” That makes July 1 a looming deadline that Smith won’t be able to run away from politically, especially with the separatists in her party and her caucus breathing down her neck. (See previous ref to off-the-wall.) But if Alberta comes in with a sloppy, incomplete submission, even after Carney bent over backwards to simplify the application process and the rules that govern it, it may be harder for the province or the industry to blame Ottawa and insist on the faster process they claim their investors are demanding. (Oh, wait—which investors would those be??) • We’ll See You In Court (Then We’ll See You Again): If Carney did cave, that would be just one more reason for Indigenous and other affected communities to take the government and the process to court—Just as Alberta First Nations did, successfully, in response to Smith’s half-baked separation referendum. Veterans of the Harper era have been warning that a shoddy process around fossil fuel infrastructure or other major projects will be a recipe for the very delays that process seeks to avoid. And now more than ever, with renewable energy and energy storage eating fossil fuels’ lunch in import markets around the world, a delayed pipeline or LNG terminal may be as good as a cancelled one. • Charged Up, Ready to Go: With its goal of doubling Canada’s electricity supply to meet a doubling of demand by 2050, the national electricity strategy that Carney unveiled Thursday has a lot to like. With its explicit language about speeding the shift from fuels to more efficient and affordable electricity, global investment and deployment patterns that already favour that shift, an emerging bidirectional power grid, the role of front-line options like rooftop solar and heat pumps, the emergence of electric vehicles as behind-the-meter energy storage, and the domestic jobs and manufacturing to make it all happen, the document doubles down on the essential cornerstone of a faster shift off fossil fuels. The strategy envisions a more prominent role for gas and nuclear power. But some of those provisions were already in the Clean Electricity Regulations that climate hawks are now fighting so hard to defend, inserted as a compromise in a futile attempt to mollify the industry and its political representatives in Alberta and Saskatchewan. But once again, gas will be a tougher sell when it’s more expensive and now so much more unpredictable than the clean alternatives. The new nuclear technologies are still speculative and deeply vulnerable to cost overruns. Increasingly, utilities, developers, and investors know it. Carney declared Thursday that “it doesn’t do us good to be sitting in court all the time with provinces. It doesn’t do us good to be talking past each other. What does do us good is to come together with specific projects.” There are no guarantees, but so much of the language and narrative-building in the electricity strategy suggests the lion’s share of those projects will be renewable. • The Party Has Already Started: The electricity strategy only rarely digs down to specific projects, but provinces representing three-quarters of Canada’s population are already embracing a faster transition. Hydro-Québec is working on a 10-year, $185-billion renewable energy and grid buildout by 2035. Ontario recently brought 10 provinces and territories together in a National Energy Corridor Agreement to boost interprovincial and -territorial transmission infrastructure. And the MOU implementation agreement commits Alberta to facilitate investment in renewable energy projects, a big step back from its continuing, punitive restrictions on renewables development. The electricity strategy envisions much of the financing and infrastructure that will be needed to pull those advances together into an integrated whole. • Delivering on Affordability: The MOU implementation plan has little or nothing to say about affordability (are you surprised?), but the electricity strategy does, with a top-line pledge to reduce home energy costs for seven out of 10 Canadian households by 2050, a total saving of $15 billion across the board. It’s just a start, but it puts affordability on the government’s narrative map. If they’re serious and deliberate about patching together a least-cost energy strategy, it’ll have little if any room for oil, gas, or nuclear—not with powerful evidence, for example, that electricity prices are higher when those prices are set by gas. • Smith Proves that Canada Works: By signing a deal that makes it harder to claim the federal government is blocking a new pipeline, Smith has helped prove Carney’s constant anti-separatist refrain that “Canada works”—incurring the rage, no doubt, of her own political base. Canada also needs to work for anyone who depends on a clean environment, healthy and thriving ecosystems, and safe, stable climate. But with Smith and her separatist constituents setting up as a fifth column for annexation by Donald Trump’s United States, let’s set aside any notion that 51st state status for Canada is a recipe for anything other than climate disaster (and so much else). Resisting and withstanding Trump (just 170 more sleeps until mid-term elections, which is a damn sight better than the 730 we started with) doesn’t mean a free pass for a pipeline, but we can still appreciate it that keeping Canada whole and sovereign is still Carney’s Job One. • The Words Not Spoken: Apart from a commitment to export a million barrels of “low-emission” Alberta bitumen per day (memo to Smith and Carney: You realize that that’s less than the industry is already exporting??), the MOU implementation plan says nothing about the international trade and economic sovereignty deals that Carney has been travelling the world to negotiate. It didn’t have to. Carney doesn’t need permission from Danielle Smith, her American enablers, or her separatist allies to continue building the alliances that will ratchet down our economic dependency on our unstable, unreliable neighbour to the south. But every connection he builds with countries outside North America helps align our economy and our future with a faster shift off fossil fuels. Little if any of this was on our bingo cards a year or two ago. But it’s the pathway that has opened up to us. And if it gives Canada any climate or energy gains at all in an era still dominated by Trump and his increasingly ridiculous tariffs, his loutish trade negotiations and his continuing annexation threats, we have to take the wins. Not least because they’ll be the point of departure for what we can achieve in 2027, 2029, and beyond, as Trump’s grip and this era begin to loosen and then fade. What is Carney Doing? If this line of thought is right—and it’s a possibility, not a prediction—it means that Carney’s actions and decisions are largely about buying time. Time for Trump’s power to wane. Time for Alberta’s separatist/conspiracist virus to spread, mutate, die out, or at least die back, with help from a vaccine of federal steadiness and calm (appropriate enough, for a movement populated largely by vaccine deniers) that no conspiracy theory can dismiss. And time for the government’s trade and investment agenda to deliver results—even knowing that some of those results will bring impacts that front-line communities will not and should not accept. In the immediate moment, none of this changes the way the wider climate community has to respond, from campaigners to investors to front-line practitioners. All of our voices are still essential. But those voices will be stronger and more confident if we have a clearer sense of the brutal game we’ve been pulled into, and a plausible path (or two it three) for playing it to the win we need. This conversation also underscores our biggest task for the remaining years of what was supposed to be the “decisive” decade for climate response: if we can shift the energy narrative in Canada, make it a mainstream view that the country’s preoccupation with oil and gas has us falling farther behind a changing world, we’ll see far better results in the 2030s and beyond. For many veteran climate advocates, taking on that part of the fight will begin with recognizing that most of our friends and family, neighbours and colleagues already understand that climate change is real and right in front of us: they’re looking away and staying silent because they don’t have what climate communicator Katharine Hayhoe calls “efficacy”. As Hayhoe recently pointed out in a feature interview with The Energy Mix, it amounts to science denial to keep hammering away at the dire news about global warming without also helping audiences understand what they can do about it, with multiple studies telling us why that won’t work. Far better to open those conversations with the dominant crises like energy security, food security, emergency preparedness and business continuity, affordability, and financial security that have knocked climate change far lower on the list of public priorities, and will likely keep it there. We Knew This Would Happen Climate hawks have always known this day would come. For decades, we warned that everyone had to pay attention to climate change right now, because it would be much tougher to respond once the crisis itself started affecting our daily lives. We were right, and here we are. But now, thanks to decades of hard work, communities and countries have an alternative to doubling down on fossil fuels. “In 10 years everyone will have ‘always known’ that solar and batteries were going to win,” Morgan Solar Executive Chair Mike Andrade writes on LinkedIn. With the disruption in the Strait of Hormuz roiling energy priorities around the world, Canada and the United States are among the shrinking number of countries that are still very keen on fossil fuel development. Understanding that gap is a first, essential step in spotting the opportunities ahead, and averting the deep economic as well as environmental and social risk we face if we don’t seize them. Thanks for reading The Energy Mix Weekender! Subscribe for free to receive new posts and support our work. Subscribe Mitchell Beer traces his background in renewable energy and energy efficiency back to 1977, in climate change to 1997. Now he and the rest of the Energy Mix team scan 1,200 news headlines a week to pull together The Energy Mix and The Energy Mix Weekender. Chart of the Week BYD Eyes 20 Dealership Locations After Canada Greenlights Chinese EV Imports ‘Sledgehammer’ Carbon Price Deal Boosts Emissions by 230Mt, Aims for Fall 2027 Pipeline Approval ‘Worse Than Harper’: Regulatory Rollback Would Stop Canada from Assessing Project Impacts, Critics Warn Electricity Strategy Aims for Doubling by 2050, Allows ‘Flexibility’ for Gas Power Plants Opposition Mounts as O’Leary’s Data Centre Approved in Drought-Stricken Utah Diluted Carbon Price Misses ‘Reality of the World We’re In’, Could Impede Diversified Trade: Climate Institute $200B in Clean Energy Investment Will Need On-Time Delivery, Reliable Policies, Trade Association Says ‘Sovereign Pipeline’: CEO Pitches to Keep Trans Mountain in Government Hands What a Supercharged El Niño Could Mean for Canada Canada’s future is electric, and here’s how a power grid superhighway would get us there (Toronto Star) The Perilous Waters of Hecate Strait (Globe and Mail) Saudi Aramco profits jump despite conflict in Middle East (The Guardian) Farmers confront rising cost of fertilizer and fuel as spring seeding under way (Canadian Broadcasting Corporation) Clarkson forecasts 24% decline in offshore oil, gas capital expenditures (Oil & Gas Journal) Pipe Dreams: How Oil and Gas Fail to Deliver Economic Development in Africa (Oil Change International) Developing countries must hold the pen to script the fossil fuel transition (Climate Home News) Iran war threatens the dream of a post-oil economy in the Gulf (Washington Post) U.S. Oil, Gas Work Force Hits Lowest Level Since 2022 (Rigzone) Why Polestar Is Doubling Down on Net Zero as Rivals Pull Back on EVs (Bloomberg) Why this Michigan utility plans to sell its hydro dams for $13 (E&E News/Politico) Levees can no longer save New Orleans (Vox)
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Scientists Say a 40-Year-Old Childhood Obesity Warning May Be Completely Wrong
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UN Global Compact Africa Business Leaders Coalition Unveils New Roadmap to Accelerate Intra-African Trade and Sustainable Growth
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5 Must-Read Analyst Questions From AMC Entertainment’s Q1 Earnings Call
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Chartbook 449: Voldemort on Threadneedle street. The Bank of England and the "haunted house" of English politics.
Imagine the scene: In some Harry Potter version of 21st-century London, a group of deathless UK Treasury officials gathered from across the last century huddle over warm pints and glasses of Chardonnay. Around the table there are officials from the 1920s, the 1930s, the 1970s, 2022 and today. Inevitably, in May 2026, the subject of conversation is the disintegration of the current Labour government. Despite its huge majority in parliament, it has been reduced to tatters by catastrophic local election result. These exposed the fact that rather than having a government with a clear popular majority, the UK is like most other modern societies divided into 5 segments each of which commands between 26 and 16 percent of the vote. Perhaps unsurprisingly, the leadership at Nos 10 and 11 Downing Street - where the Prime Minister and the Chancellor (Treasury Secretary) work - seem paralyzed. They are caught between mounting discontent over unfairness and the cost of living, and tough fiscal strictures that push them into making unpopular spending decisions. In the London pub, the Treasury officials from across the ages, can barely hide their satisfaction at the latest display of democratic politics caught in the vice-grip of financial logic. “Remember the mur d’argent and the banker’s ramp?” “Just like yesterday!” There are smirks around the table. Then the representative of 2026 pipes up: “One thing you have to say about the current lot (referring to the latest hapless Labour government), you don’t have to teach them about the bond market!” There is a murmur of ascent from the Treasury Mandarins. The trauma of the fiscal crisis of September-October 2022 sits deep. Back then, in the final stages of Tory decay, a ‘mini budget’ that challenged fiscal orthodoxy led to a brief but fierce panic in one of the oldest government bond markets in the world (aka gilt market). Now all you have to do is to mention the “bond market” to hush debate. [ Paul Mason@paulmasonnews In the name of public service, and as ex-economics editor of BBC Newsnight, I offer to do a zoom call, tonight, with any Labour MP who wants to understand why bond markets do not "fall into line" with governments. 1/ 3:57 PM · May 12, 2026 · 466K Views 224 Replies · 674 Reposts · 3.93K Likes ](https://x.com/paulmasonnews/status/2054229532404519082?s=20) “And the funny thing is”, the young man in the huddle continues, “they don’t even want to talk about … ”. There is a sudden hush. Significant looks are exchanged around the table. About? One of the senior figures puts down his glass with a decisive “clink”. He-Who-Must-Not-Be-Named has entered their thoughts. Meanwhile, a few miles away in a grubby pub in Bloomsbury, two conspirators from the camp of Critical Macrofinance huddle over cans of low-alcohol IPA. They look at each other and blurt out loud: “The Bank!” “Everyone in the bloody Labour party is talking about the bond market. But why aren’t they even mentioning … the Bank of England!?” “Why is no one talking about Voldemort?” In Paul Mason’s blogpost, after much chest-thumping about basic fiscal logic, the basic point about the Bank of England is buried in the fine print at #3 in his list of suggestions as to what a radical Labour government might actually be able to do! [ Conflict & Democracy Down with the bond market! Down with gravity! It may seem unfair to focus on Labour MP Paula Barker for her off-the-cuff assertion that the bond market would have to “fall in line” with Andy Burnham, should he replace Keir Starmer as prime minister. But Burnham himself told the New Statesman that Labour had to “get beyond this thing of being in hock to the bond markets… Read more 2 days ago · 100 likes · 3 comments · Paul Mason ](https://htsf.substack.com/p/down-with-the-bond-market-down-with?utm_source=substack&utm_campaign=post_embed&utm_medium=web) Back in Bloomsbury they shake their heads and ask: “Didn’t we learn anything from the Eurozone crisis?” Meanwhile, as if summoned to the conversation by some higher force, the “pink pages” announce: “The days of ultra-cheap government borrowing have come to an end” and Martin “Whizzard” Wolf publishes the graph of the season Look at the UK in 2026, perilously positioned on the upper edge of the pack. No wonder no one in London needs any lessons about the “bond market”. But, look again. Imagine how they feel in Rome. What is London’s nightmare in 2026? The nightmare is that you end up like Italy in the early 2010s during the Eurozone crisis. Once comfortably situated in the middle of the pack, watching with horror as your ten-year yields explode to 7 percent and “spreads” become a national nightmare. One of the largest economies in Europe, a founding member of the euro, stigmatized. But the message of the Italian experience is ambiguous. After all, the stigma didn’t last. In 2026, Italy borrows at rates lower not only than the UK but the US. The US, which, as everyone knows, enjoys the “exorbitant privilege” of being the issuer of reserve, safe asets. What kind of magic is this? How did Italy, in the space of fifteen years, go from being good, to bad and back again? Which brings us back to our dissident friends in their Bloombury boozer and their memories of the Eurozone crisis. Italy never was Britain - with its ongoing fiscal deficits. Without interest payments, on primary balance, from 2000 to 2020 Italy ran a tight fiscal ship. Even in 2008 it barely went into deficit and when it was being put on the rack in the early 20210s its primary surplus matched that of austere Germany. So, what happened? How did it end up stigmatized? Of course Italian politics didn’t help. Berlusconi was at the helm and he had legal issues. But amongst friends in the Bloomsbury pub, Berlusconi is a sideshow, the name we whisper to each other is “Trichet”. From 2004 to 2011 the ECB was headed by Jean-Claude Trichet, ex of the French Treasury, more German than the Germans. After 2009 as the news of the Greek fiscal disaster broke, the European bond markets wento into panic mode and Trichet began a brutal game of cat and mouse. Between 2009 and 2011, Trichet intervened in the bond market to help, only when he thought he had compliance with austerity. When he thought they were uncooperative, he withdrew. In the summer of 2011, he even made direct suggestions to his Italian counterparts in Rome, as to how Italy should be governed. It was this cat and mouse game that drove the bond markets crazy and exposed Italy to a violent squeeze. When Mario Draghi took over the ECB at the end of 2011 and declared “whatever it takes”, the pressure on Italy, gradually eased. It is that starring role that has made Draghi into the towering figure in European politics that he remains today. So now you see why voices in London hush when it comes to the Bank of England. “The bond market” isn’t an irresistible objective force like the weather or an avalanche. It can appear like that. But that depends on the way it is being handled, or not handled by the central bank. Which is why the silence about the Bank of England in London right now is so significant. If you think this all sounds a bit fishy, coming from a left-liberal Keynesian like myself, well, let me introduce you to Robin Brooks, who, to put it mildly, plays on a different quidditch team to me. Here, from the position of a fiscal hawk is Robin’s celebratory account of the Bank of England’s role since 2022; In October 2022, at the height of the bond market blow-up in the UK, something incredible happened. Governor Andrew Bailey told British pension funds the Bank of England would end its support program for the country’s fragile gilt market, drawing a line under how much help the central bank was willing to give to exposed pension funds and - implicitly - the government. By the end of that week, Kwasi Kwarteng - the finance minister - had resigned. Prime Minister Liz Truss would soon follow. This episode is so incredible because it contrasts with what happened in the Euro zone earlier that year. Bond markets in Spain and Italy were under pressure amid high inflation and rising interest rates. In the middle of this, Mario Draghi - Italy’s Prime Minister - resigned, compounding pressure on bond markets of high-debt countries on the Euro periphery. Unlike the Bank of England, the ECB caved. It bought Italian and Spanish government bonds in an effort to cap yields and introduced a new tool that signaled to markets it might do such caps more frequently going forward. Faced with pressure on bond markets, the ECB capitulated to political pressure from high-debt countries like Italy and Spain. The Bank of England stood its ground and toppled the Truss government. This kind of thing has long-lasting consequences. It means markets price a higher probability of yield caps in the Euro zone, which keeps Italian and Spanish yields artificially low, while markets feel free to push up UK yields without fear of central bank intervention. As I flagged in yesterday’s post, this means you really can’t compare UK yields to those of other high-debt countries. The UK looks worse, but only because its central bank isn’t interfering with markets. There’s more to this than just that 2022 episode. The Bank of England has also been much more aggressive in its quantitative tightening (QT) than other central banks. If one motivation for quantitative easing (QE) is to lower bond yields - especially longer-dated ones - then it stands to reason QT pushes yields up. The left chart above shows a four-quarter moving average of UK government debt issuance (black line) in percent of GDP and which sectors absorb this issuance, including the Bank of England (blue bars). The right chart above compares the Bank of England’s accumulation or run-off of government bonds (blue line) with that of other central banks, where this blue line is the same as the blue bars in the left chart. The Bank of England was quicker and more aggressive than other central banks in downsizing its bond holdings, so UK yields will have risen more than elsewhere also for this reason, not just because of Governor Andrew Bailey’s remarks in October 2022. Back in October 2025, after a conversation in New York with friends in British politics, my sense of dysphoria was such that I raised the issue of the Bank of England openly in the FT Since 2008, the UK has slid into a deep economic and political predicament. Growth has stagnated to a degree far worse even than in the 1970s. The Tory leadership’s wager on the Brexit referendum spectacularly backfired, leaving the UK isolated from Europe and at the mercy of its special relationship with the US, many of whose political class regard the UK as a basket case. After years of austerity, the Labour party lurched to the left and then back to the centre. The Tory party has been eclipsed by the populist nationalism of Reform. Any British government should be worrying first and foremost about how to restart growth. Instead, Keir Starmer is beset by shades of the gilt market panic triggered by the Liz Truss government in 2022. The debt level is higher than in recent years, but there is no cause for panic. UK debt is at far from critical levels and of long duration. Whether you want to “take back control” or launch progressive economic policy, a democracy dogged by fear of bond market vigilantes is unhealthy. In a country that is a monetary sovereign, this climate points to one thing: a disconnect between the government and the central bank. Since 1997, the independence of the Bank of England has become a sacred cow. But independence is what you make of it. And in the wake of the gilt market crisis of September 2022, relations between the Bank of England and the UK government need a reset. In normal times, there is no doubt that an inflation-targeting independent central bank can serve a country well. But since 2008, the UK and other advanced economies have not had the luxury of such simple problems. To their credit, central bankers around the world have not stood on orthodoxy. After 2008, the US Federal Reserve rescued the global banking system and, through quantitative easing, it stabilised the Treasury market in the face of huge deficits. In Europe, things were trickier. Both the Bank of England under Mervyn King and Jean-Claude Trichet’s European Central Bank played cat and mouse with national governments. This was a high stakes wager that between 2010 and 2012 escalated bond market tension and triggered a disastrous turn to austerity. Shaken by the impact of those shocks, their successors, Mark Carney and Mario Draghi adopted a more protective stance (assuming you were not the government of Greece). Recall that Draghi’s legendary slogan, “Whatever it takes”, was uttered to face down the City of London’s bond vigilantes. In 2015, Draghi launched QE — financial repression by another name. In 2016, Carney used the authority of the Bank of England to stabilise markets following the vote for Brexit, an exemplary demonstration of how central banks can underpin democratic choice, even when those choices are wrong headed. All these were independent central bankers steeped in the best practice of the 1990s, who recognised that historic crises demanded radical action. It was the price surge of 2021-2023 that poisoned the atmosphere. Though the shock came mainly from the supply side, central banks ended up in the dock. Nowhere more so than in the UK. The Bank of England reacted with aggressive normalisation. Faced with a cost of living crisis, the governor called for workers to accept real wage cuts. In early 2022, as gas prices were at record levels and Russia’s army was poised to invade Ukraine, the Bank adopted a stringent programme of quantitative tightening, elevating interest rates. When the Truss government got itself in trouble, the Bank took almost a week to come to the rescue. Rather than enacting a charade of normality, it is time to recognise that in 2025 the UK faces a period of historic transition. To meet this challenge, what is needed is a new concordat with the Bank. This should not ignore inflationary pressures or the long-run trajectory of debt, but should affirm the priority of reviving investment-led growth. One could follow Donald Trump in demanding interest rate cuts. The Bank could shadow the ECB in its commitment to capping Eurozone yields. But the top priority should be to lay the ghost of September 2022. The Bank’s slowing of QT last month was a concession. An immediate and complete end would send the right signal. Such a concordat will not by itself restore sanity to politics, solve the housing problem or rebuild the NHS. But it would help to lift the fear of bond market crisis, which is paralysing the effort by democratic politicians to answer the fundamental questions facing the nation. Now, that call for a new concordat between government and Bank of Englands seems more urgent than ever. The problem is that in October 2025, Starmer still had some authority. Today the government is in tatters. And when you are the “under the harrow” - to echo a phrase of Montagu Norman’s from the 1920s - it is the worst possible time to consider institutional change. To make general arguments at a time of crisis can only seem like special pleading rather than a general argument for long-term change. The same, unfortunately, is also true for the other basic institutional reform that Britain urgently needs i.e. the abolition of the out-dated first past the post electoral system and its replacement by a moderated form of proportional representation. And thirdly - whilst we are saying the quiet parts out loud - Britain needs to reopen the question of EU membership. What the local election results of 2026 show is that this remains a key issue. And what they also show is that there is a clear majority that would favor a return. Until these basic features of Britain’s political economy are addressed the country will carry on its politics as though in a haunted house, governed by governments that lack actual majorities, conjuring up false constraints whilst ignoring the real ones. This one is for DG and MI. I love writing the newsletter. If you enjoy it too and fancy buying me a coffee once a month, you know what to do. Click below! Subscribe
Ally wants influence over women’s sports media deals
Ally is accelerating ad spend in women’s sports, gaining more influence over media deals as brands compete for inventory and audience growth.
BrightSpring Health Services (BTSG) Is Up 10.3% After Raising 2026 Revenue Guidance And Q1 Beat – Has The Bull Case Changed?
In early May 2026, BrightSpring Health Services reported first-quarter results showing revenue of US$3.61 billion and net income of US$148.77 million, and also raised its full-year 2026 earnings guidance to expected revenues of US$14.73 billion to US$15.23 billion. The combination of outperformance in specialty pharmacy and infusion services, efficiency gains from automation, and successful home health integrations is reshaping how investors view BrightSpring’s earnings power and growth...
From chessboards to computer science
Naveen Prabakar (‘26 computer science) is wrapping up more than just a degree. He’s closing out a college experience defined by growth, persistence, and hands-on learning.
What Americans quietly stopped buying in April
Shoppers pulled back on spending in April as higher gas prices fueled by the Iran war meant less money left over for some nonessentials like clothing and furniture. Retail sales rose 0.5% in April, a slowdown from the revised growth level of 1.6% in March, according to Commerce Department data released Thursday. March marked the […]
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.
Forbes Unveils Its Inaugural Ranking Of The Top Family Businesses Featuring America’s Biggest Family Companies Driving Jobs, Growth And Generational Success
Forbes unveiled the launch of its newest list, America’s Largest Family Businesses, the definitive ranking of America’s biggest family firms by revenue.
Chelsea Football Club announces strategic partnership with Roc Nation Sports International
Chelsea Football Club today announces a new strategic partnership with Roc Nation Sports International (RNSI), marking a significant step in the club’s ambition to accelerate growth and deepen fan engagement across the United States and beyond.
Paramount Sports Entertainment Makes Trio of Hires
"Their leadership will be instrumental in driving our production pipeline, expanding partnerships, and supporting our next phase of growth," says unit head Jesse Sisgold.
Paramount Sports Entertainment Makes Trio of Hires
"Their leadership will be instrumental in driving our production pipeline, expanding partnerships, and supporting our next phase of growth," says unit head Jesse Sisgold.
Paramount Sports Entertainment Makes Trio of Hires
"Their leadership will be instrumental in driving our production pipeline, expanding partnerships, and supporting our next phase of growth," says unit head Jesse Sisgold.
Walmart cutting or relocating about 1,000 corporate jobs
Walmart is reportedly cutting or relocating 1,000 corporate jobs as it simplifies its operating structure and pursues a tech-focused growth strategy.
Beasley Sees ‘Turnaround Business’ As Digital Revenue Climbs 18% In Q1.
Beasley Media Group executives used the company’s first-quarter earnings call to frame 2026 as a rebuilding year centered on digital growth, debt reduction and operational discipline. While revenue and EBITDA
UK Growth Surge Under Threat From Iran War, Political Turmoil
The UK kicked off the year with a burst of economic growth that is now at risk from the fallout from the Iran war and the prospect of a new prime minister.
Rowan awards first doctorate in data science
Rowan University awards its first data science Ph.D., marking growth in its doctoral program and advancing research in explainable artificial intelligence.
LinkedIn cuts marketing staff, boosts AI usage for growth
LinkedIn is cutting marketing roles and trimming paid media spend as it leans on AI, its CMO Jessica Jensen says in an internal email.
AI’s rapid growth spurs regulatory reaction in Colorado
The 2026 legislative session was marked by a major push to regulate artificial intelligence, a technology advancing at breakneck speed. Colorado is at the forefront of AI policy, becoming the first state to pursue regulation on “algorithmic discrimination” by passing a law in 2024. Supporters have lauded the legislation, saying it’s necessary to put guardrails […]
AI’s rapid growth spurs major legislative action in Colorado
The 2026 legislative session was marked by lawmakers’ push to establish guardrails on artificial intelligence, a technology advancing at breakneck speed. Colorado has remained at the forefront of AI policy, becoming the first state to pursue comprehensive regulation with Senate Bill 205 in 2024. On the other hand, U.S. Rep. Brittany Pettersen told Colorado Politics […]
LEDC opens third Growth and Empowerment Center in Springfield
The Latino Economic Development Corporation (LEDC) has opened its third Growth and Empowerment Center on Mill Street in Springfield.
Ben & Jerry’s owner to offer ice cream at entertainment venues through Mini Melts partnership
The agreement advances Magnum's out-of-home growth strategy by targeting consumers in high-traffic locations.
This week in Santa Cruz County business: Tourism saw growth in ’25 despite tariff, immigration concerns; farmers fear fertilizer, fuel hikes as growing season kicks off
A fifth consecutive year of growth for area tourism and the impact of the war in Iran on Santa Cruz County agriculture lead off Jessica M. Pasko's weekly survey of local business.
Tencent Maintains Double-Digit Profit Growth Amid Intensified AI Investment
Tencent Holdings extended its streak of double-digit profit growth in the first quarter.
Greater Washington Hispanic Chamber of Commerce (GWHCC) Business Expo 2026
The Greater Washington Hispanic Chamber of Commerce (GWHCC) returns with their highly anticipated GWHCC Business Expo, taking place on Thursday, May 21, at the Walter E. Washington Convention Center. An event focused on connecting minority-owned businesses with corporate partners, business resources, and networking opportunities. Featuring more than 80 exhibitors, the event brings together entrepreneurs, industry professionals, and decision-makers from across the Washington, D.C. metropolitan area to support collaboration, visibility, and business growth.
Becky Nelson
BSI Engineering welcomes Becky Nelson as Business Development Director, supporting growth and client engagement in the Chicago market.
Chicago Aviation hosts annual airport job fair, small business summit
Job seekers and small business owners are gathering for the 5th Annual Airport Small Business Summit and Job Fair, where Chicago aviation leaders are highlighting career opportunities and industry growth at local airports.
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
Inflation continued to rise in April as Iran war impacted energy prices
Inflation continued to rise in April as consumer price growth has picked up due to the impact of the Iran war on energy markets and gas prices.
Charger Finds Growth, Friendship Through Data Science and Badminton - University of New Haven
Sravan Chowdary Gogineni ’26 M.S. reflects on overcoming early challenges as an International student at the University of New Haven and how discipline, sport, and community shaped his graduate journey.
Imperial Brands Revenue Rises, Fueled By Next-Generation Products
The manufacturer—which houses Davidoff, Gauloises and JPS among its brands—saw revenue growth from in its next-generation products such as vapes.
Vodafone Swings to Pretax Profit on Revenue Growth
Revenue was driven by strong service revenue growth and the consolidation of Three UK, which was partially offset by foreign-exchange movements.
Madison Square Garden Entertainment Q3 Earnings Call Highlights
Madison Square Garden Entertainment (NYSE:MSGE) reported higher fiscal third-quarter revenue, supported by concert activity at Madison Square Garden, growth in suites and marketing partnerships, and the final performances of the latest Christmas Spectacular season, while adjusted operating income de
Jalen Duren’s playoff struggles becoming major concern for Pistons
The Detroit Pistons entered the postseason expecting young center Jalen Duren to play a major role in their playoff push. After an impressive regular season that showcased his growth as one of the league’s rising big men, Duren appeared poised for a breakout postseason. Instead, the playoffs have exposed some of the challenges young players often face under postseason pressure.
WEBTOON Entertainment Q1 Earnings Call Highlights
WEBTOON Entertainment (NASDAQ:WBTN) reported first-quarter 2026 revenue that declined slightly from a year earlier, while profitability improved as the digital comics and storytelling platform cited stronger gross margins, cost discipline and growth in paying users. Founder and CEO Junkoo Kim said
Bigger and bigger and bigger: ACC leaders meet among college sports postseason growth era
Election results 2026: Why welfare policies aren't winning polls in India like it used to
India's welfare politics still matters, but voters increasingly want jobs, growth and dignity too.
Big, Beautiful Success Story: Missouri Small Business Owner Expands, Creates New Jobs Thanks to Working Families Tax Cuts
WASHINGTON, D.C. – The pro-worker, pro-growth tax policies in the Republicans’ Working Families Tax Cuts are already helping small businesses...
Food Frontier and IIFH partner to commercialize nutrition science innovations
The Innovation Institute for Food & Health (IIFH) at the University of California (UC) Davis, US, and Food Frontier are collaborating to advance scientific discovery by integrating it with agricultural production, culinary influence, and market execution. The partners aim to “activate pathways” bringing these innovations into restaurants, supply chains, and consumer markets, where they say adoption is ultimately determined. Specifically, they will build an infrastructure model to accelerate timelines, reduce risk, and unlock new growth opportunities for these new innovations. This platform will help develop, validate, and scale ideas in real-world conditions.
Live Nation Entertainment Q1 Earnings Call Highlights
Live Nation Entertainment (NYSE:LYV) executives said the company expects a greater share of its 2026 concert growth to land in the third quarter, driven by a heavier mix of stadium and amphitheater events, while management reiterated confidence in live event demand across regions and venue types. O
Why investing in Illinois roads is critical for business competitiveness
A look at how deteriorating Illinois roads impact supply chains, business costs and economic growth across Chicago and downstate regions.
DeSantis’s new House map sparks bipartisan anger in Puerto Rican hub in Florida
The governor said his state needed to redistrict to account for population growth. But in a majority-Hispanic area, that growth could work against him.
UK PM Starmer battles for political survival in pivotal speech as gilt yields rise
Starmer is expected to say that key issues of growth, defense, the U.K.'s relationship with Europe and energy must be urgently addressed.
Is Q1 2026 Legal Accrual-Driven Loss Altering The Investment Case For Live Nation (LYV)?
In the first quarter of 2026, Live Nation Entertainment reported sales of US$3,793.03 million, but a net loss of US$389.1 million as a US$450 million legal accrual tied to investigations and litigation pushed the company into an operating loss. At the same time, the long-running Popp v. Live Nation and Ticketmaster nationwide class action over allegedly supracompetitive ticketing fees advanced, while management emphasized double-digit adjusted operating income growth expectations and record...
Hinge Health Q1 Earnings Call Highlights
Hinge Health (NYSE:HNGE) reported first-quarter 2026 results that topped its prior outlook and raised its full-year guidance, citing stronger-than-expected member engagement, growth in eligible lives and continued operating leverage from artificial intelligence and automation. Co-Founder and CEO Da
Assessing ManpowerGroup (MAN) Valuation After Q1 2026 Growth Governance Changes And Business Sale
ManpowerGroup (MAN) is back in focus after a busy start to 2026, with Q1 revenue growth of 10.3%, shareholder-approved equity and governance changes, and the completed sale of its Jefferson Wells U.S. business. See our latest analysis for ManpowerGroup. The recent governance changes, dividend declaration and the Jefferson Wells sale come at a time when ManpowerGroup’s share price has shown a 7.6% 30 day share price return but a 23.3% decline in 1 year total shareholder return. This suggests...
Connections: Arkade forms startup support advisory board - Talk Business & Politics
Arkade, a Bentonville-based commercial growth platform supporting retail and supply chain technology companies, recently formed an advisory board. Following members include leaders across venture capital, enterprise strategy, legal and retail...
Connections: Arkade forms startup support advisory board - Talk Business & Politics
Arkade, a Bentonville-based commercial growth platform supporting retail and supply chain technology companies, recently formed an advisory board. Following members include leaders across venture capital, enterprise strategy, legal and retail...
Is e.l.f. (ELF) Turning Viral Brand Buzz Into a Durable Entertainment-Driven Growth Story?
In recent days, e.l.f. Cosmetics joined the International Dance League as a founding partner and official livestream presenting partner, while continuing to see strong demand for its viral Halo Glow range, including celebrity-endorsed products that are selling quickly online. Taken together, these moves deepen e.l.f.’s presence where its core audience spends time, on social platforms and emerging entertainment channels, potentially reinforcing its brand strength and product visibility. Next,...
Assessing Madison Square Garden Entertainment (MSGE) Valuation After Mixed Q3 2026 Earnings And Growth Initiatives
Madison Square Garden Entertainment (MSGE) drew fresh attention after reporting Q3 2026 results, with revenue of US$246.26 million, net income of US$5.11 million, and earnings per share of US$0.11 from continuing operations. See our latest analysis for Madison Square Garden Entertainment. Despite the mixed Q3 earnings, MSGE’s 1-month share price return of 10.2% and year to date share price return of 22.8% suggest building momentum. At the same time, the 1-year total shareholder return of...
GoodRx vs. Hims & Hers Health: Stagnation vs. Growth in Revenue
Quarterly filings reveal markedly different revenue trajectories and margin profiles for these two healthcare platforms. What do their latest numbers indicate?
Flutter Entertainment Q1 Earnings Call Highlights
Flutter Entertainment (NYSE:FLUT) reported 17% revenue growth in the first quarter of 2026 and said it is seeing early signs of improvement in its U.S. sportsbook business, while announcing changes to the leadership structure at FanDuel. Chief Executive Officer Peter Jackson said Amy Howe will leav
Savannah leaders dish on the state of small business locally
Savannah's Mayor's Small Business Conference highlighted economic growth driven by logistics and manufacturing, offering opportunities.
How Investors May Respond To Madison Square Garden Entertainment (MSGE) Profit Squeeze And Kalshi Branding Deal
Madison Square Garden Entertainment Corp. has reported its fiscal third-quarter 2026 results, with revenue rising to US$246.26 million while net income eased to US$5.11 million, and separately entered a multi-year partnership making Kalshi an Official Prediction Market Partner with naming rights to the sixth-floor Kalshi Concourse at Madison Square Garden. Despite higher expenses weighing on quarterly profit, management’s confidence in robust full-year growth and the Kalshi collaboration’s...
Voice AI in India is hard. Wispr Flow is betting on it anyway.
Wispr Flow says growth accelerated in India after its Hinglish rollout, even as voice AI products continue to face challenges.
MI KEMACHA YISROEL: Monsey Teen’s “Tefillin App” Celebrates 100,000 Tefillin Milestone With Inspiring Event
An inspiring evening celebrating Torah, growth, and commitment to mitzvos took place on Thursday evening 18-year-old Monsey resident Ushi Hess marked a major mi
These Monroe County businesses were honored for Small Business Week
Three Monroe County honorees were recognized for innovation, growth, and community impact during Small Business Week.
Sony Accelerates Entertainment and AI Strategy as Anime Business Drives Growth at FY2026 Management Briefing
Sony accelerates anime and AI growth strategy as Crunchyroll surpasses 21 million subscribers during its FY2026 management briefing.
Small businesses in N.C. feeling support amidst economic uncertainty
Small businesses are seeing higher costs from global conflict, but many say local community support is helping them see growth.
Scientists found the “holy grail” gene that could one day help humans regrow limbs
Scientists studying axolotls, zebrafish, and mice have uncovered a shared set of genes that may one day help humans regrow lost limbs. By identifying powerful “SP genes” involved in regeneration, researchers discovered that disabling these genes stopped proper bone regrowth in salamanders and mice. They then used a gene therapy inspired by zebrafish biology to partially restore regeneration in mice, marking a major step toward future treatments that could replace damaged limbs with living tissue instead of prosthetics.
Using Claude? Thank Elon Musk
Anthropic now relies on a huge SpaceX data center for AI compute, tying Claude's rapid growth and reliability to Elon Musk.
Redwood Credit Union Celebrates Local Entrepreneurs During Small Business Month
NAPA, Calif., May 08, 2026--During Small Business Month, Redwood Credit Union celebrates the local businesses driving economic growth in Northern California and the Bay Area .
How One Bad Business Partner Cost Me Years of Business Growth — and How You Can Avoid the Same Fate
If it's clear that the partner fails to add value, they cannot hold the decision-vote. It's a dangerous red flag as a partner. Here's what you need to do.
Rheinmetall Q1 sales jump 8 percent year on year, as naval business era begins with promise
“The technology group’s order books remain at record levels,” said the Dusseldorf-based firm as it also predicted "significant growth acceleration" for Q2.
The Hottest Job in Sports: A WNBA Front Office Role
The WNBA’s lucrative, long-term media rights are inked. The historic collective bargaining agreement between owners and players is complete. Team valuations are at an all-time high. The league enters its 30th season Friday with more fans than ever and star players who are newly minted millionaires. To keep up with this growth, front offices around …
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.
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%.
Scientists discover a new way to prevent gum disease without killing good bacteria
Scientists have uncovered a surprising way to influence the bacteria living in our mouths — not by killing them, but by interrupting how they “talk” to each other. Researchers found that dental plaque bacteria use chemical signals to coordinate growth, and by blocking those signals, they were able to encourage healthier bacteria while reducing disease-linked microbes tied to gum disease. Even more intriguing, the bacterial conversations changed depending on oxygen levels above and below the gums, revealing an entirely new layer of complexity inside the mouth.
How Disneyland Remade American Politics
America is turning 250, and The Free Press is marking the occasion with a yearlong series of events, conversations, and stories celebrating our country’s history. Today, we’re taking a journey with historian Beverly Gage to Southern California. Beverly traded the archives for the open road for her new book, This Land is Your Land: A Road Trip Through U.S. History. We’re proud to publish an excerpt, on the theme park that shaped American politics—and the presidents who loved it. —The Editors On July 17, 1955, Ronald Reagan stood near a mocked-up wood-plank town in Anaheim, California, where a 13-star flag flew incongruously over an “Old West” landscape, and introduced the world to Disneyland. He had been invited by Walt Disney himself to co-host the park’s live ABC broadcast, alongside Art Linkletter and Bob Cummings—three Hollywood actors who seemed to embody a wholesome, all-American ethos. From the imagined past of Frontierland, the show leaped ahead to Tomorrowland, set in the far-off year of 1986, emphasizing the technical marvels yet to come: nuclear energy harnessed for civilian purposes, human beings riding rocket ships into space. Disney foretold great things for a 1980s in which the United States would serve as “a source of joy and inspiration to all the world.” But even he could not predict the most important political fact of the age: that his genial co-host would become president. Southern California was a strange place to build a park about the past, because the region at the time was all about newness and abundance and growth. For a lot of its history, Orange County had been Southern California’s version of flyover country: a vast agricultural expanse between two desirable places, Los Angeles and San Diego. But Disneyland was changing that. Before long, 50 miles south of deep-blue Hollywood, Orange County would become a region famed for its right-wing politics—but also for its mythmaking skills. Those two things, it turned out, went naturally together. ADVERTISEMENT The two presidents Southern California gave America both understood this instinctively. Richard Nixon and Reagan each built a national career on invoking a version of the American past in which the specificities of historical context mattered less than the big picture. For Nixon, progress meant proclaiming a “New American Revolution” on the eve of America’s bicentennial while dismantling the federal programs that had built the postwar middle class. For Reagan, it meant recapturing a lost optimism and an old-fashioned faith in America as an exceptional nation. Both men were less interested in history as it actually happened than in history as it felt—and Orange County, a place that had built itself almost entirely from scratch, turned out to be exactly where the myth of America’s future was getting made. I’m a historian—and historians tend to be myth-busters. With the country’s 250th birthday on the horizon, I figured it was a good time to step out of the ivory tower and check in with the past as it exists here and now, at the museums and monuments and roadside attractions where Americans go to learn about their history. After all my travels—to Davy Crockett’s Tennessee and Texas, to the real Erie Canal, to the birthplace of the American automobile and the actual Old West—I couldn’t miss out on Disneyland, the single most influential historic attraction in U.S. history.
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
SeatGeek Partners with Beemok Sports & Entertainment to Power Cincinnati Open, Credit One Charleston Open
SeatGeek, the high-growth technology platform, announced a new partnership with Beemok Sports & Entertainment.
SeatGeek Partners with Beemok Sports & Entertainment to Power Cincinnati Open, Credit One Charleston Open
SeatGeek, the high-growth technology platform, announced a new partnership with Beemok Sports & Entertainment.
SeatGeek Partners with Beemok Sports & Entertainment to Power Cincinnati Open, Credit One Charleston Open
SeatGeek, the high-growth technology platform transforming the live event experience for fans, teams and venues, today announced a new partnership with Beemo...
CFOs are worried about geopolitics and inflation. But they’re still chasing growth
Finance chiefs say they're bracing for volatility but still hunting for upside.
Fanatics CEO Michael Rubin on FIFA partnership, growth of sports gaming and prediction markets
Fanatics CEO Michael Rubin joins 'Squawk Box' to discuss details of the new collectibles partnership with FIFA, state of the collectibles business, growth of the sports gaming business, his thoughts on prediction markets, GameStop's offer for eBay, and more.
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.
There is a big gap between the supply and demand for small business capital, Fundbox CEO says
Fundbox CEO Prashant Fuloria discusses small business growth on 'FOX Business In Depth.'
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...
Atari Acquires Rights to the Legendary Wizardry RPGs
Atari® (Euronext Growth Paris: ALATA) — one of the world's most iconic consumer brands and interactive entertainment producers — announced today the acquisit...
Pearland’s rapid growth brings historic political shift with election of first Black mayor
Pearland has changed dramatically over the past two decades, growing from a fast-developing suburb into one of the most diverse cities in the Houston area.
Florida Poly reaches student housing capacity as growth continues
The school is encouraging upper-level students to consider off-campus housing while expansion options are considered.
Miller-Meeks: Celebrating Iowa Small Businesses
In a newly released op-ed, Congresswoman Mariannette Miller-Meeks is highlighting recent wins for Iowa small businesses that support their growth and success.
Formula One is Morgan Stanley's top stock pick in media and entertainment
Morgan Stanley is bullish on Formula 1 racing, as the motorsport sees strong growth among an affluent and dedicated fanbase in the US.