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DuckDuckGo's 'No AI' Search Traffic Climbs as Users Reject Google's AI Overhaul
Privacy-focused search engine DuckDuckGo has seen a surge in demand for its "No AI" search option in the wake of Google's May 19th I/O announcements. Google debuted a new "intelligent" search box reimagined with AI. It features AI suggestions as an upgrade to autocomplete, support for follow-up questions, expanded Personal Intelligence for connecting Gmail and Google Photos, and Search agents.
Knicks decline to say how Mitchell Robinson injured his pinky ahead of NBA Finals
The Knicks big man needed surgery, and his status for the team's first Finals appearance in 27 years is unclear
Spencer Pratt 'catching fire' among frustrated LA Democrats, House lawmaker says
Rep. Darrell Issa tells Fox News Digital that insurgent LA mayoral candidate Spencer Pratt is catching fire among frustrated Democratic voters.
Strength Beyond the Circle
Multi-state discus champion Malia Kranz doesn't let anything hold her back—not even a senior-season hip surgery. See how the Watertown star is finding her way back to the top of the podium while keeping a positive attitude for the future.
DuckDuckGo US app installs surge after Google’s AI force-feed
Long favoured by privacy advocates, the search engine DuckDuckGo successfully rebrands as the ultimate refuge from chatbot-led web answers.
Knicks center Mitchell Robinson reportedly has surgery on broken pinky, plans to play Game 1 of NBA Finals
How Small Businesses Are Fueling U.S. Job Growth
Small businesses account for over 80% of U.S. hiring since early 2025, driving nearly 4 million hires a month. See what is fueling this jobs surge.
Cisco exec says adopting AI is like 'surgery without the drugs'
Liz Centoni, Cisco's chief customer experience officer, is working to reinvent her 20,000-employee division for the AI era. "It's painful," she says.
Think it's hot now? The next five years will smash records, UN says
In the next five years, the Earth is overwhelmingly likely to surge again and again past the international climate threshold set as safe and shatter its hottest-year record along the way, according to new United Nations climate projections.
Dr. Alexander Chiu Awarded UW Health Rising Star Clinical Practice Award
Dr. Alexander Chiu, assistant professor in the Division of Endocrine Surgery, was awarded the UW Health Rising Star Clinical Practice Award at the Physician Excellence Awards Reception on May 20. The UW Health Rising Star …
ECU Health Medical Center Graduate Medical Education Program expands rural residency tracks to strengthen physician workforce
New training tracks in Internal Medicine, General Surgery, Obstetrics-Gynecology and Pediatrics will increase access to care in rural communities
Rubio catches up to Vance in new 2028 Republican presidential poll
Marco Rubio has surged and JD Vance has lost sizable ground in a new Emerson College poll of 2028 Republican primary contenders.
Best Buy Ups Quarterly Entertainment Sales 38%
Best Buy May 28 reported a 38.1% surge in first-quarter (ended May 2) same-store entertainment sales, compared with a 15.2% decline in the previous-year period. The entertainment segment, which includes video game hardware and software, books, music CDs and computer software, saw revenue of $577.4 million, or 7% of Best Buy’s domestic revenue of $8.2 … Continue reading "Best Buy Ups Quarterly Entertainment Sales 38%"
Forget LASIK: Safer, cheaper vision correction without lasers or surgery
Researchers are developing a futuristic alternative to LASIK that reshapes the eye without lasers or incisions. Using mild electrical pulses and platinum contact lenses, they temporarily soften the cornea so it can be molded into a new shape. Early tests on rabbit eyes successfully corrected nearsightedness in about a minute while preserving the eye’s structure.
Tick bite ER visits hit highest seasonal level in years as doctors warn of disease surge
CDC data shows tick bite-related ER visits are at their highest seasonal levels in years, with doctors urging prevention amid a tick-borne disease surge.
Wrongful death lawsuit filed against Miami plastic surgery business for the deaths of two patients
Doctors push new blood tests for colon cancer as cases surge in younger adults
The American Cancer Society updated colorectal cancer screening guidelines, adding blood-based tests and reaffirming screening should begin at age 45.
Google’s AI Search is pushing users away, and Bing has a rare opening it has not seen in years. What happens next is up to Microsoft.
As competitor search engines surge on Google's AI obsession, Microsoft should exploit the situation. But it'll go against everything it's been doing up until now.
Meet a Health Hero: Katelynn Devinney of Pockets of Hope
The 2025 Health Hero Challenge winner sews and donates drainage tube-friendly sweatshirts to women recovering from mastectomy surgery.
Photo Gallery: French surgeon who pioneered vocal cord repair visits Vanderbilt Health, observes seventh procedure
Marie, a physician from France who has spent over two decades honing the selective laryngeal reinnervation, presented at the second annual Robert H. Ossoff Lecture and was a guest in the operating room for Vanderbilt Health’s seventh such surgery.
UIC and UI Health: Reshaping the future of telesurgery
Researchers at UIC and UI Health are challenging accepted beliefs […]
Is Panthers' Jonathon Brooks healthy enough to serve as RB2?
Carolina drafted the former Texas running back in the second round of the 2024 NFL Draft, but he endured his second knee surgery.
GTA 6 Pre-Order Hype Causes Huge Malware Concern
Grand Theft Auto 6's pre-order concerns have driven a surge in malware, phishing, and scams, it has been revealed.
BTS concerts bring surge in business to Las Vegas Chinatown
K-pop supergroup BTS performed at Allegiant Stadium this weekend with shows Saturday and Sunday, bringing a significant boost to businesses in Chinatown.
Maple Leafs say Max Domi out ‘indefinitely’ after surgery complications
The team said Monday the 31-year-old experienced complications following the procedure after playing through the injury during the 2025-26 season.
Let’s restore meritocracy to the office of the surgeon general
It has become increasingly common to appoint leaders from outside the career ranks of the Public Health Service.
Commentary: Illinois mixed strategy and intention to mount a resurgence
Global companies are choosing Illinois because the state is aligning itself with where the economy is going, not where it has been.
Rash: DEED ‘Choose Minnesota’ campaign to boost small businesses
The initiative comes as Operation Metro Surge, tariffs and the U.S.-Israeli war on Iran challenge this backbone of the state’s economy and society, columnist John Rash writes.
Inside Europe's tech startup surge that's being boosted by AI
European startups like Legora and Lovable are challenging US tech dominance, driven by AI advancements and better access to VC funding.
Bystander Wounded in White House Shooting Is in Stable Condition
The Metropolitan Police Department is investigating to determine who shot the bystander, who underwent surgery, and how many bullets were fired.
Resurgent Political Risk Derails Rallies Across Emerging Markets
Investors in emerging markets are getting slammed by a fresh wave of political turmoil that is derailing bets from Latin America to Eastern Europe.
What Families Are Really Spending to Keep Kids in Sports
Family spending on youth sports has surged as year-round leagues, training and travel become increasingly common.
Vinted wants to be America's next shopping addiction
Vinted has seen sales in Europe surge year-on-year, It's now trying to recreate that success in the US.
La Porte County deputy shot at Michigan City hospital undergoes 8-hour surgery, officials say
Officials provided a health update Saturday on an Indiana sheriff's deputy who was critically hurt in a hospital shooting Friday in Michigan City.
Bond breakout? Big effects of bad data. Immigration and thermostatic politics & dad-chat is coming for dad-books.
Thank you for opening your Chartbook email. Anna Airy, A Shell Forge at a National Projectile Factory, Hackney Marshes, London, 1918 Bond breakout - John Authers Across the developed markets, bond markets are staging a slow-motion car wreck. Looking at the drastic moves in the US, Japan, the UK and France, Barclays’ Ajay Rajadhyaksha commented: “Last week, long bonds broke. Not in one country. In all of them. Simultaneously. Four countries. Four different political systems. Four different central banks. But the same trade — “get me out of duration!”” Each country has its own contributing political problems, but the uniformity of the shift out of long-term bonds with high duration makes clear that something broader is afoot. For Rajadhyaksha, it is “simple and uncomfortable.” The developed world “has too much debt, too little fiscal discipline, and no political appetite for fixing either.” If there’s a trigger, it has been the Iran war and the resulting shock to oil supply. Source: Bloomberg G7 countries are now borrowing at rates that were enjoyed by EM in the early 2020s For contributing subscribers only. Subscribe Trade between China and Russia has grown in recent years For contributing subscribers only. Subscribe Big effects of bad data A decade ago nearly nine in ten Americans, when approached, agreed to fill out the Current Population Survey, which is administered to about 60,000 households each month and asks about, among other things, employment. Fewer than seven in ten do so now (see chart 1). For the Consumer Expenditure Survey, which tries to capture 3,700 households monthly, the response rate is down from 68% to 40%. … When the information becomes less reliable, investment decisions get more difficult to make. Some may be delayed, creating a potential drag on the economy. A new working paper by Nicholas Bloom of Stanford University, Erica Groshen, former head of the Bureau of Labour Statistics (BLS) now at Cornell University, and Duncan Hobbs and Michael Strain of the American Enterprise Institute, a think-tank, hazards an estimate. Preserving trust in “the integrity and quality of official statistics”, the authors claim, generates economic benefits of about $25 for every $1 spent on the BLS, the agency with an annual budget of $700m that is responsible for many of these data. To arrive at their conclusion the quartet analysed an ignoble episode in the BLS’s recent history. On August 1st 2025 Donald Trump sacked Erika McEntarfer, appointed as the agency’s commissioner by his predecessor, Joe Biden. The president alleged, without evidence, that the BLS’s steep downward revision to recent jobs numbers had been “RIGGED in order to make the Republicans, and ME, look bad”. In fact, it was the wanton dismissal that looked bad in the eyes of many observers. In the following seven days there was a 50% leap, relative to the week before, in the average value of the index of Economic Policy Uncertainty (EPU), which tracks the number of articles mentioning such uncertainty that are published daily in American newspapers. This was a discernible jump even when compared to the chaos caused by Mr Trump’s trade war in April 2025 and his real one in Iran in the past two months (see chart 2). Based on Mr Bloom’s earlier study with other colleagues of the EPU’s impact on business investment, industrial production and employment, the authors estimate that the jump reduced American GDP by over $100bn (0.3%) and non-farm payrolls by 168,000 (0.1%). Source: The Economist Immigration and thermostatic politics (Sarah O’Connor in the FT) A strange thing happened a year and a half ago. No sooner had Americans elected Donald Trump as president on an explicitly anti-immigration platform than US public opinion began to swing much more favourably towards immigration. … to political scientists who study “thermostatic” politics, this development is no surprise at all. Public opinion often moves against the prevailing party, especially if they are perceived to have gone “too far” in one direction. The phenomenon was first explored in the 1990s with reference to fiscal policy, but in recent years it has been particularly evident in the realm of immigration policy. While these swings in opinion polls can make it seem as if people don’t know their own minds, they can be a useful democratic check on governments by sending bright flashing warning lights when policies stray too far from the public’s comfort zone. The problem comes when politicians misinterpret those signals. When people tell pollsters they want less immigration, or think it is bad for the country overall (or the converse), they are often expressing an opinion about how things appear to be going in that moment relative to their preferences, rather than a deep shift in their underlying views. According to Alexander Kustov, a political scientist, most Americans’ views are quite stable and moderate: they support immigration that is controlled and in the national interest, and oppose flows that are disorderly or under-enforced. In the US, he argues the Trump administration over-interpreted dissatisfaction with high immigration under Joe Biden, and implemented policies that went too far for many voters. “People don’t necessarily change their idea about their ideal immigration policy, but they can react to what the government is currently doing,” he told me. “A lot of people are not happy with what the Trump administration are doing — right now we’re not talking about border enforcement, we’re talking about people not just getting harassed, but killed.” But similarly, he added, pro-immigration advocates would be making a mistake to interpret the recent, more favourable swing towards immigration as a deep-seated ideological shift in attitudes. The recent history of UK immigration policy offers another cautionary tale. After the 2016 Brexit referendum, public concern about immigration fell. This was partly because net migration statistics declined, but also because people felt a sense of catharsis and control, says Sunder Katwala, director of British Future, a think-tank. By 2019, the public ranked immigration as only the ninth biggest issue of concern, according to Ipsos polling. But when the Conservative government liberalised visa routes for students and care workers between 2019 and 2022, that helped net migration to surge. And so, too, did public concern. Today’s Labour government has implemented another sharply restrictive turn in immigration policy. As Kustov and researcher Caitlyn Yates argue, thermostatic public opinion should be a useful check on politicians. Instead it seems to have helped to magnify the pendulum swing in the UK. The government over-interprets and overreacts to a change in public opinion, which reacts in turn, prompting a sudden swing the other way. Source: Financial Times HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Anna Airy, Shop for Machining 15-Inch Shells: Singer Manufacturing Company, Clydebank, Glasgow, 1918 Racing for a vaccine … we have been here before! The deadly Ebola outbreak in two African countries driven by a virus species with no vaccine has triggered an urgent search for a potential jab, in a test of troubled global efforts to avert threats posed by emerging diseases. A World Health Organization advisory group is due to would meet on Tuesday to recommend candidate jabs to prioritise for clinical trials, the global health body said. It will assess data including an analysis by the Coalition for Epidemic Preparedness Innovations (Cepi), which was set up after failures in the international response to a previous Ebola crisis. The latest Ebola outbreak in Democratic Republic of Congo and Uganda has infected hundreds of people and killed more than 80, health authorities say. Cepi’s reaction will be a crucial indicator of its progress towards its wider goal of producing vaccines for pandemic threats in just 100 days, despite steep cuts to international health funding. “If there was ever a time that we could show the world why Cepi is needed and show the world why the 100-day mission is needed, it’s now,” Nicole Lurie, the organisation’s executive director for preparedness and response, told the FT. “We’re happy to accept that responsibility, but obviously we need help from partners — particularly financial help in the long run.” DR Congo and Uganda would make the final decision on whether to press ahead with any vaccine candidates endorsed for clinical trials by the WHO experts, the global health body said. “Other ethical and community acceptability issues will be considered,” said the WHO, which declared the latest outbreak a public health emergency of international concern on Sunday. “This will be important to make sure that the trial, if it happens, will be adequately communicated to the population.” Lurie said Cepi had provided information from a survey of research teams and companies working on drugs that might be effective against the Bundibugyo virus behind the outbreak. The organisation hoped soon to announce partners in the quest for a jab, she added, although she declined to give a timescale for when one might be developed. Cepi’s Nicole Laurie said global health bodies were ‘getting some live-fire drills’ with hantavirus and the latest Ebola outbreak. The hunt for a vaccine should be helped by scientific advances including the use of artificial intelligence to find drugs active against viruses, Lurie said. Existing jabs against the Zaire Ebola virus responsible for many previous outbreaks might provide a basis for tackling the Bundibugyo species, she added. “We’ll see how far and how fast we can get,” Lurie said, adding that Cepi had done preliminary work recently on a possible jab for the rat-borne hantavirus responsible for a recent fatal outbreak on a cruise ship. “Both with hantavirus and now with Ebola, [we] are getting some live-fire drills.” Source: Michael Peel in the Financial Times Dad-chat is coming for dad-books. (By Pamela Paul and Jeffrey A. Trachtenberg in the WSJ) They were the go-to gifts for Father’s Day: a book about some little-known chapter of World War II, the sweeping narrative of a shipwreck, perhaps the latest presidential biography. These days, dad books are a dying breed. Nonfiction book sales have been in decline for the past four years, and are now the most challenged segment of the print book market. Publishers say certain types of books still fare well—including celebrity memoirs and religious titles. But in recent years, print sales in such categories as biography, current affairs and business and economics—what publishers refer to as “serious nonfiction” and which tend to resonate especially with men—have fallen considerably. Sales of nonfiction print titles were down nearly 8% through May 9 this year, and sales of books about politics and current affairs were down 19%, according to book tracker Circana BookScan. Publishing has long been subject to cyclical changes, with trends in format and genre taking over bookshelves in grand sweeps. (Remember the adult coloring-book craze? Or the stratospheric rise of romantasy?) But many in publishing believe the decline in serious nonfiction is more existential. “The trend couldn’t be clearer,” said Jonathan Karp, the former chief executive of Simon & Schuster and publisher of the new Simon Six imprint. “This is a sea change and people should wake up and realize we’re living in a new world.” One culprit for the shift: a new media diet for fans of more serious nonfiction. … Sixty-two percent of men and 54% of women consumed a podcast in the prior month, according to a recent survey by Edison Research at SSRS, up from 46% and 39%, respectively, in 2023. “When we have internal meetings to talk about this problem, it always comes around to podcasts,” said Jonathan Burnham, president and publisher of the Harper Group at HarperCollins Publishers. “The man who wants to read American history is now tuning into one of the many good podcasts about history that lends the quiet attention to a serious subject he’s looking for. It makes the idea of sitting down with a 700-page Ron Chernow book less appealing. You’ve scratched that itch.” Source: Wall Street Journal Remarkable report by Novara from the nationalist rally in London in mid May. Anna Airy, Leopard Moth and Plums, 1915 If you’ve scrolled this far, you know you want to click: Subscribe
Spring sports surge: How to avoid foot and ankle injuries
One warm weekend — and suddenly everyone is back outside running, playing pickleball, or hitting the basketball court. But doctors say jumping into intense activity too quickly can lead to painful injuries that may keep you sidelined for weeks.
Red Sox SS Story out several weeks after sports hernia surgery
Struggling Boston Red Sox shortstop Trevor Story could be out several weeks after sports hernia surgery.
Imax surges on report it’s approached entertainment companies for a sale
Imax shares climbed more than 15% in premarket trading on Friday....
AMC Entertainment Stock Surges After CEO Buys Thousands of Shares
AMC Entertainment stock jumps 14.6% after CEO Adam Aron personally buys 250,000 shares, citing confidence in the 2026 box office recovery.
'Get off your phones': Surgeon general advisory calls on kids to cut screen time
The advisory was released amid a growing debate over cellphone usage and its impact on youth.
AI Training For Small Businesses Goes Nationwide
Free AI training from the U.S. Chamber and new tools from Anthropic are arriving just as small business formation surges and the AI adoption gap begins to close.
As losses from scams surge, Congress asks telecoms to do more to prevent them
A powerful congressional committee is urging major telecommunications companies to do more to protect Americans against scams, part of a widening investigation into the role that U.S. companies play in the surge in cyberscams that cost Americans an estimated $200 billion in 2024.
New obesity drug helped patients lose up to 85 pounds in trial
A new experimental obesity drug from Eli Lilly helped patients lose an average of about 85 pounds in a late-stage clinical trial. Duke Health expert Dr. Susan Spratt says the results are reaching levels typically only seen with gastric bypass surgery.
NYC Health + Hospitals Marks 10 Years of Robotic Surgery, Completing Over 20,000 Procedures - NYC Health + Hospitals
New York, NY — NYC Health + Hospitals today announced it had completed over 20,000 robotic surgeries since 2016, marking a decade of expanding access to
Medtronic recalls thousands of surgical devices due to contamination risk
This Class II recall includes more than 18,000 cannulae used during cardiac surgery.
Gonorrhoea and syphilis hit record levels in Europe, data shows
STIs have surged thanks to record cases and gaps in testing and prevention, a health agency reports.
What the Indy 500 Reveals About the Future of Live Sports
Darden professor Anthony Palomba discusses he economics behind the Indy 500’s resurgence, what broadcasters are learning about Gen Z audiences and why live sports remain one of television’s most valuable assets.
Nvidia beats Wall Street expectations amid AI chip boom, Asian tech stocks surge
Rolling coverage of the latest economic and financial news
Underage sports betting reports surge in Connecticut, some involving children as young as seven
More than 200 reports of underage sports betting were reported in Connecticut in one year, with some instances involving children as young as seven years old.
HHS warns of children’s screen time use, citing impact on sleep, mental health
The Department of Health and Human Services (HHS) warned about children’s screen time in an advisory released Wednesday, citing impacts on sleep and mental health. The “Surgeon General’s Warn…
Who Gets to Shape Healthcare?
Howie and Harlan discuss how AI is transforming medical research and publishing, the growing role of consumer health platforms and wearables, new advances in stroke treatment, and the debate over rising hospital costs. They also examine the FDA’s approval of flavored vaping products and the nomination of a new surgeon general.
Screen time limits can protect children’s health, U.S. surgeon general advisory says
The Trump administration warned that too much screen time for children is linked to poor sleep, bad behavior and less physical and social activity
Blue Jays pitcher José Berríos undergoes Tommy John surgery
A two-time All-Star, Berríos has a 7-year, $131 million contract that runs through the 2028 season.
New surgeon general advisory suggests screentime limits for kids
An advisory from the surgeon general's office released May 20 outlines the harms for screentime among youth and offers ways to promote healthy use.
New surgeon general’s advisory raises alarm about screen time risks for kids and teens
Too much screen use among kids and teens – including endless social media scrolling, nonstop texting and hours of video games – can be harmful, and it has become a public health concern in the United States, according to a surgeon general’s advisory released Wednesday.
YOLO for GOP members? What unencumbered Republicans could mean for Trump's agenda
In a Republican-led Congress defined by deference to President Donald Trump, there's a small but steadily growing cohort who have found themselves more willing to break with the White House.
Where Data Meets Care: Advancing Medicine Through Research
Research presented at a national healthcare conference this past month may already be shaping the care patients receive today. From safer opioid prescribing after surgery to better understanding cardiovascular risk and the role of mental health support in cancer care, Sutter Health researchers shared studies at the 2026 Health Care Systems Research Network Conference in […]
Meredith Hayden Shares Her Cooking ‘Summer Bucket List’ for Her First Summer Since Surgery Recovery (Exclusive)
Meredith Hayden told PEOPLE about her summer cooking goals, ACL recovery and how cooking supports her mental health, plus details on her Barilla partnership.
Primary Care Making More Mental Health Diagnoses for Kids
Pediatric mental health visits in primary care surged over a 9-year period.
New leadership fight between Democrats grows in Brooklyn
An insurgent political group is trying to take over party leadership.
Farmers, business owners, customers feel the impact of beef prices surging
The cost of beef is surging across the U.S.That surge in price is impacting the entire supply chain from farmers, business owners, to customers.Americans are ea
Genius Sports Revenue Surged 31% Last Quarter. So Why Did This Investor Bail?
Genius Sports delivers real-time data and digital solutions to sports leagues, sportsbooks, and media clients worldwide.
Google I/O kicks off with reveals on AI models, Gemini product expansion, and agentic features
Google I/O 2024: Alphabet highlights Gemini AI surge (3.2 quadrillion tokens, 900M MAUs), unveils Ask YouTube + Omni Flash video AI.
I started powerlifting at 75 after recovering from surgery
Barbara Phillips began competing in powerlifting at 75 after hip replacement surgery and decades of staying active.
How Women Can Prioritize Health — and What to Check Annually
More than 6 in 10 women struggle prioritizing their health according to a survey, so Dr. Elisa Port, chief breast cancer surgeon at Mount Sinai and author of “Breast Advice,” joins TODAY with a closer look at the biggest issues and questions women face regarding their health. She breaks down the four Ws that help reduce risk of breast cancer, shares her recommendations for prioritizing screenings, and highlights the benefits and risks of hormone replacement therapy.
Steam Deletes A Bunch Of Game Tags Like 'Dungeons & Dragons,' 'Warhammer 40K,' And 'Lego' In Rare Purge
It has also made the surge of Vampire Survivors clones official with the new tag 'Bullet Heaven'
Jake Fraley To Undergo Sports Hernia Procedure
The Rays lose a platoon bat in their outfield, as Jake Fraley will be out of action for up to two months after undergoing sports hernia surgery.
Surgical patients with mental health conditions who receive music therapy are more medically complex, study finds
A new study from University Hospitals Connor Whole Health found that patients with mental health and/or substance use disorders who undergo surgery and receive music therapy are more medically complex ...
Experts see near-decade high ER surge in tick bites. How to stay safe
Tick activity is on the rise nationally, including in the Midwest, as summer nears. What to know about the dangerous pests.
Global Steel Price Surge: Not India Or China, This Nation Steals The Show
India Steel Production: India remains one of the quickest expanding steel markets in the world within this global uptrend.
A’s Bullpen, Defense Collapse in Series-Deciding Loss to Giants
Late-inning surge by Giants spoils A’s Comeback bid in rubber-match
DeerTV Reports Surge in Demand for Outdoor TV Enclosures Ahead of Summer 2026 Outdoor Entertainment Boom
Changan, China--(Newsfile Corp. - May 18, 2026) - DeerTV, a manufacturer of weatherproof outdoor TV and projector protection systems, is...
'This may be the last time you hear my voice': Political executions surge in Iran
Since the US and Israel attacked Iran on 28 February, the UN says it’s verified the execution of at least 32 political prisoners.
Yankees’ Aaron Judge-Ben Rice Duo off to Historic Start
Aaron Judge and Ben Rice have put themselves alongside some legendary New York Yankees duos with their early-season home run surge.
Amy Grant discusses health challenges, songwriting, and Nashville shooting response
Multi-platinum singer Amy Grant shares her journey through major health battles, including open-heart surgery and recovery from a brain injury on 'Fox News Sunday.'
Dodgers trade for Eric Lauer
With Blake Snell having elbow surgery on Tuesday, Tyler Glasnow on the injured list with back spasms, and River Ryan only one start back from a minor league injured list stint, the Dodgers had five starting pitchers for their six-man rotation. So it makes perfect sense that they acquired left-hander Eric Lauer from the Toronto […]
Mission admission: AI, data science courses surge across Gujarat campuses
Vadodara: Artificial intelligence (AI), data science and emerging technology programmes are witnessing a major push across Gujarat, with universities rapidly introducing specialised courses to tap growing student demand and industry requirements.
Who Is Saikat Chakrabarti? The Tech Millionaire Who Wants to Turn the Democratic Party Upside Down
Chakrabarti is running on an insurgent message to fill Nancy Pelosi’s House seat in San Francisco.
The Sauna Business Surges in Oregon
It’s a sauna boomtime. Also a boomtime, perhaps, for legally ambiguous cold plunges.
The new political era of insurgent candidates is roiling the Pennsylvania primary
A decade after Donald Trump upended the Republican Party by attacking the GOP establishment in his first presidential campaign, the political outsiders...
Dodgers Lose Blake Snell for Months After Elbow Surgery Decision
Dodgers manager Dave Roberts announced that Blake Snell will indeed go through elbow surgery and miss months of action.
Morgan Stanley turns bullish on Ford's EV storage business
Ford Motor stock surged 13% in a single session the week of May 10 after Morgan Stanley issued a bullish call on the automaker's energy storage business. That was Ford’s biggest one-day gain since March 2020. For context, that kind of move doesn't happen without a serious catalyst. And this one ...
Checking in with Dodgers relievers Will Klein, Wyatt Mills
With the Dodgers on a three-city road trip to Anaheim, San Diego, and Milwaukee, here are a few leftover tidbits from the last homestand at Dodger Stadium. Toast of the town First, I spoke with reliever Will Klein, who has kept his late-season surge and World Series heroics going in the early part of the […]
America In Focus: Hotter inflation doesn’t stop consumers, investors
American consumers are keeping a close eye on economic data, as gas prices fueled an inflation surge of 3.8% in the U.S. last month.
The buzz on oil prices hitting Redding auto-lube shops. Dunkin' time
This in the Buzz. The surge in oil prices are impacting local oil change businesses. An update on Dunkin's opening day and a job fair is planned.
AI images are distorting plastic surgery expectations
Patients are turning to ChatGPT for beauty standards. The results aren't physically possible.
DACA recipients are losing protections and work permits as renewal delays surge
Marco, 26, graduated from one of the country’s top medical schools last week. He found his calling after witnessing his grandmother battle cancer, and he sometimes worked up to 40 to 60 hours a week to afford his education.
The 13 highest-paying jobs in the US
New data showed which US jobs pay well on average. Many healthcare jobs, such as those of various surgeons, are high-paying.
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
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