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Lindsey Buckingham reveals where he and Stevie Nicks stand after longtime feud
Lindsey Buckingham is sharing a major update on his and Stevie Nicks’ relationship after their years-long drama.
Trump says Congress wants to regulate AI industry 'out of business'
U.S. President Donald Trump said the U.S. Congress wants to regulate the AI industry "out of business," according to a Punchbowl News interview published on Friday.
iPhone 18 Pro is getting even more ‘Pro’ this year in three ways
iPhone 18 Pro and Pro Max will be unveiled soon, and rumors point to at least three ways the new models will be even more ‘Pro’ this year.
‘Big Brother’ host Julie Chen Moonves reacts to the icons’ big move against Red Corner
‘Big Brother’ host Julie Chen Moonves reacts to the icons making their big move against Red Corner, and if there could be sleeper candidate in the house.
House Democrats Demand Answers From Trump’s VA on Vets Struggling to Access Mental Healthcare
A letter from Democratic lawmakers to VA Secretary Doug Collins cites a recent ProPublica investigation that found hundreds of therapists have left the agency and vets often aren’t getting the help they need.
Donald Trump refuses to say whether Ohio Republican Max Miller should step aside by tomorrow
Former senior adviser to Trump is seeking reelection despite domestic abuse allegations by his ex-wife
FAA orders inspections of hundreds of Boeing 737 Max jets over potential cracks
The FAA is requiring inspections of 471 U.S.-registered Boeing 737 Max jets over possible cracking, though Boeing says the issue has not been seen on the Max fleet.
Netflix stuck a guy in a billboard to promote a new movie
Thirty feet above Sunset Boulevard, Netflix put a guy inside a billboard made up like a living room to promote the new sci-fi thriller ‘The Last House.’
What the left’s Michigan breakthrough does – and doesn’t – mean: From the Politics Desk
Plus, Ohio GOP Rep. Max Miller faces growing calls to step aside.
How a Maxwell Professor Uses Radio Dramas to Improve Public Health Outcomes
Bernard Appiah, an associate professor of public health, delves into the power of combining entertainment and engagement in public health communications.
Monica Barbaro details deleted ‘Top Gun: Maverick’ scene with Jon Hamm
Monica Barbaro recalled shooting scenes for ‘Top Gun: Maverick’ with Jon Hamm and Lewis Pullman that got ‘cut’ from the film.
GOP Rep. Max Miller resists pressure to drop reelection bid as party anxiety grows over abuse claims
Miller is facing a congressional ethics investigation related to domestic abuse allegations leveled against him by his ex-wife but is insisting he won't withdraw.
Perez Hilton’s Children ‘Fled’ His Home Moments Before His ‘Severe Mental Health Crisis,’ Family Says
Perez Hilton’s family members fled his home moments before his mental health crisis, his family shared in an Aug. 6 statement.
Sen. Bernie Moreno tells CNN he sent daughter and granddaughter ‘out of state to a secure place’ amid Max Miller allegations
Sen. Bernie Moreno told CNN that he sent his daughter, Emily Moreno, his granddaughter and his wife “out of state to a secure place” as GOP Rep. Max Miller, Emily’s ex-husband, faces heightened scrutiny over abuse allegations, which he denies.
Bruce Willis’ wife makes rare comment on meeting actor while engaged to someone else
Bruce Willis wife Emma Heming Willis made rare comments about first meeting the actor while she was engaged to someone else: ‘Loved being around him,’ she said.
How UTC students learn entrepreneurship by actually building businesses - Gary W. Rollins College of Business
At UTC's Max Fuller Center, students learn entrepreneurship by doing — through paid internships, prototyping in the Hatch It Lab, pitch competitions, and mentorship from real entrepreneurs.
Martha Stewart burns Meghan Markle with shady comment about her lifestyle show
Martha Stewart called out Meghan Markle’s lifestyle show, and her transition from actress to royal to TV personality.
iPhone 18 Pro Launching Next Month With These 12 New Features
It is now August, and that means the iPhone 18 Pro and iPhone 18 Pro Max are just a month away. The devices are expected to look similar to the iPhone 17 Pro and iPhone 17 Pro Max, but there will still be many year-over-year changes, with rumored features including a smaller Dynamic Island, 5G via satellite, and more.
‘Super Troopers’ crew tricked actors into chugging too much maple syrup, found them lying on the ground
The stars of ‘Super Troopers 3’ explain how the crew once pranked them. Of course it involved maple syrup.
Snoop Dogg and Backstreet Boys’ Kevin Richardson meet after ‘separated at birth?’ twin meme
For years, the internet has said Snoop Dogg and Kevin Richardson look alike. Here’s what happened when they were photographed together: ‘It finally happened… iykyk’
Adam Sandler’s daughter reveals his bizarre swimming pool ritual
Sunny Sandler revealed her dad Adam Sandler’s unusual swimming pool habit during an interview with Jimmy Fallon, who didn’t believe her: ‘That is not true at all.’
Bella Thorne’s ex taught her ‘how to be an adult’ amid hard times with mom
Bella Thorne credited ex-boyfriend Gregg Sulkin for teaching her key parts of adulthood at 18 after she moved out of her mom’s house.
Travis Kelce’s coach Andy Reid defends athlete from ‘dad body’ claims in wake of Taylor Swift wedding
Travis Kelce’s coach Andy Reid defended the tight end from ‘dad body’ claims weeks after marrying Taylor Swift.
Katey Sagal says she’s surprised to still be ‘very sexual’ at age 72
Katey Sagal said she imagined that sex ‘would be a distant memory’ when she reached her 70s: ‘I’m at this age of my life and still into it.’
Katey Sagal reflects on doing press with John Ritter hours before his ‘mind-blowing’ death
Katey Sagal is looking back at her ‘mind-blowing’ experience of doing press with John Ritter just hours before his death at age 54 in 2003.
It looks like a SpaceX rocket did slam into the moon (as predicted)
A SpaceX rocket that launched a pair of lunar landers slammed into the moon as predicted on Wednesday, scientists reported, after drifting off course for the past year.
The MAX announces Mississippi Arts + Entertainment Hall of Fame 2026-2027 class
Five artists named to state’s highest honor in arts and entertainment
Whoopi Goldberg suggests she’d exit ‘The View’ if she was richer
Whoopi Goldberg has suggested that she’d leave ‘The View’ if she had more money: ‘Don’t know if I’d still be doing the show,’ she told actress Keke Palmer in a new podcast interview.
Republican voters reluctant to abandon Rep. Max Miller over abuse allegations
The Ohio Republican, who has denied any wrongdoing, has pledged to stay in his race for a third term.
See Martin Lawrence return as Martin in first look at ‘Martin’ spinoff
Martin Lawrence and Tommy Davidson are reuniting for the Paramount+ comedy ‘The Varnell Hill Show.’
Republicans move to oust embattled Florida GOP lawmaker in bitter primary fight
Reps. Cory Mills, Chuck Edwards and Max Miller face misconduct allegations that now threaten GOP control of Congress heading into midterms. Edwards has dropped his campaign.
Speaker Johnson says Ethics Committee should carry out Max Miller investigation
The Ohio Republican congressman has faced calls to drop his reelection bid over domestic abuse allegations.
‘Wizards of Waverly Place’ actor slams revival for not inviting original cast back ahead of finale
‘Wizards Beyond Waverly Place’ released its final episodes on Tuesday, and original star David DeLuise has called it out.
The #1 Cooking Oil for Heart Health, According to Nutrition Experts
Based on scientific research and expert consensus, extra-virgin olive oil is the healthiest oil for your heart, since it’s rich in antioxidants and healthy fats.
Mario Lopez faces backlash for posting, then deleting, an unsettling AI-generated video of his niece
Mario Lopez is in the hot seat for sharing an AI-generated video depicting his niece, Kalia Wong, eating two hot dogs at a Dodgers game in a manner many fans found disturbing.
Maxx Crosby Praises Klint Kubiak's Approach as Raiders' New Coach
Klint Kubiak is already setting the tone as the Las Vegas Raiders begin adjusting to a new era.
Max Miller: US congressman refuses to drop re-election bid over ex-wife's abuse claims
Ohio Republican Max Miller's former father-in-law, a US senator, wants him removed from Congress.
iPhone 20 Pro and Pro Max Might Get Bigger Screens in 2027
Apple is also considering an all-glass look for the front display.
Two more House Democrats face primary danger: From the Politics Desk
Plus, the House Ethics Committee is investigating Ohio GOP Rep. Max Miller.
New DC Studios Show 'Lanterns' Is Out This August on HBO Max, Plus New 'Hard Knocks,' Conan and More
These shows and tons of great new movies arrive to HBO Max this month.
Bruce Springsteen gives major update about wife Patti’s health battle
Bruce Springsteen is sharing a positive update in his wife Patti Scialfa’s battle against cancer.
Linda Blair offers update on ‘bizarre’ raid of her property over reported kennel operation
Linda Blair is glad that that the ‘bizarre’ search of her property could ‘shed light’ on the animal rescue crisis amid the active investigation of a ‘kennel operation.’
Max Miller Shrugs Off Trump’s Warning and Pushes Ahead in Ohio
Republicans hoped a shove from President Trump would persuade the embattled congressman to drop his re-election bid in the face of abuse allegations. It hasn’t happened.
Rep. Max Miller to seek ethics probe into himself over abuse claims
Rep. Max Miller is the former son-in-law of U.S. Sen. Bernie Moreno.
Apple Starts Preparing for September iPhone Event
Apple is getting ready for its big September iPhone event, which is expected to see the debut of the iPhone 18 Pro, iPhone 18 Pro Max, and an all-new foldable iPhone. Ahead of the event, Apple is holding an Event Support Experience Program lottery for U.S. retail employees who want to travel to its Apple Park campus to staff the in-person media gathering.
Behind closed doors, Trump and White House officials hope Rep. Max Miller drops reelection bid, sources say
Denise Richards claims Charlie Sheen’s security would call her to deal with him during ‘tiger blood days’ so they wouldn’t get fired
Denise Richards gets candid about the ‘tiger blood’ days following her divorce from Charlie Sheen.
MrBeast Sales Slow, Angel Stock Falls, MUBI and Neon Look for Hits, and Will an NBA Franchise Set a Sales Record?
(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) You probably remember egg prices spiking a few years ago. This led to a lot of debate between the pro-market/pro-competition/antitrust/Neo-Brandesian crowd and the center/center-right/center-left/abundance/libertarian crowd over the cause, whether it was the avian flu outbreak or whether industry consolidation led to price fixing, using avian flu as a convenient cover. Basel Musharbash wrote a whole investigation at BIG looking at it. Well, two years later, we have our answer: it was price fixing. The Justice Department found proof, via emails, of price fixing. Indeed, just the threat of an investigation brought prices down two years ago: I bring this up because at least half a dozen of my favorite political writers and pundits, who were skeptical about price fixing at the time, haven’t written any mea culpas on this issue. It’s really dispiriting and makes it much, much harder to trust their work on other issues. If you take a hard stand on an issue, then you get it wrong, you need to explain how and why you got it wrong. Or update your priors. This is how epistemological bubbles are formed! All of which is to say, it’s time for another installment of “What I Got Right, What I Got Wrong”. Last issue, I mostly focused on the “wrong” side of the equation, so today’s is a bit more balanced, but with one big mea culpa (though I still stand by my original concerns). Let’s dive right in! Subscribe CORRECTION: UFC Didn’t Release Subscriber Data (But Seems to Have Bragged About It Internally) In my analysis of the viewership of UFC Freedom 250, I wrote... “Paramount has also released datecdotes bragging about their subscriber numbers. Earlier this year, they claimed that the first UFC fight on Paramount+ brought in 1 million subscribers.” Well, that datecdote did not come from a PR rep, but from great reporting from James Faris at Business Insider. The actual quote was this: “Paramount’s flagship streaming service generated about a million new subscribers on the day of its first-ever UFC event, Paramount product chief Dane Glasgow told employees in a town hall on Tuesday morning, three staffers who attended the meeting told Business Insider.“ This wasn’t the biggest goof in the world; even Faris emphasized to me that this is more a “clarification” than a correction. Still, it sounds like, internally, the folks at Paramount were very happy about this result—and I’m guessing they were happy with this news getting out—even though the gains didn’t last through the quarter, dropping to 700K adds. RIGHT: MrBeast’s Struggles Continue... I’m very skeptical about MrBeast’s burgeoning media “empire” and, in particular, its $5 billion valuation, as I wrote earlier this year and last year. Sure enough, according to Business Insider, regarding its “booming” consumer products division_:_ “US sales volume grew 13% year-over-year in 2025, following a 33% leap the previous year, according to a presentation deck dated May 2026....A February 2025 investor deck viewed by Business Insider showed Feastables’ net revenue more than doubled in 2024 from 2023, to $215 million, and was forecast to grow 74% in 2025, to $375 million.” [Emphasis mine.] If you told investors that you projected 74% growth but delivered 13%,1 that’s not ideal. But it’s not just MrBeast. Logan Paul and KSI’s Prime had sales drop in half for their energy drinks. It’s one thing to build a successful entertainment company and an entirely different thing to succeed in the heavily-consolidated-but-also-very-competitive consumer packaged goods space! CPGs are dominated by a few firms with very wide moats compared to YouTube, which has few barriers to entry. These businesses require different skill sets and have completely different business environments. WRONG: Does the NBA Have an $8 Billion Bidder? Almost as soon as I published my article about the NBA’s finances, casting skepticism on NBA expansion, I saw this Front Office Sports headline: One group “claims to have already raised $8 billion” for the Vegas expansion team. I mean, wow. That’s just $2 billion less than what the Los Angeles Lakers were valued at when they were sold just last year. And they’re arguably the most popular team in the NBA. (Side note: the new owner is now under an investigation for fraud in how he went about financing the Lakers and the Dodgers purchases.) So much for the “dried up” language I used in that article. (This is why I usually stick to my “Entertainment Nuance Guy” tone in articles...) I went off old information—from April, when I read/heard about the NBA downplaying expansion efforts—instead of doing a quick double-check for new news. That said...if you read the article, the market for Seattle is “slow”, with just one reported bidder. So I wasn’t entirely off. This goof has annoyed me since I first published it, mainly because it undercut that article’s real point, which I stand by: NBA franchises are really overvalued right now. Now, I get why NBA teams are overvalued. When it comes to owning sports teams, it’s basically never wrong to assume that some rich person somewhere will care more about owning a team (or just being part of a group since they’re so expensive) than the actual financials. There are only so many teams to own, and opportunities to buy in preferred markets don’t come along very often. This explains why the teams sell for such high multiples (usually above a 10 to 12.5 revenue multiple, which is very high). You only need one person to overpay! Beyond the ultra-wealthy luxury good explanation, I worry NBA teams are becoming speculative assets. More and more private equity investors are buying into NBA teams. But the value, in owning a team, comes from selling it later, not any meaningful relationship to revenue or profit growth. In other words, the newer NBA owners are increasingly expecting someone later to buy their inflated asset. That’s not sound economics; that’s the “greater fool” theory at work.2 At some point, actually making money has to matter. Especially since revenue growth is now below the growth of the stock market. (And this matters because the NBA doesn’t have easy levers to pull to drastically lower their costs—half of their revenue has to go to players and then you actually have to run a team, including coaching, training, travel, media expenses, and more—or raise revenues aside from one-off expansions in America and overseas.) I just don’t see how investors make their money back buying NBA teams, except for selling at a higher price later on down the line. But if revenue/profit growth continues to slow, at some point, someone will be left holding the bag. RIGHT: Baseball and Basketball are about equally popular. Related to the above, I wanted to cite two quick pieces of evidence for one of my other theories: that the NBA and MLB are about as popular as each other, but the NBA gets much, much better media coverage. One YouGov survey has that fans prefer basketball to baseball by 52% to 48%, which I’m guessing is within the margin of error for that poll. That’s virtually even, meaning they’re about the same popularity. Over on NBC, a recent Red Sox-Yankees game averaged 4 million viewers, higher than Sunday Night Basketball’s average of 3.4 million on the same network. A Yankees-Dodgers game averaged 3.9 million two weeks ago. Not every game averages this much, but it shows you that baseball isn’t far off from basketball, depending on the matchup. Altogether, the NBA is just slightly more popular than baseball, but NBC is paying MLB a fraction of what they pay the NBA, a point I’ve made before. RIGHT: Angel, MUBI and Neon Updates... I’ve long been skeptical about many of Hollywood’s buzziest startups/smaller indie studios. It’s not that they don’t make great movies—films like Anora and Everything Everywhere All at Once are amazing—or that they’re not (rightfully) pushing the majors to make better films, but...they get a ton of hype, and that hype often doesn’t live up to the reality or difficulty in scaling up. Starting with MUBI, well, The Wall Street Journal wrote a feature on MUBI’s struggles last April, best summarized by the subheader “After Sequoia valued Mubi at $1 billion, a left-wing revolt sent the indie film company into a tailspin”. MUBI lost $7.3 million on $200 million in revenue in Q4 2025, but reportedly hit a record 1.7 million subscribers at the end of Q1. As for Neon, Department M purchased a “significant stake” in the company earlier this year. How much is that “stake” worth? According to Deadline, “No financial figures for the Neon-Department M deal were disclosed.” So...that’s not great! If it was a big valuation, we’d hear about. Also, I found this curious: “Both Neon and Department M already have separate partnerships with Qatar. The Qatar Film Committee has a slate deal in place with the former, and a biopic production pact with the latter.” Color me skeptical about much Middle Eastern investment dollars. See: LIV Golf. Finally, as for Angel (formerly Angel Studios), their stock very, very slightly popped last month after Young Washington ($20 million budget) which made $45 million in the US, but their stock is still way down from its opening. Smaller Updates RIGHT: The WGA should focus on antitrust concerns! I’ve been on this for years. Post-WGA/AMTPT deal in 2023, I wrote an article for the Ankler calling on the WGA to focus and organize against industry consolidation. Sure enough, the WGA filed a lawsuit against the Paramount-WBD merger, and people are organizing around this issue now. I wish this energy had coalesced earlier (specifically to lobby Washington much earlier), but better late than never! WRONG: Actually, the chip shortage might be due to market manipulation. In my last “Long Reads for the Long Summer” article, I shared an article about how LLMs are causing memory chip prices to spike, which will make all electronics more expensive. Well, turns out, three RAM manufacturers control 90% of the market, and now a private lawsuit accuses them of price-fixing. So yeah. WRONG/UPDATE: The Odyssey will hold! Two weeks ago, I wrote, “As of this moment, we haven’t had a super-blockbuster, though The Odyssey, Spider-Man: Brand New Day and Avengers: Doomsday could all cross the $500 million mark. (At this point, The Odyssey would need a very strong hold to get there.)” Well, it’s safe to say it’s going to have that hold! It only dropped 30% in weekend two and IMAX screenings are sold out all month. Spider-Man: Brand New Day is also off to a great start. RIGHT: People are rushing to get shows out yearly. I’ve long been bullish on yearly, weekly-released shows, and Leslie Goldberg at The Ankler wrote about how many people in town are now listening. WRONG: Mark Carney reverses Canada’s stance on homegrown production. After writing about Canada installing domestic production quotas, Canada has backed off. WRONG: I don’t trust Spider-Man: Brand New Day’s online “views”. When I originally wrote about the latest Spider-Man film’s record-breaking trailer, I thought this was just YouTube views, but after watching this Corridor Crew video and doing more research, well, it’s all social views of the trailer globally. Really? That stat includes TikTok, Reels and YouTube Shorts views. Basically, I don’t trust it anymore. (This film will probably set record, but I trust the pre-sales data more.) RIGHT: Celebrity Production companies are still struggling. I’ve written about this for years, but the company that I didn’t track was Kevin Hart’s HartBeat, which was valued at $650 million but is struggling now and might just end soon, especially after Kevin Hart pulled his endorsement deals. And Bad Robot is moving to NYC. CORRECTION: SpongeBob is a “second run” title. In my 2025 recap article, I had _SpongeBob SquarePants_labelled as a “library” title, when it is still a “second run” show, with new episodes still coming out on Nickelodeon. CORRECTION: In my last “What I Got Right, What I Got Wrong” update, I offered a correction from Doug Creutz and misspelled TD Cowen. Thanks, Grammarly! 1 Though he could have increased prices to make up for the gap, he couldn’t have increased them that much. 2 There’s a theory, which I think that Daryl Morey created and Bill Simmons popularized, that, to be successful building your team, you only need a handful of bad GMs in the league to take advantage of. To be clear, Daryl Morey’s theory was also for signing bad contracts, that you could always get out of bad contracts. Basically, there’s always someone who will make a bad trade. It’s not the same exact thing, but similar enough to the Greater Fool Theory that I really like it.
Our favorite memories at the movies
As the box office heats up this summer, The Verge reflects on the magic of theaters
Next year’s iPhone Pro models will have larger screen sizes, per leak
Next year’s 20th anniversary iPhone Pro models could bring new, larger screen sizes per a reputable leaker.
Scott Eastwood explains what dad Clint Eastwood’s infamous clash with Kevin Costner on set taught him
Scott Eastwood learned something from the way dad Clint handled Kevin Costner not being on set on time while making their 1993 movie ‘A Perfect World.’
Longtime Health Educator, Internship Coordinator Named Maxwell Professor of Practice
Susan Coots brings expertise in family planning and reproductive health to her new faculty role, teaching and mentoring public health students.
‘The X-Files: I Want to Believe’ gets scarier, R-rated director’s cut: See the trailer (exclusive)
EW has the exclusive first look at the trailer for ‘The X-Files: I Want to Believe Vrach Frankenshteyn,’ which premieres Aug. 14 on Hulu.
DFO study updates science behind lobster management measures in parts of N.S., southern N.B.
Scientists at the Department of Fisheries and Oceans are reviewing potential scenarios if lobster stocks change in the waters off Nova Scotia and southern New Brunswick, including the effects of reducing season lengths and trap limits, altering size limits, and other measures.
Raiders’ Maxx Crosby Has Blunt Message for Fernando Mendoza
The Las Vegas Raiders are looking to be competitive this upcoming 2026 NFL season after a disastrous 2025 campaign under former head coach Pete Carroll. One of the new faces on the team is No. 1 pick Fernando Mendoza, and Maxx Crosby is already taking him under his wing.Despite both players being on opposite sides […] The post Raiders’ Maxx Crosby Has Blunt Message for Fernando Mendoza appeared first on HEAVY.
Trump raises concerns over campaign in call with Rep. Max Miller amid abuse allegations
Director Vincent Ward denies thinking Samantha Morton was Emily Watson on movie shoot: ‘Impossible’
Vincent Ward, the Kiwi director of 2005’s ‘River Queen,’ tells EW that it’s ‘impossible’ he could have confused his star, Samantha Morton, for Emily Watson on set, as Morton recently claimed.
Mary Rivera, Ned’s scene-stealing grandma in ‘Spider-Man: No Way Home,’ dies at 82
‘Spider-Man: No Way Home’ actress Mary Rivera, who shared a memorable scene with Andrew Garfield, has died.
Galaxy S27 Ultra camera tech might save it from iPhone 18 Pro Max's fate
Samsung will reportedly slim down all Galaxy S27 Ultra cameras.
‘No current plans’ for Rosie O’Donnell to return for ‘The View’ season 30, source says
A source has refuted Rosie O’Donnell’s claim that she will return to ‘The View’ for season 30 alongside ‘all’ past cohosts, with EW learning that there are ‘no current plans’ for her to come back.
Ukraine uses business principles to maximize Russia’s casualties and economic costs, potentially crushing its will to keep fighting, RAND says
Ukraine has KPIs for the military—just like corporations, which use them to track output from employees or subsidiaries.
Upcoming Science Cafe
BAR HARBOR—Join us for a fascinating Science Cafe with environmental toxicologist Nishad Jayasundara, Ph.D., as he explores how everyday contaminants and other stressors such as heat exposure may be quietly influencing kidney health. Chronic kidney disease (CKD) affects nearly 1 in 7 adults in the United States—and more than 840 million people worldwide. While factors like diet and genetics are well known, scientists are increasingly uncovering another important piece of the puzzle: environmental exposure. Drawing on his team’s research, Dr. Jayasundara, Maine INBRE alum as a College of the Atlantic undergraduate student and past MDI Bio Lab Visiting Scientist, will share how early-life exposure to environmental toxins can disrupt kidney development, and may affect kidney structure and function in adults. Blending cutting-edge research with real-world relevance, this Science Cafe will shed light on an important and often overlooked contributor to human health—and what it could mean for communities around the world. Monday, August 17, 2026 at 5 p.m.Hybrid event at Maren Auditorium and via Zoom Register Now What Are Science Cafes? MDI Bio Lab’s Science Cafes provide an informal introduction to ground-breaking biomedical research by its scientists, scholars from near and far and from local experts in other fields as well. Each Cafe lasts about one hour; the floor is open for questions and discussion. It can get lively and it’s always engaging. MDI Science Cafes are open to the public and free of charge. For more information, or to watch past events, visit our website. The MDI Science Cafe Series is brought to you by Cross Insurance. Subscribe Share Leave a comment
‘The Odyssey’ star Samantha Morton was sad to be replaced by Scarlett Johansson in ‘Her’
Samantha Morton is reflecting on being replaced by Scarlett Johansson as the voice of Samantha in ‘Her’: ‘It does hurt when you’re fired from something or before it.’
Max Miller Is Trying to Brush Off Domestic-Abuse Allegations
The Ohio congressman denies his ex-wife’s claims and says he’s still running for reelection. His former father-ln-law, Senator Moreno, condemned him.
Scott Eastwood reveals what he said to Shia LaBeouf during onset fight
Scott Eastwood detailed a tense ‘incident’ that occurred with Shia LaBeouf while filming the 2014 World War II movie ‘Fury.’
Spider-Man and The Odyssey are splitting up IMAX screens after a record-breaking weekend
IMAX is having a good run.
New leaks cover iPhone Ultra timing, iPhone Pro’s design next year
New leaks have just been shared on when to expect iPhone Ultra, and the unique design of next year’s 20th anniversary iPhone models.
Debt Digest | Federal Debt is a Health Care Problem
Welcome David Ditch to the Debt Dispatch! We are pleased to announce a new regular contributor: David Ditch will be joining the Cato Institute as a Policy Analyst for Budget and Entitlement Policy later this week. David has more than a decade of experience in fiscal policy issues, with a particular focus on federal spending. He previously worked at the Senate Budget Committee, the Heritage Foundation, and the Economic Policy Innovation Center. David’s areas of expertise include appropriations, transportation, agriculture, federalism, grantmaking, and policy options for deficit reduction. Originally from the Rochester, N.Y. area, David has a BA in Economics and Political Science from the University of Rochester and a MA in Political Management from George Washington University. David currently lives in Arlington, VA. You may have enjoyed his earlier guest posts: CBO: New Highway Bill Has More Spending, Taxes, and Deficits Trump Administration’s Proposed Changes to Federal Grants Highlight Problems of Big Government Here are this week’s reading links and fiscal facts: The federal debt is largely a health care problem. In a new report, the Congressional Budget Office and Joint Committee on Taxation find that “In 2026, federal subsidies for health insurance, net of related payments to the government, are projected to equal $2.4 trillion, or 7.4 percent of gross domestic product (GDP). In CBO and JCT’s projections, those subsidies grow by 65 percent, reaching $3.9 trillion, or 8.4 percent of GDP, in 2036. Subsidies for Medicare contribute most to that overall growth, increasing by $900 billion. Over the entire 2026–2036 period, federal subsidies for health insurance total $33.6 trillion.” Cato’s Michael Cannon emphasizes, “The long-term federal debt problem is a health care problem. […] Only two categories of federal outlays will grow faster than gross domestic product (GDP): health care subsidies and interest payments on the debt. The former is, therefore, the primary driver of the latter.” The bond market fears deficits, not the loss of tariff revenue. Responding to a New York Times essay claiming tariff revenue has grown too important for a future administration to unwind, Cato’s Kyle Handley argues: “Bond investors are not attached to customs duties as a line item revenue source. They care about the government’s overall fiscal position.” He continues, “tariff revenue is a side hustle. And the Trump administration has already promised to dole out the funds through schemes like tariff dividend rebates, farm subsidies, and pay-fors on tax cuts or other spending.” Furthermore, “tariff revenue is simply not large enough to transform the government’s fiscal trajectory.” Take net interest for example: it “reached $970 billion in fiscal year 2025, absorbing 18.5 percent of federal receipts. Customs duties accounted for only 3.7 percent of receipts—and that was before refunds (see Figure 2).” Handley concludes, “The real bond-market concern is a large and growing interest bill, persistent budget deficits, and a political system unwilling to bring spending and revenue into alignment.” Medicare’s spending growth is driven by more volume and utilization. A Congressional Research Service report finds that Medicare spending “grew at an average annual rate of 7.3%” from 1985 through 2025, and the trustees project health care expenditures will keep rising “faster than gross domestic product (GDP) in most future years.” Citing CBO, the report attributes Medicare’s projected 2026–2036 spending growth to “23% from higher enrollment, 31% from inflation, and 47% from the growth of inflation-adjusted spending per beneficiary. In other words**, the largest single driver of Medicare spending growth during the next decade is expected to be higher volume and intensity of health care services.”** Boccia and Thakur explain: “as the economy grows, Medicare spending tends to grow at least as fast—and often faster—because the program automatically pays the bill for more and more healthcare consumption by seniors, even as prices rise.” The Fed has little control over market interest rates. Cato’s Jai Kedia documents that the Fed has held its rate target steady since December, yet “nearly every rate Americans actually borrow at has climbed over the same stretch.” Kedia continues, “The Fed did nothing, and the cost of credit went up anyway. […] Markets spent these months repricing macroeconomic events such as sticky core inflation, a volatile energy market driven by the conflict in the Middle East, and global trade disrupted by tariffs, among others. None of that required a policy change to show up in borrowing costs because markets, not the FOMC, set prices.” He concludes, “Accurately priced borrowing rates will come from credible disinflation and disciplined budgets and from a Fed content to follow the economy rather than pretend it leads it.” Nearly half of US farm income comes from taxpayers. Former Reagan OMB director David Stockman notes that “in the most recently completed full year (FY 2025) farmer incomes in the US totaled $97.8 billion, but fully 42.7% or $41.8 billion of that amount came from taxpayers, not the marketplace. Nor is this some kind of one-year aberration. If we look at the most recent decade as a whole, total farm income posted at nearly $708 billion, but, as indicated, fully $322 billion or 45% of this came compliments of US taxpayers.” Cato’s Chris Edwards explains why so little of that income is market-earned: “Farmers are businesspeople, but the government shields them from just about every type of weather and market risk. Furthermore, just about every part of the agricultural industry is subsidized, including insurance, loans, marketing, research, export sales, and land improvements.” The Debt Dispatch is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Subscribe
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