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New York pension fund closes fiscal year at record high
The fund’s long-term expected rate of return is 5.9%, the comptroller said.
Why Rangers could target Mavrik Bourque this offseason
This is an extremely important offseason for the New York Rangers. After missing the Stanley Cup Playoffs two seasons in […]
E11EVEN Expands Its Signature Entertainment Experience Across Miami, Toronto, and New York During this Summer's Fútbol Tournament
Globally recognized for redefining nightlife through its one-of-a-kind 24/7 ultraclub format, E11EVEN Miami will expand its cultural footprint this summer with a multi-city entertainment initiative during the World Cup. The brand will activate in Miami, Toronto, and New York with a series of match screenings and parties from June 11 through July 19.
E11EVEN Expands Its Signature Entertainment Experience Across Miami, Toronto, and New York During this Summer's Fútbol Tournament
/PRNewswire/ -- Globally recognized for redefining nightlife through its one-of-a-kind 24/7 ultraclub format, E11EVEN Miami will expand its cultural footprint...
James Murdoch buys NY Mag, Vox podcasts: staff memo
James Murdoch's company is acquiring New York magazine, the Vox Media Podcast Network, and Vox. Read the memo from Vox CEO Jim Bankoff about the sale.
News industry scion James Murdoch buys New York magazine and Vox
Other Vox titles, including Eater, Popsugar, SB Nation, the Dodo, and the Verge, are not included in the transaction. They will make up a second, independent company under a new name.
Tribeca Film Festival to kick off June 3 with huge lineup of films, talks and more
New York City’s film community is gearing up for the return of the Tribeca Film Festival, which is celebrating its 25th anniversary this year.
Knicks stun Cavaliers with 22-point comeback
The New York Knicks mount their biggest play-off comeback to beat the Cleveland Cavaliers in game one of the NBA Eastern Conference finals.
McMahon, Rice power Yankees to win over Blue Jays
Another day, another New York nailbiter.
Sen. Gillibrand of New York Clashes With Sean Duffy Over Funding Freeze
Senator Kirsten Gillibrand, Democrat of New York, criticized the transportation secretary, Sean Duffy, for posting a video that bragged about withholding money from the state.
States sue over new student loan limits on certain nursing and healthcare degrees
New York, Arizona, North Carolina, Kentucky and Nevada are among the states challenging a rule that limits federal student loans for graduate degrees in nursing, physical therapy and more.
Trump to join Rep. Mike Lawler for economic event Friday in Rockland County
Lawler represents New York's 17th Congressional District.
Data center politics and Kirk Bangstad’s attention-seeking run for governor (with Emily Mills!)
Dan Shafer is a journalist from Milwaukee who writes and publishes The Recombobulation Area. In 2024, he and the publication joined Civic Media, where he is currently a Contributing Editor. He’s written for The New York Times, The Daily Beast, Heartland Signal, Belt Magazine, WisPolitics, and Milwaukee Record. He previously worked at Seattle Magazine, Seattle […]
Giants' Jaxson Dart intends to balance caution, aggression in 2026
New York Giants QB Jaxson Dart knows he must stay on the field, but remains intend on being aggressive in big moments.
Dudamel on his life as he prepares to leave L.A. Phil for New York
As Gustavo Dudamel begins his final weeks in Walt Disney Concert Hall as L.A. Phil music director, he talks about what lies ahead and how he got there.
Hochul resists pressure to intervene as 450K NYers prepare to lose public health insurance
New York GOP members of Congress "own" the healthcare cuts tied to the coverage losses, a Hochul spokesperson said.
Business Valuation in Divorce: Judicial Discretion Reigns
Alan Feigenbaum discusses how a recent New York divorce case involving the valuation of a family-owned construction business underscores the broad discretion courts have in determining business value and the importance of expert credibility and “economic reality” in equitable distribution disputes.
The women leaving the 'New Right'
Defectors from the ‘New Right’ say that sexism is a feature, not a bug of modern-day conservatism.New York Magazine’s Sam Adler-Bell published The Young Women Leaving the New Right, detailing the experiences of conservative women who say that rampant misogyny within the space is pushing them out of a community they helped build. From demanding that women stay home and out of public life to advocating for the repeal of civil rights law - some conservative women have reached their limit. But host Brittany Luse wonders: will this change of heart stick in the voting booths? Or is this just more of the same?To answer that question, Brittany is joined by Editor at Large of the 19th and NABJ President, Errin Haines. Errin helps unpack the link between the ‘new’ and ‘old’ right, white women checkered political history, and how searching for community can sometimes lead people down dark paths. Want more about women and politics? Check out these episodes:Progressive women have 'had it!' And they're fighting back.The political power of Gen Z womenEnough is enough. Is it time to leave America?Support Public Media. Join NPR Plus.Follow Brittany on Instagram: @bmluseFor handpicked podcast recommendations every week, subscribe to NPR’s Pod Club newsletter at npr.org/podclub.
New Health Law Section Chair Jim Dering Wants To Hear From You - New York State Bar Association
Jim Dering plans on getting on feedback from members as he starts his term as the new chair of the Health Law Section. “To work with the Health Law Section’s other officers and Executive Committee, as well as others, in continuing to advance the section’s efforts to best serve existing members and attract new ones,”
Fund Drive Special Programming: Disinformation, Political Manipulation, Identity Politics, and the Growing threats facing American Democracy
Host Davey D welcomed Jamelle Bouie to Hard Knock Radio for an in depth conversation about disinformation, political manipulation, identity politics, and the growing threats facing American democracy. Bouie, one of the nation’s most prominent political commentators, is a columnist for The New York Times and is widely known for connecting current political events to … Continued
Ask Pinstripe Alley: Yankees mailbag questions request
A lot went wrong for New York in a week’s span. What can they do about it?
From The Sports Desk: The NBA’s Final Four is here
The Cleveland Cavaliers will play the New York Knicks in the East, and the San Antonio Spurs will play the Oklahoma City Thunder in the West. Here’s what you need to know.
MoMI announces the 2026 season of 'Open Worlds: Science' Programs
With themes ranging from walking for brain health, infinity day, NYC wildlife, and more May–October 2026 Astoria, New York, May 18, 2026 — The wildlife of New York City, walking and brain health, the nature of infinity, and alien encounters are some of the subjects explored in the second season of Open Worlds: Science, science-focused programs presented as part of Museum of the Moving Image (MoMI)’s free Open Worlds initiative. Running through October, Open Worlds: Science features scientist-led talks, screenings, and hands-on activities that all relate to science and the moving image to help illuminate and excite visitors of all ages about the ways science affects daily life.
NYC Health and Hospitals says hackers stole medical data and fingerprints during breach affecting at least 1.8 million people
The New York public healthcare system said hackers stole personal and medical data, and scans of biometrics — including fingerprints — in one of the largest recorded breaches of 2026.
The Entertainment Report: Ella Langley, Willie Nelson, and ‘Jack Ryan’
Cindy Pearlman Gaber, senior writer for the New York Times and entertainment columnist for the Las Vegas Review-Journal, joins Bob Sirott to talk about Ella Langley’s big night at the CMAs, t…
Visited coastal Connecticut town that's better than the Hamptons: Madison
Madison, Connecticut, is easy to get to from New York City and has nice beaches and as many things to do as the Hamptons, just with fewer crowds.
Family fun for less: Simple travel and entertainment savings tips for summer
NEW YORK CITY (PIX11) — Beat the high cost of summer with these savvy savings strategies.
Trump’s Approval Sinks Amid Unpopular War, Darkening G.O.P. Prospects
With the midterms nearing, President Trump’s approval rating has hit a second-term low as voters question his handling of the economy, according to the latest New York Times/Siena poll.
Bluffton sandwich shop named Palmetto State’s Small Business of the Year
A Bluffton sandwich shop was named South Carolina’s small business of the year. Opened 23 years ago, the local institution is known for its New York-style sandwiches.
David Bednar Stat is Very Concerning for Yankees' Future
It's been an ugly past week or so for the New York Yankees, a very concerning sign for a team that was one of the best in Major League Baseball prior to this. Now sitting at 28-19, the Yankees are 3-7 over their last 10 games and are three games behind the first-place Tampa Bay Rays in the American League East.
Volpe Brings Style to the Bronx
With the New York Yankees & Anthony Volpe, Charles Tyrwhitt is bringing its decades-long playbook to one of sports’ biggest stages.
Cleveland Cavaliers eliminate top-seeded Detroit from NBA playoffs
The Cleveland Cavaliers eliminated top-seeded Detroit from the NBA playoffs Sunday, dominating a decisive game seven 125-94, and will face the New York Knicks in the Eastern Conference finals.But it was heartbreak for Detroit, who comfortably topped their conference's regular season at 60-22, yet underwhelmed throughout their stuttering playoff run, and finally fizzled out in front of their home fans.
Cavaliers crush Pistons to reach conference finals: Instant takeaways
The Cleveland Cavaliers dominated the top-seeded Pistons in Detroit in Game 7 of their playoff series and will meet the New York Knicks next.
Cavs dominate Game 7, punch ticket to Eastern Conference Finals
The Cavs hammered Detroit and secured a rematch with New York.
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.
Game #46 GameThread: Jays @ Tigers
Game Three with the Tigers and then the Jays head off for four games in New York against the Yankees. And Adam Macko is up with the team. He told reporters that he rushed around to buy ‘collared shirts’ to wear on the team bus, saying that he only had hoodies. It seems that I’ve […]
Knicks Bulletin: ‘I just try to look at the positives’
Nothing better than a Game 7, amirite? Actually, there’s something even better about today’s matchup, as the Knicks aren’t involved and will be just enjoying the bloodbath from afar! Here’s the latest from Tarrytown as New York patiently waits to know its ECF foe. Mike Brown On supporting Mikal Bridges amid benching questions: “I was […]
Surprising things about Phoenix from a New Yorker
I took a weeklong trip to Phoenix. During my first visit, I was surprised by the weather, sunsets, and scenic drives.
Steven Soderbergh used AI in a documentary about John Lennon. And he wants to talk about it
The day John Lennon was shot in 1980, he and Yoko Ono gave an interview to a San Francisco radio crew from their home in New York’s Dakota Apartments | WWJ Newsradio 950
Steven Soderbergh used AI in a documentary about John Lennon. And he wants to talk about it
The day John Lennon was shot in 1980, he and Yoko Ono gave an interview to a San Francisco radio crew from their home in New York’s Dakota Apartments | Talk 1370
Steven Soderbergh used AI in a documentary about John Lennon. And he wants to talk about it
The day John Lennon was shot in 1980, he and Yoko Ono gave an interview to a San Francisco radio crew from their home in New York’s Dakota Apartments.
Knicks Bulletin: ‘The humble warrior’
We’ve reached a point where you can say the Cavs and the Pistons are doing this on purpose to prevent Knicks fans from enjoying New York basketball. But hey, seven games on their legs? Can’t complain! We’re the latest four days and a few hours from the ECF Game 1 tip-off. Finally. Mike Brown On […]
Mets' Juan Soto Shares Injury Update After Yankees Game
New York Mets outfielder Juan Soto had some injury news to share after a loss to the New York Yankees.
After college, I failed to land a NYC job and became a barista
My dream is to live in New York City and work as a journalist, but there are no entry-level jobs, so I'm forced to be a barista. But I won't give up.
What to know about Harvey Weinstein's cases after his recent mistrial
NEW YORK (AP) — A New York judge declared a mistrial Friday in Harvey Weinstein ’s rape case from the #MeToo-era that has gone to trial three times so far
Gotham FC’s potential New York City move could be a win for everyone
Gotham will spend the summer away from Sports Illustrated Stadium while their home venue hosts men's 2026 World Cup watch parties.
New York Jets Flight Connections 05/16/26
Happy Saturday, Jets fans! Here are today’s links to help you kick off your weekend. NY Jets – What Is Your Biggest Takeaway From the Jets Schedule? Antwan Staley – After Jets’ primetime shutout, NFL VP points to flex scheduling as possibility Brian Costello – The NFL isn’t doing the Jets any favors with their […]
An Upper West Side Primary Presents a Test of Judaism and Politics
Stephanie Ruskay is seeking to become the first female rabbi to be elected to state office in New York, but the race may hinge on whether voters find her progressive enough.
New York doctor who survived Ebola says he fears for healthcare workers treating the virus
NYC business owners oppose Mamdani’s city-run grocery stores: ‘It’s a concern’
Multicultural Business Coalition chairman Frank Garcia assesses New York City Mayor Zohran Mamdani’s plan to open city-owned grocery stores on ‘The Bottom Line.’
What to know about the mistrial in Harvey Weinstein’s rape retrial
A New York has declared a mistrial in Harvey Weinstein’s rape case from the #MeToo-era that has gone to trial three times so far after a jury was unable to
What to know about the mistrial in Harvey Weinstein’s rape retrial
A New York has declared a mistrial in Harvey Weinstein’s rape case from the #MeToo-era that has gone to trial three times so far after a jury was unable to come to a unanimous decision | Talk 1370
What to know about the mistrial in Harvey Weinstein’s rape retrial
A New York has declared a mistrial in Harvey Weinstein’s rape case from the #MeToo-era that has gone to trial three times so far after a jury was unable to
Yankees Lose Max Fried to IL
The New York Yankees will be without their ace starter for a while.
CDC Didn’t Tell New York About Resident on Hantavirus-Plagued Cruise
There’s no indication that the New Yorker was returning to the U.S. But public health experts said the city and state still should have been informed.
Connecticut health officials warn of hepatitis A outbreak linked to shellfish
The Connecticut Department of Public Health warned residents about a hepatitis A outbreak in New York that has been linked to shellfish.
NYC restaurateur accuses city officials of bombarding small businesses with red tape
NYC restaurateur Stratis Morfogen joins ‘Varney & Co.’ to sound off on mounting red tape delaying outdoor dining permits and warn how socialist-backed policies could hurt small businesses across New York City.
NYU's Joshua Tucker on the politics of training AI
Joshua Tucker, New York University Center for Social Media & Politics co-director, joins 'Squawk Box' to discuss details of the university's new research showing that AI chatbots generate more government-friendly responses when prompted in languages tied to countries with tighter media controls, the intersection of politics and AI, and more.
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
4 Wild Details From the NYT’s Jack Schlossberg Report
The New York Times published a detailed and unflattering account of Schlossberg’s congressional bid, claims that the political scion says aren’t true.
New York lawmakers pass 12th state budget extender that runs though May 18
The state budget was due on April 1.
Can Rangers turn Pavel Dorofeyev dream into summer reality?
Let’s start with this: there’s almost zero chance the New York Rangers acquire Pavel Dorofeyev this offseason. The Vegas Golden
Yankees urged to trade for Giants' 5.18 ERA veteran after Max Fried's elbow injury
New York's depth will be tested.
I'm not worried about my kids in big cities
My kids moved to cities like New York and Chicago. I'm calm because I spent years teaching them independence.
AMNH Presents For the Win: Objects of Sports Excellence
New York, N.Y. - On May 15, the American Museum of Natural History will open For the Win: Objects of Sports Excellence , a special exhibition that celebrates the artistry, history, and cultural impact of the world’s most coveted athletic prizes. The exhibition will open in the Melissa and Keith Meister Gallery, part of the Museum’s Allison and Roberto Mignone Halls of Gems and Minerals, and will showcase more than 70 championship rings, trophies, medals, and jewelry spanning nearly 150 years of sports history. For the Win opens in advance of FIFA World Cup 2026™ and kicks off World Cup, World Cultures: Celebrating the Community and Science of Sport, a series of programs and experiences at the Museum for New Yorkers and visiting fans from around the world.
New York Giants will not play on Thanksgiving in 2026
The New York Giants will not play on Thanksgiving Eve or Thanksgiving Day in 2026.
TRACY McGRADY’S ONES BASKETBALL LEAGUE JOINS FUBO SPORTS NETWORK PROGRAMMING LINEUP IN FIRST STREAMING AGREEMENT
“OBL: Battle of The Cities” one-on-one competition to stream summer season from Orlando, Florida starting on Friday, May 15 NEW YORK – MAY 14, 2026 – Tracy McGrady’s Ones Basketball League and FuboTV Inc. (NYSE: FUBO) today announced an agreement to stream this summer’s “OBL:
Seaport Entertainment Group and the Team Behind Public Records Announce Partnership to Open New Project in New York City’s Seaport Neighborhood
NEW YORK, May 14, 2026--Seaport Entertainment Group (NYSE: SEG) today announced a partnership with Public Service, the organization behind Public Records, to develop a new project in the Seaport in Lower Manhattan. The restaurant concept, which will involve the revitalization of a historic building, is expected to open in 2027. This addition brings an exciting new dimension to one of the most iconic waterfront neighborhoods in New York City.
Cam Ward to Appear in Netflix's Quarterback Season 3
Cam Ward of the Tennessee Titans is in the middle of the offseason preparing for the 2026 NFL season. After being selected No. 1 overall by Tennessee in the 2025 NFL Draft, Ward played admirably for the Titans during his rookie season. The 6-foot-2 quarterback showed his toughness last season, appearing in all 17 games despite tying Geno Smith of the New York Jets as the NFL’s most-sacked quarterback (55).
Ted Cruz and Alexandria Ocasio-Cortez trade jabs over billionaires
The Texas Republican and New York Democrat are leading members of their respective parties, with each viewed as a potential 2028 presidential contender.
The Heart of Entertainment: Canadians are Choosing YouTube More Than Ever
Last night we hosted Brandcast, YouTube’s annual Upfront event in New York City. The event showcased YouTube’s role as the epicentre of culture, announced exciting new p…
Giuliani returns to his show after viral pneumonia hospitalization
Former New York City Mayor Rudy Giuliani has returned to his show after being hospitalized for viral pneumonia.
GOP Rep. Mike Lawler blasts ‘disgusting’ comments from Sen. Rand Paul’s son
New York Republican Rep. Mike Lawler told reporters Wednesday that a Senate colleague’s son verbally accosted him the night before, making antisemitic and homophobic remarks.
What health experts say are the growing issues for families across Central New York
SYRACUSE, N.Y. (WSYR-TV) — Several community health partners and organizations from across Central New York joined together Wednesday at Upstate Medical University to discuss the work they can do t…
Islanders star Matthew Schaefer’s emotional reaction to winning Calder Trophy
Surprisingly absolutely no one, New York Islanders rookie sensation Matthew Schaefer is the recipient of the 2025-26 Calder Trophy.
Islanders Matthew Schaefer Wins Calder Trophy
The 18-year-old phenom makes NHL history as the youngest rookie ever to claim the award, shattering records with a dominant 59-point season on the New York blue line.
42-year-old former urban planner chased her dessert-making dreams—her ice cream business brings in $2.8 million a year
Malai founder Pooja Bavishi used to sell ice cream with flavors like masala chai at outdoor markets in New York. Now, the company brings in $2.8 million a year.
New York’s Most Powerful Entertainment Attorneys 2026
Celebrities, studios and criminal minds alike turn to the Big Apple’s top legal eagles — for profit or proof of innocence.
Trump administration freezes new Medicare enrollments for hospice and home health agencies
NEW YORK (AP) — The Trump administration said Wednesday it is expanding its sweeping fraud-busting initiative in federal health programs with a nationwide six-month freeze on any new Medicare enrollments by hospice and home health agencies.
Where to watch New York Yankees vs Baltimore Orioles: TV channel, start time, streaming for
Here's how to watch Wednesday's Baltimore Orioles vs New York Yankees game, including start times, TV channels, scores and how to stream.
NY Real Estate, Business Groups Lobby to Defang Second Home Tax
New York’s real estate and business communities are viewing a proposed tax on second homes as the first step in a multi-year push to raise taxes on wealthy residents.
Tanninger Entertainment's latest production earns eight Tony nominations
NEW YORK — Tanninger Entertainment notches another win as its latest production secures eight Tony nominations.
Portland Fire Secure First Franchise Win With Dramatic Buzzer-Beater
Portland Fire have officially entered the WNBA win column. See how the expansion team pulled off a shocking last-second upset against New York Liberty.
New York leaders for and against federal gas tax holiday
President Trump says he’s considering a federal gas tax holiday which would shave off 18 cents per gallon, but he’ll need approval from Congress to do it.
New York hospital system receives subpoena over trans youth healthcare
Request is one of the justice department’s latest attempts to track and regulate gender-affirming care for minors
NYDFS Ramps Up Health Care Cybersecurity Enforcement With $2.25 Million Settlement
On April 29, 2026, the New York Department of Financial Services (NYDFS) announced the finalization of a $2.25 million settlement with Delta Dental of New York and Delta Dental Insurance Co.,…
TKO AND ARIZONA SPORTS & EVENTS ALLIANCE ANNOUNCE LANDMARK AGREEMENT TO BRING MARQUEE UFC, WWE, PBR, AND ZUFFA BOXING EVENTS TO ARIZONA
PHOENIX, ARIZ. and NEW YORK, NY – May 12, 2026 – TKO Group Holdings, Inc. (NYSE: TKO), together with the Arizona Sports & Events Alliance, today announced a multi-year agreement that will stage a series of premier UFC, WWE, PBR, and Zuffa Boxing events in Arizona.The seven-event agreement will span three years and feature some of TKO’s most high-profile live events, creating new opportunities for fans to experience UFC, WWE, PBR, and Zuffa Boxing events in one of the country’s leading sports and entertainment markets.
New York Giants: Answering Biggest Offseason Questions
How important is it for John Harbaugh to fix the culture? The Giants are 55-109 over the last 10 years — only the lowly New York Jets are worse over that period. Enter Harbaugh, who has a Super Bowl win of his own after 18 years as the Baltimore Ravens head coach.
Meet the new women’s sports magazine that wants you to step away from the algorithm
Snatch Magazine, born from a New York apartment by artist Sophia Mitropoulos, released its second issue in March.
76ers’ Tyrese Maxey makes Knicks admission that shows why New York has the best fans in the NBA
Maxey all but said it.
NYT's Wordle is getting an NBC TV show
The New York Times is getting involved with primetime entertainment on a major broadcast network for the first time.
Bill Nye the Science Guy receives brand-new wax figure at Madame Tussauds New York
Everything to know about the 'Fourth Wing' series coming to Prime Video
Amazon MGM Studios is developing a series adaptation of the 'New York Times' best-selling fantasy novels by Rebecca Yarros.
New York Yankees @ Baltimore Orioles: Ryan Weathers vs. Brandon Young
A new series kicks off in Baltimore as the Yanks look to shake off a weekend sweep.
'It's a chemistry thing:' Behind the Knicks' staggering playoff stretch that has New York dreaming big
Stonepeak to Acquire BMO Transportation and Vendor Finance
NEW YORK & TORONTO – May 11, 2026 – Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and BMO Financial
Friends, frenemies and enemies in New York politics -
Tusk Strategies Partner Shontell Plummer discusses uneasy alliances in Planet Albany and how Democrats should approach mid-decade redistricting in New York.
A new $250,000 prize aims to spotlight those bringing American history to life
The New York Historical has launched a $250,000 prize to honor those who help the public better understand the past | Newsradio 1140 WRVA
A new $250,000 prize aims to spotlight those bringing American history to life
The New York Historical has launched a $250,000 prize to honor those who help the public better understand the past | Talk 1370
A new $250,000 prize aims to spotlight those bringing American history to life
The New York Historical has launched a $250,000 prize to honor those who help the public better understand the past | WBEN