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Nominations Open for Annual NJBIA-NJ Business Magazine's 'Awards for Excellence'

New Jersey Business Magazine is now accepting nominations for the 2026 Awards for Excellence competition, powered by NJBIA, which recognizes outstanding businesses and their leaders who have improved New Jersey’s economic climate and quality of life. Awards will be given for Executive of the Year, Outstanding Employer, Community Service and Excellence in Disability Inclusion. Winners will be[...]

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May 18 • 1:21 PM EDT • Business • insidernj.com
Join us at Arte Américas on June 11 to talk about power in the Central Valley

How can the Central Valley grow its power in California? Join Fresnoland, Zocalo Public Square and local leaders to talk Fresno politics.

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May 18 • 1:13 PM EDT • Politics • fresnoland.org
Democratic leadership needs to stop with the Goldilocks politics

Despite the current political climate, Democrats are struggling to take a stand on important issues, leading to individual candidates rising in popularity by taking their own stands and calling for…

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May 18 • 1:00 PM EDT • Politics • thehill.com
Philippines launches VP Duterte impeachment trial amid political division

Senate court established despite following House leadership changes and a shootout.

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May 18 • 12:29 PM EDT • Politics • aljazeera.com
What to know about the political chaos engulfing the UK's Labour Party and efforts to unseat Starmer

LONDON (AP) — British Prime Minister Keir Starmer tried to strengthen his grip on office Monday, saying he was getting on with the job after taking blame for the Labour Party’s disastrous election results that have put his leadership in jeopardy.

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May 18 • 12:23 PM EDT • Politics • wral.com
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Dominican Republic: Global leadership in health requires domestic consistency and an end to racial discrimination

As it assumes the presidency of the world’s leading global health forum, President Abinader’s government has the responsibility to demonstrate that its international leadership translates into real guarantees, without racial discrimination.

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May 18 • 12:01 PM EDT • Health • amnesty.org
Ford Europe plans five new vehicles to turn around passenger business

Although it has leadership in commercial vehicles on the continent, the Blue Oval has struggled with market share in the retail space.

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May 18 • 11:50 AM EDT • Business • detroitnews.com
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Austin FC Parts Ways with Sporting Director Rodolfo Borrell and Head Coach Nico Estévez

Austin FC today announced that the Club has parted ways with Sporting Director Rodolfo Borrell and Head Coach Nico Estévez, effective immediately. The Club has begun searches for its next Sporting Director and Head Coach while implementing an interim leadership structure for Soccer Operations. Davy Arnaud has been appointed Interim

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May 18 • 11:10 AM EDT • Sports • austinfc.com
With potential split from CSC on the table, college sports leaders struggling to find solutions to money problems — 'The Big Ten and SEC should break away and do their own deal'
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May 18 • 10:44 AM EDT • Sports • sports.yahoo.com
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Northport considers new hotel fee agreement tied to River Run Park sports tourism

NORTHPORT, Ala. (WBMA) - Northport leaders are expected to consider a new hotel fee agreement Monday night tied to the city’s growing sports tourism efforts at

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May 18 • 9:26 AM EDT • Sports • abc3340.com
Bahamian public health leader Dr. Merceline Dahl-Regis receives WHO Global Health Leaders Award at 79th World Health Assembly

Geneva, Switzerland, 18 May 2026 (PAHO) — Dr. Merceline Dahl-Regis of The Bahamas was recognized today with the World Health Organization (WHO) Director-General’s Global Health Leaders Award during the High-Level Welcome of the Seventy-ninth World Health Assembly (WHA79), honoring her lifelong contribution to public health in the Americas and globally.

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May 18 • 9:13 AM EDT • Health • paho.org
Director-General presents Award for Global Health to four distinguished leaders

At the Seventy-ninth World Health Assembly in Geneva, WHO Director-General Dr Tedros Adhanom Ghebreyesus has presented four distinguished leaders with the Award for Global Health, recognizing their lifetime achievements and exceptional contributions to improving the health and well-being of communities worldwide.

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May 18 • 8:00 AM EDT • Health • who.int
Deepa Halaharvi, DO, Installed as OhioHealth Foundation Endowed Chair for Breast Health

OhioHealth proudly shares the appointment of Deepa Halaharvi, DO, as the inaugural holder of the OhioHealth Foundation Endowed Chair for Breast Health. Endowed chairs are honorary appointments by the OhioHealth Foundation which recognize distinguished service. Funds from this endowment will support breast health programs and services to improve ...

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May 18 • 7:57 AM EDT • Health • newsroom.ohiohealth.com
Target RWE and NoviSci Rebrand as Pedestal Health and Headwater Science

DURHAM, N.C., May 18, 2026--Target RWE and NoviSci, two leaders in evidence generation, today announced they will rebrand as Pedestal Health and Headwater Science. These two distinct companies will work to build a modern evidence-generation engine for life sciences organizations, navigating the most complex and consequential research challenges.

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May 18 • 7:00 AM EDT • Science • finance.yahoo.com
Why Teams Don’t Just Lose—They Change

Today’s guest column is from professors John Cairney and Rick Burton. With spring here, we thought we’d look at what sports leaders can learn from fishing—or more accurately, from a particular fish, a glass wall and what happens when the environment thwarts an organization’s best attempts to reach a goal To borrow from behavioral science, …

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May 18 • 7:00 AM EDT • Sports • sports.yahoo.com
Power Families of Chicago: Velasquez

With second-generation leaders in Azteca Foods and a history of philanthropy and civic activism in Pilsen, the Velasquez family is among Chicago's most powerful.

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May 18 • 6:30 AM EDT • Business • chicagobusiness.com
Allianz Partners names four senior leaders in health overhaul

Segment-led model gets fresh firepower as global and regional health roles are reshuffled at the top

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May 18 • 5:00 AM EDT • Health • insurancebusinessmag.com
Europe is paying to make itself sick – and the health bill proves it

Europe spends billions on fossil fuel subsidies while facing huge healthcare costs. Leaders must prioritize people and environmental sustainability.

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May 18 • 3:00 AM EDT • Health • weforum.org
Founder Leadership: 4 Key Business Lessons From The U.S. And Europe

From balancing ambition with discipline to jumping in, even when the market isn’t ready, founder leaders share their views on business success.

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May 18 • 3:00 AM EDT • Business • forbes.com
How the US Is Reshaping Europe’s Climate Ambitions

The EU-US climate relationship has evolved from a shared mission into a volatile cycle of leadership, retreat, and deep-seated friction.

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May 17 • 8:00 PM EDT • Politics • earth.org
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Crime increasingly a ‘serious barrier’ to UK growth, say business leaders

British Chambers of Commerce survey shows firms ‘are dealing with rising levels of theft, fraud and cyber-attacks’

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May 17 • 5:30 PM EDT • Business • theguardian.com
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Sames, local organizations recognized at Laredo Chamber awards

Evelyn Sames, Clear Choice Emergency Room and other local leaders were recognized during the Business Icons Awards in Laredo.

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May 17 • 11:31 AM EDT • Business • lmtonline.com
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Microsoft is rebuilding XBOX and Windows 11 while Surface collects dust

Xbox and Windows 11 are finally getting the leadership and fixes fans have asked for. Surface is still waiting for its turn.

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May 17 • 10:00 AM EDT • Technology • windowscentral.com
Mental Health Crisis? Why Leaders Must Listen First Before Assuming.

Stop fixing and start listening. Harvard’s Alexis Redding explains how authentic vulnerability and exploring the messy middle can transform your workplace culture.

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May 17 • 8:15 AM EDT • Health • forbes.com
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Sarri: ‘Serie A leaders know nothing about football’

Maurizio Sarri lashed out at the Lega Serie A after Roma vs. Lazio was scheduled for midday local time and clarified his threat to boycott the event. ‘They know nothing about football.’It kicks of...

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May 17 • 6:00 AM EDT • Sports • sports.yahoo.com
Once a darling of the GOP’s ‘Never Trump’ wing, this Republican decided he’s done

Former Maryland Gov. Larry Hogan (R) is launching a leadership institute at Washington College and says he's done with seeking political office.

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May 17 • 6:00 AM EDT • Politics • washingtonpost.com
Is another government shutdown looming? Here’s how GOP leaders want to avoid it.

Sen. John Kennedy has advanced a bill requiring senators’ pay be halted if they can’t agree to keep government funded.

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May 17 • 5:00 AM EDT • Politics • nola.com
From leadership to succession, executive courses target wealthy families

Short business school programmes are helping scions prepare, moving into territory dominated by banks and advisers

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May 16 • 11:30 PM EDT • Business • ft.com
Kingdom Heritage University honors leaders at ‘Unfinished Business Award’ gala
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May 16 • 11:28 PM EDT • Business • yahoo.com
Center Point health fair addresses opioid epidemic

Faith leaders, first responders and city staff hosted a health fair focused on the opioid epidemic. The event aimed to raise awareness and connect people with available resources.

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May 16 • 11:00 PM EDT • Health • wbrc.com
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Labour leadership jostling puts Brexit back under political spotlight

The UK's relationship with the EU is shaping up as a key issue for a possible Labour leadership contest and the coming by-election in the Makerfield.

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May 16 • 10:14 PM EDT • Politics • bbc.com
With high hopes, Yale continues to invest in Upper Science Hill

The University has poured hundreds of millions of dollars into the development of Upper Science Hill, which University leaders say will significantly improve research opportunities at Yale. The first phase is set to be completed this fall.

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May 16 • 8:00 PM EDT • Science • yaledailynews.com
Climate change is a health crisis – and fixing it is a health opportunity

Independent Commission of former heads of government, international bodies, ministers and civil society leaders delivers 17 recommendations for what WHO and countries should do next.

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May 16 • 3:14 PM EDT • Health • who.int
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King scores twice in Warrington's win at Toulouse

Warrington Wolves move within two points of Super League leaders St Helens with victory against Toulouse.

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May 16 • 2:14 PM EDT • Sports • sports.yahoo.com
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Underrated Chicago Bears Player Who Impacts Ben Johnson's Offense

With DJ Moore gone, the Chicago Bears lost veteran leadership in the locker room, but here is one underrated player fans should not forget about this season.

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May 16 • 12:42 PM EDT • Sports • sports.yahoo.com
U.K. health secretary will run for prime minister after challenging Starmer's leadership in scathing resignation letter
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May 16 • 12:03 PM EDT • Health • cbsnews.com
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Jeremiah Smith, Colin Simmons among college football's active statistical leaders entering 2026 season

College football enters 2026 with an unusually deep group of returning producers across every major statistical category

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May 16 • 10:49 AM EDT • Sports • cbssports.com
World Health Organization Must Prioritize Workers, Experts Say

After Trump stopped funding the WHO, the agency retreated from occupational safety and health programs, putting millions of workers at risk as the planet warms, advocates contend. They hope its leaders change that when they meet next week.

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May 16 • 5:00 AM EDT • Health • insideclimatenews.org
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In a Fracturing UK, Nigel Farage Emerges as Nationalist Nemesis

With the UK government in crisis, the specter of a Reform leadership one day is shifting the political dynamic in Scotland, Wales and Northern Ireland.

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May 16 • 2:00 AM EDT • Politics • bloomberg.com
It’s Been a Wild Week in British Politics. What Happens Next?

Nobody has yet challenged Prime Minister Keir Starmer for the leadership, but his leading rival, Andy Burnham, finally has a route to Downing Street.

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May 16 • 12:01 AM EDT • Politics • nytimes.com
Indiana Business Journal welcomes local leaders to Fort Wayne during ‘Innovate Indiana’

The Indiana Business Journal held the first of nine ‘Innovate Indiana’ events on Friday.

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May 15 • 8:49 PM EDT • Business • 21alivenews.com
Makary's Resignation Expands Leadership Void at Health Department

Experts say the level of upheaval is unusual and the lack of scientific expertise is concerning

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May 15 • 8:00 PM EDT • Health • medpagetoday.com
Westwood business students win national awards

FROM A NEWS RELEASE ISHPEMING — Eleven Westwood High School business students attended the Business Professionals of America National Leadership Conference, “Amplify Your Impact,” from May 6-10. Nearly 7,000 delegates attended the conference, which was held in Nashville, Tennessee. Three students came home national winners. National award winners are: Lucy Ostola, third place, legal office […]

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May 15 • 8:00 PM EDT • Business • miningjournal.net
Concerns raised over proposed Allegheny County-wide parental leave policy

A proposed 18-week mandated parental leave policy in Allegheny County is under a public comment period, with business leaders raising concerns about its economic impact.

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May 15 • 7:51 PM EDT • Business • wtae.com
Fuquay-Varina park plan faces pushback as demand grows for youth sports

Fuquay-Varina leaders are proposing the construction of four athletic fields at Hilltop Needmore Town Park to accommodate an increase in youth sports participation and prevent hundreds of children from being turned away.

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May 15 • 7:41 PM EDT • Sports • wral.com
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UN Global Compact Africa Business Leaders Coalition Unveils New Roadmap to Accelerate Intra-African Trade and Sustainable Growth

/PRNewswire/ -- The Africa Business Leaders Coalition (ABLC), a CEO-led platform convened by the UN Global Compact to bring together leading African CEOs and...

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May 15 • 7:15 PM EDT • Business • prnewswire.com
‘Shaping Connecticut’s Future’: Business leaders, lawmakers gather at SCSU for summit

NEW HAVEN, Conn. (WTNH) — Business leaders and lawmakers from across Connecticut gathered Friday at Southern Connecticut State University (SCSU) for the “Shaping Connecticut’s Future…

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May 15 • 6:22 PM EDT • Business • wtnh.com
Fuquay-Varina's youth sports are at a 'breaking point': Building new fields is fueling debate

Fuquay-Varina leaders are proposing the construction of four athletic fields at Hilltop Needmore Town Park to accommodate an increase in youth sports participation and prevent hundreds of children from being turned away.

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May 15 • 6:12 PM EDT • Sports • wral.com
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Axios Future of Health Summit: Maternal mortality solutions within reach, experts say

High maternal mortality in the U.S. is preventable, according to advocates, physicians, policy leaders and executives

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May 15 • 5:08 PM EDT • Health • axios.com
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What It Takes To Build A Lasting Family Business. Plus: Catch Hiring Managers’ Attention In 11 Seconds

Welcome to this week’s ForbesWomen newsletter, which every Thursday brings news about the world’s top female entrepreneurs, leaders and investors straight to your inbox.

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May 15 • 3:42 PM EDT • Business • forbes.com
Why Xi Took Trump Inside Zhongnanhai, China's Most Guarded Political Compound

Zhongnanhai, named after two lakes located within the compound, is not only a workplace but also the residence of China's senior leadership.

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May 15 • 2:42 PM EDT • Politics • ndtv.com
Strategies for improving women’s health explored at student-led summit | Harvard T.H. Chan School of Public Health

Speakers at the first Women’s Health Student Summit at the School discussed the need for a new approach to women's health.

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May 15 • 2:14 PM EDT • Health • hsph.harvard.edu
Katherine Tucker: Landrum, Business Consultant

Katherine Tucker is a business professional at Landrum, partnering with leaders across industries to strengthen organizations, support workforce strategy, and

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May 15 • 1:00 PM EDT • Business • huntsvillebusinessjournal.com
Politics Friday: Minnesota lawmakers reach a session-ending deal, now race to get it through

MPR News politics editor Brian Bakst talks with four caucus leaders about a session-ending agreement and how they’ll shepherd it through this weekend.

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May 15 • 1:00 PM EDT • Politics • mprnews.org
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Opinion: Anchorage must stop treating small businesses like major developments

If city leaders want more local businesses, they should start by making low-impact projects faster, clearer and less financially punishing.

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May 15 • 11:43 AM EDT • Business • adn.com
Dallas weighs City Hall’s future as potential Mavericks sports, entertainment site

There were 418 submissions from residents, developers, architects, business leaders and others who responded to the city’s call for concepts favored repairing or restoring the Dallas City Hall.

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May 15 • 11:37 AM EDT • Entertainment • sportsbusinessjournal.com
Now streaming: Gov. Lamont and legislative leaders take the stage at HBJ Politics & Policy Forum

The full video of Hartford Business Journal’s second annual Politics & Policy Forum is now available, featuring Gov. Ned Lamont’s preview of a third-term agenda and a pointed panel discussion […]

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May 15 • 11:15 AM EDT • Politics • hartfordbusiness.com
Axios Future of Health Summit: U.S. health care prices are unsustainable, leaders agree

Health care costs and how to address them dominated the conversations at Axios' second annual Future of Health Summit this week

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May 15 • 9:12 AM EDT • Health • axios.com
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Detroit’s Business of Food Summit brings chefs, food leaders together

The 2026 Business of Food Summit in Detroit is free to attend and features discussion panels and networking with food industry leaders.

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May 15 • 8:55 AM EDT • Business • freep.com
Business leaders rally behind All In, Boulder County fundraising campaign for local nonprofits

Led by the Community Foundation Boulder County, the All In, Boulder County campaign aims to raise $1 million by May 15 for the Community Trust, which supports roughly 100 nonprofits around the county in a number of diverse areas.

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May 15 • 8:01 AM EDT • Business • dailycamera.com
Ted Wu’s Eye for Design and Business Acumen Have Found a Home at Mattel

We sat down with Mattel’s Ted Wu, known for his leadership of the Hot Wheels and Matchbox brands, to discuss design, leadership, and inclusivity.

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May 15 • 7:00 AM EDT • Business • yahoo.com
America's most powerful CEOs don't have much to show from their China trip so far

With red-carpet treatment, selfies and culinary diplomacy, America's richest and most powerful executives - from Tesla's ​Elon Musk to Nvidia's Jensen Huang - sought to rekindle business ties with China this week at a leadership summit in Beijing.

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May 15 • 5:57 AM EDT • Business • reuters.com
Trump and Xi move towards business-first relationship after Beijing summit

The two leaders did not resolve differences on key issues like Iran and Taiwan, despite push to extend truce.

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May 15 • 5:46 AM EDT • Business • aljazeera.com
Lexington news startup debates its unique business model

While the “Local News Hub” program has helped the Observer pay for its own local reporting at a time when news outlets are in search of new revenue streams, some of its leaders are questioning whether it should continue.

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May 15 • 5:30 AM EDT • Business • bostonglobe.com
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Ray Mariano: Things I miss most in today's politics

I sure do miss the time when our leaders treated people with kindness and then actually tried to work across the aisle to move our nation forward.

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May 15 • 5:06 AM EDT • Politics • telegram.com
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Chartbook 449: Voldemort on Threadneedle street. The Bank of England and the "haunted house" of English politics.

Imagine the scene: In some Harry Potter version of 21st-century London, a group of deathless UK Treasury officials gathered from across the last century huddle over warm pints and glasses of Chardonnay. Around the table there are officials from the 1920s, the 1930s, the 1970s, 2022 and today. Inevitably, in May 2026, the subject of conversation is the disintegration of the current Labour government. Despite its huge majority in parliament, it has been reduced to tatters by catastrophic local election result. These exposed the fact that rather than having a government with a clear popular majority, the UK is like most other modern societies divided into 5 segments each of which commands between 26 and 16 percent of the vote. Perhaps unsurprisingly, the leadership at Nos 10 and 11 Downing Street - where the Prime Minister and the Chancellor (Treasury Secretary) work - seem paralyzed. They are caught between mounting discontent over unfairness and the cost of living, and tough fiscal strictures that push them into making unpopular spending decisions. In the London pub, the Treasury officials from across the ages, can barely hide their satisfaction at the latest display of democratic politics caught in the vice-grip of financial logic. “Remember the mur d’argent and the banker’s ramp?” “Just like yesterday!” There are smirks around the table. Then the representative of 2026 pipes up: “One thing you have to say about the current lot (referring to the latest hapless Labour government), you don’t have to teach them about the bond market!” There is a murmur of ascent from the Treasury Mandarins. The trauma of the fiscal crisis of September-October 2022 sits deep. Back then, in the final stages of Tory decay, a ‘mini budget’ that challenged fiscal orthodoxy led to a brief but fierce panic in one of the oldest government bond markets in the world (aka gilt market). Now all you have to do is to mention the “bond market” to hush debate. [ Paul Mason@paulmasonnews In the name of public service, and as ex-economics editor of BBC Newsnight, I offer to do a zoom call, tonight, with any Labour MP who wants to understand why bond markets do not "fall into line" with governments. 1/ 3:57 PM · May 12, 2026 · 466K Views 224 Replies · 674 Reposts · 3.93K Likes ](https://x.com/paulmasonnews/status/2054229532404519082?s=20) “And the funny thing is”, the young man in the huddle continues, “they don’t even want to talk about … ”. There is a sudden hush. Significant looks are exchanged around the table. About? One of the senior figures puts down his glass with a decisive “clink”. He-Who-Must-Not-Be-Named has entered their thoughts. Meanwhile, a few miles away in a grubby pub in Bloomsbury, two conspirators from the camp of Critical Macrofinance huddle over cans of low-alcohol IPA. They look at each other and blurt out loud: “The Bank!” “Everyone in the bloody Labour party is talking about the bond market. But why aren’t they even mentioning … the Bank of England!?” “Why is no one talking about Voldemort?” In Paul Mason’s blogpost, after much chest-thumping about basic fiscal logic, the basic point about the Bank of England is buried in the fine print at #3 in his list of suggestions as to what a radical Labour government might actually be able to do! [ Conflict & Democracy Down with the bond market! Down with gravity! It may seem unfair to focus on Labour MP Paula Barker for her off-the-cuff assertion that the bond market would have to “fall in line” with Andy Burnham, should he replace Keir Starmer as prime minister. But Burnham himself told the New Statesman that Labour had to “get beyond this thing of being in hock to the bond markets… Read more 2 days ago · 100 likes · 3 comments · Paul Mason ](https://htsf.substack.com/p/down-with-the-bond-market-down-with?utm_source=substack&utm_campaign=post_embed&utm_medium=web) Back in Bloomsbury they shake their heads and ask: “Didn’t we learn anything from the Eurozone crisis?” Meanwhile, as if summoned to the conversation by some higher force, the “pink pages” announce: “The days of ultra-cheap government borrowing have come to an end” and Martin “Whizzard” Wolf publishes the graph of the season Look at the UK in 2026, perilously positioned on the upper edge of the pack. No wonder no one in London needs any lessons about the “bond market”. But, look again. Imagine how they feel in Rome. What is London’s nightmare in 2026? The nightmare is that you end up like Italy in the early 2010s during the Eurozone crisis. Once comfortably situated in the middle of the pack, watching with horror as your ten-year yields explode to 7 percent and “spreads” become a national nightmare. One of the largest economies in Europe, a founding member of the euro, stigmatized. But the message of the Italian experience is ambiguous. After all, the stigma didn’t last. In 2026, Italy borrows at rates lower not only than the UK but the US. The US, which, as everyone knows, enjoys the “exorbitant privilege” of being the issuer of reserve, safe asets. What kind of magic is this? How did Italy, in the space of fifteen years, go from being good, to bad and back again? Which brings us back to our dissident friends in their Bloombury boozer and their memories of the Eurozone crisis. Italy never was Britain - with its ongoing fiscal deficits. Without interest payments, on primary balance, from 2000 to 2020 Italy ran a tight fiscal ship. Even in 2008 it barely went into deficit and when it was being put on the rack in the early 20210s its primary surplus matched that of austere Germany. So, what happened? How did it end up stigmatized? Of course Italian politics didn’t help. Berlusconi was at the helm and he had legal issues. But amongst friends in the Bloomsbury pub, Berlusconi is a sideshow, the name we whisper to each other is “Trichet”. From 2004 to 2011 the ECB was headed by Jean-Claude Trichet, ex of the French Treasury, more German than the Germans. After 2009 as the news of the Greek fiscal disaster broke, the European bond markets wento into panic mode and Trichet began a brutal game of cat and mouse. Between 2009 and 2011, Trichet intervened in the bond market to help, only when he thought he had compliance with austerity. When he thought they were uncooperative, he withdrew. In the summer of 2011, he even made direct suggestions to his Italian counterparts in Rome, as to how Italy should be governed. It was this cat and mouse game that drove the bond markets crazy and exposed Italy to a violent squeeze. When Mario Draghi took over the ECB at the end of 2011 and declared “whatever it takes”, the pressure on Italy, gradually eased. It is that starring role that has made Draghi into the towering figure in European politics that he remains today. So now you see why voices in London hush when it comes to the Bank of England. “The bond market” isn’t an irresistible objective force like the weather or an avalanche. It can appear like that. But that depends on the way it is being handled, or not handled by the central bank. Which is why the silence about the Bank of England in London right now is so significant. If you think this all sounds a bit fishy, coming from a left-liberal Keynesian like myself, well, let me introduce you to Robin Brooks, who, to put it mildly, plays on a different quidditch team to me. Here, from the position of a fiscal hawk is Robin’s celebratory account of the Bank of England’s role since 2022; In October 2022, at the height of the bond market blow-up in the UK, something incredible happened. Governor Andrew Bailey told British pension funds the Bank of England would end its support program for the country’s fragile gilt market, drawing a line under how much help the central bank was willing to give to exposed pension funds and - implicitly - the government. By the end of that week, Kwasi Kwarteng - the finance minister - had resigned. Prime Minister Liz Truss would soon follow. This episode is so incredible because it contrasts with what happened in the Euro zone earlier that year. Bond markets in Spain and Italy were under pressure amid high inflation and rising interest rates. In the middle of this, Mario Draghi - Italy’s Prime Minister - resigned, compounding pressure on bond markets of high-debt countries on the Euro periphery. Unlike the Bank of England, the ECB caved. It bought Italian and Spanish government bonds in an effort to cap yields and introduced a new tool that signaled to markets it might do such caps more frequently going forward. Faced with pressure on bond markets, the ECB capitulated to political pressure from high-debt countries like Italy and Spain. The Bank of England stood its ground and toppled the Truss government. This kind of thing has long-lasting consequences. It means markets price a higher probability of yield caps in the Euro zone, which keeps Italian and Spanish yields artificially low, while markets feel free to push up UK yields without fear of central bank intervention. As I flagged in yesterday’s post, this means you really can’t compare UK yields to those of other high-debt countries. The UK looks worse, but only because its central bank isn’t interfering with markets. There’s more to this than just that 2022 episode. The Bank of England has also been much more aggressive in its quantitative tightening (QT) than other central banks. If one motivation for quantitative easing (QE) is to lower bond yields - especially longer-dated ones - then it stands to reason QT pushes yields up. The left chart above shows a four-quarter moving average of UK government debt issuance (black line) in percent of GDP and which sectors absorb this issuance, including the Bank of England (blue bars). The right chart above compares the Bank of England’s accumulation or run-off of government bonds (blue line) with that of other central banks, where this blue line is the same as the blue bars in the left chart. The Bank of England was quicker and more aggressive than other central banks in downsizing its bond holdings, so UK yields will have risen more than elsewhere also for this reason, not just because of Governor Andrew Bailey’s remarks in October 2022. Back in October 2025, after a conversation in New York with friends in British politics, my sense of dysphoria was such that I raised the issue of the Bank of England openly in the FT Since 2008, the UK has slid into a deep economic and political predicament. Growth has stagnated to a degree far worse even than in the 1970s. The Tory leadership’s wager on the Brexit referendum spectacularly backfired, leaving the UK isolated from Europe and at the mercy of its special relationship with the US, many of whose political class regard the UK as a basket case. After years of austerity, the Labour party lurched to the left and then back to the centre. The Tory party has been eclipsed by the populist nationalism of Reform. Any British government should be worrying first and foremost about how to restart growth. Instead, Keir Starmer is beset by shades of the gilt market panic triggered by the Liz Truss government in 2022. The debt level is higher than in recent years, but there is no cause for panic. UK debt is at far from critical levels and of long duration. Whether you want to “take back control” or launch progressive economic policy, a democracy dogged by fear of bond market vigilantes is unhealthy. In a country that is a monetary sovereign, this climate points to one thing: a disconnect between the government and the central bank. Since 1997, the independence of the Bank of England has become a sacred cow. But independence is what you make of it. And in the wake of the gilt market crisis of September 2022, relations between the Bank of England and the UK government need a reset. In normal times, there is no doubt that an inflation-targeting independent central bank can serve a country well. But since 2008, the UK and other advanced economies have not had the luxury of such simple problems. To their credit, central bankers around the world have not stood on orthodoxy. After 2008, the US Federal Reserve rescued the global banking system and, through quantitative easing, it stabilised the Treasury market in the face of huge deficits. In Europe, things were trickier. Both the Bank of England under Mervyn King and Jean-Claude Trichet’s European Central Bank played cat and mouse with national governments. This was a high stakes wager that between 2010 and 2012 escalated bond market tension and triggered a disastrous turn to austerity. Shaken by the impact of those shocks, their successors, Mark Carney and Mario Draghi adopted a more protective stance (assuming you were not the government of Greece). Recall that Draghi’s legendary slogan, “Whatever it takes”, was uttered to face down the City of London’s bond vigilantes. In 2015, Draghi launched QE — financial repression by another name. In 2016, Carney used the authority of the Bank of England to stabilise markets following the vote for Brexit, an exemplary demonstration of how central banks can underpin democratic choice, even when those choices are wrong headed. All these were independent central bankers steeped in the best practice of the 1990s, who recognised that historic crises demanded radical action. It was the price surge of 2021-2023 that poisoned the atmosphere. Though the shock came mainly from the supply side, central banks ended up in the dock. Nowhere more so than in the UK. The Bank of England reacted with aggressive normalisation. Faced with a cost of living crisis, the governor called for workers to accept real wage cuts. In early 2022, as gas prices were at record levels and Russia’s army was poised to invade Ukraine, the Bank adopted a stringent programme of quantitative tightening, elevating interest rates. When the Truss government got itself in trouble, the Bank took almost a week to come to the rescue. Rather than enacting a charade of normality, it is time to recognise that in 2025 the UK faces a period of historic transition. To meet this challenge, what is needed is a new concordat with the Bank. This should not ignore inflationary pressures or the long-run trajectory of debt, but should affirm the priority of reviving investment-led growth. One could follow Donald Trump in demanding interest rate cuts. The Bank could shadow the ECB in its commitment to capping Eurozone yields. But the top priority should be to lay the ghost of September 2022. The Bank’s slowing of QT last month was a concession. An immediate and complete end would send the right signal. Such a concordat will not by itself restore sanity to politics, solve the housing problem or rebuild the NHS. But it would help to lift the fear of bond market crisis, which is paralysing the effort by democratic politicians to answer the fundamental questions facing the nation. Now, that call for a new concordat between government and Bank of Englands seems more urgent than ever. The problem is that in October 2025, Starmer still had some authority. Today the government is in tatters. And when you are the “under the harrow” - to echo a phrase of Montagu Norman’s from the 1920s - it is the worst possible time to consider institutional change. To make general arguments at a time of crisis can only seem like special pleading rather than a general argument for long-term change. The same, unfortunately, is also true for the other basic institutional reform that Britain urgently needs i.e. the abolition of the out-dated first past the post electoral system and its replacement by a moderated form of proportional representation. And thirdly - whilst we are saying the quiet parts out loud - Britain needs to reopen the question of EU membership. What the local election results of 2026 show is that this remains a key issue. And what they also show is that there is a clear majority that would favor a return. Until these basic features of Britain’s political economy are addressed the country will carry on its politics as though in a haunted house, governed by governments that lack actual majorities, conjuring up false constraints whilst ignoring the real ones. This one is for DG and MI. I love writing the newsletter. If you enjoy it too and fancy buying me a coffee once a month, you know what to do. Click below! Subscribe

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May 15 • 3:04 AM EDT • Politics • adamtooze.substack.com
Local business leaders, state commit $13 million to Field of Dreams

DYERSVILLE, Iowa — Dubuque County families and business leaders and the state of Iowa have committed $13 million to support ongoing and future development at the Field of Dreams movie

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May 15 • 2:00 AM EDT • Business • telegraphherald.com
Aging Palestinian Leader Boosting His Son’s Political Rise, Officials Say

Mahmoud Abbas’s years in power have been dogged by accusations of corruption. Many Palestinians yearn for fresh leadership.

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May 15 • 12:01 AM EDT • Politics • nytimes.com
Moss Point holds community forum for sports complex project feedback

On Thursday, Moss Point community members and leaders attended a meeting at City Hall to discuss community concerns over the city’s plans for a sports complex.

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May 14 • 11:32 PM EDT • Sports • wlox.com
Downtown Wyandotte construction squeezes local businesses, but city leaders say payoff is coming

Downtown Wyandotte businesses are struggling with construction disruptions, but a $12M city investment promises long-term gains.

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May 14 • 11:12 PM EDT • Business • wxyz.com
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University and business leaders weigh a college degree’s value

“On average, after 10 years, the median UCI student is making about $106,000 a year with very little debt. Most of them, within a few years, are earning more than their parents.” UC Irvine Chancellor Howard Gillman

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May 14 • 8:03 PM EDT • Business • ocregister.com
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South Carolina leaders mark Multicultural Business Alliance Day at State House

State business leaders, lawmakers and community advocates gathered at the South Carolina State House this morning.

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May 14 • 7:18 PM EDT • Business • abcnews4.com
Wild owner, business leaders buys historic St. Paul Hotel

Craig Leipold led a group that purchased downtown St. Paul’s landmark hotel, where he leases the penthouse.

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May 14 • 5:22 PM EDT • Business • startribune.com
MU's Radioisotope Science Center aims for global impact with medical, nuclear innovation

Local, state and federal leaders gathered in Columbia Thursday morning to celebrate state-of-the-art technology in cancer treatment.

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May 14 • 5:15 PM EDT • Science • krcgtv.com
Cisco Just Proved the Most Dangerous Moment in Business Isn’t Losing—It’s Winning

Cisco just posted record revenue—then cut 4,000 jobs. The move reveals a critical leadership lesson: the most dangerous moment in business isn’t losing, but winning—and how smart companies act before the market forces them to.

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May 14 • 4:03 PM EDT • Business • inc.com
How Education Leaders Can Overcome Political Divisions (Opinion)

"Bipartisan education policy is not only possible; it is already happening," say several leaders.

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May 14 • 3:43 PM EDT • Politics • edweek.org
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Why Sustainability Is a Business Strategy, Not a Nice-to-Have for AstraZeneca

A fireside chat with AstraZeneca's Dafni Kika at ISPE MAST Showcase made the case that decarbonization, AI, and people-centered leadership are converging into one operating...

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May 14 • 3:41 PM EDT • Business • biobuzz.io
Hed: Crunch time? Take health advice from these 23 leaders

From creatine to pickleball, each leader figured out methods to preserve health during stressful periods.

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May 14 • 2:30 PM EDT • Health • fastcompany.com
Jerome Powell: Steering the US Fed through COVID-19 and political pressures

Trump’s aggressive push for interest rate cuts shaped Powell’s Fed legacy during his tumultuous leadership.

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May 14 • 2:25 PM EDT • Politics • aljazeera.com
Mizzou breaks ground on Radioisotope Science Center to strengthen nation’s supply of critical isotopes

May 14, 2026Contact: Christopher Ave, Christopher.Ave@missouri.edu University of Missouri leaders, federal partners and state officials […]

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May 14 • 1:54 PM EDT • Science • showme.missouri.edu
This Week in Jacksonville: Business Edition - City leaders push for practical money skills in schools

Florida now requires a stand-alone personal financial literacy course for high school graduation - but guests on This Week in Jacksonville: Business Edition say the real question is whether it changes behavior. Host Kent Justice talks with Dr. Ronetta Wards of the Jacksonville Public Education Fund (JPEF) and Howard Dale of the Rotary Club of Jacksonville about what “financial literacy” should actually mean for 17- and 18-year-olds: credit, debt, taxes, budgeting, savings, investing, and even emerging currency like crypto.

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May 14 • 1:51 PM EDT • Business • news4jax.com
Bucs Brass Impressed With UDFA QB Jalon Daniels

The Kansas standout is turning heads in rookie minicamp, utilizing his dual-threat ability and leadership to challenge for the backup role behind starter Baker Mayfield this season.

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May 14 • 1:35 PM EDT • Sports • sports.yahoo.com
Trump to join prayer gathering criticized for promoting Christian nationalism

Organizers expect thousands of people to attend Rededicate 250, which will include worship music, prayers and speeches from Cabinet heads and other Republican officials, along with religious leaders and others.

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May 14 • 12:57 PM EDT • Politics • pbs.org
Local business leaders commit $10 million to support Field of Dreams

DYERSVILLE, Iowa -- Three Iowa families and business leaders have committed $10 million to support ongoing and future development at the Field of Dreams movie site in Dyersville.

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May 14 • 11:15 AM EDT • Business • telegraphherald.com
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U.K. health secretary resigns in scathing letter, setting up challenge to Starmer's leadership
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May 14 • 10:14 AM EDT • Health • cbsnews.com
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UK health secretary resigns, creating a potential power struggle with PM Keir Starmer

Health Secretary Wes Streeting became the first senior minister to quit Starmer ’s Cabinet on Thursday in what is expected to be a precursor to challenging his leadership.

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May 14 • 9:57 AM EDT • Health • pbs.org
Dan Loeb, Bobby Kotick and Other Business Leaders Backing Spencer Pratt

The former reality-TV star has shaken up the Los Angeles mayoral race, gaining support from deep-pocketed donors like the financier Daniel S. Loeb.

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May 14 • 8:20 AM EDT • Business • nytimes.com
UK health minister Wes Streeting resigns

British health ​minister ​Wes Streeting ⁠resigned ​from ​government on Thursday, saying ​he ​had lost ‌confidence ⁠in Prime Minister Keir ​Starmer's ​leadership.

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May 14 • 8:06 AM EDT • Health • reuters.com
The largest generational divide in American politics is about Israel

For Jewish communal leaders and philanthropists, a critical question looms: Is Israel’s current unpopularity in the United States a temporary reaction to wartime images, or does it reflect a deeper transformation in American political culture? The most recent Gallup data released...

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May 14 • 5:32 AM EDT • Politics • ejewishphilanthropy.com
I'm a doctor. Political stress is showing up in my exam room.

Patients come in wound up from political news. Their blood pressure is worse. They can't sleep. Chronic stress is a public health crisis, and leaders are making it worse.

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May 14 • 5:30 AM EDT • Politics • indystar.com
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Paramount Sports Entertainment Makes Trio of Hires

"Their leadership will be instrumental in driving our production pipeline, expanding partnerships, and supporting our next phase of growth," says unit head Jesse Sisgold.

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May 14 • 4:07 AM EDT • Entertainment • yahoo.com
Paramount Sports Entertainment Makes Trio of Hires

"Their leadership will be instrumental in driving our production pipeline, expanding partnerships, and supporting our next phase of growth," says unit head Jesse Sisgold.

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May 14 • 4:07 AM EDT • Entertainment • hollywoodreporter.com
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Paramount Sports Entertainment Makes Trio of Hires

"Their leadership will be instrumental in driving our production pipeline, expanding partnerships, and supporting our next phase of growth," says unit head Jesse Sisgold.

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May 14 • 4:07 AM EDT • Sports • hollywoodreporter.com
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A Look At Flutter Entertainment’s Valuation As FanDuel Leadership Changes And 2026 Guidance Are Trimmed

Flutter Entertainment (NYSE:FLUT) is back in focus after trimming its fiscal 2026 outlook and reporting first quarter results that combined strong sales with lower net income, along with leadership changes at core brand FanDuel. See our latest analysis for Flutter Entertainment. Those first quarter results, the trimmed 2026 outlook and leadership changes at FanDuel have come alongside a sharp reset in sentiment, with the share price down 56% year to date and the 1 year total shareholder...

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May 14 • 3:47 AM EDT • Entertainment • simplywall.st
State honors Utica business owner at 'Dominicans in Albany'

Mohawk Valley Dominican business leaders, including Utica's Excellent Tape owner Oscar Martinez, recognized at annual "Dominicans in Albany," May 11.

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May 14 • 3:01 AM EDT • Business • uticaod.com
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Xi Jinping tells Nvidia, Tesla and Apple CEOs that China will ‘open wider’

US business leaders praise ‘great importance’ of Chinese market on visit to Beijing alongside Donald Trump

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May 14 • 2:20 AM EDT • Business • ft.com
Commission votes to launch Genesee County sports planning group

Genesee County leaders are looking at sports tourism as more than entertainment — commissioners say it could become a long-term strategy to bring new money and new visitors into the area.

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May 13 • 11:41 PM EDT • Sports • wnem.com
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Major airlines throw huge curveball at City Hall bosses over mass wage hike plot

Los Angeles City Council may have dodged financial ruin Wednesday, but only temporarily, after furious business leaders forced City Hall into emergency negotiations over a massive Olympic wage hike.

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May 13 • 9:57 PM EDT • Business • nypost.com
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Aspen Science Center interns level up community education

In autumn 2025, the Aspen Science Center (ASC) launched a new program, Community STEM Leaders Interns (CSLI), to supplement its long-standing Summer

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May 13 • 7:30 PM EDT • Science • soprissun.com
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Miami-Dade commissioners discuss long-delayed mental health facility, but still not on agenda for a vote

More than two decades after voters approved funding for a mental health facility, Miami-Dade County leaders are still debating when — or how — it will finally open.

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May 13 • 7:11 PM EDT • Health • nbcmiami.com