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Byron business celebrates grand opening thanks to Business Builder Grant

"I've had this picture in my mind for, honestly, three to five years. I was like, ‘It would be great if we could have this little farm store.’ This grant helped make it happen." —Stacey Freitag, co-owner, Free Day Popcorn

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Aug 5 • 8:00 PM EDT • Business • news.unl.edu
WATCH LIVE: Sen. Paul holds contempt vote after Fauci invokes 5th Amendment
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Aug 5 • 7:45 PM EDT • Politics • pbs.org
State Lawmakers Talk Political Will for CPS Funding, Evidence-Based Funding Formula
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Aug 5 • 7:39 PM EDT • Politics • news.wttw.com
Seeds Rybakina, Pegula and Gauff advance at WTA Toronto event

Second seed Elena Rybakina, third seed Jessica Pegula and fourth-seeded Coco Gauff advanced to the third round of the WTA 1000 tournament in Toronto on Wednesday.Rybakina hit back-to-back double faults to drop the second set and three double faults while serving for the match before advancing to next face 28th-seeded American Ann Li, who eliminated Canadian wildcard Kayla Cross 7-6 (7/2), 6-3.

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Aug 5 • 7:18 PM EDT • Sports • sports.yahoo.com
Colts' Blake Grupe: Favorite to win kicking job

Colts' Blake Grupe: Favorite to win kicking job

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Aug 5 • 7:17 PM EDT • Sports • cbssports.com
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Exclusive | Senate Panel Says It Has Obtained Copy of Fauci’s Covid-Era Phone

Republicans in Congress have ramped up scrutiny of the retired government doctor, and one panel could vote on holding him in contempt on Thursday.

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Aug 5 • 7:13 PM EDT • Politics • wsj.com
Yankees' Jose Caballero: Fading into utility role

Yankees' Jose Caballero: Fading into utility role

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Aug 5 • 6:58 PM EDT • Sports • cbssports.com
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Tigers' Javier Baez: Sitting Wednesday

Tigers' Javier Baez: Sitting Wednesday

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Aug 5 • 6:34 PM EDT • Sports • cbssports.com
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Perez Hilton's family offers health update after disturbing TikTok

Perez Hilton's family has asked for privacy and confirmed he is receiving medical care after a TikTok livestream frightened fans and triggered a law enforcement response.

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Aug 5 • 6:20 PM EDT • Health • latimes.com
Guardians' Angel Martinez: Losing out on playing time

Guardians' Angel Martinez: Losing out on playing time

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Aug 5 • 5:58 PM EDT • Sports • cbssports.com
Lions re-sign WR Tarik Black

The Lions re-signed wide receiver Tarik Black on Wednesday, the team announced.

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Aug 5 • 5:50 PM EDT • Sports • nbcsports.com
Pirates' Spencer Horwitz: Sitting Wednesday

Pirates' Spencer Horwitz: Sitting Wednesday

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Aug 5 • 5:48 PM EDT • Sports • cbssports.com
Blue Origin CEO says faulty valve caused massive explosion in Florida

Blue Origin CEO Dave Limp says a faulty valve caused the massive New Glenn rocket explosion that rocked Florida's Space Coast in May.

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Aug 5 • 5:40 PM EDT • Technology • wesh.com
Brewers' Jake Bauers: Not in Wednesday's lineup

Brewers' Jake Bauers: Not in Wednesday's lineup

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Aug 5 • 5:18 PM EDT • Sports • cbssports.com
Advocates celebrate as California's first cardiac ablation is performed in ASC

Medicare is looking to reduce healthcare costs, and EPs believe outpatient procedures are more convenient for patients.

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Aug 5 • 5:07 PM EDT • Business • cardiovascularbusiness.com
Jordan Addison shouldn't be out long with jammed thumb

Vikings wide receiver Jordan Addison jammed his thumb, but his absence from practice should not be long, coach Kevin O'Connell said.

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Aug 5 • 4:59 PM EDT • Sports • nbcsports.com
The fight for safer cath labs continues: ‘We have to fix the work environment’

A group of nine U.S. medical societies wants to help hospital leaders improve cath lab safety. Their primary goals are to reduce radiation exposure and prevent orthopedic injuries.

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Aug 5 • 4:49 PM EDT • Business • cardiovascularbusiness.com
Clopidogrel monotherapy bests aspirin when patients with diabetes undergo PCI

After an initial period of DAPT, what's the best next step? A new analysis reviewed data from the SMART-CHOICE 3 clinical trial.

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Aug 5 • 4:39 PM EDT • Business • cardiovascularbusiness.com
Dr. Erica Schwartz confirmed as CDC director, filling a leadership vacuum

Schwartz takes command of a public health agency that has lost thousands of employees, amid layoffs, resignations and leadership turmoil.

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Aug 5 • 4:00 PM EDT • Health • npr.org
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Bijan Robinson: Jahmyr Gibbs and I told each other to hang in there

Bijan Robinson and Jahmyr Gibbs have been mentioned in conjunction with one another a lot this offseason and their contract pushes were also the subject of conversations between the two running backs.

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Aug 5 • 3:57 PM EDT • Sports • nbcsports.com
Downtown Valdosta sees $24.4 million revitalization with apartments, restaurants and entertainment

Downtown Valdosta's $24.4M revitalization brings 51 apartments, restaurants and entertainment to the historic district.

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Aug 5 • 3:29 PM EDT • Entertainment • wtxl.com
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Texans sign WR Montrell Washington

The Texans signed wide receiver Montrell Washington, the team announced Wednesday.

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Aug 5 • 3:16 PM EDT • Sports • nbcsports.com
Trump seeks to shield his business finances from BBC in libel lawsuit

The president is trying to revise his lawsuit against the British broadcaster to focus on harms to his reputation allegedly caused by a network documentary.

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Aug 5 • 2:37 PM EDT • Business • politico.com
Downtown Valdosta sees $24.4 million revitalization with apartments, restaurants and entertainment

Downtown Valdosta's $24.4M revitalization takes shape.

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Aug 5 • 2:32 PM EDT • Entertainment • wtxl.com
It looks like a SpaceX rocket did slam into the moon (as predicted)

A SpaceX rocket that launched a pair of lunar landers slammed into the moon as predicted on Wednesday, scientists reported, after drifting off course for the past year.

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Aug 5 • 2:28 PM EDT • Science • cbc.ca
Mass. health officials see uptick in cyclospora cases

The number of cyclospora cases in the state so far this year has increased to 147, the highest level of reports of the parasitic infection since 2019.

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Aug 5 • 1:33 PM EDT • Health • wgbh.org
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Giants' Christian Koss: Heading to bench Wednesday

Giants' Christian Koss: Heading to bench Wednesday

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Aug 5 • 1:15 PM EDT • Sports • cbssports.com
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NEWS RELEASE: Health Department continues mandatory wood-burning restriction due to increased air pollution

Multnomah County is continuing to require people to refrain from burning wood until the advisory is lifted.

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Aug 5 • 12:44 PM EDT • Health • multco.us
WHO chief: Ebola outbreak outpacing response as aid workers strike over pay

The world’s fastest-growing Ebola outbreak is spreading faster than efforts to fight it, the head of the World Health Organization said during a visit to Congo, where some health workers are striking over a lack of pay.

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Aug 5 • 12:24 PM EDT • Health • latimes.com
Paramount's chairman says lawsuit opposing Warner Bros. merger is political

An antitrust lawsuit has put Paramount's bid for larger rival Warner Brothers Discovery in jeopardy. Paramount's chairman says the problem is really about politics — and whether he's fit to own CNN.Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org.

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Aug 5 • 12:07 PM EDT • Politics • npr.org
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Saudi Arabia's PIF completes acquisition of Electronic Arts

Electronic Arts, the gaming company known for franchises like "The Sims" and "Battlefield," has officially been acquired by Saudi Arabia’s Public Investment Fund, Silver Lake and Affinity Partners for $55 billion.

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Aug 5 • 12:06 PM EDT • Entertainment • latimes.com
Patriots' Terrell Jennings: Competing for RB3 role

Patriots' Terrell Jennings: Competing for RB3 role

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Aug 5 • 12:02 PM EDT • Sports • cbssports.com
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Cardinals' Jeremiyah Love: Won't play in preseason opener

Cardinals' Jeremiyah Love: Won't play in preseason opener

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Aug 5 • 11:28 AM EDT • Sports • cbssports.com
AHA urges CMS to prioritize hospitals, providers with Rural Health Transformation Program funding

The AHA Aug. 5 provided comments to the Centers for Medicare & Medicaid Services on the distribution of funding for the Rural Health Transformation Program. The program will fund $50 billion to rural providers from fiscal year 2026 to FY 2030.

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Aug 5 • 11:17 AM EDT • Health • aha.org
Accolades: Darden School earns 11 top-10 rankings in Princeton Review

Also in this roundup: honoring an MRI innovator who’s still active, a focused ultrasound leader who’s just starting, and more.

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Aug 5 • 11:11 AM EDT • Business • news.virginia.edu
Reds' Emilio Pagan: Collects sixth straight save

Reds' Emilio Pagan: Collects sixth straight save

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Aug 5 • 11:10 AM EDT • Sports • cbssports.com
Connect with Public Health’s peer breastfeeding program

Did you know the American Academy of Pediatrics recommends exclusive breast/chestfeeding until your baby is six months old?

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Aug 5 • 11:08 AM EDT • Health • bloomingtonmn.gov
From Westwood to the Valley: How ‘The Shards’ recreates 1981 L.A.

Ryan Murphy's FX adaptation of 'The Shards' brings Bret Easton Ellis' coming-of-age thriller to life with meticulous production design, costumes and iconic L.A. locations.

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Aug 5 • 11:00 AM EDT • Entertainment • latimes.com
Surveillance video shows floodwater rushing through Hopewell business

Surveillance video from James River Tackle Co. shows floodwaters rushing into the business from both the front and back doors quickly filling the store with more than a foot of water.

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Aug 5 • 10:39 AM EDT • Business • wtvr.com
Angels' Grayson Rodriguez: Revenge game wasted Tuesday

Angels' Grayson Rodriguez: Revenge game wasted Tuesday

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Aug 5 • 10:28 AM EDT • Sports • cbssports.com
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Amid college sports chaos, Florida moves to influence Senate legislation

Athletic directors and other officials in the college sports-crazed state see the proposal, the country’s most substantial attempt yet to govern the athletics marketplace, as “progress over perfection."

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Aug 5 • 10:19 AM EDT • Sports • politico.com
Progressive Abdul El-Sayed wins Michigan's Democratic primary for Senate

El-Sayed, an epidemiologist, backs Medicare for all and decries corporate money in politics. He beat Rep. Haley Stevens, whose supporters said she would have had a better chance in the fall.

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Aug 5 • 9:54 AM EDT • Politics • npr.org
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Chipotle pulls jalapeños from some restaurants as health officials investigate salmonella outbreak

Chipotle Mexican Grill says it has removed jalapeños from some of its restaurants after determining the peppers could potentially be tied to a salmonella outbreak public health officials are investigating

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Aug 5 • 9:21 AM EDT • Health • latimes.com
Behind the Scenes of the World Cup: The South Florida Small Businesses Powering a Global Stage

When the world's attention turned to Miami for the World Cup, fans saw packed venues, vibrant celebrations and unforgettable moments on the field. What many didn't see was the network of local small businesses working behind the scenes to bring those experiences to life.

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Aug 5 • 8:50 AM EDT • Business • stories.td.com
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Where the Trump Administration's Global Health Agreements Stand

The State Department has now signed more than 30 bilateral global health cooperation agreements, adding dozens of new deals with partner governments since our initial update and rundown of outstanding questions in December. And as the administration works to reorient the geographic focus of US assistance, the sweeping new agreements have reached the Western Hemisphere and the Indo-Pacific. Beyond signing additional agreements, the State Department published the official texts of five memoranda of understanding (MOUs) in response to a FOIA request, only to quietly disappear from the government's website. (Public Citizen maintains separate copies—along with other MOU-related documents from unofficial sources.)

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Aug 5 • 8:00 AM EDT • Health • cgdev.org
The Sports Report: Tarik Skubal pitches well, but Dodgers lose

Tarik Skubal pitches six strong innings in his debut for the Dodgers, who lose their fifth straight game.

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Aug 5 • 7:25 AM EDT • Sports • latimes.com
Chartbook 464 The"China squeeze" - the politics of development counterfactuals.

There are three types of China shock discourse. Each has a distinct temporal register. China shock 1.0 was a phrase coined by US academics in the 2010s to retrospectively summarize the impact on particular US labour markets, which they identified through painstaking empirical investigation. China shock 2.0 on everyone’s lips in Europe in the mid 2020s is an alarm raised by trans-Atlantic policy thinkers warning of a coming disaster which they project onto Europe’s ailing car industry. The third type of China shock discourse - commonly known as the “China squeeze” launched most recently by Indian economists Shoumitro Chatterjee and Arvind Subramanian in the pages of Foreign Affairs - mobilizes a different, more speculative temporal register: the counterfactual realm of alternate history. The China squeeze argument asks not what has happened, or what is going to happen, but what might have been. Specifically, what options for economic development might have been open to Global South economies like India or the economies of sub-Saharan Africa, had it not been for China’s spectacular industrialization since the late 1990s and the persistent competitiveness of China’s manufacture in low-skilled segments. Chatterjee and Subramanian’s argument is that whilst China has built a powerful position in electrical machinery and other high-skill manufacturing, which is now delivering China Shock 2.0, it also continues to run a trade surplus in low-skill, labour-intensive manufacturing. This surplus is large and has remained largely unchanged in fifteen years. Indeed, in the 2010s, in trade with low-income countries, China’s surplus rapidly increased. On their reading, this squeezes low-income producers in low-skill sectors in which they “should” be able to compete. Source: “China’s Mercantilist Squeeze on Developing Countries” Shoumitro Chatterjee and Arvind Subramanian. Peterson Institute for International Economics 26-7 May 2026 Chatterjee and Subramanian’s wording is telling: (emphasis mine) The canonical trajectory of economic development in the post-World War II period is for countries to transition from agriculture to manufacturing, first in low-skilled manufacturing and then later on to high-skill manufacturing (Herrendorf, Rogerson, and Valentinyi 2013). At the global level, this implies that high-income countries (HICs) that once specialized in low-skilled activities cede manufacturing export space to poorer countries that come along to occupy that space. In 1965, advanced economies accounted for about 60 percent of global value-added exports in four key low-skilled manufacturing sectors, i.e., apparel, leather, textiles, and footwear. Over time this share declined and began to be occupied first by the East Asian tigers and, beginning in the late 1990s, by China. Today China accounts for about 50 percent of the global market. The question is whether China, with its rising prosperity, is continuing to behave like its richer counterparts and ceding export space to poorer followers or to behave unlike them and continuing to occupy space. In terms of the conceptual maneuvers it performs, of the three China shock discourses, the “China squeeze” argument is by far the most ambitious. After all, it bases its critique of China on a counterfactual imagining of the world. Like any counterfactual argument, to construct this alternative reality it must rely on a heuristic model. To make their argument Chatterjee and Subramanian mobilize two key claims. The first reference point is the actual history of rich-country industrialization, what they refer to as the “canonical path”. The idea is that countries transition from agriculture to light industry and low-skilled manufacturing and from there up the value chain. To make this useful as a standard of comparison and a means to construct a normative standard, they adjust sectoral export shares for two factors: 1. the underlying level of economic development of the exporting country, as measured by national income and 2. the degree to which the sector in question is internationalized. The idea being that for a high income country to have a high export share in low-skill sectors is anomalous and even more so if that particular product is highly internationalized and thus suitable for being “conceded” to lower-income competitors. Where should this process end? Here Chatterjee and Subramanian introduce their second benchmark. Their normative idea of a global development path is one in which, in due course, low-skill manufacturing exports are distributed in proportion to a country’s share in the global labour force. They imagine, in other words, a world of proportional, polycentric global development without much national specialization in low-skill manufacturing. A useful benchmark is that, in labor-intensive manufacturing sectors, a country’s share of world exports should be broadly commensurate with its share of the world’s low-skilled labor endowment. … In the Heckscher-Ohlin model, this would be true if value added per worker and export propensities, i.e., fraction of output that is exported, are the same across countries. It is this pleasant liberal vista of orderly global development, progressing towards a general distribution of low-skilled manufacturing against which they judge reality and conclude that the low-income countries are suffering a “China squeeze”. China is not exiting low-skill sectors fast enough Allowing for its gdp level and the degree of globalization, China’s share of low-skill manufacturing exports is far higher than it “should” be. Relative to population, its low-skill share of exports is far too high. That in turn yields the conclusion that huge numbers of jobs - the authors suggest tens of millions - are being hoarded by China. For the four sectors captured in figure 4, this excess in value-added exports is $110 billion in 2022. For all low-skilled sectors overall captured in appendix figure D.1, excess value-added exports amount to $365 billion. The crowding out of LMIC exports by China is therefore substantial. Both these claims have in common that they are strong structuralisms. The first is that development paths ought to resemble each other. The second is that broadly speaking as far as low-skilled manufacturing is concerned, all countries are alike. If the world currently diverges from the distribution of trade implied by these assumptions, if China is not following the advanced economy path and has huge exports, this must be the result of “policy”, which the authors then put in question as illegitimate or unfair. Thus the naturalistic construction of a canonical path leading to a “level” distribution of low-skilled manufacturing reveals itself to be a polemical tool. From the point of view of China shock polemics, this discourse is no doubt welcome. But as an account of economic history, it must surely be regarded as nothing short of bamboozling. Development paths do not follow a regular, natural sequence. As David Fishman put it aptly, “development is not a queue”. They are always and everywhere, through and through political. Development is not so much a process, as a project. Each such project is more or less well adjusted to its context. As Gerschenkron taught uneven and combined development implies differentiation rather than simple imitation on a single parth. It may be true that Europe and the US exited relatively early from low-skill work. But clearly technology has changed. As C&S themselves point out, China no longer enjoys a low wage environment. Do they really believe that such huge differences can be accounted for either by industrial policy, which as they admit does not operate powerfully in low-skill sectors, or by exchange rate manipulation? What is overwhelmingly dominant in explaining the persistence of “low-skill” manufacturing in China are surely the network effects of complex supply chains. Indeed the label of “low-skill” may miss the point. The degree of globalization which Chatterjee and Subramanian decide to conjure away in their model of the development path - to allow for the fact that Europe and American textiles exporters did not enjoy just-in-time logistics in the 1950s - obscures the point that the networks through which Chinese factories supply the world are themselves key parts of the low-skill industrialization project. China isn’t knocking out 1970s style “cheap”. It has redefined the entire product cycle. C&S’s casual reference to “T-shirts” is telling. In today’s “fast fashion”, there is weight on both terms. Fashion and fast. China’s success in delivering on both at unprecedentedly high speed and at unprecedentedly low cost, isn’t a low-skill operation at all. If we see development trajectories not as the serial repetition of the same, but as distinctive, crafted projects that cumulate in complex agglomerations of skill, technology and labor, then this explains why the assumption that low-skilled manufacturing should follow the distribution of population flies in the face of all experience. As countless cases attest, low-wage, low-income developed economies are not by themselves the makings of a competitive production base. As Leon Liao puts it quite fairly: “International trade has never been allocated according to population. A country’s population gives it no natural claim to an equivalent share of global exports." And the remarkable fact is that Subramanian alone and with co-authors has long been making this point, not to pillory China, as is the case of the tendentious _Foreign Affair_s and Peterson pieces, but to highlight the great counterpart to China’s industrial success, namely India’s relative failure. The much-quoted Foreign Affairs piece showed low-skill export shares only for China, not for India. If you put both countries in the picture as Chaterjee and Subramanian have done on other occasions, the picture looks like this. China is far above the line, but India, almost as large in terms of population, is no less anomalous, just in the opposite direction. As far as global populations are concerned, and the imagining of tens of millions of “squeezed” jobs, it is this Sino-Indian pair that account for a huge share of the action. What this graph reveals is not China’s cheating, but India’s “greatest development failure”, at least this is the argument made Arvind Subramanian, this time in co-authorship with Devesh Kapur, in their major book, A Sixth of Humanity. Independent India’s Development Odyssey which appeared with Oxford University Press earlier this year. In this highly critical work on India’s development, China is repeatedly evoked, not to criticize but as a benchmark against which to illuminate what India’s political economy has not delivered i.e. large-scale formal employment for hundreds of millions of citizens. Kapur and Subramanian leave no doubt, if you want to understand why China, not India was the main driver of manufacturing globalization from the 1980s, don’t look to slots opening up in the division of labour thanks to the liberal mindedness of advanced economies, look to the contrasting political economy of the Maoist PRC and India’s post-independence political economy. As Kapur and Subramian note: The great divergence between China and India did not begin in 1978 with the Deng reforms—it was well underway by then. In one of the great ironies of modern history, the conditions created by Maoism turned out to be a great launching pad for industrial globalization. As the comparison of India and China in 1980 makes clear, to imagine manufacturing would be equally distributed when populations are so differently endowed in terms of educational and nutritional is fanciful. Here is the data from Kapur and Subramanian, data which I explored back at the very beginning of Chartbook. As Kapur and Subramanian insist, the striking fact is that even as India’s growth accelerated from the 1980s, structural change has not. Formal employment in India lags woefully behind. Why? As Kapur and Subramanian note, the path-dependent impact of India’s poor early start was devastating. The list of factors they mention is long and weighty: We argue for a new five-fold explanation applicable at different stages of Indian history: in the initial stages, the legacy of two key pre-1980s policies, the neglect of agriculture and the strangling of the domestic private sector, were critical. The failure of broad-based agricultural growth militated against rural industrialization, which would have been devoted to satisfying local needs that would have necessarily been labour intensive. Then, when the boom came after 1980, the thicket of regulation and broader labour protections that were legislated prematurely in a nascent democracy, underpinned by a deep ideological aversion to private capital in general and big capital specifically, became a barrier to attaining the size that would be necessary to compete globally. Similarly, the reforms after 1991, while wide-ranging, did not quite encompass non-tradeable inputs critical to manufacturing, namely, land, logistics infrastructure and power. A combination of low investment (logistics infrastructure), regulation (land) and the continued monopoly supply by state governments (power), combined with residual socialism, kept costs at 75–100 per cent above efficient supply. These factors were compounded on the supply side by the government, which dominated the formal labour market and established exorbitantly high wages at the lower end of the skill spectrum. This made their employment in the labour-intensive sector by the private sector less attractive. Finally, when the services sector and its exports boomed, wages soared even further via a Dutch Disease effect: one successful tradeable sector killed and cannibalized another less-skilled tradable sector, namely, manufacturing. Thus, scarcity-inducing policies of the planning era, precocious democracy and a Gandhian aversion to size; inefficient, monopolistic supply of critical non-tradable inputs; the behemoth of government; and super-successful skill-intensive services successively undermined India’s unskilled labour employment opportunities. The employment failure seems to have been over-determined. … Less quantifiable but no less important are some of the sociological factors that have undermined manufacturing and factory jobs. Take the impact of the success of the IT sector—located in urban areas with better working conditions, such as air-conditioned offices, good schools for children and attractive entertainment options. It became a more attractive place for engineering and management graduates to flock to. … Consider manufacturing and female employment. Indian society makes it difficult for women to work, reflected in India’s unusually low female labour force participation (elaborated in Chapter XIII). Indian society, in particular the routine harassment of women in public spaces, makes it even more difficult for them to travel long distances to take up work.37 Combined with onerous regulations on creating hostels and dormitories for women—which, in turn, prevents multiple shifts of operation—factories need to be located in areas with a large female labour pool. While firms can take apparel plants to female labour or bring them to the plants by building large-scale dormitories, this raises costs. If there was a case for subsidies to encourage labour-intensive manufacturing, housing subsidies to build dormitories for women workers would be a good place to start. All of this meant, that when opportunities did open up, in part thanks to adjustments in China, India was in no position to take advantage. Here is the account of the 2020s from Kapur and Subramanian. It stands in dizzying contrast to the one-sided, “China squeeze” argument delivered in the Peterson and Foreign Affairs pieces: In 2022, for example, India’s share of global exports in clothing (the canonical labour-intensive sector) was 3.1 per cent compared to 32 per cent for China. This is extremely disappointing because China started vacating export space in this sector after the Global Financial Crisis as its wages started rising; it then vacated further space in the aftermath of geopolitical developments that led investors to seek alternative investment locations. Between its peak and today, China lost about 7.5 percentage points of global export share (worth about $43 billion in 2022); over this period, India’s export share remained stagnant at 3 per cent, while that of Vietnam and Bangladesh rose by 3.5 to 4 percentage points. China’s loss did not translate into any gain for India in terms of low-skill exports and employment. Put differently, when the conditions for dynamism and prosperity were established after 1991, and even more tantalizingly when the global export opportunities opened up, it was as if India was a high-wage economy and only skilled labour could benefit from the dynamism. It had converted its physically abundant unskilled workforce into an economically expensive resource, penalizing its use. It is not my mission here to argue for or against Kapur and Subramanian’s interpretation of India’s development trajectory. The point in this context is simply that the “China squeeze” such as it is can only be understood, in relation to the heavy burden of domestic constraints that Kapur and Subramanian so unsparingly enumerate. I am concentrating here on India because it is the great counterpart to China and the unspoken reference point of the “China squeeze” discourse. But the point is more general. Can anyone with a straight face suggest that the main problems afflicting the development of South Africa or Nigeria, the great centers of mass underemployment in sub-saharan Africa, are cheap competition from China driven by Beijing’s industrial policy and an undervalued RMB? Likewise, is the main problem of the American working-class the threat of Chinese competition or the manifest crisis of social reproduction in the United States itself? The point here, as in the discourse around China shock 2.0 in Europe, is to insist that we should not normalize the world and pathologize China, without actually investigating what is going on in America’s industrial wastelands, the German car industry, or India’s lopsided labour market. One-sided pathologization should be understood for what it is, a polemical gesture. Concepts like China shock and China squeeze are, what Reinhart Koselleck, following Carl Schmitt, would have described as “asymmetrische Kampfbegriffe”, or “asymmetrical counter-concepts” or “asymmetrical combat concepts”. If the function of arguments like the “China squeeze” is to alert elites in the rest of the world of the need to rejuvenate and energize their development projects, so be it. But let us see the resulting discourses as the mobilizing interventions that they are. Interestingly, a significant slice of China’s public sphere - the so-called industrial party - have been obsessed for the last twenty years with precisely these questions of counterfactual economic history. Since the mid 2000s, a massive online discourse developed around an alternative history in which Chinese techno-patriots were asked to imagine how they would proceed if they had the possibility of traveling back in time to transport modern technology into the Ming dynasty (1368-1644) thus averting the “great divergence” of the 18th and 19th centuries. It is a fantasy of course, but also a goad. The point was not directed at Westerners. The alternate history is dramatically nationalist, but few n the West had even heard of it until recently. The adherents of the industrial party are not liberal moralists. They don’t project natural ladders of international development and ask why others don’t cede space. They take the Realpolitik of global economic development for granted. Their pointe was directed against fellow Chinese. The rallying cry of the alternative narrative was this: Now that we are beginning to gain steam and push forward on our national development path, now that we are breaking out of the inferior position assigned to us even in the early years following WTO accession, do not lose yourself in humanistic imaginings about better futures. In the spirit of Deng, they called on China to embrace the hard truth of development. Perhaps one might of the Industrial Party as a cultural trend born out of desire for symbolic revenge against those who had inflicted the century of humiliation. In terms of the various temporalities of the “China shock” - retrospective, prospective and counterfactual - one might think of the Industrial Policy discourse as truly speculative, conjuring up the China shock that never was. Or perhaps one might better think of it as imagining a world in which a powerful China was no shock at all, but simply a defining fact of modern history. I love putting out Chartbook. I am particularly pleased that it goes out for free to thousands of subscribers around the world. But, writing this newsletter takes a lot of work. If you are enjoying it and would like to support the project, sign up for one of the subscription options here. It is the equivalent of a fancy cup of coffee per month! Subscribe

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Aug 5 • 7:18 AM EDT • Politics • adamtooze.substack.com
Scientists use gene editing to create hypoallergenic dogs

Scientists at a biotech company have used gene editing to create two hypoallergenic beagles that don't trigger allergies.

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Aug 5 • 7:00 AM EDT • Technology • apnews.com
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Crooked Letter Sports: 111 years of sports writing… | Ep. 308

In Tyler CLeveland's absence, 51-year Mississipppi sports writing vetran Billy Watkins joins the podcast to co-host with Rick Cleveland, who has been covering

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Aug 5 • 7:00 AM EDT • Sports • mississippitoday.org
'Iran War Participation Trophy' for Trump is on tour, joins Instagram

A 10-foot sculpture of a golden trophy made for President Trump by the anonymous arts activist group Secret Handshake is officially on tour, with an Instagram page and appearances in D.C., New York and Minneapolis.

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Aug 5 • 6:45 AM EDT • Entertainment • latimes.com
Nuclear waste delivers a political haymaker. Five states say it can be done.

From proposals to bury waste under the Gulf of Mexico to shooting canisters deep underground, GOP-led states mainly see economic opportunity.

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Aug 5 • 6:26 AM EDT • Politics • eenews.net
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😐 Neutral (7%)
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60%
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40%
Progressives and moderate Democrats both see wins in primary races while Trump flexes power over GOP

Everyone got a little bit of what they wanted in Tuesday's primary elections. It was a good night for the Democratic establishment, the progressives and Republican candidates endorsed by President Trump.

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Aug 5 • 6:08 AM EDT • Politics • npr.org
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Fauci woes could deter scientists from public service

It's part of a broader erosion of the federal health workforce.

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Aug 5 • 5:30 AM EDT • Health • axios.com
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Nicotine pouches can be marketed as 'lower risk' than cigarettes. Is that dangerous?

The FDA allowed some Zyn nicotine pouches to be marketed as "lower risk" than cigarettes. Public health experts agree they can help current smokers, but worry young people may become addicted.

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Aug 5 • 5:00 AM EDT • Health • npr.org
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Delaware Keeps Business Filing Edge as Texas Starts Fast Service

Although the creation of the Texas Express service is an improvement for Texas entities, the Delaware Division of Corporations still provides a superior level of speed, responsiveness, efficiency, and cost, write Francis G.X. Pileggi and Aimee Czachorowski.

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Aug 5 • 4:30 AM EDT • Business • news.bloomberglaw.com
Appalachia's black lung rates highest in nearly 50 years as miners' protections stall

Rates are now as bad as the 1970s, with thousands of miners sick and dying. Mining experts blame toxic silica dust, now more common in mines.

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Aug 5 • 4:01 AM EDT • Health • npr.org
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Opinion | Trump’s NSF cuts would undercut gold standard science

Trump says he wants better science, but his NSF budget would weaken reform.

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Aug 5 • 3:00 AM EDT • Science • bostonglobe.com
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ACR shares resource for helping patients use AI-generated radiology report summaries

The two-page explainer explores AI’s role in the specialty, the purpose of these summaries and now they can guide discussions with caregivers.

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Aug 5 • 2:56 AM EDT • Business • radiologybusiness.com
Malay nationalism surge threatens to end Malaysia’s reform experiment

Since becoming prime minister in 2022, Anwar has struggled to win over support from Malaysia’s Malay-Muslim majority.

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Aug 5 • 2:54 AM EDT • Politics • scmp.com
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Rad Partners’ Georgia affiliate signs in-network agreement with Anthem BCBS

Northside Radiology Associates said the pact will span multiple years and ensure Anthem members continue having uninterrupted, in-network access to diagnostic and interventional care.

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Aug 5 • 2:49 AM EDT • Business • radiologybusiness.com
Diamondbacks' Nolan Arenado: Goes deep in Tuesday's loss

Diamondbacks' Nolan Arenado: Goes deep in Tuesday's loss

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Aug 5 • 2:44 AM EDT • Sports • cbssports.com
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Padres' Jackson Merrill: Provides three hits in win

Padres' Jackson Merrill: Provides three hits in win

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Aug 5 • 2:31 AM EDT • Sports • cbssports.com
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75%
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25%
Tigers' Gleyber Torres: Launches homer in win

Tigers' Gleyber Torres: Launches homer in win

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Aug 5 • 1:51 AM EDT • Sports • cbssports.com
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67%
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33%
Rockies' Jordan Romano: Falters in save chance Tuesday

Rockies' Jordan Romano: Falters in save chance Tuesday

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Aug 5 • 1:24 AM EDT • Sports • cbssports.com
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Rays' Bryan Baker: Converts 32nd save

Rays' Bryan Baker: Converts 32nd save

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Aug 5 • 1:03 AM EDT • Sports • cbssports.com
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75%
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25%
PET imaging links psychosis to Alzheimer's-related brain findings

New imaging research suggests that many adults who develop psychosis-related hallucinations or delusions later in life show brain changes associated with AD and other neurodegenerative disorders.

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Aug 5 • 12:40 AM EDT • Business • radiologybusiness.com
Pirates' Endy Rodriguez: Pops sixth homer

Pirates' Endy Rodriguez: Pops sixth homer

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Aug 5 • 12:37 AM EDT • Sports • cbssports.com
☹️ Negative (-7%)
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100%
LLMs better than docs at providing clinical context for imaging orders

The inclusion of clinical indication is standard for imaging requisitions, but the information provided is often vague and leaves out useful context that could help radiologists.

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Aug 5 • 12:33 AM EDT • Business • radiologybusiness.com
AI generates personalized radiopharmaceutical therapy doses in under 23 seconds

The model has the potential to improve upon the one-size-fits-all dosing approach used for most RPT prostate cancer treatments.

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Aug 5 • 12:20 AM EDT • Business • radiologybusiness.com
Kansas just affirmed that abortion politics still matter - Live Updates

Voters rejected a measure that was yet another ploy to restrict the right to abortion in the state.

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Aug 4 • 11:23 PM EDT • Politics • politico.com
Blue Jays' Trey Yesavage: Slated for MRI

Blue Jays' Trey Yesavage: Slated for MRI

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Aug 4 • 11:05 PM EDT • Sports • cbssports.com
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A.J. Epenesa not inclined to discuss "weird situation" with Browns

Before Eagles defensive end A.J.

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Aug 4 • 10:18 PM EDT • Sports • nbcsports.com
Free agent TE Zach Ertz cleared for football activities

Free agent tight end Zach Ertz said in April that he didn't want his torn ACL to be the final act of his NFL career.

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Aug 4 • 9:19 PM EDT • Sports • nbcsports.com
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Buccaneers' Jalen McMillan: Held out of practice Tuesday

Buccaneers' Jalen McMillan: Held out of practice Tuesday

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Aug 4 • 8:42 PM EDT • Sports • cbssports.com
This year’s US News ‘best hospitals’ list has some standouts among the standouts

The latest lineup of America’s “best of the best” hospitals from US News & World Report is something of an embarrassment of riches for a few cities and health systems.

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Aug 4 • 8:41 PM EDT • Health • healthexec.com
Ask the Doc Town Hall to spotlight Breastfeeding Awareness Month and women's health

Wake County Public Health is hosting a free Aug. 13 town hall at the Southeast Regional Library to provide expert guidance on breastfeeding, maternal wellness and women’s health during Breastfeeding Awareness Month.

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Aug 4 • 8:00 PM EDT • Health • wake.gov
Isaiah Nwokobia: Reaches injury settlement

Isaiah Nwokobia: Reaches injury settlement

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Aug 4 • 7:22 PM EDT • Sports • cbssports.com
Mayor Ryan outlines enforcement plan for Chippewa Street entertainment district

Mayor Sean Ryan outlined his plan for Buffalo's Chippewa Street entertainment district following three weekends of heavy police enforcement in the area.

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Aug 4 • 6:16 PM EDT • Entertainment • wkbw.com
Aaron Donald looks to establish a media and entertainment footprint

As defensive tackle Aaron Donald focuses for now on whether he'll end a two-year playing hiatus in pursuit of a second Super Bowl ring, he's activating a longer-term vision for his post-football future.

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Aug 4 • 5:54 PM EDT • Entertainment • nbcsports.com
Are automated CT exams on the way? Cardiologist shares concerns about radiation, regulation

Former SCCT president Ed Nicol, MD, knows there has been interest in the potential of automated CT exams. However, he isn't so sure they are possible at this point in time for a number of reasons.

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Aug 4 • 5:39 PM EDT • Business • cardiovascularbusiness.com
AI for care of seniors: Who’s minding the recipe—and whose taste buds should hold sway?

It takes a team to develop, finance and implement a new healthcare AI model. As with any group endeavor, goal-focused cohesion can dissolve. This is a real risk when contributors feel there are too many cooks in the proverbial kitchen.

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Aug 4 • 5:30 PM EDT • Health • healthexec.com
Medtech company wants to help hospitals open radiation-free interventional MR labs

Minneapolis-based Imricor Medical Systems is asking hospital leaders to rethink the way they do business.

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Aug 4 • 3:59 PM EDT • Business • cardiovascularbusiness.com
Cardiovascular imaging contrast agent recalled due to risk of contamination

The recall was announced after testing revealed the presence of potentially harmful particulate matter. Customers were urged to return any unused vials immediately.

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Aug 4 • 3:49 PM EDT • Business • cardiovascularbusiness.com
Bemidji City Council votes to revoke business license of Siam Massage and Wellness Spa

Officials from the city of Bemidji and the Bemidji Police Department conducted multiple compliance inspections at Siam Massage, which the company failed.

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Aug 4 • 2:58 PM EDT • Business • bemidjipioneer.com
Massachusetts House primary spotlights Lowell's growing Cambodian political influence

State Rep. Tara Hong is challenged by former Lowell Mayor and current Lowell City Councilor Sokhary Chau for the 18th Middlesex District seat.

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Aug 4 • 2:49 PM EDT • Politics • wgbh.org
Braves' Ray Kerr: Back to full health

Braves' Ray Kerr: Back to full health

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Aug 4 • 2:37 PM EDT • Sports • cbssports.com
😐 Neutral (8%)
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67%
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33%
Carson Beck to start Hall of Fame Game for Cardinals

Cardinals fans will get their first chance to see rookie quarterback Carson Beck in game action on Thursday night.

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Aug 4 • 2:14 PM EDT • Sports • nbcsports.com
Small business work hours grew in July

Growth in the number of weekly hours worked at small businesses hit its highest level in over five years last month, according to Paychex.

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Aug 4 • 1:49 PM EDT • Business • accountingtoday.com
Jonathan Taylor may land a two-year extension

When it comes to running back contracts, much of the focus has been on the guys who are (or, as to one of them, were) holding in: Falcons running back Bijan Robinson and Lions running back Jahmyr Gibbs.

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Aug 4 • 1:30 PM EDT • Sports • nbcsports.com
New ASE guideline aims to improve workplace safety for cardiac sonographers

Work-related musculoskeletal disorders are a major safety concern in the field of echocardiography, impacting up to 90% of all cardiac sonographers.

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Aug 4 • 12:30 PM EDT • Business • cardiovascularbusiness.com
Paramount's David Ellison says critics don't get his politics

In an op-ed, Ellison tries to allay worries that he can be trusted to run CNN

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Aug 4 • 12:14 PM EDT • Politics • latimes.com
Commissioners vote to keep health insurance spending the same as 2026

The county will likely need to change health insurance plans to avoid an anticipated 20% increase for next year under its current plan.

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Aug 4 • 11:41 AM EDT • Health • grandforksherald.com
Falcons have spent plenty on core players this year

With the new contract for running back Bijan Robinson, the Falcons have recently given big deals to four young players who have become part of the nucleus of the team.

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Aug 4 • 11:07 AM EDT • Sports • nbcsports.com
Business News, Personal Finance and Money News

Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News

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Aug 4 • 10:47 AM EDT • Business • abcnews.com
Physics PhDs Are Leaving the US at a Record-high Rate

The exodus of non-US citizens has “certainly” been influenced by science funding and visa policy changes under Trump, a new AIP report says.

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Aug 4 • 10:07 AM EDT • Science • aip.org
Our favorite memories at the movies

As the box office heats up this summer, The Verge reflects on the magic of theaters

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Aug 4 • 10:00 AM EDT • Entertainment • theverge.com
Alvernia University Names Penn Medicine as Official Sports Medicine Provider

Reading, Pa. (August 4, 2026) - Alvernia University announced the selection of Penn Medicine as the official sports medicine provider to Alvernia Athletics on Wednesday.

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Aug 4 • 9:12 AM EDT • Sports • auwolves.com
Preserving History, Growing Business: How Two Charleston Entrepreneurs Find J.O.Y.

Small business owners find success in honoring their culture and cultivating local ties with TD.

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Aug 4 • 9:05 AM EDT • Business • stories.td.com
Fire Emblem: Fortune's Weave Direct Reveals True Protagonist And

There's more to Fortune's Weave than meets the eye

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Aug 4 • 8:00 AM EDT • Technology • gameinformer.com
Longtime Health Educator, Internship Coordinator Named Maxwell Professor of Practice

Susan Coots brings expertise in family planning and reproductive health to her new faculty role, teaching and mentoring public health students.

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Aug 4 • 8:00 AM EDT • Health • maxwell.syr.edu