u/coinfanking

Last week we noted that we faced a period of instability for Treasuries. Since then, the US 10yr yield hit 4.6% last Friday, and today has just hit 4.65%. The overshoot and instability feared is upon us. The big driver? Higher real yields. There are reasons to fear this could be more structural than transitory

The big move up in yields in the past week has not come from higher inflation expectations but rather from higher real yields

The Louisiana senator, who lost his primary over the weekend, voted in support of the war powers resolution for the first time. It advanced 50-47, with a final passage vote yet to come.

A Senate Republican spurned by President Donald Trump joined Senate Democrats to handcuff his war powers in Iran and provided the key vote to advance a war powers resolution through a key hurdle.

Sen. Bill Cassidy, R-La., who lost his primary bid over the weekend, sided with Senate Democrats in their war of attrition to curtail Trump's policing powers in the Middle East. It comes after Democrats successfully gained another defector, Sen. Lisa Murkowski, R-Alaska, last week. 

Arsenal Premier League champions after Man City draw at Bournemouth

Cherries confirm their place in Europe next season

Guardiola expected to leave City at end of season with Maresca lined up as replacement

Inside Arsenal's title win

Chelsea 2-1 Tottenham Hotspur - Fernandez scores from distance before Santos second, but Richarlison pulls one back

A Spurs point would effectively relegate West Ham

Denise, a patient of famous Beverly Hills, Calif., surgeon Dr. Carl Truesdale, was shocked to receive comments from all corners of the internet after undergoing plastic surgery.

Kars4Kids must stop broadcasting its widely known catchy jingle in advertisements across California after a judge found that the nonprofit group violated the state’s false advertising and unfair competition laws.

Orange County Superior Court Judge Gassia Apkarian issued the May 8 ruling against Kars4Kids and its jingle featuring children dancing and singing. The decision came in a lawsuit filed by a California man who argued that the ad prominently features young children, even though some of the proceeds are directed toward programs benefiting Israel trips for elder teens.

France's film industry is reeling after its biggest production company – Canal+, owned by right-wing billionaire Vincent Bolloré – announced it would no longer work with some 600 professionals who signed a petition opposing Bolloré and the "grip of the far right" on cinema. The fallout is highlighting some uncomfortable truths about the industry's reliance on one company.

A newly discovered asteroid the size of an adult blue whale is set to fly past Earth today (May 18) at 24% of the average Earth-moon distance, and you can watch the event unfold in real time from the comfort of your home with this Virtual Telescope Project livestream.

The near-Earth asteroid 2026 JH2 was discovered on May 10 by the Mount Lemmon Survey in Arizona. Follow-up observations estimate the asteroid measures between 52 and 114 feet (16-35 meters) based on its apparent brightness, according to ESA.

2026 JH2 will make its closest approach to Earth at 5:23 p.m. (2123 GMT) on May 18, when it passes within 56,628 miles (91,135 kilometers), while traveling at 19,417 mph (31,248 km/h) relative to Earth.

A federal jury ruled against Elon Musk in his lawsuit accusing OpenAI of abandoning its nonprofit roots, finding that neither the tech company nor CEO Sam Altman could be held liable in the matter because Musk waited too long to bring the case.

The jury delivered a unanimous verdict after deliberating for less than two hours on Monday morning. They found all of Musk’s claims against the company and Altman to have exceeded the statute of limitations.

Musk was a co-founder of OpenAI in 2015, but left the artificial intelligence (AI) startup in 2018 after he was unable to persuade its other leaders to have OpenAI merge with Tesla or create a for-profit entity led by him to attract the investment needed to meet the company's technological needs.

After five Italian divers died while exploring a deep underwater cave off the Maldives, families of the victims are demanding answers.

Monica Montefalcone, 52, an associate ecology professor at the University of Genoa, and her daughter, Giorgia, 20, were among the dead, according to The Associated Press (AP).

In an interview with local newspaper La Repubblica, Montefalcone's husband, Carlo Sommacal, said his wife "would never have put the life of our daughter or other kids at risk."

Gianluca Benedetti was found dead near the cave entrance shortly after the group disappeared.

The victims included marine researchers and experienced divers. Among them: Monica Montefalcone, an ecology professor at the University of Genoa; her daughter, Giorgia Sommacal; marine biologist Federico Gualtieri; researcher Muriel Oddenino; and diving instructor Gianluca Benedetti, according to the Maldivian government.

"Something must have happened," he said in a different interview with an Italian television station, according to AP.

The divers were in an underwater cave near Alimathaa, a dive site, in Vaavu Atoll, AP reported.

The cause of the deaths remains under investigation.

Authorities believe the bodies of the four remaining divers are trapped deep inside a cave system about 160 feet underwater near Vaavu Atoll.

Vaavu Atoll is a chain of islands in the central Maldives, located southwest of Sri Lanka and India.

Authorities were alerted after the divers failed to surface by midday Thursday, when weather conditions were rough, per AP.

The World Health Organization (WHO) declared an Ebola outbreak in the Democratic Republic of Congo and Uganda a “public health emergency of international concern” on Sunday, after the virus killed nearly 90 people and spread across multiple regions, including cross-border infections and suspected cases in major cities.

The outbreak, first detected in eastern Congo’s Ituri province, has now resulted in at least 88 deaths and more than 300 suspected cases, according to health authorities. Officials said the virus has also reached Uganda, where at least two laboratory-confirmed cases were linked to travelers from Congo, including one death in the capital, Kampala. .

WHO officials said the outbreak does not meet the criteria for a pandemic emergency but warned of a “high regional risk” due to population movement, porous borders, and ongoing transmission in multiple health zones.

Health officials said the outbreak is being driven by the Bundibugyo strain of Ebola, a rare variant first identified in Uganda in 2007. The strain has been reported in two previous outbreaks and has no approved virus-specific therapeutics or vaccines, according to the WHO.

The virus is transmitted through direct contact with bodily fluids, including blood, vomit, and other contaminated materials, and becomes contagious once symptoms appear. Those symptoms can include fever, vomiting, diarrhea, muscle pain, and internal or external bleeding.

Tom Brady made his catwalk debut on May 16

The retired NFL star walked the runway during the Gucci Cruise 2027 collection fashion show in New York City

Others involved in the show included Paris Hilton, Emily Ratajkowski and Cindy Crawford

Tom Brady is in his fashion era.

The retired NFL star, 48, made his catwalk debut during the Gucci Cruise 2027 collection fashion show on Saturday, May 16.

Taking place in Times Square in New York City, Brady wore a head-to-toe all-black leather look as he strutted down the runway.