The ‘big beautiful’ budget vs the bond market

Northumberland National Park plans to display the remains of the Sycamore Gap tree, felled in a vandalism incident last year, at The Sill: National Landscape Discovery Centre. Two men, Adam Carruthers and Daniel Graham, were sentenced to four years in prison for the act, which sparked widespread public outrage and highlighted the tree's cultural significance. Explain It To Me Like I'm 5: A famous tree called the Sycamore Gap tree was cut down by two...

Connecticut Gov. Ned Lamont recently signed a law to maintain fluoride levels in drinking water, while states like Florida and Utah have banned its addition amid growing public opposition. Critics, including Arkansas Sen. Bryan King and Health and Human Services Secretary Robert F. Kennedy Jr., cite health concerns, but proponents argue fluoride is essential for dental health, supported by decades of research. Explain It To Me Like I'm 5: Connecticut has decided to keep fluoride...

The EU has selected Ediphy to create a consolidated tape for bonds, aiming to enhance market transparency and efficiency by capturing over 90% of trades in real-time. While this initiative promises to lower transaction costs and improve price discovery, it may complicate block trades for dealers due to increased transparency in a fragmented market. Explain It To Me Like I'm 5: The EU is finally creating a system that will show all bond trades in...

Old Young’s Kitchen in Swan Valley will permanently close after over three years of operation, with its last day of service on August 24th. The closure has saddened many locals, who shared their fond memories and experiences at the restaurant, known for its local produce and in-house distilled gin. Explain It To Me Like I'm 5: Old Young's Kitchen is closing after three and a half years, and many people in the area are very...

The UK's Defence Secretary, John Healey, expressed discomfort over the government's use of a super-injunction to conceal a significant data breach involving personal information of nearly 20,000 Afghan individuals linked to UK forces. He stated that although the super-injunction was necessary for court proceedings, ministers must account for such decisions, highlighting that an independent review suggests the risk from the data leak is now minimal. Explain It To Me Like I'm 5: The UK's defense...

A New York carriage driver, Ian McKeever, is on trial for misdemeanor animal cruelty after his horse, Ryder, collapsed during a carriage ride on a hot day in August 2022. Prosecutors allege McKeever overworked Ryder despite signs of distress, while his defense argues the horse was well cared for and simply tripped; the case highlights the ongoing debate over horse-drawn carriages in the city. Explain It To Me Like I'm 5: A carriage driver is...