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Politics May 17, 2026

The Billionaire Class Trauer: How Wealthy Democrats Are Embracing Populism

Billionaire hedge fund founder Tom Steyer is running for California governor on a platform of taxin…
The Billionaire Class Trauer: How Wealthy Democrats Are Embracing PopulismTom Steyer has built his campaign for governor of California around affordability – and taxing the uber-wealthy. It is perhaps an unusual message for a candidate with an estimated net worth of $2.4bn. But the hedge fund founder-turned climate activist and liberal mega-donor is pitching himself as a different kind of billionaire: one who wants people like him to pay far more in taxes.The Billionaire Populist StrategyAs early voting ballots trickle in for the 2 June primary, Steyer, a leading candidate in the unsettled contest, is racing to convince Californians that his elect-the-rich-guy-to-eat-the-rich candidacy isn't a contradiction. "People are very skeptical of billionaires," Steyer, wearing a beige baseball cap with the words "class traitor" embroidered on it, told a small group of reporters at a campaign event in East LA on Wednesday. "I'm skeptical of billionaires because we've seen so many billionaires being selfish and arrogant."The Rise of Anti-Billionaire SentimentSteyer's campaign arrives at a particularly combustible political moment in the US, shaped by a surge in anti-elite populism, widening income inequality and growing suspicion of billionaire power across both parties. A survey conducted last year by the Harris Poll found that the share of Americans who said billionaires threaten American democracy rose to 53%, up 7 points from 2024. At the same time, nearly eight in 10 respondents said they were more likely to support a billionaire who "challenges unjust systems."California's Affordability Crisis and Political ResponseAnti-rich sentiment is especially pronounced in the Golden State, which boasts the world's fourth largest economy and more billionaires than any other US state. Yet California faces a deep affordability crisis, leaving many voters searching for a governor who will do more than take on the billionaire in the White House. They want someone who will "upend the system," said Lorena Gonzalez, president of the powerful California Federation of Labor Unions.The Democrat's Billionaire DilemmaA decade after Trump, a billionaire real estate mogul, proved he could harness working-class discontent, Democrats see a chance to rebuild their frayed coalition and win back the voters squeezed by the rising cost of rent, utilities and groceries. Ahead of the November midterm elections, Democrats are hammering Trump over his coziness with Silicon Valley billionaires and his preoccupation with building a ballroom at the White House, evidence, they say, that the president's party has abandoned working class voters in favor of a new gilded-age oligarchy.Wealthy Progressives Across AmericaSteyer is not the only Democrat testing the party's appetite for a populist from the 1%. In Illinois, Governor JB Pritzker, a scion of the Pritzker family that founded the Hyatt hotel chain, is running for a third term – and widely believed to be considering a presidential bid in 2028. Other wealthy progressives include Saikat Chakrabarti, a centimillionaire tech entrepreneur and former chief of staff to Ocasio-Cortez who is self-funding his anti-establishment bid to succeed retiring former House speaker Nancy Pelosi in San Francisco.A Historical Perspective on Wealthy DemocratsWealthy Democrats are hardly a new phenomenon. From Franklin Roosevelt's patrician roots to John F Kennedy's vast family fortune, the party has a history of elevating affluent political leaders who framed their privilege as a responsibility to serve the public. As Cas Mudde, a leading scholar of populism, noted by email, "socialists have long been led by 'class traitors' (eg Friedrich Engels) or have supported rich politicians and intellectuals (for example Bernie Sanders and Noam Chomsky)."The Future of Populist PoliticsAmid a volatile job market and escalating inflation, voters want leaders who understand their economic struggles. In California, with the nation's highest cost of living and gas prices topping $6 per gallon amid the Iran war, that demand is particularly urgent. Perhaps then it is a sign of the times that if Steyer advances to the November general election, Californians would likely have the chance to elect a billionaire for governor and impose a first-of-its-kind wealth tax on the state's richest residents.
#Tom Steyer #Wealth Tax #California Politics
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Sports May 17, 2026

Leicester set sights on top two after running riot at Sale to seal Prem playoff place

Leicester Tigers secured a convincing victory over Sale Sharks, securing a playoff spot in the Prem…
The Lead: Leicester's Path to Playoffs SecuredThis emphatic bonus-point win was another forcible reminder that Leicester are on the march again, with the Tigers consummately professional, ruthlessly efficient and clinical with the chances that came their way. Whether or not they can go on to reach the Prem Rugby final and lift the trophy on 20 June remains to be seen, but that they are heading in the right direction under Geoff Parling's guidance is undeniable.The Event Details: A Dominant Display at SaleLeicester, overflowing with self-belief and a collective desire, had to settle for seven tries but they might have scored more on a day when they secure a playoff place with two games to spare. Now they have a top-two finish and a home semi-final in their sights, which seems likely to be decided when they head to Bath on the final day in a shootout for second place with Northampton favourite to finish top.Parling's men, still bubbling from their 41-17 home win over Saints Northampton eight days earlier, oozed confidence from the off as they made hay in the sunshine. They were 28-12 up and in total control at the break, the bonus point secured with first-half tries from the captain Ollie Chessum, Jamie Blamire, Joaquin Moro and Joe Heyes on his 100th Leicester start.The Data Analysis: Statistical DominanceLeicester's forwards had a field day and two of them combined for the opening score with less than two minutes played. Hanro Liebenberg embarked on a marauding run in the left channel before finding Ollie Hassell-Collins, who showed intelligence to send Chessum galloping over the line. The England lock was celebrating even before he touched down and from there the Tigers did not look back.Leicester began knocking on Sale's door again and the irrepressible Heyes barged through more flimsy defending for their fourth try as half-time approached. Sanderson replaced Quirke with Gus Warr at the break but Leicester continued to fizz with energy, scoring their fifth try two minutes after the interval when Will Wand arrived at pace to ground the ball.From that point, there was little response from Sale as the Tigers continued to roar. Their sixth try arrived in the 55th minute and it was a beautifully-worked effort as Orlando Bailey, who replaced the injured James O'Connor early on, found Adam Radwan before his exquisite long pass sent Hassell-Collins over in the left corner.The Impact Analysis: Playoff Race ImplicationsFor Sale this season cannot end soon enough. Alex Sanderson's side are the only team to have reached the playoffs in each of the previous three seasons. Yet the 2025-26 campaign has been one of major regression, a pronounced let down for a club who have not won a major trophy since their solitary Premiership title success in 2006.Not much has gone right for Sale since they so gloriously toppled Leicester at a rain-soaked Twickenham almost 20 years ago under the guidance of Philippe Saint-Andre. This latest setback saw them lose four successive home games for the first time in their Prem history and marked their seventh defeat in their last eight matches.The hosts then restored a semblance of respectability with tries from captain Ernst van Rhyn, flanker Sam Dugdale and Arron Reed in the final quarter to secure a losing bonus point and soften the lop-sided scoreline.The Prediction: Leicester's Future ProspectsLeicester's emphatic victory has firmly placed them in the driver's seat for a top-two finish, which would guarantee a home semi-final in the Premiership playoffs. With Northampton expected to finish top, the battle for second place will likely be decided when Leicester travels to Bath on the final day of the season.Under Geoff Parling's guidance, the Tigers have shown remarkable improvement and self-belief. Their clinical performance against Sale, coming on the heels of their strong victory over Northampton, demonstrates that they have the momentum and confidence to challenge for the ultimate prize.As the season approaches its conclusion, Leicester will look to maintain this form and secure favorable positioning in the playoffs. Their ability to dominate matches, secure bonus points, and perform consistently against top opposition suggests they are genuine contenders for the Premiership title on June 20th.
#Leicester Tigers #Sale Sharks #Premiership Rugby
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Sports May 17, 2026

Calvert-Lewin's Late Goal Dents Brighton's European Hopes as Leeds Secure Victory

Dominic Calvert-Lewin's late goal secured a 1-0 victory for Leeds over Brighton, significantly impa…
The Late Goal That Changed European FortunesBrighton's hopes of European football next season took a significant hit as Dominic Calvert-Lewin's late goal secured a 1-0 victory for Leeds at Elland Road. The result leaves the Seagulls needing a positive result against Manchester United in their final match to secure continental competition next season.Key Moments in a Tightly Contested MatchThe match was evenly contested throughout, with both teams creating chances but failing to convert them until the decisive moment. Brighton had the better of the possession and created several opportunities through Pascal Gross and Danny Welbeck, but Leeds remained dangerous on the counter-attack. The turning point came when Jan Paul van Hecke's loose pass was intercepted by Calvert-Lewin, who rounded the goalkeeper and slotted home his 14th league goal of the season.Standings Implications for Both TeamsFor Leeds, the victory extends their unbeaten run in the Premier League to eight games and ensures they will finish well clear of the relegation zone. The result represents a remarkable turnaround for the team, who faced relegation concerns around the turn of the year. Brighton, meanwhile, drops points that could prove costly in their pursuit of European qualification, though they remain in eighth place with one match remaining.Brighton's European Hanging in the BalanceBrighton's chances of qualifying for the Champions League are now all but gone, with the team needing a combination of results to secure a spot in Europe's elite competition. Their most realistic path to European football now lies in securing eighth place, which would guarantee a spot in the Conference League. However, even this is now in doubt following their defeat to Leeds, and they will need to beat Manchester United at home next weekend to secure their European fate.Final Matchday Drama AheadThe final weekend of the Premier League season promises drama for both teams. Leeds will look to build on their strong finish when they face Everton, while Brighton faces a must-win match against Manchester United. For Brighton, the result could determine whether they achieve European football for the first time in the club's history, while Leeds will aim to continue their impressive form and secure a strong finish to their campaign.
#Leeds United #Brighton #Premier League
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Sports May 17, 2026

Sunderland Stuns Everton with Commanding Win, Boosts European Hopes

Sunderland secured a commanding win over Everton, boosting their chances of European qualification.…
The Shocking Turn of Events at Hill Dickinson Stadium Sunderland have made themselves quite at home at Hill Dickinson Stadium. Not content with knocking Everton out of the FA Cup here in January, Regis Le Bris’ side returned to end David Moyes’ slim prospects of European qualification with a commanding win that gives them an outside chance of reaching the Europa or Conference League. Everton's Disappointing Performance Everton took the lead through Merlin Röhl’s first goal for the club but their dismal end to the season continued as the visitors ran riot in the second half. Brian Brobbey, Enzo Le Fée and substitute Wilson Isidor were all on target as Sunderland leapfrogged their hosts into ninth. The Financial and League Impact Sunderland moved up to ninth in the Premier League table. Everton's winless run extends to six matches. The win gives Sunderland an outside chance of reaching the Europa or Conference League. The Reason Behind Everton's Struggles Despite hopes of European football giving an edge to the Everton performance, the game had a real end-of-season feel until Röhl opened the scoring with a deflected shot from 18 yards. Sunderland had been the better team until the hosts started to perform with some overdue urgency in the closing stages of the first half. The Future Outlook for Both Teams The loss dashes Everton's hopes for European football, while Sunderland's win boosts their chances. The visitors took the lead when substitutes Habib Diarra and Isidor combined to find Chemsdine Talbi, another second-half introduction, inside the area. Talbi had the presence of mind to square to Le Fée, who squeezed a shot past Pickford under little pressure from Ndiaye. Diarra and Isidor dissected Everton again to seal victory in stoppage time.
#Sunderland #Everton #Premier League
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Politics May 17, 2026

Georgia Primary 2026: Senate, Governor and State Races Shape Midterm Outlook

Georgia’s Tuesday primary will decide the Republican challenger to Democrat Jon Ossoff and the Demo…
Lead: Georgia’s Primary Sets the Stage for a Pivotal MidtermGeorgia voters head to the polls on Tuesday, casting ballots in a crowded Republican Senate primary, a contested Democratic gubernatorial primary, and numerous state‑wide races that will influence the 2026 midterm balance of power.Who’s on the Ballot: Senate and Gubernatorial ContendersU.S. SenateJon Ossoff – incumbent Democrat, unopposed in his primary.Mike Collins – U.S. Representative, leading fundraiser, under ethics probe.Buddy Carter – U.S. Representative, aligns closely with former President Trump.Derek Dooley – former college football coach, endorsed by Gov. Brian Kemp as a moderate option.Jonathan McColumn – former U.S. Army General, would become the second Black Republican senator if elected.John Coyne – businessman.Governor’s RaceKeisha Lance Bottoms – former Atlanta mayor, leading Democratic field with support in the high 40s.Michael Thurmond – former DeKalb County executive.Geoff Duncan – former Republican lieutenant governor, running as a Democrat.Jason Esteves – state senator, positioned as a progressive.Rick Jackson – billionaire, top Republican pollster.Burt Jones – Trump‑endorsed lieutenant governor.Brad Raffensperger – state election official known for resisting Trump’s 2020 claims.Chris Carr – state attorney general.Poll Numbers and Early‑Voting Turnout: The Hard DataEarly voting has already attracted a record one million Georgians. Recent Republican Senate primary polls show:Mike Collins – ~22% supportBuddy Carter – ~12.5% supportDerek Dooley – ~11% supportDemocratic gubernatorial polls place Keisha Lance Bottoms in the high 40% range, well ahead of her nearest rival. On the Republican side, billionaire Rick Jackson leads, with Burt Jones close behind.Why the Primary Matters: Senate Control, Redistricting, and Trump’s InfluenceThe Senate seat is critical for Democrats’ effort to reclaim a majority in the U.S. Senate, as Jon Ossoff is one of only a handful of Democratic incumbents up for re‑election. Control of the governor’s office and other statewide posts will shape Georgia’s redistricting agenda; Gov. Brian Kemp has called a special session in June to redraw congressional maps ahead of the 2028 election, a move aligned with former President Trump’s national redistricting push.Election‑administration roles such as secretary of state and attorney general are also on the ballot, meaning the primary will determine who oversees future voting processes in a state that was a focal point of the 2020 election‑integrity controversy.Looking Ahead: Possible Run‑offs and Midterm ImplicationsIf no Republican Senate candidate reaches the 50% threshold, a June 16 run‑off will be triggered, extending the intra‑party battle and potentially reshaping the general‑election matchup against Jon Ossoff. The outcomes of the gubernatorial and down‑ballot races will influence Georgia’s redistricting map, which could affect congressional competitiveness for years to come. Early‑voting enthusiasm and the fragmented Republican field suggest a competitive primary landscape, while Democrats appear positioned to maintain their Senate seat and possibly flip the governor’s mansion.
#Georgia #Jon Ossoff #Mike Collins
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Sports May 17, 2026

Fabio Di Giannantonio Wins Shortened Catalan MotoGP After Marquez Crash

Fabio Di Giannantonio of VR46 Racing won the shortened Catalan MotoGP after a series of crashes, in…
The Lead Fabio Di Giannantonio of VR46 Racing claimed victory at the Catalan Grand Prix on Sunday in extraordinary circumstances, taking the chequered flag after a race that was red-flagged twice due to multiple crashes. The Event Details The Italian secured only his second MotoGP victory and VR46 Racing's first since the Indian Grand Prix in 2023, but the triumph was overshadowed by serious incidents that sent Alex Marquez and Johann Zarco to hospital. Di Giannantonio finished first, with Honda's Joan Mir in second and Gresini Racing's Fermin Aldeguer in third. The race was originally scheduled for 24 laps but was reduced to 12 laps due to the multiple red flags. The Crashes The drama began on lap 12 when race leader Pedro Acosta's KTM suddenly lost power on the straight near turn 10 and Gresini Racing's Marquez, running second, had no time to react as he crashed into the back of the stricken machine. The second red flag came after an even more chaotic restart, when LCR Honda's Zarco braked late on turn one of the first lap and took out Ducati's Francesco Bagnaia and Honda's Luca Marini in a three-rider pile-up. The Impact Analysis Both Marquez and Zarco were taken to hospital for further examinations, though the medical team confirmed they were conscious. The incidents left the final standings uncertain, with six riders being investigated for their tyre pressures. The Prediction Di Giannantonio's win extended his team's lead in the championship, with Marco Bezzecchi finishing sixth and increasing his lead over Jorge Martin to 13 points. The next MotoGP event will be the Italian Grand Prix in Mugello, where riders will look to recover and compete again.
#MotoGP #Fabio Di Giannantonio #Alex Marquez
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Sports May 17, 2026

Manchester United Edges Past Nottingham Forest as Bruno Fernandes Equals Assist Record

Manchester United secured a 3-2 victory over Nottingham Forest, with Bruno Fernandes equaling the P…
The Match in Context Manchester United edged past Nottingham Forest 3-2 in a highly contested match, with Bruno Fernandes equaling the all-time Premier League assist record. The victory was overshadowed by controversy, including a disputed goal and a lengthy VAR check. The Event Details The match began with Luke Shaw scoring his first United goal in over three years, but Morato equalized for Forest in the second half. The game took a dramatic turn when Matheus Cunha's goal was initially disallowed but then awarded after a lengthy VAR check for handball against Bryan Mbeumo. The Data Analysis Bruno Fernandes now has 20 assists in the Premier League this season, equalling the record. Manchester United has won their final home game of the season. The victory helps United secure a spot back in Europe's top table. The Impact Analysis The win boosts Michael Carrick's side to third in the Premier League, highlighting the progress made under his management. However, Carrick knows that significant investment is needed to make the squad competitive on all fronts next season. The Prediction With this momentum, Manchester United is expected to continue their upward trajectory. The focus will now shift to the upcoming transfer window, where the club will look to strengthen their squad to compete on multiple fronts.
#Manchester United #Nottingham Forest #Bruno Fernandes
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Business May 17, 2026

Long Island Rail Road Strike Enters Second Day

The Long Island Rail Road, North America's largest commuter rail system, remained shut down on Sund…
The Long Island Rail Road Strike Continues The shutdown of the Long Island Rail Road, North America’s largest commuter rail system, continued into a second day on Sunday after unionized workers went on strike for the first time in three decades a day earlier. Details of the Strike The railroad, which serves New York City and its eastern suburbs, ceased operations just after midnight Friday after five unions representing about half its workforce walked off the job. The strike is over salary and healthcare premium issues. No new negotiations have been scheduled. The Impact on Commuters The walkout promises to cause headaches for sports fans planning to see the Yankees and Mets battle this weekend or to watch the Knicks’ playoff run at Madison Square Garden, which is located directly above the railroad’s Penn Station hub in Manhattan. If the stoppage continues into the workweek, the roughly 250,000 people who ride the system each weekday will be forced to find other routes to the city from its Long Island suburbs. The Response from Officials Kathy Hochul, the New York governor, who has urged commuters to work from home, planned a news conference for late Sunday morning. Donald Trump responded on his Truth Social platform, saying he had nothing to do with the strike and “never even heard about it until this morning”.
#Long Island Rail Road #New York #MTA
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Business May 17, 2026

Thames Water Investors Warn Nationalization Would Delay Recovery Amid £10bn Rescue Deal

Thames Water investors warn that temporary nationalization would delay the company's recovery as th…
The LeadInvestors in Thames Water have warned the Labour government that temporary nationalization would slow the company's turnaround, as they finalize a £10bn rescue deal to prevent the company from running out of money by November. The warning follows calls from Greater Manchester mayor Andy Burnham to put key utilities under public control.The Rescue Deal DetailsThames Water is on the brink of agreeing a rescue deal led by creditors, specifically the London & Valley Water consortium. The deal would require six weeks of consultation over the summer and about a month to consider responses before implementation. The consortium argues this market-based solution is "the fastest and most reliable route to solving Thames Water's complex problems, without any government funding or cost to taxpayers."The Financial Crisis and Market ResponseThames Water faces a critical financial situation with £17.6bn debt accumulated since privatization. The company urgently needs £10bn to stabilize operations, fund improvements, clean up local rivers, and achieve compliance. Investor concerns about potential nationalization caused a sharp market reaction, with shares of Severn Trent and Pennon falling by more than 8%, and United Utilities dropping by more than 6%.Political Divide Over Water Industry FutureThe situation highlights a growing divide within the Labour Party over the future of water utilities. While Prime Minister Keir Starmer's government supports an industry solution, leadership contenders like Andy Burnham advocate for renationalization, suggesting "put more things back under stronger public control: energy, housing, water, transport." This political uncertainty adds complexity to Thames Water's recovery efforts.Future Outlook for Thames WaterWithout a successful rescue deal, Thames Water could be placed in a "special administration regime" under which a government-appointed administrator takes charge – effectively a form of temporary nationalization. The water regulator Ofwat is reportedly poised to accept "undertakings" from the company, which would commit to fixing underlying issues rather than imposing penalties. The coming months will be critical in determining whether a market-based solution or public intervention will guide Thames Water's future.
#Thames Water #Andy Burnham #Labour Party
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