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Why Manchester United have been better than their results

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With just two Premier League wins since the start of April, it seems only a fool would say that Manchester United have been improving under Ruben Amorim…and yet that’s exactly what the stats suggest.

While only Tottenham have taken fewer points in their last 10 games, United’s underlying numbers suggest their performances have deserved more and, if anything, it’s the players who have underperformed more than Amorim and his much-maligned formation.

We’ve excluded penalties to show how good United have been at creating and restricting chances themselves, rather than relying on opposition clumsiness or shirt-pulling like they did to score the winner against Burnley.

As you can see, United have taken the most shots in the Premier League in the last 10 games, while only rivals Manchester City – Sunday’s Premier League opponents – have faced fewer among the 17 sides ever-present during the time frame.

The big problem has been scoring and saving them, with United’s players scoring seven goals fewer than Premier League players have historically from the chances they’ve had and conceding four goals more.

Key takeaways from Virginia special election, Boston mayor's race

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Democrats scored a win in the race to replace the late Rep. Gerry Connolly (D-Va.) in Virginia’s 11th Congressional District, narrowing the Republican majority in the House of Representatives. 

Fairfax County Supervisor James Walkinshaw (D) handily defeated Republican Stewart Whitson, a former FBI agent, in the heavily Democratic-leaning district on Tuesday. The race offered some insight on what to watch out for ahead the state’s gubernatorial elections in November. 

Additionally, Boston held its nonpartisan mayoral primary, setting up a November showdown between incumbent Mayor Michelle Wu (D) and nonprofit executive Josh Kraft, who is the son of New England Patriots own Robert Kraft. 

Here are key takeaways from Tuesday’s special elections: 

House Republican majority narrows 

While Walkinshaw’s victory is no surprise, it’s notable because it will impact the Republican majority in the House of Representatives. Connolly’s seat was one of three Democratic vacancies, leaving Republicans with a 219-212 majority. 

Those vacancies have likely helped Republicans during crucial votes this year, including the vote to pass the GOP spending megabill, also known as President Trump’s “big, beautiful bill,” in May. That legislation passed by just one vote. 

However, Walkinshaw’s victory will narrow the GOP majority to 219-213 once he’s sworn in, meaning Johnson will only be able to lose two votes from his conference. Johnson and House Republicans are already grappling with an upcoming government funding deadline. 

The remaining two Democratic vacancies in the House are the seats held by the late Reps. Sylvester Turner (D-Texas) and Raul Grijalva (D-Ariz.), who both passed away earlier this year. Former Rep. Mark Green (R-Tenn.) resigned earlier this year, leaving Republicans with one vacancy. 

Democrats add to their special election streak 

While Democrats have struggled to unify during the first year of Trump’s second administration, the party has seen a number of special election wins across the country. 

Like in Virginia’s 11th Congressional District, the party has seen widely expected wins in safe Democratic strongholds. In January, Democrats predictably came out on top in two special state legislature elections in Northern Virginia. 

But Democrats have also pulled off some upsets this year, winning contested state legislature races in Iowa and Pennsylvania, as well as a Wisconsin state Supreme Court race. The next contested special election to watch will take place later this month in Georgia, where a Democrat will face off against a Republican in a runoff election to fill a state Senate seat. The Republican in that race, however, is heavily favored.

Democrats argue that the string of special election wins prove there is enthusiasm from their base despite frustrations with their party.

“Rep-elect Walkinshaw’s victory continues the dominant trend we’re seeing so far this year – Democrats are massively overperforming in nearly every race,” Democratic National Committee Chair Ken Martin said in a statement. 

However, Republicans note that off-year special elections are rarely indicative of turnout in major election years. 

Win adds to Dem enthusiasm for governor’s race

While the margins in the race are likely to change slightly after Tuesday, Walkinshaw’s win appeared to surpass former Vice President Harris’s (D) margin of victory in the district last year. 

Harris won the district by 34 points in November, but as of Tuesday night, with 57 percent of the vote reported, Walkinshaw led Whitson by over 50 points.

It’s a promising sign for Virginia Democrats running in November’s races, which include contests for governor and lieutenant governor. While Northern Virginia is not considered the most competitive portion of the state, strong Democratic turnout in the region is essential for a statewide win for the party. 

Washington, D.C.’s suburbs, as well as other portions of Virginia, have been heavily impacted by the Trump administration’s cuts to the federal workforce under the Department of Government Efficiency. Virginia Democrats, including Walkinshaw and gubernatorial candidate Abigail Spanberger, have made the impact of the cuts one of the central parts of their campaign messaging. Tuesday’s special election win for Democrats could be the first sign that messaging is energizing the Democratic base. 

Boston readies for Dem face-off in November

Wu will face off against Kraft in the city’s mayoral race this November after both Democrats advanced to the general election.

Wu, who is seeking a second term, and Kraft each advanced out of Tuesday’s nonpartisan primary. 

Wu held a commanding 65 percent lead on Tuesday evening while Kraft trailed at 30 percent. Candidates Robert Cappucci and Domingos Darosa came in at 3.2 and 1.7 percent support respectively. 

An Emerson College survey released last week showed Wu leading Kraft 72 percent to 22 percent. Another 24 percent said they were undecided. 

The election comes as the Department of Homeland Security targets Massachusetts in an immigration crackdown dubbed “Patriot 2.0.” The department has said the operation is aimed at targeting “the worst of the worst criminal illegal aliens living in the state of Massachusetts.” 

Wu has vocally spoken out against the Trump administration’s efforts in Boston, saying she will push back against federal immigration enforcement in the city. 

Here’s Why Traders Need to Pay Attention

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In our latest episode of Market on Close, John Rowland, CMT, answered a question from “Twitter Tom” about global bond yields and why traders and investors should care. His response was a warning — and a lesson about the Federal Reserve.

Central banks around the globe have been cutting short-term interest rates. But long-term bond yields are still climbing. Why?

  • Long-term rates impact consumer loans, mortgages, corporate debt, and government borrowing far more than short-term rates.

  • Higher yields mean higher borrowing costs, which can ripple through global economies and financial markets.

Governments, particularly in Europe, are facing increased deficit spending and higher defense budgets. That means more bond issuance. More supply → lower prices → higher yields.

At the same time, we’re in the longest drawdown in government debt demand in history — 61 months. Investors across G7 markets have been hesitant to buy bonds.

More supply + less demand = falling bond prices. And when bond prices fall, yields rise.

  • Rising yields can pressure equities, particularly growth and tech stocks, as borrowing costs rise.

  • Higher long-term yields also compete with stocks and risk assets for investor capital.

  • Yield curves shape everything from bank lending to currency values.

For traders, this means yields aren’t just “background noise.” They’re market drivers.

  1. Use the Economic Calendar to track upcoming inflation releases, central bank meetings, and other key yield-moving events.

  2. Check Treasury Yields and compare maturities to spot curve shifts that may hint at equity rotations.

  3. Monitor sector ETFs with Barchart’s ETF Screeners to see how rising yields are impacting banks, utilities, and tech.

Bond yields are more than a macro headline; they’re a pulse check for the entire market. More debt issuance, less demand, and sticky inflation mean higher yields may be here to stay.

Watch the clip here:

Stream the full Market on Close episode, and turn on notifications so you don’t miss the next live show.

On the date of publication, Barchart Insights did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com

‘Qatar fury’ and ‘Trump condemns Israeli air strike’

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The headline on the front page of the Metro reads: “Qatar fury at Israel strike”.

Israel’s strike on Doha dominates the papers on Wednesday, with the Metro calling it “Netanyahu’s ‘judgement day’ for Hamas”. Officials said the operation was a “precise strike targeting the senior leadership” of the group, according to the paper.

The headline on the front page of the Guardian reads: "Israel launches attack on Hamas chiefs in Qatar for ceasefire talks".

“Israel launches attack on Hamas chiefs in Qatar for ceasefire talks” reads the headline of the Guardian, with the paper reporting that six people were killed in the strike. Hamas said in a statement that its top leadership, including the ceasefire negotiations team, had all survived. The leading image for the Guardian is a photograph of Lord Mandelson – the UK’s ambassador to the US since last year – and convicted paedophile Jeffrey Epstein, taken from a “birthday book” created for Epstein’s 50th birthday in 2003.

The headline on the front page of the Telegraph reads: "Trump condemns Israeli air strike on Qatar".

The Telegraph says US President Donald Trump has “condemned” the strike in Doha, and feels “very badly” about the attack. According to the paper, Qatar has claimed that the strike was conducted “without the advance consultation of the United States” and it was an attempt to “undermine” peace negotiations. The White House said that the attack “on the soil of a close ally” does not “advance Israel or America’s goals”.

The headline on the front page of the i Paper reads: "Trump rebukes Israel for strikes targeting Hamas leaders in Qatar".

“Trump rebukes Israel for strikes” declares the i Paper, also leading on Trump’s comments after the strike in Doha. The paper writes that Sir Keir Starmer has also condemned the bombing for “violating Qatar’s sovereignty and risking escalation in the region”.

The headline on the front page of the Times reads: "Israel risks Trump's wrath by hitting Hamas in Qatar".

The Doha residential complex in the aftermath of the strike is picture front and centre of the Times, with the paper reporting that the six dead included five members of Hamas and one Qatari security official. It writes that Israeli leader Benjamin Netanyahu called it a “surgical precision strike” and said “the days are over when terror leaders will enjoy immunity in a particular place”.

The headline on the front page of the Financial Times reads: "Starmer tightens grip on economic policy in bid to keep business on side".

The Financial Times also features the image of the Doha residential complex in the aftermath of the strike, paired with the headline “Qatar strike”. Its main story focuses on Sir Keir Starmer’s economic policy, and the paper says that prime minister has “tightened his grip” in an effort to avoid “another bust-up with business”.

The headline on the front page of the Express reads: "Every single one of us will be paying a Reeves penalty".

“Every single one of us will be paying a Reeves penalty” warns the Daily Express, quoting Conservative leader Kemi Badenoch in its headline. According to the paper, Badenoch says that Chancellor Rachel Reeves will “tax anything she can lay her hands on”, and has accused the chancellor of “driving Britain to bankruptcy”.

The headline on the front page of the Mail reads: "Mandelson on rack over 'best pal' Epstein".

The Daily Mail has led on Lord Mandelson’s birthday message to Jeffrey Epstein, where he called him his “best pal”. The paper says he is facing “intense pressure” over the “excruciating messages”, and critics have questioned whether his role as US ambassador “remained tenable”. An official spokesperson for Lord Mandelson told the BBC that he “has long been clear that he very much regrets ever having been introduced to Epstein”.

The headline on the front page of the Mirror reads: "Best mates".

“Best mates” declares the Mirror, with a photo of Lord Mandelson and Jeffrey Epstein blowing out candles on a birthday cake taking up the majority of the front page.

The headline on the front page of the Sun reads: "Sacked Wallace sues BBC".

The Sun reports that former MasterChef presenter Gregg Wallace is launching legal action against the BBC over a data protection claim. A BBC spokesperson said: “We have not been formally notified of any legal proceedings so at this stage we are unable to comment.”

The headline on the front page of the Star reads: "All bets are off!".

“All bets are off!’ reads the headline of the Star, with jockeys and trainers striking on Wednesday following a bet tax hike in Westminster.

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Poland says its airspace was ‘repeatedly violated’ during Russian strikes on Ukraine

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The Polish Armed Forces said its airspace was “repeatedly violated’ by drone-like objects during a Russian attack on Ukraine, adding that a military operation was underway to neutralize the objects.

“Attention, during today’s attack by the Russian Federation carrying out strikes on targets located in the territory of Ukraine, our airspace was repeatedly violated by drone-type objects,” the Polish Operational Command of the Armed Forces said in a statement early Wednesday local time, according to a translation.

“An operation is underway aimed at identifying and neutralizing the objects,” the statement continued. “On the orders of the Operational Commander of the Polish Armed Forces, weapons have been deployed, and services are actively working to locate the downed objects.”

The statement urged the public to stay home as the military operation continued.

“We emphasize that the military operation is ongoing, and we urge people to stay at home. The most threatened areas are the Podlaskie, Mazowieckie, and Lubelskie voivodeships. The Operational Command of the Polish Armed Forces is monitoring the current situation, and the forces and resources under its command remain fully prepared for immediate response.”

An earlier statement said the Polish Armed Forces had activated “all necessary procedures” as the “massive attack” on Ukraine was underway.

“Polish and allied aircraft are operating in our airspace, and ground-based air defense and radar reconnaissance systems have reached the highest state of readiness,” the earlier statement read, noting that “These actions are preventive in nature and are aimed at securing the airspace and protecting citizens, especially in areas adjacent to the threatened region.”

Multiple airports in Poland, including the largest one in Warsaw, were temporarily shut down amid reports of Russian drones in Polish airspace, according to local reports.

Polish Prime Minister Donald Tusk confirmed in a social media post that “an operation is underway related to multiple violations of Polish airspace.”

“The military used armaments against the objects. I am in constant contact with the President and the Minister of Defense. I received a direct report from the operational commander,” Tusk added in his statement.

The development sparked concern about the potential for Russian encroachment on NATO territory.

Rep. Joe Wilson (R-S.C.), who sits on the House Foreign Affairs and Armed Services committees, called the drone activity “an act of war” and urged President Trump to respond with sanctions.

“Russia is attacking NATO ally Poland with Iranian shared drones less than a week after President Trump hosted President Nawrocki at the White House,” he wrote on the social platform X. “This is an act of war, and we are grateful to NATO allies for their swift response to war criminal Putin’s continued unprovoked aggression against free and productive nations.”

“I urge President Trump to respond with mandatory sanctions that will bankrupt the Russian war machine and arm Ukraine with weapons capable of striking Russia,” he added.

Senate Minority Whip Dick Durbin (D-Ill.) said the incident “cannot be ignored.”

“Repeated violations of NATO airspace by Russian drones are a fair warning that Vladimir Putin is testing our resolve to protect Poland and the Baltic nations. After the carnage Putin continues to visit on Ukraine, these incursions cannot be ignored,” he wrote on X.

Why Strategy Stock May Never Make It Into the S&P 500

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Why Strategy Stock May Never Make It Into the S&P 500

Trump calls on EU to impose 100% tariff on China and India to pressure Putin

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US President Donald Trump has called on the European Union to hit China and India with tariffs of up to 100% as part of his efforts to force Russian President Vladimir Putin to end the war in Ukraine, a source familiar with the discussions has told the BBC.

He made the demand, first reported by the Financial Times, during a meeting between US and EU officials on Tuesday discussing options to increase economic pressure on Russia.

The proposal comes as Trump struggles to broker a peace deal between Moscow and Kyiv and as Russia’s strikes on Ukraine intensify.

Separately, Trump told reporters on Tuesday that he plans to talk to Putin on a call this week or early next week.

Ukraine’s main government building in Kyiv was struck by a Russian missile over the weekend – in an attack that was seen as both symbolic and a major increase of aggression by the Kremlin.

Over the weekend, attacks across the country marked the heaviest aerial bombardment on Ukraine since the war began. Ukraine said Russian forces used at least 810 drones and 13 missiles.

On Tuesday, more than 20 civilians were killed by a Russian glide bomb in the eastern Donbas region, as they queued to collect their pensions.

Speaking to reporters after the weekend bombardment, Trump said he was “not happy with the whole situation” and threatened harsher sanctions on the Kremlin.

The US president has previously threatened harsher measures against Russia, but not taken any action despite Putin ignoring his deadlines and threats of sanctions.

A highly anticipated summit between the leaders in Alaska last month ended without a peace deal.

Trump’s request to the European Union follows remarks from US Treasury Secretary Scott Bessent, who said Washington was prepared to escalate economic pressure but needed stronger European backing.

Trump also said on Tuesday that the US and India were “continuing negotiations to address the Trade Barriers” between the two countries.

He plans to speak to Indian Prime Minister Narendra Modi in the coming weeks and expects a “successful conclusion” to their trade talks, he wrote on his Truth Social platform.

In response to the post, Modi echoed Trump’s optimism that the talks would be successful and said the two countries were “close friends and natural partners.”

“Our teams are working to conclude these discussions at the earliest. I am also looking forward to speaking with President Trump,” he added.

China and India are major buyers of Russian oil, which helps to keep the Russian economy afloat.

Last month, the US imposed a 50% tariff on goods from India, which included a 25% penalty for its transactions with Russia.

Although the EU has said it would end its dependency on Russian energy, around 19% of its natural gas imports still come from Russia.

If the EU does impose the tariffs on China and India it would mark a change to its approach of attempting to isolate Russia with sanctions rather than trade levies.

Federal judge blocks Trump firing of Fed's Lisa Cook for now

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A federal judge late Tuesday temporarily blocked President Trump’s attempted ouster of Federal Reserve board of governors member Lisa Cook.

U.S. District Judge Jia Cobb acknowledged that the firing and Cook’s subsequent legal challenge raise “many serious questions” that the courts have not mulled before, but said that at this preliminary stage, Cook made a “strong showing” that her removal violated the Federal Reserve Act’s “for cause” provision.

The judge explained that the “best reading” of the provision is that the premise of a Fed governor’s removal is limited to grounds concerning their behavior in office and whether they have been “faithfully and effectively” executing their statutory duties.

““For cause” thus does not contemplate removing an individual purely for conduct that occurred before they began in office,” Cobb wrote in a 49-page ruling.

Trump announced Cook’s dismissal last month, citing allegations of mortgage fraud raised in a criminal referral from the Federal Housing Finance Agency (FHFA) as “cause” for her removal. 

The move threw into question the Fed’s longstanding independence from political influence, though the White House insisted that Trump exercised his “lawful authority” to remove Cook for cause.  

The Aug. 15 criminal referral from FHFA Director Bill Pulte, cited by Trump, alleged that Cook deemed properties in Michigan and Georgia as both primary residences, weeks apart in 2021. Pulte later said he filed a second criminal referral for Cook, alleging she represented a third property as her “second home,” despite referencing it in other government documents as an investment or rental property. 

Cook’s lawyer, Abbe Lowell, argued in court papers that Cook could not be fired for mortgage information that was available during her confirmation process. The Senate confirmed her in May 2022, and her lawyer said the alleged contradictions were disclosed in documents sent to both the Senate and the White House before then.

In a statement to The Hill, Lowell said the ruling Tuesday reaffirms the importance of protecting the Fed’s independence from “illegal political interference.”

“Allowing the President to unlawfully remove Governor Cook on unsubstantiated and vague allegations would endanger the stability of our financial system and undermine the rule of law,” he said. “Governor Cook will continue to carry out her sworn duties as a Senate-confirmed Board Governor.”

The Justice Department signaled in previous court filings that it would appeal if Cobb prevailed. It argued that making contradictory statements in financial documents is “more than sufficient ground” for removing a senior financial officer, even if a criminal burden of proof could not be sustained.

The Hill requested comment from the White House.

Planet Labs Stock Surges 38%. Here’s Why.

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Planet Labs Stock Surges 38%. Here’s Why.