Virginiabeach Today

October 26, 2026

1
Economists Hall and Woodford Win Nobel for New Keynesian Models
The 2025 Economics Nobel honors Robert Hall and Michael Woodford for building the New Keynesian framework now standard at central banks. Their models explain how interest rate policy drives recessions, recoveries, and the surprisingly painless 2022-23 fight against inflation. Noah Smith
2
OpenAI Floods Math World With 719 Solved Open Problems
A single internal AI model solved 90 of math's top 500 open problems, including a major Riemann hypothesis breakthrough and faster matrix multiplication, in roughly three hours of compute each. Mathematicians are split between awe and distress over losing careers' worth of unsolved puzzles. Zvi Mowshowitz
3
Tariffs Revived Via Forced-Labor Claims Face Court Fight
A new forced-labor justification has brought back Trump's global tariffs, though Democrats are mounting a legal challenge against the move. Regardless of the court outcome, trading partners worldwide are independently strengthening their own forced-labor regulations. WSJ Economy
4
Trump's AI Rebrand Sparks Rush for .si Domains
A push to rebrand "AI" terminology has triggered a surge in domain registrations in Slovenia, whose country code happens to fit the new naming trend. The national registry calls the demand spike unprecedented, as buyers scramble to snap up matching web addresses. BBC
5
China Races to Catch Up With SpaceX's Starlink Dominance
China successfully landed its own reusable rocket boosters this year, joining SpaceX and Blue Origin. But with Starlink's 10,000+ satellites controlling 70% of low Earth orbit, Beijing is also exploring jamming and regulatory tactics to blunt the constellation's military edge. China Talk

The Deficit Grew During a Boom—That's Never Happened Before. Deficits used to shrink when the economy was strong. Now they're ballooning during peace, prosperity, and an AI boom—and some economists think AI might make it worse. Scott Sumner

Liberalism Isn't Dying From Its Flaws—Liberals Just Suck at It. One philosopher argues liberal democracy isn't collapsing because it's hollow—it's collapsing because the people who believe in it stopped actually living by it. The Unpopulist

Today's AI Panic Looks Just Like 1600s Economic Anxiety. Centuries ago, elites feared wealth was finite and the poor couldn't handle freedom. Sound familiar? The same mindset is now shaping how we think about intelligence itself. Venkatesh Rao

A 2008 Policy Quietly Broke a Core Economic Theory. One small change to how the Fed pays banks turned a foolproof economic lever into a mystery—and nobody's been able to simply undo it since. Scott Sumner

Why China Still Hasn't Built Its Own Groq. Everyone assumed money or export bans explained China's missing HBM-free chip startups. The real bottleneck turns out to be something far more basic: fab space itself. China Talk

Scientists have identified Candidatus Sukunaarchaeum mirabile, a bizarre microorganism so stripped-down that it blurs the line between living and non-living. With a genome almost entirely devoted to self-replication, this parasitic archaeon raises fresh questions about what truly defines life—and hints that similarly minimal organisms may be hiding all around us.
Stars are supposed to follow strict blackbody physics that bans certain hues—yet astronomers have now spotted stars glowing green and pink. The culprit may be the white dwarf WD J1330+6435, whose unusual properties are forcing a rethink of stellar color rules. Anton Petrov breaks down how this cosmic oddity came to be.
While Sweden publicly championed neutrality during the Cold War, it was secretly coordinating with NATO and training a hidden resistance network to resist Soviet invasion. Historian Johan Wennström unpacks this covert double game and asks whether Sweden's 2024 NATO membership truly equips Europe to face today's Russian threat.
3.9%
Global Trade Growth Forecast Doubles to 3.9%
The WTO more than doubled its 2024 forecast for global goods trade growth, up from 1.9%, citing an AI investment boom. Next year's projection also rose, to 4.1% from 2.6%. WSJ Economy
AI Spending Must Match Food's Share of Income
To justify current investment levels, AI spending would need to claim roughly the same share of Americans' household budgets as food does today—a benchmark that underscores the scale of returns investors are counting on. WSJ Economy

That’s all for Monday, October 26.