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The LeadUS Secretary of the Treasury Scott Bessent has confirmed that preparations are underway to print a new $250 banknote featuring President Donald Trump's face, marking a significant departure from long-standing US currency traditions. The move comes as lawmakers consider legislation that would create an exception to a law prohibiting living persons from appearing on US currency.The Proposed Currency DesignA design mockup obtained by The Washington Post shows the words "America 250 anniversary" on the proposed banknote, a nod to the US declaring its independence on July 4, 1776. The Treasury Department has prepared the design in anticipation of a change in the law that would allow current and former presidents to be featured on currency.Legal and Political ImplicationsUS law currently bars any living person from appearing on US currency, but legislation was introduced last year to create an exception for current and former presidents. Speaking at the White House, Bessent confirmed: "Right now, there is proposed legislation – front of the House, in front of the Senate – to change the first requirement so that a living person, Donald J Trump, could be on a $250 bill."Broader Presidential Branding EffortsThe proposed banknote would be the latest example of President Trump expanding his personal brand in his official capacity since returning to the White House in 2025. Other initiatives include banners featuring Trump's portrait on federal buildings, adding his name to the Kennedy Center, and having his signature appear on US currency – a first for a sitting president.Historical Context and ControversyThe announcement has drawn criticism from some who liken the move to the behavior of dictators and monarchs. In March, the US Commission of Fine Arts approved the minting of a commemorative gold coin bearing Trump's image, prompting similar backlash. The Treasury Department has not yet responded to requests for comment on the banknote proposal.Future OutlookThe fate of the proposed $250 Trump banknote now rests with lawmakers who must decide whether to amend the currency law. If approved, it would represent a significant departure from US currency traditions and establish a precedent for featuring living presidents on money. The development comes as the Trump administration continues to implement various symbolic changes to federal institutions and properties.

The Olympic Champion's Record Ambition Keely Hodgkinson has dangled the intriguing possibility that July's London Diamond League meeting could be the day where she takes down Jarmila Kratochvilova's 42-year-old 800m world record. The Olympic champion said she would wait until closer to the time before deciding whether to attempt to better the Czech's time of 1min 53.28sec, the oldest track and field world record still standing. A Potential Record-Breaking Showdown She joked that the meeting could turn into a "battle of the world records", with Josh Kerr, Britain's 1500m 2023 world gold medallist, aiming for a world mile record and the pole vaulter Armand Duplantis also competing. "I would love to have that happen on home soil," she said when asked about taking a crack at the 800m world record. "There's just the whole crowd and everything. As a British person it's just so much fun and it's definitely the main thing I'm looking forward to this year." Peak Physical Condition Hodgkinson confirmed she was in prime shape having kicked on in training after breaking the world indoor record in February and winning the world indoor championships in March. "So far, the preparation has gone very, very well," she said. "I'm very happy with where I'm at, I'm building on the indoor season that we've had. I've been healthy for a year now. I've not missed a training session, so I'm in a really, really good place." Outdoor Season Strategy The 24-year-old starts her outdoor season next week with a 400m in Rome before travelling to Stockholm on 7 June for her first 800m of the season. "The lineup in Rome is crazy," she said. "I've really thrown myself in the deep end. But it's quite good to put myself in a position where on paper, I think I'm going in slowest and against girls that have been doing this event and are world finalists and Olympic medallists." Long-Term Athletic Goals Hodgkinson said she has identified some major targets away from winning medals. "I was thinking about it the other day: 'Wouldn't it be really cool if I could do a sub-50, a sub-2 and a sub-4 in my career?" she said. "It's very difficult. But it's a nice little challenge to have in the background." These goals refer to sub-50 seconds in 400m, sub-2 minutes in 800m, and sub-4 minutes in 1500m.

Ibrahima Konaté appears set to depart Liverpool FC after the club and his representatives failed to reach a new contract agreement, meaning the 27‑year‑old defender could leave on a free transfer at the end of his current deal.Contract Stalemate Sends Konaté Toward Free AgencyNegotiations over a fresh deal for Konaté, who has been at Anfield for five seasons, have broken down despite “extensive talks” between his camp and the club. The defender hinted in April that an agreement was close, but no formal offer materialised.Financial Implications of Losing a First‑Choice Centre‑BackAge: 27Contract length remaining: 0 (expires summer 2026)Potential fee: None – free transferRecent precedent: Trent Alexander‑Arnold left for £10 million after his contract ran downStrategic Blow to Liverpool’s Defensive RebuildingThe club’s sporting director Richard Hughes now faces a depleted back‑line, with new signing Jérémy Jacquet and Giovanni Leoni still recovering from injuries and uncertainty surrounding Joe Gomez. The loss compounds the departure of Mohamed Salah and Andy Robertson, marking a significant turnover from the Jürgen Klopp era.What Lies Ahead for Konaté and LiverpoolReports link the Paris‑born centre‑back with a possible move to Paris Saint‑Germain, while Chelsea are also mentioned as suitors. Liverpool will need to rely on emerging talents and the market to fill the void, and the free‑transfer exit could free up wage budget for new acquisitions.

Sonny Rollins' Enduring Legacy: 10 Essential Recordings Sonny Rollins, a jazz icon, has left an indelible mark on the music world. With a career spanning over seven decades, Rollins has consistently pushed the boundaries of jazz, showcasing his mastery and innovation. Here are 10 of his greatest recordings: Tenor Madness (released on Craft/OJC, 1956) A 30-year-old Sonny Rollins had already made his unique mark with Miles Davis and Thelonious Monk by the time this 1956 session was cut. Hooking up with his contemporary and admirer John Coltrane happened by chance on the two-tenor blues chase of this album's title. Saxophone Colossus (Prestige, 1957) This writer's first connection with Sonny Rollins' music was occasioned not by music but words: poetic New Yorker writer Whitney Balliett's evocative review of Sonny Rollins' 1957 Saxophone Colossus. Rollins was partnered on this classic set by pianist Tommy Flanagan, bassist Doug Watkins, and bebop-pioneering drummer Max Roach. Way Out West (Contemporary, 1957) When UK jazz musician Courtney Pine was blossoming as a teenage saxophonist in the early 80s, he would recall that Sonny Rollins' 1957 recording Way Out West was a key inspiration. The format was a Rollins favourite in his own early years – the demanding setup of a sax improviser with just bass and drums in support. A Night at the Village Vanguard (Blue Note, 1957) Rollins' live recordings are not as abundant as his genius in open situations deserves, but this music from New York's Village Vanguard makes up a lot of the ground. Freed from the march of chords by the absence of a pianist, he's in storming form in the company of rock-solid bassist Wilbur Ware and soon to be legendary Coltrane drummer Elvin Jones. Freedom Suite (Riverside, 1958) Rollins was never a natural composer – like Miles Davis, he preferred tunes that could be sketched on the back of envelopes. But Freedom Suite was an interesting departure for him, occasioned by the political climate of US race relations and civil rights in the late 1950s. The Bridge (RCA, 1962) Rollins took a creative break between 1959 and 1961, and his return came with The Bridge, named after the eccentric refuge he found: practising alone on New York's Williamsburg Bridge with only passing trains for company. Live at Ronnie Scott's (Gearbox Records; recorded January 1965) Rollins' visits as a solo performer to London's Ronnie Scott's club in the late 50s and early 60s introduced his mesmerising magic to UK audiences, and also helped to galvanise the local scene's confidence at a time when European jazz became increasingly emancipated from the US. Sunny Days, Starry Nights (Milestone, 1984) From the 1980s onwards, Rollins settled into a concert groove that was predictable – by his exacting improvisational standards – and frequently dazzling for audiences new to him. Sunny Days, Starry Nights showcased him with partners who would regularly join him on stage for the rest of his life. This Is What I Do (Milestone, 2000) The best and most affectionately closeup manifestation of Sonny Rollins' genius as he hit his 70s. The saxophonist's later-life partners are present, and so is one of contemporary jazz's greatest drums pioneers in Jack DeJohnette. Without a Song: The 9/11 Concert (Milestone; recorded 2001) Sonny Rollins and his wife, Lucille, lived close to the World Trade Center, witnessed the buildings' collapse on 9/11, and had to evacuate their apartment shortly afterwards. Four days later, the saxophonist performed and recorded this evocative session with his regular sidemen at the Berklee School of Music in Boston.

The Vinnie Jones Documentary: A Chaotic but Enjoyable Biopic The Untold UK documentary series on Netflix has taken a new turn with its latest episode, focusing on the life and career of Vinnie Jones, a former footballer and film star. The documentary is an energetic and celebratory portrayal of Jones' life, but it falls short in providing in-depth analysis or critical questioning. Early Life and Football Career Vinnie Jones, born just outside Watford, began his football career as a semi-pro at Wealdstone, combining it with his work on a building site. He became captain of the boys' team and eventually joined Wimbledon in 1986, where he became part of 'the Crazy Gang' alongside John Fashanu. The team caused endless ruckus but also achieved a brief spell at the top of the newly promoted first division. The Crazy Gang and Rise to Fame Jones' time at Wimbledon was marked by his reputation as a hard man on the pitch, with numerous yellow and red cards. The documentary lovingly documents his successes and controversies, including his infamous tackles and tactics. However, it lacks critical questioning about his career choices and the impact of his image on his personal life. Hollywood and Later Life The documentary also touches on Jones' time in Hollywood, but it is a brief and unenlightening segment. Overall, the documentary is an enjoyable but shallow portrayal of Vinnie Jones' life and career. The Verdict Despite its shortcomings, the documentary is an unexpected amount of fun, providing a lighthearted and entertaining look at Vinnie Jones' life. The documentary is available on Netflix, and viewers can decide for themselves whether it is a fitting tribute to the man and his career. Untold UK: Vinnie Jones is on Netflix

Asana's Strategic AI AcquisitionAsana has acquired the workflow automation company StackAI for $75 million, marking a significant step in the company's broader AI pivot. The acquisition aims to position Asana as an "AI-native workplace platform" and integrate StackAI's agent-building capabilities into Asana's existing work management system. The announcement was made Thursday afternoon to coincide with Asana's earnings and investor call.StackAI's Workflow Automation CapabilitiesStackAI, built as an AI workflow-automation system, designs agents to operate within existing business systems, pulling in data from platforms like Salesforce, Slack, and Gsuite. The company, founded by Tony Rosinol and Bernard Aceituno, will join Asana as part of the acquisition. StackAI has faced competition from automation tools like Zapier as well as AI labs like OpenAI and Anthropic in the rapidly evolving AI automation space.Financial Terms and Funding BackgroundThe acquisition comes as StackAI had raised just under $20 million, according to PitchBook data, with most of it coming in a recent $16 million Series A round. That round included funding from Gradient, Epakon Capital, Lobby VC, LifeX Ventures, and Vercel CEO Guillermo Rauch. While the $75 million acquisition price represents a significant premium over StackAI's funding, it reflects Asana's commitment to accelerating its AI capabilities.Asana's AI-Native TransformationWhile users are most familiar with Asana's work management system, the company has been releasing AI-oriented products in recent years, including the AI Studio agent builder and AI Teammates series of pre-built automations. Asana believes its deep integration into existing corporate workflows provides a key advantage, allowing it to distill context and training data that would otherwise be unavailable. This acquisition specifically aims to "agentify the most complex business processes end-to-end," according to CEO Dan Rogers.Future of Human-Agent Work in EnterpriseAsana has struggled on public markets during the AI era, losing more than half its market cap value since the introduction of ChatGPT. However, revenue has continued to grow steadily, and the new leadership is confident that human-agent products will enable a rebound. With this acquisition, Asana aims to accelerate its roadmap into "the next phase of human-agent work," potentially differentiating itself from both traditional work management platforms and standalone AI automation tools in the competitive enterprise software landscape.

The Munition Shortage The United States has enough munitions for any plausible scenario in the Iran war, but rebuilding its depleted inventories will “take years”, according to a new report by the Center for Strategic and International Studies (CSIS). Replenishment Timeline Restoring pre-war stockpiles of four critical munitions heavily used by US forces during nearly 40 days of joint fighting with Israel against Iran would take at least two years – and in some cases more than three – the Washington-based think tank said on Wednesday. Land Attack Missile (TLAM) Terminal High Altitude Area Defences (THAAD) interceptors Patriot missiles SM-3 and SM-6 ship-based surface-to-air missiles The Data Analysis The report noted that while US officials publicly project confidence in weapons stockpiles, analysts have said that dwindling munition supplies may be shaping Washington’s calculations over whether to resume the war on Iran. The Impact Analysis “Campaigns against Iran and its proxies – and, for Patriot interceptors, aid to Ukraine – have made the problem more acute,” said the CSIS report. “Alongside replenishing its own stocks, the United States also has to fulfil orders from allies and partners.” The Prediction “Decisions on how to allocate new production have already created bilateral friction, and this friction will continue for the next few years as demand outpaces supply,” the report warned. The main problem is not funding but production time, limited manufacturing capacity and long procurement lead times, with CSIS noting that past procurement levels were relatively low for many systems, slowing replacement efforts despite recent increases in defence spending.

The Rise of AI Financial MarketsThe most important market of the future could be in LLM tokens — and financial groups are rushing to build new infrastructure for them. China's Shanghai Futures Exchange is currently designing a derivatives market for AI tokens, while major derivatives exchanges CME Group and the Intercontinental Exchange (the owner of the NYSE) have separately announced they're working on launching futures contracts for renting GPUs.Building the AI Derivatives InfrastructureGPU markets are still maturing, but given the wide range of companies using, selling, and renting GPUs, there's already a robust market for spot prices on GPU rental, typically charged by the hour. This has prompted major financial players to develop futures contracts that would allow businesses to hedge against fluctuating compute costs.Enterprise plans for major AI companies are commonly denominated in tokens: OpenAI, for example, charges $5 per million input tokens, and $30 per million output tokens if you want to use the API for its latest GPT-5.5 model. Even cloud providers are increasingly offering the opportunity to charge per token, as in Amazon's Bedrock system.The Economics of GPU and Token PricingAccording to data from AI Mining Co., which tracks daily GPU rental pricing across 28 marketplaces and cloud providers, median prices for Nvidia H100 GPUs ranged from $1.40 to $4.27 per hour across 13 marketplaces, while the average price for H200 GPUs were between $2.34 and $5 per hour across 10 marketplaces.Just over the past seven days, average H100 prices ranged from $2.79 to $3.33, showing the volatility that makes futures contracts attractive for risk management.Transforming the AI Investment LandscapeThe effort comes amid an unprecedented buildout of AI infrastructure. Cloud service providers, private equity firms, and infrastructure players alike have poured hundreds of billions into building data centers, anticipating that demand for GPUs and compute will continue to rise.An emerging crop of global neocloud companies is also vying for a piece of this demand. Some of these new entrants are specializing, focusing on inference, while others are competing with cloud giants like Oracle, AWS, and Google Cloud to offer their services to AI companies.The Future of AI Financial InstrumentsBy targeting AI tokens, the Shanghai exchange's derivative product would be tied to how AI companies price their services, giving businesses, investors, and data center operators a way to hedge against the cost of compute. As AI becomes increasingly central to business operations, these financial instruments will likely become essential components of the technology investment ecosystem.

The Political Shift in Enfield's Housing PolicyEnfield council in north London has withdrawn from the government's new towns programme, in a significant blow to Labour's flagship housebuilding scheme. The move by the new minority Conservative-led administration could present one of the first tests of Rachel Reeves's planning reforms, designed to curb the use of judicial reviews against new infrastructure.The New Towns Project and Its SignificanceThe project to build 21,000 homes at Crews Hill and Chase Park on the northern fringes of London was selected in March for the new towns programme along with six other locations across England. The new towns scheme has been heralded by the housing and communities department as the most ambitious housebuilding project in England for half a century and is regarded as a significant step towards helping Labour achieve its goal of building 1.5m homes during this parliament.Local Opposition and Political ChangeThe withdrawal comes after significant local opposition to the Enfield plan to build homes, shops, schools and services such as doctors' surgeries on green belt land currently occupied by several garden centres and family-run businesses. Enfield council, which was previously run by Labour, had already devised a plan to build homes at Crews Hill and gave its backing to the new town proposal.However, Labour lost control of the council in the local elections earlier this month and on Wednesday evening Conservative councillor Alessandro Georgiou was elected leader of the authority's minority Tory administration. The Conservatives pledged during the election campaign to halt the new town development if they took control of the council.Economic and Environmental ConsiderationsOn Thursday, Georgiou sent a letter to the minister for housing and planning, Matthew Pennycook, informing him that the council no longer supported the proposals to develop land at Crews Hill and other parts of the borough's green belt. In his letter to the Ministry of Housing, Communities and Local Government (MHCLG), Georgiou said the council would work with the government to deliver new homes and jobs in the borough, but would focus on brownfield sites and town centre regeneration.Enfield council owns just under a third (30%) of the land in the borough, while other land earmarked for the development belongs to private landowners. The majority of private landowners did not want to sell, according to Nina Barnes, owner of the Culver garden centre site at Crews Hill, close to the centre of the proposed new town development.Future Implications for Housing PolicyThe withdrawal of Enfield from the new towns programme could have wider implications for the government's housing strategy. Other locations in the programme may face similar local opposition, particularly when development plans involve green belt land. The government may need to reconsider its approach to engaging with local authorities and communities on major housing projects.An MHCLG spokesperson said: "Our landmark national new towns programme will restore the dream of homeownership for people across the country. We recently consulted with local people on the proposals and will respond in due course." This suggests the government may continue to push the programme forward despite Enfield's withdrawal, potentially leading to further political conflicts between central and local government.