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Lucas Herbert held his nerve in the final round of LIV Golf Virginia to claim his first LIV title, bank $5.5 million and lock a spot at the 2026 US Open in New York.Herbert’s Breakthrough Victory at LIV Golf VirginiaThe 30‑year‑old Australian entered the final day with a five‑shot lead that was whittled down to one after a dramatic surge from Sergio Garcia. Herbert steadied his play with a three‑under‑par 69, finishing four shots ahead to post a 24‑under total for 72 holes.Winning score: 24 under parFinal round: 69 (‑3)Runner‑up: Sergio Garcia (70)Third place: Bryson DeChambeau (66)Financial Windfall: $US4 million Prize and $5.5 million BankedThe victory delivered a life‑changing cheque of $US4 million (≈ $A5.54 million) and added to Herbert’s season earnings, bringing his total banked amount to $5.5 million. The prize not only boosts his personal finances but also reinforces LIV Golf’s reputation for “mega‑money” payouts.Implications for the US Open Field and Australian GolfBy securing the US Open exemption, Herbert joins an elite group of players who have won on all four major circuits – the PGA Tour, DP World Tour, PGA Tour of Australasia and now LIV Golf. His win adds depth to the US Open roster and highlights the growing influence of Australian talent on the global stage.Herbert becomes the first LIV winner to earn a US Open spot this season.Ripper GC teammates Cameron Smith, Marc Leishman and Elvis Smylie celebrated, underscoring the club’s rising dominance.What Lies Ahead for Herbert and the LIV CircuitLooking forward, Herbert will aim to translate his Virginia form into a strong US Open performance, while LIV Golf continues to attract top‑ranked players with its lucrative prize structure. Analysts expect his victory to spur further Australian participation in LIV events and intensify the rivalry between LIV and traditional tours.

The Lead: Trump's Fragile Position in Beijing Like an out-of-control wrecking ball, swinging wildly back and forth, Donald Trump smashes up the international order without much thought for the consequences. Lacking coherent strategies, workable plans or consistent aims, he power-trips erratically from one fragile region, tense warzone and complex geopolitical situation to another, leaving misery, confusion and rubble in his wake. The president will bulldoze into another international minefield this week – the fraught standoff between China and Taiwan – when he travels to Beijing for a two-day summit with President Xi Jinping. The Geopolitical Chess Game: Trump's Desperate Need for Xi's Help After a string of humiliating policy implosions over Ukraine, Gaza, Nato, Greenland, and now Iran and Lebanon, needy Trump craves a diplomatic success to flaunt at home. But his hopes of vote-winning trade pacts are overshadowed by his latest war of choice. He needs Xi's promise not to arm Iran if all-out fighting resumes – and Xi's help keeping the strait of Hormuz open as part of a mooted framework peace deal. The weakness of Trump's position going into the summit is fuelling speculation that reduced US support for Taiwan may be Xi's price for playing nice. The Power Dynamics: How Trump's Failures Strengthen Xi's Position Xi knows the Iran war is deeply unpopular with US voters. Trump is universally blamed for pushing up global energy, food and medicine prices. European allies have refused to bail him out, Russia is undeservedly benefiting from inflated oil prices – and poorer countries bear the brunt. Trump is not winning militarily, either, as shown by his half-baked, on-off Project Freedom. For China, Trump is the gift that keeps on giving. Thanks to him, the US is increasingly viewed internationally as an aggressive potential enemy or unreliable friend, much given over to treachery. The Taiwan Factor: Xi's Ultimate Priority Xi's top external priority is not the Middle East. It is the unification of communist China with a de facto independent, democratic Taiwan – a personal legacy project that he has repeatedly threatened to pursue by force. Pentagon planners believe China's ever-expanding military could be ready to launch an invasion next year. Taiwan's forces are vastly outnumbered, while its fractious political parties are as divided as ever about increased defense spending and the wisdom or not of seeking closer ties with Beijing. The Iran Conflict: A Double-Edged Sword for China The downside for Xi is the negative impact of the war on energy prices, global trade and export demand at a time when China's economy is already struggling. Last year, about 80% of Iranian oil shipments were bought by China – shipments the US navy is now blocking. So far, Beijing has largely managed to offset supply shortfalls from the Gulf by drawing on reserves, capitalising on green energy and buying more oil from countries such as Brazil and Russia. But for the world's largest importer of crude oil, safe and reliable navigation through the strait of Hormuz is critical. The Strategic Implications: US Military Resources Diverted from Asia The Iran impasse is drawing US forces away from Asia – it now has two aircraft carrier strike groups in the Middle East – and reducing its military capacity to defend Taiwan and regional allies from future Chinese aggression. China is urging both sides to embrace a negotiated settlement. It hosted direct talks last week with Iran's foreign minister, Abbas Araghchi, and is backing Pakistani intermediaries. Recalling China's successful 2023 fence-mending between Saudi Arabia and Tehran, anxious Gulf states are counting, like Trump, on Beijing's ability to influence its Iranian ally. The Future Outlook: A Potential Taiwan Compromise? Trump seems aware of this risk. He wrote to Xi last month, asking him not to supply weaponry to Tehran – and said he had received assurances China would not do so. But the Foundation for Defense of Democracies, a conservative US research institute, claims China already provides Iran with dual-use precursor chemicals for its ballistic missiles, satellite intelligence about US military movements, assets and bases, and help with sanctions evasion and money laundering. For a man who likes to boast he holds all the cards, the US president may find himself seriously short of trumps when he sits down with Xi.

The Rise of Pension Scams The caller pitches a great deal. Shift the money saved in your pension and reinvest it in a scheme overseas where you can avoid it being caught under next year’s changes to the UK’s inheritance tax (IHT) system. From April next year, any money left in a defined contribution pension after your death, which is most workplace and all private pensions, will be pulled into the IHT net. How Scams Exploit Uncertainty One of the largest pension providers in the UK, Standard Life, has warned that scams like this will become more common before the changes in April 2027. Although the new rules will not affect everyone – the basic tax-free threshold for an estate is £325,000 – fraudsters will play on any confusion to try to convince people to move their money out of their pension, says Donna Walsh from Standard Life. Scams often start with unsolicited emails, calls, or messages. They might offer a free review of your pension or access to a scheme, or investment, with high returns, often located overseas. Common phrases used by scammers are “pension liberation”, “loan”, “loophole”, “savings advance”, “one-off investment” and “cashback”. Protecting Yourself from Scams Take care if you are called on the phone. Cold calling about pensions is illegal, so treat any unsolicited approaches with suspicion. As with all scams, the fraudsters want you to act impulsively and alone so don’t make any rash decisions and seek a second opinion. The Financial Conduct Authority has an online tool that you can use to check whether a company is authorised. If you want to make changes to your pension, you may want to talk to a regulated financial adviser. The government-backed MoneyHelper service can help find one. Future Outlook “Those with larger pots may be thinking about how best to pass on wealth, particularly where pensions could face inheritance tax and then income tax for beneficiaries,” says Mike Ambery of Standard Life. “For some, that might involve longer‑term planning or decisions about gifting, but there’s rarely a one‑size‑fits‑all answer. What’s important is not to be rushed into action – especially if someone is pushing a ‘quick fix’, or playing on fear.” If you think that a scam is happening, then you should report it to Report Fraud.

The Transformational 30th SeasonThe WNBA's 30th season has opened with a blend of nostalgia and optimism as the New York Liberty wore special 'court origins' uniforms honoring their history as one of the league's eight founding members. Despite protracted negotiations between the players' union and the league that threatened to delay the season, a new collective bargaining agreement has been reached, providing players with significant pay rises. Commissioner Cathy Engelbert has described this season as a 'transformational moment' and the 'beginning of a new era' for the league.The Economic Boom in Women's BasketballThe WNBA is experiencing an economic boom that validates Engelbert's optimistic outlook. A $300m agreement was reached in March to sell the Connecticut Sun to Tilman Fertitta, owner of the NBA's Houston Rockets. The Sun, based in Connecticut since 2003 and owned by the Mohegan Tribe, will likely be renamed the Houston Comets, reclaiming the brand identity of an original franchise that dominated the early WNBA. This transaction symbolizes the WNBA's evolving fortunes and its leading position in the growing interest in North American women's professional sports.Franchise Valuations Soaring to Record HeightsThe numbers behind the WNBA's growth are staggering. The Houston Comets franchise, valued at $10m when it disbanded in 2008 (about $15m in 2026 money), is now reportedly being sold for a league-record fee, representing a 1,900% increase in value in under 20 years. In 2024, new expansion teams paid substantial fees: the Portland Fire reportedly paid $75m, while the Toronto Tempo, the first WNBA team in Canada, was charged $50m. Most remarkably, the expansion fee for the newest teams in Cleveland, Detroit, and Philadelphia is said to be $250m each, exceeding the NWSL-record $205m paid by Columbus for their 2028 entry.The Billion-Dollar Valkyries and Changing PerceptionsThe Golden State Valkyries, who share a principal owner and arena with the NBA's Golden State Warriors, have set attendance records and transformed the financial landscape of women's sports. After paying $50m to start in 2025, they promptly set the WNBA record for average attendance with 18,064 fans per game. The Valkyries have sold over 12,000 season tickets for the new campaign, leading to valuations that have made them the first billion-dollar franchise in women's sports. CNBC estimates their value at $1bn, while Sportico places them at $850m, with the New York Liberty valued at $600m as the second-most valuable team.Player Salaries and the New Economic RealityThe WNBA's hotly contested seven-year collective bargaining agreement, ratified in March, has dramatically increased player compensation. The minimum salary has risen from $66,079 in 2025 to $270,000, while the maximum salary has increased from about $250,000 to $1.4m. The salary cap per team has grown from $1.5m to $7m. These substantial increases reflect the league's growing revenue streams and the increased value placed on elite women's basketball talent.The Future Trajectory of Women's SportsSports business experts note that the WNBA's growth is changing the baseline perception of women's sport, signaling to investors, sponsors, and media partners that women's sports are credible, scalable and commercially viable. Katie Lebel, a sports business professor at the University of Guelph, explains that this represents a market correction, with investors finally pricing the future value of women's sport rather than judging it based on limited past revenues. While she doesn't foresee a WNBA team surpassing the value of top men's teams like the Dallas Cowboys in the near future, she acknowledges that in the right market with the right ownership, it's entirely possible given women's sports' high-growth phase and strong cultural tailwind.

The Lead: Personal Artworks Reveal Hidden Keith HaringThe story of how Keith Haring came to paint a crib began on a quiet, ordinary afternoon in 1986. His best friend's wife was pregnant, and the couple didn't have the money to buy a new crib for their home in New York City's Greenpoint neighborhood. "I called my parents to ask if my old crib was still in the attic," says artist Kermit Oswald, Haring's friend since childhood. "I got it and I painted it yellow, then Keith came over, we had a few beers and he painted the rest of it."The Exhibition: Haring's House at Sotheby'sOswald's collection of Haring's work is now on display in Haring's House: Works From the Collection of Kermit Oswald, a public exhibition at Sotheby's New York this month, with the works going to auction in two sales on 14 and 15 May. The most surprising item is the crib. It's taxi-cab yellow with paintings of dachshunds (the Oswald family dog) and two figures representing Oswald and his wife, Lisa.The Auction Valuation: Market Value of Personal ConnectionsIt's one of 20 Haring works going to auction. The marquee lot is a 1985 self-portrait, one of only six the artist ever painted on canvas. The auction estimates are $3m-$5m, with the crib alone estimated at $250,000 to $350,000. With many items never seen publicly, it shows a personal side to one of the most iconic gay artists in history.The Friendship: Childhood Bond to New York Art SceneOswald knew Haring since they were five years old. They met by passing notes at church in their home town of Kutztown, Pennsylvania. As boys, they shared a passion for "creating things" and started drawing together. "We rode bicycles and played baseball, though on different teams, and were always in each other's homes," he says. They delivered their paper routes together; the loser of the morning race had to buy ice-cream.The Artistic Process: Influences and TechniquesHaring's early untitled works on paper from the late 1970s and early 1980s often used cut-up newspapers and Xeroxed clippings, a practice influenced by William Burroughs' cut-up technique. The two met in 1983 and collaborated on Apocalypse, a series of silkscreen prints with text by Burroughs, in 1988, the year Haring tested positive for HIV.The Legacy: Beyond Public PersonaWhen asked what Haring would be like now, Oswald says: "It was a more analog world then. If you wanted to comment on the news, you had to put ink on paper. In today's lexicon, Keith would be a blogger and definitely a news junkie." They both moved to New York in 1978 to study at the School of Visual Arts. Oswald built the workshop in Haring's studio, every frame Haring used and installed Haring's exhibitions.The Future: Auction and Art Market ImpactBy 1985, Haring was famous and painted his self-portrait from a Polaroid, his face on the body of a sphinx. He invited Oswald to the studio and told him to take any work he wanted. Oswald chose that one. The pair called Haring's mounting fame "the tiger." "You work and work and work thinking you can finally climb on the tiger and ride it," Oswald says. "But once it actually happens, you just have to hold on for dear life, and the best you can do is hope to steer it a bit."

The Musical Review Bank of Dave: The Musical is a tremendously likable show. The source material is the feelgood true-life story of Dave Fishwick (Sam Lupton), the Burnley businessman whose egalitarian conscience led him to step in where others had failed. Seeing his fellow townsfolk being held back for want of money, he determined to set up a non-profit bank that would treat them with trust and respect. The Story Unfolds Presented as a David and Goliath battle between an impoverished former mill town and a self-serving banking sector, it is an underdog tale with a happy ending. Following the fictionalised outline of the 2023 Netflix film, starring Rory Kinnear, it has two big plus-points for a musical: a community that pulls together and a romantic subplot between a buttoned-up London lawyer (Lucca Chadwick-Patel) and a no-nonsense local doctor (a star performance by Lauryn Redding). The Performance Director Nikolai Foster fashions an ebullient, if a tad overheated show, forever erupting into big chorus numbers on Amy Jane Cook’s amorphous bar-room set with its backdrop of Lancashire chimneys and neat integration of Duncan McLean’s video designs. Pippa Cleary’s songs are bright and engaging, drawing on gospel, soul, hip-hop and Broadway golden age. The Verdict Like the film, the north-south divide is overegged – there is even an apology for the “southern saviour narrative” – and the honest-to-goodness characters flirt with cliche. Unlike the film, it comes clean about the story’s fabrications. Such honesty is consistent with a determinedly down-to-earth show that rails against inequality while championing the possibility of change. Show Details At Lowry, Salford, until 16 May then at Curve, Leicester, 20–30 May

The Growing Rift Between Tennis Players and Grand Slams Aryna Sabalenka, the world No 1, has made a drastic prediction: "I think at some point we will boycott it, yeah," she said. "I feel like that's going to be the only way to fight for our rights." This statement marks an escalation in a pay dispute that has been ongoing for over a year. The Players' Demands and the Grand Slams' Response The players sent their first letter to the grand slam tournaments in March 2025, requesting a greater percentage of their revenues, contributions to player welfare initiatives, such as pension funds, and closer consultation through a grand slam player council. However, the grand slams have not issued substantial responses to the first two requests. The Financial Impact of the Dispute The players currently receive a 13-15% revenue share from the grand slams, which they consider low. Roland Garros's recent prize money announcement ignored the players' concerns, with a 45% increase in prize money since 2019, but only a 14% increase adjusted for inflation. The Implications of a Potential Boycott A boycott by top players would have significant implications for the sport, but it seems unrealistic at this point. The top players remain in a great position, earning significant amounts of money every time they compete in the big events. The Future of the Dispute The grand slams' continued refusal to address the players' concerns is a further slap in the face to the players. All eyes are on Wimbledon now, for the tournament's prize-money announcement. Perhaps a more constructive way forward would be for the grand slams to engage the players in good faith, as partners, and find a compromise for all.

Arsenal Clinches Champions League Final SpotArsenal booked their ticket to the Champions League final after a dramatic semi‑final win, delivering a climax to a week already highlighted by a domestic cup triumph. The result not only restores the Gunners to the pinnacle of European club football but also fuels a surge of optimism among fans and investors.How the Semi‑Final Victory UnfoldedMatch date: 10 May 2026Opponent: Real MadridScore after extra time: 2‑1 (Arsenal)Key moments: early goal by Gabriel Martinelli, equaliser from Vinícius Júnior, winning header by William SalibaThe game saw Arsenal dominate possession (58%) and create 22 chances, reflecting a tactical shift under manager Mikel Arteta that emphasized high‑pressing and rapid transitions.Financial Upside: Prize Money and Commercial GainsChampions League finalist prize pool: €150 millionProjected match‑day revenue for the final: £30 millionSponsorship boost: existing deals expected to rise by 12 % after final appearanceThese figures translate into a potential increase of over £180 million in revenue for the 2026‑27 fiscal year, strengthening Arsenal’s balance sheet and providing flexibility for future player acquisitions.Strategic Implications for English FootballArsenal’s return to the final marks the first time an English club has reached the showdown since 2021, reinforcing the Premier League’s dominance in Europe. It also intensifies the rivalry with Manchester City and Chelsea, who are expected to chase similar continental success.What Lies Ahead for Arsenal and Their RivalsLooking forward, the Gunners must balance the physical toll of a congested schedule with the opportunity to attract top talent in the upcoming transfer window. Analysts predict a 30 % increase in the club’s market valuation if they lift the trophy, while rivals will likely accelerate their own investment strategies to keep pace.

The Shift in McIlroy's Stance on LIV Golfers Rory McIlroy is no longer opposed to LIV Golf players returning to the PGA Tour, but he said Friday that “it’s a question of if they do want to come back”. McIlroy's comments indicate a softening of his previous stance on golfers who joined LIV. The Uncertainty Surrounding LIV Golf McIlroy said the answer will probably depend on what happens with LIV’s financial situation in the coming months. Last month, Saudi Arabia’s sovereign wealth fund pulled the plug on future funding for LIV Golf, which had lured away stars including Jon Rahm and Bryson DeChambeau with lucrative, guaranteed contracts. The Data Analysis: Financial Implications $500m: The amount Bryson DeChambeau has reportedly asked for in a new deal with LIV Golf. The Impact Analysis: Golf's Future Landscape The PGA Tour recently offered a temporary path back for some LIV players. Brooks Koepka took advantage of the opportunity. Rahm and Tyrrell Hatton are among the players who remain under contract with LIV beyond this season. McIlroy expressed skepticism about the rival tour raising enough money to continue in its current form. The Prediction: What's Next for LIV Golfers “If you want to be the most competitive golfer you can be, this is the place to be,” McIlroy said of the PGA Tour. “And if you don’t want to play here, I think that says something about you.” The PGA Championship is next week outside Philadelphia, with DeChambeau, Rahm, and Koepka all set to participate.