Robert

Nobel economics prize awarded to Robert Hall and Michael ⁠Woodford | Business and Economy News

The Swedish academy says the academics’ models are ‘now used by central banks and ​governments around the world’.

The ⁠2026 Nobel Prize in Economic Sciences has been awarded to US academics Robert Hall and Michael ⁠Woodford for their work on how monetary and fiscal policy can help stabilise fluctuations in the economy, according to the Royal Swedish Academy of Sciences.

The winners of the prestigious award, formally known ⁠as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel and the final prize to be given out this year, were announced on Monday.

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The two laureates developed new macroeconomic models that improve people’s ability to implement effective stabilisation policies, enabling fiscal and monetary policy measures that can reduce damaging swings in the economy.

“The laureates’ work has provided us ‌with a stable theoretical foundation for the models that are now used by central banks and governments around the world,” John Hassler, chair of the Committee for the Prize in Economic Sciences, said in a statement.

“With them, we are better equipped to deal with shocks in the economy, such as energy crises or sudden changes in how much households consume.”

During the oil crises in the 1970s, the existing Keynesian models used to determine when and how measures should be implemented to tackle recessions or other economic fluctuations stopped working. Hall and Woodford then developed new tools to understand what policy responses could be the most effective.

“Rather than basing the models on statistical links between macroeconomic variables, such as inflation, production and consumption, they chose to build them on a microeconomic foundation,” the academy said. “This encompasses an understanding of how the total mass of individual households and businesses affect the economy through their actions.”

The economics prize, first awarded ⁠in 1969, is not part of the five original awards ⁠created in the 1895 will of industrialist and dynamite inventor Alfred Nobel, but was instead established by Sweden’s central bank.

The majority of previous laureates have been from the United States. Only three women have ⁠ever won, most recently Claudia Goldin in 2023 for her work on how gender has affected pay and employment over time ⁠in the US.

Last year’s winners – Joel Mokyr, Philippe Aghion and Peter Howitt – won for ‌their work on “creative destruction” and how new technology and production methods can boost growth and living standards.

Like the other Nobel awards, the economics prize consists of a diploma, a gold medal, and a $1.2m cheque.

The Nobel prizes for medicine, physics, chemistry, literature and peace were announced last ‌week, with South African jurist Navi Pillay and Canadian writer Anne Carson among the winners.

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Robert Kelker-Kelly dead: ‘Days of Our Lives’ Bo Brady actor was 62

Actor Robert Kelker-Kelly, who was a familiar face in daytime dramas in the 1990s with turns in “Days of Our Lives” and “General Hospital,” has died.

Kelker-Kelly died Saturday evening at his home in St. Peters, Mo., the city’s Police Department confirmed Monday to The Times. Law enforcement officials responded Saturday evening to a report of an unconscious man who was not breathing. Police arrived at the actor’s home along with paramedics and “life-saving measures were administered but were unsuccessful,” police said.

Police said officers found nothing suspicious at the scene. A cause of death was not revealed, but police noted that Kelker-Kelly was said to have complained of chest pain before he became unresponsive. A spokesperson for the St. Charles County Ambulance District confirmed paramedics responded Saturday to a report of a man in cardiac arrest. Kelker-Kelly was 62.

Kelker-Kelly primarily acted in TV and was best known for his work in long-running daytime dramas, which also included “Another World.” Notably, he portrayed the rebellious heartthrob Beauregard “Bo” Brady in “Days Of Our Lives” from 1992 to 1995. He began his turn as Bo, which lasted for more than 586 episodes, following the departure of original actor Peter Reckell, who would return to the show off and on in the following decades.

During his tenure, Kelker-Kelly portrayed the spouse of Hope Brady and love interest of Lisa Rinna’s Billie Reed. She spoke negatively of that experience and called her co-star a bully in her memoir, released earlier this year. He did not respond to People’s request for a response at the time.

Kelker-Kelly made his official debut in “Another World” in 1987 and appeared in more than 400 episodes in a handful of roles until 1998, according to the actor’s IMDb page. He was also known for his work as Stavros Cassadine in “General Hospital” and its spinoff series “Port Charles.” John Martinuzzi originated the role. Kelker-Kelly’s “General Hospital” tenure lasted from 2001 to 2014 and was his final TV role. His television credits also include “Jack’s Place,” “Touched by and Angel” and “Rescue 77.”

The actor was born April 18, 1964, in Wichita, Kan. His mother was a nurse and his father a pathologist. Kelker-Kelly’s parents divorced when he was 7 years old, and he later moved in with his father. The actor was in and out of colleges but studied acting and grew fond of Shakespeare, according to People.

After his acting career, Kelker-Kelly became a professional pilot. He married production assistant Linda Ratner in 1988; they divorced four years later. Kelker-Kelly then married “Days of Our Lives” actor Miriam Parrish in 1997. That marriage ended in 2013. He is reportedly survived by a daughter, Amelia Rose Kelly.

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Zach Bryan wears ‘Free Palestine’ shirt at Robert Kraft’s Gillette Stadium

Country music star Zach Bryan signaled his support for Palestinians at the same stadium that recently banned rapper Macklemore over his efforts to do the same.

Grammy winner Bryan donned a black T-shirt emblazoned with the words “Free Palestine” and “Appeal to Heaven” during his Friday concert at Gillette Stadium in Foxborough, Mass., according to photos and videos shared on social media.

Members of his backing band also wore similar shirts, including drummer Nate Head, whose jersey paid homage to Hind Rajab, the 5-year-old girl killed alongside five members of her family in a 2024 attack by Israeli forces in Gaza.

Bryan’s Friday concert marked the first of two at Gillette Stadium, owned by billionaire Robert Kraft. The musician’s public display of support for Palestinians comes weeks after Kraft urged pop star Ed Sheeran to remove Macklemore from his tour, citing concerns over his pro-Palestinian messaging.

Last month, Sheeran and his touring team faced pressure to remove former opening act Macklemore from the rest of the tour. The Grammy-winning “Same Love” musician faced backlash from a number of Jewish advocacy groups over his performances at MetLife Stadium in New Jersey.

Days after the New Jersey shows, Messina Touring dismissed the rapper, who has been a vocal advocate for the Palestinian cause. “Shape of You” singer Sheeran denied playing a part in Macklemore’s departure, but confirmed in a statement that he spoke with Kraft, who was among the stadium owners expressing concern about Macklemore’s further involvement.

The remaining supporting acts for Sheeran’s tour, including Grammy winner Finneas (and brother of Billie Eilish) and folk band Beoga (Sheeran’s backing band), quit Sheeran’s Loop tour in solidarity. Sheeran carried on with his tour, but it hit another snag when his shows at Gillette Stadium last weekend were canceled “due to severe weather warnings” in the region.

Following the fallout, Macklemore announced his Free Palestine tour, which begins later this month with three shows in Dublin, Paris and London. Macklemore said he will be joined by artists “who have shown up and used their stages to stand in solidarity with the Palestinian people.”

The rapper announced on Wednesday that “all three shows sold out immediately.” He also said the full concert lineups and U.S. tour stops will come in a later announcement.

Macklemore, in his announcement, said all proceeds from the tour will go to a handful of charities supporting the Palestinians amid Israel’s war in Gaza. Macklemore previously said he would donate all $1 million of his earnings from his time on Sheeran’s tour to numerous pro-Palestinian charities.

Bryan’s With Heaven on Tour will return Saturday at Gillette Stadium. The “I Remember Everything” and “Pink Skies” singer will conclude his tour Oct. 10 at Jordan-Hare Stadium in Auburn, Ala.

The country star and U.S. Navy veteran, 30, is no stranger to channeling his political views in his music and performances. In 2025, Bryan released “Bad News,” a song critical of nationwide federal immigration enforcement operations.

Bryan’s pro-Palestinian stage gesture adds to a noticeable shift among mainstream artists speaking openly about their support for Palestinians amid Israel’s ongoing strikes on Gaza. Melissa Barrera, Rachel Zegler, Irish rap trio Kneecap and rap-punk group Bob Vylan have been among the entertainers who faced professional backlash for their criticism of Israel.

In April 2025, Cornell University also dismissed Kehlani from her headlining performance at the school after President Michael Kotlikoff accused the singer of espousing “antisemitic, anti-Israel sentiments in performances, videos, and on social media.”

In recent months, however, artists and entertainers, including Mark Ruffalo and the Israeli “NAZA” filmmakers Yuval Abraham and Rachel Szor (co-directors of Oscar winner “No Other Land”), continue to face backlash for criticizing Israel.



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Alfred Dunhill Links: Robert MacIntyre makes second-round move

Alfred Dunhill Links Championship – round two

-11 C Jarvis (RSA); -10 M Jordan (Eng), M. J. Daffue (RSA), R Repetto Taylor (Esp)

Selected others: -9 S Bairstow (Eng); -8 R MacIntyre (Sco), M Stewart (Sco), B Koepka (US), T Detry (Bel) -7 S Jamieson (Sco), C Syme (Sco) -6 M Fitzpatrick (Eng), T Fleetwood (Eng); – 5 L Donald (Eng) S Straka (Aus); -4 L Westwood (Eng), T Hatton (Eng), J Rose (Eng) +4 I Poulter (Eng)

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Defending champion Robert MacIntyre took advantage of calm conditions at Kingsbarns to shoot 65 and charge into contention at the Alfred Dunhill Links Championship.

The Scot’s round of seven under left him in a tie for ninth place, three strokes behind halfway leader Casey Jarvis of South Africa.

England’s Matthew Jordan matched MacIntyre’s score of 72 with six birdies and an eagle at Carnoustie to sit on 10 under for the tournament.

Spaniard Rocco Repetto Taylor is on the same mark, with his 64 at Kingsbarns the best round of the day.

“I was cleaning up the holes where I felt like you need to clean up, just kept it simple,” MacIntyre told BBC Scotland.

“We got really got lucky with the weather, the last hole was the only one we had with the wind blowing up.”

MacIntyre, who began the day on one under after his opening day at Carnoustie, reeled off four birdies on the front nine.

The Ryder Cup star was frustrated to drop a shot on the 11th but responded with four gains over the next five holes.

“I got wild with the bogey, but it spurs me on, three birdies in a row,” added MacIntyre as he prepares to tee off at St Andrews on Saturday.

“[I’ll] Just keep doing what I’m doing, shooting at pins, trusting the instincts.”

Michael Stewart, the surprise first-round leader, was level with his compatriot after a 71 at Kingsbarns.

“Hopefully he can get that bit of luck over the weekend to get on here [DP World Tour] full-time,” MacIntyre said of the world 979.

“I know the bits of luck I’ve had in my career that have got me to the position I’m in.

“His chipping and putting, I’m not sure there’s many better on the whole planet.”

American Brooks Koepka shot a 67 to join the Scottish pair on eight under, while English duo Tommy Fleetwood and Matt Fitzpatrick sit two shots behind the five-time Major champion.

In their first DP World Tour appearances in nearly four years, Lee Westwood got to four under after a 69 at Kingsbarns, but fellow LIV golfer Ian Poulter went out in 41 at Carnoustie on his way to 76 which left him four over.

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L.A. County sheriff’s election guide: Robert Luna vs. Alex Villanueva

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Former Long Beach Police chief Robert Luna came out of retirement to run for sheriff in 2022, promising to turn around a department that had veered off course.

As someone who didn’t have the wide name recognition or countywide political experience of some of his challengers, Luna’s second-place finish to Villanueva in the primary was far from guaranteed, but he ultimately cleared the rest of the field by a wide margin.

Fast-forward four years to June, and Luna received 44.2% of the vote in this primary — less than six points short of winning the race outright — versus Villanueva’s 21.7%. And Luna’s been a more effective fundraiser, bringing in $366,000 since Jan. 1, more than three times the nearly $109,000 Villanueva had raised by June 30, according to their most recent campaign filings. Luna had $352,000 in the war chest as of June 30, and Villanueva had about $56,000.

But Villanueva has wide name recognition in L.A. County. And he pulled off a historic political upset of his own in 2018 when he beat Sheriff Jim McDonnell, who is now the Los Angeles police chief. It was the first time an incumbent L.A. County sheriff lost a reelection campaign in more than a century. It was also the first time in 100 years that a Democrat had been elected to the nonpartisan sheriff’s job.

After running on a progressive platform and pitching himself as a criminal justice reformer, Villanueva tacked hard to the right. Within two years he was a favorite of conservative media, including Fox News, where he appeared repeatedly to vilify “woke” culture and criticize Democrats. He ultimately switched his party registration to Republican in a move that solidified a new base of law-and-order supporters while alienating many who supported him in 2018.

Villanueva’s tenure was marked by controversy and scandal. He launched, then walked back a criminal leak investigation of a Los Angeles Times reporter and was ordered to testify after sheriff’s deputies took and shared pictures at the site of Kobe Bryant’s helicopter crash. Villanueva defied subpoenas over so-called deputy gangs.

Now, Luna is the one defending his record as sheriff over the last four years. He’s presided over declines in homicides and violent crime and established a period of relative calm after the stormy Villanueva years. But Luna’s department has come under scrutiny in the wake of a July 2025 incident in which a grenade exploded accidentally in a department parking lot, killing three deputies. The state has fined the department more than $350,000 after identifying a series of safety violations leading up to the blast.

And the Civilian Oversight Commission filed suit against the department in June for declining to provide certain records related to three cases of use of force the commission issued subpoenas for in February 2025. Luna has said the county’s attorneys maintain that the unredacted records can’t be released until it completes a “meet and confer” process with the Sheriff’s Department union, a claim that watchdogs have disputed.

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