Kim Oversees Test of New Engine for North Korean ICBM

Supreme Court To Hear Pivotal Climate Case With Billions At Stake Authored by Kevin Stocklin via The Epoch Times, The Supreme Court will hear oral arguments on Oct. 5 regarding a lawsuit from Boulder, Colorado, demanding compensation from energy companies for local weather damage allegedly caused by global greenhouse gas emissions. The question before the court, however, is not whether global warming theories hold water. It's whether local courts throughout the United States should have the authority to extract billions of dollars from energy companies for damage allegedly caused by global emissions. The...

Taiwan Plans $930 Million Sea Drone Buildout As China Expands Maritime Pressure Taiwan is moving quickly to build a large fleet of unmanned vessels as it looks for cheaper, scalable ways to complicate any Chinese attempt to blockade or cross the Taiwan Strait, according to Nikkei Asia. The emerging strategy combines something Taiwan already does well, building ships and sophisticated electronics, with American expertise in autonomous systems, artificial intelligence and military command networks. The potential scale is significant. Taiwan’s navy is considering roughly 1,320 small attack drones for the water, with spending...

Goldman Maps Retailer Exposure To Working-Poor Consumers As Gas Soars With the nationwide average gasoline price accelerating above the politically sensitive $4-per-gallon level, and the consumer backdrop for low-income households darkening, Goldman analysts published a note on Wednesday identifying which big-box retailers have the greatest exposure to working-poor households. "Our economists expect spending headwinds from higher inflation to weigh on growth for the rest of the year," Goldman Sachs Managing Director Kate McShane wrote in the note. She covered how Goldman analysts raised their Brent forecast for the fourth quarter of...