NewMexit: Secession In The Southwest?

"Semi-Irrational Chase" Sends Futures To Another Record High, Oil Drops On Iran Optimism The global market meltup is rolling on. US stock futures inch higher, but are off session highs, with oil falling for a third straight day as traders waited for updates on a potential US-Iran peace deal that would reopen oil flows through the Strait of Hormuz. As of 8:00am ET, S&P and Nasdaq futures were 0.1% higher, after the benchmarks notched back-to-back record highs. In premarket trading, most Mag 7 stocks were higher although Arm Holdings dropped 8% after...

No Storybook Ending: Disney Plans Another Round Of Layoffs Disney turned a new chapter earlier this year when Josh D'Amaro took over the century-old entertainment giant from Bob Iger as chief executive. But the closely watched succession has occurred against the troubling backdrop of recent reorganization and a questionable turnaround effort, leaving Wall Street analysts with mixed feelings. The Wall Street Journal reports that D'Amaro is set to continue the layoffs that started under Iger's watch, with a new round of approximately 1,000 workers that could be announced in the near...

Europe's Climate-First Policies Fuel Resistance To Air Conditioning As More Than 1,300 Die In Heat Waves Via American Greatness, Europe continues to rely on alternatives to air conditioning even as deadly heat waves claim lives across the continent.  Officials argue that expanding air conditioning is not a long-term solution. France’s record-breaking heat last week has been linked to about 1,000 deaths, most involving elderly people. According to World Health Organization Director-General Tedros Adhanom Ghebreyesus, Europe has recorded more than 1,300 excess heat-related deaths since June 21. Despite experiencing fewer hot days than many other regions, it...