NatGas, Nuclear, Coal Keep Nation's Largest Grid From Buckling Under Heat Dome

La-Z-Boy Crashes Most Since 2022 As Frozen Housing Market Crushes Sofa Demand La-Z-Boy shares suffered their steepest decline in 4.5 years on Wednesday after the furniture maker's second-quarter guidance missed expectations, providing even more evidence that weak housing turnover has suppressed demand for big-ticket discretionary goods such as sofas and recliners. With mortgage rates elevated and home prices near record levels, affordability remains severely stretched, keeping transaction volumes depressed, thus limiting replacement purchases that typically drive furniture demand. La-Z-Boy forecasted second-quarter sales of $475.7 million, down 3% from a year earlier and well...

After Putin's Guarded Iran War Comments, Medvedev Enters The Chat Earlier this week President Putin weighed in on America's Iran operations, and as we detailed his comments were predictably a bit guarded. He had compared the war and the Hormuz Strait closure - and subsequent impact on global energy - to the massive widescale impact of the Covid-19 pandemic. But fundamentally he highlighted the "unpredictable" nature of the conflict in terms of where it's headed, as Washington appears to be searching for an offramp on its terms. On Friday Dmitry Medvedev weighed...

Among the key men involved in the American Revolution and the following periods, we find an oft-repeated concern that may seem foreign to us today—the threat of standing armies. This reality became concrete in the Newburgh conspiracy in 1783.