Futures Slide As Tech Rout Continues, Kospi Halted As It Crashes 10%

US-backed Ukrainian drone attacks on Russia on Thursday killed at least four people, according to local authorities, including a three-year-old boy in the Voronezh Oblast. Voronezh Governor Alexander Gusev said 36 Ukrainian drones were shot down over the region and that the boy was killed when one crashed and caused a fire in his home. […]

"Set Your AC To 78F": NYC Socialist Pleads With Residents As Fragile Grid Faces Blackout Risk "Set your AC to 78 degrees, turn off lights/electronics you're not using, and unplug what you can," New York City Socialist Mayor Zohran Mamdani wrote on X late Wednesday. New Yorkers are now getting a real-world lesson in what Mamdani's recent "warmth of collectivism" comments actually mean: shared sacrifice, including being told to dial back air conditioning during blistering heat as the risk of power blackouts rises. New York: it's hot out there, and the power...

Self-Flagellation Nation Authored by Frank Filocomo via RealClearBooks, You've probably heard the refrain before, but it bears repeating: The West is the best. As I write this, it's nearly one hundred degrees Fahrenheit here in Brooklyn. Thank God for air conditioning. The air conditioner, by the way, was invented by the New York-born Willis Carrier in the early part of the twentieth century. Willis was, without question, a product of Western Civilization. Before the AC - which we, no doubt, take for granted nowadays - our ancestors, when faced with the dog days of...