Economy, business, innovation

August 2025

Watch: ‘Invasion Fatigue’ Strikes As Spanish Beach-Goers Tackle Boat-Full Of Illegal Immigrants

Watch: ‘Invasion Fatigue’ Strikes As Spanish Beach-Goers Tackle Boat-Full Of Illegal Immigrants Authored by Steve Watson via Modernity.news, Video out of a small town in Spain shows beach going locals tackling and detaining a boat load of illegal immigrants who suddenly washed up and attempted to flee in the middle of the day. The video […]

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WTI Prices Hold Post-India Decline Despite Big Crude Draw, Production Drop

WTI Prices Hold Post-India Decline Despite Big Crude Draw, Production Drop Oil prices have traded in a volatile range overnight as API reported a big crude draw and then President Trump announced 25% additional tariffs on India due to their oil purchases from India. “The pressure on India to displace Russian barrels continues, and there

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Trump Slaps India With Additional 25% In Tariffs Over Russian Energy Trade

Trump Slaps India With Additional 25% In Tariffs Over Russian Energy Trade Just as he warned yesterday, President Trump signed an executive order imposing an additional 25% tariff on India over its purchase of Russian energy, the White House said Wednesday hours after talks between the US and Russia over the war in Ukraine failed to

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SHOP Earnings: Shopify Q2 FY25 profit rises on higher revenues

E-commerce company Shopify Inc. (NYSE: SHOP) on Wednesday reported an increase in revenue and net income for the second quarter of fiscal 2025. There was a sharp increase in gross merchandise value. June-quarter revenues climbed 31% year-over-year to $2.68 billion, as sales at the Subscription Solutions and Merchant Solutions segments grew sharply. The company reported net income of $906

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Disney Earnings: Pay TV Weakness Overshadows Strength In Parks & Streaming

Disney Earnings: Pay TV Weakness Overshadows Strength In Parks & Streaming Disney shares are trading lower in premarket following Q3 results that were broadly in line but revealed underlying softness. The company raised full-year adjusted EPS guidance to $5.85 (from $5.75), ahead of the Bloomberg Consensus $5.77 estimate. While adjusted EPS of $1.61 beat consensus ($1.46), investor sentiment was dampened by

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In Latest Empty Promise, Apple To Announce Another $100 Billion Investment In US Manufacturing

In Latest Empty Promise, Apple To Announce Another $100 Billion Investment In US Manufacturing President Donald Trump will announce that AI laggard Apple will commit to spend another $100 billion on domestic manufacturing, the latest (unforceable and thus meaningless) pledge by the tech giant to increase US production of its products as it seeks to

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Former CIA Officer: Russiagate Deep State Operatives Still Work At The Agency

Former CIA Officer: Russiagate Deep State Operatives Still Work At The Agency Authored by Steve Watson via Modernity.news, A former CIA operations officer has warned that Deep State operatives who concocted the fake Russia collusion narrative against President Trump under then Director John Brennan are still active inside the agency. Bryan Dean Wright told the

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UBER Earnings: Uber Technologies reports higher Q2 revenue and profit

Uber Technologies, Inc. (NYSE: UBER) on Wednesday reported an increase in revenues and net income for the second quarter of fiscal 2025. The ride-hailing company also provided guidance for the third quarter. Net income attributable to the company increased to $1.36 billion or $0.63 per share in the second quarter of FY25 from $1.02 billion

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DOGE Worker “Big Balls” Bloodied After DC Attack; Trump, Musk Call To Federalize DC 

DOGE Worker “Big Balls” Bloodied After DC Attack; Trump, Musk Call To Federalize DC  President Donald Trump and Elon Musk have called for the federalization of crime-ridden Washington, D.C., following the brutal attack on 19-year-old Edward Coristine, a former staffer at the Department of Government Efficiency (DOGE) whose LinkedIn handle earned him the nickname ‘Big Balls’.  “I

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Futures Rebound As Dip Buyers Just Won’t Stop

Futures Rebound As Dip Buyers Just Won’t Stop US futures rebound from yesterday’s modest drop as the market shakes off stagflationary concerns raised by NFP/ISM, although spoos trade well off their early session gains. As of 8:00am ET, S&P 500 futures and Nasdaq 100 futures were  0.2% higher. In premarket trading, McDonald’s and Shopify jumped after earnings beats; Mag7 names

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