Economy, business, innovation

August 2025

US Deploys F-16 “Super Squadron” Closer To North Korea Border After Kim’s Ultimatum

US Deploys F-16 “Super Squadron” Closer To North Korea Border After Kim’s Ultimatum The United States is expanding its military footprint on the Korean Peninsula by establishing another elite air unit near the demilitarized zone, which is apparently in response to Pyongyang’s last week announcement that it will only enter negotiations if the US abandons its […]

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Bureau Of Labored Statistics

Bureau Of Labored Statistics By Bas van Geffen, senior market strategist at Rabobank Non-farm payrolls came in at just 73,000 jobs last month. Moreover, revised estimates for May and June came in at just 19k and 14k. This means that 258,000 fewer jobs were created in those two months than initially estimated.  So, Friday’s employment

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US Factory Orders Tumbled In June By The Most Since COVID

US Factory Orders Tumbled In June By The Most Since COVID After surging 8.3% higher in May (amid tariff front-running and Boeing orders), US Factory orders tumbled 4.8% in June (as expected)… Source: Bloomberg Last month’s tariff-front-running surge up 8.3% is the second biggest monthly jump in 69 years. June’s follow-on decline is the biggest

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Trump is Taking us into World War III listening to the Wrong People

https://www.armstrongeconomics.com/wp-content/uploads/2025/08/US-Ambassador-to-NATO-804025.mp4   COMMENT: Marty, yes, they want to talk and force war by any means necessary. How incredibly crude and predictable the words coming from the mouth of US Ambassador to NATO, Matt Whitaker, are. Although I know, especially based on historical facts from WW1 and WW2, how war propaganda and the demonization of the

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Abbott Says He’ll Remove Texas Dems Who Fled State To Block GOP Redistricting Vote

Abbott Says He’ll Remove Texas Dems Who Fled State To Block GOP Redistricting Vote Absconding to — where else — Chicago, Democratic members of the Texas House of Representatives fled the state on Sunday to break a quorum and prevent a vote on a redistricting plan that promises to boost the GOP’s share of seats

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Earnings Summary: Highlights of Loews Corporation’s Q2 2025 report

Loews Corporation (NYSE: L), a diversified company with businesses in areas like insurance and hospitality, on Monday announced results for the second quarter of fiscal 22025. Net income increased to $391 million or $1.87 per share in the second quarter from $369 million or $1.67 per share in the year-ago quarterCNA Financial‘s net income attributable

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Earnings Summary: Highlights of Waters Corporation’s (WAT) Q2 2025 results

Waters Corporation (NYSE: WAT), a provider of analytical instruments and software, reported financial results for the second quarter of fiscal 2025. Second-quarter sales increased 9% YoY to $771 million, exceeding the guidance range; in constant currency, sales grew 8%On a per-share basis, June quarter earnings rose to $2.47 from $2.40 per share in the prior-year

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Earnings Summary: IDEXX Q2 2025 profit rises on higher revenues

IDEXX Laboratories, Inc. (NASDAQ: IDXX), a leading pet healthcare company, on Monday reported an increase in revenue and net income for the second quarter of fiscal 2025. Second-quarter revenue increased to $1.11 billion from $1.0 billion in the prior-year quarter, up 11%On an organic basis, revenue grew 9%, supported by CAG diagnostics recurring revenue growth

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Former FBI Director Wray Hit With Criminal Referral for Lying To Congress

Former FBI Director Wray Hit With Criminal Referral for Lying To Congress Authored by Matt Margolis via PJMedia.com, Former FBI Director Christopher Wray is now facing a criminal referral to the Department of Justice, thanks to a new filing from the Oversight Project—a D.C.-based watchdog group. The group is accusing Wray of lying to Congress

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