Economy, business, innovation

August 2025

The New Governor

The New Governor By Rabobank The 10 year US treasury yield fell back yesterday afternoon, after a modest rebound earlier in the day after Friday’s plunge due to the downward revisions to nonfarm payroll growth that led to President Trump firing the head of the Bureau of Labor Statistics. The US dollar has gained some […]

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Wireless Logic Acquires Zipit Wireless

The deal expands Wireless Logic’s North American presence and adds advanced capabilities for managing IoT billing and multi-tier connectivity Wireless Logic, a leading IoT solutions provider, has completed its acquisition of Zipit Wireless, a multi-carrier IoT connectivity and subscription billing solutions provider. The deal marks Wireless Logic’s first acquisition of a US-headquartered company and supports

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Earnings Summary: Marriott International Q2 2025 earnings beat estimates

Marriott International, Inc. (NASDAQ: MAR) reported higher revenue and adjusted earnings for the second quarter of 2025. Earnings also beat analysts’ estimates. Second-quarter revenues increased 5% to $6.74 billion from $6.44 billion in Q2 2024Reported net income was $763 million in Q2, while adjusted net income came in at $728 millionOn a per-share basis, unadjusted

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Senate GOP Could Bring Down Adam Schiff And Letitia James With LETITIA Act

Senate GOP Could Bring Down Adam Schiff And Letitia James With LETITIA Act Authored by Matt Margolis via PJMedia.com, It looks like Senate Republicans aren’t just talking tough on corruption – they’re laying the groundwork for real accountability, and Democrats like Sen. Adam Schiff and New York Attorney General Letitia James may finally have reason

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US Services Surveys Plunge… And Soar In July As Prices Paid Spike

US Services Surveys Plunge… And Soar In July As Prices Paid Spike Following the significant weakness exhibited by the Manufacturing surveys (and worsening ‘hard’ data), Services data  S&P Global US Services PMI ROSE from 52.9 to 55.7 in July – the highest since Dec 2024 ISM Services PMI FELL from 50.8 to 50.1 (below expectations)

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Earnings Summary: Highlights of Duke Energy’s Q2 2025 results

Energy holding company Duke Energy (NYSE: DUK) announced financial results for the second quarter of fiscal 2025, reporting higher revenues and adjusted earnings. Second-quarter adjusted earnings rose to $1.25 per share from $1.18 per share in the corresponding quarter last yearOn an unadjusted basis, Q2 earnings were $1.25 per share, vs. $1.13 per share in

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White House Order To Punish Banks That Discriminate Against Conservatives, Crypto Companies

White House Order To Punish Banks That Discriminate Against Conservatives, Crypto Companies The White House is about to unveil a new executive order that would punish big banks who discriminate against conservatives and crypto companies. A draft of the order seen by the WSJ directs bank regulators to investigate whether any financial institutions may have violated the Equal Credit

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AI tool improves access to critical water research

In a period of unprecedented change and scrutiny for the UK water sector, UK Water Industry Research (UKWIR) have announced a significant advancement in accessing its critical water research, with the launch of a groundbreaking bespoke AI search tool. This initiative directly supports the recommendations of the recently published Independent Water Commission (IWC) final report,

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Trump Administration To Fast-Track Lunar Nuclear Reactor

Trump Administration To Fast-Track Lunar Nuclear Reactor With an eye on beating Russia and China to the punch, the Trump administration is about to announce plans to fast-track the building of a nuclear fission reactor on the moon. NASA administrator Sean Duffy, who is also Transportation Secretary, is expected to announce the expedited program this week,

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