Economy, business, innovation

August 2025

Kamala Harris Serves Up More Word Salad While Admitting Trump Broke Her

Kamala Harris Serves Up More Word Salad While Admitting Trump Broke Her Authored by Steve Watson via Modernity.news, Political Failure Kamala Harris keeps talking about ‘continuing to fight’ but at the same time is declaring that she’s not going to run for anything because “the system is broken.” Harris appeared on Colbert’s moribund show, of […]

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Doomberg: “US Foreign Policy Adventures Standing In Way Of Nuclear Renaissance”

Doomberg: “US Foreign Policy Adventures Standing In Way Of Nuclear Renaissance” U.S. foreign policy is obstructing nuclear energy progress: “U.S. foreign policy adventures and various conflicts with perceived enemies is standing in the way of the nuclear renaissance.” Those were the words of energy and financial analyst Doomberg (who writes pseudonymously on Substack) from last

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CVX Earnings: Chevron reports lower Q2 revenue and profit

Energy company Chevron Corporation (NYSE: CVX) announced results for the second quarter of 2025, reporting a decrease in earnings and revenue. Revenues and other income totaled $44.8 billion in the June quarter, down from $51.18 billion reported in the year-ago quarter. Net income attributable to the company declined sharply to $2.49 billion or $1.45 per

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Is AI Turning Us Into Dummies?

Is AI Turning Us Into Dummies? Authored by Charles Hugh Smith via OfTwoMinds blog, Given that AI is fundamentally incapable of performing the tasks required for authentic innovation, we’re de-learning how to innovate. That AI is turning those who use it into dummies is not only self-evident, it’s irrefutable. ChatGPT May Be Eroding Critical Thinking Skills, According to

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XOM Earnings: A snapshot of Exxon Mobil’s Q2 2025 report

Exxon Mobil Corporation (NYSE: XOM) announced financial results for the second quarter of 2024, reporting a decline in revenues. Total revenues and other income decreased to $81.5 billion in the second quarter from $93.1 billion in the comparable period of 2024. Net income attributable to ExxonMobil was $7.08 billion, compared to $9.24 billion last year.

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TDS TikToker Asks For Tips On How To Be Unattractive To “MAGA Men”, Gets A Simple Answer…

TDS TikToker Asks For Tips On How To Be Unattractive To “MAGA Men”, Gets A Simple Answer… Authored by Steve Watson via Modernity.news, The cesspool that is TikTok is overflowing with mentally broken TDS sufferers ‘creating’ endless content consisting of every ‘Orange man bad’ thought that fizzles to the surface of their dwindling brain matter.

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UMich Sentiment Hits 5-Month High As Inflation Expectations Plunge

UMich Sentiment Hits 5-Month High As Inflation Expectations Plunge US consumer sentiment rose to a five-month high in July on optimism about current conditions tied to a stock-market rally, while inflation expectations eased further. The survey showed the current conditions gauge rose to a six-month high of 68, while the expectations index slipped to 57.7…

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Surveys Signal Manufacturing Contraction In July, But…

Surveys Signal Manufacturing Contraction In July, But… ‘Hard’ data has disappointed in recent weeks (most notably today’s payrolls miss) and while soft data overall has been rising, today’s Manufacturing surveys were expected to show deterioration (after a rebound from April lows). S&P Global US Manufacturing PMI fell from 52.9 to 49.8 (final) in July (back

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Those Who Write the Laws Always Exempt Themselves

https://www.armstrongeconomics.com/wp-content/uploads/2025/08/Pelosi-ACT.mp4   The PELOSI Act, which BANS Congressional stock trading, has just passed out of committee, 8-7. I have personally been asked by a Congressman who is no longer there for information. “The number one question from my constituents is where to put their money these days.” I did everything to prevent myself from laughing.

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Trump To Get On With Bitcoin Reserve “In Short Order” – Bo Hines

Trump To Get On With Bitcoin Reserve “In Short Order” – Bo Hines Authored by Martin Young via CoinTelegraph.com, US President Donald Trump’s crypto liaison has confirmed that the administration is still keen on a strategic Bitcoin reserve, despite only briefly being mentioned in a recently published crypto policy report. “We do believe in accumulation,”

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