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Following last month’s strong employment report, the numbers released on Friday were even better in some respects. The Labor Department's Bureau of Labor Statistics says a record 155,965,000 people were employed in July, the 11th record-breaker since President Trump took office 19 months ago. "Our economy is soaring. Our jobs are booming. Factories are pouring back into our country, they coming from all over the world. We are defending our workers," President Trump told a campaign rally in Pennsylvania on Thursday. BLS said the economy added 157,000 jobs in July (compared with a revised 248,000 in June). The unemployment rate...

BANGKOK — Defense Secretary Leon E. Panetta has ordered the Pentagon to find out why so many generals and admirals have become embroiled in legal and ethical problems, a trend exacerbated by recent investigations of two of the military’s best-known commanders. The Pentagon disclosed Panetta’s directive on Thursday after he arrived in Thailand as part of a visit to Asia. But aides insisted that he had been considering the review for some time and that it was not prompted by revelations that the FBI has been investigating former CIA director David H. Petraeus, a retired Army general, and Marine Gen....

WASHINGTON (Reuters) - The U.S. government rang up a $94.32 billion budget deficit in June, a record for the month, as the price tag for efforts to prop up the economy, banks and automakers mounted while revenues weakened. The Treasury Department said on Monday that June marked the ninth straight month in which the government had run a deficit. In June 2008, the budget enjoyed a $33.55 billion surplus

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