offers

At L.A. Public Library literary salon, Rick Atkinson offers hope

For a historian who writes about war, Rick Atkinson is surprisingly optimistic. The Pulitzer Prize-winning author and former journalist — who recently released the second volume in a trilogy of books about the American Revolution — believes that the bedrock of American democracy is solid enough to withstand any assaults on its founding principles.

As the guest of honor at a Sunday night dinner sponsored by the Library Foundation of Los Angeles as part of its biennial Literary Feasts fundraiser, Atkinson was the most upbeat person at the event, which took place just before Election Day. Speaking to about 18 guests gathered around two circular tables carefully laid out on the back patio at the home of fellow writers and hosts Meenakshi and Liaquat Ahamed, Atkinson buoyed the flagging spirits of those certain that the country was currently dangling on the precipice of disaster at the hands of the Trump administration.

Men and women sit around tables at a back patio.

Book lovers attend a Literary Feast dinner featuring Pulitzer Prize-winning historian Rick Atkinson at the home of writers Meenakshi and Liaquat Ahamed.

(Jason Armond / Los Angeles Times)

“We’re the beneficiaries of an enlightened political heritage handed down to us from that founding generation, and it includes strictures on how to divide power and keep it from concentrating in the hands of authoritarians who think primarily of themselves,” Atkinson said with the cheery aplomb of a man who has spent the bulk of his time burrowing deep inside archives filled with harrowing stories of the darkest days the world has ever seen. “We can’t let that slip away. We can’t allow it to be taken away, and we can’t allow ourselves to forget the hundreds of thousands who’ve given their lives to affirm and sustain it over the past 250 years.”

The questions and conversation that followed Atkinson’s rousing speech about the history of the Revolution — including riveting details about key players like George Washington who Atkinson noted had “remarkably dead eyes” in order to not give away a scintilla of his inner life to curious onlookers — was what the evening’s book-loving guests had come for.

Rick Atkinson greets guests at his table.

“We’re the beneficiaries of an enlightened political heritage handed down to us from that founding generation,” said Rick Atkinson.

(Jason Armond / Los Angeles Times)

A total of 40 authors are hosted at salon-style events at 40 houses with more than 750 guests over the course of a single evening, raising more than $2 million for the Library Foundation, which is a separate entity from the public library. Founded in 1992 in the wake of the devastating 1986 fire at downtown’s Central Library, which destroyed more than 400,000 books, the foundation seeks to continue the community-driven mission of the library when funding runs short, including supporting adult education, early literacy programs for children, and services for immigrants and the unhoused.

“I often describe it as the dream-fueling work, the life-changing work,” said Stacy Lieberman, the Library Foundation’s president and chief executive. “Because it’s a lot of the one-on-one support that people will get.”

The Foundation typically raises about $7 million to $8 million a year, with an operating budget of nearly $11 million, so money raised through the Literary Feasts is a significant slice of the funding pie. The feasts began in 1997 and have continued apace every other year since then, featuring a who’s who of literary accomplishment across every genre. Writers past and present include Sue Grafton, Jane Fonda, Ann Patchett, Viet Thanh Nguyen, Abraham Verghese, Scott Turow and Michael Connelly.

Dinner hosts fund the events themselves — no small outlay considering the lavish offerings.

A plate with steak and roasted vegetables sits on a table with glassware.

Guests were served steak with roasted carrots, turnips and potatoes.

(Jason Armond / Los Angeles Times)

The Ahameds delighted guests with a tangy grapefruit and greens salad, followed by tender steak with roasted carrots, turnips and potatoes; a dessert of hot apple tart à la mode drizzled with caramel sauce; and plenty of crisp red and white wine. Both hosts are literary luminaries in their own right: Liaquat, a former investment manager, won the 2010 Pulitzer Prize for history for his book “Lords of Finance: The Bankers Who Broke the World” and Meenakshi recently published “Indian Genius: The Meteoric Rise of Indians in America.”

The couple travels in bookish circles and enjoys hosting salons at their home, including one earlier this year in support of New Yorker political columnist Susan Glasser and her husband, New York Times chief White House correspondent Peter Baker. As friends of Atkinson, the Ahameds did their part to introduce him, and later tried their best to entice him to stop taking questions and eat his dinner.

The guest of honor could not be persuaded. There was too much to say. “The Fate of the Day,” which explores the bloody middle years of the Revolution from 1777 to 1780, was released in April, and Atkinson has spent the past eight months touring and speaking on panels with documentarian Ken Burns to promote Burns’ six-part documentary series “The American Revolution,” which premieres Nov. 16 on PBS.

Atkinson is a featured speaker in the series and has been involved with it for about four years.

Men and women stand in a living room drinking wine.

The dinner featuring Rick Atkinson was one of 40 taking place across town that evening. The events raised $2 million for the Library Foundation of Los Angeles.

(Jason Armond / Los Angeles Times)

The week before the Literary Feast, Atkinson and Burns spoke to members of Congress in Washington, D.C., and also screened a 40-minute clip at Mount Vernon where Atkinson discussed Washington’s unique talents as a general.

“I’ve seen the whole thing several times and it’s fantastic,” Atkinson said of the 12-hour film. “It’s as you would expect: beautifully filmed, wonderfully told, great narrative.”

The country is now more than four months into its semiquincentennial, which Atkinson joked “sounds like a medical procedure,” but is actually the 250th anniversary of the founding of the United States. It’s well known that Trump is planning a splashy party, with festivities and commemorations intensifying over the next eight months, culminating in a grand celebration in Washington, D.C., on July 4, 2026.

Rick Atkinson's book "The Fate of the Day."

Rick Atkinson’s book “The Fate of the Day,” which explores the bloody middle years of the Revolution from 1777 to 1780, was released in April.

(Jason Armond / Los Angeles Times)

“My hope is that as a country, we use the opportunity to reflect on those basic questions of who we are, where we came from, what our forebears believed and what they were willing to die for,” said Atkinson. “I’m optimistic because I’m a historian, because I know our history. No matter how grim things seem in 2025, we have faced grimmer times in the past, existential threats of the first order, starting with the Revolution.”

The politically deflated might also consider World War II — the subject of Atkinson’s Liberation Trilogy — the second volume of which won the 2003 Pulitzer Prize for history. The writer knows his stuff. Guests — and readers — take heart.

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Gaza’s traumatised children urgently need the hope education offers | Israel-Palestine conflict

When the ceasefire in Gaza was announced, I experienced a range of mixed emotions. I felt joy that the bombs had finally stopped, but also dread that they could resume at any time. I felt optimistic that we could go back to normal life, but also anxious that this could once again be short-lived.

As an English teacher, I hope to see education restored as soon as possible. Education is the only means of reviving hope and helping children start to overcome the trauma of two years of genocide. It can provide a sense of normalcy and purpose. That is why it ought to be Gaza’s top priority.

Before the start of the genocide, I taught English to elementary and middle school pupils at an educational centre and a public girls’ school in Gaza City.  The school was destroyed in the first weeks of the war; the education centre was badly damaged.

My family and I were forced to flee our home. A few months later, I started teaching in a tent; it was a local initiative run by volunteers. There were no desks in the tent; my students – ranging from six to 12 years of age – were sitting on the floor. The conditions of teaching were difficult, but I was committed to helping kids continue their education.

By late December 2024, pens, books, and notebooks started to entirely vanish from shops and markets. A single notebook would cost anywhere from 20 to 30 shekels ($6 to $9), if it was available at all. This was out of reach for the majority of families.

When the shortage of paper, books and pens became palpable, some of my pupils started arriving at class without anything to write on; others would collect scraps of paper from the rubble of homes and arrive at class with that; others still would write in tiny letters on the backs of old sheets of paper preserved by their families. Because pens were so scarce, several children would often have to share a single pen.

Since writing and reading, the cornerstone of education, became so difficult to do, we educators had to come up with alternative teaching strategies. We did group recitation, oral storytelling, and songs.

Despite the lack of supplies, children had an amazing will to continue learning. Seeing them struggling with old scraps of paper filled me with admiration and anguish; I was proud of their will to learn in spite of everything, and their perseverance inspired me.

I had a special notebook my grandmother had gifted me years ago, which I used as a diary. I wrote in it my dreams and my secrets. After the war, I filled the pages with stories of bomb explosions, homeless families sleeping in the street, starvation I had never experienced before, and suffering in the absence of even the most basic necessities.

On one particular school day in August, when the majority of my pupils showed up without any paper, I knew what I had to do. I took my notebook and I started tearing its pages, one by one, giving them to my students.

With so many kids, my notebook’s pages ran out in a single day. My students then had to go back to the scraps of paper or cardboard.

The truce may have put a stop to the bombs, but my students are still without paper and pens. Humanitarian aid has started coming into Gaza once again. Food, medicine, and materials for shelter are coming in. These are all crucial. But we also urgently need educational supplies and support to put education back on track for Gaza’s 600,000 schoolchildren.

Books, pens and paper are not just school supplies. They are a lifeline that can help the children of Gaza triumph over war, destruction and immense loss. They are critical tools that can sustain their perseverance and willpower to live, learn and see a bright future.

Children can recover from the trauma of war and regain a sense of security with the aid of education. Learning gives them back the structure, self-assurance, and hope for a brighter future that are necessary for both community healing and psychological rehabilitation.

We need to give children who lost two years of education the opportunity to write, learn, and dream again.

The views expressed in this article are the author’s own and do not necessarily reflect Al Jazeera’s editorial stance.

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White House offers migrant children $2,500 to return to home countries

The Trump administration said Friday that it would pay migrant children $2,500 to voluntarily return to their home countries, dangling a new incentive in efforts to persuade people to self-deport.

U.S. Immigration and Customs Enforcement didn’t say how much migrants would get or when the offer would take effect, but the Associated Press obtained an email to migrant shelters saying children 14 years of age and older would get $2,500 each. Children were given 24 hours to respond.

The notice to shelters from the U.S. Health and Human Services Department’s Administration for Families and Children did not indicate any consequences for children who decline the offer. It asked shelter directors to acknowledge the offer within four hours.

ICE said in a statement that the offer would initially be for 17-year-olds.

“Any payment to support a return home would be provided after an immigration judge grants the request and the individual arrives in their country of origin,” ICE said. “Access to financial support when returning home would assist should they choose that option.”

Advocates said the sizable sum may prevent children from making informed decisions.

“For a child, $2,500 might be the most money they’ve ever seen in their life, and that may make it very, very difficult for them to accurately weigh the long-term risks of taking voluntary departure versus trying to stay in the United States and going through the immigration court process to get relief that they may be legally entitled to,” Melissa Adamson, senior attorney at the National Center for Youth Law, said in response to the plans Friday.

ICE dismissed widespread reports among immigration lawyers and advocates that it was launching a much broader crackdown Friday to deport migrant children who entered the country without their parents, called “Freaky Friday.”

Gonzalez writes for the Associated Press.

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Former VP Kamala Harris offers few regrets about failed presidential bid

Former Vice President Kamala Harris offered a spirited defense of her short, unsuccessful 2024 presidential bid, lamented the loss of voters’ faith in institutions and urged Democrats to not become dispirited on Monday as she spoke at the first hometown celebration of her new book about her roller-coaster campaign.

She appeared to take little responsibility for her loss to President Trump in 2024 while addressing a fawning crowd of 2,000 people at The Wiltern in Los Angeles.

“I wrote the book for many reasons, but primarily to remind us how unprecedented that election was,” Harris said about “107 Days,” her political memoir that was released last week. “Think about it. A sitting president of the United States is running for reelection and three and a half months before the election decides not to run, and then a sitting vice president takes up the mantle to run against a former president of the United States who has been running for 10 years, with 107 days to go.”

She dismissed Trump’s claims that his 2024 victory was so overwhelming that it was a clear mandate by the voters

“And by the way, can history reflect on the fact that it was the closest presidential election?” Harris said, standing from her seat on the stage, as the audience cheered. “It is important for us to remember so that we that know where we’ve been to decide and chart where we are.”

Trump beat Harris by more than 2.3 million votes — about 1.5% of the popular vote — but the Republican swept the electoral college vote, winning 312-226. Other presidential contests have been tighter, notably the 2000 contest between Republican George W. Bush and Democrat Al Gore. Gore won the popular vote by nearly 544,000 votes but Bush won the electoral college vote 271-266 in a deeply contentious election that reached the U.S. Supreme Court.

Harris, faulted for failing to connect with voters about their economic pain in battleground states in the Midwest and Southwest, criticized former President Biden about his administration’s priorities. She said she would have addressed kitchen table issues before legislation about infrastructure and semiconductor manufacturing.

“I would have done the family piece first, which is affordable childcare, paid leave, extension of the child tax credit,” she said, basic issues facing Americans who “need to just get by today.”

Harris spoke about her book in conversation with Jennifer Welch and Angie “Pumps” Sullivan, the hosts of the “I’ve Had It” podcast and former cast members of the Bravo series “Sweet Home Oklahoma.”

Attendees paid up to hundreds or thousands of dollars on the resale market for tickets to attend the event, part of a multi-city book tour that began last week in New York City. The East Coast event was disrupted by protesters about Israeli actions in Gaza. Harris is traveling across the country and overseas promoting her book.

The former vice president’s book tour is expect to be a big money maker.

Harris’ publisher recently added another “107 Days” event at The Wiltern in Los Angeles on Oct. 28.

The Bay Area native touched upon current news events during her appearance, which lasted shortly over an hour.

About the impending federal government shutdown, Harris said Democrats must be clear that the fault lies squarely with Republicans because they control the White House, the Senate and the House of Representatives.

“They are in power,” she said, arguing that her party must stand firm against efforts to cut access to healthcare, notably the Affordable Care Act.

She also ripped into Trump for his social media post of a fake AI-generated video of Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries. The video purports to show Schumer saying that Latino and Black voters hate Democrats, so the party must provide undocumented residents free healthcare so they support the party until they learn English and “realize they hate us too.” Jeffries appears to wear a sombrero as mariachi music plays in the background.

“It’s juvenile,” Harris said. Trump is “just a man who is unbalanced, he is incompetent and he is unhinged.”

Harris did not touch on the issues she wrote in her book that caused consternation among Democrats, such as not selecting former Transportation Secretary Pete Buttigieg to be her running mate because she did not believe Americans were ready to support a presidential ticket with a biracial woman and a gay man. She also did not mention her recounting of reaching out to Gov. Gavin Newsom after Biden decided not to seek reelection, and him not responding to her beyond saying he was out hikinG.

Harris lamented civic and corporate leaders caving to demands from the Trump administration.

Among those Trump targeted were law firms that did work for his perceived enemies.

“I predicted almost everything,” she said. “What I did not predict was the capitulation of universities, law firms, media corporations be they television or newspapers. I did not predict that.”

She said that while she worked in public service throughout her career, her interactions with leaders in the private sector led her to believe that they would be “among the guardians of our democracy.”

“I have been disappointed, deeply deeply disappointed by people who are powerful who are bending the knee at the foot of this tyrant,” Harris said.

Harris did not mention that her husband, Doug Emhoff, is a partner at the law firm Willkie Farr & Gallagher that earlier this year that reached an agreement with the White House to provide at least $100 million in pro bono legal work during the Republican’s time in the White House and beyond.

In April, the firm reached an agreement with the Trump administration, with the president saying their services would be dedicated to helping veterans, Gold Star families, law enforcement members and first responders, and that the law firm agreed to combat antisemitism and not engage in “DEI” efforts.

Emhoff, who joined the law firm in January and also is now on the has faculty at USC , has condemned his law firm’s agreement with the administration.

Emhoff, who was in attendance at the event and posing for pictures with Harris supporters, declined comment about the event.

“I’m just here to support my wife,” he said.

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Trump administration opens more land for coal mining, offers $625M for coal-fired power plants

The Trump administration said Monday that it will open 13 million acres of federal lands for coal mining and provide $625 million to recommission or modernize coal-fired power plants as President Trump continues his efforts to reverse the yearlong decline in the U.S. coal industry.

Actions by the Energy and Interior departments and the Environmental Protection Agency follow executive orders Trump issued in April to revive coal, a reliable but polluting energy source that’s long been shrinking amid environmental regulations and competition from cheaper natural gas.

Environmental groups denounced the announcement, which comes as the Trump administration has clamped down on renewable energy, including freezing permits for offshore wind projects, ending clean energy tax credits and blocking wind and solar projects on federal lands.

Under Trump’s orders, the Energy Department has required fossil-fueled power plants in Michigan and Pennsylvania to keep operating past their retirement dates to meet rising U.S. power demand amid growth in data centers, artificial intelligence and electric cars. The latest announcement would allow those efforts to expand as a precaution against possible electricity shortfalls.

Trump also has directed federal agencies to identify coal resources on federal lands, lift barriers to coal mining and prioritize coal leasing on U.S. lands. A sweeping tax bill approved by Republicans and signed by Trump reduces royalty rates for coal mining from 12.5% to 7%, a significant decrease that officials said will help ensure U.S. coal producers can compete in global markets.

‘Mine baby, mine’

The new law also mandates increased availability for coal mining on federal lands and streamlines federal reviews of coal leases.

“Everybody likes to say, ‘drill baby, drill.’ I know that President Trump has another initiative for us, which is ‘mine baby, mine,’” Interior Secretary Doug Burgum said at a news conference Monday at Interior headquarters. Environmental Protection Agency Administrator Lee Zeldin and Energy Undersecretary Wells Griffith also spoke at the event. All three agencies signed orders boosting coal.

“By reducing the royalty rate for coal, increasing coal acres available for leasing and unlocking critical minerals from mine waste, we are strengthening our economy, protecting national security and ensuring that communities from Montana to Alabama benefit from good-paying jobs,” Burgum said.

Zeldin called coal a reliable energy source that has supported American communities and economic growth for generations.

“Americans are suffering because the past administration attempted to apply heavy-handed regulations to coal and other forms of energy it deemed unfavorable,” he said.

Trump has clamped down on renewable energy

Environmental groups said Trump was wasting federal tax dollars by handing them to owners of the oldest, most expensive and dirtiest source of electricity.

“Subsidizing coal means propping up dirty, uncompetitive plants from last century — and saddling families with their high costs and pollution,” said Ted Kelly, clean energy director for the Environmental Defense Fund. “We need modern, affordable clean energy solutions to power a modern economy, but the Trump administration wants to drag us back to a 1950s electric grid.’’

Solar, wind and battery storage are the cheapest and fastest ways to bring new power to the grid, Kelly and other advocates said. “It makes no sense to cut off your best, most affordable options while doubling down on the most expensive ones,” Kelly said.

The EPA said Monday that it will open a 60-day public comment period on potential changes to a regional haze rule that has helped reduce pollution-fueled haze hanging over national parks, wilderness areas and tribal reservations. Zeldin announced in March that the haze rule would be among dozens of landmark environmental regulations that he plans to roll back or eliminate, including a 2009 finding that climate change harms human health and the environment.

Coal production has dropped steeply

Burgum, who also chairs Trump’s National Energy Dominance Council, said the actions announced Monday, along with the tax law and previous presidential and secretarial orders, will ensure “abundant, affordable energy while reducing reliance on foreign sources of coal and minerals.’’

The Republican president has long promised to boost what he calls “beautiful” coal to fire power plants and for other uses, but the industry has been in decline for decades.

Coal once provided more than half of U.S. electricity production, but its share dropped to about 15% in 2024, down from about 45% as recently as 2010. Natural gas provides about 43% of U.S. electricity, with the remainder from nuclear energy and renewables such as wind, solar and hydropower.

Energy experts say any bump for coal under Trump is likely to be temporary because natural gas is cheaper, and there’s a durable market for wind and solar power no matter who holds the White House.

Daly writes for the Associated Press. AP writer Todd Richmond in Madison, Wis., contributed to this report.

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Kamala Harris’ book fuels debate about 2024, but offers little clarity about 2028

In an interview with Rachel Maddow this week promoting her new memoir, Kamala Harris was asked whether her book tour is part of a strategy to run again for the presidency in 2028.

“That’s not my focus at all,” Harris replied, dismissive of the idea. “It really isn’t.”

Democratic strategists agree that her book, “107 Days,” and the tour that has followed suggests Harris lacks a serious plan for a future in elected politics, generating more questions than clarity on her path forward and future role in public life.

The book has reopened a fractious intraparty debate over who is to blame for last year’s loss to President Trump. Polls show Harris’ standing in the field of 2028 Democratic presidential contenders as relatively weak for a figure who led the party less than a year ago. And even in California, her home state, Democrats prefer another potential candidate, Gov. Gavin Newsom, over her for the next contest.

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A historically weak showing

Harris argues in her book she had too little time to mount a competitive campaign after President Biden announced he would drop out of the race that July, handing the party mantle to her with little notice.

She called it “reckless” to allow Biden to make the decision to run for reelection on his own, and on tour, has acknowledged responsibility for not speaking up more on the matter herself. But she has not stated explicitly that it was a mistake for him to enter the race in the first place.

Harris would ultimately post the worst electoral college showing for a Democrat since Michael Dukakis in 1988.

“I realize that I have and had a certain responsibility that I should have followed through on,” she told Maddow. “When I talk about the recklessness, as much as anything, I’m talking about myself.”

Potential 2028 candidates for the Democratic presidential nomination, many of whom already are making visits to battleground states, have seized the moment of her tour to criticize her handling of the 2024 race. Harris wrote in the book that it was her duty as Biden’s vice president to remain loyal to him, despite acknowledging that, at 81, Biden “got tired” on the job.

“She’s going to have to answer to how she was in the room and yet never said anything publicly,” Pennsylvania Gov. Josh Shapiro told a SiriusXM podcast last week.

The book touches on Shapiro as well as Pete Buttigieg, Biden’s former Transportation secretary and another possible contender in 2028, as figures she considered as potential running mates. But airing her assessments of active political aspirants has only drawn more scrutiny. On “Good Morning America” this week, asked whether her book had hurt her relationships with fellow Democrats, Harris replied, “that’s not my intention, and I hope not.”

“Harris, like other well-known Democrats, naturally wants to be a part of the national conversation — about 2024, 2026 and 2028. What happened, what should the party do, and who should lead it forward?” said Andrew Sinclair, an assistant professor of government at Claremont McKenna College. “These are all questions Democrats are actively debating now, and even if she decides not to run in the future, Harris has a high enough profile in the party to have a role in answering those questions.”

Passing on a potential run for governor of California, Harris told Stephen Colbert that she had decided America’s system of elected offices was no longer the venue for her to enact change. “I think it’s broken,” she said.

But her memoir and book tour have shed little light on what alternatives she might have in mind to remain a relevant figure in public life — or what vision she has for the Democratic Party going forward.

She concludes the book with a handful of platitudes on the need to invest in Gen Z.

“We need to come up with our own blueprint that sets out our alternative vision for our country,” she wrote.

Newsom better positioned

High-quality polls show Harris remains a leading choice for Democrats in the next campaign cycle, tied or slightly edged out by Newsom. But under the hood, data indicate that less than 20% of Democrats view her as an ideal party leader entering the coming race.

Newsom’s polling trajectory, on the other hand, has begun moving in the opposite direction.

A series of polls published late last month found support for the California governor had surged over the summer, as Newsom embraced high-profile battles with Trump over ICE raids in Los Angeles, national gerrymandering efforts and the cultural memesphere.

And after Trump took substantial time in his speech to the United Nations General Assembly this week to deride climate change as a “hoax,” Newsom is in New York, as well, to attend Climate Week, highlighting California initiatives in interviews with Colbert and the New York Times.

His combative appearances, looking forward to 2028 and beyond, offer a contrast with a book tour by Harris that has thus far focused on the past.

“Governor Newsom has deftly positioned himself as the national Democrat most consistently ready to stand up to the president, adopting the tools — his podcast — and tactics — in-your-face-social media — that proved so effective for the GOP ticket last time,” said Bruce Mehlman, a bipartisan campaign consultant in Washington.

But the pace of political change in Trump’s America makes current polling unreliable, Sinclair said.

“The 2028 election is far away at a time when the political situation in the United States is changing rapidly,” he said, adding: “At best, Democratic leaders today can put themselves in a position to be influential, but I do not think anyone knows enough about what is going to happen next to have much more of a plan than that.”

What else you should be reading

The must-read: Family of former DACA recipient who died in ICE custody says officials ignored his pleas for help
The deep dive: RFK Jr. wants an answer to rising autism rates. Scientists say he’s ignoring some obvious ones
The L.A. Times Special: How viral rumors worsened the fallout from an ICE raid at Santa Fe Springs Swap Meet

More to come,
Michael Wilner

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ICE offers big bucks — but California cops prove tough to poach

In the push to expand as quickly as possible, U.S. Immigration and Customs Enforcement is aggressively wooing recruits with experience slapping handcuffs on suspects: sheriff’s deputies, state troopers and local cops.

The agency even shelled out for airtime during an NFL game with an ad explicitly targeting officers.

“In sanctuary cities, dangerous illegals walk free as police are forced to stand down,” the August recruitment ad warned over a sunset panorama of the Los Angeles skyline. “Join ICE and help us catch the worst of the worst.”

To meet its hiring goal, the Trump administration is offering hefty signing bonuses, student loan forgiveness and six-figure salaries to would-be deportation officers.

ICE has also broadened its pool of potential applicants by dropping age requirements, eliminating Spanish-language proficiency requirements and cutting back on training for new hires with law enforcement experience.

Along the way, the agency has walked a delicate line, seeking to maintain cordial relations with local department leaders while also trying to poach their officers.

“We’re not trying to pillage a bunch of officers from other agencies,” said Tim Oberle, an ICE spokesman. “If you see opportunities to move up, make more money to take care of your family, of course you’re going to want it.”

But despite the generous new compensation packages, experts said ICE is still coming up short in some of the places it needs agents the most.

“The pay in California is incredible,” said Jason Litchney of All-Star Talent, a recruiting firm. “Some of these Bay Area agencies are $200,000 a year without overtime.”

Even entry level base pay for a Los Angeles Police Department officer is more than $90,000 year. In San Francisco, it’s close to $120,000. While ICE pays far more in California than in most other states, cash alone is less likely to induce many local cops to swap their dress blues for fatigues and a neck gaiter.

“If you were a state police officer who’s harbored a desire to become a federal agent, I don’t know if you want to join ICE at this time,” said John Sandweg, who headed ICE under President Obama.

Police agencies nationwide have struggled for years to recruit and retain qualified officers. The LAPD has only graduated an average of 31 recruits in its past 10 academy classes, about half the number needed to keep pace with the city’s plan to grow the force to 9,500 officers.

“That is a tremendous issue for us,” said Brian Marvel, president of the Peace Officers Research Assn. of California, a professional advocacy organization.

ICE hiring fair

A person walks near the stage during a hiring fair by U.S. Immigration and Customs Enforcement on Aug. 26 in Arlington, Texas.

(Julio Cortez / Associated Press)

ICE, too, has long failed to meet its staffing targets. As of a year ago, the agency’s Enforcement and Removal Operations — it’s dedicated deportation force — had 6,050 officers, barely more than in 2021.

As of Sep. 16, the Department of Homeland Security said it has sent out more than 18,000 tentative job offers after a summer recruitment campaign that drew more than 150,000 applications.

It did not specify how many applicants were working cops.

At an ICE career expo in Texas last month, the agency at times turned away anyone who didn’t already have authorization to carry a badge or an honorable discharge from the military.

“We have so many people who are current police officers who are trying to get on the job right now and that’s who we’ve been prioritizing,” one ICE official at the event said.

But the spirited pursuit of rank-and-file officers has sparked anger and resentment among top cops around the country.

“Agencies are short-staffed,” said David J. Bier, an immigration expert at the Cato Institute. “They are complaining constantly about recruitment and retention and looking every which way to maintain their workforce — and here comes along ICE — trying to pull those officers away.”

Law enforcement experts say that outside of California, especially in lower income states, many young officers take home about as much as public school teachers, making the opportunity for newer hires to jump ship for a federal gig even more enticing.

Some fear the ICE hiring spree will attract problematic candidates.

“The scariest part keeping me up at night is you hear agencies say we’re lowering standards because we can’t hire,” said Justin Biedinger, head of Guardian Alliance Technologies, which streamlines background checks, applicant testing and other qualifications for law enforcement agencies.

At the same time, the Trump administration is finding ways to deputize local cops without actually hiring them.

The Department of Homeland Security has dramatically overhauled a controversial cooperation program called 287(g) that enlists local police officers and sheriff’s deputies to do the work of ICE agents.

Homeland Security Secretary Kristi Noem

U.S. Department of Homeland Security Secretary Kristi Noem speaks at a news conference at the Wilshire Federal Building in June in Los Angeles.

(Luke Johnson/Los Angeles Times)

As of early September, according to the program website, 474 agencies in 32 states were participating, up from 141 agencies in March.

Some states such as Georgia and Florida require their agencies to apply for the program. Others, including California, forbid it.

But that, too, could soon change.

The administration is exploring ways to force holdouts to comply, including by conditioning millions of dollars of funding for domestic violence shelters, rape crisis hotlines and child abuse centers on compliance with its immigration directives. In response, California and several other states have sued.

Even in so-called sanctuary jurisdictions such as Los Angeles, where local laws prohibit cops from participating in civil immigration enforcement, police officers have found themselves tangled up in federal operations. The LAPD has drawn criticism for officers responding to the scenes of ICE arrests where confrontations have erupted.

“We get called a lot to come out and assist in providing security or making sure that it doesn’t turn violent,” said Marvel, the police advocacy organization president.

“The vast majority of peace officers do not want to do immigration enforcement because that’s not the job they signed up for,” Marvel said. “We want to protect the community.”

Among the agency’s most vocal critics, the push to beef up ICE is viewed as both dangerous and counterproductive.

“Punishing violent criminals is the work of local and state law enforcement,” said Ilya Somin, law professor at George Mason University and a constitutional scholar at the Cato Institute. “If we were to abolish ICE and devote the money to those things, we’d have lower violence and crime.”

The cash and perks ICE is dangling will inevitably draw more people, experts said, but some warned that newly minted deportation officers should be careful about mortgaging their future.

The potential $50,000 hiring bonus is paid out in installments over several years — and the role may lack job security.

At the same time Trump is doubling ICE’s headcount, he’s also rewriting the rules to make it far easier to ax federal workers, said Sandweg, the former Obama official.

That could come back to haunt many agency recruits four years from now, he said: “I think there’s a very good chance a future Democratic administration is going to eliminate a lot of these positions.”

Zurie Pope, a Times fellow with the Ida B. Wells Society for Investigative Reporting, contributed to this report.

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The Chase’s Mark Labbett hints he could quit ITV show as he confirms he’s open to ‘full-time job offers’

MARK Labbett has hinted that he could quit The Chase after revealing he’s open to new job offers.

The star has become one of the most popular faces from the ITV quiz show and has even starred on both the American and Australian versions.

Mark Labbett attends the NTA's 2025.

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The Beast has hinted he could leave The ChaseCredit: Getty
Mark Labbett on Beat the Chasers with an awkward expression.

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The star is open to better full-time job offersCredit: ITV

But The Beast has now cast doubt on if he will remain with the show by confirming he would quit the “part-time” gig for something more permanent.

The quizzer and TV personality made the confession as he attended the National Television Awards.

Mark said: “I take great pride in being, as I modestly put it, the best Chaser in the world…

“I love my job.”

But he then quickly added to the Daily Express: “At the same time – it’s a part-time gig.

“I won’t deny it if I’m lucky enough to get a good offer somewhere else for a full-time gig.

“But until that time, I’ll keep working.”

He further hinted that he would be open to taking on more opportunities on international versions of the show.

Mark added: “I love doing The Chase in Australia and America – and who knows – maybe New Zealand, maybe.

“They keep sending me, as I’m good at my job.”

The Chase fans rage quiz has ‘gone down the toilet’ after contestant’s shock decision

Mark recently spread his wings away from The Chase after signing up to find love on E4 reality show, Celebs Go Dating.

However, his mission was unsuccessful as Mark left the programme single.

Mark Labbett of The Chase looking angry during the game, with a score of 18 shown.

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He is the show’s breakout starCredit: ITV

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Throop Peak, reached via a 4-mile hike near L.A., offers great views

Many of the treks to reach the San Gabriel Mountains’ highest peaks are arduous slogs up steep hillsides, all-day affairs that, while rewarding, are not simple day hikes.

But then there’s Throop Peak (pronounced “troop”).

Reachable via a four-mile, round-trip hike over moderate terrain, this 9,138-foot summit offers panoramic views of Los Angeles County and beyond, with some hikers reportedly seeing not only the Pacific Ocean but also Death Valley from this mountaintop.

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A few reminders before we dive in:

  • Always check the weather before leaving, especially right now when L.A.’s weather patterns are flip-flopping between autumnal 🍂 and summer. 🥵
  • Pack more water than you think you need; there is none on this trail (although Little Jimmy and Lamel Springs — seasonal water options — are nearby).
  • Print this form, place it on your vehicle’s dash and remember to share a digital copy with a loved one before you leave.
Mount Lewis and the Antelope Valley from the trail near Throop Peak.

A view of Mount Lewis and the Antelope Valley from the trail near Throop Peak.

(Jaclyn Cosgrove / Los Angeles Times)

You’ll start your trek to Throop Peak at Dawson Saddle, a mountain pass that’s about an hour-and-a-half northeast of downtown L.A. There are no toilets at the trailhead, so make sure to stop beforehand if needed, perhaps at the nearby Jarvi Vista Overlook, which you’ll pass if you’re taking Angeles Crest Highway to reach the trail.

A view of the Antelope Valley, including Three Sisters and Black Butte, from the Dawson Saddle trail.

A view of the Antelope Valley, including Three Sisters and Black Butte, from the Dawson Saddle trail.

(Jaclyn Cosgrove / Los Angeles Times)

You’ll find the trailhead across the highway from a large maintenance shed. Please take good care as you head up the first third of a mile of the trail, which is narrow and slippery. Hiking poles would be helpful here.

Need to catch your breath as you get acclimated? Turn and appreciate the immediate views of the Antelope Valley to the north!

Soon, you’ll reach a ridgeline that you’ll take south past fallen logs, green pine trees and thick manzanita. From here, about half a mile in, you can look to the southeast and see where you’re headed. Throop Peak will be already visible! The trail is fairly moderate from here.

The trail to Throop Peak includes a lush segment through pine forest.

The trail to Throop Peak includes a lush segment through pine forest.

(Jaclyn Cosgrove / Los Angeles Times)

About 1.25 miles in, you will notice on your map that you can take one of two paths to reach the summit.

Mostly out of curiosity, I took the more direct route: a third of a mile up steep terrain where I crushed over sandy, rocky soil that at times was unstable. I wished I had trekking poles, but in what seems to be my curse, I forgot them at home (again!).

Just before reaching the summit, I followed the path through a thick stand of manzanita. I crossed through, although doing so always gives me the willies because snakes love shady shrubs.

The other path to the summit is twice as long, but only two-thirds of a mile, so still a short jaunt. With either path, you will gain just over 460 feet in elevation, and either path will reward you with increasingly stunning views.

I was blown away when I reached the summit, quickly noticing nearby Mt. Baden Powell, which I’ve hiked many times. Farther out, I observed layers of mountains seemingly stacked against each other, like views a painter using aerial or atmospheric perspective employs to show depth.

Layers of peaks visible from the Throop Peak summit.

Layers of peaks visible from the Throop Peak summit.

(Jaclyn Cosgrove / Los Angeles Times)

I read the plaque at the summit that identifies its namesake, Amos G. Throop, founder of “Throop University in 1891,” which eventually became CalTech. (For transparency, Throop founded a Universalist group in Pasadena that exists now as the church I attend; hence I knew how to pronounce the peak’s name.)

The official and unofficial signs that mark the summit of Throop Peak.

The official and unofficial signs that mark the summit of Throop Peak.

(Jaclyn Cosgrove / Los Angeles Times)

One of the nice parts of this hike is that it isn’t terribly crowded. I encountered only five people and three dogs on my late afternoon hike last week. I had the summit to myself, which meant I could sit and really appreciate not only the surrounding vistas but also its native plants, including thick patches of yellow rabbitbrush, some lupine and maybe a bit of San Bernardino beardtongue, if my plant identification app is correct.

If you’d like to continue hiking, you have the option — as long as you have a good map — to keep hiking, hitting Mt. Baden Powell, Mt. Hawkins or any number of other surrounding peaks.

On my way down, I listened to two Clark’s nutcrackers calling back and forth to each other, and then later, the echoing squawks of ravens communicating as they foraged together.

The view from Throop Peak, a less popular hike in Angeles National Forest.

The view from Throop Peak, a less popular hike in Angeles National Forest.

(Jaclyn Cosgrove / Los Angeles Times)

Given its short distance, moderate difficulty level and high payoff, this is one of my new favorite hikes. I’d like to return soon with friends to watch the moon rise from the summit, as the clear views to the east offer excellent opportunity for that. With every new adventure comes inspiration for the next one. May you find the same!

Throop Peak via Dawson Saddle
Distance: 4 miles
Elevation gained: About 1,200 feet
Difficulty: Moderate
Dogs allowed? Yes
Accessible alternative: For desert vibes, the Prime Desert Woodland Preserve; for views, Mount Wilson Observatory

A wiggly line break

3 things to do

Beachgoers enjoying the sun at Bluebird beach.

Beachgoers enjoying the sun at Bluebird beach.

(Jacqueline Pinedo / Los Angeles Times)

1. Hunt for “trashure” along L.A’s coastline
The California Coastal Commission’s annual coastal cleanup day will be from 9 a.m. to noon Saturday, with cleanup events across the coastline. Several volunteer events are scheduled in L.A. County from Malibu to Long Beach. This year, volunteers can participate in what the commission has dubbed the “world’s largest scavenger hunt.” Various “trashure,” which can be redeemed for prizes including hotel stays, sporting event tickets and gift cards, will be hidden at cleanup sites. Learn more and sign up at coastal.ca.gov.

2. Begin your birding journey in Huntington Beach
Bolsa Chica Conservancy in Huntington Beach will host a beginner birder workshop from 9 a.m. to noon Sunday at its interpretative center (3842 Warner Ave.). Participants will learn how to use binoculars and how to spot and identify local birds. The class is $20 per person. Space is limited. Sign up at bolsachica.org.

3. Hike near herons in Harbor City
Los Angeles City Department of Recreation and Parks will host a nature hike from 8 to 10 a.m. Saturday through Ken Malloy Harbor Regional Park in Harbor City. Ryan Kinzel, the park department’s junior urban ecologist, will guide participants on this free trek near Machado Lake, home to more than 300 species of migratory birds, including multiple species of herons. Register at eventbrite.com, although walkups are welcome.

A wiggly line break

The must-read

A coyote at Ayala Cove located on Angel Island, a state park in the San Francisco Bay Area.

A coyote at Ayala Cove located on Angel Island, a state park in the San Francisco Bay Area, on Aug. 29.

(California State Parks)

At first, the dog-like creature swimming through the San Francisco Bay looked to be a seal or sea lion. Times staff writer Alex Wigglesworth reported that onlookers, including seasoned wildlife scientists, were amazed to discover that it was instead a coyote, swimming a quarter mile off the coast of Angel Island. Coyotes have lived at Angel Island State Park since 2017, when scientists observed the first one to arrive. That ’yote may have howled enough pleas for companionship across the bay to entice more to join it. Brett Furnas, an environmental scientist with the California Department of Fish and Wildlife, pointed out that the coyote recently spotted was swimming away from the island. “That’s consistent with dispersal,” he said. “I think some of those coyotes are now saying, ‘Hey, we want our own territory,’ and they’re trying to swim back to Marin.”

Happy adventuring,

Jaclyn Cosgrove's signature

P.S.

Our local parks are for everyone. That’s why it’s so important that as many residents as possible weigh in on the city of Los Angeles Park Needs Assessment. Is your community in dire need of green spaces? Does your local park need better lighting? What’s missing? What’s your dream for your neighborhood park? You can submit your comments at needs.parks.lacity.gov to help shape the future of our green spaces and more. On the website, you can also learn about when the next community meeting is scheduled near you.

For more insider tips on Southern California’s beaches, trails and parks, check out past editions of The Wild. And to view this newsletter in your browser, click here.

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Trump says he’ll designate antifa as a terrorist group but offers few details

President Trump said early Thursday that he plans to designate antifa as a “major terrorist organization.”

Antifa, short for “anti-fascists,” is an umbrella term for far-left-leaning militant groups and is not a singular entity. They consist of groups that resist fascists and neo-Nazis, especially at demonstrations.

It’s unclear how the administration would label what is effectively a decentralized movement as a terrorist organization, and the White House on Wednesday did not immediately offer more details.

Trump, who is on a state visit to the United Kingdom, made the announcement in a social media post shortly before 1:30 a.m. Thursday local time. He called antifa a “SICK, DANGEROUS, RADICAL LEFT DISASTER.”

He also said he will be “strongly recommending” that funders of antifa be investigated.

Antifa is a domestic entity and, as such, is not a candidate for inclusion on the State Department’s list of foreign terror organizations. Dozens of groups, including extremist organizations like Islamic State and Al Qaeda, are included on that list. The designation matters in part because it enables the Justice Department to prosecute those who give material support to entities on that list even if that support does not result in violence.

There is no domestic equivalent to that list in part because of broad 1st Amendment protections enjoyed by organizations operating within the United States. And despite periodic calls, particularly after mass shootings by white supremacists, to establish a domestic terrorism law, no singular statute now exists.

In an exchange with reporters in the Oval Office on Monday, Trump said he would pursue a domestic terrorism designation for antifa if such a move had the support of Atty. Gen. Pam Bondi and others in his Cabinet.

“It’s something I would do, yeah,” Trump said. ”I would do that 100%. Antifa is terrible.”

Wednesday night, Sen. Bill Cassidy (R-La.) praised Trump’s announcement, saying: “Antifa seized upon a movement of legitimate grievances to promote violence and anarchy, working against justice for all. The President is right to recognize the destructive role of Antifa by designating them domestic terrorists.”

In July 2019, Cassidy and Sen. Ted Cruz (R-Texas) introduced a resolution in the Senate to condemn the violent acts of antifa and to designate the group a domestic terror organization.

In 2020, in the midst of the George Floyd protests, Trump also raised the idea of designating antifa as a terror organization.

Trump’s previous FBI director, Christopher Wray, said in testimony that year that antifa is an ideology, not an organization, lacking the hierarchical structure that would usually allow it to be designated as a terror group by the federal government.

Kim writes for the Associated Press.

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J.W. Marriott offers personal tribute to Romneys at church

BOSTON — As he gave his acceptance address at the Republican National Convention last week, Mitt Romney for the first time gave America an intimate look at the role that his Mormon faith has played in his life and how his work in the church as a pastor helped shape him.

When Romney and his wife, Ann, attended church Sunday in Wolfeboro, N.H., his close friend J.W. Marriott (who is known as “Bill”) offered a bookend to that discussion — testifying during the service about how the spotlight on Romney this week had cast the Church of Jesus Christ of Latter-day Saints in a positive light and had drawn welcome attention to good works of the church.

“There has never been as much positive attention to the church, thanks to the wonderful campaign of Mitt Romney and his family,” Marriott told the congregation during his testimonial, which is a part of the service where church members often speak about what their faith means to them.

“Today we see the church coming out of obscurity and we see that 90% of what has been written … has been favorable. And that’s a great tribute to Mitt and Ann and their family for living such an exemplary life,” Marriott said. “A life of love and compassion, a good Latter-day Saint life. A life of leadership, reaching out to others, and touching others, and worshiping the lord and putting families and the church first.”

He added that now that the church was in the public eye, “everybody is looking at us and saying, ‘Are you as good as the Romneys?’ And of course we all have to continue to do better and live the commandments, and do the best we can to serve our church.”

The Marriotts have been a major presence in the communities around New Hampshire’s Lake Winnipesaukee. During a brief interview in July 2011, after a Wolfeboro campaign event, Ann Romney said she and her husband got their first glimpse of Lake Winnipesaukee when they came to the area to visit the Marriott family.

The friendship between the Marriott and Romney families extends over many decades. Bill Marriott, who spoke Sunday in Wolfeboro, has been a major financial backer of Romney’s campaign, and for a time Romney served on the board of Marriott International.

The Republican nominee’s parents, George and Lenore, were close friends with J. Willard Marriott, Bill Marriott’s father. George Romney’s papers at the Bentley Historical Library at the University of Michigan show that he relied on his friend for advice throughout his life on matters of church, family and politics.

After their introduction to the Lake Winnipesaukee area, the Romneys have used their lakeside retreat in Wolfeboro to relax and gather with their five sons and grandchildren. The house is set up for family activities including boating and games on a sand volleyball court. A building that was once used as stables has been converted to bedrooms that can house all 18 of the Romney grandchildren in a series of bunk beds.

The family’s home is set in the white pines with views of the Belknap Mountains and is only visible from the lake. After a busy few days on the campaign trail, Romney will spend time there this week (and at a friend’s home in neighboring Vermont) preparing for his fall debates with President Obama while Democrats hold their convention in North Carolina.
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We’re Closing in on the 2nd Priciest Stock Market in 154 Years — and History Offers an Ominous Warning of What Comes Next

When things seem too good to be true on Wall Street, they usually are.

For more than a century, the stock market has stood tall as the premier wealth creator, with stocks generating a higher average annual return than bonds, commodities, and real estate. But getting from Point A to B can often be an adventure.

Just five months ago, the unveiling of President Donald Trump’s tariff and trade policy sent the benchmark S&P 500 (^GSPC -0.64%), growth-fueled Nasdaq Composite (^IXIC -1.15%), and ageless Dow Jones Industrial Average (^DJI -0.20%) spiraling lower. The S&P 500 endured its fifth-steepest two-day percentage decline since 1950, while the Nasdaq Composite plummeted into its first bear market in three years.

However, sentiment on Wall Street can shift at the drop of a hat. Since President Trump announced a 90-day pause on higher “reciprocal tariffs” on April 9, the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have been off to the races, with all three indexes achieving multiple record-closing highs.

But this euphoria may soon be coming to an end, if history has its say.

A New York Stock Exchange floor trader looking up in bewilderment at a computer monitor.

Image source: Getty Images.

The stock market has rarely been pricier than it is right now

To preface the following discussion, historical precedent can’t concretely guarantee what’s going to happen in the future. If there was a metric or correlative event that could guarantee directional moves in the stock market, every investor would be using it by now.

With this being said, the stock market is making history on the valuation front — and not in a good way.

Value tends to be a subjective term that varies from one individual to the next. What you consider to be expensive might be viewed as a bargain by another investor. This dynamic is one of the reasons the stock market can be so unpredictable.

When most investors “value” a stock, they turn to the time-tested price-to-earnings ratio (P/E), which is arrived at by dividing a company’s share price by its trailing-12-month earnings per share (EPS). The P/E is a quick and easy way to evaluate mature businesses, but it’s not without its faults. This traditional valuation measure doesn’t account for a company’s growth rate, and it can be rather useless during recessions and shock events (e.g., the pandemic).

When back-tested, arguably no valuation tool provides a more-encompassing, apples-to-apples comparison of stock valuations than the S&P 500’s Shiller P/E ratio, which is also referred to as the cyclically adjusted P/E ratio (CAPE ratio).

The Shiller P/E is based on average inflation-adjusted EPS over the trailing decade. This means short-lived recessions and shock events won’t skew valuation multiples.

S&P 500 Shiller CAPE Ratio Chart

S&P 500 Shiller CAPE Ratio data by YCharts.

With the S&P 500 crossing above 6,500 for the first time in its storied history on Aug. 28, the Shiller P/E ratio closed at 39.18, which is its high-water mark for the current S&P 500 bull market. There are only two other periods spanning 154 years when the Shiller P/E has been higher:

  • During the first week of January 2022, the S&P 500’s Shiller P/E surpassed 40 by a few hundredths.
  • In December 1999, the Shiller P/E hit its all-time high of 44.19.

Historical precedent comes into play when examining what has happened to stocks following these previous periods of premium valuations. The 2022 bear market wiped out a quarter of the S&P 500’s value and lopped off more than a third of the Nasdaq’s value.

Meanwhile, the dot-com bubble, which took shape just months after December 1999, saw the S&P 500 and Nasdaq Composite lose 49% and 78%, respectively, on a peak-to-trough basis.

In fact, any instance in which the S&P 500’s Shiller P/E ratio has surpassed and sustained 30 for a period of at least two months has been a harbinger of significant downside. The S&P 500, Dow Jones, and/or Nasdaq Composite lost between 20% and 89% of their value following the five previous occurrences of the Shiller P/E topping 30.

With the stock market closing in on its second-priciest valuation since January 1871, history couldn’t be clearer on what’s to eventually come.

A smiling person reading a financial newspaper while seated at a table in their home.

Image source: Getty Images.

Widening the lens leads to a completely different outlook

But there’s a big difference in attempting to forecast short-term directional moves for Wall Street’s major stock indexes and widening the lens to look at the big picture. While the Shiller P/E has an immaculate track record of forecasting eventual bear market downturns, few (if any) asset classes have proved more resilient over multiple decades than stocks.

The nonlinearity of economic and stock market cycles is one of the most-powerful catalysts working in favor of long-term investors.

For example, approximately 80 years have passed since the end of World War II. Since September 1945, the U.S. has navigated its way through a dozen recessions. The average recession has endured just 10 months, and none of these 12 downturns stuck around for longer than 18 months.

On the other end of the spectrum, the typical period of economic growth has endured for about five years, with two expansions surpassing the 10-year mark. Short-lived downturns and extended periods of growth are favorable to corporate EPS expansion over time.

This disparity between optimism and pessimism is even more apparent in the stock market.

In June 2023, the analysts at Bespoke Investment Group published a data set on X (formerly Twitter) that examined the calendar length of every bull and bear market in the S&P 500 dating back to the start of the Great Depression in 1929.

Bespoke found the average S&P 500 decline of 20% or greater lasted just 286 calendar days, or approximately 9.5 months. But over this nearly 94-year stretch, the typical bull market was sustained for 1,011 calendar days, or two years and nine months.

While it’s anyone’s guess what might happen to stocks a month, six months, or even a year from now, patience and perspective have proved invaluable to investors willing to look to the horizon. The S&P 500 has never been down over any rolling 20-year period, including dividends, which is a strong endorsement for the U.S. economy and stocks in the decades to come.



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Newsom offers clemency to 5 inmates serving life without parole

Gov. Gavin Newsom commuted the sentences of five inmates serving life without parole for murder, saying Friday that they deserve a chance at freedom after transforming their lives.

In all, the governor pardoned 23 people and commuted the sentences of 10 others. Newsom’s office said that many of those offered clemency had experienced childhood trauma and mental health struggles that impacted the choices they made.

Since he took office in 2019, Newsom has granted 247 pardons, which restore some rights to former felons, such as the ability to serve on a jury or obtain a professional license. He has also approved 160 commutations, which reduce sentences so that an inmate can appear before a parole board and potentially be released.

In this round, Newsom pardoned people convicted of assault with a deadly weapon, burglary, attempted murder and drug crimes. His office highlighted that pardons were prompted by what individuals did in the years after those convictions and were at the recommendation of elected officials, law enforcement officers and community leaders.

Among those whose sentences were commuted was Randolph Hoag, who was 28 years old in 1990 when he was convicted in Los Angeles County of murdering his girlfriend’s ex-husband. The Times reported that Hoag, a truck driver, shot Charles Sweed six times in the back before running away.

Newsom said Hoag, now 63, has “demonstrated a commitment to his rehabilitation and self-improvement” and is considered “a high medical risk based on his chronic, serious medical conditions.” Hoag will now be eligible to appear before the Board of Parole hearings, which decides whether a person is a risk to the community after considering input from victims, their families and prosecutors.

“This act of clemency for Mr. Hoag does not minimize or forgive his conduct or the harm it caused,” Newsom wrote in his order. “It does recognize the work he has done since to transform himself.”

Sweed’s sister, Cremae Sweed, became emotional Friday after learning from The Times that Hoag’s sentence was reduced. She said a prosecutor assured her that Hoag would never be released. Her brother, who had a 5-year-old daughter, served in the Marines and owned a tow truck company. Her family was never the same after his death, she said.

“My brother has been dead longer than he was alive, and [Hoag] is still alive,” she said. “He deliberately killed another man, so no, I don’t want him out, and he shouldn’t come out.”

Many of those granted clemency Friday were young adults when they committed their crimes, including Christian Rodriguez, who was 19 when he killed one victim and injured another in 1996. Rodriguez, 47, will now be eligible to appear before the parole board.

“Mr. Rodriguez has worked as both a youth offender and peer literacy mentor, and correctional officers have commended him for his leadership and rehabilitative gains,” Newsom wrote.

Others whose lengthy sentences were reduced included:

  • David Fitts, who was 23 when he shot and injured one victim, while his accomplice shot and killed a second victim in 1992. Fitts was sentenced to life without parole in Los Angeles County. Newsom said Fitts, 56, has “dedicated himself to his rehabilitation” and has received commendations from correctional officers for his work ethic and good conduct.
  • Karina Poncio, who was 21 when her accomplice fatally shot one person and injured another during a gang-related confrontation in 2000. She was sentenced in Orange County to life without parole. Poncio, 47, earned three associate degrees while in prison and is training to become a certified alcohol and drug specialist.
  • Cleveland Lindley, who was 25 when he was convicted of a 1995 armed robbery. He was sentenced in San Bernardino County to 75 years to life for three counts of robbery and another 30 years of sentence enhancements, Newsom’s office said. In prison, Lindley, 55, participated in a service dog training program and was commended by correctional staff for his compassion, maturity and work ethic.

Citing evidence of childhood trauma, Newsom reduced the sentence of Arthur Battle, who was 18 when he and an accomplice murdered a person in a contract killing in 2006. He was sentenced in Sacramento County to life without parole plus a 25-years-to-life sentence enhancement.

Newsom’s office said Battle had adverse childhood experiences, a term used to describe a range of traumatic events that can impact a person’s physical, mental and social health.

While in prison, Battle earned his GED, took college courses and works as an aide to inmates with disabilities. Battle, 37, had his sentence commuted to 21 years to life so he can appear before the Board of Parole hearings.

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U.S. offers military funeral honors to Capitol rioter Ashli Babbitt

The U.S. government is offering military funeral honors for Ashli Babbitt, the rioter who was killed at 35 by an officer in the Jan. 6, 2021, attack on the Capitol.

Babbitt was a U.S. Air Force veteran from California who was shot dead wearing a Trump campaign flag wrapped around her shoulders while attempting to climb through the broken window of a barricaded door leading to the Speaker’s Lobby inside the Capitol.

Offering military honors to one of the Capitol rioters is part of President Trump’s attempts to rewrite that chapter after the 2020 election as a patriotic stand, given he still denies he lost that election. Babbitt has gained martyr status among Republicans, and the Trump administration agreed to pay just under $5 million to settle a wrongful-death lawsuit that her family filed over her shooting.

Matthew Lohmeier, an undersecretary of the Air Force, said on X that the decision was “long overdue,” and shared a post from a conservative legal group that was advocating for Babbitt’s family. The group, Judicial Watch, said the family had requested military honors from former President Biden’s administration and had been denied.

In a statement, a U.S. Air Force spokesperson said that “after reviewing the circumstances” of Babbitt’s death, military funeral honors were offered to the family. Babbitt was a senior airman.

The post shared by Lohmeier included a link to a letter the Air Force under secretary wrote to Babbitt’s family, inviting them to meet him at the Pentagon.

“After reviewing the circumstances of Ashli’s death, and considering the information that has come forward since then, I am persuaded that the previous determination was incorrect,” the Aug. 15 letter read.

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Oklahoma City bombing offers hints at a Garland Justice Department

Arriving in Oklahoma City the night after the worst domestic terrorist attack in U.S. history, Merrick Garland grasped the enormity of the task ahead of him. Downtown resembled a war zone. Military vehicles blocked streets. For blocks, federal agents and police were busy collecting evidence. At the federal building, where 168 people had died in a massive bomb blast, rescue workers were searching through rubble for victims, guided by the eerie glow of floodlights that seemed to Garland as bright as the noonday sun.

With shattered glass crunching underfoot on his way to the command center, Garland knew his Justice Department team would have to surmount obstacles typical of any big investigation. But he also understood broader societal forces required special attention if prosecutors hoped to win justice for those slain: Trust in law enforcement was eroding, America was awash in conspiracy theories, and the government didn’t have a grip on the threat posed by right-wing extremists.

Garland’s oversight of the bombing inquiry provides insights into how, as President Biden’s nominee to be the next attorney general, he would run the Justice Department, according to interviews with former prosecutors and agents, as well as a detailed oral history Garland provided in 2013 to the Oklahoma City National Memorial & Museum. Though the attack took place nearly 26 years ago, the former prosecutor’s experiences have become newly relevant as he seeks to lead the federal effort to hold accountable those responsible for the deadly siege last month of the U.S. Capitol and to prevent similar violence.

“Merrick Garland has seen the face of domestic terrorism,” said J. Gilmore Childers, a former Justice Department prosecutor who worked with Garland on the Oklahoma City case. “And he has learned how to recognize that face and what it stands for.”

Garland is expected to win easy confirmation from the Senate, which is scheduled to hold a hearing Monday on his nomination. If confirmed, the 68-year-old federal appellate judge will face serious challenges beyond those posed by extremists who stormed the U.S. Capitol.

He has been tasked with expeditiously implementing Biden administration policies that seek to beef up enforcement of civil and voting rights laws, and reduce racial disparities in the criminal justice system. He will also need to bolster morale at an agency that became mired in the Trump era over how it handled prosecutions of the president’s associates and the rollout of a special counsel’s report on Russian interference in the 2016 election while simultaneously overseeing politically sensitive investigations, including a tax inquiry on Hunter Biden, the president’s son.

Garland is sure to get tough questions from senators of both parties. Conservatives are likely to attack him about Biden administration policies they consider to be too liberal. Republican senators expressed similar apprehensions when they torpedoed Garland’s 2016 nomination to the Supreme Court following the death of Justice Antonin Scalia, a conservative icon. They argued at the time that Garland’s appointment would swing the high court too far to the left. The GOP-controlled Senate refused to consider the nomination, and left the seat vacant for the next president to fill — though it was nearly nine months before the election. President Trump succeeded in winning confirmation of Neil M. Gorsuch, a conservative federal appellate judge, to the seat.

Still, Garland has drawn support from influential Republicans. Sen. Lindsey Graham (R-S.C.), the party’s most recent Judiciary Committee chairman, tweeted shortly after news of Garland’s nomination became public that the judge was “a man of great character, integrity, and tremendous competency in the law.”

His nomination has generated muted enthusiasm from liberal activists concerned he too often sided with law enforcement as a judge, and Democratic senators are expected to ask him about his plans to enforce civil rights laws and the Justice Department’s role in reforming police departments.

Lawmakers are also likely to question him about whether Trump bears legal culpability in urging his followers last month to march to the Capitol before they stormed the complex.

Associates say the federal judge — whose nomination became public hours before the Capitol was besieged — will avoid commenting directly on Trump or the Capitol investigation, but may point to lessons he learned while overseeing the investigation into the Oklahoma City bombing.

Garland has called overseeing that inquiry the capstone of his legal career, which has included a two-decade stint on one of the nation’s most influential appeals courts. Then a top Justice Department official, he spent several weeks in bomb-devastated Oklahoma personally supervising prosecutors and agents before returning to Washington, where he continued to guide the department’s bombing trial preparations.

“This is the central thing, the most significant thing I worked on,” Garland said in the oral history with the Oklahoma City National Memorial, in which he spoke at length about his work on the case.

Lawyers, he added, are not always sure if they make a difference in a specific case. But he never felt that way about Oklahoma City. “Being there makes you feel like you had a role to play in the investigation,” he said, “helping pull people together, and it’s a very satisfying feeling for a lawyer.”

Garland, a 1977 graduate of Harvard Law School, worked in private practice, rising to partner of a major law firm before deciding he needed trial experience, he has said. In 1989, he left his lucrative job and joined the Justice Department as a prosecutor. A few years later, he was tapped by the Clinton administration to serve as principal assistant deputy attorney general, the top advisor to the deputy attorney general who runs the department’s day-to-day operations.

Garland was at his desk April 19, 1995, when an “Urgent Report” flashed across his computer screen. It said there had been explosion at 9:02 a.m. at the Alfred P. Murrah Federal Building. Within minutes, the horror became clear: A bomb had detonated and scores of people, including children in a day care center, were missing and presumed dead.

The bombed-out federal building in Oklahoma City.

The Alfred P. Murrah Federal Building was devastated by a bomb that killed 168 people on April 19, 1995.

(Associated Press)

The Oklahoma City U.S. attorney’s office did not have the capacity to spearhead such a vast investigation. The day after the attack, Garland hopped on an FBI jet and headed west.

At first, the government suspected Islamic terrorists were behind the attack. But before Garland could land in Oklahoma, authorities arrested Timothy McVeigh, a former U.S. soldier who had become an anti-government zealot angry over the bloody 1993 storming of the Branch Davidians compound in Waco, Texas.

McVeigh’s initial court appearance was moved from the damaged federal courthouse to nearby Tinker Air Force Base, and Garland arranged that the hearing be open to the media and public, believing that conspiracy theories could be combatted with transparency.

When he met with prosecutors and investigators, he insisted that everyone “do everything by the book,” a mantra veterans of the inquiry still vividly recall. Garland, former agents and prosecutors said, understood missteps would be used to attack the legitimacy of the investigation by McVeigh’s defense team or anti-government extremists.

For example, former agents and prosecutors said, when a company offered to voluntarily turn over records, Garland ordered investigators to instead obtain the information with a subpoena. And when agents wanted to search a car for a second time, Garland told them to seek another warrant.

At the time, the O.J. Simpson trial was generating daily headlines detailing allegations of slipshod police work, and Garland did not want an Oklahoma City investigation to be criticized in the same way.

“It was the most recent sort of ‘Trial of the Century,’ which every few decades there is another trial of the century,” Garland said in the 2013 oral history. “There were a lot of issues in [the O.J. Simpson trial] about how the forensic evidence had been handled and also how the people involved, the investigators had handled themselves, and we wanted to be sure that we were not going to have that kind of circumstance.”

Former prosecutors said Garland’s assiduousness in Oklahoma City and his later assistance in supervising the trial team from Washington set the stage for a successful prosecution of McVeigh and a co-conspirator, Terry Nichols. McVeigh was eventually convicted and sentenced to death. He was executed in 2001. His co-conspirator, Terry Nichols, pleaded guilty and was sentenced to life in prison.

Through it all, Garland never betrayed emotion, not even when he and Donna Bucella, another Justice Department prosecutor, toured the devastated federal building, she said. With the stench of death in the air, they peered into the gaping hole left by the explosion and noticed a nearby workstation that hadn’t been touched — papers were perfectly stacked on a desk and a sport coat was draped without a wrinkle over a chair.

“We just looked at each other and nodded,” Bucella said. “That’s all you could do. It was a solemn moment.”

Jamie Gorelick, the deputy attorney general who sent Garland to Oklahoma City, said the future nominee was the right person for the job. A quick thinker, he made tough decisions but also wasn’t a micromanager.

“As attorney general, he would know he can’t run investigations, but he will make sure that the right questions are asked, the right resources are brought to bear,” Gorelick said. “That is certainly a lesson he learned from the Oklahoma City bombing.”

Garland has said he was so deeply affected by the bombing that he asked to remain in Oklahoma City to supervise the eventual trials. But Gorelick and Atty. Gen. Janet Reno rejected his request. After several weeks in Oklahoma City, Garland returned to Washington to help run the Justice Department.



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‘Christine McGuinness won’t be short of offers after Celebs Go Dating exit and here’s why’

Tonight, fans saw Christine McGuinness leave Celebs Go Dating after a rollercoaster week of emotions – as a PR expert explains why it was a great decision for the mother of three

Christine McGuinness
A PR expert claims Christine ‘won’t be short of offers’ after her stint on Celebs Go Dating(Image: Channel 4)

Earlier this year, Christine McGuinness signed up for E4 dating series, Celebs Go Dating, almost three years after her shock split from TV host, Paddy McGuinness, 52.

Before the series aired – it was revealed Christine had left the series, but despite her short stint, PR expert Rebecca May, founder of RM Publicity, says the star “won’t be short of offers” due to the strength and resilience she showed throughout.

From the first episode, it was evident that the 37-year-old mum of three was uncomfortable dating in the public eye – as she struggled to decide on who to take to Ibiza after the first mixer.

However, the star pushed through and ended up having a great date with mother of three Leanne, although she admitted she wasn’t sure if the relationship could flourish.

READ MORE: Kerry Katona slams Brooklyn Beckham in scathing rant amid family feudREAD MORE: Christine McGuinness was ‘so nervous’ on Celebs Go Dating as she speaks out

Christine McGuinness
Christine was seen struggling during her brief stint on the show (Image: E4)

In emotional chat with dating experts Anna Williamson and Paul C Brunson, Christine made the decision that it was time for her to leave the process.

Despite only being onscreen for a week – Christine made a huge impact in the agency, as she opened up about the reasoning behind her divorce with Paddy for the first time. In her emotional deep dive with agents Anna Williamson and Paul C Brunson, Christine confirmed there had been a “breach of trust” with Paddy, and she was the one to end things.

After the episode aired last week, the star’s social media was filled with positive comments.

And PR expert Rebecca May, founder of RM Publicity, says this is just the beginning. “Christine has seen her profile soar because she wears her heart on her sleeve in a very authentic and natural way, which is why people can relate to her.

“Fans are rooting for her and brands will be drawn to her because they see she is real. Her strength and resilience also shines through, and after recent events she has gained even more followers. She has great TV presence – and after Celebs Go Dating she certainly won’t be short of offers.”

Christine and Paddy
Christine and Paddy announced their shock split in 2022 (Image: Gareth Cattermole/Getty Images)

Appearing to suggest Paddy had made ‘mistakes,’ during her deep dive, Christine said: “Anyone can make mistakes but I think the trust was broken,” she explained. “I’ll always love him, he’s the father of my children and I think he’s the only man that I’ll ever love.

“A lot of people make mistakes and mess up, and when you’re in a couple who is quite well known in the industry, obviously then everyone knows your business. He was getting a really, really difficult time in the press,” she continued – although she didn’t expand on the ‘mistakes’.

After meeting in 2007, at the Liverpool International Tennis Tournament where Christine was modelling, the couple went from strength to strength.

Christine was just 19 at the time, and described meeting Paddy as “perfect timing” as she “struggled a lot” as a teenager, not knowing where she fitted or belonged.

They tied the knot just four years later, and went on to have three children, twins Leo and Penelope, 12, and eight year old daughter Felicity.

However, things came crashing down in 2022, when the couple released a shock joint statement informing the public on their split.

The couple have remained amicable, and are still living under the same roof. Recently, the couple jetted off on a family holiday with the kids, while Christine’s stint on the dating show airs on E4.

Christine McGuinness
Christine opened up about her split with Paddy for the first time (Image: Channel 4)

On the timing of the holiday, PR expert Rebecca added: “Interestingly, the timing of the holiday suggests it may have been tactfully timed just before the episode airs.

“This underlines that family is important to her and she wants to show a strong bond still with her ex husband by going on a big family holiday together.

“It suggests she most certainly wants that narrative to stand out before the episode drops, highlighting that they remain amicable and that co-parenting is a real priority for them.

“Ultimately – it is this balance of vulnerability and strength that makes her not only relatable, but deeply admired by her fans.”

Despite the two remaining amicable, and even still living together, it hasn’t stopped Christine from dating after the split.

Christine and kid
Christine and Paddy have remained amicable after their split – and recently jetted away on a family holiday

Christine, who dated women before and after Paddy, has been romantically linked to a number of high profile partners including singer Chelcee Grimes and model, rapper and DJ Roxxxan.

In June 2024, Christine revealed she had started dating someone and was the ‘happiest she’d ever been.’

Things didn’t quite work out, and Christine turned to reality TV to help her find love, however, the process of Celebs Go Dating was a completely new experience for the mother of three.

During her first date in Ibiza with Leanne, Christine mentioned that she’d never been on a date with someone completely new before, revealing that she’d already been familiar with everyone she’d been linked to prior to the split – before opening up about her autism and ADHD diagnosis

Christine informed her date Leanne that finds it difficult to make decisions, as we saw during the first mixer.

However, just a day before her exit, Christine was told she’d be going on a blind date. Although she didn’t have to make the decision herself, she revealed she also “hated surprises,” and it was evident she was having second thoughts about the process.

Christine was diagnosed with ADHD and autism in her early thirties, after her three children were also diagnosed with autism. She received the diagnosis in 2021, when she was 33 years old, and has been open about her diagnosis ever since.

“Routine is a huge part of our life. It gives them structure and comfort,” she said about her children. “Even small changes can feel really big for them, so we plan everything carefully.”

Before her own diagnosis, Christine told OK!: “I felt very distant, like I didn’t understand people – and like I didn’t really understand myself.”

“I now feel so connected, so in-tune, so intuitive… I understand myself completely.”

Like this story? For more of the latest showbiz news and gossip, follow Mirror Celebs on TikTok, Snapchat, Instagram, Twitter, Facebook, YouTube and Threads.



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Trump offers assurances that U.S. troops won’t be sent to help defend Ukraine

President Trump on Tuesday offered his assurances that U.S. troops would not be sent to help defend Ukraine against Russia after seeming to leave open the possibility the day before.

Trump also said in a morning TV interview that Ukraine’s hopes of joining NATO and regaining the Crimean peninsula from Russia are “impossible.”

The Republican president, Ukrainian President Volodymyr Zelensky and other European leaders held hours of talks at the White House on Monday aimed at bringing an end to Russia’s war against Ukraine. While answering questions from journalists, Trump did not rule out sending U.S. troops to participate in a European-led effort to defend Ukraine as part of security guarantees sought by Zelensky.

Trump said after his meeting in Alaska last week with Russian President Vladimir Putin that Putin was open to the idea of security guarantees for Ukraine.

But asked Tuesday on Fox News Channel’s “Fox & Friends” what assurances he could provide going beyond his term that American troops would not be part of defending Ukraine’s border, Trump said, “Well, you have my assurance, and I’m president.”

Trump would have no control over the U.S. military after his term ends in January 2029.

The president also said in the interview that he is optimistic that a deal can be reached to end the Russian invasion, but he underscored that Ukraine will have to set aside its hope of getting back Crimea, which was seized by Russian forces in 2014, and its long-held aspirations of joining the NATO military alliance.

“Both of those things are impossible,” Trump said.

Putin, as part of any potential deal to pull his forces out of Ukraine, is looking for the withdrawal of Ukrainian troops from the Donetsk and Luhansk regions, as well as recognition of Crimea as Russian territory.

At the end of Monday’s White House gathering, Trump said he is trying to arrange a meeting between Putin and Zelensky, followed by a trilateral meeting involving himself and the two warring leaders. Details and possible locations were not discussed, but an international arrest warrant for Putin could complicate any such meetings.

French President Emmanuel Macron said it could happen “in Europe” and he’s advocating for Geneva, although he said it could be another “neutral” country. He noted in an interview with French television TF1-LCI broadcast Tuesday that Istanbul hosted the most recent bilateral discussions, in 2022.

Meanwhile, Swiss Foreign Minister Ignazio Cassis said his country would be prepared to organize such a summit, Swiss public broadcaster SRF reported.

Asked about the complication posed by the International Criminal Court’s arrest warrant for Putin, Cassis said “the aim of receiving Mr. Putin in Switzerland without him being arrested is 100% achievable … of course, if he comes to Switzerland for the purposes of peace, for such a multilateral conference, not if he comes for private matters.”

Cassis said arranging for Putin to avoid arrest would require “a certain procedure,” but it could be done “in a few days.”

In the “Fox & Friends” interview, Trump said Putin and Zelensky are getting along “a little better than I thought,” noting the “tremendous bad blood” between them.

He said his perception of their relationship is why he’s arranging for them to meet one-on-one soon, instead of a three-way meeting with himself as sort of a mediator.

“I think they’re doing OK. I wouldn’t say they are ever going to be best friends, but they’re doing OK,” the president said.”

“You know, they’re the ones that have to call the shots,” Trump said. “We’re 7,000 miles away.”

The White House meeting with Zelensky included the leaders of Britain, France, Germany, Italy, Finland, the European Union and NATO.

Trump said the European leaders were not in the room when he spoke with Putin on Monday. He said he thought it would have been disrespectful to handle the phone call that way since Putin and the European leaders meeting with him at the White House haven’t had the “warmest relations.”

But despite that, he said that he has managed to maintain a “very good relationship” with Putin.

Superville and Madhani write for the Associated Press.

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Can Putin sway Trump with economic offers in Alaska? | Donald Trump News

United States President Donald Trump and his Russian counterpart Vladimir Putin are set to meet in Anchorage, Alaska, on Friday in a bid to try and end Russia’s three-year assault on Ukraine.

In the run-up to the meeting, Trump said that he believes Putin is ready to agree to a ceasefire. But his suggestion that Putin and Ukrainian President Volodymyr Zelenskyy could “divvy things up” has alarmed observers in Kyiv.

For their part, remarks from top Russian officials suggest that Moscow has tried to water down discussions about the war by linking them with other bilateral issues, particularly restoring economic ties with the US.

On Thursday, Putin sat down with top officials at the Kremlin to discuss the Alaska meeting. He said that he believed the US was making “sincere efforts to stop the fighting, end the crisis and reach agreements of interest to all parties involved in this conflict”.

Earlier on Thursday, Yuri Ushakov, one of Putin’s top foreign policy aides, told reporters about Russia’s preparations for the talks. He said it was “obvious to everyone that the central topic will be the settlement of the Ukraine crisis”.

“An exchange of views is expected on the further development of bilateral cooperation, including in the trade and economic sphere,” he said, pointing out that: “I would like to note that this cooperation has a huge and, unfortunately, untapped potential.”

Ushakov also announced that in addition to Russia’s Foreign Minister Sergey Lavrov, Russia’s delegation in Alaska would also include the country’s finance minister, Anton Siluanov, and Kirill Dmitriev, Putin’s envoy on foreign investment and economic cooperation.

The inclusion of Siluanov and Dmitriev is another sign that the Kremlin hoped to discuss economic matters at the summit.

What does Russia-US trade look like?

In 2021, before Russia’s full-fledged invasion of Ukraine, total trade between Russia and the US amounted to $36.1bn. This included $6.4bn in US exports to Russia, and $29.7bn in US imports from Russia – amounting to a US trade deficit of $23.3bn.

For context, Russia was America’s 30th largest trade partner in 2021. Since then, after numerous rounds of American sanctions, trade between Russia and the US has fallen roughly 90 percent.

Incidentally, Russia’s overall trade balance – leaving the US – declined significantly following its decision to invade Ukraine. From 2022 to 2023, its international balance of payments fell by a whopping 70 percent, to just $86.3bn.

But back in 2021, Russia’s trade surplus with the US was concentrated almost exclusively in commodities. Oil, minerals and base metals like iron and steel made up roughly 75 percent of Russia’s exports. Meanwhile, US exports to Russia were concentrated in manufactured goods.

Were Russian exports to the US vital?

The short answer is no.

By the time Russia invaded Ukraine in February 2022, the US – whose energy sector was transformed by hydraulic fracturing and horizontal drilling in the early 2000s – was already the world’s largest oil producer, at 11.9 million barrels of oil per day.

One area where Russia did hold limited significance was in certain types of energy products. Russia supplied certain grades of crude oil – notably Urals – as well as refined products like vacuum gas oil (VGO), residual fuel oil and naphtha.

Russian VGO was especially important for making gasoline and diesel products in US refineries, which lacked enough domestic feedstock with the optimal chemical and physical properties.

Elsewhere, the US continues to import limited quantities of uranium hexafluoride, a chemical important in uranium processing, from Russia. Some US utility companies still have supply contracts with Russia, which accounted for about one-third of America’s enriched uranium needs when war broke out.

As with energy products, however, American firms exposed to Russian uranium supplies have readjusted their supply chains in response to sanctions. What’s more, US companies like X-energy and Orano have invested heavily in domestic production in recent years.

Does Russia have any other leverage?

In the wake of sanctions after February 2022, most Russian commodity shipments were rerouted from Western countries to China at discounted prices, including for energy products and uranium.

Indeed, trade between China and Russia has grown in parallel with sanctions on Russia. A common border, shared geopolitical perspectives and joint opposition to the US have deepened bilateral relations.

Russia-China trade saw annual growth of nearly 30 percent in both 2022 and 2023, when it hit $240.1bn, according to the Centre for European Policy Analysis. In 2024, Russia climbed to 7th place among China’s trading partners, up from 13th place in 2020.

During that time, China has supplied Russia with more high-end products – like advanced electronics and industrial machinery – while Moscow has solidified its position as a top supplier of oil and gas to Beijing.

What’s more, the two countries conduct regular naval exercises and strategic bomber patrols together. The US has consistently expressed concerns over joint military drills and views the China-Russia alignment as a threat to its global leadership role.

Putin will be aware of these dynamics heading into Friday’s meeting.

What else could Putin offer Trump?

In March, Putin’s investment envoy – Kirill Dmitriev – claimed that Russia and the US had started talks on rare earth metals projects in Russia, and that some American companies had already expressed an interest in them.

“Rare earth metals are an important area for cooperation, and, of course, we have begun discussions on various rare earth metals and (other) projects in Russia,” Dmitriev told the Izvestia newspaper.

China’s almost total global control over the production of critical minerals – used in everything from defence equipment to consumer electronics – has focused Washington’s attention on developing its own supplies.

The US Geological Survey estimates Russia’s reserves of rare earth metals at 3.8 million tonnes, but Moscow has far higher estimates.

According to the Natural Resources Ministry, Russia has reserves of 15 rare earth metals totalling 28.7 million tonnes, as of January 2023.

But even accounting for the margin of error hanging over Russia’s potential rare earth supplies, it would still only account for a tiny fraction of global stockpiles.

As such, the US has been pursuing minerals-for-security deals with the Democratic Republic of the Congo and Ukraine in recent months, in an effort to wrestle control of the global supply chain away from China.

It may try and do the same with Russia.

What does Russia want from these meetings?

Since Russia invaded Ukraine in 2022, Western countries have imposed 21,692 sanctions on Russia, mostly against individuals.

Key sanctions on Moscow include import bans on Russian oil, a price cap on Russian fuel, and the freezing of Russian central bank assets held in European financial institutions.

But on July 14, Trump threatened to impose so-called secondary sanctions, that if carried out, would mark a notable shift.

Since then, he has targeted India – the second biggest buyer of Russian oil – by doubling a 25 percent tariff on its goods to 50 percent, as a penalty for that trade with Moscow. So far, Trump has not imposed similar secondary tariffs on China, the largest consumer of Russian oil.

But he has suggested that Beijing could face such tariffs in the future, as the US tries to pressure countries to stop buying Russian crude, and thereby corner Putin into accepting a ceasefire.

Members of Trump’s administration have also indicated that if the Trump-Putin talks in Alaska don’t go well, the tariffs on India could be increased further.

Meanwhile, lawmakers from both US political parties are pushing for a bill – the Sanctioning Russia Act of 2025 – that would also target countries buying Russian oil and gas.

The bill would give Trump the authority to impose 500 percent tariffs on any country that helps Russia. US senators are reportedly waiting on Trump’s OK to move the bill forward.

In Alaska, Putin is expected to demand that Western sanctions on Russia be eased in exchange for Moscow agreeing to any peace deal.

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State Department offers $6 million reward in Russian crypto scheme

Aug. 14 (UPI) — The State and Treasury departments are offering rewards of up to $6 million for information leading to arrests in a Russian-operated cryptocurrency scheme, officials announced Thursday.

Garantex, a Russian-operated cryptocurrency exchange, allegedly used a series of criminals and cybercrime organizations to launder billions of dollars using hacking software, ransomware, terrorism and drug trafficking schemes, the FBI and Secret Service said.

“Between April 2019 and March 2025, Gartantex processed at least $96 billion in cryptocurrency transactions,” a release from the State Department said.

The State Department is offering individual rewards of $5 million and $1 million for Russian national Aleksandr Mira Serda, and other Garantex leaders.

The department is also targeting Grinex, a cryptocurrency exchange that was established as Garantex’s successor.

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Trump offers UCLA $1bn settlement amid pro-Palestine protest standoff | Donald Trump News

The proposed settlement is the highest yet, as Trump continues pressure universities to submit to wide-ranging demands.

The administration of United States President Donald Trump has requested that the University of California, Los Angeles (UCLA), submit to a $1bn settlement to resolve accusations stemming from the school’s handling of pro-Palestine protests.

A White House official and the University of California system both confirmed the proposed settlement to news agencies on Friday.

The settlement proposal is notable for the massive sum requested, as the Trump administration seeks to pressure top schools into compliance with its policies.

The $1bn price tag would far exceed the payouts inked in previous agreements reached with Columbia University and Brown University last month. Columbia agreed to pay a fine of about $221m, and Brown confirmed it would pay $50m to a state workforce development programme.

“The University of California just received a document from the Department of Justice and is reviewing it,” University of California President James Milliken said in a statement.

He added that the institution had offered to have talks with the government earlier this week.

UCLA, which boasts the largest student body in the University of California system, had also announced this week that the Trump administration suspended $584m in federal grants to the school.

The Department of Justice’s Civil Rights Division explained that the funding would be frozen as a result of civil rights violations connected to pro-Palestinian protests since 2023. The school had acted “with deliberate indifference in creating a hostile educational environment for Jewish and Israeli students”, it said.

Free-speech advocates, however, have accused the Trump administration of willfully conflating pro-Palestine and antiwar advocacy with anti-Semitism in order to silence protesters.

Last month, UCLA reached a $6m settlement with three Jewish students and a Jewish professor who claimed their civil rights were violated by pro-Palestinian protesters blocking their access to class and other areas on campus during a 2024 protest encampment.

It was not immediately clear why the $1bn settlement sought by the Trump administration was so high.

UCLA is also the first publicly funded university to face a potential grant freeze from the Trump administration. In his statement, Milliken said the payment would have wide-ranging consequences.

“As a public university, we are stewards of taxpayer resources, and a payment of this scale would completely devastate our country’s greatest public university system as well as inflict great harm on our students and all Californians,” he said.

Civil liberties organisations have also underscored that students at publicly funded universities are typically afforded wider constitutional protections while on campus.

That stands in contrast to private institutions, where students are generally subject to whatever restrictions on speech are outlined by administrators in their enrollment agreement.

The First Amendment of the US Constitution restricts the government’s ability to limit free speech. Any future agreement between the University of California system and the Trump administration might face a legal challenge, should it be perceived to trample on free-speech rights.

Speaking on Thursday, California Governor Gavin Newsom, who has been one of Trump’s most vocal Democratic opponents, urged the state’s university officials not to kowtow to the administration’s demands.

“We’re not Brown, we’re not Columbia, and I’m not going to be governor if we act like that,” Newsom said, according to the Los Angeles Times. “Period. Full stop. I will fight like hell to make sure that doesn’t happen.”

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