Surge

Why the 2026 World Cup may not help American soccer leagues surge

Remember when soccer was being touted as the next big sport in the U.S.? Well, it looks like that moment has finally arrived.

Or not. It all depends on who you ask and how you interpret what they tell you.

On one hand, there’s the recent Harris Poll that found 72% of Americans profess an interest in soccer, a 17% increase from 2020. A quarter of those are “dedicated” fans and 1 in 5 say they are “obsessed” with the sport.

On the other hand, there’s the stark decline in attendance and TV viewership for the country’s top two domestic leagues, MLS and the NWSL, and the underwhelming crowds that showed up last summer for the FIFA Club World Cup and the CONCACAF Gold Cup.

LAFC fans lift up a banner honoring Carlos Vela during a ceremony to honor him before a match against Real Salt Lake.

LAFC fans lift up a banner honoring Carlos Vela during a ceremony to honor him before a match against Real Salt Lake at BMO Stadium on Sept. 21.

(Kevork Djansezian / Getty Images)

These contrary findings — a growing fanbase at the same time attendance and viewership numbers are falling off a cliff — come at an important inflection point for soccer in the U.S., with the largest, most ambitious World Cup kicking off at SoFi Stadium in fewer than 200 days.

“The short answer is yes, the World Cup will be a watershed moment for soccer in America. However, it’s unlikely to immediately lead to a significant increase in ticket sales for MLS and NWSL. Soccer fandom in America develops differently from that of other sports,” said Darin W. White, executive director of the Sports Industry Program and the Center for Sports Analytics at Samford University, which next year will launch a major five-year study to explore how soccer can become mainstream in the U.S.

“The World Cup will bring millions of new Americans into the pipeline. Over the next few years we expect these new fans to progress through the pipeline, giving soccer a substantial enough fan base to tip the scales and help make soccer part of the ongoing mainstream sports conversation. I am confident that the World Cup will enable soccer to reach that critical mass.”

Steven A. Bank, a professor of business law at UCLA who has written and lectured extensively on the economics of soccer, isn’t as optimistic.

“The risk isn’t that U.S. soccer will be in the same place in 10 years, but that it will have regressed,” he said.

“For the World Cup to benefit domestic leagues’ attendance, ratings, and revenue, as well as youth and adult participation rates in playing soccer, it will have to be the catalyst for more domestic investment in the game. The question isn’t whether the World Cup will convince enough people to become fans or to move from casual to dedicated or obsessive fans. It’s whether it will convince enough wealthy people and companies to risk the kind of money necessary to compete with the top leagues for the top talent.”

U.S. captain Christian Pulisic drives the ball during an international friendly against Ecuador at Q2 Stadium on Oct. 10

U.S. captain Christian Pulisic drives the ball during an international friendly against Ecuador at Q2 Stadium on Oct. 10 in Austin, Texas.

(Omar Vega / Getty Images)

That investment could be a boost to both first-tier domestic leagues, which saw their attendance and TV rating fall dramatically this year. After setting records in both 2023 and ‘24, MLS watched its average attendance fall 5.4% — to 21,988 fans per match — this season. According to Soccer America, 19 of the 29 teams that played in 2024 saw their attendance drop; more than half saw declines of 10% or more.

The TV audience also appears to be relatively small, although the fact Apple TV, the league’s main broadcast partner, rarely releases viewer data has hampered efforts to draw any firm conclusions. MLS said last month that its games attracted 3.7 million global aggregate viewers a week on all its streaming and linear platforms, an average of about 246,000 a game on a full weekend. While that’s up nearly 29% from last year, the average viewership figure is about 100,000 smaller than what the league drew for single games on ESPN alone in 2022, the last season before Apple’s 10-year $2.5-billion took effect.

NWSL also saw overall league attendance fall more than 5%, with eight of the 13 teams that played in 2024 experiencing declines. And TV viewership in the second year of the league’s four-season $240 million broadcast deal was down 8% before the midseason July break, according to the Sports Business Journal.

That follows a summer in which both the expanded Club World Cup and the Gold Cup struggled to find an audience. Although the 63-match Club World Cup drew an average of 39,547 fans per game, 14 matches had crowds of fewer than 20,000. The Gold Cup averaged 25,129 for its 31 games — a drop of more than 7,000 from 2023. And five matches drew less than 7,800 people.

“There’s a danger of taking this year’s decline out of context,” said Stefan Szymanski, a professor of sports management at the University of Michigan and author of several books on soccer including “Money and Soccer” and “Soccernomics” (with Simon Kuper). “Last year was a record year. It’s really about the diminishment of the Messi effect.

“I wouldn’t say it’s a moment of crisis. And the way MLS is looking at this strikes me that they’re entirely focused on a post-World Cup [bump], which they think they’re going to get. I’d be skeptical myself about that. I don’t think it will do that much for them.”

Szymanski said the World Cup could hurt the league by underscoring the huge difference in the quality of play between elite international soccer and MLS.

“Americans are not dumb,” he said. “They know what’s good quality sport [and] not good quality sport. And they know that MLS is low level. The only way, in a global marketplace, you can get the top talent to have a truly competitive league is to pay the salaries.”

Which brings us back to Bank’s conclusion that fixing soccer in the U.S. isn’t about the soccer, it’s about the money being spent on the sport. For next summer’s World Cup to have a lasting impact, the “bump” will have to come not just from an increase in attendance and TV viewership but in investment as well. And, as Szymanski argues, that means additional investment in players as well.

“If all it does is attract eyeballs for this competition,” Bank said “I’m not sure it does more than the Olympics does every four years when it temporarily raises the profile of a few sports for some people who were not casual fans before.”

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Federal immigration enforcement surge now paused in East Bay too

A planned increase in federal immigration enforcement in the Bay Area is now on pause throughout the region and in major East Bay cities, not just in San Francisco, Oakland Mayor Barbara Lee said Friday.

Lee said in a statement that Alameda County Sheriff Yesenia Sanchez had “confirmed through her communications” with federal immigration officials that the planned operations were “cancelled for the greater Bay Area — which includes Oakland — at this time.”

The announcement followed lingering concerns about ramped up immigration enforcement among East Bay leaders after President Trump and San Francisco Mayor Daniel Lurie announced Thursday that a planned “surge” had been called off in San Francisco.

Trump and Lurie had very specifically addressed San Francisco, even as additional Border Patrol agents were being staged across the bay on Coast Guard Island, which is in the waters between Alameda and Oakland.

At a press conference following Trump’s annoucement about San Francisco, Lee had said the situation remained “fluid,” that she had received no such assurances about the East Bay and that Oakland was continuing to prepare for enhanced immigration enforcement in the region.

Alameda County Dist. Atty. Ursula Jones Dickson had previously warned that the announced stand down in San Francisco could be a sign the administration was looking to focus on Oakland instead — and make an example of it.

“We know that they’re baiting Oakland, and that’s why San Francisco, all of a sudden, is off the table,” Jones Dickson said Thursday morning. “So I’m not going to be quiet about what we know is coming. We know that their expectation is that Oakland is going to do something to cause them to make us the example.”

The White House on Friday directed questions about the scope of the pause in operations and whether it applied to the East Bay to the Department of Homeland Security, which referred The Times back to Trump’s statement about San Francisco on Friday — despite its making no mention of the East Bay or Oakland.

In that statement, posted to his Truth Social platform, Trump had written that a “surge” had been planned for San Francisco starting Saturday, but that he had called it off after speaking to Lurie.

Trump said Lurie had asked “very nicely” that Trump “give him a chance to see if he can turn it around” in the city, and that business leaders — including Jensen Huang of Nvidia and Marc Benioff of Salesforce — had expressed confidence in Lurie.

Trump said he told Lurie that it would be “easier” to make San Francisco safer if federal forces were sent in, but told him, “let’s see how you do.”

Lurie in recent days has touted falling crime rates and numbers of homeless encampments in the city, and said in his own announcement of the stand down that he had told Trump that San Francisco was “on the rise” and that “having the military and militarized immigration enforcement in our city will hinder our recovery.”

In California and elsewhere, the Trump administration has aggressively sought to expand the reach and authority of the Border Patrol and federal immigration agents. Last month, the DOJ fired its top prosecutor in Sacramento after she told Gregory Bovino, chief of the Border Patrol’s El Centro Sector, that he could not carry out indiscriminate immigration raids around Sacramento this summer.

In Oakland on Thursday, the planned surge in enforcement had sparked protests near the entrance to Coast Guard Island, and drew widespread condemnation from local liberal officials and immigrant advocacy organizations.

On Thursday night, security officers at the base opened fire on the driver of a U-Haul truck who was reversing the truck toward them, wounding the driver and a civilian nearby. The FBI is investigating that incident.

Some liberal officials had warned that federal agents who violated the rights of Californians could face consequences — even possible arrest — from local law enforcement, which drew condemnation from federal officials.

Deputy Atty. Gen. Todd Blanche responded with a scathing letter to Gov. Gavin Newsom and others on Thursday in which he wrote that any attempt by local law enforcement to arrest federal officers doing their jobs would be viewed by the Justice Department as “both illegal and futile” and as part of a “criminal conspiracy.”

Blanche wrote that the Supremacy Clause of the Constitution precludes any federal law enforcement official to be “held on a state criminal charge where the alleged crime arose during the performance of his federal duties,” and that the Justice Department would pursue legal action against any state officials who advocate for such enforcement.

“In the meantime, federal agents and officers will continue to enforce federal law and will not be deterred by the threat of arrest by California authorities who have abdicated their duty to protect their constituents,” Blanche wrote.

The threat of arrest for federal officers had originated in part with San Francisco Dist. Atty. Brooke Jenkins, who had written on social media that if federal agents “come to San Francisco and illegally harass our residents … I will not hesitate to do my job and hold you accountable just like I do other violators of the law every single day.”

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Trump calls off San Francisco ‘surge,’ but East Bay braces for action as protests erupt

President Trump said Thursday that he had called off a planned federal “surge” into San Francisco after speaking with Mayor Daniel Lurie and other city leaders — a detente that officials and activists in the East Bay said they were not welcomed into and viewed with some suspicion, as potentially enlarging the target on their own communities.

Trump’s announcement came amid protests at the entrance to the U.S. Coast Guard base across the bay in Alameda County, where the Department of Homeland Security has begun staging additional forces. It followed a similar announcement by Lurie, who said he had told Trump during a phone call late Wednesday that San Francisco is “on the rise” and that “having the military and militarized immigration enforcement in our city will hinder our recovery.”

Lurie said Trump agreed to call off any federal deployment to the city, and that Homeland Security Secretary Kristi Noem — who is in charge of federal immigration forces — had “reaffirmed that direction” in a conversation with him Thursday morning.

Trump said on social media that his administration had been planning a “surge” in San Francisco beginning Saturday, but that Lurie had asked him “very nicely” to “give him a chance to see if he can turn it around,” and that other “friends” of Trump’s in the city had asked him to call it off because they believe Lurie is “making substantial progress.”

Trump said he told Lurie that he was “making a mistake, because we can do it much faster, and remove the criminals that the Law does not permit him to remove,” but that he had ultimately agreed to pause the surge — in part because Lurie has the support of prominent business leaders Jensen Huang of Nvidia and Marc Benioff of Salesforce.

During a Thursday morning briefing less than an hour after Trump’s post, Oakland Mayor Barbara Lee and other East Bay leaders said they had “no information” about such a stand-down in their communities, and were still bracing for increased federal immigration raids given the staging of forces at nearby Coast Guard Island, which is in the waters between Alameda and Oakland.

“The federal administration, of course, has escalated its rhetoric and its enforcement posture in the Bay Area. We know that Border Patrol agents are being stationed on Coast Guard Island,” Lee said. “But … we are fully prepared. We’re monitoring developments closely and we’ll keep our residents informed if there are any confirmed changes. Oakland is and will continue to be a welcoming city for our immigrants and our refugees.”

The Department of Homeland Security defended the deployment of its agents to the region, saying they would be “targeting the worst of the worst criminal illegal aliens — including murderers, rapists, gang members, pedophiles, and terrorists.”

Alameda County Dist. Atty. Ursula Jones Dickson said the staging of immigration forces in the East Bay was part of an established Trump administration “playbook” to rile up communities with immigration actions and then use any unrest to justify further force — and called on East Bay residents not to fall for it.

“We know that they’re baiting Oakland, and that’s why San Francisco, all of a sudden, is off the table,” Jones Dickson said. “So I’m not going to be quiet about what we know is coming. We know that their expectation is that Oakland is going to do something to cause them to make us the example.”

Lourdes Martinez, co-director of the immigrant rights program at Centro Legal de la Raza, said communities are understandably scared given recent legal rulings that federal immigration agents can stop people based on factors such as the color of their skin, the language they are speaking and the job sectors they work in — and organizers expect more such stops given the latest deployments.

She called on immigrants and others to protect themselves by readying documentation and making sure that they and their families are familiar with their rights to remain silent and to have an attorney — and how to contact legal advocacy groups in case of trouble. She also urged community members to report any detentions, to “make sure that nobody disappears.”

“We know this is an uncertain and stressful time. However, this is a moment of unity and power, not panic,” she said.

Shortly after Lee’s event, about 40 protesters gathered near a bridge leading to Coast Guard Island.

Music was blasting. One person wore a blow-up animal costume, a trend that gained momentum amid similar protests in Portland recently. Coast Guard members in tactical gear stood in a line across from protesters who screamed at them.

“We knew there was going to be [an immigration enforcement] presence here and we wanted to disrupt in a peaceful way — to make it harder for them to abduct people,” said Lindsey Swanson, 32, a financial planner who lives in Oakland.

Swanson and others said they believed immigration enforcement would also ramp up in San Francisco, despite Trump and Lurie’s morning assurances, and would continue in the East Bay regardless.

“There’s East Bay — Oakland, Berkeley — so calling off San Francisco means nothing,” said Rachel Kim, a 28-year-old Berkeley resident who is training to become a therapist.

White House press secretary Karoline Leavitt said Thursday that Trump’s conversation with Lurie was an example of how he is willing to work with Democrats and other states to “do the right thing and clean up America’s cities.”

“He is genuinely interested in this effort to make our streets safer, to make our cities safe and clean again,” she said.

The morning events followed days of growing tensions in the Bay Area over Trump’s plans for the region, after he repeatedly suggested that he would send federal forces into San Francisco — which he called a “mess” in desperate need of help, despite data showing decreasing crime and homeless encampments and surging positive sentiment.

On Wednesday, Gov. Gavin Newsom confirmed the staging of immigration agents in the area, and suggested it was the first move in a broader effort by Trump and his administration to stoke chaos and intimidate residents in yet another liberal part of the country.

“He sends out masked men, he sends out Border Patrol, he sends out ICE, he creates anxiety and fear in the community so that he can lay claim to solving that by sending in the Guard,” Newsom said. “This is no different than the arsonist putting out the fire.”

The response echoed those of leaders and activists in other cities where immigration forces and federal troops have been deployed, including Los Angeles, Washington, D.C., Chicago and Portland. It added to an already rancorous debate around Trump’s mass deportation initiative, which he campaigned on heavily, and the role of federal forces in American cities — something the founders of the nation limited to extreme circumstances.

Central to that debate has been Trump’s repeated and unprecedented decision to repeatedly send troops into American cities without the explicit support of state or local leaders. Federal judges have been divided on that issue, though it has so far been allowed to continue in Los Angeles by the U.S. 9th Circuit Court of Appeals.

But even in the appellate court, there has been tense disagreement.

Liberal judges on the court recently called for the decision allowing the deployments to continue in Los Angeles, which was made by a three-judge panel, to be reheard before a larger, 11-judge panel. When that request was denied, several dissented Wednesday — excoriating the deployments as a clear breach of constitutional law and the separation of powers.

Judge Marsha Berzon, in a dissent joined by 10 fellow 9th Circuit judges, wrote that the smaller panel in its preliminary deference to Trump had “invited presidents, now and in the future, to deploy military troops in response to the kinds of commonplace, shortlived, domestic disturbances whose containment conventionally falls to local and federal law enforcement units.”

Times staff writer Ana Ceballos, in Washington, D.C., contributed to this report.

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US rare earth stocks surge, European markets see mixed start


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Rare earth stocks climbed in the US after Beijing tightened its control over these critical materials, used in the vast majority of electronic devices, from smartphones and cars to ballistic missiles.

Across the Atlantic, European markets opened in a mixed mood while the Middle East peace deal progresses, brokered by US President Donald Trump.

With investors also watching political uncertainty in France, the pan-European STOXX 600 was up around 0.1% at 11.45 CEST, and Paris’ CAC 40 also gained 0.1%.

Frankfurt’s DAX and London’s FTSE 100 both slipped 0.1%, after an earlier rise for the DAX.

“The FTSE 100 was stuck in the mud as the rest of Europe ploughed ahead at the end of the trading week,” said Russ Mould, investment director at AJ Bell.

“Strength in consumer stocks and utilities was offset by weakness in miners and healthcare,” he said — adding: “it was also notable that defence stocks were being sold down, including Babcock, which has rocketed this year.”

In other news, oil prices were down on Friday morning. The US benchmark crude cost around 0.4% less than at the previous close, and traded at $61.26 per barrel at around 11.45 CEST. The international benchmark Brent lost 0.49% and cost $64.90 per barrel at the same time.

Gold prices also rose after hitting new records recently, trading at $4,018.00 on Friday morning in Europe.

US futures were up slightly, the euro gained against the dollar at $1.1575, and the greenback slipped against the Japanese yen, to ¥152.7950. The British pound also fell against the dollar and cost $1.3290.

Rare earths companies gained overseas

As mining stocks led losses in Europe on Friday amid developments in Beijing, the STOXX Europe Basic Resources index shed 0.78%.

This follows a rally in the US, where rare earth stocks rose considerably after China announced that it would tighten control over its exports of these materials.

The country is dominating the market for rare earths. The world’s second-largest economy accounts for 70% of the global supply of these assets that are hugely significant for defence and technological infrastructure.

Following the news, investors in the US placed their hopes on American alternatives. US rare earth and critical mineral miners’ share prices surged on Thursday, partially due to market speculation that Washington will invest more in building out a domestic supply chain.

Many of these companies have seen their prices increase for months now, with several doubling or tripling since the beginning of the year.

USA Rare Earth Inc., a firm building a domestic rare earth magnet supply chain, gained nearly 15% on Thursday. Since January, it has risen 151%.

MP Materials Corp, an American rare-earth materials company headquartered in Las Vegas, Nevada, also gained more than 2.4% on Thursday, while it is up 341% since January.

Another company, Denver-based Energy Fuels Inc., gained 9.4%, bring its year-to-date rise to 284%.

NioCorp Developments, which benefits from Pentagon support, gained more than 12%, Rare Element Resources Ltd gained more than 10%, and Texas Mineral Resources Corp. gained 9.6% on Thursday.

Meanwhile, Australian rare-earth mining company Lynas Rare Earths lost nearly 3.8% in the Asian trade, and Australia’s Iluka Resources lost 3.22%.

Chinese Shenghe Resources, a partly state-owned rare earths mining and processing company listed on the Shanghai stock exchange, lost 5%.

Beijing’s measures mean that companies need to apply for a licence to export products containing certain Chinese-sourced rare earth metals.

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AMD’s shares surge on deal to supply AI chips to OpenAI | Technology News

The deal also gives the ChatGPT creator the option to buy upto 10 percent of AMD.

United States chipmaker AMD will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10 percent of the company.

Shares of the chipmaker surged more than 34 percent on Monday when the deal was announced, putting them on track for their biggest one-day gain in more than nine years and adding roughly $80bn to the company’s market value.

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The deal, latest in a string of investment commitments, underscores OpenAI and the broader AI industry’s voracious appetite for computing power as companies race towards developing AI technology that meets or exceeds human intelligence.

“We view this deal as certainly transformative, not just for AMD, but for the dynamics of the industry,” AMD executive vice president Forrest Norrod told the Reuters news agency.

Deal helps ‘validate technology’

The agreement closely ties the startup at the centre of the AI boom to AMD, one of the strongest rivals of Nvidia, which recently agreed to make substantial investments in OpenAI.

Analysts said it was a significant vote of confidence in AMD’s AI chips and software but is unlikely to dent Nvidia’s dominance, as the market leader continues to sell every AI chip it can make.

AMD executives expect the deal to net tens of billions of dollars in annual revenue. Because of the ripple affect of the agreement, AMD expects to receive more than $100bn in new revenue over four years from OpenAI and other customers, they said.

The chipmaker is expected to report revenue of $32.78bn this year, according to LSEG data. In contrast, analysts are expecting Nvidia to report revenue of $206.26bn for the current fiscal year.

“AMD has really trailed Nvidia for quite some time. So I think it helps validate their technology,” said Leah Bennett, chief investment strategist at Concurrent Asset Management.

Shares of Nvidia dipped more than 1 percent.

OpenAI CEO Sam Altman said the AMD deal will help his startup build enough AI infrastructure to meet its needs.

It was not immediately clear how OpenAI would fund the enormous deal.

OpenAI, which is valued at $500bn, generated approximately $4.3bn in revenue in the first half of 2025 and burned through $2.5bn in cash, according to media reports.

In September, Nvidia announced a deal to supply OpenAI with at least 10 gigawatts worth of its systems.

In contrast with the startup’s deal with AMD where it will take a stake in the chipmaker, Nvidia will invest $100bn in the ChatGPT parent under the terms of the agreement announced in September.

Taking a stake in AMD could give OpenAI “the power to potentially influence corporate strategy. With Nvidia, OpenAI is simply the client and not a part-owner,” said Dan Coatsworth, head of markets at A J Bell.

OpenAI has worked with AMD for years, providing inputs on the design of older generations of AI chips.

The startup and its main backer, Microsoft, announced last month that they had signed a non-binding agreement to restructure OpenAI in to a for-profit entity.

A person familiar with the matter said the deal with AMD does not change any of OpenAI’s ongoing compute plans, including that effort or its partnership with Microsoft.

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Dodgers surge late to defeat Phillies in Game 1 of the NLDS

Two innings into Game 1 of the National League Division Series on Saturday night, the Dodgers had been punched in the mouth.

The Phillies had scored three runs off Shohei Ohtani in the bottom of the second. Citizens Bank Park was shaking on the scale of a small earthquake. And the Dodgers’ offense was doing nothing against Phillies left-hander Cristopher Sánchez.

In the opening contest of a heavyweight series, the defending champions were down.

But, in their typically resilient fashion, far from out.

In a come-from-behind, statement-sending 5-3 win, the Dodgers did again what carried them a championship last October.

They shrugged off the early adversity, with Ohtani conceding no further damage over a six-inning start, finishing his postseason pitching debut with nine strikeouts and four monumental scoreless innings.

Their lineup chipped away at the deficit, knocking Phillies ace and Cy Young Award candidate Sánchez out of the game on Kiké Hernández’s two-out, two-run double in the sixth.

Then, they landed the actual knockout blow, with Teoscar Hernández flipping the game — and the feel of this best-of-five series — with a two-out, three-run, stadium-silencing home run in the seventh.

Game 2 will be back here in South Philadelphia on Monday night. And the Dodgers will go into it with, given the way Saturday started, an unexpected 1-0 series lead.

It could not have started worse for the Dodgers.

Sánchez was carving them up with wicked sinkers and fall-off-the-table changeups. Ohtani, meanwhile, ran into early trouble in the bottom of the second.

The inning started with a walk to Alec Bohm, when Ohtani missed on a full-count fastball. That was followed by a single from Brandon Marsh, who got a down-the-middle fastball in a 2-and-2 count and shot a base hit to center.

Dodgers star Shohei Ohtani delivers during the third inning against the Phillies on Saturday.

Dodgers star Shohei Ohtani delivers during the third inning against the Phillies on Saturday.

(Robert Gauthier / Los Angeles Times)

As Ohtani tried to settle down, a chorus of taunting chants — Sho-Hei! Sho-Hei! — came raining down.

A crowd of 45,777 was ready to explode.

Then, J.T. Realmuto gave them the chance.

After missing with a first-pitch slider to Realmuto, Ohtani left a 100.2-mph heater in the dead heart of the zone. The location rendered the velocity irrelevant. Realmuto barreled it up, sent a line drive screaming into right-center, then chugged all the way to third after the ball got past Teoscar Hernández in the gap.

A fly ball two batters later — which worked for a sacrifice fly thanks to Hernández’s inability to cut the ball off — made it 3-0.

In the moment (and with the way Sánchez was pitching early), the lead felt almost insurmountable.

The Dodgers, however, didn’t wilt.

The turnaround began with Ohtani, who followed Realmuto’s triple by retiring the next 10 he faced. His only other trouble came in the fifth, when the bottom two hitters in the Phillies’ order reached base with one out. But even then, Ohtani buckled down, getting Trea Turner to line out and Kyle Schwarber to swing through a curveball that ended the inning.

Eventually, the Dodgers’ offense found life too.

With two outs in the sixth, and Sánchez having given up only two hits all night, Freddie Freeman sparked a rally with a five-pitch walk. Tommy Edman took a sinker the other way to put two aboard.

That brought up Kiké Hernández, who had already begun reprising his role of October hero with four hits in the team’s wild-card series sweep of the Cincinnati Reds.

On cue, Hernández came up clutch again, jumping on a slider from Sánchez that caught a little too much plate and roping it down the left-field line for a two-run double — the latter run coming when Edman ran through a stop sign at third base.

Just like that, Sánchez was knocked out of the game. What had been a raucous crowd earlier in the night suddenly grew tense.

That dread only grew in the next-half inning, when Ohtani completed his start with a 1-2-3 bottom of the sixth.

Then, in the seventh, the Dodgers made the comeback complete — getting the biggest swing of the night from another postseason savior, Teoscar Hernández.

Teoscar Hernández celebrates after hitting a three-run home run against the Phillies.

Teoscar Hernández celebrates after hitting a three-run home run in the seventh inning for the Dodgers against the Phillies on Saturday.

(Robert Gauthier / Los Angeles Times)

After Andy Pages led off the inning with a single and Will Smith (who entered the game in the fifth inning for his first appearance of this postseason after missing the wild card round with a fractured hand) was hit by a pitch from David Robertson, the Phillies summoned top left-handed reliever Matt Strahm to face Ohtani.

As he did in his prior three at-bats, Ohtani struck out, taking a fastball down the middle, punching out in four-consecutive at-bats in a game for only the second time in his MLB career.

But by getting Strahm on the mound, the Dodgers had favorable right-on-left matchups behind him. Mookie Betts couldn’t take advantage, popping out to third for the second out of the inning. Hernández, on the other hand, didn’t miss.

On an elevated fastball in a 1-and-0 count, Hernández launched a towering fly ball to the right-center field gap. The Phillies outfield went back on it. But the ball kept carrying into the stands. The ballpark went silent. Hernández practically glided around the bases.

The drama didn’t end there.

Projected Game 4 starter Tyler Glasnow came on in relief in the seventh, when he retired the side on a double-play grounder, then returned for the eighth, when he loaded the bases on a single and two walks. That threat was extinguished by left-hander Alex Vesia, who induced a harmless fly ball from pinch-hitter Edmundo Sosa to quiet a stirring crowd once again.

The ninth inning then belonged to Roki Sasaki, the 23-year-old converted rookie starter who has ascended to closing duties less than two weeks after returning from a months-long shoulder injury. He picked up the save in straightforward fashion, retiring the side in order for his first career save.

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Protesters at ICE facility object to barricades, agents detain multiple people

Federal agents detained multiple people Friday near an immigration facility outside Chicago that has frequently been targeted by protesters during President Trump’s administration’s surge of immigration enforcement this fall.

A crowd grew over several hours, some riled by newly installed barricades to separate them from law enforcement officers stationed outside the U.S. Immigration and Customs Enforcement processing facility in Broadview, about 12 miles (19 kilometers) west of Chicago.

Some protesters have aimed to block vehicles from going in or out of the area in recent weeks, part of growing pushback to a surge of immigration enforcement that begin in early September. Federal agents have repeatedly fired tear gas, pepper balls and other projectiles toward crowds and at least five people have faced federal charges after being arrested in those clashes.

Local law enforcement stepped up their own presence Friday, closing several streets around the facility and putting Illinois State Police officers wearing riot helmets and holding batons on patrol. The state police set up concrete barriers Thursday night to segregate protesters and designate spaces to demonstrate.

It was unclear how many people were detained Friday. One man was seen struggling on the ground with agents after he appeared to break through a line into the roadway and in front of a vehicle.

Mostly reporters and a handful of protesters stood within the designated protest zone in front of the ICE facility as helicopters hovered overhead.

“Every week, ICE escalates its violence against us,” said Demi Palecek, a military veteran and candidate for Congress. “With this level of escalation, it’s only a matter of time before someone is killed.”

Several demonstrators said they were frustrated by the designated protest zone, saying keeping them off public streets violated their First Amendment right to free speech. Others were angered by officers from local or state agencies standing shoulder-to-shoulder with federal officers, including Homeland Security Investigations, ICE, the Bureau of Prisons and others.

Most ignored the zone to protest on the other side of the facility, where Illinois State Police officers held them back.

Jonny Bishop, a 28-year-old former teacher from Palatine, Illinois, said attempting to designate a “free speech zone” infringes on protesters’ First Amendment rights.

“As the day went on, we were progressively pushed, not just by ICE but also by Broadview Police Department,” he said. “We’ve done these things peacefully…But our rights are being violated.”

Bishop, from a Mexican immigrant family, said he has been hit by tear gas and pepper balls at previous protests. He said the main contrast between Friday’s protests and earlier efforts is local, county and state law enforcement agencies working alongside federal agents.

“ICE acts with impunity,” he said. “They know that they can shoot at us. They can tear gas us. And Broadview Police Department is not going to do anything.”

At one point, state police officers joined Border Patrol in advancing toward protesters, forming a larger perimeter around the building. Some protesters yelled in law enforcement officers’ faces while the officers grabbed them by the shoulders and pushed them back.

Fernando and O’Connor write for the Associated Press. O’Connor reported from Springfield, Ill. AP journalists Erin Hooley and Laura Bargfeld contributed to this report.

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Brace for surge of ‘winter killer’ that targets infants, doctors warn – the key symptom all parents must know

WITH chillier months fast approaching, Brits will be grappling with the many illnesses that like to circulate at high levels during winter.

One infection in particularly experts are raising alarm bells about is pertussis, or whooping cough, which they are warning can be fatal in young infants.

Doctor examining a baby boy with a stethoscope.

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Whooping cough cases have been on the rise in recent years – with infants most affectedCredit: Getty

Whooping cough is a highly contagious bacterial infection affecting the lungs and airways that causes severe coughing fits, often ending in a ‘whooping’ sound as the person gasps for breath.

According to figures from the UK Health Security Agency (UKHSA), cases have been rising since late 2023, with significant increases observed in 2024 and 2025.

This increase is part of a natural, cyclical pattern where cases peak every three to five years – with a peak being overdue after a period of very low numbers during the COVID-19 pandemic.

While in adults and older children the cough can be bothersome and last for months, whooping cough in young children can be life-threatening.

Read more on whooping cough

In the UK’s 2024 resurgence, infants under three months of age experienced the highest incidence and risk of severe complications, with 328 cases reported between January and June 2024.

This age group is particularly vulnerable due to their undeveloped immune systems.

In an article published in Pediatrics, experts strongly encourage getting vaccinated to protect against the illness.

According to leading author Caitlin Li, infectious disease specialist at Ann & Robert H. Lurie Children’s Hospital of Chicago and Assistant Professor of Pediatrics at Northwestern University Feinburg School of Medicine, said whooping cough symptoms are different in infants.

Coughing bouts that last for a few minutes and make a ‘whoop’ sound is one of the main symptoms listed by the NHS.

But DrLi said there’s a key symptom to look out for in kids.

Brave parents of 15-day-old baby girl who died of whooping cough share her heartbreaking final moments

She said: “The characteristic whooping cough may be absent, but apnea, or breathing interruption, is common.”

Whooping cough in infants can also present with very high white blood cell count, which paediatricians might mistake for cancer or other non-infectious conditions.

Extremely high white blood cell counts in infants should prompt strong consideration of pertussis, according to the authors.

“Given that infants are at high risk for complications, pertussis vaccination of mothers during pregnancy is critical, as it protects newborns against this potentially fatal illness,” stressed Dr Li.

“Widespread vaccination is also an important tool to protect everyone.”

Babies under 12 months old with whooping cough have an increased chance of having problems such as dehydration, breathing difficulties, pneumonia, and seizures (fits), according to the NHS.

But in the UK, the whooping cough vaccine is routinely given as part of the 6-in-1 vaccine – for babies at eight, 12 and 16 weeks – and the 4-in-1 pre-school booster – for children aged three years four months.

A doctor preparing to give a vaccination to a 5-month-old baby held by an adult.

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The whooping cough vaccine is the best form of protection against the illnessCredit: Getty

People who are pregnant are also recommended to have the whooping cough vaccine.

You usually have it when you’re around 20 weeks pregnant to help protect your baby for the first few weeks of their life.

Rapid initiation of antibiotics is recommended for all patients with confirmed or suspected whooping cough.

If given early, this may improve symptoms, while later treatment is unlikely to impact symptoms, although it does reduce transmission.

The NHS also recommends some things you can do to help ease the symptoms of whooping cough – get plenty of rest, drink lots of fluids, and take paracetamol or ibuprofen if you or your child are uncomfortable

But it urges you call 999 or go to A&E if:

  • your or your child’s lips, tongue, face or skin suddenly turn blue or grey (on black or brown skin this may be easier to see on the palms of the hands or the soles of the feet)
  • you or your child are finding it hard to breathe properly (shallow breathing)
  • you or your child have chest pain that’s worse when breathing or coughing – this could be a sign of pneumonia
  • your child is having seizures (fits)

Full list of symptoms of whooping cough

WHOOPING cough is a bacterial infection of the lungs and breathing tubes.

The first signs of the condition tend to be similar to a cold – such as a runny nose, a sore throat, red and watery eyes, and a slightly raised temperature.

After about a week, other signs start to appear. These include:

  • Coughing bouts that last for a few minutes and are worse at night
  • “Whoop” sounds as your gasp for breath between coughs
  • Difficulty breathing after a coughing bout
  • Turning blue or grey (children)
  • Becoming very red in the face (adults)
  • Bringing up thick mucus, which can make you vomit
  • Bleeding under the skin or in the eyes
  • Feeling very tired after coughing

The cough may last several weeks or months.

Babies under six months have an increased risk of problems such as dehydration, breathing problems, pneumonia and seizures.

Older children and adults may experience sore ribs, hernia, middle ear infections, and urinary incontinence.

Source: NHS

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‘Trump effect’ sees tourists ditching US holidays while China holidays surge

At its 25th Global Summit in Rome today, the World Travel and Tourism Council (WTTC) launched its latest report showing how much the US is losing out on as tourists decide to stay away

Donald Trump has helped shave £10billion off the US economy by keeping holidaymakers away.

There is a whole host of reasons why a lot of people have decided to stop travelling to the US, and the President is at the heart of many of them. Whether it’s newly emboldened border guards that have locked up tourists for little reason; a desire not to spend money in a country that is helping Israel wage a war in Gaza; or the arrival of National Guard troops in US cities.

At its 25th Global Summit in Rome today, the World Travel and Tourism Council (WTTC) launched its latest report showing how much the US is losing out on as tourists decide to stay away.

The WTTC forecasts international visitor spending in the US will fall by $12.5billion (£9.3billion) in 2025, with the tourism organisation urging America’s authorities to provide more traveller-friendly policies and reduce visa costs. The total income from the sector in the US is now $2,575.5billion, down from $2,558.4billion.

Would you consider travelling to China for a holiday? Let us know in the comments below or by emailing [email protected]

READ MORE: ‘I’m a dark tourist and I met a cannibal tribe at one of the world’s craziest events’READ MORE: ‘I visited the world’s craziest city you’ve never heard – it looks AI-generated’

Citizens from some countries, in particular, are avoiding travelling to the US. In February, border crossings from Canada were down by more than 20%, according to Statistics Canada. Among them is Keith Serry, a writer and comedian based in Montreal, Quebec.

He cancelled five April appearances in New York City due to the tense political situation. “This decision will, of course, rob me of the opportunity to share my art with many of you in New York I’ve grown to know and love,” he wrote on his Facebook page. “That said, the honest truth is that I just don’t feel safe travelling to the States right now. In addition, I feel a powerful disinclination to spending my money in any way that might aid the economy of a hostile state.”

On the flipside, China, the world’s second-largest travel and tourism market, is due for a huge tourism boost. The sector already added $1.64trillion (£1.22trillion) to its economy in 2024, and that number is forecast to surge by 22.7% in 2025, adding an extra $260billion (£193billion).

Japan, the world’s fifth largest travel and tourism economy with a $310.5billion (£210billion) contribution in 2024, is forecast to add a further $13.8 (£10.28billion) to its GDP this year.

Despite losing £2.2billion in international visitor spending last year, the sector added £273billion to the economy.

WTTC Interim CEO Gloria Guevara chose to focus on the overall growth, rather than the dip seen in the US and UK.

She said: “These results tell a story of strength and opportunity. The US remains the world’s largest Travel & Tourism market, China is surging back, Europe is powering ahead, and destinations across the Middle East, Asia, and Africa are delivering record growth. This year, we are forecasting that our sector will contribute an historic $2.1TN in 2025, surpassing the previous high of $1.9TN in 2019, by $164BN. As Italy hosts this year’s Global Summit, its role as a G7 leader showcases the importance of tourism in driving economies, creating jobs, and shaping our shared future.”

Globally, the travel industry is growing at a rapid rate. According to the report, the sector supported 357million jobs in 2024. That figure is set to rise to 371million in 2025, along with an increase in the sector’s share of global employment.

By 2035, one in eight jobs worldwide will be in the industry, with an additional 91 million new jobs compared to today. The majority of those will be in the Asia-Pacific region.

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‘I’ll do whatever it takes’, Home Sec vows as she unveils Farage-esque crackdown to tackle Reform surge

The Home Secretary has vowed to do whatever it takes to secure the UK’s borders as she unveils a Farage-style crackdown on migrants.

The government will slap tough new conditions on migrants requiring them to prove they are valuable to society or face the boot, Shabana Mahmood MP said during a speech at Labour conference on Monday.

Home Secretary Shabana Mahmood speaking at a podium with "Renew Britain" on it.

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Home Secretary Shabana Mahmood vowed to bring in much tougher requirements on migrantsCredit: PA
Migrants in an inflatable dinghy leaving the beach of Petit-Fort-Philippe, France to cross the English Channel.

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Migrants will need to jump through more hoops in order to gain permanent citizenshipCredit: Reuters

The plans are Labour’s latest attempt to wrestle ownership of the immigration issue off Reform, which has led the debate and gained huge popularity.

In order to earn indefinite leave to remain (ILR), migrants will have to learn to speak a “high standard” of English, Mahmood said on Monday.

Most migrants can currently apply for ILR after five years of living in Britain – handing them the right to live here forever.

But that may soon double to ten years and be limited to those who pay National Insurance, Mahmood revealed in her first Labour Party conference speech.

Migrants will also be required to have a clean criminal record, not claimed benefits and prove a record of volunteering in local communities.

The Home Secretary promised to “do whatever it takes to secure our borders”.

She said: “Time spent in this country alone is not enough. You must earn the right to live in this country.”

Meanwhile, Mahmood slammed Mr Farage as “worse than racist… it’s immoral”.

Officials say the new “earn it” system will allow migrants to “earn down” the ten-year wait through positive contributions – or “earn up” if they fail to pull their weight.

But the crackdown does not apply retrospectively, meaning the so-called “Boriswave” of approximately 1.3million who arrived between 2021 and 2024 can still qualify for ILR after just five years.

The Sun’s Politics Editor Jack Elsom on Starmer saying Labour got it wrong on migration

It is understood Ms Mahmood is weighing a separate emergency fix just for them, though it may not be the same model.

One source close to the Home Secretary said: “For anybody who is in the country now, the new conditions don’t apply.

“But she is looking closely at what to do about the Boris wave, because she is concerned about what happens when that group passes beyond the five-year mark and automatically receives ILR.”

Lawyers have warned any retrospective move would spark fierce legal challenges.

LIVERPOOL, ENGLAND - SEPTEMBER 29: Home Secretary and Labour MP for Birmingham Ladywood, Shabana Mahmood speaks on stage during day two of the Labour Party conference at ACC Liverpool on September 29, 2025 in Liverpool, England. The Labour Conference is being held against a vastly different backdrop to last year when the party had swept to power in a landslide general election victory. A year on and polling shows three quarters of Britons (74-77%) say they have little to no trust in the party on the cost of living, immigration, taxation, managing the economy, representing people like them, or keeping its promises. (Photo by Nicola Tree/Getty Images)

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Mahmood unveiled a doubling of the time for migrants to receive indefinite leave to remain
A Border Force vessel, the BF Typhoon, carries migrants across the sea, with many people visible on deck wearing orange life vests.

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A Border Force vessel arrives at the Marina in Dover carrying migrants picked up at seaCredit: AFP

Ashley Stothard, Immigration Lawyer at Freeths, said on applying the ten-year rule retrospectively: “I think that change would be challenged by judicial review on the basis that it’s unfair.

“We saw a similar situation back in 2008 when the Government attempted to retrospectively change the criteria for the Highly Skilled Migrant Programme.

“That challenge was successful, and the new criteria were not applied to those already in the UK.

“The case upheld the principle that immigration policy should be fair and transparent. Migrants in the UK have a legitimate expectation that they can qualify for Indefinite Leave to Remain under the rules in place when they entered.”

Ms Mahmood yesterday warned Labour members they might not like her migrant crackdown.

She said: “In solving this crisis, you may not always like what I do. We will have to question some of the assumptions and legal constraints that have lasted for a generation and more.

“But unless we have control of our borders and until we can decide who comes in and who must leave, we will never be the open, tolerant and generous country that I know we all believe in.”

Nigel Farage’s anti-immigration Reform UK, which is leading in opinion polls, said last week it was considering scrapping “indefinite leave to remain”, and replacing it with a five-year renewable work visa.

Starmer accused Reform on Sunday of planning a “racist policy” of mass deportations, although he clarified he did not think Reform supporters were racist.

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Intel Shares Surge on Nvidia Investment. Is It Too Late to Buy the Stock?

The deal is a big win for Intel.

Intel (INTC -2.59%) just had one of its best days in years, with its stock price surging after Nvidia (NVDA 3.70%) revealed it would take a $5 billion stake in the chipmaker and partner on new products. The stock price is now up about 50% on the year.

While the market loved the deal, it is worth taking a closer look at what this deal really means for Intel and whether this is a true turning point or just a short-term jolt.

A semiconductor chip on a circuit board.

Image source: Getty Images.

Why Nvidia is partnering with Intel

The collaboration between Nvidia and Intel appears largely aimed at rival Advanced Micro Devices (AMD 1.73%). AMD’s central processing units (CPUs) have been steadily taking share from Intel in both the data center and computer segments. Meanwhile, the company has started to fuse its graphics processing units (GPUs) and CPUs together, which is a direct challenge to Nvidia. However, thus far, most of its success in this area has been in gaming and computers and not in artificial intelligence (AI).

Nonetheless, Nvidia does not appear content to just dominate the massive data center market, and with this collaboration, it will look to address the laptop market as well. It also looks to stave off any advantages that AMD may gain in the data center market with a combined GPU/CPU chip, especially as the market moves more toward inference.

As such, the companies will look to combine Intel CPUs with Nvidia GPUs connected by NVLink, giving laptop buyers an integrated option that is much more powerful. Intel will also build custom x86 CPUs for Nvidia’s rack-scale servers, making Nvidia a major customer for its chips. That is a big win for Intel, given how much share it has lost to AMD in the data center over the past five years. For Nvidia, this is about making sure AMD doesn’t gain too much ground with its own combined CPU/GPU solutions.

While the $5 billion investment is a drop in the bucket for Nvidia, it does matter for Intel. Intel has been burning through cash trying to scale its foundry business and build new fabs in the U.S. and Europe. Its foundry operating losses were $3.2 billion last quarter, worse than a year ago.

The Nvidia capital injection, along with $9 billion from the U.S. government and $2 billion from SoftBank, gives Intel a $16 billion war chest to keep investing without wrecking its balance sheet. It also signals to the market that Nvidia sees Intel as too important to fail. The company may be a competitor in some markets, but Nvidia apparently wants a strong CPU partner to keep AMD from getting too much leverage in the CPU market.

Is Intel’s stock a buy?

Despite the stock’s huge jump, there are still plenty of risks with the Intel story. Intel’s core PC business remains soft, with client computing revenue down 3% year over year last quarter. Its data center and AI segment revenue grew just 4%, which was far behind the booming numbers from Nvidia and even AMD.

And while the company says its product roadmaps remain on track, its recent history is not good, with the company often missing deadlines or even scrapping products. In addition, Nvidia said that it is not giving up on the CPUs it has been developing with Arm Holdings.

Intel’s money-losing foundry business is also an issue, and it does not sound like Nvidia is riding to the rescue with regard to this part of its business. Nvidia has made clear that it is not moving away from Taiwan Semiconductor Manufacturing as its primary manufacturing partner. Intel doesn’t have the expertise or scale of TSMC, so Nvidia is still very reliant on the foundry leader.

While the partnership with Nvidia is a positive, it doesn’t solve all of Intel’s problems. It still needs to prove it can execute and that all the money it’s pouring into its foundry business will pay off. Gaining Nvidia as a foundry customer likely would have been a bigger deal, but that was not the case.

Meanwhile, after the jump in its stock price this year, the stock is no longer in the bargain bin. As such, I wouldn’t chase the rally.

Geoffrey Seiler has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Intel, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends the following options: short November 2025 $21 puts on Intel. The Motley Fool has a disclosure policy.

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India’s Private Credit Surge: Shapoorji’s $3.4B Milestone

Expanding economies and bank regulatory hurdles prompt emerging-market companies to tap the private credit market.

Shapoorji Pallonji Group, an Indian construction company, made its mark in financial history in May, when it took down a $3.4 billion private credit facility, shattering records for the world’s fastestgrowing big economy. Lenders included US-based heavy-hitters Ares Management and Cerberus Capital.

Financiers hope the deal is a sign of things to come.

“The Shapoorji Group event is a strong indicator of the market’s potential,” says Nicholas Cheng, head of the Private Markets Group at Standard Chartered Global Private Bank. “It serves as a proof of concept for other large corporations.”

Emerging markets so far represent a tiny slice of a global private credit sector that is roaring toward $2 trillion in outstanding loans. India, probably the subsector’s hottest jurisdiction, absorbed $9.2 billion in private credit last year, a 7% increase from 2023, according to Ernst & Young.

Nicholas Cheng, Standard Chartered
Nicholas Cheng, Head of Private Markets Group, Standard Chartered Global Private Bank

Singapore’s sovereign Private Credit Growth Fund handed Apollo Global Management a $1 billion mandate to “target local high-growth businesses,” a government website revealed in July. Indian banking power Kotak Mahindra Bank is looking to add $2 billion to its private-credit war chest, CEO Lakshmi Iyer said in April. South Korea’s IMM Holdings closed a $700 million private credit fund over the summer with backing from Seoul’s National Pension Fund.

Investors near and far are gearing up for growth.

“Now is the time when we see the step change,” predicts Matt Christ, a New York-based debt portfolio manager at asset manager Ninety One. “Emerging markets account for 65% of global GDP, but only 3% of the private credit universe.”

There are reasons for the lag. Private credit in the US and Europe has been primarily driven by private equity firms borrowing to make or add leverage to acquisitions. Emerging market companies are more financially conservative, with one eye always out for macroeconomic instability, and leveraged buyouts are rare. Pension funds and other pots of capital also tend to be more cautious.


“India’s financial system … has a real growing need for private credit.”

Michel Lowy, SC Lowy Financial


“The appetite for highly levered capital structures is dramatically lower in emerging markets, both among institutional investors and companies themselves,” says Christ.

In the US, and to a lesser extent Europe, regulators opened the door to private credit by restricting banks from lending they viewed as risky following the 2008 global financial crisis. But in emerging markets, banks remain more dominant, Cheng observes: “There is still a strong preference for traditional bank relationships in many Asian markets. Educating both borrowers and investors on the benefits of private credit is an ongoing effort.”

Compounding the difficulty is the extra cost of private credit relative to bank loans or bond markets. Shapoorji is reportedly paying 19.5% annual interest in rupees on a three-year loan. That compares to a benchmark prime lending rate of just below 14%, according to Indian Bank’s website. Michel Lowy, CEO of Hong Kong-based SC Lowy Financial, says his Indian private credit deals earn an “18%-20% USD equivalent return” over rupee-denominated bank loans.

Emerging market private credit can be more lucrative than developed market transactions by “200 to 300 basis points,” says Christ at Ninety-One, which lends mostly in dollars.

Regulatory Hurdles, Data Center Opportunities

Paying these premiums can nonetheless be worth it to borrowers who end up on the wrong side of regulatory guidance or are poorly served by banking systems evolving less rapidly than their markets. Lowy’s most active private credit market is Korea. Regulators there are have been looking to rein in rising housing prices by “putting pressure on the banking system to decrease exposure to real estate,” he says.

That leaves some developers to raise cash by any means necessary. SC Lowy jumped into the breach in July, organizing $250 million in “short-term bridge financing” for “a completed luxury development” in Seoul’s Gangnam district.

The firm is compensating for regulatory rigidities anomalies in its No. 2 market, India, too. An Indian credit card manufacturer sought funds to buy out minority shareholders and “settle debt in a subsidiary,” Lowy recounts. Their obstacle was that Indian banks are not allowed to lend directly to holding companies, only their operating subsidiaries. Lowy stepped in with a private credit facility “in excess of $100 million.”

“The development of India’s financial system has not kept pace with the growth of the economy,” Lowy concludes. “They have a real growing need for private credit.”

Private lenders can earn their extra interest with greater flexibility on structures and terms, Christ says: “We can have longer maturities than bank credit, which is generally two to three years. We might also mix cash with payment in kind. We go under the tent and work with management teams.”

Fruitful new terrain for private credit globally is financing the data centers needed to service an expected explosion in AI. US-based hyperscalers have grabbed the headlines with their ambitious plans in the field. Mark Zuckerberg’s Meta Platforms lately floated its intention to raise $26 billion in private debt for AI expansion. But Asian data center capacity is growing faster and will overtake the US by the end of this decade, global real estate advisor Cushman & Wakefield predicts.

Many of the operators across emerging markets are local players scrambling to raise money fast. “Data centers are a huge part of what we’re doing, in India, Latin America, Southeast Asia, everywhere,” Christ says.

He’s not the only one.

In June, DayOne Data Centers in Singapore announced plans to raise $1 billion in private credit. The company will borrow in dollars, paying 9.5% to 10% annually on a four-year term, according to published reports. Princeton Digital Group, also Singapore-based, unveiled a $400 million program in April.

Expanding from these sorts of numbers to multibillion-dollar private credit deals on the Shapoorji model will not be easy in emerging markets. Legal and cultural complexities can only be tackled one country at a time, leaving a fractured playing field of relatively small markets. India’s economy, for all its dynamism, remains one-seventh the size of the US.

Bankruptcy laws can leave recovery of bad debts uncertain, even if lenders are able to press agreements governed by New York or English Law, the global standards.

“The regulatory landscape can be complex,” Standard Chartered’s Cheng observes. “This creates challenges for enforceability of covenants and scalability.”

Lenders will look to compensate for these risks with higher interest rates, which may shrink the pool of potential borrowers. US and European private credit giants show limited interest anyway, given the mega-transactions they increasingly tackle back home.

“We don’t see a lot of crossover from developed markets into emerging market transactions, where the legal work needs to be done on a highly local level,” Christ says.

Still, private credit is finding its niche, or niches, in emerging markets, and a steady stream of deals in the hundreds of millions can alter financial landscapes. For borrowers left out or unsatisfied by traditional, regulated banks, expensive credit can be better than no credit.

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Israel-Palestine two-state solution summit to be held as recognitions surge | Israel-Palestine conflict News

Israel and the US are boycotting the UN-hosted event, but other countries are building on an earlier declaration.

France and Saudi Arabia are preparing to host a one-day summit at the United Nations, a day ahead of the start of the General Assembly, both of which will be heavily focused on Israel’s war on Gaza and the elusive two-state solution.

At the UN headquarters in New York, world leaders will convene Monday to revive the long-stalled notion amid warnings that a contiguous Palestinian state could “vanish altogether” as a result of Israel’s hegemonic moves in both Gaza and the occupied West Bank.

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France is expected to announce its official recognition of a Palestinian state, and others like Belgium are considering doing the same. It will come one day after the United Kingdom, Canada, Australia and Portugal all recognised Palestinian statehood in historic moves despite vehement opposition from Israel and the United States.

Israel and its top allies are boycotting the summit, with Israel’s ambassador to the UN, Danny Danon, describing the major multilateral event as a “circus” and sticking to Israel’s common refrain that such moves “reward terrorism”.

Israeli Prime Minister Benjamin Netanyahu is under heavy domestic political pressure amid the surge in recognitions for a state of Palestine. Israeli media reports his far-right government is considering partial or full annexation of the occupied West Bank in response, but that Netanyahu needs US support and cover, which he will seek while in New York for the UNGA.

The UN has expressed hope that the summit could “inject new momentum into efforts to establish a UN roadmap towards two states”.

Monday’s summit is expected to expand on the “New York Declaration” that was adopted by the General Assembly earlier this month after a July conference also co-hosted by France and Saudi Arabia. Israel and the US boycotted those international gatherings as well.

The seven-page declaration that was endorsed outlined “tangible, timebound, and irreversible steps” towards a two-state solution, while also condemning Hamas and calling it to surrender, disarm, and release all captives held in Gaza. It further called for an immediate ceasefire and unimpeded entry of humanitarian aid into Gaza as Israel continues to starve the famine-stricken Palestinian people.

French President Emmanuel Macron will be a leading figure in the summit on Monday, but Saudi Crown Prince Mohammed bin Salman is expected to attend via video link despite being a co-host.

In response to the growing global consensus against its genocidal war in Gaza and its occupation of the West Bank, Israel has been advancing plans to annex parts of the West Bank with the explicit aim of ending the prospects of a future Palestinian state.

Israeli diplomats have also teased possible measures specifically against France and Macron, telling Israeli media that they might close down the French consulate in Jerusalem, possibly expel French diplomats or limit intelligence cooperation.

Netanyahu has also lashed out at Macron, claiming that he is fueling “the anti-Semitic fire” in France.

Qatar, which has been mediating between Israel and Hamas but was bombed by Israel earlier this month, on Monday welcomed the announcements by the UK, Canada, Australia and Portugal,

Israel has also only intensified its genocidal war in Gaza in response to the limited international mobilisation, particularly ramping up its ground invasion of Gaza City and deadly air and naval strikes across the besieged enclave.

The Israeli army killed at least 25 members of a Palestinian family in strikes on homes in Gaza City’s Sabra neighbourhood on Sunday while pushing forward with its tanks and claiming all attacks were hitting “terrorist” targets.

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New York Governor Hochul endorses Zohran Mamdani for mayor amid poll surge | Elections News

The governor of New York state, Kathy Hochul, has endorsed Democratic nominee Zohran Mamdani, a staunch pro-Palestinian advocate who has campaigned for a more equitable allocation of the city’s resources, for mayor ahead of a closely watched November election in the financial capital of the United States.

Writing in The New York Times, the state leader said on Sunday she made her decision after “frank conversations” with her fellow Democrat, who resoundingly won the support of the party’s voters in a primary election in May.

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“In our conversations, I heard a leader who shares my commitment to a New York where children can grow up safe in their neighbourhoods and where opportunity is within reach for every family,” Hochul wrote in the city-based newspaper.

“I heard a leader who is focused on making New York City affordable — a goal I enthusiastically support,” Hochul added.

Mamdani, a 33-year-old left-wing politician who has promised to make buses free and freeze rents for subsidised tenants, won 56.4 percent of votes among registered Democrats in the primary race, easily beating former New York Governor Andrew Cuomo.

Yet Cuomo, a pro-Israel candidate who joined a team of lawyers defending Israeli Prime Minister Benjamin Netanyahu against war crimes allegations in Gaza, has taken the unusual move of choosing to stay in the race, reflecting a continued divide within the Democratic Party.

While recent polls suggest Mamdani has a 22-point lead among New York voters, some prominent New York Democrats have appeared hesitant to back him, including US Senate Minority Leader Chuck Schumer, Democratic Minority Leader Hakeem Jeffries, Bronx Congressman Ritchie Torres, and, until recently, Hochul — though the governor had been more positive in comments about Mamdani than the others.

Speaking in Iowa on Saturday, Maryland Democratic Senator Chris Van Hollen criticised his Democratic colleagues for failing to endorse Mamdani, accusing them of the “kind of spineless politics” that “people are sick of”.

“They need to get behind him, and get behind him now,” Van Hollen said.

Mamdani, who has campaigned alongside independent Senator Bernie Sanders and progressive Democrats Alexandria Ocasio-Cortez and Pramila Jayapal in recent days, has received fewer endorsements from centrist Democrats like Hochul, less than two months out from the November 4 general election.

Thanking the governor for her announcement on Sunday, Mamdani acknowledged Hochul’s “support in unifying our party” as well as her “focus on making New York affordable”.

FILE - New York Gov. Kathy Hochul speaks at a news conference on New York City Mayor Eric Adams, not pictured, Thursday, Feb. 20, 2025, in New York. (AP Photo/Julia Demaree Nikhinson, File)
Hochul announced she was endorsing Mamdani on Sunday [File: Julia Demaree Nikhinson/AP Photo]

He also praised “her resolve in standing up to Trump”.

Trump has also weighed in on the race, saying Mamdani being “up by 20” in a recent poll shows there is a “rebellion against bad candidates … they’re tired of it”.

“I’m not looking at the polls too carefully, but it would look like he is going to win, and that is a rebellion,” Trump told “Fox and Friends” on Fox News on Friday, describing Mamdani, a member of the Democratic Socialists of America, as “my little communist mayor”.

A Quinnipiac University poll released last week showed Mamdani with 45 percent support among likely voters, and a comfortable 22-point lead over his closest rival, Cuomo, with 23 percent.

Repeat Republican candidate, Curtis Sliwa, who cofounded the Guardian Angels to combat “violence and crime” on the New York subway in the 1970s, is polling at 15 percent, according to the Quinnipiac poll, while embattled incumbent Mayor Eric Adams, running as an independent candidate, has just 12 percent support.

Trump has dismissed Sliwa as a candidate, describing the Republican candidate known for his trademark red beret as “not exactly prime time”.

Mamdani, meanwhile, has portrayed Adams as a “puppet” of Trump’s following meetings between the mayor and the US president and his team. Trump has described Adams as a “very nice person” but has denied recent reports that he offered the mayor an ambassadorship.

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Warner Bros Discovery shares surge on Paramount Skydance buyout report

Published on
12/09/2025 – 9:49 GMT+2


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Shares in Warner Bros Discovery surged nearly 30% in New York on Thursday after the Wall Street Journal reported that Paramount Skydance was preparing to buy its rival.

Paramount Skydance’s stock also rose around 16% in daily trading.

The majority cash bid is reportedly for the entire company, including its movie studio and cable networks like HBO and CNN. Warner said late last year that it planned to split into two operating divisions: one focused on cable TV and the other on streaming and studios.

Paramount’s offer is allegedly backed by Oracle’s Larry Ellison, who briefly became the world’s richest person this week, overtaking tech tycoon Elon Musk. The billionaire’s son, David Ellison, runs Paramount Skydance.

The WSJ noted that a bid hasn’t yet been submitted and that plans could still fall apart.

Paramount Skydance’s market value was $19 billion (€16bn) as of Thursday’s close, while that of Warner Bros Discovery was roughly $40bn (€34bn).

Paramount and Warner Bros did not immediately respond to requests for comment regarding reports of the acquisition.

If approved, a merger between the two firms would mark the biggest consolidation in Hollywood since Walt Disney bought the entertainment division of Fox Corp. in 2019.

Scale would allow the new company to compete with the likes of streaming giants Netflix and Disney as the industry is redefined by changes in traditional viewing habits.

Paramount Skydance merger

The report comes just weeks after the finalisation of a $8bn (€7bn) merger between movie giant Paramount and independent film studio Skydance Media.

This acquisition became particularly controversial after it was linked to a legal dispute over a CBS News interview.

In July, Paramount paid $16 million (€14mn) to settle a defamation case against US President Donald Trump. The Republican leader claimed that Paramount’s CBS News in November edited a “60 Minutes” news programme with then-vice president Kamala Harris in a way that was deliberately deceptive.

Paramount said in a statement that the settlement with Trump was “completely separate from, and unrelated to, the Skydance transaction and the FCC approval process”. 

Even so, critics of the settlement lambasted it as a veiled bribe to appease Trump and allow the merger to go ahead.

Despite the payout, Paramount’s settlement did not include a statement of apology or regret.

Skydance did, however, declare it would end Paramount’s diversity programmes and appoint an ombudsman to review complaints of bias. Paramount also cancelled the left-leaning Late Show with Stephen Colbert ahead of the merger approval.

Critics viewed the moves as further attempts to win over President Trump, although Paramount denied that the Colbert show was cancelled for political motives.

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Lakeland Reports Record Q2 Revenue Surge

Lakeland (LAKE -3.73%) reported fiscal second quarter 2026 earnings on September 3, 2025, posting record revenue of $52.5 million, up 36% year-over-year driven largely by fire services growth and recent acquisitions, and adjusted EBITDA of $5.1 million, up 90% year-over-year. Net income turned positive at $800,000 versus a $1.4 million loss in fiscal Q2 2025, but adjusted gross margin (non-GAAP) contracted to 37.4% from 41.1% a year prior due to tariffs and acquisition-related margin dilution. This analysis provides three actionable insights on strategic integration, margin management, and operational discipline taken from executive commentary and Q&A.

Acquisitions accelerate Lakeland’s revenue and market share

Recent deals, including Meridian, LHD, and Jolly, contributed $9 million of the $14 million total year-over-year revenue growth, with fire services products increasing by 113% year-over-year and comprising 47% of total revenue year-to-date. Lakeland’s exposure now spans the U.S., Europe, and Asia Pacific, and the company is actively engaged in multiple new M&A opportunities in the fire suit rental, decontamination, and services sector, especially within the United States.

“With the four recently completed acquisitions, which added product line extensions either made of new products and expanded our global footprint, We are well-positioned to grow our global head-to-toe buyer portfolio and generate long-term value for our shareholders.”
— Jim Jenkins, President, CEO, and Executive Chairman

These integrations enhance Lakeland’s competitive moat in consolidated fire and industrial protective markets by creating cross-selling opportunities and recurring revenue streams.

Tariffs and acquisition mix pressure Lakeland gross margins

Adjusted gross margin fell 370 basis points year-over-year to 37.4%, primarily due to lower acquired company margins, increased material costs, new tariffs, and inventory purchase accounting impacts, though it rose sequentially by 220 basis points, primarily due to a partial reversal of purchase price variance expense and some cost reductions. Tariff effects were prominent in Latin America and caused $3.6 million in year-over-year sales declines in that region, while U.S. and European revenues soared.

“Adjusted gross profit as a percentage of net sales in the second quarter was 37.4% versus 41.1% in the comparable year-ago period but increased 220 basis points sequentially from 35.2% in the first quarter. Our adjusted gross margin percentage decreased in the second quarter for fiscal 2026 compared to the same period last year. Primarily due to lower acquired company gross margins, increased material costs, and tariffs.”
— Jim Jenkins, President, CEO, and Executive Chairman

Lakeland’s near-term profitability will remain tied to its ability to offset input cost inflation and tariffs through price realization, operational efficiency, and a more favorable sales mix as newly acquired service businesses ramp up.

Lakeland ramps cost savings and working capital discipline

Operating expense reductions began contributing in the quarter, with adjusted OpEx declining 8.1% from Q1 to Q2 and identified savings of at least $1 million annualized to date for the remainder of the year; further cost initiatives are forecasted to yield an additional $3 million in annualized savings taking effect through the second half of the year. The company’s inventory balance increased 33% year-over-year to $90.2 million from $67.9 million, a key focus for improvement by optimizing working capital in line with demand and recent acquisition absorption.

“We have further identified and are executing initiatives expected to yield an additional $3 million in annualized savings. With the benefits anticipated to materialize in 2026. We believe these efforts will enable higher margins and build a more agile, and cost-effective Lakeland in the longer term.”
— Jim Jenkins, President, CEO, and Executive Chairman

Disciplined cost management and inventory optimization are vital for supporting margin recovery and EBITDA growth, strengthening Lakeland’s ability to self-fund continued M&A and platform reinvestment.

Looking Ahead

Management guided revenue to the lower end of the $210 million to $220 million range for fiscal 2026, with adjusted EBITDA excluding FX between $20 million and $24 million, reflecting Latin American sales weakness and tariff-driven uncertainty. The company expects sequential improvement in gross margin and adjusted EBITDA (non-GAAP) in the third quarter, and is targeting organic growth in the high single-digit to low double-digit range over the medium term. Over the next three to five years, Lakeland aims to expand EBITDA margin into the mid to high teens, driven by efficiency gains, strategic acquisition synergies, and a more profitable business mix.

This article was created using Large Language Models (LLMs) based on The Motley Fool’s insights and investing approach. It has been reviewed by our AI quality control systems. Since LLMs cannot (currently) own stocks, it has no positions in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

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ICE undertakes ‘Operation Patriot 2.0’ surge in Massachusetts

Sept. 6 (UPI) — Immigration and Customs Enforcement began an immigration law enforcement surge in Massachusetts and Boston this week, while challenging their sanctuary laws in federal court.

The Trump administration this week began the surge, dubbed Operation Patriot 2.0, in Massachusetts and Boston, The New York Times reported.

The surge is in advance of a similar surge anticipated in Chicago and another that is already underway in Washington, D.C., and comes as the Trump administration has started challenging city and state sanctuary laws in federal court.

The Justice Department on Thursday challenged the legality of Boston’s 11-year-old sanctuary city law, called the Boston Trust Act, which does not allow city police to transfer detainees to ICE or hold them for possible federal immigration law violations.

The federal lawsuit filed in the U.S. District Court for Massachusetts names Boston Mayor Michelle Wu, the city of Boston, the Boston Police Department and Police Commissioner Michael Cox as defendants.

The DOJ has accused them of violating the Constitution’s Supremacy Clause that gives federal law precedence over state and local laws.

The defendants also “interfere with federal law and create obstacles to the enforcement of federal immigration law,” the DOJ said, which asked the court to invalidate the sanctuary laws.

Responding to the lawsuit and enforcement surge, Wu accused the Trump administration of “targeting the very people who built our country and our cities,” WBTS-CD reported.

Massachusetts Gov. Maura Healey said the state needs other kinds of assistance from the federal government.

“It’s disrespectful to local and state law enforcement, who work hard every day,” Healey said.

“What we need from the Trump administration is funding for cops, funding for community policing [and] funding for law enforcement,” she added.

Acting ICE Director Todd Lyons earlier said the agency would “flood” Boston and other sanctuary locales with federal immigration enforcement agents.

Justice Department officials also warned Wu and leaders in other sanctuary cities and jurisdictions that they would lose federal funding and potentially face prosecution for allegedly obstructing federal immigration enforcement efforts.

While Wu and Healey oppose the federal immigration law enforcement surge, ICE officials on Thursday reported the capture and removal of an accused child rapist in Boston.

Agents with the ICE Boston office removed Albert George Davis, 59, from the United States on Aug. 21 and deported him to Jamaica, the agency said in a press release.

Jamaican officials sought Davis since 2020, when he was accused of raping a child in Jamaica and fled to the United States to avoid prosecution.

“He had been hiding out in our community for five years, but now he will be forced to face justice in his native country,” said David Wesling, deputy director of the ICE Enforcement and Removals Office in Boston.

“ICE Boston will continue to prioritize public safety by aggressively locating, arresting and removing criminal alien offenders from our New England communities,” Wesling added.

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Judge upbraids prosecutors for handling of D.C. surge cases, saying they have ‘no credibility left’

A federal magistrate judge on Thursday angrily accused Justice Department prosecutors of trampling on the civil rights of people arrested during President Trump’s law enforcement surge in the nation’s capital.

Judge Zia Faruqui, a former federal prosecutor, said leaders of U.S. Atty. Jeanine Pirro’s office have tarnished its reputation with how they are handling the deluge of cases. He said Pirro’s office is routinely bringing cases that don’t belong in federal court and needlessly keeping people in jail for days while they evaluate charges.

“It’s not fair to say they’re losing credibility. We’re past that now,” Faruqui said. He later added, “There’s no credibility left.”

The judge lambasted Pirro’s office during a hearing at which he agreed to dismiss the federal case against a man accused of threatening to kill Trump while in police custody. The defendant, Edward Alexander Dana, spent more than a week in jail before a federal grand jury refused to indict him.

It is extraordinarily rare for a grand jury to balk at returning an indictment, but it has happened at least seven times in five cases since Trump’s surge started nearly a month ago. Faruqui said it is ironic that an occupying force is at the mercy of the occupants” serving on the grand juries.

Pirro has been critical of Faruqui, one of four magistrates at the district court in Washington. On Thursday, the top federal prosecutor for Washington responded to Faruqui’s latest remarks by saying the judge “has repeatedly indicated his allegiance to those who violate the law and carry illegal guns.”

“This judge took an oath to follow the law, yet he has allowed his politics to consistently cloud his judgment and his requirement to follow the law,” she said in a statement. “America voted for safe communities, law and order, and this judge is the antithesis of that.”

Faruqui said there is no precedent for what is happening at the courthouse over the last few weeks. He said Trump administration officials are frequently touting the arrest figures on social media with seemingly no regard for how the arrests are affecting people’s lives.

“Where are the stats on the people illegally detained?” he asked.

Assistant U.S. Atty. Conor Mulroe said prosecutors from Pirro’s office are working around the clock on the influx of new cases.

“You are busy because you all have created this mess,” he told Mulroe. “I’m not saying it’s your problem. It’s your office’s problem.”

Mulroe was the only representative of Pirro’s office who attended Thursday’s hearing. Faruqui questioned why Pirro or her top deputies “don’t have the dignity to come here” and defend their charging decisions.

“That’s what leaders do,” he said.

The White House says over 1,800 people have been arrested since the operation started Aug. 7. Over 40 cases have been filed in district court, which hears the most serious federal offenses, including assault, gun and drug charges.

Dana was jailed for about a week after his arrest on Aug. 17. A different judge ordered his release on Aug. 25. On Thursday, Pirro’s office opted to drop the federal case against Dana but charge him with misdemeanors, including destruction of property and attempted threats, in D.C. Superior Court.

Dana’s attorney, assistant federal public defender Elizabeth Mullin, said prosecutors should have known that this case didn’t belong in federal court.

“A 15-year-old would know,” she said. “It was obvious from the outset.”

Dana was arrested on suspicion of damaging a light fixture at a restaurant. An officer was driving Dana to a police station when he threatened to kill Trump, according to a Secret Service agent’s affidavit. Dana also told police that he was intoxicated that night. Mullin said Dana’s “hyperbolic rambling” didn’t amount to a criminal threat.

Faruqui ordered prosecutors to file a brief explaining why they didn’t immediately inform him of its charging decisions in Dana’s case. The judge apologized to Dana “on behalf of the court” and suggested that Pirro’s office also owes Dana an apology.

Pirro said in an earlier statement that a grand jury’s refusal to indict somebody for threatening to kill the president “is the essence of a politicized jury.”

“The system here is broken on many levels,” she said. “Instead of the outrage that should be engendered by a specific threat to kill the president, the grand jury in D.C. refuses to even let the judicial process begin. Justice should not depend on politics.”

Kunzelman writes for the Associated Press.

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Noem confirms more ICE resources heading to Chicago; mayor is defiant

Homeland Security Secretary Kristi Noem said Sunday that immigration operations will soon be expanded in Chicago, confirming plans for a stepped-up presence of federal agents in the nation’s third-largest city as President Trump continues to lash out at Illinois’ Democratic leadership.

Noem’s comments came a day after Chicago Mayor Brandon Johnson struck back against what he called the “out-of-control” plan to surge federal officers into the city. The Chicago Police Department will be barred from helping federal authorities with civil immigration enforcement or any related patrols, traffic stops and checkpoints during the surge, according to an executive order Johnson signed Saturday.

The Homeland Security Department last week requested limited logistical support from officials at the Naval Station Great Lakes to support the agency’s anticipated operations. The military installation is about 35 miles north of Chicago.

“We’ve already had ongoing operations with ICE in Chicago … but we do intend to add more resources to those operations,” Noem said during a Sunday appearance CBS News’ ”Face the Nation.”

Noem declined to provide further details about the planned surge of federal officers. It comes after the Trump administration deployed National Guard troops to Washington, saying they were needed to target crime, immigration and homelessness, and two months after it sent troops to Los Angeles.

Trump lashed out against Illinois Gov. JB Pritzker in a social media posting Saturday, warning him that he must straighten out Chicago’s crime problems quickly “or we’re coming.” The Republican president has also been critical of Johnson.

Johnson and Pritzker, both Democrats, have denounced the expected federal mobilization, noting that crime has fallen in Chicago. They are planning to sue if Trump moves forward with the plan.

In his order signed Saturday, Johnson directed all city departments to guard the constitutional rights of Chicago residents “amidst the possibility of imminent militarized immigration or National Guard deployment by the federal government.”

Asked during a news conference about federal agents who are presumably “taking orders,” Johnson replied: “Yeah, and I don’t take orders from the federal government.”

Johnson also blocked Chicago police from wearing face coverings to hide their identities, as most federal immigration officers have done since Trump launched his crackdown.

The federal surge into Chicago could start as early as Friday and last about 30 days, according to two U.S. officials who spoke on condition of anonymity to discuss plans that had not been made public.

Pritzker, in an interview aired Sunday on “Face the Nation,” said that Trump’s expected plans to mobilize federal forces in the city may be part of a plan to “stop the elections in 2026 or, frankly, take control of those elections.”

Noem said it was a Trump “prerogative” whether to deploy National Guard troops to Chicago as he did in Los Angeles in June in the midst of protests there against immigration raids.

“I do know that L.A. wouldn’t be standing today if President Trump hadn’t taken action,” Noem said. “That city would have burned if left to devices of the mayor and governor of that state.”

Unlike the recent federal takeover of policing in Washington, the Chicago operation is not expected to rely on the National Guard or military and is focused exclusively on immigration, rather than being cast as part of a broad campaign against crime, Trump administration officials have said.

Chicago is home to a large immigrant population, and both the city and the state of Illinois have some of the country’s strongest rules against cooperating with federal immigration enforcement efforts. That has often put the city and state at odds with the Trump administration’s mass deportation agenda.

Johnson’s order builds on the city’s longtime stance, that neither Chicago nor Illinois officials have sought or been consulted on the federal presence and they stand against Trump’s mobilization plan.

During his news conference Saturday, Johnson accused the president of “behaving outside the bounds of the Constitution” and seeking a federal presence in Democratic cities as retribution against his political rivals.

“He is reckless and out of control,” Johnson said. “He’s the biggest threat to our democracy that we’ve experienced in the history of our country.”

In response, the White House contended that the potential flood of federal agents was about “cracking down on crime.”

“If these Democrats focused on fixing crime in their own cities instead of doing publicity stunts to criticize the President, their communities would be much safer,” White House spokesperson Abigail Jackson said in an email Saturday.

Critics have noted that Trump, while espousing a tough-on-crime push, is the only felon ever to occupy the White House.

Madhani and Beck write for the Associated Press and reported from Washington and Chicago, respectively.

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