Normal view

Received today — 15 August 2025

DC’s attorney general says Trump’s police takeover is illegal and will ‘wreak operational havoc’ in the capital

The nation’s capital sued to block President Donald Trump’s takeover of its police department in court on Friday, hours after his administration escalated its intervention into the city’s law enforcement by naming a federal official as the new emergency head of the department.

Washington’s police department chief said that a Trump administration order installing a federal official as its head would upend command structure and be a “dangerous” threat to law and order. Police Chief Pamela Smith’s statement came in a court filing as the city seeks to block the federal takeover of its police department in court.

Washington’s top legal official sought an emergency restraining order in federal court blocking a Trump administration move to put a federal official in charge of its police. District of Columbia Attorney General Brian Schwalb argues the police takeover is illegal and threatens to “wreak operational havoc.”

The lawsuit comes after U.S. Attorney General Pam Bondi said Thursday night that Drug Enforcement Administration boss Terry Cole will assume the police chief’s duties and approval authority for any orders issued to officers. It was unclear where the move left the city’s current police chief, Smith, who works for the mayor.

Schwalb argues the new order goes beyond Trump’s authority and implementing it would “sow chaos” in the Metropolitan Police Department. “The administration’s unlawful actions are an affront to the dignity and autonomy of the 700,000 Americans who call D.C. home. This is the gravest threat to Home Rule that the District has ever faced, and we are fighting to stop it,” Schwalb said.

The Justice Department declined to comment on the district’s lawsuit, and a White House spokesperson did not immediately respond to messages seeking comment Friday morning.

The police takeover is the latest move by Trump to test the limits of his legal authorities to carry out his agenda, relying on obscure statutes and a supposed state of emergency to bolster his tough-on-crime message and his plans to speed up the mass deportation of people in the United States illegally.

It also marks one of the most sweeping assertions of federal authority over a local government in modern times. While Washington has grappled with spikes in violence and visible homelessness, the city’s homicide rate ranks below those of several other major U.S. cities, and the capital is not in the throes of the public safety collapse the Trump administration has portrayed.

Chief had agreed to share immigration information

Schwalb had said late Thursday that Bondi’s directive was “unlawful,” arguing it could not be followed by the city’s police force. He wrote in a memo to Smith that “members of MPD must continue to follow your orders and not the orders of any official not appointed by the Mayor,” setting up the legal clash between the heavily Democratic district and the Republican administration.

The district’s attorney general is an elected position and the city’s top legal officer. It’s separate from federal U.S. attorney appointed by the president to serve in Washington, a role now filled by former Fox News Channel host and judge Jeanine Pirro. Trump also appointed Bondi as U.S. attorney general, the nation’s top law enforcement official.

Bondi’s directive came even after Smith had told MPD officers hours earlier to share information with immigration agencies regarding people not in custody, such as someone involved in a traffic stop or checkpoint. The Justice Department said Bondi disagreed with the police chief’s directive because it allowed for continued enforcement of “sanctuary policies,” which generally limit cooperation by local law enforcement with federal immigration officers.

Bondi said she was rescinding that order as well as other MPD policies limiting inquires into immigration status and preventing arrests based solely on federal immigration warrants. All new directives must now receive approval from Cole, the attorney general said.

Washington Mayor Muriel Bowser pushed back Thursday, writing on social media that “there is no statute that conveys the District’s personnel authority to a federal official.”

The president has more power over the nation’s capital than other cities, but D.C. has elected its own mayor and city council since the Home Rule Act was signed in 1973.

Trump is the first president to exert control over the city’s police force since it was passed. The law limits that control to 30 days without congressional approval, though Trump has suggested he’d seek to extend it. Schwalb argues the president’s role is narrow under the law, limited to requiring the mayor to provide police services for federal purposes.

Residents are seeing a significant show of force

A population already tense from days of ramp-up has begun seeing more significant shows of force across the city. National Guard troops watched over some of the world’s most renowned landmarks and Humvees took position in front of the busy main train station. Volunteers helped homeless people leave long-standing encampments — to where was often unclear.

Department of Homeland Security police stood outside Nationals Park during a game Thursday between the Washington Nationals and the Philadelphia Phillies. DEA agents patrolled The Wharf, a popular nightlife area, while Secret Service officers were seen in the Foggy Bottom neighborhood.

Bowser, walking a tightrope between the Republican White House and the constituency of her largely Democratic city, was out of town Thursday for a family commitment in Martha’s Vineyard but would be back Friday, her office said.

The uptick in visibility of federal forces around the city, including in many high-traffic areas, has been striking to residents going about their lives. Trump has the power to take over federal law enforcement for 30 days before his actions must be reviewed by Congress, though he has said he’ll re-evaluate as that deadline approaches.

Officers set up a checkpoint in one of D.C.’s popular nightlife areas, drawing protests. Troops were stationed outside the Union Station transportation hub as the 800 Guard members who have been activated by Trump started in on missions that include monument security, community safety patrols and beautification efforts, the Pentagon said.

Troops will assist law enforcement in a variety of roles, including traffic control posts and crowd control, National Guard Major Micah Maxwell said. The Guard members have been trained in de-escalation tactics and crowd control equipment, Maxwell said.

National Guard troops are a semi-regular presence in D.C., typically being used during mass public events like the annual July 4 celebration. They have regularly been used in the past for crowd control in and around Metro stations.

This story was originally featured on Fortune.com

© Kayla Bartkowski/Getty Images

President Donald Trump announced plans to deploy federal officers and the National Guard to the District in order to place the DC Metropolitan Police Department under federal control and assist in crime prevention in the nation's capital.

Instead of a $50,000 solar panel on your roof, how about a $2,000 one small enough to fit on your deck? ‘We thought absolutely, let’s do this right away’

15 August 2025 at 17:26

When Terrence Dwyer received a knock on his door and a flyer for a solar panel system small enough to fit on his deck, he was quickly sold. Solar systems that plug into regular wall outlets have been popular in Europe for years and are gaining traction in the U.S. for their affordability and simple installation.

“We thought absolutely, let’s do this right away,” said Dwyer, who lives in Oakland, California.

These small-scale solar systems could become attractive to more homeowners now that President Donald Trump’s sweeping budget-and-policy package will scrap residential rooftop solar tax credits and may shift interest to cheaper alternatives. Even before the GOP bill passed, manufacturers of the smaller systems known as plug-in or balcony solar were seeing increased demand and other positive signs such as a new Utah law streamlining regulations for homeowners to buy and install them. The systems about the size of a door haven’t been as widely adopted in the U.S. as in Europe because of lack of awareness, patchwork utility rules and limited availability.

The $2,000 plug-in solar system installed on Dwyer’s backyard deck in March consists of two 400 watt panels, an inverter, a smart meter and a circuit breaker. It saves him around $35 per month on his power bill because he is consuming less energy from the grid, but he said reducing his carbon footprint was his primary motivation.

“We like the environmental benefits of solar and wanted to engage with solar in some fashion,” Dwyer said.

Had Dwyer opted for rooftop solar, he would have paid $20,000 for the system and $30,000 to upgrade his roof to support the panels.

Installing a plug-in solar system requires some homework. What power companies let customers do with energy-generating equipment varies, which is why prospective purchasers should check their utility’s policies first. Building permits might be required depending on the municipality. Some systems can be self-installed, while others may require an electrician. For example, some kits have meters that must be wired into a home’s circuit breaker.

Removing hurdles for plug-in solar

Dwyer bought his system from Bright Saver, a nonprofit company in California that advocates for plug-in solar. In addition to the type Dwyer bought, the company also offers a smaller model costing $399 that recently sold out in six days.

“The interest and demand have been overwhelming,” said Cora Stryker, a founder of Bright Saver. “It is clear that we are hitting a nerve — many Americans have wanted solar for a long time but have not had an option that is feasible and affordable for them until now.”

Kevin Chou, another founder of Bright Saver, said wider adoption of the systems in the U.S. has been hindered by utility policies that create uncertainty about whether they’re allowed and a lack of state and local policies to make clear what rules apply.

Some utilities contacted by The Associated Press say plug-in solar systems require the same interconnection applications as rooftop panels that send electricity back to the wider network. But Steven Hegedus, an electrical engineering professor at University of Delaware, said he doesn’t understand why a utility would need to require an interconnection agreement for plug-in solar because, unlike rooftop systems, they are designed to prevent energy from flowing to the grid.

Still, if in doubt, a customer should follow their utility’s policy.

During the early days of plug-in solar’s growth, some opposition from utilities is likely since customers are buying less energy, said Robert Cudd, a research analyst at the California Center for Sustainable Communities at the University of California, Los Angeles.

“Utilities really prefer everyone being a predictable and generous consumer of the electricity they sell,” Cudd said.

This year, Utah enacted a novel law supporting plug-in solar by exempting certain small-scale systems from interconnection agreements and establishing safety requirements such as being certified by a nationally recognized testing organization such as Underwriters Laboratories. It appears to be the only state that’s passed legislation supporting plug-in solar, according to the National Conference of State Legislatures.

Republican state Rep. Raymond Ward, who sponsored the legislation, said the smaller systems allow people to better manage where their energy comes from and what they pay.

“Europe has these things. You can go buy them and they work and people want them. There is no reason why we shouldn’t have them here in the United States,” Ward said.

Bright Saver says they are lobbying other states for similar legislation.

Alexis Abramson, dean of the University of Columbia Climate School, also applauded Utah’s move.

“We actually need more localities, more states putting in allowances for this type of equipment,” she said.

Plug-in solar availability and savings potential

Some questions remain about how much customers could save. Severin Borenstein, a professor at the University of California, Berkeley’s Haas School of Business, said the cost of some portable solar systems in the U.S. would make it hard for customers to come out ahead on their utility bills over the time they own them. He estimates the price of a $2,000 system in the U.S. works out to paying about $0.20 a kilowatt-hour over a 25-year period, which only saves people money if they have high utility costs. By comparison, Borenstein said the cost of systems sold in Europe, typically around $600, is equivalent to paying about $0.05 or $0.06 per kilowatt-hour over 25 years.

Baltimore resident Craig Keenan said saving money was only part of why he installed one of the smaller Bright Saver models on his balcony in July.

“I’m interested in renewable energy because the amount of carbon emissions that we produce as a species is very, very unsustainable for our world,” he said.

He said he expects the system will save him about $40 per year on utility bills, so it would take him about 10 years to recoup the cost of the kit.

Keenan, a mechanical engineer, said installation took him 10 to 15 minutes.

“I think anyone can install this,” he said. “It’s not complicated. It doesn’t require a technical degree.”

Other companies selling plug-in solar kits include Texas-based Craftstrom. It has sold about 2,000 systems in the U.S. since 2021, mostly in California, Texas and Florida. The company’s basic kits contain a solar panel that can fit in a backyard or other sunny space, along with equipment to maintain and regulate the flow of energy including an inverter and smart meter.

Kenneth Hutchings, Craftstrom’s chief revenue officer, said their U.S. sales rose this year even before the passage of the GOP tax bill, and he expects demand for plug-in solar to increase further as federal rooftop solar credits expire.

The company advises customers to notify their power company before installation, but it has “never had any pushback from any utility,” said Michael Scherer, one of the founders of Craftstrom.

China-based EcoFlow plans to begin selling plug-in solar systems in Utah and expand to other states if supportive legislation is passed, said Ryan Oliver, a company spokesperson.

“This is an example of where technology is sort of ahead of the regulators,” Oliver said, adding: “As this rolls out to more of a nationwide product, we expect it will become more mainstream as people understand it better.”

___

Associated Press video journalist Mingson Lau in Baltimore contributed to this report.

___

The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

This story was originally featured on Fortune.com

© AP Photo/David J. Phillip

Bhavin Misra, right, and his son, Rumi, 10, assemble a Craftstrom Solar plug-in kit at their home Tuesday, Aug. 5, 2025, in Houston.

Overdue library book returned 82 years late: ‘Grandma won’t be able to pay for it anymore’

15 August 2025 at 17:25

A library book has been returned nearly 82 years after it was borrowed from the San Antonio Public Library. It came with a letter noting that “Grandma won’t be able to pay for it anymore.”

The book is “Your Child, His Family, and Friends” by marriage and family counselor Frances Bruce Strain. It was checked out in July 1943 and returned this past June from a person in Oregon, the library said in a news release.

“After the recent death of my father, I inherited a few boxes of books he left behind,” the person wrote in a letter that was shared by the library on Instagram and signed with the initials P.A.A.G.

The book was a guide for parents on helping their children navigate personal relationships. It was checked out when the person’s father was 11 years old.

“The book must have been borrowed by my Grandmother, Maria del Socorro Aldrete Flores (Cortez),” the person wrote. “In that year, she transferred to Mexico City to work at the US Embassy. She must have taken the book with her, and some 82 years later, it ended up in my possession.”

The book had received write-ups in various newspapers at the time. The Cincinnati Enquirer described it in June 1943 as a “complete guidebook to the personal relationships of the child with his family and the outside world.” The New York Times noted a month later that Strain was a psychologist and mother of two who was “best known for her wise, sensitive, but unsentimental presentation of sex education.”

The person who returned the book wrote in the letter: “I hope there is no late fee for it because Grandma won’t be able to pay for it anymore.”

The library said in a news release that it eliminated overdue fines in 2021. The inside cover of the book was stamped with the warning that the fine for overdue books was three cents a day. Not accounting for inflation, the penalty would amount to nearly $900.

Three cents in July 1943 amounts to 56 cents in today’s money, according to the U.S. Bureau of Labor Statistics’ Inflation Calculator. That would add up to more than $16,000.

The library noted that the book is in “good condition.” It’ll be on display in the city’s central library through August. It will then be donated to the Friends of San Antonio Public Library and sold to benefit the library.

Eight decades may seem like a long time for an overdue library book, but it’s nowhere near the record. Guinness World Records says the most overdue library book was returned to Sidney Sussex College, University of Cambridge, England, in 1956.

It was borrowed in 1668, some 288 years earlier. No fine was extracted.

This story was originally featured on Fortune.com

© Getty Images

An overdue library book was returned.

Warren Buffett’s $1.6 billion bet on UnitedHealth sends the struggling insurer’s stock soaring

15 August 2025 at 15:57

U.S. stocks are hanging around their record levels on Friday as Wall Street heads toward the finish of another winning week.

The S&P 500 edged down by 0.1% from the all-time high it set the day before, but it’s still on track to close its fourth winning week in the last five. The Dow Jones Industrial Average was up 86 points, or 0.2%, as of 10:10 a.m. Eastern time, and flirting with its record set in December. The Nasdaq composite slipped 0.2%, hurt by losses for tech stocks.

The U.S. stock market set records this week as expectations built that the Federal Reserve will deliver a cut to interest rates at its next meeting in September. Lower rates can boost investment prices and the economy by making it cheaper for U.S. households and businesses to borrow to buy houses, cars or equipment, but they also risk worsening inflation.

A disappointing report about inflation at the U.S. wholesale level on Thursday made traders pare back bets for coming cuts to interest rates, but they’re still overwhelmingly expecting them. Such anticipation has sent Treasury yields notably lower in the bond market, and they held there following a mixed set of updates on the economy on Friday.

One said shoppers boosted their spending at U.S. retailers last month, as economists expected, while another said that manufacturing in New York state unexpectedly grew. A third said industrial production across the country shrank last month, when economists were looking for modest growth.

Another report suggested sentiment among U.S. consumers is worsening because of worries about inflation, when economists expected to see a slight improvement.

“Overall, consumers are no longer bracing for the worst-case scenario for the economy feared in April,” when President Trump announced his stunning set of worldwide tariffs, according to Joanne Hsu, director of the University of Michigan’s surveys of consumers. “However, consumers continue to expect both inflation and unemployment to deteriorate in the future.”

On Wall Street, UnitedHealth Group jumped 11.4% after famed investor Warren Buffett’s Berkshire Hathaway said it bought nearly 5 million shares of the insurer during the spring, valued at $1.57 billion. Buffett is known for trying to buy good stocks at affordable prices, and UnitedHealth’s halved for the year by the end of July because of a run of struggles.

Berkshire Hathaway’s own stock added 0.1%.

On the losing end of Wall Street was Applied Materials, which fell 11.7% even though it reported better results for the latest quarter than analysts expected. The focus was on the company’s forecast for a drop in revenue during the current quarter.

Its products help manufacture semiconductors and advanced displays, and CEO Gary Dickerson pointed to a “dynamic macroeconomic and policy environment, which is creating increased uncertainty and lower visibility in the near term, including for our China business.”

Sandisk fell 3.7% despite reporting a profit for the latest quarter that blew past analysts’ expectations. Investors focused instead on the data storage company’s forecast for profit in the current quarter, which came up short of Wall Street’s.

In stock markets abroad, Japan’s Nikkei 225 jumped 1.7% after the government said its economy grew at a better-than-expected pace in the latest quarter.

Stock indexes rose 0.8% in Shanghai but fell 1% in Hong Kong after data showed China’s economy may have slowed in July under pressure from uncertainty surrounding Trump’s tariffs.

“Chinese economic activity slowed across the board in July, with retail sales, fixed asset investment, and value added of industry growth all reaching the lowest levels of the year. After a strong start, several months of cooling momentum suggest that the economy may need further policy support,” ING Economics said in a market commentary.

European stock indexes were mixed ahead of a meeting later in the day between Trump and Russian President Vladimir Putin, which could dictate where the war in Ukraine is heading.

In the bond market, the yield on the 10-year Treasury was holding at 4.29%, where it was late Thursday. The two-year Treasury yield, which more closely tracks expectations for Fed action, eased to 3.72% from 3.74%.

This story was originally featured on Fortune.com

© Daniel Zuchnik—WireImage

Warren Buffett is celebrated after being featured on the Forbes list of 100 Greatest Business Minds during the Forbes Media Centennial Celebration at Pier 60 on September 19, 2017 in New York City.

Gang violence in Haiti is so bad the government is hiring 200 armed men from Blackwater founder Erik Prince to quell the crisis

15 August 2025 at 15:39

The security firm of former U.S. Navy Seal Erik Prince will soon deploy nearly 200 personnel from various countries to Haiti as part of a one-year deal to quell gang violence there, a person with knowledge of the plans said Thursday.

The deployment by Vectus Global is meant to help the government of Haiti recover vast swaths of territory seized in the past year and now controlled by heavily armed gangs, said the person, speaking to The Associated Press on condition of anonymity to discuss the plans.

The company, which provides logistics, infrastructure, security and defense, is run by Prince, a major donor to U.S. President Donald Trump. Prince previously founded the controversial security firm Blackwater.

The deployment was first reported by Reuters.

Vectus Global also will assume a long-term role in advising Haiti’s government on how to restore revenue collection capabilities once the violence subsides, the person said.

In June, Fritz Alphonse Jean, then-leader of Haiti’s transitional presidential council, confirmed that the government was using foreign contractors. He declined to identify the firm or say how much the deal was worth.

Romain Le Cour Grandmaison, head of Haiti Observatory at the Global Initiative Against Transnational Organized Crime, said the operations would violate U.S. law unless the U.S.-based private military company had permission from the U.S. government to work in Haiti.

“In the absence of a coherent, jointly led Haitian and international strategy, the use of private firms is more likely to fragment authority and sovereignty than to advance resolution of the crisis,” he said.

A Trump administration official said the U.S. government has no involvement with the hiring of Vectus Global by the Haitian government. The U.S. government is not funding this contract or exercising any oversight, said the official, who requested anonymity to discuss the situation.

The office of Haiti’s prime minister did not return a message for comment, nor did members of Haiti’s transitional presidential council.

The private contractors, which will come from the United States, Europe and other regions, are expected to advise and support Haiti’s National Police and a U.N.-backed mission led by Kenyan police officers that is struggling to suppress gang violence.

The U.N.-backed mission has 991 personnel, far less than the 2,500 envisioned, and some $112 million in its trust fund — about 14% of the estimated $800 million needed a year, according to a recent U.N. report.

The upcoming deployment of private contractors comes after the recent appointment of André Jonas Vladimir Paraison as the country’s new police director general.

Paraison once served as head of security for Haiti’s National Palace and was involved in a new task forced created earlier this year made up of certain police units and private contractors. The task force has operated outside the oversight of Haiti’s National Police and employed the use of explosive drones, which some human rights activists have criticized.

Diego Da Rin, an analyst with the International Crisis Group, said that while there’s an obvious need for more anti-gang operations, “there is a risk of escalating the conflict without having enough personnel to extinguish the fires that Viv Ansanm can ignite in many places.”

Viv Ansanm is a powerful gang federation created in September 2023 that saw the merging of gangs, including G-9 and G-Pèp — once bitter enemies. The United States designated it as a foreign terrorist organization earlier this year.

The gang federation was responsible for coordinating a series of large-scale attacks early last year that included raids on Haiti’s two biggest prisons that led to the release of some 4,000 inmates. Viv Ansanm also forced the closure of Haiti’s main international airport for nearly three months, with the violence eventually prompting then-Prime Minister Ariel Henry to resign.

Jimmy Chérizier, a leader of Viv Ansanm and best known as Barbecue, recently threatened Paraison.

“Viv Ansanm has a military might that they don’t always show,” said Da Rin, the analyst.

At least 1,520 people were killed and more than 600 injured from April to the end of June across Haiti. More than 60% of the killings and injuries occurred during operations by security forces against gangs, with another 12% blamed on self-defense groups, according to the United Nations Integrated Office in Haiti.

Gang violence also has displaced some 1.3 million people in recent years.

___

Associated Press writer Joshua Boak in Washington contributed to this report.

This story was originally featured on Fortune.com

© Agencia Press South—Getty Images

Blackwater founder Erik Prince walks with police members during an anti-crime operation on April 5, 2025 in Guayaquil, Ecuador.

The mighty American consumer keeps shrugging off tariffs as retail sales rise 0.5% in July

15 August 2025 at 13:36

Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, as they shrug off President Donald Trump’s tariffs, which are starting to take a toll on jobs and lead to some price increases.

Retail sales rose 0.5% last month, a slowdown from a revised 0.9% in June, which was revised upward, according to the Commerce Department’s report released Friday. The pace in July matched economists’ estimates.

The increases followed two consecutive months of spending declines — a 0.1% pullback in April and a 0.9% slowdown in May.

Excluding auto sales, which have been volatile since Trump imposed tariffs on many foreign-made cares, retail sales rose 0.3%.

Auto sales rose 1.6%. They appear to have returned roughly to normalized spending after a surge in March and April as Americans attempted to get ahead of Trump’s 25% duty on imported cars and parts and then a slump after that, according to Samuel Tombs, chief U.S. Economist at Pantheon Macroeconomics.

The data showed solid spending across many retail sectors. Business at clothing stores was up 0.7% while online retailers saw a 0.8% increase. Business at home furnishings and furniture stores rose 1.4%.

However, at electronics stores, sales were down 0.6%. And business at restaurants, the lone services component within the Census Bureau report and a barometer of discretionary spending, fell 0.4%, however as shoppers are focusing on eating at home to save money.

Still spending appears to be holding up even as Trump’s tariff are resulting in a slowdown in hiring and rising prices for shoppers.

Earlier this month, the Labor Department reported that U.S. hiring is slowing sharply as Trump’s trade policies paralyze businesses and raise concerns about the outlook for the world’s largest economy. U.S. employers added just 73,000 jobs last month, the Labor Department reported Aug 9, well short of the 115,000 expected.

Another government report, issued Tuesday, on U.S. inflation showed that inflation was unchanged in July as rising prices for some imported goods were offset by declining gas and grocery prices, leaving overall prices modestly higher than a year ago.

Consumer prices rose 2.7% in July from a year earlier, the same as the previous month and up from a post-pandemic low of 2.3% in April. Excluding the volatile food and energy categories, core prices rose 3.1%, up from 2.9% in June. Both figures are above the Federal Reserve’s 2% target.

On a monthly basis, prices rose 0.2% in July, down from 0.3% the previous month, while core prices ticked up 0.3%, a bit faster than the 0.2% in June.

The new numbers suggest that slowing rent increases and cheaper gas are offsetting some impacts of Trump’s sweeping tariffs.

Many businesses are also likely still absorbing much of the cost of the duties. The consumer price figures likely reflect some impact from the 10% universal tariff Trump imposed in April, as well as higher duties on countries such as China and Canada.

But that may change. U.S. wholesale inflation soared unexpectedly last month, signaling that Trump’s taxes are pushing costs up and that higher prices for consumers may be on the way.

The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers— rose 0.9% last month from June, biggest jump in more than three years. Compared with a year earlier, wholesale prices rose 3.3%. The figures were much higher than economists had expected.

The report comes as major retailers like Walmart and Target are slated to report their fiscal second-quarter earnings reports starting next week. Analysts will stud the reports to see how much retailers are absorbing the costs and how much they’re passing on to shoppers. They’ll also want to get insight into the state of consumer behavior heading into the critical fall and winter holiday seasons.

In May, Walmart, the nation’s largest retailer, warned t hat it had increased prices on bananas imported from Costa Rica from 50 cents per pound to 54 cents, but it noted that a large sting for shoppers wouldn’t start to appear until June and July. The retailer’s chief financial officer, John David Rainey, told The Associated Press that he thought car seats made in China that were selling for $350 at Walmart would likely cost customers another $100.

But a growing list of companies including Procter & Gamble, e.lf. Cosmetics, Black & Decker and Ralph Lauren told investors in recent weeks that they plan to or have already raised prices.

Some, like eyewear retailer Warby Parker, are trying to be selective and are trying to focus on raising prices on just their premium products as a way to offset the higher costs from tariffs.

Warby Parker has been shifting production away from China, where it plans to bring the percentage of all cost of goods sold by year-end under 15%. But it’s also having to deal with higher tariffs costs in other countries.

Warby Parker told analysts last Thursday that it plans to keep its $95 option. But it’s increasing prices on select lens types. It also wants to cater more to older shoppers who need more expensive progressive lens. Warby Parker said that progressives, trifocals and bifocals make up roughly 40% of all prescription units sold industrywide. But just 23% of Warby Parker’s business now is made up of progressives. Company executives said progressives are its highest priced offering and offer the highest profit margins.

“We were able to quickly roll out select strategic price increases that have benefited our growth,” Neil Blumenthal, co-chairman and co-founder and co-CEO of Warby Parker, told analysts last week.

This story was originally featured on Fortune.com

© Getty Images

The mighty American shopper is still spending.

Trump ordered to restore millions in frozen science funding to UCLA

15 August 2025 at 12:50

A federal judge has ordered the Trump administration to restore millions of dollars in National Science Foundation grants it has withheld from the University of California, Los Angeles, saying they were made in violation of her earlier court ruling.

U.S. District Judge Rita F. Lin ruled late Tuesday that the NSF must reinstate the research grants that were suspended for reasons she had already ruled “arbitrary and capricious,” and gave the administration until Aug. 19 to show compliance or explain why it hasn’t restored the money.

It was not immediately clear how much funding could be returned to UCLA. The school’s chancellor said last week that the Trump administration has pulled $584 million in federal grants from various federal agencies. The judge’s ruling applies specifically to NSF grants.

UCLA’s money as been frozen as part of a wider pressure campaign targeting universities that Trump says are out of step with his political agenda.

University of California researchers challenged the cuts as “abrupt and unexplained” and won a preliminary injunction in June from Lin, who ruled that the NSF and other agencies could not terminate grant funding without specifically explaining why.

But on July 30, the NSF sent out a new round of letters that Lin described as “en masse, form letter funding cuts.” One said the awards “no longer effectuate program goals or agency priorities.” Another cited allegations of racism, antisemitism and policies around transgender athletes at UCLA. It did not elaborate.

The administration argued in a Tuesday hearing that the UCLA funding cuts were “suspensions” rather than “terminations.” Lin dismissed this as semantics.

“NSF’s indefinite suspensions differ from a termination in name only,” and the reasons the agency provided are based on “the same type of deficient explanations as the original terminations,” she ruled.

The university issued a brief statement praising the decision, saying that “restoration of National Science Foundation funds is critical to research the University of California performs on behalf of California and the Nation.”

UCLA also faces a Trump administration demand to pay $1 billion to settle antisemitism allegations. UCLA became the first public university to be targeted as the administration seeks to dominate academic institutions around the country.

___

The Associated Press’ education coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

This story was originally featured on Fortune.com

© AP Photo/Damian Dovarganes, File

UCLA.

New Mexico declares state of emergency as ‘surge in criminal activity’ sweeps the state

15 August 2025 at 12:41

The governor of New Mexico declared a state of emergency Wednesday in response to violent crime and drug trafficking across a swath of northern New Mexico, including two Native American pueblo communities.

The emergency declaration by Gov. Michelle Lujan Grisham makes $750,000 available as local governments and tribal officials in Rio Arriba County call for reinforcements against violent crime as well as other crime and hardships associated with illicit drugs.

The vast county stretches from the city of Española, 25 miles (40 kilometers) north of Santa Fe, to the Colorado state line and has long been afflicted by opioid use and high drug-overdose death rates, with homeless encampments emerging in recent years in more populated areas.

“The surge in criminal activity has contributed to increased homelessness, family instability and fatal drug overdoses, placing extraordinary strain on local governments and police departments that have requested immediate state assistance,” said Lujan Grisham, a Democrat, in a statement.

In April, Lujan Grisham declared a state of emergency in New Mexico’s largest city, Albuquerque, saying that a significant increase in crime warranted the help of the New Mexico National Guard. Earlier, in 2023, she suspended the right to carry guns at public parks and playgrounds in Albuquerque in response to a series of shootings around the state that left children dead..

There were no immediate calls for troop deployments in Rio Arriba County, though the new emergency declaration allows for authorities to call up the National Guard. Emergency funds will help local law enforcement agencies spend on overtime, equipment and coordinated police responses, said Lujan Grisham spokesperson Jodi McGinnis Porter.

The tribal governor of Santa Clara Pueblo on the edge of Española urged the state to address a growing public safety crisis stemming from the use and abuse of fentanyl and alcohol in the community at large.

“The pueblo has expended thousands of dollars trying to address this crisis … and to protect pueblo children who are directly and negatively affected by a parent’s or guardian’s addiction,” said Santa Clara Gov. James Naranjo in a July letter to Lujan Grisham. “But we are not an isolated community and the causes and effects of fentanyl/alcohol abuse, increased crime, and increased homelessness extend to the wider community.”

Recent deaths in the region linked by medical investigators to fentanyl and alcohol use include Rio Arriba County Sheriff Billy Merrifield.

In 2020, President Donald Trump sent federal agents, including Homeland Security officers, to Albuquerque as part of an effort to contain violent crime.

Separately on Wednesday, the Albuquerque Police Department announced murder charges against three teenagers — including two juveniles — in the July 2 shooting death of a homeless man in Albuquerque who was chased from a bus stop in the predawn hours. A 15-year-old boy is accused of being the shooter in the killing of 45-year-old Frank Howard, police department spokesperson Gilbert Gallegos said.

This story was originally featured on Fortune.com

© AP Photo/Morgan Lee, file

Democratic New Mexico Gov. Michelle Lujan Grisham.

Los Angeles high school resumes: Thousands of immigrants without legal status return to class under cloud of fear

15 August 2025 at 12:37

Los Angeles students and teachers returned to class for the new academic year on Thursday amid worries that schools could become targets in the Trump administration’s aggressive immigration crackdown after a summer filled with raids.

At 93rd Street Elementary School in southern Los Angeles, volunteers with activist group Union del Barrio patrolled the neighborhood in the early morning for any immigration activity, and staff wearing bright orange vests gave children — some walking alone — a warm welcome as they arrived.

“We want to make sure that … everyone feels like they’re protected and we’re watching and every student can make it inside our school building,” said Ingrid Villeda, a teacher and community coordinator.

As children played in the schoolyard, there were no reports of federal agents in the area.

Los Angeles Unified School District Superintendent Alberto Carvalho has urged immigration authorities not to conduct enforcement activity within a two-block radius of schools, starting an hour before the school day begins and until one hour after classes let out.

“Hungry children, children in fear, cannot learn well,” Carvalho said in a news conference on Monday.

He announced several measures intended to protect students and families, including altering bus routes to accommodate more students. The district will also distribute family preparedness packets that include know-your-rights information, emergency contact updates and tips on designating a backup caregiver in case a parent is detained.

The sprawling district, which covers more than two dozen cities, is the nation’s second largest, with more than 500,000 students. Some 30,000 students are immigrants, and an estimated quarter of them are without legal status, according to the teachers’ union.

Federal immigration enforcement near schools causes concern

Under U.S. law, children have the right to an education regardless of immigration status. Districts across the country have grappled with what to do if federal agents came to school campuses, with some, including LA and Oakland, declaring themselves “sanctuary” districts.

While immigration agents have not detained anyone inside a school, a 15-year-old boy was pulled from a car and handcuffed outside Arleta High School in northern Los Angeles on Monday, Carvalho said.

He had significant disabilities and was released after a bystander intervened in the case of “mistaken identity,” the superintendent said.

“This is the exact type of incident that traumatizes our communities; it cannot repeat itself,” he added.

Administrators at two elementary schools previously denied entry to Department of Homeland Security officials in April, and immigration agents have been seen in vehicles outside schools.

DHS did not immediately respond to an email seeking comment.

Carvalho said that while staffers and district police officers can’t interfere with immigration enforcement and don’t have jurisdiction beyond school property, federal agents parked in front of schools have left in the past after conversations with staff.

The district is partnering with law enforcement in some cities and forming a “rapid response” network to disseminate information about the presence of federal agents, he said.

Educators worry about attendance

Teachers say they are concerned some students might not show up the first day.

Lupe Carrasco Cardona, a high school social studies and English teacher at the Roybal Learning Center, said attendance dipped in January when President Donald Trump took office.

And when raids ramped up in June, graduation ceremonies took a hit. One raid at a Home Depot near MacArthur Park, an area with many immigrant families from Central America, took place the same morning as an 8th grade graduation at a nearby middle school.

“People were crying. For the actual graduation ceremony, there were hardly any parents there,” Cardona said.

Raids in California’s Central Valley in January and February coincided with a 22% spike in student absences compared with the previous two school years, according to a recent study from Stanford University economist Thomas Dee and Big Local News.

One 11th grader, who spoke on the condition that her last name not be published because she is in the country without legal permission and fears being targeted, said she is afraid to return to school.

“Instead of feeling excited, really what I’m feeling is concern,” said Madelyn, a 17-year-old from Central America. “I am very, very scared, and there is a lot of pressure.”

She said she takes public transportation to school but fears being targeted on the bus by immigration agents because of her skin color.

“We are simply young people with dreams who want to study, move forward and contribute to this country as well,” she said.

Madelyn joined a club that provides support and community for immigrant students and said she intends to persevere in that work.

“I plan to continue supporting other students who need it very much, even if I feel scared,” she said.

Some families who decided the in-person risk is too great opted for online learning, said Carvalho, with virtual enrollment up 7% this year.

The district contacted at least 10,000 parents and visited more than 800 families over the summer to provide information about resources such as transportation and legal and financial support, and is deploying 1,000 workers from its central office on the first day of classes to “critical areas” that have seen immigration raids.

“We want no one to stay home as a result of fears,” Carvalho said.

___

Associated Press reporters Dorany Pineda in Los Angeles and Sharon Lurye in Philadelphia contributed.

This story was originally featured on Fortune.com

© AP Photo/Marcio Jose Sanchez

Teacher Martina Murray holds a sign supporting immigrants on the first day of school Thursday, Aug. 14, 2025, in Los Angeles.

Gerry Spence, legendary trial lawyer who fought to ‘free the people of this country from the slavery of its new corporate masters,’ dies at 96

15 August 2025 at 12:22

Gerry Spence, the fringe jacket-wearing trial lawyer from Wyoming known for a string of major court wins starting with a multimillion-dollar judgment against a plutonium processor in the landmark Karen Silkwood case, has died.

Spence, 96, died late Wednesday surrounded by family at his home in Montecito, California, according to a family statement.

“We are proud of his legacy and his contributions to the world, but most importantly, we are proud to be part of the family he built with love. We feel this loss deeply and we will carry him with us always,” read the statement from granddaughter Tara Spence McClatchey.

Spence dedicated his life to fighting for the rights and freedom of ordinary people, colleague Joseph H. Low IV said in a statement.

“No lawyer has done as much to free the people of this country from the slavery of its new corporate masters,” said Low, vice president and chief instructor at the Gerry Spence Method school for trial lawyers.

A polished raconteur with a gravelly voice whose trademark suede fringe jacket advertised his Wyoming roots, Spence was once among the nation’s most recognizable trial attorneys.

He achieved fame in 1979 with a $10.5 million verdict against Oklahoma City-based Kerr-McGee on behalf of the estate of Silkwood, a nuclear worker tainted with plutonium who died in a car wreck a week later. Silkwood’s father accused the company of negligently handling the plutonium that contaminated his daughter.

An appeals court reversed the verdict and the two sides later agreed to an out-of-court settlement of $1.3 million.

The events became the basis for the 1983 movie “Silkwood” starring Meryl Streep.

Spence successfully defended former Philippines first lady Imelda Marcos against federal racketeering and fraud charges in 1990.

And he won acquittal for Randy Weaver, charged with murder and other counts for a 1992 shootout with federal agents at Ruby Ridge, Idaho, that killed an FBI agent as well as Weaver’s wife and 14-year-old son.

Spence led the Spence Law Firm in Jackson, Wyoming, and founded the Trial Lawyers College, now called the Gerry Spence Method. The retreat at Thunderhead Ranch in Dubois, Wyoming, helps attorneys hone their courtroom skills.

He wrote more than a dozen books, including the bestselling “How to Argue and Win Every Time.” He made frequent television appearances on legal matters.

Spence and his wife, Imaging, divided their time between Wyoming and California before selling their place in Jackson Hole about four years ago. An artist and poet, Spence continued painting and writing into his final days, according to the family statement.

Gerald Leonard Spence was born Jan. 8, 1929, to Gerald M. and Esther Spence in Laramie. The family scraped by during the Depression by renting out to boarders. Spence’s mother sewed his clothes, often using the hides of elk hunted by his father.

Years later, Imaging Spence sewed his fringe jackets. Spence drew a connection between the two women in his 1996 autobiography, “The Making of a Country Lawyer.”

“Today when people ask why I wear a fringed leather jacket designed and sewn by my own love, Imaging, it is hard for me to explain that the small boy, now a man of serious years, still needs to wear into battle the protective garment of love,” he wrote.

Pivotal in Spence’s young life were the deaths of his little sister and mother. Peggy Spence died of meningitis when he was 4 and his mother took her own life in 1949.

Spence’s father, a chemist, worked a variety of jobs in several states but the family returned to Wyoming. Spence graduated from Laramie High School and after a stint as a sailor, enrolled in the University of Wyoming.

Spence graduated cum laude from the University of Wyoming law school in 1952 but needed two tries to pass the state bar exam.

He began his law career in private practice in Riverton, Wyoming, and was elected Fremont County prosecutor in 1954. In 1962, he ran for the U.S. House of Representatives, losing in the Republican primary.

Spence returned to private practice but said in his memoir he grew discontented with representing insurance companies and “those invisible creatures called corporations.”

Spence received numerous awards and honors, including an honorary doctor of laws degree from the University of Wyoming and a lifetime achievement award from the Consumer Attorneys of California. He was inducted into the American Trial Lawyers Hall of Fame in 2009.

Spence and his first wife, Anna, had four children.

He is survived by his wife of 57 years, LaNelle “Imaging” Spence; brother, Tom Spence; children Kip Spence, Kerry Spence, Kent Spence, Katy Spence, Brents Hawks and Christopher Hawks; 13 grandchildren; and one great-grandchild. He was preceded in death by sisters Peggy and Barbara.

Funeral arrangements were pending.

This story was originally featured on Fortune.com

© Ron Galella, Ltd./Ron Galella Collection via Getty Images

Gerry Spence in 1995.

Pam Bondi fires 37-year-old DOJ employee who threw a sub sandwich at a border patrol worker

A man charged with a felony for hurling a sandwich at a federal law-enforcement official in the nation’s capital has been fired from his job at the Justice Department, Attorney General Pam Bondi said in a social media post Thursday.

A video of Sean Charles Dunn berating a group of federal agents late Sunday went viral online. Dunn was arrested on an assault charge after he threw a “sub-style” sandwich at a Customs and Border Protection agent, a court filing said.

Dunn, 37, of Washington, was an international affairs specialist in the Justice Department’s criminal division, according to a department official who spoke on the condition of anonymity to discuss a personnel matter.

“This is an example of the Deep State we have been up against for seven months as we work to refocus DOJ,” Bondi wrote. “You will NOT work in this administration while disrespecting our government and law enforcement.”

Sabrina Shroff, an attorney who represented Dunn at his initial appearance in federal court, declined to comment on the allegations against her client after Thursday’s hearing.

A multiagency flood of uniformed federal law enforcement officers had fanned out across the city over the weekend after the White House had announced stepped-up measures to combat crime. That was before President Donald Trump’s announcement Monday that he was taking over Washington’s police department and activating 800 members of the National Guard.

The Justice Department still employs a former FBI agent who was charged with joining a mob’s attack on the U.S. Capitol and cheering on rioters during the Jan. 6, 2021, siege, repeatedly yelling “Kill ‘em!” as they attacked police. The former FBI supervisory agent, Jared Lane Wise, is serving as a counselor to Justice Department pardon attorney Ed Martin Jr., who was a leading figure in Trump’s campaign to overturn the 2020 election.

Around 11 p.m. on Sunday, Dunn approached a group of CBP agents, pointed a finger in an agent’s face and swore at him, calling him a “fascist,” a police affidavit says. An observer’s video captured Dunn throwing a sandwich at the agent’s chest, the affidavit says.

“Why are you here? I don’t want you in my city!” Dunn shouted, according to police.

Dunn tried to run away but was apprehended, police said.

The incident coincided with Trump’s push to flood the city with National Guard troops and federal officers. Trump claims crime in the city has reached emergency levels, but city leaders point to statistics showing violent crime at a 30-year low.

This story was originally featured on Fortune.com

© AP Photo/Mark Schiefelbein

Attorney General Pam Bondi.

‘They won’t get me off the air’: Disgraced, bankrupt Alex Jones vows to fight on as receiver appointed to sell assets for $1 billion court judgment

15 August 2025 at 12:16

A state judge in Texas has appointed a receiver to take over and sell conspiracy theorist Alex Jones’ Infowars assets to help pay the more than $1 billion he owes in legal judgments to the families of victims of the Sandy Hook Elementary School shooting.

The order by Judge Maya Guerra Gamble in Austin on Wednesday has the potential to shut Jones out of his studio in the coming days. It also appeared to restart an effort by The Onion satirical publication to buy Infowars and its assets and turn the platform into a parody site. “We’re working on it,” Ben Collins, chief executive of The Onion, said in a social media post Wednesday.

On his daily show Thursday, Jones called the Texas court order improper and vowed to keep broadcasting if he is locked out. He added he has another studio already set up in the event of such a scenario.

“People want to hear this show,” said Jones, who is based in Austin. “I will continue on with the network. They can harass me forever. … And they won’t get me off the air.”

Jones said he expected Infowars to be sold to someone or some entity that will keep it on the air.

The Sandy Hook families won nearly $1.5 billion in judgments in 2022 against Jones and Infowars’ parent company, Free Speech Systems, in lawsuits filed in Connecticut and Texas accusing him of defamation and inflicting emotional distress. They sued over Jones’ repeated comments that the 2012 school shooting in Connecticut that killed 20 first graders and six educators was a hoax. Victims’ relatives testified in court about being terrorized by Jones’ supporters.

Jones and his company both filed for bankruptcy in 2022. A federal Bankruptcy Court judge in Houston ordered Free Speech Systems’ assets, including Infowars’ production equipment and its intellectual property, to be sold at auction to help pay the Sandy Hook legal judgments.

The sale process was derailed when the bankruptcy judge, Christopher Lopez, rejected the outcome of a November auction in which The Onion was named the winning bidder over only one other proposal by a company affiliated with Jones. The auction was by sealed bids only and no live bidding was held.

Lopez had several concerns about the auction, including a lack of transparency and murky details about the actual value of The Onion’s bid and whether it was better than the other offer. Jones called the auction “rigged.” The judge rejected holding another auction and said the families could pursue the liquidation of Jones’ assets in the state courts where the defamation judgments were awarded.

The Texas judge’s order on Wednesday gave Free Speech Systems five days from when the order is formally served on the company to turn over its assets. Proceeds from any sales would go to the Sandy Hook families.

The judge also authorized the receiver to change the locks at all locations containing Free Speech Systems assets. She also authorized law enforcement officers to assist the receiver in his duties and prevent anyone from interfering with the receiver in taking possession of the assets.

It was not clear Thursday when the order would be served on the company, or when the receiver planned to take over the assets and sell them. The receiver, Gregory Milligan in Austin, did not return an email seeking information about the liquidation plans.

Jones’ lawyer, Ben Broocks, also did not return an email seeking comment Thursday.

Jones said on air Thursday that the state court order was not valid because Free Speech Systems’ assets are still under the control of the trustee in his bankruptcy case in federal court. He said there was a state court hearing set for Sept. 16. He said Infowars could be closed next week, or it may be able to keep operating pending the hearing. He said he wasn’t exactly sure what would be happening next.

Last November after The Onion was named the winning bidder, a bankruptcy court trustee shut down Infowars’ Austin studio and its websites for about 24 hours, but then allowed them to resume the next day as disputes over the auction continued in court. During the shutdown, Jones moved to a nearby studio and continued broadcasting.

Jones, who said in 2022 that he believed the Sandy Hook shootings were “100% real,” continues to appeal the Connecticut and Texas state court judgments against him, citing free speech rights and improper actions by judges in the two states.

This story was originally featured on Fortune.com

© AP Photo/David J. Phillip, File

Right-wing conspiracy theorist Alex Jones.

From United Airlines to Olive Garden, brands turn orange, tying themselves to Taylor Swift’s economic superpowers

15 August 2025 at 12:10

Taylor Swift’s upcoming album release and her love of all things orange isn’t lost on her fans – or brands that are seeking a ride on what has become an enormous economic tailwind.

On Wednesday after Swift went on the “New Heights” podcast co-hosted by her boyfriend and NFL football star Travis Kelce to announce the imminent release of her 12th studio album “The Life of a Showgirl,” major companies went into marketing overdrive.

The reason? Swift’s ability to generate buzz and draw dollars.

Swift’s tour appearances have become economic events. The singer’s Eras Tour two years ago was the first such tour to cross the billion-dollar mark, according to Pollstar’s 2023 year-end charts. Cities and their surrounding areas registered a sizeable economic boost after Swift appeared, with thousands of fans making the pilgrimage and spending money at hotels, restaurants and elsewhere.

Companies are no longer waiting to capitalize on Swift’s gravitational pull and orange-themed memes from big brands began rolling out almost immediately.

That is because Swift appeared onstage wearing orange numerous times towards the end of her Eras Tour and she discussed her feelings about the color on the Wednesday podcast.

Numerous corporations, from United Airlines to Olive Garden, began posting orange hued memes on their own social media accounts soon after the new album was announced. Shake Shack, FedEx, Buffalo Wild Wings, Cinnabon, Walmart and Netflix did, too.

More than a dozen NHL teams followed with posts on social media acknowledging Swift’s new album, both north and south of the border.

Even X got in on the action, declaring that it had a new profile pic: a glittery orange X. The post has garnered 5.5 million views so far.

Google is using its search engine to celebrate the October release of Swift’s “The Life of a Showgirl.” Users who search for “Taylor Swift,” are greeted with a stream of orange digital confetti, along with a flaming orange heart and the phrase, “And, baby, that’s show business for you.”

Many, it seemed, saw value in tying their brand to Swift.

Swift mentioned during the Wednesday podcast that she had Lasik eye surgery. The X account for LASIK.com wasted no time promoting the fortuitous namedrop.

“i got LASIK, i have incredible vision,” they posted, accompanied by a video of Swift giving a shout out to the procedure on the “New Heights” podcast. “TAYLOR SWIFT EVERYONE (red heart emoji). WE’VE PEEKED!!!!!!!!”

The post currently has more than 389,000 views and 15,000 likes.

This story was originally featured on Fortune.com

© AP Photo/Lewis Joly, File

Taylor Swift loves the color orange.

56-year-old retired autoworker gets Facebook message about wallet he lost 11 years earlier: ‘it was in the engine bay of a car’

15 August 2025 at 12:02

A retired Michigan autoworker looked at a Facebook message after midnight from a stranger: Did you lose your wallet years ago?

“If so,” a Minnesota man wrote, “it was in the engine bay of a car.”

Richard Guilford couldn’t believe what he was reading on his phone — a decade-old mystery was remarkably solved.

Guilford’s tri-fold leather wallet — stuffed with $15, a driver’s license, work ID, gift cards worth $275 and lottery tickets — had turned up under the hood of a car in a repair shop in Lake Crystal, Minnesota.

A Christmas gift from Guilford’s sons was suddenly a family treasure again. “Big Red,” as he was affectionately known at Ford Motor, was in awe.

“It restores your faith in humanity that people will say, ‘Hey, you lost this, I found this, I’m going to get it back to you,'” Guilford said Thursday.

The wallet was discovered in June by mechanic Chad Volk, sandwiched between the transmission and the air filter box of a 2015 Ford Edge with 151,000 miles on it.

“Crazy,” Volk said.

The filter box wouldn’t snap in place after a repair, he said, “so I messed around a little bit and then pulled it back out and the wallet was sitting on a little ledge where it needed to snap down. I pulled the wallet out and that’s what it was.”

Turn back the calendar to 2014, around Christmas. Guilford was working on the same car at a Ford factory in Wayne, Michigan. It was in a long line of new vehicles assembled elsewhere that needed extra electrical work before being shipped to dealers.

Guilford realized later that his wallet had fallen out of his shirt pocket. He was certain he had lost it in a car, but figured it was on the floor of a Ford Flex, not an Edge, and certainly not in the engine.

Guilford said he searched 30 to 40 cars, and his co-workers looked at dozens more, “just opening the doors up, looking under the seats, looking behind it.”

“I can’t take too much time to look for this because I gotta work. I’m on the clock,” he recalled feeling. “No luck. Life went on.”

Guilford, now 56 and living in Petersburg, Michigan, retired from Ford in 2024 after nearly 35 years. He had put the wallet out of his mind long ago, until getting the message on Facebook, where his profile said he had worked at Ford.

Volk messaged a photo of the wallet and included the driver’s license. “Big Red” saw a younger version of himself with his red-tinged beard.

“The amazing part to me was it was so protected,” Guilford said of the wallet as he also traced the car’s history. “Think about this: 11 years, rain, snow. It was in Minnesota, for crying out loud. It was in Arizona when it was bought. Think about how hot a transmission gets in Arizona driving down the road. That’s incredible.”

Ford spokesperson Said Deep called it a “repair that’s right on the money,” adding: “Can you imagine the odds?”

Cabela’s, an outdoor retailer, said the $250 in gift cards remain valid, but it has offered to give him new cards anyway. Guilford doesn’t know the status of a $25 card from Outback Steakhouse. The numbers on the lottery tickets in the wallet faded long ago.

“I’m going to put everything back in it and leave it just like it is, and it’s gonna sit at the house in the china cabinet and that’s for my kids,” said Guilford, a part-time auctioneer. “They can tell my great-grandkids about it. We’re big into stories. I like tellin’ stories. That’s just who I am.”

___

Vancleave reported from Lake Crystal, Minnesota.

This story was originally featured on Fortune.com

© AP Photo/Ryan Sun

Richard Guilford poses for a portrait with an ID card from his recently recovered wallet that he lost 11 years ago Thursday, Aug. 14, 2025, in Petersburg, Mich.

Trump’s promise of a Ukrainian ‘reassurance force’ praised by European leaders

15 August 2025 at 12:01

European leaders have praised President Donald Trump for agreeing to allow U.S. military support for a force they are mustering to police any future peace in Ukraine — a move that vastly improves the chances of success for an operation that could prove essential for the country’s security.

The leaders said Trump offered American military backup for the European “reassurance force” during a call they held with him ahead of his planned summit with Russian President Vladimir Putin on Friday. They did not say what the assistance might involve, and Trump himself has not publicly confirmed any support.

The effectiveness of the operation, drawn up by the coalition of about 30 countries supporting Ukraine, hinges on the deterrent effect of U.S. airpower or other military equipment that European armed forces do not have, or have only in short supply.

No U.S. troops would be involved, but the threat of American airpower, if needed, behind the European force would likely help to dissuade Russian troops from testing Europe’s resolve.

Senior Russian officials have repeatedly rejected the idea of European peacekeepers in Ukraine, even though a traditional U.N.-style peacekeeping force is not being planned.

EU leaders have regularly underlined how the United States is “crucial” to the success of the security operation dubbed Multinational Force Ukraine. But the Trump administration has long refused to commit, perhaps keeping its participation on hold as leverage in talks with Russia.

After a meeting Wednesday between Trump and European leaders, European Council President Antonio Costa welcomed “the readiness of the United States to share with Europe the efforts to reinforce security conditions once we obtain a durable and just peace for Ukraine.”

French President Emmanuel Macron said Trump insisted that NATO cannot be part of such security guarantees, but he said the U.S. leader agreed that “the United States and all the (other) parties involved should take part.”

“It’s a very important clarification,” Macron said.

No details of possible U.S. support were made public. U.S. Vice President JD Vance sat in on the coalition meeting for the first time.

Multinational Force Ukraine

More than 200 military planners have worked for months on ways to ensure a future peace should the war, now in its fourth year, finally end. Ukraine’s armed forces also have been involved, and British personnel have led reconnaissance work inside Ukraine.

The exact size of the force has not been made public, although Britain has said it could number 10,000 to 30,000 troops. It must be enough to deter Russian forces, but also of a realistic size for nations that shrank their militaries after the Cold War and are now rearming.

The mission “will be to strengthen Ukraine’s defenses on the land, at sea and in the air because the Ukrainian Armed Forces are the best deterrent against future Russian aggression,” U.K. Defense Secretary John Healey told lawmakers last month. Western trainers will work with Ukrainian troops.

“It will secure Ukraine’s skies by using aircraft,” Healey said, “and it will support safer seas by bolstering the Black Sea Task Force with additional specialist teams.”

Bulgaria, Romania and Turkey launched that naval force a year ago to deal with mines in Black Sea waters.

The force initially will have its headquarters in Paris before moving to London next year. A coordination headquarters in Kyiv will be involved once hostilities cease and it deploys.

Russian Foreign Minister Sergey Lavrov recently said peacekeepers in Ukraine would be just as “unacceptable” for Moscow as Ukraine’s membership in NATO.

“The appearance of troops, armed forces from the same NATO countries, but under a foreign flag, under the flag of the European Union or national flags, does not change anything in this regard. This is, of course, unacceptable to us,” Lavrov said.

The impact of US participation

European efforts to set up the force have been seen as a first test of the continent’s willingness to defend itself and its interests, given Trump administration warnings that Europe must take care of its own security and that of Ukraine in future.

Still, U.S. forces clearly provide a deterrent that the Europeans cannot muster.

Details of what the U.S. might contribute were unknown, and Trump has changed his mind in the past, so it remains to be seen whether this signal will be enough to persuade more countries in the coalition to provide troops.

Greece has publicly rejected doing so. Prime Minister Kyriakos Mitsotakis said last month that those discussions were “somewhat divisive” and distracted from the goal of ending the war as soon as possible.

Italian Prime Minister Giorgia Meloni has said Rome will not contribute troops, but she previously has underlined the importance of working with the U.S. on ending the conflict and called for the participation of an American delegation in force coordination meetings.

NATO membership would be Ukraine’s best security guarantee, but the Trump administration took that possibility off the table in February. Putin is deeply opposed to Ukraine joining the world’s biggest military alliance, and some allies fear it might drag NATO into a broader war with nuclear-armed Russia.

___

Associated Press writers Emma Burrows in London and Katie Marie Davies in Manchester, England, contributed to this report.

This story was originally featured on Fortune.com

© Omer Messinger/Getty Images

Ukrainian President Volodymyr Zelensky.
Received yesterday — 14 August 2025

Harvard, Trump close to $500 million payment to settle federal funding freeze, source says

14 August 2025 at 19:45

Harvard University and the Trump administration are getting close to an agreement that would require the Ivy League university to pay $500 million to regain access to federal funding and to end investigations, according to a person familiar with the matter.

The framework is still being sorted out with significant gaps to close, but both sides have agreed on the financial figure and a settlement could be finalized in coming weeks, according to the person who spoke to The Associated Press on the condition of anonymity to discuss internal deliberations.

Harvard declined to comment.

The agreement would end a monthslong battle that has tested the boundaries of the government’s authority over America’s universities. What began as an investigation into campus antisemitism escalated into an all-out feud as the Trump administration slashed more than $2.6 billion in research funding, ended federal contracts and attempted to block Harvard from hosting international students.

The university responded with a pair of lawsuits alleging illegal retaliation by the administration after Harvard rejected a set of demands that campus leaders viewed as a threat to academic freedom.

Details of the proposed framework were first reported by The New York Times.

$500 million payment would be the largest sum yet as the administration pushes for financial penalties in its settlements with elite universities. Columbia University agreed to pay the government $200 million as part of an agreement restoring access to federal funding, while Brown University separately agreed to pay $50 million to Rhode Island workforce development organizations.

Details have not been finalized on where Harvard’s potential payment would go, the person said.

The Republican president has been pushing to reform prestigious universities that he decries as bastions of liberal ideology.

His administration has cut funding to several Ivy League schools while pressing demands in line with his political campaign. None has been targeted as frequently or as heavily as Harvard, the richest U.S. university with an endowment valued at $53 billion.

More than a dozen Democrats in Congress who attended Harvard cautioned against a settlement on Aug. 1, warning the university it may warrant “rigorous Congressional oversight and inquiry.” Capitulating to political demands, they said, would set a dangerous precedent across all of higher education.

___

The Associated Press’ education coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

This story was originally featured on Fortune.com

© AP Photo/Steven Senne, File

Harvard University.

Your dog is part of the climate change problem: ‘I can adopt 100 bunnies that will not be close to the emissions of a dog, because my dog is a carnivore’

14 August 2025 at 19:42

It turns out many Americans aren’t great at identifying which personal decisions contribute most to climate change.

study recently published by the National Academy of Sciences found that when asked to rank actions, such as swapping a car that uses gasoline for an electric one, carpooling or reducing food waste, participants weren’t very accurate when assessing how much those actions contributed to climate change, which is caused mostly by the release of greenhouse gases that happen when fuels like gasoline, oil and coal are burned.

“People over-assign impact to actually pretty low-impact actions such as recycling, and underestimate the actual carbon impact of behaviors much more carbon intensive, like flying or eating meat,” said Madalina Vlasceanu, report co-author and professor of environmental social sciences at Stanford University.

The top three individual actions that help the climate, including avoiding plane flights, choosing not to get a dog and using renewable electricity, were also the three that participants underestimated the most. Meanwhile, the lowest-impact actions were changing to more efficient appliances and swapping out light bulbs, recycling, and using less energy on washing clothes. Those were three of the top four overestimated actions in the report.

There are many reasons people get it wrong

Vlasceanu said marketing focuses more on recycling and using energy-efficient light bulbs than on why flights or dog adoption are relatively bad for the climate, so participants were more likely to give those actions more weight.

How the human brain is wired also plays a role.

“You can see the bottle being recycled. That’s visible. Whereas carbon emissions, that’s invisible to the human eye. So that’s why we don’t associate emissions with flying,” said Jiaying Zhao, who teaches psychology and sustainability at the University of British Columbia.

Zhao added it’s easier to bring actions to mind that we do more often. “Recycling is an almost daily action, whereas flying is less frequent. It’s less discussed,” she said. “As a result, people give a higher psychological weight to recycling.”

Of course, there is also a lot of misleading information. For example, some companies tout the recycling they do while not telling the public about pollution that comes from their overall operations.

“There has been a lot of deliberate confusion out there to support policies that are really out of date,” said Brenda Ekwurzel, a climate scientist with the Union of Concerned Scientists, a nonprofit.

Why dogs have a big climate impact

Dogs are big meat eaters, and meat is a significant contributor to climate change. That is because many of the farm animals, which will become food, release methane, a greenhouse gas that contributes to climate change. Beef is especially impactful, in part because around the world cattle are often raised on land that was illegally deforested. Since trees absorb carbon dioxide, the most abundant greenhouse gas, cutting them to then raise cattle is a double whammy.

“People just don’t associate pets with carbon emissions. That link is not clear in people’s minds,” Zhao said.

Not all pets are the same, however. Zhao owns a dog and three rabbits.

“I can adopt 100 bunnies that will not be close to the emissions of a dog, because my dog is a carnivore,” she said.

The owner of a meat-eating pet can lower their impact by looking for food made from sources other than beef. Zhao, for example, tries to minimize her dog’s carbon footprint by feeding her less carbon-intensive protein sources, including seafood and turkey.

Pollution from air travel

Planes emit a lot of carbon dioxide and nitrogen oxides, also greenhouse gases. Additionally, planes emit contrails, or vapor trails that prevent planet-warming gases from escaping into space. A round-trip economy-class flight on a 737 from New York to Los Angeles produces more than 1,300 pounds of emissions per passenger, according to the International Civil Aviation Organization, a United Nations agency.

Skipping that single flight saves about as much carbon as swearing off eating all types of meat a year, or living without a car for more than three months, according to U.N. estimates.

Other decisions, both impactful and minor

Switching to energy that comes from renewable sources, such as solar and wind, has a large positive impact because such sources don’t emit greenhouse gases. Some of the biggest climate decisions individuals can make include how they heat and cool their homes and the types of transportation they use. Switching to renewable energy minimizes the impact of both.

Recycling is effective at reducing waste headed for landfill, but its climate impact is relatively small because transporting, processing and repurposing recyclables typically relies on fossil fuels. Plus, less than 10% of plastics actually get recycled, according to the Environmental Protection Agency.

Other decisions with overestimated impact, including washing clothes in cold water and switching to more efficient light bulbs, are relatively less important. That is because those appliances have a relatively small impact compared to other things, such as plane flights and dogs, so improving on them, while beneficial, has a much more limited influence.

Experts say the best way to combat the human tendency to miscalculate climate-related decisions is with more readily available information. Zhao said that people are already more accurate in their estimations than they would have been 10 or 20 years ago because it’s easier to learn.

The study backs up that hypothesis. After participants finished ranking actions, the researchers corrected their mistakes, and they changed which actions they said they’d take to help the planet.

“People do learn from these interventions,” Vlasceanu said. “After learning, they are more willing to commit to actually more impactful actions.”

___

The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

This story was originally featured on Fortune.com

© Getty Images

Are dogs part of the climate change equation?

Brinks truck heist at midday outside Philadelphia H Mart sees two armed men run off with up to $800,000

14 August 2025 at 19:26

Police are investigating whether the armed robbery of a Brinks truck on Tuesday outside a Philadelphia-area store is related to four other attacks on armored vehicles in and around the city this summer.

Two armed males got away with between $700,000 and $800,000 in the midday Tuesday heist at an H Mart in Elkins Park, according to Cheltenham Township police. The robbers — one described as armed with an AR-15-style pistol, the other with a handgun — fled with the cash and later abandoned their vehicle nearby, police said. No shots were fired, and no one was injured.

Cheltenham Township Police Lt. Andrew Snyder said it’s the first such robbery in their township, but authorities are looking into whether it may be connected to four robberies of armored cars in and around Philadelphia since June that police and the FBI are investigating as possibly related.

Federal prosecutors announced Wednesday that three people from Philadelphia who were arrested in early August are charged in connection with the $2 million armed robbery of a Brink’s armored vehicle outside a Home Depot on June 21.

A Loomis armored transport vehicle was held up outside an Aldi in a different neighborhood five days later. Then on July 2, a Brinks truck was held up outside a Dollar General at a shopping center. And on July 15, police had a report of two suspects robbing one of the armored vehicles in northeast Philadelphia.

FBI agent Wayne Jacobs told CBS News Philadelphia that law enforcement recovered most of the money stolen in the June 21 heist, as well as a number of long weapons and handguns. Some of the money had been spent on jewelry, clothes and other items, he said.

“If this is the type of activity you’re going to engage in, if you look at the timeline, six weeks from the time of the incident until the time of the arrest,” Jacobs said, “it’s just a matter of time before you’re held accountable for your actions.”

This story was originally featured on Fortune.com

© Cheltenham Township Police Department via AP

This photo taken from video shows a suspect pointing a gun after police say two armed men committed a robbery outside a store on Tuesday, Aug. 12, 2025, in Elkins Park, Pa.

Oops: New York realizes it measured incorrectly when putting weed shops next to schools and 100 dispensaries are in limbo

14 August 2025 at 18:56

Since New York began licensing recreational marijuana stores about three years ago, the state has been using a simple tactic to ensure pot shops are kept a legally-mandated distance from local schools: Measure from the door of the dispensary to the door of the school.

But officials recently made a startling admission: They’d misread the law and had been measuring incorrectly the whole time. Now, about 100 cannabis shops are in limbo, crossing their fingers for a legislative fix while wondering whether they’ll have to relocate.

The news was like dropping “a grenade in the laps” of business owners, said Osbert Orduña, who owns a New York City dispensary called The Cannabis Place that is now deemed to be too close to a nearby preschool.

“The way that they executed this was a complete and utter failure in leadership,” he said.

The admission is just the latest bungle from New York’s beleaguered legal marijuana program, which has been hamstrung by legal challenges, a slow rollout and gaps in the law that allowed an illicit market to flourish.

Business owners found out about the issue from the Office of Cannabis Management last month, which admitted it should have been measuring from the edge of a school’s property line, rather than its entrance, to ensure weed stores were kept at least 500 feet (152 meters) away.

“To give you this news, and for the weight of it, I am incredibly sorry,” said Felicia A.B. Reid, acting executive director of the cannabis agency, said in notices to the businesses.

The error impacts a sizable share of the state’s roughly 450 cannabis dispensaries.

About 60 of those were licensed using the erroneous measurement system, mostly in New York City, plus around another 40 that have licenses but are yet to open their doors.

On top of that, there are almost 50 other businesses that have applied for licenses under the incorrect measurement system and are awaiting final approval from the agency. The state has set aside a pot of money where applicants can get up to $250,000 to help relocate.

The existing shops have been told they can remain open for now, and even continue to operate with their expired licenses as long as the businesses file an application for a renewal.

Regulators say they are urging state lawmakers to create a permanent fix that will allow the shops to stay put. But they have also noted that is not guaranteed. The state Legislature isn’t scheduled to sit again until January.

Meanwhile, business owners say they’re being forced to operate in a gray area.

Jillian Dragutsky, who opened a dispensary called Yerba Buena in Brooklyn a few months ago, worries the issue still jeopardizes a dispensary’s ability to bank, get insurance and purchase inventory since they are supposed to have valid licenses in place.

“How do you grow your business not knowing where you’re going to be a few months from now?” Dragutsky said.

In a statement, the cannabis office said businesses can obtain “proof of a valid license or a letter of good standing to operate” by contacting the agency.

An internal review of the cannabis office released last year detailed numerous problems at the agency, including inexperienced management and shifting licensure rules, while state leaders promised an administrative overhaul.

Gov. Kathy Hochul, who has previously said the program has been a “disaster,” called the school proximity problem “a major screw up” and vowed to find a legislative fix.

“These people have worked hard. They’ve waited a long time. They put their life savings into something that they thought was going to help them support their families,” she said. “So what I’m been doing is first of all reassuring them that you’re going to be OK. Secondly, we need to get the law changed to have a fix.”

This story was originally featured on Fortune.com

© AP Photo/Seth Wenig

Cannabis dispensaries are too close to schools.

Social Security’s ‘go-broke date’ keep creeping up—it’s lost a full year since the last accounting

14 August 2025 at 19:03

When President Franklin D. Roosevelt signed the Social Security Act into law 90 years ago this week, he said it would provide economic stability to older people while giving the U.S. “an economic structure of vastly greater soundness.”

Today, the program provides benefits to almost 69 million Americans each month. It’s a major source of income for people older than 65 and is popular across the country and political lines.

It also looks more threatened than ever.

Just as it has for decades, Social Security faces a looming shortfall in money to pay full benefits. Since President Donald Trump took office in January, the program has faced more tumult. Agency staffing has been slashed. Unions and advocacy groups concerned about sharing sensitive information have sued. Administration officials, including the president, have falsely claimed that millions of dead people were receiving Social Security benefits. Former top adviser Elon Musk said the program was a potential “Ponzi scheme.”

At an Oval Office event Thursday commemorating the program’s anniversary, Trump said that under his watch “we’re strengthening it.” But the president and Republicans who control Congress have not proposed a long-term solution to shore up the program.

Social Security remains far from the sound economic system that Roosevelt envisioned, due to changes made — and not made — under both Democratic and Republican presidents.

Here’s a look at past and current challenges to Social Security, the proposed solutions and what it could take to shore up the program.

The go-broke date has been moved up

The so-called go-broke date — or the date at which Social Security will no longer have enough funds to pay full benefits — has been moved up to 2034, instead of last year’s estimate of 2035. After that point, Social Security would only be able to pay 81% of benefits, according to an annual report released in June. The earlier date came as new legislation affecting Social Security benefits have contributed to earlier projected depletion dates, the report concluded.

The Social Security Fairness Act, signed into law by Democratic President Joe Biden and enacted in January, had an impact. It repealed the Windfall Elimination and Government Pension Offset provisions, increasing Social Security benefit levels for former public workers.

The new tax law signed by Trump in July will accelerate the insolvency of Social Security, said Brendan Duke at the Center on Budget and Policy Priorities.

“They haven’t laid out an idea to fix it yet,” he said. Trump on Thursday repeated the claim that his new tax and spending law will eliminate taxes on federal Social Security benefits.

That law has a temporary tax deduction for people 65 and over that applies to all income, not just Social Security. But not all Social Security beneficiaries can claim it; among those who cannot are low-income older adults who do not pay taxes on Social Security.

AARP CEO Myechia Minter-Jordan said the number of beneficiaries is set to increase to 82 million people by the time Social Security turns 100.

“As we look ahead to the next 90 years of Social Security, it’s critical that it remains strong for generations to come,” she said in a statement.

The privatization conversation has been revived

The notion of privatizing Social Security surfaced most recently when Treasury Secretary Scott Bessent this month said new tax-deferred investment accounts dubbed “ Trump accounts ” may serve as a “ backdoor to privatization,” though Treasury has walked back those comments.

The public has been widely against the idea of privatizing Social Security since Republican President George W. Bush embarked on a campaign to pitch privatization of the program in 2005, through voluntary personal retirement accounts. The plan was not well-received by the public.

Glenn Hubbard, a Columbia University professor and top economist in Bush’s White House, told The Associated Press that Social Security needs to be reduced in size in order to maintain benefits for generations to come. He supports limiting benefits for wealthy retirees.

“We will have to make a choice,” Hubbard said. “If you want Social Security benefits to look like they are today, we’re going to have to raise everyone’s taxes a lot. And if that’s what people want, that’s a menu, and you pay the high price and you move on.”

Another option would be to increase minimum benefits and slow down benefit growth for everyone else, which Hubbard said would right the ship without requiring big tax increases, if it’s done over time.

“It’s really a political choice,” he said, adding “Neither one of those is pain free.”

Nancy Altman, president of Social Security Works, an advocacy group for the preservation of Social Security benefits, is more worried that the administration of benefits could be privatized under Trump, rather than a move toward privatized accounts. The agency cut more than 7,000 from its workforce this year as part of the Department of Government Efficiency’s effort to reduce the size of the government.

A Social Security Administration representative didn’t respond to a request for comment.

Concerns persist

An Associated Press-NORC Center for Public Affairs Research poll conducted in April found that an increasing share of older Americans — particularly Democrats — support the program but aren’t confident the benefit will be available to them when they retire.

“So much of what we hear is that its running out of money,” said Becky Boober, 70, from Rockport, Maine, who recently retired after decades in public service. She relies on Social Security to keep her finances afloat, is grateful for the program and thinks it should be expanded.

“In my mind there are several easy fixes that are not a political stretch,” she said. They include raising the income tax cap on high-income earners and possibly raising the retirement age, which is currently 67 for people born after 1960, though she is less inclined to support that change.

Some call for shrinking the program

Rachel Greszler is a senior research fellow at the Heritage Foundation, the group behind the Project 2025 blueprint for Trump’s second term. It called for an increase in the retirement age.

Greszler says Social Security no longer serves its intended purpose of being a social safety net for low-income older adults and is far too large. She supports pursuing privatization, which includes allowing retirees to put their Social Security taxes into a personal investment account.

She also argues for shrinking the program to a point where every retiree would receive the same Social Security benefit so long as they worked the same number of years, which she argues would increase benefits for the bottom one-third of earners. How this would impact middle-class earners is unclear.

This story was originally featured on Fortune.com

© AP Photo/Alex Brandon

President Donald Trump.
❌