AFP USA

Trump says designating Antifa ‘a major terrorist organization’

US President Donald Trump said he would designate “Antifa” — a shorthand term for “anti-fascist” used to describe diffuse far-left groups — as “a major terrorist organization,” a move he threatened in his first term.For years Trump has blamed Antifa for various wrongs, from violence against police to being behind the US Capitol riot on January 6, 2021 that aimed to block Joe Biden’s presidential election win.”I will also be strongly recommending that those funding ANTIFA be thoroughly investigated in accordance with the highest legal standards and practices,” Trump wrote Wednesday on Truth Social, calling Antifa “A SICK, DANGEROUS, RADICAL LEFT DISASTER.”Antifa has no head or national organization and seemed to be made up of “independent, radical, like-minded groups and individuals,” a Congressional Research Service analysis found in 2020.The White House did not immediately offer details on how the label could be applied.While federal law enforcement includes combating domestic terrorism under its purview, the United States does not have a list of designated “domestic terrorist organizations.”Trump threatened the move on Monday after senior White House official Stephen Miller vowed the administration would dismantle an alleged “vast domestic terror movement” that he linked to the killing of right-wing activist Charlie Kirk.- Ideology, not a movement -Critics of the Republican president warn such a move could be used as a pretext to quash dissent and target political rivals.While Kirk was a vocal conservative, the United States has seen violence targeting members of both political parties in recent years, amid a sharp rise in polarization and easy access to firearms.Antifa — whose name has roots in socialist groups in 1930s Germany that opposed Hitler — has a track record of confronting right-wing groups and engaging in civil disobedience.Its members, often dressed entirely in black, protest against racism, far-right values and what they consider fascism, and say violent tactics are sometimes justified as self-defense. During Trump’s first inauguration in January 2017 scores of black-clad, mask-wearing Antifa and other protestors smashed windows and burned a car in Washington.Antifa was also involved in counter-protests to racist demonstrations in Charlottesville, Virginia later that year. In June 2020, Trump said he would formally designate Antifa as “terrorists” on the same level as al-Qaeda and Islamic State.But FBI director Chris Wray responded in a Congressional hearing that Antifa was “a movement or an ideology” as opposed to a group.Antifa is not among the 95 “designated foreign terrorist organizations” listed on the State Department website on Wednesday.

US vaccine panel to hold high-stakes policy meeting

A US panel stacked with figures sympathetic to the anti-vaccine movement will on Thursday take on federal immunization recommendations in a highly politicized meeting that could upend longstanding medical advice.President Donald Trump’s top health official, Robert F. Kennedy Jr., handpicked the voting members of the medical advisory group that is expected to consider whether to alter the standard childhood vaccine schedule — a move public health experts warn could have dire consequences.The specific questions that will come to a vote during the two-day meeting in Atlanta aren’t public, but it’s expected discussion will include delaying childhood shots including against the highly contagious disease Hepatitis B.The Covid-19 vaccine is also on the agenda, as well as the combination MMRV shot that covers measles, mumps, rubella, and varicella shot, which is offered as an alternative to separate MMR and chicken pox injections.They’re expected to discuss the small increase in risk of febrile seizures that could result from the combined MMRV jab.Earlier this year anti-vaccine advocate Kennedy fired all 17 members of the influential Advisory Committee on Immunization Practices and replaced them with members whose vaccine skepticism tracks more closely with his own.Their first meeting promoted anti-vax themes and raised questions about long-settled medical debates.The revised committee and its agenda has many members of the medical, scientific and policy communities concerned that ideology rather than science will guide the future of public health in the United States.”Vaccines have added decades of life to our life expectancy. They have helped Americans live healthier lives. There’s so much here that’s riding,” said epidemiologist Syra Madad.She told AFP shifting the childhood vaccine schedule “is like pulling bricks out of the foundation of public health.””It risks collapse, and creates real consequences for every community in America.”Experts including Madad say the votes could prompt unnecessary confusion and concern among parents. Revised recommendations could also restrict federal funding of vaccines for low-income families, or shift requirements for private insurers.- Preying on ‘ignorance’ -Kennedy has spent decades promoting vaccine misinformation, including the widely debunked claim that the MMR shot causes autism.He has also taken aim at the Hepatitis B shot. Since 2005 ACIP has recommended administering the first dose to most newborns within 24 hours of birth, to prevent any maternal transmission of the disease, which can cause severe liver damage.But because Hepatitis B is also spread sexually and through needles, Kennedy and his allies have questioned why newborns need protection from it.Amesh Adalja, an infectious disease specialist at Johns Hopkins University, said that notion is “a play on people’s ignorance.””RFK doesn’t get rewarded when he prevents perinatal Hepatitis B, he gets rewarded when he panders to the anti-vax movement,” Adalja told AFP.The committee is also expected to consider this season’s Covid-19 shot, including who should get it and who should pay for it.The meeting comes one day after the ex-chief of the US disease prevention agency told senators she was fired for refusing to promise Kennedy she would approve ACIP recommendations to childhood vaccine schedules not backed by scientific evidence.Her ouster triggered a series of high-profile resignations from the Centers for Disease Control and Prevention.Meanwhile some states are taking matters into their own hands.Four Western states governed by Democrats on Wednesday delivered their own detailed guidance on seasonal shots, recommending most people get a Covid-19 and flu shot.That missive mirrors the advice of national medical institutions.Those efforts are “a great way to make sure that the access is still there,” said Madad, but “I am worried about the patchwork that it’s causing across the United States.””I’m just concerned and frustrated at the state of affairs that we’re in right now.”

US adversaries stoke Kirk conspiracy theories, researchers warn

Russian, Chinese, and Iranian state media are exploiting conservative activist Charlie Kirk’s assassination to advance thousands of false claims aimed at undermining the United States and other adversaries, a research group warned Wednesday.Official media in the three countries mentioned Kirk — a close ally of President Donald Trump — 6,200 times since the activist was shot dead last week during a speaking event on a Utah university campus, the disinformation watchdog NewsGuard reported citing data gathered using a social media analytics tool.The assessment comes after the United States eliminated a key government agency that tracked foreign disinformation in April, framing the move as an effort to preserve “free speech,” even as leading experts monitoring propaganda raised the alarm about the risk of disinformation campaigns from US adversaries.NewsGuard’s report echoed recent warnings from Utah Governor Spencer Cox, who cautioned last week that US adversaries were spreading disinformation surrounding Kirk’s killing to inflame political tensions.”What we are seeing is our adversaries want violence,” Cox said.”We have bots from Russia, China, all over the world, that are trying to instill disinformation and encourage violence.”- Capitalizing on crisis -Much of the disinformation originated from Russian state media, which falsely claimed Ukrainian involvement and attempted to link the killing to Kirk’s opposition to American military aid to Kyiv, NewsGuard said.There was no evidence linking Ukraine to the assassination. US authorities have said that a 22-year-old US citizen from Utah named Tyler Robinson allegedly used a rifle to shoot Kirk from a rooftop. He was arrested and has been formally charged with murder.Iranian state media baselessly accused Israel — Tehran’s arch enemy — of orchestrating the killing in retaliation for Kirk’s opposition to a US military strike on Iran, NewsGuard’s report said.They framed the killing as an operation by Israel’s Mossad intelligence agency, an unfounded claim that researchers say reflects Tehran’s longstanding pattern of blaming its adversary for major crises.Meanwhile, Chinese outlets spread disinformation about Robinson, baselessly claiming that he donated money to the Trump’s campaign in 2020.”Pro-China commentators used Kirk’s assassination to mock the US and spread false information about the suspect, portraying America as deeply divided,” NewsGuard said.Foreign influence campaigns have frequently used US political crises, elections, or natural disasters to stoke tensions, disinformation experts say.Some researchers warn that the United States may be ill-prepared to confront the rising threat of foreign disinformation.In April, Secretary of State Marco Rubio shut down the State Department’s Counter Foreign Information Manipulation and Interference (R/FIMI) hub — an agency formerly known as the Global Engagement Center (GEC) — which was responsible for tracking and countering disinformation from foreign actors.Last week, the Financial Times reported that European countries had received a notice from the State Department that it was terminating memoranda of understanding signed last year under Joe Biden’s administration, which had aimed to establish a unified approach to countering disinformation by foreign governments.”The United States has ceased all frameworks to counter foreign state information manipulation and any associated instruments implemented by the former administration,” the State Department said Wednesday, without elaborating.

Jimmy Kimmel show yanked after government pressure on Kirk comments

Jimmy Kimmel’s late-night show was pulled from the air Wednesday hours after the US government threatened to cancel broadcasting licenses because of comments the host made about the killing of conservative influencer Charlie Kirk.The stunning move by network ABC to remove one of America’s most influential late-night shows was blasted by critics as government censorship, but celebrated by Donald Trump, who has long chaffed at the comedians who mock him.”Great News for America,” he wrote on his Truth Social page.”Congratulations to ABC for finally having the courage to do what had to be done.”Trump, who also rejoiced in July at the cancellation of Kimmel’s fellow late-night satirist Stephen Colbert, then urged that two other comedians be removed.”That leaves Jimmy (Fallon) and Seth (Meyers), two total losers, on Fake News NBC. Their ratings are also horrible. Do it NBC!!!”In Hollywood, where Kimmel’s show is recorded, audience members were turned away at the door before taping began Wednesday.Tommy Williams, a longshoreman from Florida, told AFP the move felt un-American.”Any show that’s on TV that speaks out against Donald Trump, he’s trying to shut down,” the 51-year-old said.”We’re losing our freedom of speech. This is something that happens in Russia and North Korea and China, state-run TVs stuff.”- FCC threat -The furor comes a week after Kirk, a close Trump ally, was shot dead on a Utah university campus, setting off a bitter battle over responsibility in deeply polarized America, with conservatives — including Trump — blaming “the radical left.”Authorities this week said 22-year-old Tyler Robinson was the lone gunman, and brought a murder charge against him.On Monday, Kimmel spoke about the shooting in his show-opening monologue.”The MAGA gang (is) desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them and (doing) everything they can to score political points from it,” said Kimmel, referring to the president’s “Make America Great Again” movement.He then showed footage of Trump pivoting from a question about how he had been affected by Kirk’s death to boasting about the new ballroom he is building at the White House, prompting laughter from the studio audience.”This is not how an adult grieves the murder of somebody called a friend. This is how a four-year-old mourns a goldfish,” said Kimmel.On Wednesday, Federal Communications Commission (FCC) Chairman Brendan Carr openly threatened the license of ABC affiliates who broadcast Kimmel’s show.”I think it’s past time these (affiliates) themselves push back… and say, ‘Listen, we’re not going to run Kimmel anymore until you straighten this out because we’re running the possibility of license revocation from the FCC,'” he told right-wing podcaster Benny Johnson.”We can do this the easy way or the hard way. These companies can find ways to change conduct and take action, frankly, on Kimmel or there’s going to be additional work for the FCC ahead.”Hours later, Nexstar, one of the country’s biggest owners of ABC affiliate stations, announced it would be removing the show from its stations.Nexstar is in the middle of a multi-billion dollar merger with a rival that will require FCC approval.ABC — which is owned by Disney — then followed suit, pulling the show nationwide.Kimmel did not immediately comment, and representatives for the entertainer did not respond to AFP queries.- ‘They are censoring you’ -The White House has fired several broadsides against cultural institutions it views as hostile to Trump’s brand of right-wing nationalism.Law firms, universities and the media have all been targeted, including with lawsuits that legal experts say are meritless, but which nevertheless have resulted in huge payments.ABC and Paramount-owned CBS have both coughed up.The settlements — which are to be paid to Trump’s future presidential library — were seen as being motivated by the desire of the news organizations’ parent companies to stay in Trump’s good graces.Democrats were quick to connect the dots on Wednesday.”President Trump and FCC Chair Carr made it clear: fall in line or be silenced,” US Senator Ben Ray Lujan posted on X. “Buying and controlling media platforms. Firing commentators. Canceling shows. These aren’t coincidences. It’s coordinated. And it’s dangerous,” wrote California Governor Gavin Newsom.”They are censoring you in real time.”

Meta expands AI glasses line in a bet on the future

Meta showed off new smart glasses on Wednesday as it continued to bank on a lifestyle shift toward blending reality and virtual space despite the efforts inflicting heavy financial losses.Announcements included the debut of Meta Ray-Ban Display smart glasses that have built-in screens that allow wearers to see messages, photos and more as though looking at a smartphone screen.Billed as Meta’s most advanced AI glasses, Ray-Ban Display comes with sensor-packed bracelets called neural bands that let people control the eyewear with subtle finger movements, and are priced at $799.”Our goal is to build great-looking glasses that deliver personal superintelligence and a feeling of presence using realistic holograms,” Meta chief executive Mark Zuckerberg said as he showed off new AI glasses at the tech firm’s annual developers conference.”These ideas combined are what we call the metaverse.”Zuckerberg has predicted that AI-infused smart glasses will be the “next major computing platform,” eventually replacing the smartphone.The tech titan began investing heavily in virtual reality and the metaverse about four years ago, with Zuckerberg changing the company’s name from Facebook to Meta in late 2021 to reflect the strategy change.But Reality Labs —  Meta’s virtual and augmented reality unit — has consistently posted big losses.The unit lost $4.5 billion in the second quarter of this year on revenue of just $370 million, highlighting ongoing challenges in the metaverse business.”There’s no realistic chance that smart glasses sales make this division profitable in the short term,” CCS Insight principal analyst Leo Gebbie said of Reality Labs while at the Meta event.”Instead, this is about playing the long-term game to break free from smartphones, where Meta has been throttled by rivals Apple and Google, and to control its own destiny in wearables.”Smart glasses have seemed on the horizon for more than a decade, when Google’s Glass headset and camera released in 2013 — although it has since been discontinued.Meta has encountered more success with its frames developed alongside Ray-Ban, offering features including a built-in camera, music playback and voice interactions with the company’s AI.- Replace smartphones? -The global smart glasses market was estimated at nearly $2 billion last year and is projected to reach $8.26 billion annually by the end of the decade, according to analytics firm Grand View Research.”The next computing platform continues to come into focus,” Meta said.”AI glasses connect us to real-world superpowers as we move throughout the day, tapping into a wealth of information while staying present in the moment.”Zuckerberg unveiled new Ray-Ban Meta and Oakley Meta Vanguard smart glasses.The smart glasses build on a partnership established in 2019 between between Meta and EssilorLuxottica, the parent company of Ray-Ban and Oakley.Ray-Ban Meta glasses have become the top selling AI glasses in the world, with millions of units sold since launch, according to Meta.Features include built-in cameras for hands-free photos or video, along with being able to call on a digital assistant and real-time language translation.New Ray-Ban smart glasses start at $379.Oakley Meta Vanguard are part of a category of “Performance AI glasses” tailored for use during athletic endeavors, and are priced at $499.”We designed Oakley Meta Vanguard for high-intensity sports with an action-ready camera, integrations with fitness apps, immersive audio to elevate your workouts, and more,” Meta said.

Judge weighs court’s powers in Trump climate case

A federal judge overseeing a closely watched climate case on Wednesday pressed the lawyer representing young Americans suing President Donald Trump on whether courts have constitutional authority to rein in his fossil-fuel agenda.On the second and last day of hearings in Missoula, Montana, attorneys delivered final arguments in Lighthiser v. Trump, part of a growing global wave of lawsuits seeking to force climate action amid political inertia or hostility.The 22 plaintiffs, represented by the nonprofit Our Children’s Trust, want a preliminary injunction against three executive orders they say trample their inalieanable rights by seeking to “unleash” fossil fuel development while sidelining renewable energy. They also accuse the administration of eroding federal climate science, leaving the public less informed about mounting dangers.The government counters that the lawsuit is undemocratic and echoes Juliana v. United States, a similar youth-led case that wound through the courts for nearly a decade before the Supreme Court declined to hear an appeal last year — and should be similarly dismissed.”This case asks whether the United States Constitution guards against executive abuses of power by executive orders that deprive children and youth of their fundamental rights to life and liberties,” said Julia Olson, director of Our Children’s Trust and the lead lawyer.”And now that the court has had the opportunity to hear from some of the youth plaintiffs and their expert witnesses, the answer to that question is clear, and it’s yes,” she said.But Judge Dana Christensen, who has issued favorable environmental rulings in the past, pressed Olson on whether precedent tied his hands, and asked if granting relief would require him to oversee every subsequent climate action taken by the executive branch.”What exactly does that look like?” he asked. “I’d be required to continue to monitor the actions of this administration to determine whether or not they are acting in a manner that contravenes my injunction.”- Decision awaited -Olson argued the case fundamentally differs from Juliana, which sought to upend decades of federal energy policy, while Lighthiser targets only three orders. She urged the court to take inspiration from Brown v. Board of Education, the 1954 ruling that dismantled racial segregation in schools.Government attorney Michael Sawyer questioned whether the plaintiffs’ own choices undermined their claims of injury, pointing to the flights college student Avery McRae takes from her home state Oregon to Florida.”If she’s injured by every additional ton of emissions, why are those emissions allowed to proceed,” Sawyer said, “but the emissions that put dinner on the table of a coal miner’s family not allowed?”The fate of the case — whether it moves toward trial following a preliminary injunction or is tossed out entirely — may not be clear for weeks or longer.Michael Gerrard, an environmental law professor at Columbia Law School, told AFP the plaintiffs had made “a strong factual case about the causes and dangers of climate change.”But he added: “It would be plowing new ground for a court to say that there is a substantive due process right under the US Constitution to a stable climate system.”- ‘Shouldn’t have to miss school’ -Throughout the hearings, plaintiffs presented experts and firsthand accounts of intensifying heat and ever more destructive climate disasters. The government called no witnesses of its own.Lori Byron, a pediatrician and co-author of government reports, testified children are “uniquely and disproportionately” harmed by climate change because of their developing bodies and dependence on adults.Energy economist Geoffrey Heal of Columbia University rejected the administration’s claim that the country faces an “energy emergency,” the legal justification for Trump’s orders. “The evidence of that is when you go to a light switch and flick it the light comes on,” he said.And 17-year-old Isaiah H. of Missoula, an aspiring cross-country runner, described how worsening fires and shrinking snowpack are reducing his ability to ski, run, and spend time outside.Isaiah recalled how he and his brother once evacuated their house “because the smoke was too bad.””I shouldn’t be having to step in like this, and shouldn’t have to miss school and make up tests and assignments just to advocate for my health and safety.”

‘I don’t cry anymore’: In US jail, Russian dissidents fear deportation

Natalia fled Russia fearing imminent arrest for her family’s opposition activism and sought political asylum in the United States. But instead of refuge, she found herself locked in jail for over a year, separated from her husband and children and dreading deportation.With the Trump administration stepping up removals as part of its sweeping anti-immigration crackdown, rights activists warn that deporting Russian dissidents puts them at risk of prison and persecution back home.”I supported the opposition, I supported opposition activists who were against (Russian President Vladimir) Putin’s regime,” Natalia told AFP in a phone interview from an immigration detention center in the southern state of Louisiana. “If I return to Russia, I will be arrested.”Clad in an orange prison uniform, Natalia shares a dormitory with about 60 other women sleeping in bunk beds. Showers and toilets are in the same room, behind curtains that don’t offer privacy or respite from the foul smell.Tens of thousands of Russians have applied for political asylum in the United States, many by crossing the border from Mexico, since Russia’s invasion of Ukraine in 2022 and Moscow’s ensuing suppression of dissent.About 85 percent of Russian asylum claims adjudicated last year were approved, according to official data, but detainees, lawyers and rights groups say denials have increased in recent months, while detainees are subjected to arbitrary detention and not given a fair chance to defend themselves in court.Nearly 900 Russians, many of them asylum seekers, have been deported back home since 2022, official data shows.They include some 100 who were sent back under convoy over the summer on two specially chartered flights, precluding them from seeking refuge in a third country, according to the Russian America for Democracy in Russia (RADR) group and the Russian Antiwar Committee.The deportees faced lengthy interrogations on arrival and at least two of them were arrested, including a serviceman who deserted following the Ukraine invasion and an opposition activist, the groups said.”It’s a catastrophe,” said Dmitry Valuev, RADR’s president. “It cannot be done. They are deporting people who face real danger in Russia.”- ‘Deep sense of disappointment’ – Long-time political activists, Natalia and her husband campaigned for the late opposition leader Alexei Navalny, whose organization has since been outlawed and declared “extremist” in Russia, while his supporters were persecuted.After police searched their apartment outside Moscow in 2023, Natalia’s husband and their pre-teen son flew to Mexico and crossed the US border. In the United States, they surrendered themselves to immigration authorities and were released on parole to await their political asylum hearing in a midwestern state.Natalia followed them a year later, but ended up detained.She has spent nearly 1.5 years in jail, one of an estimated 1,000 Russian citizens held in immigration jails across the country, according to RADR.Lawyers say married couples are often sent to prison in different states, often depriving one of the spouses of a strong asylum case.In April, a judge denied Natalia’s request for political asylum, despite the family’s prior arrests for anti-government protests and a history of involvement with a banned opposition group. She has filed an appeal. “I have a deep sense of disappointment, I thought there is some kind of justice and reason here,” Natalia said. “I could never believe that I would be treated in court the same way as in Russia.”- ‘Completely inhumane’ – Another Russian asylum seeker held with Natalia has also lost her case and is awaiting removal. Her husband Yuri was deported on a commercial flight over the summer, after a year in detention, but was able to get off the plane in Morocco and buy a plane ticket to a third country.He worries, however, that his wife will not have that chance, as was the case with the two mass deportation flights.”It’s completely inhumane not to give people an opportunity to get off the flight,” Yuri told AFP from a South Asian country where he is currently staying. “Fine, you want to kick them out of America, but to do this?”US officials declined to comment on recent deportations of Russian citizens.At the Louisiana detention center, the days are long and grim.Natalia says security guards can throw away their meager belongings or forbid them to use a towel to keep warm during a walk outside. Some say they are going hungry and are not receiving proper medical care.”I don’t cry anymore, I know I need to live to see the appeal,” Natalia said. “My biggest sorrow is not being able to take part in my children’s lives. I know they need me.”

Man convicted of triple murder executed in Florida

A Florida man was executed by lethal injection in the southern US state on Wednesday for the murders of his wife’s sister and her parents.David Pittman, 63, became the 12th person executed in Florida this year and the 31st in the United States.The execution was carried out at 6:12 pm (2212 GMT) at the Florida State Prison, authorities said.Pittman was sentenced to death in 1991 for the 1990 murders of Bonnie Knowles, 21, the sister of his estranged wife, and her parents, Clarence Knowles, 60, and Barbara Knowles, 50.They were stabbed to death and their home was then set on fire.Pittman’s lawyers sought a stay of execution, claiming he is intellectually disabled with an IQ of 70, but the appeals were denied.The 31 executions in the United States this year is the most since 2014 when 35 inmates were put to death.Florida has carried out the most executions, followed by South Carolina and Texas with four each.Twenty-six of this year’s executions have been carried out by lethal injection, two by firing squad and three by nitrogen hypoxia, which involves pumping nitrogen gas into a face mask, causing the prisoner to suffocate.The use of nitrogen gas as a method of capital punishment has been denounced by United Nations experts as cruel and inhumane.The death penalty has been abolished in 23 of the 50 US states, while three others — California, Oregon and Pennsylvania — have moratoriums in place.President Donald Trump is a proponent of capital punishment, and on his first day in office called for an expansion of its use “for the vilest crimes.”

US stocks finish mixed as Fed cuts rates for first time in 2025

US stocks finished mixed Wednesday while the dollar moved higher as markets digested the Federal Reserve cutting interest rates for the first time in 2025 and signaling it could enact two more cuts this year.The moves largely corresponded to market expectations and follow recent economic reports showing weaker job growth that Fed Chair Jerome Powell said justified a greater focus on the central bank’s labor market mandate compared with inflation.Equities initially strengthened on the decision, but trading was choppy thereafter as markets digested Powell’s press conference while trying to parse whether his message was more dovish or hawkish than expected.The dollar initially retreated but later strengthened, with gains against the euro and other currencies compared with Tuesday.The bounce in the dollar “could reflect the market’s view that the Fed didn’t sound quite as dovish as markets had hoped,” said James Stanley, senior strategist at Forex.com.”That said, it would be difficult to call a rate meeting when the bank cut rates and warned that rate cuts were expected at the final two meetings of this year as anything but dovish.”Fed policymakers walk a tightrope balancing inflation and labor market risks as they mull changes to interest rates.On Wednesday, the Fed said that “downside risks to employment have risen,” even as inflation has picked up and “remains somewhat elevated.”It noted that job gains have slowed while the unemployment rate — despite being low — also inched up.Based on the projections released Wednesday, policymakers appeared to be close to evenly split between those who expect at least two interest rate cuts later this year and those who anticipate one or fewer.Powell himself reiterated that additional interest rate actions would depend on upcoming economic data.A note from EY-Parthenon economist Gregory Daco said the Fed may proceed “more gradually” and make fewer than two additional cuts in 2025.”An October cut remains possible but would likely require a negative” September jobs report, said Daco, who currently anticipates a second 25-basis-point interest rate cut in December.In Europe, London and Frankfurt stocks ended the day higher while Paris dipped.In Britain, data showing UK inflation held at 3.8 percent in August reinforced expectations that the Bank of England will maintain its key rate on Thursday and for the remainder of 2025.The Bank of Canada cut its key lending rate as expected on Wednesday. Asian stocks traded mixed, after Tuesday’s tepid showing on Wall Street. – Key figures at around 2100 GMT -New York – Dow: UP 0.6 percent at 46,018.32 (close)New York – S&P 500: DOWN 0.1 percent at 6,600.35 (close)New York – Nasdaq: DOWN 0.3 percent at 22,261.33 (close)London – FTSE 100: UP 0.1 percent at 9,208.37 (close)Paris – CAC 40: DOWN 0.4 percent at 7,786.98 (close)Frankfurt – DAX: UP 0.1 percent at 23,359.18 (close)Tokyo – Nikkei 225: DOWN 0.3 percent at 44,790.38 (close)Shanghai – Composite: UP 0.4 percent at 3,876.34 (close)Hong Kong – Hang Seng Index: UP 1.8 percent at 26,908.39 (close)Euro/dollar: DOWN at $1.1811 from $1.1867 on TuesdayPound/dollar: DOWN at $1.3626 from $1.3647Dollar/yen: UP at 147.00 yen from 146.48 yenEuro/pound: DOWN at 86.70 pence from 86.95 penceWest Texas Intermediate: DOWN 0.7 percent at $64.05 per barrelBrent North Sea Crude: DOWN 0.8 percent at $67.95 per barrelburs-jmb/mlm

New York officials sink Times Square casino bid

A well-financed campaign to build a casino in the heart of New York’s theater district collapsed Wednesday as a government-appointed panel voted down the proposal.Opposition to the project was led by community groups who said a casino would lure unsavory people and theater interests who argued it would cut into Broadway’s business.The Caesars Palace Times Square project, a venture whose sponsors include rap musician and entrepreneur Jay-Z’s company Roc Nation and the real estate firm SL Green, failed to clear a key hurdle at the Community Advisory Committee. The CAC, which is composed of representatives of state and local officials, voted down the proposed $5.4 billion project by 4-2.  City Council Member Erik Bottcher said he voted no after “countless” conversations with constituents.”This is not a decision I took lightly,” Bottcher, who had been considered a swing vote on the proposal, said in an Instagram post.”All economic development opportunities deserve strong consideration. I believe casinos must clear a particularly high bar, requiring a uniquely strong degree of community buy-in before being sited in a neighborhood,” he added.”Despite extensive outreach by the applicants, that level of support has not materialized.”Bottcher’s statement also pertained to his nay vote on a second proposed Manhattan casino, which also failed in a 4-2 vote, by a CAC with some overlapping membership to the Times Square site.The proposal, called the Avenir and based near the Javits Convention Center, was for a $7 billion mixed-use casino that included a 1,000-room luxury hotel, a public art complex and more than a dozen restaurants. Wednesday’s vote narrows the field of candidates vying for up to three state gaming licenses to six from eight. CACs for the remaining six sites will vote by September 30 in a process that is expected to be completed by the end of 2025. Those chosen will pay at least $500 million for a license, plus tax payments that will help fortify New York’s fiscal profile at a time when President Donald Trump has pushed through social program cuts that will hit the state budget.- Heated debate -Supporters of the Times Square project included construction unions, neighboring restaurants and business groups that viewed the casino project as a source of additional customers.Other Caesars supporters included the Reverend Al Sharpton, whose organization was poised to oversee a new $15 million civil rights museum financed by the casino coalition if the Times Square proposal had been built.The venture promised $250 million in community investments, including Broadway ticket vouchers for casino customers, funding for tuition and health programs and millions in public safety and public bathrooms. The Caesars coalition expressed disappointment at the demise of a project they viewed as enhancing to the community.”We are proud of the work we’ve done over the past five years and grateful to the hundreds of organizations, businesses, Broadway artists, labor unions, and residents who supported this effort,” Caesars Palace Times Square said. “While we disagree with the outcome of this process, we remain committed to advocating for positive change in the city we love. We’ve built strong relationships with a community that is eager for progress, and we hope that those who opposed this project—both in the public and private sectors—will now bring the same energy and resources to solving the very real challenges facing Times Square.”Casino opponents had described the proposal as a beyond-the-pale solution that preys on seniors and other vulnerable populations, hitting out at Caesars’ largesse as cover for a bad idea. Some warned of a rise in crime, prostitution and child trafficking in the once-seedy neighborhood, which was home to porn theaters and adult businesses before they were banned in the 1990s.Broadway League President Jason Laks praised CAC members “who looked at the facts, listened to the residents, and stood up for this neighborhood and the theater community.” “This was a vote to protect the magic of Broadway for the one hundred thousand New Yorkers who depend on it for their livelihoods, and for the tens of millions who come from around the world to experience it,” Laks said in a statement. “A casino can go anywhere, but Broadway only lives here.”