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Trump defends the US economy with charts after job reports showed warning signs

Trump defends the US economy with charts after job reports showed warning signs
Steve Moore points to a board showing Census Monthly Basic CPS to support his claims that the US economy was solid under President Donald Trump. (Reuters)
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Updated 28 sec ago

Trump defends the US economy with charts after job reports showed warning signs

Trump defends the US economy with charts after job reports showed warning signs
  • While the stock market has been solid, job growth has turned sluggish and inflationary pressures have risen in the wake of Trump imposing a vast set of new tariffs, which are taxes on imports.

WASHINGTON: President Donald Trump unexpectedly summoned reporters to the Oval Office on Thursday to present them with charts that he says show the US economy is solid following a jobs report last week that raised red flags and led to the Republican firing the head of the Bureau of Labor Statistics.
Joining Trump to talk about the economy was Stephen Moore, a senior visiting fellow in economics at the Heritage Foundation, a conservative think tank, and the co-author of the 2018 book “Trumponomics.”
Flipping through a series of charts on an easel, Moore sought to elevate Trump’s performance as president and diminish the economic track record of former President Joe Biden. Trump stood next to Moore and interjected with approvals.
The moment in the Oval Office spoke to the president’s hopes to reset the narrative of the US economy. While the stock market has been solid, job growth has turned sluggish and inflationary pressures have risen in the wake of Trump imposing a vast set of new tariffs, which are taxes on imports.
Moore said he phoned Trump because he put together some data that shows he was correct to dismiss Erika McEntarfer as the head of the BLS. He noted that’s because reports from the BLS had overestimated the number of jobs created during the last two years of Biden’s term by 1.5 million.
“I think they did it purposely,” said Trump, who has yet to offer statistical evidence backing his theory. Revisions are a standard component of jobs reports and tend to be larger during periods of economic disruption.




President Donald Trump, right, holds charts as he speaks about the economy with Stephen Moore, of the Heritage Foundation, at the White House on Aug. 7, 2025, in Washington. (AP)

The economy has seldom conformed to the whims of any president, often presenting pictures that are far more mixed and nuanced than what can easily be sold to voters. Through the first seven months of this year, employers have added 597,000 jobs, down roughly 44 percent from the gains during the same period in 2024.
The July jobs report showed that just 73,000 jobs were added last month, while the May and June totals were revised downward by 258,000.
While Biden did face downward revisions on his job numbers, the economy added 2 million jobs in 2024 and 2.6 million in 2023.
The fundamental challenge in Biden’s economy was the jolt of inflation as the annual rate of the consumer price index hit a four-decade high in June 2022. That level of inflation left many households feeling as though groceries, gasoline, housing and other essentials were unaffordable, a sentiment that helped to return Trump to the White House in the 2024 election.
There are signs of inflation heating back up under Trump because of his tariffs. On Thursday, Goldman Sachs estimated that the upcoming inflation report for July will show that consumer prices rose 3 percent over the past 12 months, which would be up from a 2.3 percent reading in April.
Trump promised that he could galvanize a boom. And when nonpartisan data has indicated something closer to a muddle, he found an advocate in Moore, whom he nominated to serve as a Federal Reserve governor during his first term. Moore withdrew his name after facing pushback in the Senate.
Moore said that through the first five months of Trump’s second term in office that “the average median household income adjusted for inflation and for the average family in America, is already up $1,174.” Moore said his numbers are based on unpublished Census Bureau data, which can make them difficult to independently verify.
“That’s an incredible number,” Trump said. “If I would have said this, nobody would have believed it.”


Lawsuit accuses Apple of stealing trade secrets to create Apple Pay

Lawsuit accuses Apple of stealing trade secrets to create Apple Pay
Updated 8 sec ago

Lawsuit accuses Apple of stealing trade secrets to create Apple Pay

Lawsuit accuses Apple of stealing trade secrets to create Apple Pay
  • Lawsuit filed by Fintiv says Apple Pay’s key features were based on technology developed by CorFire, which Fintiv bought in 2014
  • It said Apple stole the technology by luring away CorFire employees, abandoning licensing talks with the Texas-based Fintiv company

Apple has been sued by a Texas company that accused the iPhone maker of stealing its technology to create its lucrative mobile wallet Apple Pay.
In a complaint made public on Thursday, Fintiv said Apple Pay’s key features were based on technology developed by CorFire, which Fintiv bought in 2014, and now used in hundreds of millions of iPhones, iPads, Apple Watches and MacBooks.
Apple did not immediately respond to requests for comment.
Fintiv, based in Austin, Texas, said Apple held multiple meetings in 2011 and 2012 and entered nondisclosure agreements with CorFire aimed at licensing its mobile wallet technology, to capitalize on fast-growing demand for contactless payments.
Instead, and with the help of CorFire employees it lured away, Apple used the technology and trade secrets to launch Apple Pay in the United States and dozens of other countries, beginning in 2014, the complaint said.
Fintiv also said Apple has led an informal racketeering enterprise by using Apple Pay to generate fees for credit card issuers such as Bank of America, Capital One, Citigroup, JPMorgan Chase and Wells Fargo, and the payment networks American Express, Mastercard and Visa.
“This is a case of corporate theft and racketeering of monumental proportions,” enabling Cupertino, California-based Apple to generate billions of dollars of revenue without paying Fintiv “a single penny,” the complaint said.
In a statement, Fintiv’s lawyer Marc Kasowitz called Apple’s conduct “one of the most egregious examples of corporate malfeasance” he has seen in 45 years of law practice.
The lawsuit in Atlanta federal court seeks compensatory and punitive damages for violations of federal and Georgia trade secrets and anti-racketeering laws, including RICO.
Apple is the only defendant. CorFire was based in Alpharetta, Georgia, an Atlanta suburb.
On August 4, a federal judge in Austin dismissed Fintiv’s related patent infringement lawsuit against Apple, four days after rejecting some of Fintiv’s claims, court records show.
Fintiv agreed to the dismissal, and plans to “appeal on the existing record,” the records show.
The case is Fintiv Inc. v Apple Inc, US District Court, Northern District of Georgia, No. 25-04413.

 

 


Kosovo ex-guerrillas rally against war crimes court

Kosovo ex-guerrillas rally against war crimes court
Updated 07 August 2025

Kosovo ex-guerrillas rally against war crimes court

Kosovo ex-guerrillas rally against war crimes court
  • Hysni Gucati: ‘The court has deviated from its mission and is distorting history’
  • Special court was set up in The Hague due to the difficulty in securing witnesses for trials against prominent KLA leaders at home

PRISTINA: Thousands of Kosovo war veterans staged a protest rally Thursday against a war crimes court in The Hague that they accused of “distorting history” over its prosecution of former guerilla leaders.
Chanting the Kosovo Liberation Army name and waving flags bearing the symbols of ethnic Albanian guerrillas, protesters filled a central square in Pristina and streets around the government headquarters.
“The special court is biased, anti-KLA and anti-Kosovo,” Hysni Gucati, head of the veterans organization, told the crowd.
“The court has deviated from its mission and is distorting history,” he said.
Several ex-military figures, including former Kosovo president Hashim Thaci, are being prosecuted for alleged war crimes and crimes against humanity during and after the 1998-1999 Kosovo war between ethnic Albanian guerrillas and Serbian forces.
The conflict, which ended after a NATO air campaign ousted Serbian military and police from the territory, left around 13,000 people dead, mostly ethnic Albanian civilians.
Kosovo courts have prosecuted war crimes by Albanians and Serbs in the past, but the special court was set up in The Hague due to the difficulty in securing witnesses for trials against prominent KLA leaders at home.
A court in Pristina is preparing to try dozens of Serb police and military officers for one of the worst massacres of the war, in which 370 civilians were killed.
Opponents of the special court decry the use of evidence supplied by Serbian authorities however.
The tribunal, staffed by international judges, has pursued several KLA members since 2023. Apart from Thaci, other senior figures being prosecuted include former intelligence chief, Kadri Veseli, a regional commander Rexhep Selimi and KLA spokesman Jakup Krasniqi.
All are considered KLA founders and enjoy great popularity within the ranks of the former guerrillas, but are accused of war crimes.
“Our history is being rewritten by the court,” said Gazmend Syla, vice president of the War Veterans Organization. “This shakes the foundations of our state.”
Serbia has never recognized Kosovo’s independence, and talks to normalize relations between the neighbors have all but collapsed.


US establishing migrant detention center at base near border

US establishing migrant detention center at base near border
Updated 07 August 2025

US establishing migrant detention center at base near border

US establishing migrant detention center at base near border
  • President Donald Trump has made combating illegal migration a central part of his second term
  • “Beginning mid-July, we have begun working on establishing a detention center at Fort Bliss,” Wilson said

WASHINGTON: The United States is setting up a migrant detention facility at the Fort Bliss military base near the Mexico border with an eventual capacity of up to 5,000 people, the Pentagon said Thursday.

President Donald Trump has made combating illegal migration a central part of his second term, and declared an emergency at the southern US border on his first day back in office.

“Beginning mid-July, we have begun working on establishing a detention center at Fort Bliss. Since then, work has begun for initial detainment capacity of 1,000 illegal aliens, with initial operating capacity likely to be achieved by mid-late August,” Pentagon Press Secretary Kingsley Wilson told journalists.

“We will finish construction for up to 5,000 beds in the weeks and months ahead,” she added.

It will not be the first time a US base has been used to hold migrants during Trump’s presidency:
he ordered the preparation of a 30,000-person “migrant facility” at the notorious Guantanamo detention camp in Cuba earlier this year, though it has not held anywhere close to that number of people.

The Trump administration’s efforts to curb undocumented immigration have also included immigration raids, arrests and deportations on military aircraft.


France’s largest wildfire in decades contained after devastating southern region and wine country

France’s largest wildfire in decades contained after devastating southern region and wine country
Updated 07 August 2025

France’s largest wildfire in decades contained after devastating southern region and wine country

France’s largest wildfire in decades contained after devastating southern region and wine country
  • Late Thursday, the region’s top government official said the fire was contained
  • The fire swept through 15 communes in the Corbières mountain region, destroying or damaging at least 36 homes, with a full damage assessment still underway

VILLEROUGE LA CREMADE, France: France’s largest wildfire in decades was contained Thursday after burning more than 160 square kilometers (62 square miles) in the country’s southern wine region and claiming one life, local authorities said.

The blaze erupted Tuesday and tore through the Aude region, spreading rapidly due to hot, dry weather. Cooler overnight temperatures and calmer winds slowed its advance and allowed firefighters to make headway.

Late Thursday, the region’s top government official said the fire was contained. However, residents were warned not to return home without authorization, as many roads remained blocked and dangerous.

The fire swept through 15 communes in the Corbières mountain region, destroying or damaging at least 36 homes, with a full damage assessment still underway. One person died at home, and at least 13 others were injured, including 11 firefighters, according to local authorities. Three people who were reported missing have been found safe.

An investigation is underway to determine what sparked the fire.

The fire was the largest recorded since France’s national fire database was created in 2006.

But France’s minister for ecological transition, Agnès Pannier-Runacher, called the blaze the worst since 1949 and linked it to climate change.

“It is a fire that is clearly a consequence of climate change and drought in this region,” she told France Info radio.

Despite the breakthrough, officials warned the situation remained fragile.

“We still have a few days before we can say that the fire is completely out,” region administrator Christian Pouget said. “The battle is not over yet.

The region’s economy relies heavily on winemaking and tourism — both hard-hit.

The fire began in the village of Ribaute, in a rural, wooded area known for its wineries. Pouget said between 8 and 9 square kilometers (more than 3 square miles) of vineyards had burned. Officials estimate 80 percent of local vines were either destroyed or damaged — and even the grapes that survived may be too smoke-tainted to produce quality wine.

“The vineyards are burnt and the landscape is gone,” said Batiste Caval, a seventh-generation winemaker near Saint-Laurent-de-la-Cabrerisse.

Some vineyards acted as natural firebreaks, leaving a surreal patchwork of scorched hills and untouched green vines. But across the Corbières, entire stretches of historic vineyards were reduced to ash. Caval, who owns 60 of the 400 hectares farmed by a local cooperative, said the fire may tip already struggling winemakers into crisis after years of drought and other harsh weather.

New vines typically take three years to bear usable fruit. Some can produce wine for decades, even up to half a century.

“It’s very sad to think about the image we’re going to give of our Corbières region, with its devastated landscapes and desperate women and men, not just today or tomorrow, but for weeks and months to come. It will take years to rebuild,” said Xavier de Volontat, the mayor of Saint-Laurent-de-la-Cabrerisse, speaking to BFMTV.

Residents and tourists in nearby areas had been asked to stay indoors unless ordered to evacuate. Those forced to flee were housed overnight in emergency shelters across 17 municipalities.

Southern Europe has seen multiple large fires this summer. Scientists warn that climate change is exacerbating the frequency and intensity of heat and dryness, making the region more vulnerable to wildfires. Last month, a wildfire that reached the southern port of Marseille, France’s second-largest city, left around 300 people injured.

Europe is the world’s fastest-warming continent, with temperatures increasing at twice the speed of the global average since the 1980s, according to the European Union’s Copernicus Climate Change Service.


Authorities in Indian-administered Kashmir ban books by eminent writers, scholars

Authorities in Indian-administered Kashmir ban books by eminent writers, scholars
Updated 07 August 2025

Authorities in Indian-administered Kashmir ban books by eminent writers, scholars

Authorities in Indian-administered Kashmir ban books by eminent writers, scholars
  • Books by Arundhati Roy, constitutional expert A.G. Noorani, Sumantra Bose, Christopher Snedden and Victoria Schofield banned
  • Indian authorities say books by these authors propagate “false narratives” and “secessionism” in the disputed Kashmir region

SRINAGAR, India: Indian authorities have banned 25 books in Kashmir that they say propagate “false narratives” and “secessionism” in the disputed region, where strict controls on the media have escalated in recent years.

The ban threatens people with prison time for selling or owning these works by authors such as Booker Prize-winning novelist and activist Arundhati Roy, constitutional expert A.G. Noorani, and noted academicians and historians like Sumantra Bose, Christopher Snedden and Victoria Schofield.

The order was issued on Tuesday by the region’s Home Department, which is under the direct control of Lt. Gov. Manoj Sinha, New Delhi’s top administrator in Kashmir.

Sinha wields substantial power in the region as the national government’s representative, while elected officials run a largely powerless government that took office last year after the first local election since India stripped the disputed region of its special status in 2019.

The order declared the 25 books “forfeit” under India’s new criminal code of 2023, effectively banning the works from circulation, possession and access within the Himalayan region.

 Various elements of the code threaten prison terms of three years, seven years or even life for offenses related to forfeit media, although no one has been jailed yet under them.

“The identified 25 books have been found to excite secessionism and endangering sovereignty and integrity of India,” the Home Department said in its notice. Such books played “a critical role in misguiding the youth, glorifying terrorism and inciting violence against Indian State,” it said.

The action was taken following “investigations and credible intelligence” about “systemic dissemination of false narratives and secessionist literature” that was “often disguised as historical or political commentary,” it said.

In compliance with the order, police officials on Thursday raided bookstores, searched roadside book vendors and other establishments dealing in printed publications in the main city of Srinagar and across multiple locations in the region to confiscate the banned literature, police said. However, officials didn’t specify if they had seized any such material.

Bose, a political scientist and author whose book “Kashmir at Cross Roads” was among the banned works, rejected “any and all defamatory slurs” on his work, the Press Trust of India news agency reported.

“I have worked on Kashmir — among many other subjects — since 1993,” Bose said.

 “Throughout, my chief objective has been to identify pathways to peace so that all violence ends and a stable future free of fear and war can be enjoyed by the people of the conflict region, of India as a whole, and the subcontinent.

“I am a committed and principled advocate of peaceful approaches and resolutions to armed conflicts, be it in Kashmir or elsewhere in the world,” he said.

Nuclear-armed rivals India and Pakistan each administer part of Kashmir, but both claim the territory in its entirety.

Militants in the Indian-controlled portion of Kashmir have been fighting New Delhi’s rule since 1989. Many Muslim Kashmiris support the rebels’ goal of uniting the territory, either under Pakistani rule or as an independent country.

India insists the Kashmir militancy is Pakistan-sponsored “terrorism.” Pakistan denies the charge, and many Kashmiris consider it a legitimate freedom struggle. Tens of thousands of civilians, rebels and government forces have been killed in the conflict.

Since 2019, authorities have increasingly criminalized dissent and shown no tolerance for any narrative that questions India’s sovereignty over Kashmir.

In February, police raided bookstores and seized hundreds of books linked to a major Islamic organization in the region.

In 2011, police filed charges against Kashmir education officials over a textbook for first graders that illustrated the word “tyrant” with a sketch resembling a police official.

A year earlier, police arrested a college lecturer on charges that he gave his students an English exam filled with questions attacking a crackdown on demonstrations challenging Indian rule in the region.

In some cases, the accused were freed after police questioning, but most of these cases have lingered on in India’s notoriously slow judicial system.

Mirwaiz Umar Farooq, a key resistance leader in Kashmir, condemned the book ban.

“Banning books by scholars and reputed historians will not erase historical facts and the repertoire of lived memories of people of Kashmir,” Mirwaiz said in a statement.

He questioned authorities for organizing an ongoing book festival to showcase its literary commitment but then going on to ban some books.

“It only exposes the insecurities and limited understanding of those behind such authoritarian actions, and the contradiction in proudly hosting the ongoing Book Festival,” he said.

Banning books isn’t common in India, but authorities under Prime Minister Narendra Modi have increasingly raided independent media houses, jailed journalists and sought to rewrite history in school and university textbooks to promote the Hindu nationalist vision of his governing Bharatiya Janata Party.

Meanwhile, curriculums related to Muslim Mughal rulers who ruled much of India between the 16th and 19th centuries have been altered or removed. Last year, an Indian court ended a decades-long ban on Salman Rushdie’s “The Satanic Verses”, owing to the absence of any official order that had banned the book in 1988.