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In this StockCharts TV video, Mary Ellen reviews the broader markets and highlights pockets of strength that are starting to trend higher. She also shares add-on plays to the move into home construction stocks, and shows key characteristics needed to confirm a downtrend reversal in select stocks.

This video originally premiered September 13, 2024. You can watch it on our dedicated page for Mary Ellen on StockCharts TV.

New videos from Mary Ellen premiere weekly on Fridays. You can view all previously recorded episodes at this link.

If you’re looking for stocks to invest in, be sure to check out the MEM Edge Report! This report gives you detailed information on the top sectors, industries and stocks so you can make informed investment decisions.

Whipsaws and losing trades are part of the process for trend-following strategies. These are expenses, and simply unavoidable. Over time, trend-following strategies will catch a few big trends and these profits will more than cover the expenses. Let’s look at signals and backtest results for the Cybersecurity ETF (CIBR).

The chart below shows the Cybersecurity ETF (CIBR) with the Percent above MA indicator in the lower window. This indicator measures the percentage difference between the 5 and 200 day SMAs. I use +3% and -3% for signal thresholds to reduce whipsaws. A whipsaw (WS) is a short-lived signal that does not develop into a trend and results in loss. Thus, an uptrend signals with a cross above +3% and remains in force until a cross below -3%. On the chart below, the green lines show uptrend signals since 2020 and red lines show downtrend signals. The blue WS marks the whipsaws. Note that Percent above MA is one of 11 indicators in the TIP Indicator Edge Plugin.

 

CIBR started trading in July 2015 and did not have a 200-day SMA until April 2016. The chart above shows four bullish trend signals (green lines) since 2020, but we can backtest to 2016 for a more complete picture. There were just 7 trend signals since April 2016 with four producing winning trades and three resulting in losses. This includes the current open trade, which started with the trend signal in May 2023. The average gain for the winners was 43% and the average loss for the losers was 6%. Winners generate gross revenues, while whipsaws and losing trades are expenses. Trading is profitable as long as the profits are bigger than the expenses. This simple trend-following strategy generated a Compound Annual Return of 10.5% since 2016. Not bad for just 7 trades.

Stocks were hit hard the first week of September and came roaring back this past week. In our comprehensive weekly report and video (here), we featured a bullish continuation pattern in SPY, a contracting range in QQQ and bullish charts for ETFs related to fintech, cybersecurity, housing medical devices and wind energy. We also provided detailed analysis for seven big tech stocks (MSFT, META, QCOM, ARM, DELL, AVGO and NVDA). Click here to learn more and get two bonuses.

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A former Arlington County Fire Department employee was arrested Friday in West Virginia on charges of assaulting police and rioting in the Jan. 6, 2021, attack on the U.S. Capitol, accused of joining a charge that overran a key police line and led to the breach of the building, according to court records.

Brian Holmes, a West Virginia resident, was employed for about a year or more with the department, according to two department witnesses cited in an FBI arrest affidavit. On Jan. 6, wearing red sneakers, a gray Virginia Tech hoodie and hard-knuckle gloves, Holmes allegedly assaulted two officers guarding a stairway leading up from the lower West Terrace just as they were bowled over by Florida Proud Boys member Daniel Scott, court records said.

Prosecutors have said the breakthrough helped the mob access a level through which the Capitol was first breached 20 minutes later, forcing the evacuation of Congress and delaying a joint session meeting to certify Joe Biden’s 2020 election victory over Donald Trump.

“Holmes can be seen grabbing Officer CC as he was being pulled toward the crowd,” the arrest affidavit alleged. He appeared to taunt police and gestured rioters behind him to follow him, the FBI alleged.

“Y’all asked for this, you know that right,” the FBI quoted Holmes as saying. “Y’all gonna have a long day, y’all gonna have a long … day,” Holmes added, and “Are you ready to speak Chinese? … Because that’s what’s going to happen, that’s what’s going to happen if you let these [expletives] steal this election.”

Holmes was arrested in Martinsburg, W.Va., and appeared before a U.S. magistrate judge Friday on an arrest warrant issued Aug. 23 in D.C., according to court records.

In a written statement released by Holmes attorney Stanley Woodward, Holmes denied the allegations and said he had immediately advised his department supervisor of his presence at the rally, and resigned after being contacted by law enforcement “so as to avoid being a distraction from the Department’s critical mission. I am proud to have served more than six years among Arlington’s bravest.”

As of April 2023, Holmes was no longer employed by the Arlington Fire Department, a spokesman said. “When made aware of the allegations, the ACFD cooperated fully with investigators,” Capt. Nathaniel C. Hiner said in a statement, referring questions about the case to the FBI.

This post appeared first on washingtonpost.com

President Joe Biden and British Prime Minister Keir Starmer met at the White House on Friday amid rising tensions with Russia, reaffirming their support for Ukraine but declining to publicly address urgent questions over whether Biden will pave the way for Ukraine to use Western-made weapons to strike deeper inside Russia.

“The United States is committed to standing with you to help Ukraine as it defends against Russia’s onslaught of aggression,” Biden told Starmer at the outset of their meeting. “It’s clear that [Russian President Vladimir] Putin will not prevail in this war. The people of Ukraine will prevail.”

Starmer said it was vital that the two allied nations work in tandem. “I think the next few weeks and months could be crucial, very, very important, that we support Ukraine in this vital war of freedom,” the prime minister said.

But the two leaders said little about the biggest questions hanging over their meeting: whether American allies such as Britain might allow Ukraine to use their weapons to attack military targets deep inside Russia. Putin this week warned sharply against such a move, raising the stakes for Biden’s decision on whether to support it and whether at some point to allow U.S.-made weapons to be used the same way.

Hours before the meeting at the White House, Putin accused six British diplomats of spying and announced it had stripped them of accreditation. Putin also threatened that if Ukraine were to fire Western missiles into Russia, he would treat it as an attack by NATO and would respond accordingly, a posture that threatened to escalate the war.

“If this decision is made, it will mean nothing other than the direct involvement of NATO states, European states, in the war in Ukraine,” Putin said in a television interview late Thursday.

Vasily Nebenzya, the Russian ambassador to the United Nations, warned the U.N. Security Council on Friday about the use of Western weapons deep inside Russia. “The facts are that NATO will be a direct party to hostilities against a nuclear power,” Nebenzya said. “I think you shouldn’t forget about this and think about the consequences.”

From the outset of the war in February 2022, Biden has sought to balance his support for Ukraine with his desire to prevent the conflict from spiraling into a broader confrontation. With only four months left in office, Biden’s delicate decision-making on the war will increasingly play into a foreign policy legacy that is likely to revolve in large part on his handling of the Russia-Ukraine conflict.

That task has meant dealing with a variety of foreign leaders. Starmer, who was elected prime minister only two months ago, arrived at the White House in a motorcade on Friday afternoon, and he and Biden entered the Oval Office for photos before meeting in the Blue Room for their extended strategy session.

Biden grew testy when a British reporter shouted a question, before the president could began speaking, about what he says in response to Putin’s threats. “I say, ‘You be quiet until I speak. Okay? That’s what I say,” he said.

Biden then welcomed Starmer to the White House and thanked him for his leadership in backing Ukraine. But he largely ignored shouted questions from reporters, saying at one point in response to a question about what he thinks of Putin, “I don’t think much about Vladimir Putin.”

The official White House summary of the meeting stressed the opposition of the American and British leaders to the support that some countries are giving Russia. “They expressed deep concern about Iran and North Korea’s provision of lethal weapons to Russia and … China’s support to Russia’s defense industrial base,” the statement said.

Russia has made threats against NATO when Western nations have ramped up their support for Ukraine, but he has generally failed to follow through. Starmer told British reporters ahead of his meeting with Biden that Ukraine had a right to defend itself against an illegal Russian invasion.

“We don’t seek any conflict with Russia. That’s not our intention in the slightest,” Starmer said. “But they started this conflict, and Ukraine’s got a right to self-defense.”

The British government also accused Russia of “a significant escalation” by imported ballistic weapons from Iran, saying that it was “bolstering Putin’s capability to continue his illegal war.”

Biden and Starmer were also expected to discuss tensions in the Middle East, focusing on attempts for a cease-fire deal and the release of hostages in Gaza. The British announced this month that they were suspending some arms exports to Israel, citing “a clear risk” that the arms might be used in “serious violation of international humanitarian law.’

Heading into the meeting, John Kirby, a spokesman for the National Security Council, said that there would be little shift from the United States on allowing Ukraine to fire long-range missiles into Russia.

“There is no change to our view on the provision of long-range strike capabilities for Ukraine to use inside Russia, and I wouldn’t expect any sort of major announcement in that regard coming out of the discussions, certainly not on our side,” he said in a briefing with reporters.

Kirby declined to comment directly on whether the U.S. would signal support for allowing the British or French to authorize use of their weapons for such long-range attacks.

“We have, and will continue to have, meaningful conversations with our allies … about what we’re all doing to support Ukraine, about what can be done, what should be done, the pros and the cons of all these moves,” Kirby said.

Regarding Putin’s warnings about NATO, he said that “it’s hard to take anything coming out of Putin’s face at his word” but added that the U.S. carefully monitors any Russian threats.

“He starts brandishing the nuclear sword, yes, we constantly monitor that kind of activity,” Kirby said. “He obviously has proven capable of aggression. He has obviously proven capable of escalation over the last now going on three years.”

The meeting at the White House occurred after Secretary of State Antony Blinken met with British foreign secretary David Lammy on a recent trip to Kyiv, a joint visit in which they heard from Ukrainian President Volodymyr Zelensky.

Zelensky has been pressing for months for Western leaders to lift restrictions against using long-range missiles to target military sites in Russia.

Biden was asked Tuesday whether the United States was ready to lift the restrictions. “We are working that out right now,” he said.

But administration officials said Friday that those reviews are still ongoing, with uncertainty over when or whether there might be any change in policy.

At the same time, some senior congressional leaders have been urging Biden to make such a shift, saying Ukraine needs a freer hand.

“In light of Putin’s increasingly horrific attacks on civilian targets, it’s time to lift restrictions on the use of long-range U.S.-provided weapons to allow Ukraine to reach high value Russian military targets,” Sen. Jeanne Shaheen (D-N.H.) said in a recent statement. “On the expectation that the Ukrainian government has demonstrated how these new authorities fit within its broader campaign strategy, I hope that the Biden Administration will swiftly grant these permissions to the Ukrainian Armed Forces.”

Karen DeYoung and Missy Ryan contributed to this report.

This post appeared first on washingtonpost.com

Democrats have spent the last year eyeing a familiar trio of northern states that would deliver the White House in November: Wisconsin, Michigan and Pennsylvania are the “clearest pathway” to victory, Vice President Kamala Harris’s campaign leaders wrote in July — as long as she also picks up a single electoral vote in the Omaha area.

The Trump team, meanwhile, has been focused on its own path in the Eastern time zone, a veritable “Red Wall” trifecta that overlaps with the northern “Blue Wall” around the Great Lakes.

“As long as we hold North Carolina, we just need to win Georgia and Pennsylvania,” a Trump campaign official told reporters last month in a strategy briefing. “That is all we need to win. So when everybody is running around with all the machinations, she’s still playing defense.”

The different strategies, which both hinge on a win in Pennsylvania, have been reflected in ad spending by both campaigns and the super PACs supporting them, according to AdImpact, which tracks spending and reservations on television, radio and digital platforms for ads that have already run. The data shows that the Trump and Harris camps largely agree on the seven principal states where they will advertise and the several more where they have hired staff. But the two sides have deployed decidedly different battle plans.

Republicans, for instance, have spent 19 percent of their ad money between March 12 and Sept. 3 in the presidential contest in Georgia, compared with the 11 percent Democrats have spent. Democrats have focused 16 percent of their spending in Michigan, compared with 12 percent of the Republican spending.

Republicans, meanwhile, have moved a greater share of their chips into Pennsylvania, which given its size is likely to hold the key to the election if the outcome is close. That state has seen 36 percent of Republican ad dollars, compared with 21 percent for the Democratic side.

“Pennsylvania and Georgia have taken center stage for the final act of this election,” said John Ashbrook, a Republican strategist. “The map becomes nearly impossible for Republicans without Georgia, and it becomes nearly impossible for Democrats without Pennsylvania.”

The fall electoral college chess game, a vestige of 18th-century concerns that the Founding Fathers had about majority rule, always produces complex gamesmanship late in presidential contests. But this year the map is historically small, the margins in the key states are expected to be tiny, and the various paths each candidate has to victory appear more limited.

Both major-party campaigns continue to have staff in states such as Minnesota, Virginia and New Hampshire, where Harris made a visit Sept. 4. But both campaigns have focused their spending on a smaller footprint of just seven states — Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin — as well as Nebraska’s 2nd Congressional District.

Within that core battleground, the Trump team has identified a subset of voters, called “Target Persuadables,” that makes up about 11 percent of the voting pool and is the focus of much of their spending. A separate program within Trump’s coordinated campaign is focused on turning out voters who lean Republican but are not certain to get to the polls or turn in a ballot.

The Harris campaign — which has raised and spent much more money — has a more ambitious plan for voter communication, with more money going to more states and with a greater reliance on national advertising buys that do not target specific states. Eighteen percent of the money spent by the Harris side has been spent nationally, compared with 8 percent on the Trump side.

Harris also has a much bigger operation overall. On the whole, the Democratic side had spent or reserved at least $933 million for advertising as of Sept. 3, compared with $485 million on the GOP side. That spread could narrow over the coming weeks, because Republicans have been less aggressive than Democrats in making future ad reservations tracked by AdImpact.

But the Harris campaign has not tried to hide the fact that it has a more geographically expansive plan than its Republican counterpart.

“Our campaign strategy relies on a wide map: Trump is all in on one to two ‘must win’ states. We don’t have that luxury. Every single battleground state is close, so we need to compete aggressively in every state to build a pathway to 270 electoral votes,” Harris campaign chair Jen O’Malley Dillon said in a memo to top donors on Sept. 7.

The Harris effort, including independent groups, has put about 13 percent of its state-specific advertising resources into Arizona and Nevada, compared with about 9 percent for the Trump campaign and allied groups, according to AdImpact. A win in both those states for Harris would make up for a loss in either Wisconsin or Michigan, giving her an electoral college victory if she carried Pennsylvania.

The challenge Harris faces is that if she held Michigan and Wisconsin but lost Pennsylvania’s 19 electoral votes, she would need to win North Carolina or Georgia and one of the two Western states to make up the difference.

One of the major groups supporting Harris, American Bridge 21st Century — which has spent or reserved $44 million so far — has decided to focus all of its spending in Wisconsin, Pennsylvania and Michigan. Future Forward, the other major Democratic super PAC, has spread its spending across all the battlegrounds, including the Omaha media market in Nebraska.

On the Republican side, the two largest advertising super PACs have roughly divided up the states, with a notable overlap in Pennsylvania. Preserve America PAC, backed by casino magnate Miriam Adelson, has focused on Michigan, Wisconsin and Pennsylvania, while MAGA Inc. has focused on Georgia, Arizona, Nevada and Pennsylvania.

Recent polls in North Carolina have shown a close race, with Harris leading in an early-September survey by Quinnipiac University by three points among likely voters. That has raised concerns among Republican strategists about the integrity of their eastern “Red Wall.” Democratic strategists continue to view Georgia as a more favorable state than North Carolina, in part because of its higher percentage of Black voters.

After Harris’s strong debate performance this week, Republican allies of Trump are no longer talking about the sweep they saw as a possibility this summer, when President Joe Biden was crashing in polling. Former House speaker Kevin McCarthy, echoing the Trump campaign’s early pitch, said Wednesday that voters should focus on the strongest bulwark for another Trump term.

“It comes down to two states — it’s Pennsylvania and Georgia,” McCarthy said on CNBC. “If Trump carries exactly what he did before, and he wins Pennsylvania and Georgia, he is at 270. He doesn’t need Arizona. He doesn’t need Nevada.”

Clara Ence Morse contributed to this report.

This post appeared first on washingtonpost.com

For days, Donald Trump and his allies have zeroed in on Springfield, Ohio, amplifying baseless claims that Haitian immigrants there are eating others’ pets. The promotion of such rumors, which thrust the city into the national spotlight, is rooted in a centuries-old racist trope of vilifying newcomers to the United States and highlights the country’s present-day divides, historians say.

“We’re going to get these people out,” Trump said Friday during a news conference at his golf course in Rancho Palos Verdes, Calif., promising to conduct “large deportations” if he is elected president.

His remarks were the latest in a swirl of canards that Trump has spread about Haitian immigrants, despite local officials debunking the claims. Leaders in Springfield have said the claims are harming the community, which has been forced to evacuate schools, city hall and other buildings after receiving threats since Trump’s remarks.

Trump first mentioned Springfield while debating Vice President Kamala Harris on Tuesday night, saying: “In Springfield, they’re eating the dogs. The people that came in, they’re eating the cats.” His deportation pledge followed a Thursday rally where Trump accused Haitian immigrants of having “taken over” Springfield and “walking off” with people’s pets. Hours earlier, the Republican presidential nominee posted a meme on his Truth Social platform showing kittens holding a sign that read: “Don’t let them eat us, vote for Trump!”

Trump has also incorrectly said that Haitians in Springfield are in the U.S. illegally, though local officials have rebutted that as well. The migrants were granted temporary protected status in the United States after fleeing violence at home.

The claims are the latest instances of Trump using dehumanizing language when talking about people who immigrate to the United States. They also mirror stereotypes some Americans have used against foreigners in the United States for nearly a century and a half.

Since the first wave of Chinese immigrants arrived in the 1800s, they — along with others from European, Asian or Latin American nations — have been the subject of political cartoons, newspaper articles, caricatures and books that were used by some in politics and media to spread anti-immigrant rhetoric and instill fear in other residents, experts said.

“My first thought was: Here we go again,” said Anita Mannur, director of American University’s Asia, Pacific and Diaspora Studies program. “This is a trope we’ve seen time and time again that is used to ‘other’ people of color [and] new immigrants.”

Immigration and border security has been a flash point leading up to the November election. Republicans have singled out Springfield, which has seen an influx of Haitian immigrants in recent years after a boom in manufacturing jobs attracted new residents. The Haitian immigrants, Springfield’s city manager said in a video posted to Facebook this week, have bolstered the city’s workforce and helped stabilize its economy.

Yet the sudden arrival of people has stretched schools, health clinics and other public services. Tensions soared in Springfield last summer when a Haitian immigrant drove into oncoming traffic and hit a school bus, killing Aiden Clark, an 11-year-old boy. His parents this week pleaded that their son’s death not be used for “political gain” after Trump’s vice-presidential nominee, Sen. JD Vance of Ohio, tweeted that the boy “was murdered by a Haitian migrant.”

“To clear the air, my son, Aiden Clark, was not murdered,” Nathan Clark said Tuesday during a public meeting in Springfield. “He was accidentally killed by an immigrant from Haiti.”

Trump repeating the rumor about Springfield residents’ pets — which Republican Party leaders picked up from a Facebook post and Vance elevated Monday — fits into the former president’s record of portraying immigrants broadly as threats. His attempts to vilify immigrants and people of color, including his campaign’s use of racist tropes, align with tactics that populist and authoritarian leaders have used throughout history, scholars and historians say.

Such leaders win support by creating fear about certain groups, then portraying themselves as the only person who can address the problems they cause, said Florida International University law professor Ediberto Román, who studies xenophobia and immigration.

In response to questions from The Washington Post, Trump campaign spokeswoman Karoline Leavitt said people in Springfield were experiencing “very real suffering and tragedies” that have been “largely ignored by the liberal mainstream media until now.” A spokesman for Vance did not respond to requests for comment; earlier, a spokesperson told The Post that Vance’s office had received calls from Springfield residents with “concerns over crime and traffic accidents.” Spokespeople for Trump and Vance also expressed sympathy for the Clarks and pointed to the deaths of two other children and a young woman, seeking to tie the incidents to the Biden-Harris administration’s border policies.

Stereotypes about immigrants eating dogs, bats or rats have long circulated in the United States — beginning during the wave of Chinese migration in the 1800s. More recently, during the 2012 presidential election, conservatives briefly seized on a passage in President Barack Obama’s memoir about being given dog meat as a child while living in Indonesia. During the covid pandemic that originated in China, old racist tropes denigrating Asian Americans spread online. Trump called the covid-19 virus the “Chinese virus” and the “kung flu.”

The goal in spreading such stereotypes is to portray newcomers as unfit for American society or invoke disgust toward them, Mannur and other experts said.

“One of the ways to vilify Asian Americans was to cast them as ‘other’ through these imagined eating habits: that they were supposedly eaters of cats or dogs or rats,” Mannur said.

“So that’s what Trump is doing,” she added, “painting this image that Haitian immigrants in Ohio are coming after your pets. It doesn’t really matter whether they eat them or not. There’s still now this perceived threat.”

People around the world have long consumed wide-ranging cuisines, sometimes depending on the varying sources of available protein. But those differences can be weaponized to sow division and propel the notion that some immigrants are incapable of assimilating “because they’re so different … they can never be like us,” said Julia Young, a history professor at the Catholic University of America.

That can fuel nativism, or the idea that immigrants present an existential threat, she said.

“The most successful claims for politicians trying to demonize immigrants have to have a tiny kernel of truth in them, or something that might make them easier to believe,” Young said. “So, for instance, in the case of Haitians: Most people in the U.S. know nothing about Haiti, but they might know that it’s a place where voodoo is practiced. And if that’s your only association to Haitians, then it doesn’t become that far-fetched to believe that they might take or eat your pet for an animal sacrifice — which is reprehensible and baseless, but still easier to believe.”

Haitians have a long history of immigrating to the United States and as of 2022, most of the 700,000-plus Haitian immigrants in the United States had already become U.S. citizens, according to the Migration Policy Institute, a think tank. But the number of newer arrivals seeking to enter the country has jumped in recent years. Many are fleeing gang and political violence in Haiti. Some had earlier moved to South America and are coming directly from there.

The number of Haitians crossing the southern border illegally has dropped from approximately 45,000 in fiscal year 2021 to more than 1,000 last year, according to Border Patrol data. Officials attribute the decline to a new Biden administration parole program that has allowed Haitians and others to enter legally at airports if they have a U.S. sponsor and prior approval. Approximately 200,000 Haitians have arrived legally under that program since 2023, federal records show.

For Haitians in the U.S. and abroad, the episode has prompted anger and sadness. Farah Juste, an activist and singer who lives in Florida, said she’s not bothered by the comments, but can tell that others in the Haitian diaspora — from places such as New York, Montreal and Boston — are furious over it. “I’ve heard them on TV, I’ve heard them on the radio” reacting to Trump and Vance’s comments, she said.

Still, anti-immigration sentiments, or nativism, has been part of American politics since the country’s inception, said Young, the history professor. “Each new generation of immigrants — whether they’re Irish, Pole, Italian, Chinese, Mexican or what have you — has been met with this dangerous rhetoric, almost fantastical claims about them and [an] ‘us versus them’ mentality.”

Luke Ritter, a historian who has extensively researched nativism and American conspiratorial beliefs, echoed Young: “Nativism in the U.S. rises and falls across time like the waves of the ocean. Each time nativist rhetoric increases, it takes on a slightly different shape and color, but it draws from the same well of anxiety.”

Trump seizes on those anxieties by blaming immigrants for problems in American society, Young said.

Immigration limits are core parts of Trump’s platform. His immigration policy proposals include an unprecedented mass deportation of undocumented immigrants by rounding them up and potentially putting some in detention camps, as well as the suspension of the refugee program. Immigration advocates and former government immigration officials have criticized his deportation plans as alarming and impractical.

Since he entered politics, Trump has disparaged immigrants in inflammatory and sometimes racist language. He launched his 2016 presidential campaign with a speech in which he told supporters that Mexico was sending rapists, drugs and crime into the United States. He has called immigrants animals, thugs and terrorists, dismissed them as carriers of disease and portrayed Latino migrants as staging an “invasion” of the United States. Last year, he said undocumented immigrants are “poisoning the blood of our country,” drawing criticism from experts who compared his language to that of Adolf Hitler.

Trump has also turned his rhetoric toward Haitians in the past: In 2018, he called Haiti and other nations “shithole countries.” In 2017, the New York Times reported he said immigrants from Haiti “all have AIDS.” In 2021, he repeated the idea on Fox News, saying there are “hundreds of thousands of people flowing in from Haiti” and that many of them “probably have AIDS.”

Tony Jean Thenor, a 66-year-old social worker from North Miami who emigrated from Haiti in 1980, said Trump’s comments add another layer of trauma for Haitians who came to the United States to escape gang violence and political disarray in their home country, a situation that has been exacerbated by decades of foreign intervention.

“It’s not that we came to destroy life here,” Thenor said. “It’s because we are running to take a breath of fresh air.”

Widlore Mérancourt, Maria Sacchetti, Mariana Alfaro, Azi Paybarah and Amy B Wang contributed to this report.

This post appeared first on washingtonpost.com

Republican nominee Donald Trump spent his second rally since Tuesday’s debate promoting false online accusations trying to discredit Vice President Kamala Harris’s performance, alongside baseless allegations of chicanery in the reporting of crime statistics and jobs data.

“She can’t talk,” Trump told a crowd of thousands in Las Vegas on Friday, three nights after facing Harris for the first time, claiming victory and saying he would not agree to another debate. He asked if Harris had received the questions in advance, picking up on internet rumors that the host network, ABC News, has denied. Trump also referenced a Facebook post suggesting, without evidence, that Harris had audio devices in her earrings.

“I hear she got the questions, and I also heard she had something in the ear,” Trump said.

In almost 90 minutes of remarks, Trump alleged that similar plots against him had been foiled by insiders who exposed tampering with government statistics on jobs and crimes. Without evidence, he claimed a routine revision of economic data was an attempt to disadvantage his campaign.

“Fortunately, we had a leaker or a whistleblower,” Trump said. “I don’t care which. I love that person. I’m not sure who it is.”

Trump also used newly released Justice Department survey data about crime in 2023 to incorrectly claim the figures contradicted debate moderator David Muir’s use of FBI data showing a decline in overall violent crime in the first quarter of 2024.

“So David Muir owes me an apology,” Trump said. He added: “And his hair was much better five years ago.”

Trump played a clip of Harris’s acceptance speech at the Democratic National Convention in August and mocked her for repeatedly thanking the cheering crowd. He baselessly accused her of lying about working at McDonald’s during college in the 1980s and of wanting to restore the draft, which she has not supported. He paradoxically called her a communist and a fascist. He said voting for her would be “a vote for war with Russia” and “a vote to obliterate Israel.”

Returning to his core campaign theme of immigration, Trump falsely portrayed a U.S. Customs and Border Protection app, which allows migrants to request legal processing appointments, as a tool that shows where to drop off undocumented immigrants.

“Could you believe we have phone apps?” he said. “The cartels have apps where they call in so they know where to deposit their illegal people.”

If elected, he pledged to deploy federal agencies such as Immigration and Customs Enforcement to implement large-scale deportations, including to “liberate” the Colorado city of Aurora that he falsely claimed was overrun by Venezuelan gangs. He also said Nevada, which does not border Mexico, was receiving more immigrants because Texas had tightened its border.

“Can you believe I have to say this?” he said. “We are going to liberate parts of our country.”

In Trump hands, a Department of Homeland Security Inspector General report concluding that ICE had not issued court notices to 291,000 unaccompanied children became 325,000 migrant children lost to rape and murder. “They’re either gone or they’re in the service as slaves, sex slaves or slaves,” he said.

He recited an anti-immigration parable about a snake that has been a fan favorite at his rallies since the 2016 campaign. And he gave a shout-out to Stephen Miller, his adviser who was the architect of separating migrant families at the border and has proposed using the military for mass deportations.

“A brilliant young man who has always been with me no matter what, the good times, the bad times,” Trump said of Miller. He also praised Kash Patel, a former Pentagon aide who has called for prosecuting journalists if Trump wins a second term.

Trump also called up celebrity guests including mixed martial artist Henry Cejudo, whose name he repeatedly struggled to pronounce but whose hair he complimented, and social media personality Bryce Hall, whom he called “young and handsome.” Of musician Nicky Jam, who is a man, Trump said, “she’s hot.” He also called up the YouTube personalities known as the Nelk Boys, one of whom criticized Harris’s running mate, Minnesota Gov. Tim Walz (D), for taxing Zyn brand nicotine pouches.

Trump attacked Walz with the nickname “Tampon Tim” and falsely accused him of requiring tampons in boys’ bathrooms. Walz signed legislation that provided state-funded sanitary products in public school restrooms. Trump echoed his remarks at Tuesday’s debate by falsely accusing Walz of allowing abortions in the ninth month of pregnancy or even executing children after birth, which is not legal in any state.

He also baselessly accused Democrats of wanting to raze Manhattan and build structures with no windows.

Trump repeatedly ribbed, “We have a lot of time.” But hundreds of fans left within the first 30 minutes, many complaining that he had been late and that the sound quality was poor. Almost all of the standing crowd had left before the end.

Arnsdorf reported from Washington. Cheeseman reported from Las Vegas.

This post appeared first on washingtonpost.com

DETROIT — Stellantis’ U.S. dealer network has joined the United Auto Workers union in criticizing CEO Carlos Tavares for the company’s recent sales declines, factory production cuts and other decisions they deem detrimental to the automaker’s business.

In an open letter to Tavares this week, the head of Stellantis’ U.S. dealer council, Kevin Farrish, condemned the chief executive for prioritizing the company’s profits at the cost of sales, market share and the reputations of its Chrysler, Dodge, Jeep and Ram brands. The council represents the company’s 2,600 U.S. dealers.

“The market share of your brands has been slashed nearly in half, Stellantis stock price is tumbling, plants are closing, layoffs are rampant, and key executives fleeing the company. Investor lawsuits, supplier lawsuits, strikes–the fallout is mounting. Your own distribution network, your dealer body, has been left in an anemic and diminished state,” Farrish wrote in the Tuesday letter, which Bloomberg first reported Wednesday night.

Farrish, a dealer in Virginia, said the dealer council has raised concerns about the company’s operations for two years, and accused Tavares of “reckless short-term decision making” that boosted profits and padded his compensation but have led to the “rapid degradation” of its brands, he wrote.

Stellantis, in a statement Wednesday night, said it takes “absolute exception to the letter,” citing a 21% increase in August sales over July and an “action plan developed with the dealer body.”

“At Stellantis, we don’t believe that public personal attacks, such as the one in the open letter from the NDC president against our CEO, are the most effective way to solve problems,” the company said. “We have started a path that will prove successful. We will continue to work with our dealers to avoid any public disputes that will delay our ability to deliver results.”

Stellantis reported a record profit in 2023, but so far this year, the automaker reported a first-half net profit of 5.6 billion euros ($6.07 billion), down 48% from the same period of 2023.

Shares of Stellantis are off roughly 36% this year to around $15. The stock hit a new 52-week low Thursday of $14.76 per share.

Tavares has been on a profit-driven, cost-cutting mission since the company was formed through a merger between Fiat Chrysler and France’s PSA Groupe in January 2021. It’s part of his “Dare Forward 2030” plan to increase profits and double revenue to 300 billion euros ($325 billion) by 2030.

The cost-saving measures have included reshaping the company’s supply chain and operations as well as headcount reductions and cutting vehicle production at plants.

Several Stellantis executives described the earlier cuts to CNBC as difficult but effective. Others, who spoke on the condition of anonymity due to potential repercussions, said they were grueling to the point of excessiveness.

UAW President Shawn Fain also has publicly criticized Tavares, including in a speech last month at the Democratic National Convention. He has accused Tavares of price gouging consumers and failing to uphold parts of the union’s labor contract with the automaker.

The UAW, which represents roughly 38,000 Stellantis employees, is holding a rally Thursday afternoon at a union hall near Stellantis’ Warren Truck Assembly Plant in suburban Detroit to “condemn the gross mismanagement” at the company, according to an email.

U.S. sales for Stellantis, formerly Fiat Chrysler, have declined every year since a recent peak of 2.2 million in 2018. The company sold more than 1.5 million vehicles last year, a roughly 1% decline from 2022, when it reported a significant drop of 13% compared with the previous year.

Stellantis’ performance compares to the overall U.S. new light-duty vehicle sales market, which increased 13% last year, according to federal data.

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American Airlines flight attendants approved a five-year labor deal, ending one of the industry’s most contentious contract negotiations and giving cabin crews raises of up to 20.5% at the start of October.

Eighty-seven percent of the American Airlines flight attendants who voted approved the contract, the union said Thursday, shortly after polls closed.

“This contract marks a significant milestone for our Flight Attendants, providing immediate wage increases of up to 20.5%, along with significant retroactive pay to address time spent negotiating,” said Julie Hedrick, president of the Association of Professional Flight Attendants, which represents the carrier’s roughly 28,000 cabin crew members.

Flight attendants are the biggest unionized work group at the Fort Worth-based airline.

The contract deal is a relief for American Airlines’ leaders, which had faced a strike threat from flight attendants if the two sides could not get to a deal. Transportation Secretary Pete Buttigieg and Labor Secretary Julie Su had attended negotiations in June, overseen by the National Mediation Board. More than 160 lawmakers have also pushed the NMB to get to deals across the airline industry.

“Reaching an agreement for our flight attendants has been a top priority, and today, we celebrate achieving this important milestone,” American Airlines CEO Robert Isom said in a statement.

Flight attendants, similar to other airline workers, have pushed for higher pay and other work-rule improvements after the Covid-19 pandemic derailed negotiations and the cost of living has skyrocketed in recent years.

United Airlines and its flight attendants’ union are still negotiating for a new contract, while Alaska Airlines cabin crew members recently rejected a tentative labor deal.

Other industries have also won higher pay in new contracts, some of them after strikes, such as in the auto industry and in Hollywood.

Some 33,000 Boeing workers are voting on Thursday on a new contract with 25% raises, which some workers have said they will reject. Boeing faces a potential strike if the deal is rejected.

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Amazon is bumping its average national pay for contracted delivery drivers to roughly $22 an hour, up from $20.50 an hour, the company said Thursday.

The wage increase is part of Amazon’s $2.1 billion investment this year into its delivery service partner program, which are the legions of contracted firms that handle last-mile delivery of packages from the company’s warehouses to shoppers’ doorsteps.

The company’s announcement comes as it faces a renewed unionization effort among its contracted delivery workers.

Beryl Tomay, Amazon’s vice president of transportation, wrote in a blog post that many DSPs are “already paying well above” $22 an hour. The increased rates will continue to support DSPs “in their efforts to recruit and retain high-performing teams.”

Amazon announced the pay bump at the same time that it is hosting an annual, closed-door conference for those delivery contractors, called Ignite Live, in Las Vegas. The company made a similar announcement at last year’s event. Amazon has said it has added more than 3,500 DSPs to the program since it launched in 2018.

The Teamsters Union has led several strikes at Amazon delivery facilities in the past year, and it has made organizing Amazon employees a key focus after launching a division dedicated to the online retail giant in 2021.

The National Labor Relations Board has also been scrutinizing the company’s relationship with its contracted delivery workforce. Since August, the federal labor agency has issued two determinations finding that Amazon should be deemed a “joint employer” of employees at two subcontracted delivery companies. The NLRB’s determination could compel Amazon to bargain with employees seeking to unionize.

Amazon has fought to avoid being designated as a joint employer of its contracted delivery drivers, arguing that the workers are employed by third-party firms. Lawmakers and labor groups have disputed the company’s characterization, saying drivers wear Amazon-branded uniforms, drive Amazon-branded vans and have their schedules and performance expectations set by Amazon.

The company has previously said it disagrees with the NLRB’s findings.

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