By DAMIAN J. TROISE, Associated Press Business Writer

NEW YORK (AP) — Stocks slipped in early trading on Wall Street Monday, after a big jump last week on hopes for more interest rate cuts from the Federal Reserve.

The S&P 500 fell 0.2% and is just below its all-time high. The Dow Jones Industrial Average fell 110 points, or 0.3% as of 9:57 a.m. Eastern time, pulling back from the record it set on Friday. The Nasdaq composite fell 0.1%.

Keurig Dr Pepper sank 7.9% after saying it will buy Peet’s Coffee owner JDE Peet’s in a deal worth about $18 billion.

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Treasury yields rose in the bond market following their big drop on Friday amid expectations that the Fed will cut its benchmark interest rate in September.

The yield on the 10-year Treasury rose to 4.29% from 4.25% late Friday. The two-year Treasury yield rose to 3.73% from 3.70% late Friday.

European markets were mixed and Asian markets closed lower overnight.

Wall Street has a few more corporate earnings updates this week, essentially wrapping up the latest round of profit reports and forecasts from U.S. companies.

Nvidia will report its latest results on Wednesday. The company’s role as a key supplier of chips for artificial intelligence and its heavy weighting give it outsized influence as a bellwether for the broader market. It has been a driving force for much of the market’s gains, along with several other tech giants with pricey stock values.

On Thursday, Wall Street will get earnings updates from electronics retailer Best Buy and discount retailer Dollar General. Retailers are being closely watched as Wall Street tries to gauge the current and potential future impact on costs and prices from tariffs.

By HILLEL ITALIE, Associated Press National Writer

NEW YORK (AP) — A posthumous and “unsparing” memoir by one of Jeffrey Epstein’s most prominent accusers, Virginia Roberts Giuffre, will be published this fall, publishing house Alfred A. Knopf said Sunday.

“Nobody’s Girl: A Memoir of Surviving Abuse and Fighting for Justice” is scheduled for release Oct. 21, the publisher confirmed to The Associated Press. Giuffre, who died by suicide in April at age 41, had been working on “Nobody’s Girl” with author-journalist Amy Wallace and had completed the manuscript for the 400-page book, according to Knopf. The publisher’s statement includes an email from Giuffre to Wallace a few weeks before her death, saying that it was her “heartfelt wish” the memoir be released “regardless” of her circumstances.

FILE – Virginia Giuffre speaks during a news conference outside a Manhattan court in New York, Aug. 27, 2019. (AP Photo/Bebeto Matthews, File)

“The content of this book is crucial, as it aims to shed light on the systemic failures that allow the trafficking of vulnerable individuals across borders,” the email reads. “It is imperative that the truth is understood and that the issues surrounding this topic are addressed, both for the sake of justice and awareness.”

Giuffre had been hospitalized following a serious accident March 24, Knopf said, and sent the email April 1. She died April 25.

“In the event of my passing, I would like to ensure that NOBODY’S GIRL is still released. I believe it has the potential to impact many lives and foster necessary discussions about these grave injustices,” she wrote to Wallace.

In 2023, the New York Post had reported that Giuffre had reached a deal “believed to be worth millions” with an undisclosed publisher. Knopf spokesperson Todd Doughty said that she initially agreed to a seven-figure contract with Penguin Press, but moved with acquiring editor Emily Cunningham after Knopf hired Cunningham as executive editor last year.

Giuffre had stated often that, in the early 2000s, when she was a teenager, she was caught up in Epstein’s sex-trafficking ring and exploited by Britain’s Prince Andrew and other influential men. Epstein was found dead in a New York City jail cell in 2019 in what investigators described as a suicide. His former girlfriend, Ghislaine Maxwell, was convicted in late 2021 on sex trafficking and other charges.

Andrew had denied Giuffre’s allegations. In 2022, Giuffre and Andrew reached an out-of-court settlement after she had sued him for sexual assault. A representative for Andrew did not immediately return the AP’s request for comment.

“Nobody’s Girl” is distinct from Giuffre’s unpublished memoir, “The Billionaire’s Playboy Club,” referenced in previous court filings and initially unsealed in 2019. Through Doughty, Wallace says she began working with Giuffre on a new memoir in spring 2021.

Giuffre’s name has continued to appear in headlines, even after her death. In July, President Donald Trump told reporters that Epstein had “stolen” Giuffre from Mar-a-Lago, his private club in Florida where she once worked. She had alleged being approached by Maxwell and hired as a masseuse for Epstein. Maxwell has denied Giuffre’s allegations.

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Doughty declined to provide details about the Epstein associates featured in “Nobody’s Girl,” but confirmed that Giuffre made “no allegations of abuse against Trump,” who continues to face questions about Epstein, the disgraced financier and his former friend.

Knopf’s statement says the book contains “intimate, disturbing, and heartbreaking new details about her time with Epstein, Maxwell and their many well-known friends, including Prince Andrew, about whom she speaks publicly for the first time since their out-of-court settlement in 2022.” Knopf Publisher and Editor-in-Chief Jordan Pavlin, in a statement, called “Nobody’s Girl” a “raw and shocking” journey and “the story of a fierce spirit struggling to break free.”

Giuffre’s time with Epstein is well documented, although her accounts have been challenged. She had acknowledged getting details wrong, errors she attributed to trying to recall events from years ago. In 2022, she dropped allegations against Alan Dershowitz, saying in a statement at the time that she may “have made a mistake in identifying” the famed attorney as an abuser.

“’Nobody’s Girl’ was both vigorously fact-checked and legally vetted,” a Knopf statement reads.

Giuffre’s co-author on her memoir, Wallace, is an award-winning magazine and newspaper reporter whose work has appeared in The New York Times and the Los Angeles Times, among other publications. She has also collaborated on two previous books, Pixar co-founder Ed Catmull’s “Creativity, Inc.” and former General Electric CEO Jeff Immelt’s “Hot Seat.”

By SEUNG MIN KIM, Associated Press

WASHINGTON (AP) — President Donald Trump is hosting Lee Jae Myung, the new president of South Korea, at the White House on Monday for talks expected to center on trade and defense.

The first in-person meeting between the two leaders could help flesh out details of a July trade deal between the two countries that has Seoul investing hundreds of billions of dollars in the U.S. The agreement set tariffs on South Korean goods at 15% after Trump threatened rates as high as 25%.

South Korean President Lee Jae Myung, center left, and his wife Kim Hea Kyung, center right, arrive at the Haneda airport in Tokyo, Japan, Saturday, Aug. 23, 2025. (Kyodo News via AP)

Trump declared at the time that South Korea would be “completely OPEN TO TRADE” with the U.S. and accept goods such as cars and agricultural products. Automobiles are South Korea’s top export to the U.S.

Seoul has one of the largest trade surpluses among Washington’s NATO and Indo-Pacific allies, and countries where the U.S. holds a trade deficit has drawn particular ire from Trump, who wants to eliminate such trade imbalances.

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Lee’s office said in announcing the visit that the two leaders plan to discuss cooperating on key manufacturing sectors such as semiconductors, batteries and shipbuilding. The latter has been a particular area of focus for the U.S. president.

On defense, one potential topic is the continued presence of U.S. troops in South Korea and concerns in Seoul that the U.S. will seek higher payments in return.

Ahead of his visit to Washington, Lee traveled to Tokyo for his first bilateral visit as president in a hugely symbolic trip for the two nations that hold longstanding historical wounds. The summit with Japanese Prime Minister Shigeru Ishiba was interpreted by analysts as a way to show unity and potential leverage as Japan and South Korea face new challenges from the Trump administration.

Lee was the first South Korean president to choose Japan for the inaugural bilateral visit since the two nations normalized ties in 1965.

Elected in June, Lee was a former child laborer with an arm deformity who rose his way through South Korea’s political ranks to lead the liberal Democratic Party and win the presidency after multiple attempts. He succeeds the conservative Yoon Suk Yeol, whose brief imposition of martial law last December led to his stunning ouster from office.

Lee faced an assassination attempt in January 2024, when he was stabbed in the neck by a man saying he wanted Lee’s autograph and later told investigators that he intended to kill the politician.

Lee arrived in the U.S. on Sunday and will leave Tuesday. He headlined a dinner Sunday evening with roughly 200 local Korean-Americans in downtown Washington on Sunday night.

By REBECCA SANTANA, Associated Press

BRUNSWICK, Ga. (AP) — Immigration and Customs Enforcement is an agency inside the Department of Homeland Security that is integral to President Donald Trump’s vision of carrying out the mass deportations he promised during the campaign. Deportation officers within a unit called Enforcement and Removal Operations are the ones who are responsible for immigration enforcement. They find and remove people from the United States who aren’t American citizens and, for a variety of reasons, no longer can stay in the country.

Some might have gone through immigration court and a judge ordered them removed. Or they were arrested or convicted of certain crimes, or they’ve repeatedly entered the country illegally or overstayed a visa. ICE also manages a growing network of immigration detention facilities around the country where it holds people suspected of immigration violations.

Overall, its activities — and how it carries them out — have polarized many Americans in recent months.

Todd Lyons, acting director of U.S. Immigration and Customs Enforcement (ICE) speaks to the press at the Federal Law Enforcement Training Centers (FLETC) in Brunswick, Ga. on Thursday, Aug. 21, 2025 about the training program ICE officers go through. (AP Photo/Fran Ruchalski)

After years when the number of deportation officers largely remained even, the agency is now rapidly hiring. Congress this summer passed legislation giving ICE $76.5 billion in new money to help speed up the pace of deportations. That’s nearly 10 times the agency’s current annual budget. Nearly $30 billion is for new staff.

Last week, The Associated Press got a chance to visit the base in southern Georgia where new ICE recruits are trained and to talk to the agency’s top leadership. Here are details about four things ICE is doing that came out of those conversations.

ICE is surging its hiring

ICE currently has about 6,500 deportation officers, and it is aggressively looking to beef up those numbers. Acting Director Todd Lyons says he wants to hire an additional 10,000 by year’s end.

Todd Lyons, acting director of U.S. Immigration and Customs Enforcement (ICE) speaks to a group of trainees after they completed their time on the firing range at the Federal Law Enforcement Training Centers (FLETC) in Brunswick, Ga. on Thursday, Aug. 21, 2025. (AP Photo/Fran Ruchalski)

The agency has launched a new recruiting website, offered hiring bonuses as high as $50,000, and is advertising at career expos. Lyons said the agency has already received 121,000 applications — many from former officers.

New recruits are trained at the Federal Law Enforcement Training Center in Brunswick, Georgia. That’s a sprawling facility near the coast where federal law enforcement officers — not just ICE agents — from around the country live and train. ICE is looking to more than double the number of instructors who train deportation officers.

Caleb Vitello, who runs training for ICE, says it has cut Spanish-language requirements to reduce training by five weeks, and he’s been looking for ways to streamline the training and have recruits do more at the field offices where they’re assigned.

ICE is also preparing for conflict

As Trump’s effort to deport millions of people has intensified, violent episodes have unfolded as ICE seeks to arrest people. Critics have said ICE is being too heavy-handed in carrying out arrests while ICE says its people are the ones being attacked.

An Immigration and Customs Enforcement (ICE) instructor demonstrates getting a 170 lb. dummy into a position to be handcuffed on the agility course at the Federal Law Enforcement Training Centers (FLETC) in Brunswick, Ga. on Thursday, Aug. 21, 2025. (AP Photo/Fran Ruchalski)

Vitello said the agency tracks every time officers use force as well as any time someone attacks its officers. According to the agency’s data, from Jan. 21 through Aug. 5 there were 121 reported assaults of ICE officers compared with 11 during the same period last year.

Lyons said that after recent operations in Los Angeles turned violent, ICE is making gas masks and helmets standard issue for new agents. “Right now we’re seeing and we’re having to adapt to all different scenarios that we were never trained for in the past,” he said.

Lyons says the agency is also starting to send out security teams to accompany agents making arrests: “We’re not gonna allow people to throw rocks anymore, because we’re going to have our own agents and officers there to protect the ones that are actually out there making that arrest.”

And it’s beefing up specialized units for risky situations

About eight deportation officers dressed in military-style camouflage uniforms, helmets and carrying an assortment of weapons stand outside a house yelling “Police! We have a warrant!” before entering and clearing the house.

Immigration and Customs Enforcement (ICE) Special Response Team members demonstrate how the team enters a residence in the pursuit of a wanted subject at the Federal Law Enforcement Training Centers (FLETC) in Brunswick, Ga. on Thursday, Aug. 21, 2025. (AP Photo/Fran Ruchalski)

They are members of a Special Response Team taking part in a demonstration at the Federal Law Enforcement Training Center. These officers are like a SWAT team — deportation officers with special training to assist in difficult situations. They also accompany detainees the agency deems dangerous when they are deported.

“Everybody is trained to serve a warrant,” Vitello said. “These guys are trained to serve high-risk warrants.”

There are roughly 450 deportation officers with the special training to serve on these teams, and Lyons says they have been deployed to assist with immigration enforcement in Los Angeles, Portland, Oregon, and Washington.

He said he’d like to have more such units but wouldn’t put an exact number on how many. Vitello said they’re also in the process of getting more of the specially armored vehicles.

ICE teaches whom agents can arrest — and when

New recruits to ICE receive training on immigration law and the Fourth Amendment, which protects against unlawful searches. Longtime officers get regular refreshers on these topics.

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In limited situations, ICE agents are allowed to enter someone’s home. Generally when they’re seeking someone they’re trying to remove from the country, they have an administrative warrant as opposed to a criminal warrant. That administrative warrant doesn’t allow them to enter the house without first getting permission.

Vitello says the new recruits are taught about the different warrants and how the rules differ. And they’re taught how those who allowed ICE to enter their house can change their mind.

“If somebody says ‘Get out,’ and you don’t have your target, you have to leave,” he said.

Multiple videos on social media have shown ICE officers breaking car windows to pull someone out of a vehicle and arrest that person.

As ICE sees it, Vitello said, deportation officers do have the authority to arrest someone in a car or truck. Vitello said in the rare case where a target was in a motor home, officers would talk to the agency’s lawyers first to figure out what protections apply.

Advocates for immigrants and the government have often disagreed about how much authority ICE has to make those arrests and where.