Book reviews: Hopelessness and hope in ‘Salt Bones’; ‘Witch’s Orchard’ unpacks small-town secrets

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‘Salt Bones’ by Jennifer Givhan; Little, Brown; 384 pages; $29

The toxicity of the land surrounding moribund El Valle on the edge of the Salton Sea flows into the relationships of family, friends and neighbors who live in the area on the California/Mexican border in Jennifer Givhan’s outstanding “Salt Bones.”

It works well as a story of family drama, revenge, compromise, folklore, loss and limitations. It is both a novel about hopelessness and hope, as Givhan moves her characters on a journey of self-realization and anticipation of the future. Givhan also works in a look at Mexican and indigenous cultures.

Malamar “Mal” Veracruz always wanted to leave El Valle but never could quite make that leap. Here is where she raised her two daughters, where parents and extended family live. And here is where her teenage sister went missing years ago. The police did little to help, believing the Mexican American teenager was “loose,” perhaps leaving with a boyfriend.

(Little, Brown/Courtesy)

Through the years, Mal has endured her mother’s inexplicable loathing toward her and her younger brother, Benny, who was born the night her sister vanished. Her mother’s disdain makes Mal even more determined to protect her daughters, to give them goals beyond the area. Her sister’s disappearance has always weighed on Mal but lately even more so. Mal’s recent dreams about the legend of a horse-headed woman intensify when another girl vanishes.

Givhan’s strong storytelling and affinity at creating a complete world shine in “Salt Bones.”

Archer Sullivan’s series debut takes a deep look at small-town secrets, isolated people and folklore. (Matt Kallish/Courtesy)

‘The Witch’s Orchard’ by Archer Sullivan; Minotaur; 320 pages; $28

Mountain people have their own ways and culture, hanging onto old traditions and how they speak, as Archer Sullivan persuasively shows in “The Witch’s Orchard.”

This series debut takes a deep look at small-town secrets, isolated people and folklore helmed by the insightful private investigator Annie Gore, who “gets” these mountain people quite well as she grew up among them.

Ten years ago, three girls younger than 6 vanished weeks apart in broad daylight from the Appalachian town of Quartz Creek, North Carolina, “a little run-down mountain town.” One child, Olivia, came back but was nonverbal, so she was unable to say where she had been or with whom.

Max Andrews was 8 years old when his 4-year-old sister, Molly, was taken from their home while he was in the middle of a piano lesson and their mother was gardening. The disappearances affected all the families, but especially Max’s family. Three years later, Max’s mother killed herself; his father got rid of most furniture and personal items in the house. He now seldom sleeps there.

(Minotaur/Courtesy)

Max has never been able to move forward. Now 18, he still lives in the family home and keeps a thick scrapbook of the disappearances. He tries to ignore the numerous college acceptance letters he’s received, most of which are offering a full scholarship. Through the years, Max has saved his allowance and money from odd jobs to hire a private investigator to find Molly.

Annie, a former Air Force special investigator, tells Max she doubts she will discover what happened to Molly. But he insists. Annie’s presence seems to draw out secrets as she tries to earn the trust of the residents.

Sullivan delivers a complete representation of the North Carolina region as well as the insular town’s myths and struggles. The author overlays the bleak downtown’s empty storefronts, the rundown houses and harsh economics with the landscape’s sheer beauty.

Annie makes a formidable heroine with her rough childhood and military background combined to shape her. Her intelligence and insight shine in “The Witch’s Orchard.” A sequel would be most welcomed.

Wall Street edges lower in its final moves ahead of a speech by the Federal Reserve’s head

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By STAN CHOE, Associated Press Business Writer

NEW YORK (AP) — U.S. stock indexes are edging lower on Thursday as Wall Street makes its final moves before the head of the Federal Reserve gives a highly anticipated speech on Friday that could hint at where interest rates are going.

The S&P 500 dipped 0.2% following four straight modest loss since it set an all-time high last week. The Dow Jones Industrial Average was down 101 points, or 0.2%, as of 10:35 a.m. Eastern time, and the Nasdaq composite was 0.1% lower.

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Walmart was one of the market’s biggest movers and fell 4.4% after reporting a profit for the spring that came up short of analysts’ expectations, while Big Tech stocks were holding a bit steadier following two days of sharp swings.

The moves were a little stronger in the bond market, where Treasury yields rose after a report forced Wall Street to scale back hopes that the Federal Reserve may soon deliver relief by cutting interest rates.

The report suggested growth in U.S. business activity is accelerating and hit its fastest rate so far this year. That’s good news for the economy, but the preliminary data from S&P Global also said tariffs helped push up average selling prices at the fastest rate in three years. That’s a discouraging sign for inflation.

Taken all together, such data has historically aligned more with the Federal Reserve considering a hike in interest rates, rather than a cut, according to Chris Williamson, chief business economist at S&P Global Market Intelligence.

Virtually no one expects a rate hike to happen soon, but the overwhelming expectation on Wall Street has been for coming cuts. Traders are betting on a three-in-four chance that the Fed will lower its main interest rate at its next meeting in September, according to data from CME Group. The hope on Wall Street has been that Fed Chair Jerome Powell may give some hints on Friday that easier rates may be coming.

He will be speaking in Jackson Hole, Wyoming, at an annual conference of central bankers that’s been home to big policy announcements in the past.

A cut in interest rates would be the first of the year, and it would give investment prices and the economy a boost by making it cheaper to borrow to buy houses, cars or equipment. But it could also risk worsening inflation.

The Fed has so far been hesitant to cut interest rates out of fear that President Donald Trump’s tariffs could push inflation higher, but a surprisingly weak report on job growth across the country earlier this month suddenly made the job market a bigger worry. Trump, meanwhile, has angrily been pushing for cuts to interest rates, often personally attacking Powell while doing so.

The yield on the 10-year Treasury rose to 4.32% from 4.29%. The two-year Treasury, which moves more on expectations for what the Federal Reserve will do with short-term interest rates, climbed to 3.77% from 3.74%.

On Wall Street, Walmart was one of the heaviest weights on the market following its profit report. It delivered encouraging growth in revenue and raised its forecast for profit over its full fiscal year, but analysts said the market’s expectations were high coming into the report.

The Bentonville, Arkansas, company’s stock came into the day with a gain of 13.5% for the year so far, well above the rest of the market.

Big Tech stocks are under even more pressure to deliver bigger profits amid criticism that their stock prices ran too high, too fast and have become too expensive because of the frenzy around artificial-intelligence technology.

Several AI superstar stocks have swung sharply this week, taking some shine off their skyscraping surges for the year, because of such criticism. But they were holding a bit steadier on Thursday.

Nvidia, the chip company that’s become the poster child of the AI boom, rose 0.2%. Palantir Technologies, which at one point on Wednesday was on track to fall more than 9% for a second straight day before paring its loss, slipped 0.3%.

Coty tumbled 19.4% after the beauty products company reported a loss for the latest quarter, when analysts expected a slight profit. The company, whose brands include CoverGirl and Joop!, said uncertainty about tariffs and the economy are making retailers cautious in their orders.

On the winning side of Wall Street was Nordson, which makes products and systems used for precision dispensing and other things. It delivered profit and revenue for the latest quarter that topped analysts’ expectations, and its stock rose 6.5%.

In stock markets abroad, indexes were mixed across much of Europe and Asia.

Germany, Europe’s largest economy, saw its DAX remain roughly flat after the U.S. and European Union officials offered a framework for their trade deal.

Japan’s Nikkei 225 fell 0.6% after a survey showed Japan’s factory activity contracted again in August.

AP Writers Teresa Cerojano and Matt Ott contributed.

Uganda agrees deal with US to take deported migrants if they don’t have criminal records

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KAMPALA, Uganda (AP) — Uganda has agreed a deal with the United States to take deported migrants on condition that the deportees should not have criminal records and not be unaccompanied minors, officials said Thursday.

The Ugandan foreign affairs ministry in a statement said the “two parties are working out the detailed modalities on how the agreement shall be implemented.”

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Uganda also expressed a preference that those brought into the country should be of African nationalities.

It was not clear if the agreement had been signed but the ministry statement said it had been “concluded.”

International Relations Minister Henry Okello Oryem told The Associated Press that while Uganda is known globally for its benevolent refugee policy, there are limits.

And he questioned why the country would take people rejected by their own countries.

“We are talking about cartels: people who are unwanted in their own countries. How can we integrate them into local communities in Uganda?” he asked.

He said the government was in discussions about “visas, tariffs, sanctions, and related issues, not accepting illegal aliens from the U.S. That would be unfair to Ugandans.”

In July, the U.S. deported five men with criminal backgrounds to the southern African kingdom of Eswatini and sent eight more to South Sudan.

Appeals court throws out massive civil fraud penalty against President Donald Trump

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By JENNIFER PELTZ and MICHAEL R. SISAK Associated Press

NEW YORK (AP) — An appeals court has thrown out the massive civil fraud penalty against President Donald Trump, ruling Thursday in New York state’s lawsuit accusing him of exaggerating his wealth.

The decision came seven months after the Republican returned to the White House. A panel of five judges in New York’s mid-level Appellate Division said the verdict, which stood to cost Trump more than $515 million and rock his real estate empire, was “excessive.”

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After finding that Trump engaged in fraud by flagrantly padding financial statements that went to lenders and insurers, Judge Arthur Engoron ordered him last year to pay $355 million in penalties. With interest, the sum has topped $515 million.

The total — combined with penalties levied on some other Trump Organization executives, including Trump’s sons Eric and Donald Jr. — now exceeds $527 million, with interest.

“While the injunctive relief ordered by the court is well crafted to curb defendants’ business culture, the court’s disgorgement order, which directs that defendants pay nearly half a billion dollars to the State of New York, is an excessive fine that violates the Eighth Amendment of the United States Constitution,” Judges Dianne T. Renwick and Peter H. Moulton wrote in one of several opinions shaping the appeals court’s ruling.

Engoron also imposed other punishments, such as banning Trump and his two eldest sons from serving in corporate leadership for a few years. Those provisions have been on pause during Trump’s appeal, and he was able to hold off collection of the money by posting a $175 million bond.

The court, which was split on the merits of the lawsuit and the lower court’s fraud finding, dismissed the penalty Engoron imposed in its entirety while also leaving a pathway for further appeals to the state’s highest court, the Court of Appeals.

The appeals court, the Appellate Division of the state’s trial court, took an unusually long time to rule, weighing Trump’s appeal for nearly 11 months after oral arguments last fall. Normally, appeals are decided in a matter of weeks or a few months.

New York Attorney General Letitia James, who brought the suit on the state’s behalf, has said the businessman-turned-politician engaged in “lying, cheating, and staggering fraud.”

Trump and his co-defendants denied wrongdoing. In a six-minute summation of sorts after a monthslong trial, Trump proclaimed in January 2024 that he was “an innocent man” and the case was a “fraud on me.” He has repeatedly maintained that the case and verdict were political moves by James and Engoron, who are both Democrats.

Trump’s Justice Department has subpoenaed James for records related to the lawsuit, among other documents, as part of an investigation into whether she violated the president’s civil rights. James’ personal attorney, Abbe D. Lowell, has said that investigating the fraud case is “the most blatant and desperate example of this administration carrying out the president’s political retribution campaign.”

Trump and his lawyers said his financial statements weren’t deceptive, since they came with disclaimers noting they weren’t audited. The defense also noted that bankers and insurers independently evaluated the numbers, and the loans were repaid.

Despite such discrepancies as tripling the size of his Trump Tower penthouse, he said the financial statements were, if anything, lowball estimates of his fortune.

During an appellate court hearing in September, Trump’s lawyers argued that many of the case’s allegations were too old, an assertion they made unsuccessfully before trial. The defense also contends that James misused a consumer-protection law to sue Trump and improperly policed private business transactions that were satisfactory to those involved.

State attorneys said the law in question applies to fraudulent or illegal business conduct, whether it targets everyday consumers or big corporations. Though Trump insists no one was harmed by the financial statements, the state contends that the numbers led lenders to make riskier loans than they knew, and that honest borrowers lose out when others game their net-worth numbers.

The state has argued that the verdict rests on ample evidence and that the scale of the penalty comports with Trump’s gains, including his profits on properties financed with the loans and the interest he saved by getting favorable terms offered to wealthy borrowers.

The civil fraud case was just one of several legal obstacles for Trump as he campaigned, won and segued to a second term as president.

On Jan. 10, he was sentenced in his criminal hush money case to what’s known as an unconditional discharge, leaving his conviction on the books but sparing him jail, probation, a fine or other punishment. He is appealing the conviction.

And in December, a federal appeals court upheld a jury’s finding that Trump sexually abused writer E. Jean Carroll in the mid-1990s and later defamed her, affirming a $5 million judgment against him. The appeals court declined in June to reconsider; he still can try to get the Supreme Court to hear his appeal.

He’s also appealing a subsequent verdict that requires him to pay Carroll $83.3 million for additional defamation claims.

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