Donald Trump's anti-immigration crusade has once again run face first into the courts. Overnight, the Ninth Circuit uh court affirmed a lower court's finding that immigration raids in Los Angeles appear to rely on racial profiling. The decision temporarily halts federal agents from making immigration related arrests in the LA area without probable cause. The tactics that ICE have been using to make their arrests are also coming under increased scrutiny. More and more videos are emerging, like this one from ...

Market Rally & Earnings - S&P 500 自 4 月以来上涨约 30%，部分原因是关税对核心利润的影响小于预期 [5][6] - 标普 500 指数基于未来 12 个月盈利的市盈率高于 5 年和 10 年平均水平，引发了估值辩论 [7] - 德意志银行认为，尽管盈利增长，但投资者的股票配置仍处于中性水平，表明市场仍有上涨空间 [8][9] - 摩根士丹利指出，自 4 月以来，提高盈利预期的公司与降低盈利预期的公司相比，出现了 V 型复苏，表明股市上涨有基本面支撑 [3][4][5] Economic Factors & Risks - 经济学家们认为，移民限制导致的外国出生劳动力减少，可能对劳动力市场构成风险，影响工资、失业率和整体经济增长 [12][13][14][15] - 企业估值相对于经济利润而言，估值过高，与 2000 年互联网泡沫时期的情况类似 [16] - 投资者为人工智能的特殊性支付了高溢价，但如果盈利未能兑现，可能会导致股票估值过高 [21] Sector Composition & Performance - 标普 500 指数中，必需消费品、能源、医疗保健和公用事业等防御性行业的权重已从 30 年前的 40% 降至约 22% [23][24] - 巴克莱银行指出，大型科技公司的近期盈利增长超过了股价涨幅，表明如果盈利继续超出预期，这些股票可能还有上涨空间 [27][28][29]

Meet America's Richest Immigrants 2025A record 125 foreign-born U.S. citizens are billionaires living in the United States. They hail from 41 countries but became rich in America.Read more: https://t.co/Dl9vGVo6Ok https://t.co/30jryvBNQn ...

Demographics - A record 125 foreign-born U S citizens are billionaires living in the United States [1] - These billionaires come from 41 countries [1] Wealth Origin - These individuals became rich in America [1]

Meet America's Richest Immigrants 2025A record 125 foreign-born U.S. citizens are billionaires living in the United States. They hail from 41 countries but became rich in America.Read more: https://t.co/Dl9vGVo6Ok https://t.co/XrN9wks5KH ...

Labor Market & Economy - The labor market shows signs of weakening, with the prime age employment rate (25-54 years old) down approximately 0.5 percentage points compared to the previous year, which is atypical for a strong economy [2] - College unemployment rates are increasing, suggesting that rationalizations of the jobs data, such as attributing it to immigration, may be flawed [3] - Real personal consumption has decreased in the first six months of the year, a fact that is not widely recognized [6] Consumer Spending & Housing - The housing sector is experiencing a recession, indicated by a sharp decline in single-family permits [6] - Consumers are financially vulnerable, with real spending declining, including a notable weakening in services [6][7] - Consumers may lack the capacity to absorb higher prices, potentially leading the Federal Reserve to consider rate cuts [5] Monetary Policy & Inflation - The Federal Reserve faces a challenging situation as inflation numbers might worsen during the summer [4] - Nominal incomes are slowing, providing a solid basis for policymakers like Governor Waller [4] - Broad capital expenditure (capex) outside of AI technology is expected to be sluggish due to companies' less optimistic outlook [7]

Congressman Brian Style began his town hall in the town of Elhorn with the pledge of allegiance during which the crowd emphasized the last words and justice for all. [Applause] Striking moment there. Later, several attendees expressed their disappointment with the congressman, including one person who asked why he was not stopping ICE raids by masked agents targeting immigrants.Why are they wearing masks and why are they unidentified. [Applause] We we'll probably agree to disagree on some of my answer here, ...

Immigration Policy & Oversight - A dozen House Democrats are suing the Trump administration over restricted access to immigration detention facilities, arguing a new DHS policy requiring one week's notice infringes on congressional oversight [1] - The lawsuit challenges ICE guidance on congressional visits, asserting it hinders lawmakers' ability to oversee the executive branch [2][3] - Reports indicate nonviolent, noncriminal immigrants are being detained in inadequate ICE facilities lacking basic necessities [3] - ICE received $45 billion for detention, raising concerns about the treatment of immigrants compared to criminals [4] - There are concerns about masked, unidentified agents detaining immigrants, including those with legal visas and green cards, contradicting promises to target convicted criminals [6][7] - A bill called the No Secrets Police Act has been introduced to unmask ICE [12] Legal & Ethical Concerns - The administration is accused of abusing power and disregarding the law regarding immigration and Homeland Security [12] - Concerns are raised about the lack of due process for detained immigrants, including limited access to legal counsel [6][8] - The Department of Justice is perceived as acting in Donald Trump's personal interests rather than for the American people or the rule of law [13]

Regardless of one's views on immigration, the dismissal of a federal lawsuit against Chicago for its sanctuary city policies upholds a key principle of democracy, @StepCarter says (via @opinion) https://t.co/R80Z1RIhxP ...

One Republican congressman ventured beyond the beltway and went back to his district in Wisconsin where he was met with consistent booze and jeers during a town hall last night in his home district over his support for President Trump's policies. Congressman Brian Style began his town hall in the town of Elhorn with the pledge of allegiance during which the crowd emphasized the last words and justice for all. [Applause] Striking moment there.Later, several attendees expressed their disappointment with the c ...