Bank stocks usually rise when interest rates are lowered without a recession, according to Wells Fargo’s Mayo.
Potential Rise in Bank Stocks Following Fed Rate Cut Bank stocks may see an uptick after the Federal Reserve decided to lower its primary overnight borrowing rate by a quarter point. According to Wells Fargo’s data, banks typically trend upwards following the Fed’s initial cuts during the past six rate reduction cycles, with a notable […]
‘El Mayo’ plea presents Trump with strong political advantage in cartel enforcement, says former DEA agent
Ismael Zambada’s Guilty Plea Marks a Significant Turn in Drug War Ismael “Elmayo” Zambada, a co-founder of the Sinaloa cartel, is likely to spend the rest of his life in prison, especially as the Trump administration intensifies efforts against the cartel. The 75-year-old Zambada admitted during a court session in Brooklyn, New York, that he […]
‘El Mayo’ pleading guilty strengthens Trump’s efforts against cartels
Ismael Zambada Pleads Guilty; Faces Life in Prison Ismael “Elmayo” Zambada, one of the key figures behind the Sinaloa cartel, is likely to spend the rest of his days in prison as the Trump administration amplifies its efforts against drug trafficking organizations. On Monday, Zambada, 75, admitted in a Brooklyn court to having collaborated with […]
Mexican cartel leader ‘El Mayo’ Zambada Garcia pleads guilty to drug trafficking charges in the U.S.
Ismael “El Mayo” Zambada Garcia Pleads Guilty to Federal Charges On Monday, Mexican cartel leader Ismael “El Mayo” Zambada Garcia entered a guilty plea for federal charges linked to his involvement as a co-founder of the Sinaloa Cartel. The charges include drug trafficking, money laundering, and various firearm offenses. Zambada acknowledged his guilt regarding an […]
Cinco de Mayo Celebrations Called Off Due to Concerns About ICE Raids and Deportations
Some cities have scaled back or even canceled Cinco de Mayo celebrations due to concerns about ICE raids and deportations. Hector Escobar, who leads Casapuebla and the Selmac Road Chamber of Commerce in Chicago, shared with CNN on Monday that many in his community feel “very scared” when out in public, with some even contemplating […]
CNN Features Community Leader Discussing Hispanics’ Fear of ICE Disrupting Their Cinco de Mayo Celebrations
Fear Among Latinos Influences Cinco de Mayo Celebrations CNN hosted a discussion featuring Casapuebla and Hector Escobar, the president of the Selmac Road Chamber of Commerce, who expressed that many Latinos are feeling fearful of U.S. immigration and customs enforcement, which has led to the cancellation of Cinco de Mayo events. During the segment on […]
Mayo Clinic rebrands woke DEI initiatives to dodge Trump’s ban
Mayo Clinic is rebranding its diversity, equity and inclusion initiatives as “attribution” following President Donald Trump’s executive order banning all such DEI-related programs. On inauguration day, Trump signed Executive Action.Ending radical and useless government DEI programmes, liking,“It prohibits ‘illicit and immoral discrimination programs’ within the federal government. The administration warned that it would withdraw federal […]
Cince de Mayo parade canceled in Chicago amid strict immigration enforcement
Chicago’s Cinco de Mayo will be cancelled this year due to fears of strict immigration enforcement, local organizers for the event said. The Cermak Road Chamber of Commerce, which announced it had cancelled the event on Thursday, reportedly Chicago’s Mexican community is concerned about U.S. Immigration Customs Enforcement (ICE). “Our people are scary,” says Casapuebla […]
Chicago Cancels Cinco de Mayo Parade Fearing ICE Arrests
Event organizers for the Chicago Cinco de Mayo parade have cancelled that Immigration and Customs Enforcement (ICE) officers attended and may have rounded up participants for deportation, fearing this year’s celebration. The planners have placed their responsibility straightforwardly on President Donald Trump’s immigration policy. They alleged that despite its popularity among American voters, it caused […]
Mexico May Request Jailed Cartel Kingpin ‘El Mayo’ Be Released by U.S.
Mexican President Sheinbaum has revealed that her government is studying a letter sent by imprisoned drug lord Ismael “El Mayo” Zambada. . The letter follows a series of countries' constitutions that undermine foreign investigations and actions against drug cartels despite the US government officially designating the Sinaloa cartel and five other Mexican cartels as foreign […]