04.29.2025

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Sanctuary Cities Targeted

President Donald Trump signed an executive order yesterday directing the Departments of Justice and Homeland Security to compile a list of sanctuary cities and states within 30 days. The order seeks to identify areas not fully complying with federal immigration laws; these areas could lose federal funding or face lawsuits if they don't revise their practices. 

Sanctuary jurisdictions limit the involvement of local police in enforcing federal immigration policies. At least a dozen states—including New York and California—and hundreds of cities have statutes prohibiting local law enforcement, to some degree, from cooperating with federal requests to detain migrants or share information on noncitizens (see map). Advocates say such measures are designed to build trust between immigrant communities and local law enforcement, while critics say they allow cities and states to undermine federal authority.

The order comes after the Trump administration sued Illinois, Chicago, and Cook County in February over their sanctuary laws and after a federal judge last week blocked the administration from denying funding to such cities. 

Separately, today is Trump's 100th day in office. See an overview here. 

Iberian Peninsula Blackout

Spain, Portugal, and parts of France were hit by widespread power outages yesterday, impacting tens of millions of people. Power has since been restored in many parts of Spain and France. Restoration of power in Portugal could take longer as the country’s main energy provider warns it must navigate a more complicated grid. 

The cause of the outages was not immediately clear, though investigators have largely ruled out a cyberattack. Portugal’s grid operator suggested induced atmospheric vibration was to blame, a phenomenon whereby extreme temperature changes can cause especially high-voltage lines to oscillate. 

Transportation was disrupted across Spain and Portugal, with operations at major airports interrupted, traffic lights out, and hundreds of flights and trains canceled or delayed. Hospitals stopped routine work, and banks and schools were closed. The Madrid Open postponed tennis matches, with Coco Gauff interrupted mid-interview (w/video).

Kardashian Jewelry Heist

A trial opened in Paris yesterday for 10 suspects accused of robbing media personality Kim Kardashian at gunpoint during Paris Fashion Week in 2016. The suspects—nine men and one woman, many in their 60s and 70s—allegedly stormed Kardashian’s hotel suite while her bodyguard was away, tied her up, and stole roughly $6M in jewelry, including her $4M engagement ring from then-husband Kanye West.

Prosecutors say five men disguised as police officers forced a night concierge to lead them to Kardashian’s room, where she was gagged, bound, and locked in a bathroom. The robbers escaped on foot and by bicycle. DNA found on zip ties and tape used to restrain Kardashian later led to the suspects’ arrests. Of the original 12 defendants, one has died and another, suffering from advanced dementia, has been deemed unfit to stand trial. Five are charged with carrying out the heist, and five with serving as accessories.

The trial is scheduled to run until May 23, with Kardashian set to testify in person May 13.

In partnership with Mode Mobile

This Tech Company Grew 32,481% in 3 Years

In partnership with Mode Mobile

From Selling Pokémon to Disrupting $1T Market

Mark Cuban delivered papers, Warren Buffett sold packs of gum, Richard Branson bred parakeets … Today’s wealthiest business leaders started their entrepreneurial journeys at a young age. 

And Dan Novaes is no different. From selling Pokémon cards to founding Mode Mobile, Novaes’ EarnPhone led to $325M+ in savings for over 45M+ users. His company was ranked #1 fastest-growing in software by Deloitte in 2023 and you can still invest in their pre-IPO offering. Last chance to invest at $0.26/share – price changes May 1.*

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