Category: AP News Feed

BOSTON (AP) — A federal judge on Friday struck down a Trump administration policy enacted after the shooting of two National Guard members that made it harder for immigrants from dozens of countries to stay and enter the U.S.

In a ruling harshly criticizing the administration, U.S. District Chief Judge John McConnell Jr. said the policy “threw the lives of countless immigrants living in the United States into indeterminate legal limbo,” and he accused the U.S. Citizenship and Immigration Services of ignoring the law.

“In enacting its latest immigration policies, USCIS: claims statutory and regulatory authority that it does not possess; makes decisions without the reasoned explanations that it must provide; acts without regard for the reliance interests of applicants that it must consider; and justifies its actions with pretextual concerns of ‘national security’ that mask anti-immigrant sentiments that it is forbidden from letting influence its decision-making,” he wrote. “In legal terms that means USCIS’s actions are contrary to law and arbitrary and capricious.”

A spokesperson for the Department of Homeland Security did not immediately respond to a request for comment.

The policies enacted after the National Guard shooting last year meant that immigrants from 39 African, Asian, Latin American, and Middle Eastern countries have been “categorically barred” from receiving final decisions on, among other things, their asylum, work permit, green card, and citizenship applications.

“This ruling reaffirms a basic principle: the federal government cannot shut down lawful immigration pathways or discriminate against people based on where they come from,” said Skye Perryman, president and CEO of Democracy Forward, which represented the plaintiffs in the case. “These unlawful policies caused enormous harm to families, workers, asylum-seekers, and communities across the country who were left in limbo, unable to work, access protections, or move forward with their lives.”

The policies apply to U.S. Citizenship and Immigration Services or USCIS, which approves applications for immigrants to work and become citizens. The agency, which is within the Homeland Security Department, often grants asylum, but only for those already in the United States when they apply. Immigration judges grant asylum to those stopped at the border; the ruling does not affect them, nor do the policies that sparked the lawsuit.

The broad ruling would impact all pending cases at USCIS involving people from the travel ban countries, not just those included in the lawsuit, Shev Dalal-Dheini, senior director of government relations at the American Immigration Lawyers Association.

“It is an important legal victory to ensure that legal immigration pathways remain open and that USCIS is held accountable to doing their congressionally mandated job of adjudicating applications,” she said.

It is part of an ongoing effort by the administration to tighten U.S. entry standards for travel and immigration, which critics say unfairly prevent travel for people from a broad range of countries. The administration suggested it would expand the restrictions after the arrest of an Afghan national suspect in the shooting of two National Guard troops over Thanksgiving weekend.

In its motion to dismiss, which the court denied, the government argued that Congress gave the executive branch broad authority over immigration policy, including “the entry of aliens into the United States as well as discretion within the statutory scheme to confer as well as withdraw various discretionary benefits.”

“This case rests on a remarkable premise: that a federal court should prevent an agency from issuing the very policy guidance that provides government personnel with the guardrails necessary to ensure consistent, non-arbitrary, and individualized decisionmaking consistent with federal law,” the government wrote in its brief.

Immigration groups celebrated the ruling.

“This ruling sets a powerful precedent that the administration cannot ignore the law as laid down by Congress and cannot arbitrarily bar immigration benefits on the basis of national origin by fiat,” Jamal Abdi, president at the National Iranian American Council, said. “Fortunately, this is still a nation of laws, and those who uphold America’s values have recourse to challenge and push back on such discriminatory, arbitrary policies.”

Shawn VanDiver, a Navy veteran who heads a coalition that supports Afghan resettlement efforts called #AfghanEvac, said the ruling was a “significant victory for the rule of law and for thousands of Afghan allies and other immigrants who followed every requirement asked of them.”

“Just this week in Dallas and Fort Worth, we met people who feared losing jobs because delayed work permit renewals threatened their livelihoods, families who postponed education, travel, and homeownership because they did not know when their cases would be resolved, and future Americans who had expected to become citizens only to see their applications stall without explanation,” VanDiver said.

The operator of the S&P 500 says it has decided not to change its guidelines for when very large “MegaCap” companies are eligible for inclusion into its bevy of stock indexes.

In its announcement Thursday, S&P Dow Jones Indices said its index committee weighed responses received from a “wide range of market participants,” but ultimately decided not to make any changes to its criteria for determining when a company should be added to the S&P 500, S&P MidCap 400, or S&P SmallCap 600 indexes.

Some of the criteria for inclusion include headquarters in the United States, listing on NYSE or Nasdaq and profitability over the past year.

S&P also requires companies that complete IPOs to be traded on an “eligible exchange” for at least 12 months before they can be considered for inclusion into an index. The committee weighed shortening that requirement to six months, but opted not to do so.

The committee also decided against creating exceptions to its guidelines solely based on market capitalization, or how the stock market gauges a company’s value.

The move by S&P comes as other major U.S. index operators have taken steps to add very large companies soon after they make their stock market debut.

In March, Nasdaq announced new guidelines that allow for expediting the addition of large companies fresh off their initial public offerings into its benchmark Nasdaq 100 Index.

Nasdaq’s guideline change is meant to ensure that the index, which tracks the 100 largest, non-financial companies listed on the Nasdaq, accurately reflects the market sooner, rather than possibly months after a very large company goes public.

In its decision, S&P noted that there may be trade-offs in sticking to its guidelines for index eligibility, but said its current approach provides its indexes “substantial market coverage and sector balance.”

Many pension plans and mutual funds use S&P and Nasdaq indexes as an investing benchmark.

The moves by S&P and Nasdaq come as several of the biggest artificial intelligence companies in the U.S. are setting the stage for blockbuster IPOs this year.

Elon Musk’s SpaceX is expected to go public this month with plans to raise up to $75 billion, which would make it the largest-ever stock market debut.

Meanwhile, Anthropic, the maker of the Claude chatbot, announced Monday its plans for a proposed IPO, while OpenAI, maker of ChatGPT, is planning an IPO as soon as this fall.

SALT LAKE CITY (AP) — June is widely recognized as Pride Month, but a handful of Republican governors have bestowed alternative titles that both supporters and opponents view as counterprogramming.

Without directly saying the idea was to replace Pride, the governors of Indiana and Tennessee rebranded June as Nuclear Family Month to celebrate units made up of “one husband, one wife and any biological, adopted or fostered children.”

In Alabama, it’s Strong Families Month, intended to coincide with Father’s Day. Gov. Kay Ivey’s proclamation says fathers are “the head of the household” and “homes led by a father and mother provide children with the structure and discipline necessary to succeed throughout life.”

The governors of Utah and Arkansas deemed it Fidelity Month, which emphasizes fidelity to faith, country and family — without comment on how those families might be comprised.

Last week, Arkansas Gov. Sarah Huckabee Sanders’ X account posted a link to an article about her proclamation that declared, “Another Red State is Counter-Programming Pride Month.”

She and the other governors haven’t answered questions from The Associated Press about why their proclamations are all set in June.

Family focus for June has come on strong this year

Republican lawmakers in at least four other GOP-controlled states have introduced legislation this year calling for June to be Fidelity Month.

An organization pushing that concept was founded by Robert P. George, a Princeton University professor of jurisprudence who has long been a leader on conservative thought. His group did not respond to interview requests.

He told the National Catholic Register about the idea in 2023, saying “nobody gets a monopoly on a particular day or a particular month.”

June Pride celebrations, which often include parades, festivals and performances, began in 1970 to mark the first anniversary of the violent police raid on the Stonewall Inn, a New York City gay bar, and have since expanded to cities worldwide.

“You can call it whatever you want, but one thing you’re not going to do is take away our pride or take away our joy,” said Jordan Braxton co-president of USA Prides.

Every Democratic president since Bill Clinton in 1999 has signed a Pride proclamation each year — and no Republican president has.

Last year, President Donald Trump’s Education Department began declaring June to be Title IX Month – and using it to open investigations into schools that allow transgender students to use the bathrooms or locker rooms that align with their gender identities.

One of the few GOP governors who has proclaimed Pride is Utah’s Spencer Cox, who did so in 2021, 2022 and 2023. In 2024, he deemed June a “Month of Bridge Building” before switching to Fidelity Month this year.

A poll released this week found that a two decade-long increase in acceptance of same-sex marriages and relationships has flattened — largely because more Republicans oppose them.

Conservatives say they’re ‘reclaiming the culture’

Last year, U.S. Rep. Mary Miller, an Illinois Republican, introduced a resolution to make June Family Month — and to unrecognize Pride Month, saying “Americans are inundated with perverse Pride Month displays and events throughout the month of June that denigrate the nuclear family.” It never got a vote.

Some backers view the state measures as an opportunity for a cultural reset.

Kevin Roberts, president of the conservative Heritage Foundation, said in an interview that it’s good to have the conservative recognitions because Pride celebrations “were going so far as to make it difficult to celebrate traditional marriage.”

The resolution approved by Tennessee’s Legislature and governor does not mention Pride Month specifically, while saying the “nuclear family is under attack in our beloved State and nation.”

But Lakie Derrick, a conservative activist who authored the measure with a friend, said she did indeed target it to June to counter Pride Month, which she said “goes against” American values.

“We’re just reclaiming the culture, and there’s no better month to do that than in a month where the culture says we’re gonna celebrate something so opposite to what we know to be right,” Derrick said.

Marina Lowe, who leads legal and legislative affairs for the LGBTQ+ advocacy group Equality Utah, said that Pride Month is not the antithesis of other values-based recognitions. Many LGBTQ+ people also value faith and family, she said, so “I don’t think that these positions need to be in conflict with one another.”

In Wenatchee, Washington, a school’s Turning Point USA chapter was able to get Family Month banners posted on light poles that in the past had displayed rainbow flags during June. A local gay rights group, Out NCW, struck back by buying two billboards and passing out yard signs supporting Pride, its president, AJ Soto, said.

For some, this is why Pride Month exists

Josh Coleman, president of Central Alabama Pride, which has 42 events planned over two weeks, said the celebrations, which culminate with a parade on June 13 and festival June 14, won’t be affected by the proclamation.

“It’s not lost upon LGBTQ people when elected leaders don’t recognize or value the visibility of the community,” he said. “That’s why Pride started in the first place — to make sure the community had a community.”

Alex Richardson, chair of the board of directors at Indy Pride in Indianapolis, said he sees the governor’s proclamation there as a “swipe.” But he also believes the events there this month are celebrating some of the things the governor supports.

“Sure, the governor’s right, the nuclear family is worth celebrating,” Richardson said. “But I think so is the grandmother who raises her grandchildren, or the chosen family that shows up when a biological family can’t, or won’t, … or the weird blended households that are held together by love and effort.”

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Levy reported from Harrisburg, Pennsylvania, and Mulvihill from Haddonfield, New Jersey.

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This story has been updated to correct ‘blended family’ to ‘biological family’ in a quote by Alex Richardson.

The U.S. stock market had its worst day since October Friday as a sell-off in big technology companies weighed down the broader market and a strong jobs report boosted expectations that the Federal Reserve will be forced to hike interest rates at some point this year.

The S&P 500 sank 2.6%, its biggest one-day drop since October 10, when the Trump administration threatened to impose a 100% tariff on imported goods from China. The losses helped push the benchmark index to its first losing week in the last 10.

The Dow Jones Industrial Average fell 1.4%, while the Nasdaq composite slumped 4.2%.

Tech stocks dragged the broader market lower as companies that had powered the S&P 500 to a series of records the past two months saw losses. Nvidia fell 6.2%, Broadcom dropped 7.9% and Micron Technology slid 13.3% for the biggest loss among stocks in the S&P 500.

Shares in Meta fell 5.5% following a published report that the social media giant may seek to do a new stock offering to raise funds for spending on AI infrastructure.

Stocks within the S&P 500 were not far from being evenly split between gainers and losers. But, many of the bigger tech stocks have pricey values that tend to give them outsized influence on the broader market.

Meanwhile, bond yields jumped after a report showed the U.S. added a surprising 172,000 jobs in May, according to the Labor Department. It is the latest report showing that employment remains solid, despite the squeeze inflation is putting on businesses and consumers.

The latest reading on employment comes two weeks before Kevin Warsh heads his first policy meeting as chair of the Fed. Policymakers are widely expected to keep rates steady at the June 16-17 meeting despite pressure from President Donald Trump to lower borrowing costs. Longer-term, the market sees a better than 60% chance the Fed will push rates higher by the end of the year, according to CME FedWatch, and little to no chance of a cut.

“Any hopes of a Fed rate cut have effectively been eliminated with this morning’s strong jobs report,” said Ronald Temple, chief market strategist at Lazard, in a research note.

The yield on the 10-year Treasury rose to 4.54% from 4.50% just before the report was released. The yield on the 2-year Treasury, which more closely tracks the Fed’s actions, jumped to 4.16% from 4.04% just prior to the report.

The Fed has been holding interest rates steady as it tries to gauge the ongoing impact from rising inflation. Prices were already ticking higher from the impact of tariffs. The U.S. war with Iran has essentially blocked crude oil shipments from moving through the Strait of Hormuz.

The price of Brent crude, the international standard, fell 2% to settle at $93.09. It was about $70 per barrel before the war. The surge in oil prices prompted a jump in fuel prices. That has fueled a broader rise in inflation as prices for anything being shipped move higher and threaten to slow economic growth.

A measure of inflation preferred by the Fed showed that prices rose 3.8% overall in April. That marked the biggest increase in two years.

Wall Street has been anticipating that negotiations to end the war will eventually be successful. American and Iranian negotiators reached a tentative deal last week to extend their ceasefire, but the agreement has not been finalized.

The latest round of corporate earnings is coming to a close. Lululemon slumped 8.6% after trimming its revenue and profit forecasts.

Most reports from companies have been surprisingly good and helped Wall Street on its record run. Encouraging profits and forecasts helped overshadow lingering worries about the direction of the economy amid tariffs and high energy costs because of the U.S. war with Iran.

With earnings now in the background, analysts have been warning that the tech companies benefiting from interest in artificial intelligence may have become too expensive. That could result in a slowdown for a market that has posted a solid gain in 2026, with the S&P 500 up 7.9% for the year.

All told, the S&P 500 fell 200.57 points to 7,383.74 on Friday. The Dow dropped 695.15 points to 50,866.78, and the Nasdaq lost 1,121.53 points to close at 25,709.43.

Markets were mixed in Europe after markets in Asia fell.

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AP Business Writers Chan Ho-him and Matt Ott contributed to this report.