Issuing a stay in the case of Perdomo v. Noem, the U.S. Supreme Court has allowed the Department of Homeland Security to continue carrying out immigration operations in the Los Angeles area.
The court ruled 6-3 in favor of the Trump Administration. With its decision, the court stayed a ruling by federal judge Maame Ewusi-Mensah Frimpong in July blocking DHS from conducting immigration sweeps in Southern California.
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Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.