Money, Wealth & Power—A Daily Look at the Financial World
A new Democratic report from the Senate Foreign Relations Committee minority says some Trump-era deportations to third countries cost taxpayers up to $1 million per migrant, driven by charter flights and months of overseas detention. The report examines secretive agreements through Jan. 2026 and estimates total third-country removals at likely upward of $40 million, including…
Palantir Technologies turned 2025 into a breakout year, reporting $3.12 billion in total revenue and tying much of that growth to government work that includes immigration enforcement and deportations. The company’s financial story is now inseparable from its long-running contracts with U.S. Immigration and Customs Enforcement, where its software helps knit together data for arrests…
In Minneapolis and Saint Paul, small business owners say the latest ICE enforcement surge is emptying dining rooms, thinning work crews, and spreading fear far beyond the people agents actually arrest. Their concerns have now collided with a major legal move, as Minnesota’s top lawyer and the Twin Cities’ two largest cities try to slow…