Why Trump’s $100,000 Charge Won’t Fix the Problems with Skilled Worker Visas

High-Skilled Visa Overhaul: Why Trump’s $100,000 Fee Misses the Mark Longstanding Problems with H-1B Visas For decades, policymakers have debated how to curb exploitation of the H-1B system. Yet, when the Trump administration introduced sweeping changes, it largely bypassed many of the practical reform ideas that had been circulating for years. Employers initially reacted with shock, but quickly shifted toward either adapting strategies or preparing lawsuits. Many were left frustrated…

Young Professionals Back Mamdani in New York Mayoral Race Rising Costs Push Affluent Voters Toward Change Despite high-paying jobs in tech, law, and finance, many young New Yorkers say the cost of living is increasingly unbearable. That frustration has translated into support for Zohran Mamdani, the democratic socialist candidate whose campaign for mayor has unsettled traditional business leaders. While critics dismiss Mamdani as too radical, many white-collar Gen Z and…

Fed’s Rate Cuts After Pause: A Boon for Stocks, but Risks Loom A Turning Point for Monetary Policy After a nine-month pause, the Federal Reserve decided this Wednesday that it was time to lower interest rates again. Markets had been waiting for this moment with anticipation — and history suggests their optimism may not be misplaced. Past patterns show that rate cuts following extended breaks have often boosted stocks. Political…

Norway’s Leap From Electric Cars to Electric Planes A New Horizon in Green Aviation Norway, long known as the European capital of electric cars, is now turning its focus skyward. The oil-rich Scandinavian nation envisions a future where short domestic flights, often linking remote islands, are powered by electricity. Recently, a sleek white aircraft resembling a dragonfly – the Alia CX300 – completed a historic test flight across the Norwegian…

Major Job Market Revisions Raise Concerns Over Labor Strength Fewer Jobs Than Reported Preliminary revisions suggest the U.S. economy may have created nearly one million fewer jobs in 2024 and early 2025 than initially estimated. The updated figures cast doubt on the labor market’s strength, which until recently had been seen as one of the economy’s few bright spots. The Bureau of Labor Statistics (BLS) released the revised data as…

Amazon Scales Back Prime Shipping Sharing What’s Changing? Amazon is shutting down a little-known but long-running perk that allowed Prime members to extend free shipping to someone outside their household. The program, called Prime Invitee, will officially end on October 1, just before the holiday shopping rush. Launched in 2009 and closed to new sign-ups in 2015, Prime Invitee let members give a pared-down Prime account to a friend or…