Friday evening saw a series of significant political, economic, and international developments. The US administration advanced a multibillion-dollar weapons package for Israel, while the Senate rejected competing stopgap funding bills, bringing the government closer to a potential shutdown. In the private sector, Elon Musk’s artificial intelligence startup xAI reached a…
President Donald Trump is poised to sign a proclamation as soon as Friday that would significantly overhaul the H-1B visa program, according to a Bloomberg report. This would impose a $100,000 application fee in an effort to curb what the administration says is widespread abuse of the system. The White…
US President Donald Trump has thrown a curveball into America’s high-skilled immigration system. On Friday, he announced a $100,000 annual fee for companies seeking to sponsor H-1B visa workers, a seismic jump from the existing $215 charge. Pitching the move as a way to ensure that only “exceptional talent” fills…
A cyberattack jolted Europe’s travel scene early Saturday, leaving airports scrambling and passengers anxious.At Heathrow, Brussels, and Berlin, check-in monitors flickered out, and flights were grounded. It wasn’t business as usual as lines snaked across terminals while airport staff scrambled to figure out workarounds.The trouble came out of nowhere, hitting…
US President Donald Trump announced plans for a drastic hike in the H-1B visa fee, slapping a $100,000 annual charge on these work visas.This is going to be a huge jump from the previous fee, which was just a few hundred dollars. The move is part of Trump’s plan to…
US President Donald Trump announced a shocking hike in H-1B visa fees to $100,000, sending shockwaves through the global tech and business community.For Indian professionals, the news hit particularly hard. Indians account for over 70% of all H-1B visa holders, and for decades, this program has been their primary pathway…
US stocks extended their rally on Friday, with all major indices hitting fresh record highs following the Federal Reserve’s decision to cut interest rates.The small-cap Russell 2000 index joined the broader market in scaling new peaks.The Fed’s quarter-point rate cut on Wednesday, which lowered the federal funds rate to a…
The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is doing relatively well this year, and is hovering at its all-time high as demand among investors jumped. HYG stock was trading at $81.23, up by 10% above the lowest level this year. HYG ETF has flipped SCHD in total returnsMost…
Apple stock gained ground Friday as the company’s latest generation of iPhones officially hit store shelves worldwide, with early demand indicators suggesting stronger-than-expected consumer appetite.iPhone 17 launch and market responseThe new lineup — which includes the slimmed-down iPhone 17 Air alongside the premium Pro and Pro Max models — became…
Santa Clara-headquartered Oklo Inc (NYSE: OKLO) surged another 20% this morning – extending a blistering rally that now has the nuclear-tech firm trading at 4.5x its price at the start of 2025.The latest catalyst? A landmark nuclear energy agreement between the White House and Downing Street aimed at accelerating deployment…