Money, Wealth & Power—A Daily Look at the Financial World
A federal contract quietly reached its expiration date on Friday, and with it went the funding that pays for attorneys to represent children who crossed the border without a parent. The network it supported covers roughly 26,000 children, most of them facing removal proceedings, some of them young enough to need cartoons to understand what…
When Donald Trump signed a proclamation adding a $100,000 annual surcharge to H‑1B visa applications, he turned a long‑running policy debate into an immediate cost crisis for employers that rely on foreign talent. Tech giants, flush with cash and global footprints, are already probing legal workarounds, from shifting hires to overseas hubs to leaning on…
The United States has moved to pause immigrant visa processing for a large group of countries, a sweeping step that instantly reshapes who can start a new life in America through family or employment sponsorship. The State Department says the halt is tied to concerns about future reliance on public assistance and national security vetting,…
President Donald Trump’s decision to slap a $100,000 fee on each new H-1B worker hired from abroad has turned a long-running policy debate into a direct hit on the business model of India’s biggest IT outsourcers. The new price tag threatens to squeeze margins, unsettle investors and force companies like Tata Consultancy Services and Infosys…
Foreign holidays to New York or Los Angeles now come with a new kind of packing list: passport, return ticket, and five years of social media history. Under President Donald Trump, the United States is knitting together expanded online screening of visitors with a broader system of “continuous vetting,” turning once-routine tourism into an ongoing…
The Trump administration has turned a long-debated idea into policy reality, opening a premium immigration lane for the ultra-wealthy that trades cash for speed. The new “gold card” visa promises a fast track to U.S. residency, and eventually citizenship, for applicants willing to put at least $1 million on the table. By formally launching a…
The White House is weighing whether to widen President Donald Trump’s existing travel restrictions to a larger group of countries, a move that would deepen one of the administration’s most far‑reaching immigration policies. Officials and outside analysts are now focused on how an expanded list could reshape mobility, diplomacy, and daily life for families with…
President Donald Trump is sharpening his focus on legal immigration, urging cuts to visa programs and arguing that the current system is buckling under its own weight. His push to slim down pathways into the United States is framed as a response to pressure on public services and border management, even as business groups and…
President Donald Trump has escalated his hard line on immigration with a sweeping promise to “permanently pause” migration from what he calls “Third World Countries,” turning a long-running political fight into an existential test of how the United States defines its borders and its values. His vow, delivered in the wake of a deadly shooting…
International enrollment at U.S. colleges is sliding at a pace that would have been hard to imagine a decade ago, and the inflection point is not subtle. After President Donald Trump’s overhaul of student visa rules, new foreign student numbers have dropped sharply, reshaping campus finances and the country’s talent pipeline in the process. I…