In a controversial move, Trump has proposed a staggering $100,000 annual fee on H-1B visa applications, threatening the US tech industry that heavily relies on foreign talent from India and China. Critics argue this could stifle innovation and raise costs for smaller firms.
President Trump is set to impose a staggering $100,000 application fee for H-1B visas, igniting fierce debate in the tech industry. This potential policy change could drastically affect companies reliant on skilled workers from India and China.
A groundbreaking £150bn US investment package has been unveiled, promising to create over 7,600 jobs across the UK. Major players like Blackstone and Microsoft are leading the charge in this historic economic boost during Trump's state visit.
Chip stocks are on the rise following TSMC's record quarterly profit, while PepsiCo forecasts a smaller decline in annual core profit. June retail sales also show a surprising uptick, signaling strong consumer confidence.
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The stock market experienced a significant boost today as President Trump announced a 90-day pause on reciprocal tariffs, leading to a surge in tech stocks, especially Nvidia, as optimism grows about AI and trade relations.
Federal technology staffers resign en masse over Elon Musk's DOGE-related efforts, sparking a major controversy and a wave of resignations.
