Imagine paying $100,000 on top of an annual salary just to hire one worker because that is the new fee Trump has added to the H-1B visas. This came in an executive order on September 19th. This will ensure that the people they're bringing in are actually very highly skilled and that they're not replaceable by American workers.Before Trump added his new $100,000 fee, H-1B visas were anywhere from 1,700 to $5,000. That's an almost 2,000% increase. H-1B visas help American companies hire highly skilled foreign ...

We go now live to the White House where President Trump has signed an executive order, clearing the way for a deal to sell Tik Tok's US assets to some US investors. >> Decisions based on what's good for their business as opposed to what's good for another government's propaganda arm. So that's what we've done with this deal.I think it's very good for the American people. And as the president said, young people love this. We actually want everybody to access this whether they're they're MAGA or not.We just w ...

Tik Tok. The company will be valued around $14 billion. This is going to be American operated all the way.No, Michael Dell's involved and Rupert Murdoch's involved, including Larry Ellison and Oracle, I guess, is going to be a very play a very big role in terms of security, safety, and everything else. It's a blue chip group of investors and uh we'll be announcing more about who exactly is involved in the deal in the in the days to. ...

[Music] That's the closing bell on Wall Street and now it's market domination overtime. We're giving you full team coverage of all the moves to get you up to speed on the action from today's trade. Yahoo.Finances Jared Blickery joining us now to break down the market action. Jared, >> thank you Josh. three down days in a row.And also, I would add that this is the worst week on track for the worst week since the beginning of August. That would be August 1st. Kind of a nasty day there in and of itself.But let ...

This is one of the uh most impressive cases of fake it till you make it from Silicon Valley. That's a well-worn tradition in Silicon Valley to make big promises and hope that you can fulfill them. And that's what OpenAI is doing here as a baseline.A company that's going to have 12 billion dollars of revenue this year, lose tens of billions of dollars, and is making commitments that by their count are now half a trillion dollars, $500 billion. The likelihood that they'll be able to live up to those commitmen ...

I get to talk to customers all the time. >> You actually pick up the phone. >> I love it. And I get to learn so much from them. >> And lots of this is like just listening to them, hearing about how their experience was and then figuring out how we can make it better. Howdy y'all. I'm Elizabeth Gore. Welcome to The Big Idea from Yahoo Finance, the show that navigates the world of small business and entrepreneurship. All businesses start with one light bulb moment, and I'm going to take you on a journey with ...

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I I want to ask about Oracle in particular because Oracle seems like it's on top of the world right now, right. It's been, you know, it looks like it's going to get part of this US slice of Tik Tok. Um it's been signing these new deals.There's the whole Stargate situation. Um but it sounds like you have some reservations about all of that. >> Yeah.So again, let's separate what's uh what's real valuable and and what's uh a little bit of a speculation. Uh Oracle getting the Tik Tok business is a windfall. uh ...

Let's get more on that burst of positive economic news out this morning. Refllies inflation adjusted GDP for the second quarter came in at a healthy 3.8%. That was stronger than the 3.3% figure that was previously reported.And meanwhile, in a sign of strength for the labor market, initial jobless claims edged lower to 218,000 and July existing home sales, which just crossed ticked higher to just over 4 million. So, how does the US economy keep chugging along amid what seems like a drum beat of dire predicti ...

Some of that tariff money that we made, we're going to give it to our farmers who are for a little while going to be hurt until it kicks in. The tariffs kick into their benefit. ...