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X @Forbes
Forbes· 2025-09-12 15:44
Eugene Shkolnikov’s team of nine helps immigrant families–some rich, some new refugees without much–navigate U.S. insurance, pensions, taxes and legacy planning. https://t.co/Tk5BB5A6m7 (Photo: Northwestern Mutual) https://t.co/s9Y2zX4DE6 ...
X @Bloomberg
Bloomberg· 2025-09-12 14:55
It should be obvious why indiscriminate immigration raids and ritual humiliation of detainees would deter anyone hoping to work or invest in the US (via @opinion) https://t.co/Sw7hslQdgg ...
The S&P rally could be running out of steam
Youtube· 2025-09-11 20:23
Economic Outlook - The S&P year-end target is set at 6,600, indicating limited upside potential but also no significant downside risk from current levels [1] - A potential 5 to 10% market pullback is anticipated in September due to various catalysts, including trade uncertainty [2] Labor Market Dynamics - The unemployment rate for the 18 to 34 demographic stands at approximately 10%, raising concerns about job creation for new college graduates [4] - The labor market's weakness is attributed to trade uncertainties and the impact of artificial intelligence on entry-level job availability [3] - The current job creation requirement to maintain stable unemployment is estimated at 150,000 jobs per month, but the new normal may be reduced to 50,000 to 75,000 jobs, with current figures falling below this threshold [5] Demographic Changes - The retirement of 11,000 baby boomers each month contributes to workforce demographic challenges [4] - A decline in immigration further complicates the labor market situation, impacting job availability and unemployment rates [5]
X @Bloomberg
Bloomberg· 2025-09-11 20:05
Disinformation around foreigners is rampant online in Japan, writes @GearoidReidy, filling the vacuum left by an absence of a national discussion on immigration (via @opinion) https://t.co/sQnuO4XHSx ...
X @Forbes
Forbes· 2025-09-11 15:40
How An Immigrant From Kharkiv Built A Top Northwestern Mutual Team Serving Both Russians And Ukrainians https://t.co/eTlTqxmnln https://t.co/ZNntQCyZUs ...
X @Forbes
Forbes· 2025-09-11 15:40
How An Immigrant From Kharkiv Built A Top Northwestern Mutual Team Serving Both Russians And Ukrainianshttps://t.co/TdTLuayk7j https://t.co/4hOBRpishy ...
X @Bloomberg
Bloomberg· 2025-09-11 10:18
Ghana agreed to receive deportees from the US, joining a growing list of African nations accepting undocumented immigrants who are being expelled by Trump’s administration https://t.co/6zgG9Nk7Mg ...
H-1B reality hits home; Games24x7 layoffs
The Economic Times· 2025-09-11 01:30
H-1B Visa Trends - Indian IT services exporters, including Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra, and LTIMindtree, have reduced H-1B filings by an average of 46% over five years, with TCS reporting 5,505 H-1B employees last year, second only to Amazon [3][10] - Global peers like Accenture, Capgemini, Cognizant, and IBM have also seen an average drop of 44% in H-1B filings between FY21 and FY25 [3][10] - Big Tech companies are increasing their H-1B sponsorships, with OpenAI filing 76 petitions and Anthropic filing 41 [3][10] Industry Adaptation - Indian software giants are shifting their business models by hiring locally, nearshoring to Mexico and Eastern Europe, and automating core processes due to immigration fatigue, geopolitical unease, and rising protectionism [5][12] - The proposed HIRE Act, which aims to tax US firms that outsource, could further complicate the H-1B landscape [10] Real-Money Gaming Sector - Games24x7 plans to lay off 500 employees, approximately 70% of its workforce, due to a ban on online real-money gaming [5][12] - The gaming sector is facing significant challenges, with over 2,000 professionals actively seeking new jobs following the ban [7][12] - Other companies, such as Mobile Premier League, have also laid off around 60% of their Indian staff due to the new regulations [7][12] AI in Therapy - Demand for online therapy is increasing, with startups like Docvita and Amaha Health reporting user growth of 16% and 80% year-on-year, respectively [8][12] - Startups are developing AI tools to enhance therapy services, including chatbots for matching clients with therapists [8][12]
X @The Wall Street Journal
The South Koreans detained after an immigration raid in Georgia are expected to return home on Thursday, according to government officials https://t.co/lUkl1sLwC0 ...
X @The Wall Street Journal
U.S. population growth will slow to a crawl over the next few decades as fertility rates decline and net immigration shrinks because of stricter enforcement, the Congressional Budget Office said https://t.co/Et12WqCfnk ...