[Music] Major companies uh rushing now to respond after President Trump announced plans late last week to impose a $100,000 fee on H1B visas. These are used by corporations to bring highly skilled workers into the US. Some tech companies and banks scrambling over the weekend as a result of it.They're warning employees not to leave the United States or quickly return from overseas. [Music] the H-1B issue and the uh extra charge on top of that. How does that position the US in terms of competitiveness.What ar ...

Core Viewpoint - The announcement of a significant increase in H-1B visa fees to $100,000 by US President Donald Trump has created considerable concern within the global tech and business sectors, particularly affecting Indian professionals who represent over 70% of H-1B visa holders [1] Group 1 - The new fee structure for H-1B visas is expected to impact the hiring practices of companies that rely on foreign talent, especially in the technology sector [1] - Indian professionals, who have historically utilized the H-1B visa program as a primary means to advance their careers in the US, are likely to face increased barriers to entry [1] - The change in visa fees may lead to a reevaluation of talent acquisition strategies among firms that depend heavily on H-1B visa holders [1]

Romanian arrivals have provided the latest boost https://t.co/4lr0ZP4pdt ...

Another potential uh either roadblock or opportunity uh is talent, right. You got to have the right people to build this stuff, to design this stuff, etc. Uh immigration is a part of that, Jensen. There have been some moves, some announcements over the past few days about that.How does that position the US. Maybe the H-1B issue and the uh extra charge on top of that. How does that position the US in terms of competitiveness.What are your thoughts on where we need to go. We want all the brightest minds to co ...

Another potential uh either roadblock or opportunity uh is talent, right. You got to have the right people to build this stuff, to design this stuff, etc. Uh immigration is a part of that, Jensen. There have been some moves, some announcements over the past few days about that.How does that position the US. Maybe the H-1B issue and the uh extra charge on top of that. How does that position the US in terms of competitiveness.What are your thoughts on where we need to go. We want all the brightest minds to co ...

Another potential uh either roadblock or opportunity uh is talent, right. You got to have the right people to build this stuff, to design this stuff, etc. Uh immigration is a part of that, Jensen. There have been some moves, some announcements over the past few days about that.How does that position the US. Maybe the H-1B issue and the uh extra charge on top of that. How does that position the US in terms of competitiveness.What are your thoughts on where we need to go. We want all the brightest minds to co ...

Core Viewpoint - New Federal Reserve governor Stephen Miran advocates for a reduction in interest rates by approximately 2 percentage points, arguing that current rates are excessively high and could harm the US economy [1][2]. Group 1: Interest Rate Policy - Miran believes the appropriate level for the Fed's policy rate should be in the mid-2 percent range, significantly lower than the current 4.0% to 4.25% [1]. - He has proposed five additional rate cuts for this year, contrasting with the median expectation of two cuts for 2025 among his colleagues [2]. Group 2: Immigration and Economic Impact - Miran highlights a shift in US border policy, suggesting that reduced immigration is not being adequately factored into economic assessments, which may lead to misconceptions about the restrictiveness of the Fed's policy rate [3]. - He anticipates that up to 2 million illegal immigrants may leave the country by year-end, potentially lowering annual population growth from 1% to 0.4%, which could exert downward pressure on inflation [4]. Group 3: Inflation Expectations - Miran predicts that rent inflation in the Consumer Price Index will decrease from approximately 3.5% to below 1.5% by 2027, which would correspond to a 0.3 percentage point decline in the Fed's preferred inflation measure, the Personal Consumption Expenditures Index, currently at 2.9% [5]. - He emphasizes the importance of maintaining the Fed's 2% inflation target while cautioning against overly restrictive policies that could jeopardize employment [5]. Group 4: Colleague Perspectives - St. Louis Fed president Alberto Musalem supports recent rate cuts as a precautionary measure to mitigate unemployment risks but warns of limited capacity for further cuts without risking inflation [6].

H-1B Visa Policy Impact - The introduction of a $100,000 one-time fee for H-1B visa applications represents a substantial increase from the previous $215 fee [1] - The company acknowledges the administration's agenda regarding technology companies and immigration and states it will comply with regulations [2] - The company relies on talented foreign individuals to drive technology forward [2] - Increased H-1B visa fees act as an impediment, slowing down access to talent [2][3] - While the company will comply with the competitive landscape, the increased fees are expected to decelerate access to certain talents [3]

Letting asylum-seekers work after six months would align Britain with the rest of Europe. It would be unlikely to lure more small boats, but it would cut costs and lift growth—a rare win-win https://t.co/qEm3D6cQ9H ...

Policy Alignment - Aligning Britain with the rest of Europe by allowing asylum-seekers to work after six months [1] Economic Impact - Potential to cut costs and lift growth [1] - Unlikely to significantly increase small boat arrivals [1]