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X @Nick Szabo
Nick Szabo· 2025-12-06 02:21
RT The American Tribune (@TAmTrib)Repeal Hart-CellarRepeal the Immigration Act of 1990End H-1B and OPT VisasMake America Great Again by Making America America Again https://t.co/wAVroIssx6 ...
X @Nick Szabo
Nick Szabo· 2025-11-28 04:26
RT Matt Forney (@mattforney)EXCLUSIVE: a reader shares a list of Amazon job openings "that are internal only and hidden from citizens" with the intent of reserving them for Indian H-1Bs.He writes:"They don't advertise these as perm notices for citizens to apply and HR/Hiring managers ignore the external applications as it happens within my organization...there are 50 postings like this as of today and companies continue to sponsor green cards for H-1B's when firing 30,000 citizens over the last 3 years."He ...
X @Nick Szabo
Nick Szabo· 2025-11-13 14:49
RT The Patriot Oasis™ (@ThePatriotOasis)🚨 BREAKING: It has been revealed that over 70% of H-1B Visas are coming from India, with more than 80% of approvals for entry-level and junior-level jobs."It's a little hard to stomach when we hear we are not talented enough or not skilled enough for these jobs.""Considering most of these jobs are entry-level or junior-level jobs.""It is definitely to the benefit of corporations, tech companies, they can hire foreign workers, trust me on this, cheaper than American wo ...
The Trump Market: A Rollercoaster of Tweets, Tariffs, and Terrified Traders
Stock Market News· 2025-11-13 06:00
Group 1: Market Reactions to Tariffs - President Trump's threat to impose a 155% tariff on Chinese imports led to a significant drop in the Dow Jones Industrial Average by nearly 900 points, with the S&P 500 and Nasdaq Composite also declining as traders anticipated increased trade tensions [2][3] - A previous increase in tariffs to 100% on Chinese goods resulted in the S&P 500 falling by 2.7%, the Dow dropping 878 points (1.9%), and the Nasdaq sliding 3.6%, erasing a month's worth of gains for major tech companies [3] - The announcement of a 10% universal tariff on April 2, 2025, caused global markets to plunge, highlighting the immediate impact of tariff announcements on market sentiment [3] Group 2: Trade Agreements and Market Sentiment - A recent US-China trade agreement reduced customs duties on fentanyl from 20% to 10%, lowering the overall tariff rate on Chinese imports from 41% to 31%, but the market reaction was muted, indicating that investors may have already priced in the changes [4] - The proposed $2,000 "tariff dividend" announced by President Trump led to a significant rebound in the cryptocurrency market, with Bitcoin surpassing $106,000 and Ethereum climbing past $3,600, showcasing a shift in investor focus towards digital assets [4] Group 3: Economic Implications and Criticism - Economists criticized the proposed "tariff dividend," with Nobel laureate Paul Krugman labeling it "deeply irresponsible" and estimating it could cost $600 billion, which is double the projected 2025 tariff revenue [5] - Treasury Secretary Scott Bessent suggested that the "dividend" might not be a direct payment but could manifest as tax cuts, raising questions about the feasibility and clarity of the proposal [5] Group 4: Global Trade Dynamics - President Trump's threats of a 50% import tariff on European Union goods led to immediate declines in European stock markets, with major indices like the Bel20, AEX, CAC40, and Dax all experiencing significant drops [6][7] - In contrast, the US and India are reportedly nearing a WTO-compliant trade deal, which aims to boost Indian exports and improve investor sentiment following a steep increase in import duties on Indian goods [8] Group 5: Impact on Indian IT Sector - Trump's hints at a more favorable stance on H-1B visas led to a rally in Indian IT stocks, with the Nifty IT Index surging over 2% and individual companies like Infosys and TCS experiencing notable gains [9] - The hiring ramp-up by Wall Street banks in India's Global Capability Centers reflects the contradictory nature of the policies, as they respond to earlier visa crackdowns while still seeking talent [9] Group 6: Market Performance and Volatility - On November 12, 2025, the Dow Jones Industrial Average closed above 48,000 for the first time, marking a 0.7% gain, while the S&P 500 and Nasdaq showed mixed results, indicating a divergence in market performance [10][11] - The overall market performance was influenced by optimism surrounding the end of a US government shutdown, leading to a rotation from tech stocks to more defensive sectors [11] - The market remains characterized by volatility, with Trump's pronouncements consistently injecting uncertainty and prompting varied reactions across different sectors [12]
X @Forbes
Forbes· 2025-11-12 07:25
Immigration Policy & H-1B Visas - The report highlights Trump's defense of the H-1B visa program, emphasizing the necessity for specific talents [1] - The report suggests a focus on the need for specialized skills that may not be readily available domestically [1]
X @Forbes
Forbes· 2025-10-21 19:10
Walmart Pausing Job Offers For Candidates Requiring H-1B Visas, Report Sayshttps://t.co/wCRbG7KWVs https://t.co/OxwSZOGiay ...
X @Forbes
Forbes· 2025-09-25 08:00
New $100K Fee For H-1B Visas Causes Travel Chaos https://t.co/9OOTCSYnGI ...
X @Forbes
Forbes· 2025-09-24 14:00
New $100K Fee For H-1B Visas Causes Travel Chaoshttps://t.co/OJaaeYOU6o https://t.co/K17ep3fDEC ...
X @Forbes
Forbes· 2025-09-22 14:41
The Billionaires Benefitting From H-1B Visas https://t.co/EkuSvovBD4 https://t.co/Yg87Y0nyjt ...
Ark's Cathie Wood on H-1B Visas, China Tech Sector, TikTok Takeover
Bloomberg Television· 2025-09-22 08:54
We want to get into your tech investments. We want to get into your views. But we got to put this question to you around H-1B visas and this new application fee.What do you make of it. What's the impact. Well, again, this is part of President Trump's negotiating process, and I think he's negotiating quite intensively right now with India.I think India would be have the biggest impact here in terms of, you know, workers in the United States. So I think this is a little bit like tariffs and it's going to capt ...