Business
ToplineA federal judge on Monday struck down President Donald Trump’s $100,000 fee for H-1B visa applications, ruling the new fee unlawfully increased the cost of the visa program relied on heavily by the U.S. tech industry.Key FactsJudge Leo Sorokin vacated the $100,000 fee and ruled it was an “unlawful” tax,…
Gift card draining has become a major problem with organized crime groups, primarily Chinese gangs, operating wide-scale gift card draining. Gift card draining occurs when scammers tamper with gift cards in a store so that when an unwitting customer buys a gift card, the value of the gift card becomes…
ToplinePresident Donald Trump said he wants Acting Director of National Intelligence Bill Pulte to begin slashing staff at the agency, he told The Wall Street Journal Friday, as his appointment of Pulte, a controversial figure in the Trump administration, has been widely criticized.Key FactsTrump said Pulte can be “less shackled”…
One of the things that adults ask children is, “What do you want to be when you grow up?” Once they respond with whatever they want to do, the older person sometimes says back something akin to, “As long as you find something you love, you will never work a…
ToplineNew analysis from TS Lombard shows the United States is on track to devote approximately 2% of gross domestic product to artificial intelligence and data center infrastructure in 2026, an investment well above that of any other major country that places it among the largest concentrated spending booms in modern…
ToplineA weeklong selloff for bitcoin extended on Friday as the cryptocurrency fell below the $60,000 threshold for the first time since late 2024, after billionaire Michael Saylor sparked a broader decline for the crypto market.Key FactsThe price of bitcoin fell to a low of $59,840 just after noon on Friday,…
ToplineA Justice Department attorney argued to a federal appeals court Friday that the Trump administration could hypothetically bulldoze the Statue of Liberty and Americans with cultural ties to the landmark couldn’t sue them for it, as the Trump administration fights to defend the construction of President Donald Trump’s planned White…
President Donald Trump has said that if post-ceasefire Iranian attacks in the Middle East kill any U.S. troops, that would cross a red line and possibly reignite the war against Tehran. His statement is the latest reminder that, for at least six years now, the U.S. has often avoided escalatory…
On sale this week: Treasury Inflation-Protected Securities.It wasn’t so long ago that the real rate on these bonds was negative. People lent money to the federal government and were assured of getting back, with interest included, less than they started with.Now the yield on the TIPS due in 2056 is…
ToplineA Justice Department attorney argued to a federal appeals court Friday that the Trump administration could hypothetically bulldoze the Statue of Liberty and Americans with cultural ties to the landmark couldn’t sue them for it, as the Trump administration fights to defend the construction of President Donald Trump’s planned White…
Lauded performer Lauryn Hill will receive the Living Legend Icon Award at this year’s BET Awards, happening on June 29th. According to a press release distributed on June 4th, Hill will be the first person to receive the Sprite-sponsored inaugural award at the upcoming awards. The award “honors the pioneers…
If you are considering becoming a fractional leader, or already operate across several organizations, you will likely face one quiet misunderstanding before the work even begins: because your commitment is partial, you need to convince others that your value is more than being partial.The logic is familiar. If someone works…
ToplineThe northern lights are forecast to possibly make their third appearance in the northern U.S. this week, according to the National Oceanic and Atmospheric Administration, which is predicting mild auroral activity for Friday night.Key FactsNOAA issued a Kp index of five for Friday night, which suggests “more auroral activity (motion…
ToplineA Justice Department attorney argued to a federal appeals court Friday that the Trump administration could hypothetically bulldoze the Statue of Liberty and Americans with cultural ties to the landmark couldn’t sue them for it, as the Trump administration fights to defend the construction of President Donald Trump’s planned White…
Oil prices were in retreat on Friday after having risen for three straight sessions earlier in the week, as diplomatic overtures to bridge differences between the U.S. and Iran continue. The global proxy oil futures benchmark Brent was trading at $92.94 per barrel at 10:31am EDT on Friday, down 2.16%…
It’s graduation day. Folding chairs cover the football field as faces turn toward the podium to hear all about possibilities and responsibilities. It’s May, the month when proud families imagine bright futures unfolding the way the speakers say they should.Finally, the tassels turn, and mortarboards launch skyward as the grads…
The U.S. military has expanded the capabilities of attack helicopters by using drones to launch precision-guided rockets and accompany helicopters as loitering munitions. The close integration now occurring between drones and attack helicopters has opened a new chapter in warfare and marks a milestone in the widening the range of…
ToplineA Justice Department attorney argued to a federal appeals court Friday that the Trump administration could hypothetically bulldoze the Statue of Liberty and Americans with cultural ties to the landmark couldn’t sue them for it, as the Trump administration fights to defend the construction of President Donald Trump’s planned White…
Family caregivers are the foundation of our system of care for older adults and younger people with physical or cognitive limitations. But they often provide that care with great love but little skill. The result: Preventable injuries to both care recipients and their family members, more emergency department visits and…
The New York Yankees enjoyed a highly anticipated return this week, though it preceded a third-straight divisional loss.On Friday, the team could celebrate the return of franchise ace Gerrit Cole after a prolonged absence following Tommy John surgery. But a strong outing wasn’t enough to beat the American League East…
Private credit has grown into a $2 trillion industry over the past decade, financing software companies, healthcare rollups, and industrial firms. Fueled by ultra-low interest rates, post-2008 banking regulations, and yield-hungry investors, it became one of the most powerful forces in global finance. Now the environment that created it has…
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