Critics of the controversial H-1B foreign-worker program are applauding a new Trump Administration rule significantly boosting required pay, but a Bay Area member of Congress says the change is an unworkable mess and won’t survive a legal challenge.
A new lawsuit and economic research have exposed problems with the Department of Labor’s (DOL) new H-1B wage rule. The lawsuit seeks a preliminary and permanent injunction against the new rule, which analysts have concluded was designed to price out of the U.S. labor market H-1B visa holders and employment-based immigrants by raising the required minimum wage to employ them. The research explains why the rule is likely unlawful, harmful to the U.S. economy and will make it difficult for international students to be employed in the United States after graduation.
“On October 8, 2020, without providing prior notice and without affording plaintiffs or the general public an opportunity to comment, the Department of Labor dramatically altered the manner in which it calculates
The United States has long drawn the world’s brightest minds to study at its colleges and universities. Students from across the globe seek to study at our institutions, where they have access to excellent educational programs, leading experts in their field of study, and opportunities to take part in pathbreaking research. The United States benefits from the immense impact of these students: the global perspective they bring to campus, the jobs they support while studying here, and the innovations and companies they create here after completing their degree. It’s a model our competitors and counterparts have envied for years.
Yet a new proposed rule affecting U.S. student visa policy would discourage students from studying here. The Department of Homeland Security recently announced a proposed rule impacting student visa policies that would shorten the time student visas are valid to increments of two
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 850 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile failures like hedge funds’ 2018 losses in Facebook and Apple. Let’s take a closer look at what the funds we track think about Visa Inc (NYSE:V) in this article.
Visa Inc (NYSE:V) has experienced a decrease in activity from the world’s largest hedge funds recently. Visa Inc (NYSE:V) was in 154 hedge funds’ portfolios at the end of June. The all time high for this statistics is 157 (2020 Q1). Our calculations also showed that V ranks #6 among the 30 most popular stocks among hedge funds (click for Q2 rankings and see the video
Israel and the United Arab Emirates agreed to visa-free travel on Monday, an unprecedented arrangement between Israel and an Arab state, signed as the first ever official UAE delegation landed in Tel Aviv.
The visit, hailed as a “glorious day for peace” by Prime Minister Benjamin Netanyahu, came after Israel and the UAE agreed to normalise ties in a deal inked at the White House last month.
With their economies hard-hit by the coronavirus pandemic, the UAE and Israel are hoping for rapid dividends from the normalisation deal — which broke years of Arab consensus that there should be no relations with the Jewish state until it makes peace with the Palestinians.
The UAE became the third Arab state to establish ties with Israel, followed shortly by Bahrain.
While Israel has peace deals with neighbouring Egypt and Jordan, it requires citizens of both countries to obtain visas before entry.