Author: Bloomberg Television

Bloomberg’s Hadriana Lowenkron breaks down President Trump’s overhaul of the H-1B visa process, with the administration now requiring a $100,000 fee for applications. President Trump signed an executive order that restricts entry under the H-1B program unless accompanied by the payment, and asserts that abuse of the H-1B pathway has displaced US workers. The move will require a “$100,000 payment to accompany or supplement H-1B petitions for new applications,” according to a White House fact sheet. That payment would be in addition to current fees, which are more modest. Fees directly tied to the H-1B visa application currently include a…

A key question for investors this week is whether Federal Reserve officials push back against market bets on a series of interest-rate cuts extending into next year. A quarter-point reduction is seen as a sure thing when the Fed announces its policy decision Wednesday, with a small potential for a half-point move amid signs US job growth is slowing rapidly. Indeed, President Donald Trump told reporters Sunday that he expects a “big cut” this week. But markets have also priced in reductions continuing deep into 2026 to ward off a recession. Bob Michele, CIO and Head of the Global Fixed Income, Currency &…