The H-1B visa program, the primary way high-skilled workers can come to the US, is the visa of choice for Indian men. In 2017, more than 70% of all H-1Bs were given to Indians, and close to 80% of those Indians were men.
Like plenty of teenagers, Mario Sherbinski started smoking weed when he was 16.
If you’re in cities like Mumbai, São Paulo, Seoul, Paris, London, Kuala Lumpur, Lagos—anywhere, really—you might notice something: coffee shops are starting to look the same.
Made in America is making a comeback.
In 2007, the world learned something important and special: Dumbledore is gay.
For all the talk about bitcoin’s extreme volatility, a risk for investors that doesn’t get as much attention is market manipulation. To the extent that upstart crypto-trading exchanges have technology in place to root out wrongdoing, it’s often homegrown and may not meet wider industry best practices. Increasingly, however, academics and government watchdogs are digging into trading data to see what’s really going on.
Brown-Forman, maker of the top-selling Tennessee whiskey brand Jack Daniel’s, is worried about the future.
Miss America—the first modern beauty pageant—will no longer be about, ahem, beauty.
George Soros has a gift for knowing when social change is coming—and when the cultural and political processes we take for granted are about to collapse.
Donald Trump upended presidential precedent—again—when he tweeted today about a key, market-moving economic indicator just over an hour before it was released:
One way to protest low wages is to go on strike. That’s what teachers in the US have recently been doing in many states, like West Virginia, Kentucky, Oklahoma, and Arizona.
A little over a week ago, US lawmakers dismantled key parts of a landmark bank regulation bill known as Dodd-Frank. The spirit of Dodd-Frank was to make sure that no bank would ever be too big to fail, and to keep banks from engaging in the kind of shady behavior that precipitated the 2008 financial crisis.
For banks, size matters. If a lender is deemed big enough by US lawmakers, it faces costly, time-consuming regulatory tests administered by the Federal Reserve. If it fails, the consequences could be dire. The Fed could demand that it holds higher reserves or suspends dividends, among other things.
Target, the beloved, US brick-and-mortar discount store, just saw its best growth in store traffic in a decade. Yet the increase in visitors isn’t translating into higher profits.
It may be commonplace to compare millennials with other generations, but it’s not exactly fair. After all, they graduated into the financial crisis, are saddled with high levels of student debt, and have faced a tough job market for most of their adult lives. Also, they’re younger.
Republicans have been gunning to dismantle the 2010 Dodd-Frank Act from the moment it came into existence. Donald Trump promised to do “a big number” (paywall) on it, calling the Wall Street reform act a “disaster.”
In 1998, IBM was the biggest American tech company by revenue. Now, some 20 years later, it’s not even among the top 30 companies in the Fortune 500.
If you’re feeling financially anxious—shocked by bills, worried about credit card balances, or just generally perplexed about where your money is going—Erin Lowry has a solution.
China is very much in business with Facebook.
The historic meeting between Kim Jong-un and Donald Trump won’t happen in Mongolia or in the austere, scary, super-armed DMZ. It’s set to take place in small, wealthy Singapore.
It’s too early to tell how the US exit from the Iran deal will affect the global economy. But in the short time since the White House announced it was quitting the pact on May 8, things have been good in markets for large American energy companies.
Should you marry when you’re young or old? Keep your marriage open or closed? Change your name, or not? Should you marry at all? (Oprah doesn’t think so.)
The US unemployment rate dropped down to 3.9% in April, from 4.1% in each of the previous six months. It hasn’t been this low since December 2000.
Better perks and gentler environments are becoming staples of the modern white-collar workplace—even in the cut-throat world of investment banking. According to a memo sent this week to staff at Morgan Stanley, junior bankers at the firm will soon get paid more and be promoted faster, with mandatory vacation and fewer hours.
