U.S. President Donald Trump speaks before signing executive orders in the Oval Office at the White House in Washington, DC, on Sept. 19, 2025, including one measure introducing the new $100,000 H-1B visa fee.Mandel Ngan | AFP | Getty ImagesNearly a month after the Trump administration’s surprise $100,000 payment for new H-1B visa recipients went into effect, the headline-grabbling change is disrupting high-tech talent pipelines in two distinct parts of the U.S. economy: small businesses and venture-backed startups. In the short-term, the restrictions are already slowing hiring and shrinking the talent pool, according to recruiters and entrepreneurs.However, there are also…
Author: usaeverydaylife
As the bull market officially turns three years old, it might be time to put an asterisk next to it if you ask some of the old-timers that still use Dow Theory to confirm a bull’s strength. The venerable theory is simple – to confirm the bull market you need to see the Dow Jones Industrial Average and the Dow Jones Transportation Average both making new highs. When they trend in unison it’s a signal of broad market strength. Essentially, it’s a view on an economy based on the things that make (industrials) and the things that take (transports). Dow…
Director of the United States Office of Management and Budget Russell Vought speaks in front of TV camera at White House in Washington, D.C., U.S., July 7, 2025. Kevin Lamarque | ReutersThe Trump administration could slash more than 10,000 federal jobs during the government shutdown, White House budget director Russell Vought said Wednesday.”We want to be very aggressive where we can be in shuttering the bureaucracy, not just the funding,” Vought, the director of the Office of Management and Budget, said at the White House. “We now have an opportunity to do that, and that’s where we’re going to be…
Dario Amodei, co-founder and chief executive officer of Anthropic, at the World Economic Forum in 2025.Stefan Wermuth | Bloomberg | Getty ImagesAnthropic on Wednesday announced Claude Haiku 4.5, a small artificial intelligence model that’s available as a lower-cost offering for all of the company’s users. The model is fast and can outperform other larger models that were considered cutting edge just months ago, Anthropic said. Claude Haiku 4.5 is better at using computers than Claude Sonnet 4, for instance, which is a midsized model the company launched in May. It performs similarly to Claude Sonnet 4 and OpenAI’s most recent model, GPT-5,…
Shares of Abbott Laboratories fell 3% on Wednesday after the diversified health-care company delivered another less-than-stellar quarter. Revenue in the third quarter ended Sept. 30 rose 6.9% to $11.37 billion, missing the $11.4 billion consensus estimate compiled by market data provider LSEG. Organic sales , excluding Covid testing results, rose 7.5%, beating the 5.9% estimate, according to FactSet. Adjusted earnings per share (EPS) increased 7.4% to $1.30, matching expectations, LSEG data showed. Bottom line Abbott’s Q3 numbers were not the best, with sales in three of its four main operating segments coming up short. It was the second suboptimal quarter…
With its record-breaking run into the stratosphere, gold has emerged as a better safe haven than bitcoin, in the view of market veteran Ed Yardeni. The head of Yardeni Research, in his morning market note Wednesday, asserted that “Gold Is The New Bitcoin” as he compared the performance of both assets at a time when investors remain concerned over geopolitical issues that could thwart the stock market rally . “Bitcoin has been described as ‘digital gold,’ but we would describe gold as ‘physical bitcoin,'” Yardeni wrote. “Risk-off investors may increasingly be concluding that gold is a better protection for geopolitical…
President Donald Trump holds a news conference with Elon Musk to mark the end of the Tesla CEO’s tenure as a special government employee overseeing the U.S. DOGE Service on Friday May 30, 2025 in the Oval Office of the White House in Washington. Tom Brenner | The Washington Post | Getty ImagesGeneral Motors’ announcement on Tuesday that its upcoming quarterly results will include a $1.6 billion charge from its electric vehicle investments is the latest in a string of troubling EV-related disclosures from big automakers.Ford CEO Jim Farley said late last month that he expects demand for fully electric…
US Health and Human Services (HHS) Secretary Robert F. Kennedy, Jr. speaks about the sending of warning letters to companies for illegally marketing products containing 7-hydroxymitragynine, also known as 7-OH, as part of their actions combatting opioids, during a press conference at HHS headquarters in Washington, DC, on July 29, 2025. Saul Loeb | Afp | Getty ImagesA group of Democratic state governors has launched a new alliance aimed at coordinating their public health efforts.They’re framing it as a way to share data, messages about threats, emergency preparedness and public health policy — and as a rebuke to President Donald…
Austin Willingham, 30, grew up in Decatur, Alabama, and knew from a very early age that he wanted to leave home as soon as he turned 18.In 2013, Willingham went off to attend college three hours away at Troy University, where he spent every summer working odd jobs as a camp counselor, orientation leader and in the study abroad department at school.”It felt like I was at some superhero college where people from all over the world are here in this one place doing the same thing. I got to meet some of my lifelong friends that I’m still in…
With U.S.-China trade tensions ratcheted back up, CNBC’s Jim Cramer said investors need to look to Europe to better understand the animosity between the world’s two largest economies. That’s where they will find ASML , the Netherlands-based maker of advanced lithography machines that are essential in producing the cutting-edge semiconductors from the likes of Nvidia that are fueling the artificial intelligence boom. Nvidia is a long-held position in Cramer’s Charitable Trust, the portfolio used by the CNBC Investing Club. On Wednesday, ASML reported what Cramer called a “very good” third quarter, with better-than-expected bookings and margins. However, ASML CEO Christophe…
