President Trump's $100k H-1B Visa Fee 'Is Anti-Innovation': Economist

ForbesTuesday, October 7, 2025 at 7:40:24 PM
President Trump's $100k H-1B Visa Fee 'Is Anti-Innovation': Economist
Economist Clifford Winston has criticized President Trump's new $100,000 application fee for the H-1B visa program, calling it anti-innovation. This fee could deter skilled workers from coming to the U.S., which is crucial for maintaining the country's competitive edge in technology and innovation. Winston's comments highlight the potential negative impact on the economy and the tech industry, emphasizing the need for policies that encourage talent rather than restrict it.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Trump Threatens No Back Pay for Furloughed Workers
NegativeFinancial Markets
President Donald Trump's recent comments about potentially denying back pay to furloughed federal workers have raised significant concerns. This move could lead to increased legal scrutiny of the administration's actions during the ongoing government shutdown. The implications of such a decision are serious, as it directly affects the livelihoods of many workers and could set a troubling precedent for future government operations.
Forbes Alexandria, MeiraGTx CEO, sells $398k in shares
NeutralFinancial Markets
In a recent development, the CEO of MeiraGTx, a biotechnology company based in Alexandria, has sold shares worth $398,000. This transaction is noteworthy as it reflects the CEO's financial decisions and could influence investor sentiment regarding the company's future. Such sales can often raise questions about the company's performance and the CEO's confidence in its prospects.
Trump Call for Fannie, Freddie to Spur Building Is ‘A Mystery’
NegativeFinancial Markets
President Donald Trump's recent call for mortgage giants Fannie Mae and Freddie Mac to enhance homebuilding has left many in the industry puzzled. With the housing market already facing challenges like stagnation and rising construction costs, this unexpected suggestion raises questions about its feasibility and timing. Understanding the implications of such statements is crucial as they can influence market dynamics and policy discussions.
Opinion | CBS Deal Smells Like a Gimmick
NegativeFinancial Markets
The recent CBS deal has raised eyebrows, with many viewing it as a gimmick designed to win favor with Donald Trump. This move could have significant implications for CBS's reputation and its relationship with viewers who may see this as a questionable strategy. As the media landscape evolves, how networks align themselves with political figures can influence public perception and trust.
EU proposes halving steel import quota and doubling out-of-quota tariffs to 50%
PositiveFinancial Markets
The European Commission's recent proposal to cut steel import quotas by 47% and double out-of-quota tariffs to 50% is a significant move aimed at protecting the continent's steel industry. This decision reflects a response to the challenges posed by global oversupply and the protectionist policies initiated by Donald Trump. As the EU seeks to bolster its struggling sector, this policy could help stabilize the market and ensure fair competition. Meanwhile, Trump's meeting with Canada's Prime Minister Stephen Carney indicates ongoing efforts to negotiate trade agreements, highlighting the dynamic nature of international trade relations.
Who Is Ed Gein? Inside The Real-Life Story Of The 'Monster' Whose Grisly Crimes Inspired 'Psycho'
NeutralFinancial Markets
In a recent discussion on 'Forbes True Crime,' author Harold Schechter delves into the chilling life of Ed Gein, the real-life figure whose gruesome actions inspired the iconic character in 'Psycho.' This exploration not only sheds light on Gein's disturbing legacy but also highlights the broader implications of how true crime stories shape our understanding of horror and morality in society.
Trump Says US Has 'Natural Conflicts' With Canada
NeutralFinancial Markets
President Donald Trump acknowledged the ongoing trade disputes with Canada, particularly regarding tariffs on steel, aluminum, and autos, referring to them as 'natural conflicts' due to competition for the same markets. He expressed optimism that both nations can reach a resolution, highlighting the importance of collaboration in trade relations. This matters as it reflects the complexities of international trade and the potential impact on both economies.
Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says
NegativeFinancial Markets
A Harvard economist has revealed that the U.S. experienced a mere 0.1% GDP growth in the first half of 2025, attributing this stagnation to the absence of data centers. This insight raises critical questions about the role of technology infrastructure in economic development, suggesting that without these vital hubs, the economy may struggle to thrive. Understanding this relationship is essential for policymakers and businesses as they navigate future investments and strategies.
Trump Halts Venezuela Talks as US Considers Cartel Targets on Land
NegativeFinancial Markets
President Donald Trump has decided to halt diplomatic talks with Venezuela, a move that aligns with Secretary of State Marco Rubio's hardline stance. This decision could escalate tensions further, as the U.S. considers military options against cartel targets in the region. The implications of this shift are significant, as it may lead to increased conflict and instability in Venezuela, affecting not only the country but also regional dynamics.
WTO Sees Full Impact of US Tariffs Hitting Trade Growth in 2026
NegativeFinancial Markets
The World Trade Organization has warned that the growth of global goods trade is set to slow significantly in 2026, following a surprisingly strong performance in the first half of 2025. This slowdown is attributed to the delayed effects of tariffs imposed by US President Donald Trump, which are expected to weigh heavily on international commerce. This matters because it highlights the ongoing impact of trade policies on the global economy, potentially affecting businesses and consumers worldwide.
Lithium Americas Analysts Sour as US Stake Sparks 175% Rally
PositiveFinancial Markets
Lithium Americas has seen a remarkable 175% rally in its stock price, largely due to a deal with the US government that has garnered approval from President Donald Trump. This surge highlights the growing interest and investment in lithium, a key component for electric vehicle batteries, as the market shifts towards sustainable energy solutions. Such developments not only benefit the company but also signal a broader trend in the economy towards green technologies.
How a 2020 dinner in Davos set the stage for a ‘MAGA’ World Cup
PositiveFinancial Markets
A dinner in Davos in January 2020 marked the beginning of a significant friendship between Donald Trump and FIFA chief Gianni Infantino, which has implications for the upcoming 'MAGA' World Cup. This connection highlights the intersection of sports and politics, showcasing how influential figures can shape major global events.
Latest from Financial Markets
Payouts of £700 per claim after car finance scandal
PositiveFinancial Markets
In a significant development following the car finance scandal, lenders are set to pay out £700 per claim, amounting to a total of £8.2 billion in compensation. While this figure is lower than the previous estimates by the FCA, it still represents a substantial effort to address the financial grievances of affected consumers. This payout is crucial as it not only helps restore trust in the financial system but also provides much-needed relief to those who were impacted by the scandal.
Dollar breaks out as yen weakens, kiwi tumbles on RBNZ
NegativeFinancial Markets
The dollar has gained strength as the yen continues to weaken, while the kiwi has taken a hit following the Reserve Bank of New Zealand's recent decisions. This shift in currency dynamics is significant as it reflects broader economic trends and impacts international trade and investment strategies. Investors are closely monitoring these developments, as fluctuations in currency values can influence everything from import costs to foreign exchange reserves.
FTSE 100 Live: UK Stocks Poised to Rise as Pound Falls
PositiveFinancial Markets
The FTSE 100 is set to rise as the pound experiences a decline, creating a favorable environment for UK stocks. This shift is significant as it may attract more investors looking for opportunities in the UK market, potentially boosting the economy. A weaker pound often makes exports cheaper, which can benefit companies listed on the FTSE 100.
Gold Smashes Through $4,000 Milestone for First Time
PositiveFinancial Markets
Spot gold has just crossed the remarkable $4,000 an ounce mark for the first time, driven by rising concerns about the US economy and the looming threat of a government shutdown. This significant milestone highlights gold's impressive journey, especially considering it was trading below $2,000 just two years ago. With returns now surpassing those of equities this century, this rally is not just a win for gold investors but also a reflection of broader economic anxieties.
Oncoinvent reports promising results for cancer treatment Radspherin
PositiveFinancial Markets
Oncoinvent has announced promising results for its cancer treatment, Radspherin, which could significantly improve patient outcomes. This development is crucial as it highlights advancements in cancer therapies, offering hope to patients and families affected by this disease.
TD Securities upgrades Sun Life stock rating to Buy on valuation and pricing
PositiveFinancial Markets
TD Securities has upgraded Sun Life's stock rating to 'Buy', citing favorable valuation and pricing dynamics. This is significant as it reflects confidence in Sun Life's financial health and growth potential, which could attract more investors and positively impact the stock market.