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Economist Adriana Kugler in Her Own Words

President Biden’s pick for the Federal Reserve’s board has focused on the labor market and social policy. President Biden’s pick for the Federal Reserve’s board has focused on the labor market and social policy. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you…

Tech Companies Are Colluding to Cheat H1-B Visa Lottery

WASHINGTON—The Biden administration says it has found evidence that several dozen small technology companies have colluded to increase the chances that their prospective foreign hires will win a coveted H-1B visa for skilled foreign workers in this year’s lottery. U.S. Citizenship and Immigration Services, the federal agency that awards H-1B visas, said it has found that a small number of companies are responsible for entering the same applicants into the lottery multiple times, with the alleged goal of…

Tech Companies Are Colluding to Cheat H1-B Visa Lottery, U.S. Says

WASHINGTON—The Biden administration says it has found evidence that several dozen small technology companies have colluded to increase the chances that their prospective foreign hires will win a coveted H-1B visa for skilled foreign workers in this year’s lottery. U.S. Citizenship and Immigration Services, the federal agency that awards H-1B visas, said it has found that a small number of companies are responsible for entering the same applicants into the lottery multiple times, with the alleged goal of…

Determined to Flee China, Migrants Take a Long, Dangerous Route to the Southern U.S. Border

On a crowded speedboat making a night crossing in rough waters off Colombia in January, Daniel Huang, a former Shanghai fitness trainer, began to regret his decision to try to enter the U.S. via Latin America. He was soaked through by the crashing waves and he feared the boat would tip over. On his cellphone, he said he typed up a farewell note to his father to send if it seemed he wouldn’t make it to the shore on the Panamanian side, where he would start an arduous jungle trek. On a…

Oklahoma Businesses Recruit Tech Workers From Ukraine

Andrii Skorniakov was scouring the internet looking for a place where his family could settle after fleeing Ukraine when he found a suggestion in a Facebook group that they move to the second-largest city in Oklahoma. Ukrainians looking for a new home following the Russian invasion of their country are being recruited by a Tulsa, Okla., nonprofit that is looking for workers for the region’s growing technology sector.  Andrii Skorniakov was scouring the internet looking for a place where…

Portugal Says No More Golden Visas and No More Airbnb’s

Portugal’s government passed a package of new laws and regulations on Thursday aimed at combatting the country’s housing crisis. Among the changes: No more short-term rental licenses are to be granted in the nation’s urban centers—meaning no more new city Airbnbs.Portugal has also ended its “golden visa” program, which granted non-European Union residents EU passports in exchange for investing more than €350,000 in real estate in certain areas. Often, through “golden visas,” property developers would flip buildings into

CFPB Weighs Tougher Rules for Overseas Money Transfers

WASHINGTON—The Consumer Financial Protection Bureau is weighing new restrictions tied to the fees money-transfer companies charge for wiring money abroad, as the bureau scrutinizes fees across the financial system. Bureau officials say they are studying whether differences in the way providers of overseas money transfers disclose exchange rates and certain fees can make it difficult for consumers to choose the lowest-cost option. Immigrants and other workers send billions of dollars from the U.S. to other countries each…

Title 42 Fight Stalls Passage of Omnibus Spending Bill

WASHINGTON—Senate Democratic leaders were driving to break an immigration-related impasse Thursday morning over a sprawling spending bill that has put the federal government on the precipice of a partial shutdown just before the Christmas holiday.Senate Majority Leader Chuck Schumer (D., N.Y.) opened Thursday’s legislative day without an agreement on the terms for cutting off debate and proceeding to a vote on a $1.65 trillion government funding bill for fiscal 2023. The bill, which would…

Backers of Farmworker Visa Overhaul Make Year-End Push for Immigrant Labor Deal

WASHINGTON—Lawmakers, agriculture groups and farmworker organizations are pushing to pass an overhaul of the farmworker visa program through both chambers of Congress before the GOP takes control of the House next year.A bill providing a path to citizenship for about one million farmworkers—and creating a capped number of new year-round visas—passed the House in March 2021, with the support of 217 Democrats and 30 Republicans. The measure is generally supported by immigrant advocacy groups and by farmers who say they…

Amazon, Pfizer Among Companies Pledging to Hire 20,000 Refugees

NEW YORK—Major U.S. companies will pledge to hire more than 20,000 refugees over the next three years, a number that refugee advocates say will help integrate the wave of Afghans and Ukrainians who arrived over the last year. The hiring commitments are expected to be announced later today at an event organized by the Tent Partnership for Refugees, which is pressing corporations to hire refugees. The group said that the pledges reflect a growing awareness by U.S. companies that hiring refugees benefits…