Why are US Republicans debating the future of H-1B high-skill work visas? | Business and Economy News

A debate over what shape hardline immigration policies will take regarding high-skilled work visas has become the first major policy dispute among prominent supporters of United States President-elect Donald Trump – just weeks ahead of the Republican’s new presidential term. On one side are members of Trump’s so-called “Make America Great Again”, or MAGA movement, … Read more

From Trump to Bitcoin, inflation and China: the big economic trends of 2024 | Business and Economy

The year 2024 saw the global economy stabilise following the fallout of the COVID-19 pandemic, even as growth in many countries lagged pre-2020 levels. Amid a patchy recovery, more than 2 billion people were eligible to vote this year, and economic issues, particularly rising living costs, were a top concern for voters around the world. … Read more

Trump intervened to sink US debt ceiling bill. What happens next? | Donald Trump News

The United States Congress has until Friday at midnight to pass a bill raising the country’s borrowing limit, also known as the debt ceiling, without which large sections of the government could stop operating. A bill that would have extended the deadline until March 14, prepared by both Democrats and Republicans, was scuttled after President-elect … Read more

McKinsey to pay $650m to settle US opioid consulting probe | Drugs News

Prosecutors say McKinsey provided Purdue advice on measures it could take to ‘turbocharge’ OxyContin sales. Consulting firm McKinsey & Company has agreed to pay $650m to resolve a United States Department of Justice investigation into the consulting firm’s work advising opioid manufacturer Purdue Pharma on how to boost OxyContin sales. McKinsey has entered into a … Read more

US trade office initiates investigation into Nicaragua human rights abuses | Human Rights News

A federal office in the United States charged with shaping foreign trade policies has announced it would launch an investigation into Nicaragua’s government for “persistent attacks on labor rights, human rights and the rule of law”. On Tuesday, the Office of the United States Trade Representative explained it had received “numerous credible reports” that Nicaragua’s … Read more

Fear of Trump tariffs drive shoppers for Black Friday deals | Retail News

Brushing snowflakes off her hair, Teagan Hickson walked into a Walmart Supercenter in Fort Wayne, Indiana, with hopes of picking up a few holiday deals on Black Friday. The first thing the mother of two spotted: a pallet stacked high with Gourmia digital air fryer ovens for $50 each. Her sister Jordan had been wanting … Read more