Trump Spouse-Visa Shift May Hurt Workers, Push 100,000 From Jobs

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U.S. President Donald Trump’s plan to ban spouses of high-skill visa holders from working will likely push 100,000 people out of jobs and negatively affect the visa holders and their employers, according to a new research study. The Trump Administration has been tightening the rules for H-1B visas, which allow foreign workers to take jobs […]

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Starbucks Pumps the Brakes in Its Home Market

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Americans' long-running joke about a Starbucks on every corner may be nearing its end. The coffee behemoth is retrenching in its home market as it contends with sales growth that Chief Executive Officer Kevin Johnson acknowledges isn’t fast enough. The cafe chain Source: Company data, Bloomberg Note: Data is for fiscal quarters Although business abroad has […]

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Thaler, Famed for Nudge Theory, Wins Nobel Economics Prize

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University of Chicago’s Richard H. Thaler, one of the founders of behavioral economics and finance, was awarded the 2017 Nobel Prize in Economics for shedding light on how human weaknesses such as a lack of rationality and self-control can ultimately affect markets. The 72-year-old, co-author of the 2008 best-seller “Nudge,” has “built a bridge between the economic […]

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Anthony Weiner Sentenced to 21 Months in Prison

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Anthony Weiner was sentenced to 21 months in prison for exchanging sexually explicit messages with a 15-year-old girl, capping the spectacular fall of the former congressman whose self-destructive behavior wrecked his career and marriage and played a role in the final days of the 2016 presidential campaign. “The crime I committed was my rock bottom,” […]

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