The massive boomer wealth transfer will mostly benefit the already affluent, Visa report finds

The so-called “great wealth transfer” — the passing of assets from the baby boomer generation to their heirs — will mostly benefit younger Americans who are already affluent, according to a July report from Visa Business and Economic Insights. And while the wealth transfer will be significant, the value of assets that are passed down … Read more

Demand to end ‘scam’ visa program replacing American workers surges, West Virginia congressman reveals

NEWYou can now listen to Fox News articles! A West Virginia congressman is fed up with popular work visas, and revealed to Fox News Digital a behind-the-scenes surge of Republican lawmakers who also support abolition of the foreign worker program. “I think the H-1B visa program is a scam, and it’s one that has been … Read more

With uncertainty surrounding the H-1B visa fee, U.S. businesses unsure how to move forward

Dallas — Kishore Khandavalli began his career in the U.S. on an H-1B skilled foreign worker visa. “I was one of the first ones,” Khandavalli told CBS News.  He now runs a software consulting company in Dallas, where nearly half of his 380 employees have H-1B visas. “There’s a skills gap between the people that … Read more

Visa plugs its payment network into ChatGPT, letting AI agents shop and pay for users

SAN FRANCISCO — Payments giant Visa said Wednesday that it has embedded its payment network inside of ChatGPT, empowering the chatbot to independently shop and complete transactions on behalf of its user. It means AI agents can not only recommend products but complete the purchase on the user’s behalf, at potentially any merchant that accepts … Read more

Trump administration to offer ‘premium’ expedited visa interviews for $750

Boston federal judge blocks Trump fee for H-1B visas Fox News correspondent David Spunt reports on a federal judge in Boston blocking the Trump administration’s $100,000 H-1B visa fee, ruling it amounted to an unconstitutional tax without congressional approval, on ‘Special Report.’ NEWYou can now listen to Fox News articles! The State Department will begin … Read more

Obama-appointed judge who blocked Trump birthright citizenship order strikes again, throws out visa overhaul

NEWYou can now listen to Fox News articles! An Obama-appointed federal judge who previously blocked President Donald Trump’s birthright citizenship executive order has again dealt a major setback to the administration by striking down Trump’s $100,000 H-1B visa payment requirement and declaring the policy unlawful. U.S. District Judge Leo Sorokin of Massachusetts ruled Monday that … Read more

Federal judge strikes down Trump’s $100K H-1B visa fee, ruling it an unconstitutional tax

NEWYou can now listen to Fox News articles! A federal judge on Monday struck down President Donald Trump’s $100,000 fee requirement for employers seeking H-1B visas for highly skilled foreign workers, ruling that the administration exceeded its authority by imposing what amounted to a tax that only Congress can authorize or delegate. U.S. District Judge … Read more

Rubio pushes back on India’s concerns over US visa curbs, says policy must be ‘America First’ under Trump

NEWYou can now listen to Fox News articles! Secretary of State Marco Rubio pushed back against criticism of President Donald Trump’s immigration reform as Indian officials and media raised concerns that U.S. visa and immigration reforms may curb migration from India. “What I want to leave clear is that the changes, while they may be … Read more