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The Latest Breaking News from Howard Lutnick

US To Impose $100,000 Annual Fee On H-1B Visas As Analysts Warn Trump Risks 'Taxing Away' America's Innovation Edge

On Friday, the Donald Trump administration said it would require companies to pay $100,000 per year for each H-1B visa, a dramatic increase that could reshape tech hiring and trigger broader consequences for the U.S. position in the global artificial intelligence race.

Benzinga

Trump signs proclamation imposing annual $100,000 fee on H-1B visas

Move deals potentially major blow to US tech industry, which relies heavily on workers from India and China

The Guardian - US

The Trump administration may have had a hand in the Nvidia/Intel partnership, whether directly or indirectly, despite Jensen's claims to the contrary

An artful deal, perhaps?

PC Gamer

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UK students lack entrepreneurial drive, says Business Secretary

The US commerce chief said America will ‘take care of the United Kingdom’ during talks to mark Nvidia’s UK deal.

Evening Standard

Trump confused Armenia with Albania and claimed not to know Mandelson

The US president appeared alongside Prime Minister Sir Keir Starmer at Chequers for a press conference to round off his state visit to Britain.

Evening Standard

Experts independently resurrect Census Bureau advisory committee axed by Trump administration

A U.S. Census Bureau advisory committee disbanded by the Trump administration has reconstituted itself

The Independent UK

Trump Admin's Intel Stake Could Create 'Unintended Inefficiencies' In Global Chip Industry, Warns Fitch

The U.S. government’s recent investment in Intel Corp. (NASDAQ:INTC) could lead to unintended inefficiencies in the global semiconductor industry, according to a report by Fitch Ratings.

Benzinga

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Trump Wants Fannie Mae, Freddie Mac Shares To Rise Before 'Largest IPO of All Time,' Says Bill Ackman: The President 'Likes To See Stocks Soar'

Billionaire investor Bill Ackman said that President Donald Trump’s administration is working to lift shares of the Federal National Mortgage Association (OTC:FNMA), or Fannie Mae, and the Federal Home Loan Mortgage Corp. (OTC:FMCC), or Freddie Mac, ahead of what could be “the largest IPO of all time.”

Benzinga

Swatch To Raise US Watch Prices By Up To 15%, Unveils Satirical 'WHAT IF...TARIFFS?' After Trump's 39% Tariffs On Swiss Imports

In response to the 39% tariff imposed by President Donald Trump on Swiss imports, Swatch Group (OTC:SWGAY) has announced a price increase of 5% to 15% for its products in the United States.

Benzinga

Elon Musk's Two-Word Response, Trump Administration's Patent Share, Palantir CEO's China Warning And More: This Week In Politics

It’s been an eventful week, with some of the most influential figures in the business world making headlines. Here’s a quick recap of the top political stories you might have missed.

Benzinga

Howard Lutnick Says Elon Musk Got DOGE 'Backward,' Focused On Firing Instead Of Cutting Government Waste

On Friday, Commerce Secretary Howard Lutnick criticized Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk's leadership of the Department of Government Efficiency or DOGE, saying the billionaire prioritized firing workers over slashing waste, fraud and abuse, undermining the initiative's original mission.

Benzinga

Exclusive: Musk got DOGE's mission "backward," Lutnick says

DOGE's savings are a fraction of what was promised, and many dispute even those numbers.

Axios

Tether launches U.S. stablecoin, appoints former Trump crypto guru Bo Hines as CEO of American expansion

Tether tapped crypto bank Anchorage Digital and its longtime partner Cantor Fitzgerald to issue the token.

Fortune

US, Japan To Share Profits From $550 Billion Tariff Deal Until Investment Is Recovered, Says Lutnick

Howard Lutnick, the Commerce Secretary, has announced that the U.S. will share the profits from projects funded by Japan through the new tariff deal.

Benzinga

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Axios

Exclusive: Lutnick says Trump will force drugmakers to lower prices

Trump's efforts include reshaping drug prices through threats and public shaming.

Axios

WATCH: The premiere of The Axios Show featuring Howard Lutnick

Commerce Secretary Howard Lutnick joins Axios for the first episode of The Axios Show.

Benzinga

Lutnick Hints At Fannie Mae, Freddie Mac IPO In 2025 To Show The 'Mark To Market' Worth To American Taxpayers—'Largest IPO In History'

Commerce Secretary Howard Lutnick suggested that the U.S. government is considering a public offering for Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) “sooner” than people think.

Axios

Exclusive: Lutnick moves goalposts on Trump's ownership of economy: "end of this year"

As the numbers have gotten worse, Trump officials have pointed to later windows to "own" the economy.

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news in one place.

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Benzinga

Howard Lutnick's Push For Government Ownership In Intel, Defense Giants Sparks Wall Street Concern

Commerce Secretary Howard Lutnick is creating an “investment accelerator” within his department, targeting major corporations, including Intel Corp. (NASDAQ:INTC) and Lockheed Martin Corp. (NYSE:LMT).

We Got This Covered

‘You know what we get? Zero’: Trump wants half the profits from university patents funded by taxpayers

Trump wants a cut of university patents... because apparently taxpayers own science now.

Axios

Exclusive: U.S. should take a chunk of universities' patent revenue, Lutnick says

The administration wants to capture potentially tens or hundreds of billions of dollars in future upside from the work of scientists.

We Got This Covered

Donald Trump’s top favorites – trusted to safeguard U.S.’ future – are bickering 4th graders throwing punches and lame comebacks

The adults are definitely in charge when your top officials are screaming "I'll punch your face" over appetizers.

The Independent UK

There’s no more denying it – Trump risks a recession on his watch

ANALYSIS: Trump returned to the White House promising a better economy. But every sector has taken a huge beating as Americans feel the effect of his tariffs, Eric Garcia writes

The Guardian - US

Revisions and rising unemployment: what to know about the US jobs report

August’s report gave signs of a cooling labor market with negative job numbers for the first time since 2020 – here’s what we learned

Benzinga

US-Japan On Brink Of A Deal To Slash Trump Tariffs On Automakers: Report

The United States and Japan are reportedly nearing a deal to reduce tariffs on Japanese car imports. The agreement is expected to be formalized within two weeks of a U.S. presidential executive order.

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