The Latest Breaking News from Howard Lutnick

Decision could be major blow to tech industry, but commerce secretary says ‘all of the big companies are on board’

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.

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

An artful deal, perhaps?

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

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

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

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.

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.”

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.

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.