Following a bevy of recent White House meetings, top officials have compiled specific recommendations from business groups and other advocates whose support could undercut GOP claims that Obama is exceeding his authority to help people who have already violated immigration laws.» Read More
All too often the American debate about immigration seems to be about a fantasy world in which the value and economic needs of the United States will decide our immigration future.
China may well become the world’s largest economy, but because it has exhibited fear of the Internet in its policies, it “can’t lead a knowledge-based revolution,” former Secretary of State Condoleezza Rice told CNBC Wednesday.
Given historical patterns and current circumstances—a bad economy—the most likely election scenario is a Democratic rout, but midterms often surprise.
The elections will leave the Republican Party in disarray on key economic issues. Congressional Democrats won’t be able to identify potential compromises until they know what Republicans want. This will create an opening for President Obama to frame his vision for international economic policy.
Arizona may be the frontline of the immigration policy debate, but states far from the Mexican border are also busy grappling with the costly problem of illegal aliens.
CNBC will track several key mid-term election contests that distill the dollars-and-cents dilemmas facing Americans as they choose new representatives, senators and governors this fall.
Top German officials and immigrant leaders on Sunday condemned remarks by a board nember of Germany's federal bank as racist and anti-Semitic. Chancellor Angela Merkel said the Bundesbank should discuss dismissing the banker.
Determined to show a commitment to stopping the flow of illegal immigrants, the Senate convened a special session Thursday and passed a $600 million bill to put more agents and equipment along the Mexican border.
The national unemployment rate edged down to 9.5 percent last month, but the private sector still has 7.9 million less jobs than it did at the end of 2007. New York City Mayor Michael Bloomberg told CNBC he is worried it could be a “long time” before companies really start adding to their payrolls.
In nationwide surveys that were conducted in 2008 and 2009, the Pew Center found that 23 percent of Americans said that Hispanics were discriminated against “a lot” in society today.
When the leaders of America's cities gather this weekend in Oklahoma City for the US Conference of Mayors, they will be faced with a late addition to the agenda, an emergency meeting on the BP oil spill.
A little known program allows foreigners to invest in U.S. businesses and create jobs in exchange for a green card. Think of it as "immigration through investment". Foreigners can apply for it by proving they'll pour $1 million into a U.S. company.
All this week, the NBC news family is focusing attention on "A Nation Divided," and ahead of President Obama's Silicon Valley visit on Wednesday, I was asked to look at the H1-B visa issue again, especially as it relates to the tech community and a new hiring wave.
We seem incapable of dealing with illegal immigration. As a nation, we're ambivalent about enforcing the law and securing the border. Like Prohibition, immigration is enforced intermittently, seemingly half-heartedly. Perhaps we should either get serious or throw in the towel.
Major demographic differences with the rest of the nation could present roadblocks for future social and education programs, while delayed retirement will affect housing and labor market trends.
Contrary to popular belief - and one often fueled by misperception and misinformation, major IT services companies do not hoard visas and they do not displace American workers. However, before favoring massive H1-B reform or outright abolishment, opponents should take a closer look at its implications from a global perspective.
Bank of America is starting to withdraw offers to some MBA students that graduate from US business schools this year, the Financial Times reported Monday.
Former GE Chairman Jack Welch visits Fast Money with a capital solution to immigration.
I received this response from a gentleman in Portland, Ore., to my previous post on housing and immigrtion. He happens to be a mortgage consultant. He's absolutely right. All of this seems to come right back to the lenders:
There’s an interesting article in the Washington Post today about immigration and housing being linked. This is not the first time I’ve discussed this, but generally we talk about it in terms of rising demand for housing. This article discusses how in Prince William County, VA, home prices and a rising Hispanic population went hand in hand.