WASHINGTON— Senate Democrats prepared Tuesday to whack $1 billion from President Barack Obama's emergency spending request for the border, while leaving out policy changes Republicans have demanded as their price for agreeing to any money.» Read More
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.
Americans are relatively unconcerned about the subprime mortgage troubles, and they say President Bush is doing a better job, according to the latest NBC News/Wall Street Journal poll.
The U.S. government is planning a workplace crackdown on illegal immigrants after Congress failed to overhaul immigration laws, a Homeland Security Department spokesman said Wednesday.
An interesting op-ed in the Boston Globe last week from Nicholas P. Retsinas, director of the Joint Center for Housing Studies at Harvard University. The premise: baby boomers had better embrace immigrants, because they’re the ones who are going to buy their homes.
U.S. Commerce Secretary Carlos Gutierrez told CNBC’s “Morning Call” that June’s employment report shows the economy can grow without reigniting inflation. ... But he also said the job market underscores the need for immigration reform: “What I hear from companies and small businesses is you either have to give us a legal channel for workers or you’re forcing me to hire illegally or forcing me to go out of business,” Gutierrez said.
This week's collapse of comprehensive immigration reform made all of Washington look inept. But here's a glance at the biggest losers: Arizona Sen. John McCain. Once the front-runner for the Republican presidential nomination, Mr. McCain has seen his poll numbers dwindle as conservative activists cried “amnesty” over the bipartisan legislation he co-sponsored. His campaign blames fallout over the issue for contributing to his lagging fund-raising. .