Anjana PV

1 week ago | financialexpress.com | Anjana PV

As over 50,000 tech jobs vanish across the globe in early 2025, fueled by AI disruption, cost-cutting, and industry downsizing, many professionals, particularly Indian workers on H-1B visas, are reassessing their future in the United States. Major companies such as Microsoft, Meta, CrowdStrike, and Block have been at the center of this wave of layoffs, raising concerns about job security, automation, and the future of work.

1 week ago | financialexpress.com | Anjana PV

Political commentator Megyn Kelly has ignited a firestorm online after publicly criticising MIT graduate Megha Vemuri, who used her commencement address to condemn the university’s research collaborations with the Israeli military and voice strong support for the Palestinian people. Vemuri’s remarks, delivered during the Massachusetts Institute of Technology’s Class of 2025 graduation ceremony, drew both applause and backlash.

1 week ago | financialexpress.com | Anjana PV

The H-1B visa programme, a vital pipeline for U.S. employers to recruit skilled professionals in fields like technology, engineering, and healthcare, is facing increased scrutiny and restrictions. Indian nationals constitute over 70% of H-1B holders, making them the most affected by recent policy shifts.

1 week ago | financialexpress.com | Anjana PV

The core PCE Price Index—which excludes the more volatile categories of food and energy—rose 2.5% year-over-year, easing from a 2.7% increase in March and matching analyst forecasts. Both the headline and core PCE indices saw modest monthly gains of 0.1%. In addition to the inflation data, the report showed that personal income rose 0.8% in April, while personal spending increased by 0.2% on a monthly basis, suggesting continued, albeit cautious, consumer activity.

1 week ago | financialexpress.com | Anjana PV

A recent U.S. student visa rejection has sparked confusion after a student was denied despite having an admission offer from the University of Minnesota, Twin Cities, a well-regarded American university.