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Judge agrees to pause the ruling abolishing the "Trump $100,000 H-1B visa fee"

Judge agrees to pause the ruling abolishing the "Trump $100,000 H-1B visa fee"

``` A federal judge in Boston will temporarily pause his previous decision to revoke the $100,000 fee imposed on new H-1B workers, while the Trump administration seeks an emergency stay from the appeals court. Judge Leo Sorokin, in his June 8 ruling, found that the six-figure fee imposed by the

Market crowded trades quickly unwind! Hedge funds’ net leverage drops sharply to the 8th percentile of the past year.

Market crowded trades quickly unwind! Hedge funds’ net leverage drops sharply to the 8th percentile of the past year.

``` Hedge funds completed a drastic position reset in less than a week. The latest data from JPMorgan shows that hedge fund net leverage has plummeted to the 8th percentile over the past year, and one of the most closely watched bearish arguments in the market (overcrowded positions) is quickly fading.

Traders' bullish sentiment toward the US dollar has risen to the highest level in over a year.

Traders' bullish sentiment toward the US dollar has risen to the highest level in over a year.

``` As the Middle East war has strengthened the US dollar’s status as a safe-haven asset, traders’ optimism toward the dollar has reached the highest level in over a year. According to data published by the US Commodity Futures Trading Commission (CFTC) on Friday and compiled by Bloomberg, as of

U.S. Strategic Petroleum Reserve exports hit a record high, with 90% flowing to Europe.

U.S. Strategic Petroleum Reserve exports hit a record high, with 90% flowing to Europe.

The Iran war has triggered unprecedented supply disruptions, making U.S. emergency crude oil a key buffer for the global market. The global energy market is relying on the U.S. Strategic Petroleum Reserve (SPR) as never before to fill the supply gap caused by the Iran war. So far

A major turning point in the Gulf situation? The UAE is reportedly set to unfreeze ten billion dollars for Iran in exchange for a pledge to stop attacks.

A major turning point in the Gulf situation? The UAE is reportedly set to unfreeze ten billion dollars for Iran in exchange for a pledge to stop attacks.

``` Media reports from Friday, June 12th Eastern Time indicated that the UAE and Iran are secretly advancing a multi-billion dollar funding arrangement. Citing sources, the media reported that the UAE had agreed to unlock large-scale funds for Iran, with the first tranche of about $3 billion already transferred. This move

Elon Musk becomes the world's first trillionaire.

Elon Musk becomes the world's first trillionaire.

Musk recently wrote on his social platform: "Those who said 'money can't buy happiness' really hit the mark." Now, he is testing the truth of this statement on an unprecedented scale. SpaceX's initial public offering (IPO) set a historic record, propelling Musk

SpaceX sparks IPO frenzy, JPMorgan: Wall Street investment banking business may be undervalued

SpaceX sparks IPO frenzy, JPMorgan: Wall Street investment banking business may be undervalued

``` J.P. Morgan believes that the market has underestimated the boost to investment banking performance from giant IPOs such as SpaceX, and has accordingly issued a short-term tactical buy signal. Rob Dwyer and Ayano Tsunoda from the bank's dedicated sales team pointed out that heightened market volatility and