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Texas Gov. Greg Abbott is ordering state agencies and public universities in Texas to halt H-1B hiring, the latest setback for foreign workers looking to work in the US.In a letter to Texas state agency heads on Tuesday, Abbott wrote that there had been “recent reports of abuse” in the H-1B visa program, which is designed to bring high-skilled foreign workers to the US.”Texas taxpayers invest billions to train our workforce,” Abbott wrote on X. “Those jobs should go to Texans.”Abbott is also directing agencies and universities to provide information on how many petitions they submitted in 2025, how many…

A “sale pending” sign is posted in front of a home for sale on November 30, 2023 in Larkspur, California.Justin Sullivan | Getty ImagesSerious headwinds in the housing market and the broader economy are tanking home sales at an alarming rate.More than 40,000 signed home purchase agreements were canceled in December, representing 16.3% of all homes that went under contract, according to Redfin, a real estate brokerage. That’s up from 14.9% in December 2024. It’s is also the highest share since Redfin began tracking this metric in 2017.”High housing costs and rising inventory have made homebuyers more selective,” said Chen…

General Motors Chevrolet Traverse sport utility vehicles sit on the assembly line at the company’s Lansing Delta Township Assembly Plant in Lansing, Michigan, Feb. 21, 2020.Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT — General Motors expects to outproduce crosstown rival Ford Motor to become the top assembler of vehicles in the U.S. in the coming years.GM CEO and Chair Mary Barra announced the target Tuesday as the company reported its 2025 earnings and gave a 2026 outlook that included between $3 billion and $4 billion in expected tariff costs.”As we look further ahead, our annual production in the U.S. is…

For many financial advisors, the required minimum distribution (RMD) is often treated as a minor, once-a-year administrative task. But for roughly 1 in 3 RMD-age clients who either missed a distribution or withdrew too little, that oversight can turn into a costly mistake come tax time, Vanguard research shows.Processing ContentAnalyzing roughly 400,000 RMD-age clients with Vanguard traditional IRA balances of at least $5,000, researchers found that 6.7% failed to take a required distribution in 2024 (the most recent data available), while another 24% withdrew less than their full RMD. With the average missed RMD hovering around $11,600, the typical client…

Billionaire Tom Steyer came out in favor of a proposed tax on California’s wealthiest residents, adding a prominent voice to a debate that has divided top Democrats and rattled Silicon Valley’s elite. Processing ContentSteyer, who is running for California governor, said he’ll vote for the one-time 5% tax on billionaire wealth if it reaches the November ballot, even as he expressed concerns about the levy’s design. “As drafted, the billionaire tax is a temporary fix to a permanent, structural problem, trying to backfill the damage caused by the Trump administration’s disastrous cuts to Medi-Cal, the healthcare system for more than one in…

Eight years ago, I felt completely overwhelmed in my job search. Not only was I reentering the paid workforce after a career break, but I was also attempting to pivot into a new field and finding a job that fit my life as a parent.After receiving yet another rejection, I drowned my sorrows in a pint of ice cream, wondering how anyone is supposed to figure this out.That moment marked a turning point in my approach to job applications. Instead of sending out applications at random, I leaned on my more than 15 years of HR experience to create a…

Kate Sieler and Samantha Martin had a secret.For several months, the cofounders of dating app Left Field had to keep their lips sealed about pitching their startup on the hit show “Shark Tank.””It was definitely a crazy secret to be sitting on for so long, especially because there’s no guarantee that the episode is going to air,” Sieler, 26, told Business Insider.The pair’s “Shark Tank” experience began with an unexpected email from a producer — which they initially thought was spam — and included months of video calls before they flew to Los Angeles to pitch on camera.On set, the…

President Trump speaks as U.S. Secretary of War Pete Hegseth looks on during a meeting of his Cabinet in the Cabinet Room of the White House in December 2025. Chip Somodevilla/Getty Images hide caption toggle caption Chip Somodevilla/Getty Images Relatives of two Trinidadian men killed in an air strike last October are suing the U.S. government for wrongful death and for carrying out extrajudicial killings. The case, filed in Massachusetts, is the first lawsuit over the strikes to land in a U.S. federal court since the Trump administration launched a campaign to target vessels off the coast of Venezuela. The…

A worker drives a United Parcel Service (UPS) truck on Oct. 28, 2025 in Los Angeles, California.Mario Tama | Getty ImagesUnited Parcel Service on Tuesday announced that it was planning to eliminate an additional 30,000 jobs this year as part of winding down its partnership with Amazon and a multi-year turnaround plan.CFO Brian Dykes said on a call with analysts Tuesday following the company’s quarterly earnings release that UPS plans to reduce total operational hours by approximately 25 million associated with the Amazon decline.”In terms of variable costs, we expect to reduce operational positions by up to 30,000,” Dykes said.…

AI is remaking creative industries at breakneck speed. And the growing pile of AI tools is turning the creative process into a game of model-hopping as artists, designers, and writers bounce between different platforms.Founded in Brooklyn, New York, in 2024, FLORA wants to help creatives streamline those processes. On Tuesday, FLORA revealed it had raised $42 million in Series A funding led by Redpoint Ventures. The company has raised $52 million in funding to date.FLORA combines the latest AI models — such as Google’s Nano Banana and OpenAI’s ChatGPT 5.1 — into a single interface that lets teams collaborate on…