The American Bazaar

09/20/2025

After a weekend of chaos and skyrocketing airfares, there’s finally some good news. A White House official has indicated that the new $100,000 H-1B fee will apply only to new visa applications — not to those who already hold a valid H-1B.

The update, though not yet backed by an official press release, offers a much-needed respite for hundreds of harried visa holders and corporations that scrambled to protect employees. Still, key questions remain, and lawsuits challenging the order are already in the works.

Read the full story in The American Bazaar: https://americanbazaaronline.com/2025/09/20/h-1b-visa-white-house-signals-100000-fee-applies-only-to-new-visas-467856/

The clarification offers temporary respite to visa holders caught in weekend chaos, though official confirmation and legal challenges remain ahead.

09/20/2025

Friday night turned into absolute mayhem for the H-1B visa community in the United States. Immigration attorneys from coast to coast scrambled to draft lawsuits, corporate legal teams rushed to safeguard employees, and online forums lit up with panic over President Trump’s executive order attaching a $100,000 fee to every new and renewed H-1B visa. Critics call it an unprecedented blow to America’s immigration system — one that disproportionately impacts Indian professionals, tech firms, and the global talent pipeline. Attorneys are preparing multiple lawsuits, while policy experts warn that the proclamation bypasses established legal processes and may not withstand judicial scrutiny. Read Zofeen Maqsood’s full report in The American Bazaar:

The proclamation bypasses Congress, sparks fears of job losses and a talent drain, and leaves attorneys and employers scrambling for clarity.

09/20/2025

President Trump has signed a proclamation imposing a $100,000 fee on every H-1B visa application — a move critics warn could cripple Silicon Valley’s talent pipeline and devastate immigrant communities, especially Indian professionals who currently account for more than 70% of all H-1B visas.

Read the full story and what it means for the future of tech and immigration: https://americanbazaaronline.com/2025/09/19/trump-targets-h-1b-visa-witha-100000-fee-467832/

09/20/2025

Must read!!

A move critics call an “economic wrecking ball” could devastate the tech workforce, with Indian professionals hardest hit.

09/09/2025

A new Gallup poll finds that only 54% of Americans now view capitalism positively — the lowest level since Gallup began tracking attitudes in 2010. Nearly 40% say they view socialism favorably, reflecting a major shift in public sentiment.

Among Democrats, the change is most striking:

-- Just 42% hold a favorable view of capitalism

-- 66% view socialism positively, making them the only group to prefer socialism over capitalism

-- Independents lean slightly toward capitalism (51%) over socialism (38%).
-- Republicans remain firmly pro-capitalism (74%) and strongly opposed to socialism (14%).

The backdrop? Stagnant wages, rising living costs, and soaring inequality. Federal Reserve data shows the top 0.1% of Americans control $22.2 trillion in wealth, more than five times the combined holdings of the bottom half of the population.

While 95% of Americans still view small business favorably and 81% support free enterprise, attitudes toward big business have soured sharply, with only 37% viewing it positively. Trillion-dollar corporations reporting record profits — even as they announce layoffs and keep wages flat — have only deepened skepticism.

Gallup concludes that Americans broadly support the economic system, but capitalism’s image has dimmed amid inequality, inflation, and political polarization.

Read the full article here: https://americanbazaaronline.com/2025/09/08/54-percent-americans-view-capitalism-positively-gallup-467324/

As Americans’ faith in capitalism hits a record low, two-thirds of Democrats now view socialism positively.

09/07/2025

Builder. Operator. Angel. Mentor. Yash Shah has lived all these roles — and more.

An immigrant engineer who once lost a venture, bought it back, and eventually exited, Shah has gone on to:
-- Co-found Jeavio, an enterprise-tech services firm scaling startups and PE-backed companies
-- Serve as CTO of SevOne, later acquired by IBM for $1.8B
-- Invest in and mentor dozens of founders through Indus Ventures
-- Lead TiE Boston as president, guiding it to win the Best Chapter Award globally, and now shaping the organization as part of its global board

In this exclusive interview with The American Bazaar, Shah opens up about the grit behind his entrepreneurial journey, the lessons he shares with founders, and why he believes AI is the next great accelerant for entrepreneurship.

Read the full interview: https://americanbazaaronline.com/2025/09/07/builder-operator-angel-mentor-yash-shah-467264/
Indian American Business Community

An immigrant engineer who lost a venture, bought it back, and exited — now scaling founders through Jeavio and TiE, and betting on AI as the next big accelerant.

09/06/2025

The latest BLS report shows the U.S. added just 22,000 jobs in August—well short of the 75,000 expected. Unemployment ticked up to 4.3%, the highest since 2017 (excluding pandemic years).
Behind the numbers are real stories of struggle.
-- Layoffs across tech giants like Intel, Microsoft, and Indeed.
-- AI beginning to displace entry-level engineers.
-- Young professionals sending out hundreds of applications—often into a void.
Read the full story here:

Experts warn of stalled wages and fresh fears fueled by AI, as Trump’s policies and high interest rates slow hiring and increase layoffs.

09/05/2025

In a significant move, U.S. Citizenship and Immigration Services (USCIS) has been granted expanded law enforcement powers. Under a new DHS rule, USCIS special agents will now be able to:
- Investigate immigration violations
- Carry fi****ms
- Execute search and arrest warrants
- Order expedited removals

This marks a major shift for an agency long focused on processing immigration benefits, with enforcement historically handled by ICE and CBP.

The announcement comes just a day after the Pentagon approved assigning up to 600 military lawyers as temporary immigration judges — a step critics say could further erode judicial independence.

The rule empowers USCIS agents to investigate, arrest, and prosecute immigration violations, while up to 600 military attorneys will serve as temporary judges.

09/03/2025

Even as trade tensions and tariffs cloud the headlines, Washington marked an important milestone this week with the launch of the Congressional Study Group on India. Hosted by the Former Members of Congress (FMC) and supported by the Roundglass Foundation, the initiative creates a bipartisan platform for lawmakers to engage with India on strategic, economic, and cultural issues.
Read the full story here:

The nonpartisan Congressional Study Group on India, supported by the RoundGlass Foundation, aims to deepen legislative engagement and foster long-term cooperation between the two democracies.

09/01/2025

What do Facebook, Amazon, Apple, and Bitcoin have in common?

Michael Saylor, Chairman of Strategy, Inc. and the driving force behind MicroStrategy’s bold Bitcoin strategy, believes they all fit into a deceptively simple investment formula:

Buy something that everyone wants, nobody can stop, and few understand.

From his early bets on Big Tech to his transformation of MicroStrategy into a Bitcoin treasury powerhouse, Saylor has shown how this 3-part framework can generate extraordinary returns.

In his latest column, Ajay Raju explores how the “Saylor formula” works, why it continues to shape markets, and what risks and lessons lie ahead for investors chasing the next big wave.

A must-read for anyone curious about how generational wealth is built in the digital age.

Read the full column here: https://americanbazaaronline.com/2025/09/01/buy-what-everyone-wants-what-nobody-can-stop-and-what-few-understand-466951/

Strategy, Inc. Chairman, Michael Saylor, has distilled decades of market observation into a deceptively simple formula: “Buy something that everyone wants, nobody can stop, and few understand.”

08/30/2025

Indian American Naureen Hassan has been named CEO of DriveWealth—the embedded-investing fintech powering ~2M trades/day across five continents. The former UBS Americas president, Morgan Stanley CDO, and NY Fed COO succeeds Michael Blaugrund. Read more https://americanbazaaronline.com/2025/08/30/indian-american-naureen-hassan-ceo-of-drivewealth-466935/

Veteran UBS/Morgan Stanley executive steps in as CEO of the embedded-investing fintech amid an accelerated growth phase.

08/26/2025

Commerce Secretary Howard Lutnick says H-1B and green card rules will change — with a new “gold card” for top talent. On Fox’s Ingraham Angle, Lutnick said the administration plans to overhaul skilled visas to “pick the best people,” and previewed a premium residency track.
Read the story
https://americanbazaaronline.com/2025/08/26/h-1b-visas-green-card-system-will-change-lutnick-466710/
Indian American Business Community

Commerce Secretary Howard Lutnick says H-1B program and the green-card system are set for overhaul, with a new “gold card” aimed at top talent; details and timelines remain unclear.