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Home > Latest

Lates News

date
09/10/2026
On Thursday, the U.S. memory chip and hardware supply chain index closed down 3.78% at 201.83 points, the lowest close since September 17. All constituent stocks fell, with SanDisk down 4.9%, while Micron Technology, SK Hynix ADR, and Seagate Technology fell by as much as 4.79%. In addition, Kioxia ADR dropped 6.48%.
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The U.S. federal government said on the 8th that it will suspend Microsoft and several other tech companies from participating in the "permanent labor certification" program. The program is the first step for foreign employees holding H-1B visas to apply for U.S. employment-based permanent residency (green card) through their employers. At the same time, nine U.S. universities, including Harvard University and Stanford University, are facing investigation on suspicion of "J-1 visa fraud." U.S. Vice President Vance, announcing the decision targeting Microsoft at a press conference held at the White House that day, said the company "has engaged in fraudulent behavior," and that Microsoft must hire excellent American workers, "You cannot fire American workers and then replace them with foreign workers whose conditions are unstable." The H-1B visa is a type of temporary work visa in the United States. It is a non-immigrant visa, usually valid for three years and extendable to six years. (CCTV).
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St. Louis Fed President: Further rate hikes still needed over the next 6 to 9 months; inflation is the top problem for the U.S. economy
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