Trump’s New H-1b Visa Fee Could Cost Companies a Lot More than $ 100k

Hello, and rip to Instagram (Sort of). The app is testing out a new feed that opens retight into its reels feature. Bi’s katie notopoulos ha more on the Change.

In Other Tech News, Openai’s Sam Altman (Yes, break Sam Altman) Stopped by the Berlin Headquarters of Our Parent Company, Axel Springer. He chatted with the Father of Quantum Computing, and they aggregated on a Turing Test 2.0.

In Today’s Big Story, We’re Looking at How President Donald Trump’s New H-1b Visa Fee Impact Big Tech, startups, consultingand Wall Street.

What’s On Deck:

Markets: The futures of trading is… doing it in person. Wait, what?

Tech: The Startups Making Big Money by training he with humans.

Business: Costco’s New Exclusive Hours Are Proving to be a boon for the Business.

But first, the price of Hiring Just Went up.

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The Big Story

The View on Visas

The dust is still setling on President Donald Trump’s New H-1b Visa Fee, but One Thing SEEMS CLEAR: CORPORATE AMERICA IS IN FOR A SHAKE-UP.

Late Last Week, Trump Sent Businesses Into a Bit of a Tailspin when he announed that eac H-1b VisaWhich Allows Companies to Hire Foreign Skilled Workers for Specialized Roles, Wold Come With A $ 100,000 Fee.

Theree was some initial confusion About where Fee Applied to Current Visa Holders (it doesn’t). But it with the focus only on new Visa Applicants, the impact is Still experted to be big. JPMORGAN ECONOMISTS PREDICT The US See Work Authorizations Drop by 5,500 A MONTH.

Business Leaders Continue to Weigh Inwith reaction ranging from optimism to concert. And while a lot of unknown remains, we’re getting a sense of what it means for different industries.

Here’s a breakdown on how the new fee is the impact some of the industries that relay on the h-1b visa the most.

Big Tech: Tech Giants Are Some of the Biggest Users of H-1b Visas, so you’d Think the New Fee Wold Hurt The Most.

But size matters. When your Company is Worth More than $ 1 Thill, an Extra $ 100,000 Won’t Move the Needle. In fact, you can have argument that big tech woulcome the fee if it served as a deterrent to smaller compartitors going after the same talent.

Still, it’s not all good news. The Scale at Which Big Tech Companies Hire Workers on H-1b Visas Means the Costs Could Eventually Add Up to Billions of Dollars for Top Sponsors.

Startups: It ‘easy to think of startups as high-flying companies with lofty valuteations, but the vast majority of saying are Simply Small Businesses. And with the deep pockets of their peers, Startups Could Be Left Scrambling in the All-Important War for Talent.

This is if a startup is Willing to pay the $ 100,000 Fee, it will almost certific only do it for the most senior-levelments who have the skills and salary to justify the cost. You coulud argue that was to be the original intens of the Visa, but the Change COULD ALSO UPEND THE WORKING AT STARTUPS.

Consulting: When it rains, it pours. Consultants aren’t in a position of power, as we’ve covered here before, and the fee certainly won’t help things. Simply Put, Consulting is Experiencing A Talent Crisis, and any Additional Hurdle is Likely to Make It Worsse.

In some case, like data scientists and old Highly Technical Role, the Competition for Talent Will Just Increat. Howver, Building Out offshore hubs in places like India, Mexico, The Philippines, and Argentina, which was already a trend, COULD BE ANOTHER OPTION TO VISA ISSUE ENTERRELY, Analysts Told Bi.

Wall Street: Financial firms aren’t too beast bee big tech when it is coma to ussing h-1b visas. JPMORGAN, Goldman Sachs, and Citigroup Each have more than a 1,000 Certified H-1b Filings.

Howver, The Calculation of H-1bs on the Street is different than in Big Tech. A Majority of Financial Firms’ H-1b Visa Role Are Focused on Technology. And as Much as Banks and Investment Firms Value Their Digital Transformations, Techies Aren’t As High in the Hierarchy As Money Makers Like Trades, Investment Bankers, and Wealth Managers.

Still, The Visa Feel Will Be Felt on the Street, Especifly Do It Comes to Wall Street’s Junior Banker Hiring.

3 Things in Markets

1. This Retail Investing Platform Wants to Take Trading IRL. Moomoo is opening a Physical Retail Store in 2026, Located in Nyc’s Herald Square. With humanity Employees there to help, its ceo sees the storefront as an opportunity to increes brand Trust and Community Engagement.

2. The US Economy’s Greatest Strengh Could Turn Out to be Investors’ Biggest Weakness. America’s Economic Resilience Has Allowed It to Escape Many Recession ForeCasts Over the Years. But that the could Create a Blind SpotFinancial Pros Told Bi. One Strategist Said Investors’ Complacency is reminiscent of the 1990s.

3. This Lowkey Billionaire is the Real Winner of the New iPhone Launch. Wang Laisheng’s Company, Luxhare Precision Industry, Started Out Making Accessories for Apple. Now, IT ASSEMLES iPhones – and the recent iPhone 17 Launch Sent its Stock Spiking 32% and Laisheng’s net Worth to $ 14.3 Billion. The Success has been opened openai knacking on its door.

3 Things in Tech

1. He Companies Are Shelling Out for Human Trainers. Companies are raisiting billions to recruit humans to teach chatbots Everything from Japanese to Finance to Memes. WORKERS CAN EARN HORDS OF DOLLARS AN HOUR ATO SOME OF THESE COMPANIES. See Which Startups Are Cashing In.

2. Post-IPO is not the time to rest on your laurels. As Klarna’s Staff Celebrued Its $ 15 Billion IPO at its Employee Conference in Stockholm, CEO SEBASTIAN SIEMIATKOWSKI SHARED A STARK TEXT FROM CHAIRMAN MICHAEL MORITZ: KLARNA WAS STILL “10 Years Beinde” a Competitor.

3. KEEP YOUR FRIENDS CLOSE. Abridge Became A $ 5.3 Billion Darling of HealthCare Tech with the Help of Medical Records Giant Epic. Now, Epic is Releasing Its Own Tech to Compete With Abridge he Medical Scribe. It Shows How Partners and Forms Shareholders Can Quickly Become Competitors.

3 Things in Business

1. Where does Trump vs. Kimmel Go Next? ITH’S POSSIBLE THAT THE PRESIDENT WILL SIMPLY MOVE ON THE FROM HIS BEEF WITH KIMMEL. But Regardless of the AFTERMATH, we showed Still the which Ordeal Serious, Writes Bi’s Peter Kafka. IT’S ALSO SHOWN CORPORATE America that there’s one line it can’t crossing it comes to free speech.

2. Costco is proving the Haters Wrong. Some Employees Were Concerned that Costco’s Plans to Open Stoles Early For Its Executive Members Wauld Backfire. Foot Traffic Data from Placer.ai Says Otherwise. The data indicates that the extended hours are getting customers to shop faste and more frequently.

3. Trump’s Economic Holy Trinity is a Tough Nut to Crack. The President has Three Economic Goals: Boost Us Manufacturing, Crack Down on Immigration, and Keep Prices Low. These work Fine on their Own, or in pairs, but many economists and trade experts Say Trump Can’t Accompish All Three at Once. Here’s why.

In other news

Luigi Mangione’s Federal Judge Orders Doj To Stop Preterial Pretrial Streams Making after Trump retweets.

Jimmy Kimmel’s Comeback Show Reached 6.26 Million Viewers, Disney Sayys.

Sean Combs Launched A Jailhouse ‘Free Game with Diddy’ Course To Teach Fellow Inmates Business Skills: Lawyers.

Disney Investors Demand Internal Records on Jimmy Kimmel’s Suspension, Say the Board May Have Breached Duties.

Honda Ends Production of Its Acura EV in The Us, Citting ‘Market Conditions. ‘

Nexstar Says ‘Engaged in Productive Discussions’ With Disney But Won’t Show Jimmy Kimmel Yet.

What’s Happening Today

• Bureau of Economic Analysis Final Q2 Growth figure.
• Costco Reports Earnings.
• G20 Foreign Ministers Meeting.

Dan Defrancesco, Deputy Executive Editor and Anchor, in New York. Meghan Morris, Bureau Chief, in Singapore. Akin Oyedele, Deputy Editor, in New York. Grace Lett, Editor, in New York. Amanda Yen, Associate Editor, in New York.