North of Dallas, towns like Frisco, Prosper and Celina became some of the fastest-growing suburbs in the US, fueled in part by corporate relocations and Indian-born workers with H-1B visas. But tech layoffs, higher visa costs, tighter immigration rules and AI disruption are now cooling demand in a housing market built around rapid growth.

H-1B Crackdown on Indian Workers Erodes a Texas Real Estate Boom: https://bloom.bg/4fsAv84

Skilled professionals who transformed a region now face exile.

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#Trump #Visas #Housing #Immigration #Tech

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The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by Navy Federal Credit Union Chief Economist Heather Long, CNN Havana Bureau Chief Patrick Oppman, Fmr. US Ambassador to Israel Tom Nides and Grindr CEO George Arison.

Chapters:
00:00:00 – Bloomberg This Weekend Begins
00:03:50 – News Now with Lisa Mateo
00:06:24 – Nasdaq & Bitcoin Plunge Amid Big Tech Selloff
00:08:58 – US Hiring Surges, Boosting Bets on Fed Rate Hike
00:11:07 – Bitcoin Recovers After Dipping Below $60,000
00:13:24 – Bessent: WH Asked Congress to Suspend Gas Tax
00:18:01 – Lisa Mateo with News Now
00:20:16 – War in Iran Approaches 100 Day Mark
00:21:38 – Four House Republicans Join Democrats to Pass War Powers Resolution to End Iran Hostilties
00:24:15 – Senate Passes ICE Funding Bill After All-Night Vote
00:28:46 – Wall Street Week Preview: Bolivia’s Investability
00:31:32 – News Now with Lisa Mateo
00:33:50 – Cuba Crisis Deepens as Blackouts Persist
00:35:36 – Power Failures Continue Across Cuba
00:39:04 – New Sanctions Add Pressure on Havana
00:41:34 – BTW with Lisa Mateo
00:48:36 – Top of the Hour with Bloomberg This Weekend
00:49:56 – Lisa Mateo with News Now
00:52:12 – AnnMarie Hordern Talks Q&A with Trump
01:06:36 – News Now with Lisa Mateo
01:08:10 – US Proposes New Tariffs Over Forced Labor
01:17:26 – Bloomberg Originals: The Most Expensive World Cup Ever
01:20:06 – Headlines with Lisa Mateo
01:22:20 – Analysis: What an AI Bubble Burst Looks Like
01:30:07 – Tony Nominees Talk Nominations, World of Theater
01:33:20 – Broadway Tax Credit Returns, For Now
01:33:28 – Govt. Incentives on Broadway vs. The West End
01:37:08 – Top of the Hour with Bloomberg This Weekend
01:38:08 – Lisa Mateo with News Now
01:41:37 – Trump: No Iran Deal Yet Because “They’re Proud”
01:43:05 – Iran Calls for Release of $24B of Foreign Assets
01:44:28 – Trump: Iran Has “No Choice” but To Make Deal
01:48:57 – Lebanese Pres. Issues Searing Rebuke to Iran
01:51:23 – Trump Holds Profanity-Filled Call With Netanyahu
01:55:08 – News Now with Lisa Mateo
01:57:10 – Grindr Moves From Dating App to Politics & AI
02:05:02 – Grindr Expands Footprint in Washington
02:12:49 – Lisa Mateo with News Now
02:14:34 – Minter: What’s the US Getting From the World Cup?
02:19:31 – FIFA World Cup Ticketing Process Targeted in Probe
02:23:40 – Pointed: The News Quiz for Risk Takers
——–
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Jared Bernstein, former chair at the Council of Economic Advisors and now a senior fellow at the Center for American Progress, discusses the role of economic issues in the upcoming primary elections. With several states, including California, holding primaries on June 2nd, Bernstein addresses whether economic concerns are motivating voters to participate in the primaries. He speaks with Romaine Bostick & Katie Greifeld on “The Close.”
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“Balance of Power: Late Edition” focuses on the intersection of politics and global business. On today’s show, Natasha Hall, Associate Fellow at Chatham House, says the White House’s silence after President Trump was expected to decide on a new Iran cease-fire plan reflects “massive indecisiveness” over the conflict’s end goal. Rep. Yvette Clarke (D-NY) says Louisiana’s new congressional map eliminating a majority-Black district is part of a broader redistricting push that is “devastating” for Black political representation. Moody’s Analytics Chief Economist Mark Zandi says the war with Iran needs to end immediately or recession will become more likely than not. Chris Hadfield, former International Space Station Commander, suggests Blue Origin’s rocket explosion is a setback for both Blue Origin and the entire space program.

Chapters:
00:00:00 – Balance of Power: Late Edition Begins
00:01:34 – Josh Wingrove Talks Latest on Pres. Trump Saying He’ll Soon Make Final Determination on Iran Deal
00:03:51 – Natasha Hall, Chatham House Associate Fellow, Says Trump Silence on Iran Shows ‘Massive Indecisiveness’
00:11:45 – Power Moves: Top Financial Stories of the Day
00:14:49 – Rep. Yvette Clarke (D-NY) on How The Redistricting Wave Will Impact Black Voters, Democrats, and the Congressional Black Caucus
00:25:12 – Mark Zandi, Moody’s Analytics Chief Economist, Says US is ‘Uncomfortably Close’ to Recession
00:32:06 – Chris Hadfield, Ret. Canadian Astronaut & Fmr. International Space Station Commander, on Setbacks From Blue Origin’s Rocket Exploding on Launchpad
00:37:31 – Kailey Leinz on Trump’s Reflecting Pool Renovation Tops $13M
00:40:01 – Political Panel React to Trump Reflecting Pool Renovation Price, Judge Orders Removal of Trump’s Name From Kennedy Center, Trump on Iran
——–
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Poland has become one of Europe’s standout growth stories, with an economy that crossed $1 trillion and a new generation of entrepreneurs returning home after studying and working abroad. Finance Minister Andrzej Domański points to decades of reform, EU integration, foreign investment and a diversified economy as drivers of Poland’s rise, while venture capitalist Aleksandra Pedraszewska says Warsaw’s technology scene now offers opportunities that were far less obvious a decade ago. But economists warn that sustaining the boom will require Poland to address large deficits, elevated defense spending, demographic decline and the need for more investment in research, education and innovation.
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