Discover the latest projections for economic growth, inflation, and future interest rates from a recent quarterly survey conducted among business and academic economists. Get insights here.
Recent quarterly surveys conducted among business and academic economists reveal increased projections for economic growth, inflation, and future interest rates. Learn more about these forecasts and their implications:

https://www.wsj.com/economy/where-are-growth-inflation-and-interest-rates-headed-we-asked-the-economists-2a48c8a4?mod=economy_trendingnow_article_pos4

Learn about the International Monetary Fund’s urgent call for the U.S. and China to curb future borrowing, citing heightened debt levels that pose significant risks to the global economy and could affect interest rates worldwide. Get insights here.
The International Monetary Fund (IMF) has issued a stark warning, urging the U.S. and China to rein in future borrowing due to escalating debt levels that present substantial risks to the global economy. Discover how this surge in debt could impact interest rates globally. For further details, visit:

https://www.wsj.com/economy/global/imf-warns-surge-in-u-s-china-debt-could-have-profound-impact-on-global-economy-c3758d81?mod=economy_lead_pos4

Discover the impact of mortgage rates exceeding 7% on the housing market, with March witnessing the sharpest monthly decline in home sales in over a year. Learn more about the challenges facing the real estate industry. Read more.
The U.S. housing market is experiencing a downturn as mortgage interest rates climb above 7%. March recorded the sharpest monthly decline in home sales in over a year, intensifying pressure on the industry amidst ongoing uncertainty surrounding real estate commissions. For detailed insights, visit:

WSJ – Home Sales, Mortgage Rates March Report

Learn about the updated policy guidance from USCIS, incorporating the U.S. Department of Labor (DOL) definition of ‘science or art’ for Schedule A, Group II cases. Get more details here.
The U.S. Citizenship and Immigration Services (USCIS) has incorporated the U.S. Department of Labor (DOL) definition of “science or art” into its policy guidance in the USCIS Policy Manual, particularly for cases under Schedule A, Group II. For further information, visit:

https://www.uscis.gov/newsroom/alerts/uscis-adopts-department-of-labor-definition-of-science-or-art

Two of the fixed-income securities that best signal economic distress are rising as the economy picks up. This trend may continue as recession fears recede. For more information

https://www.bloomberg.com/news/articles/2024-03-29/spreads-for-us-junk-financial-bonds-portend-improved-outlook?srnd=economics-v2

Consumer spending surpassed all estimates due to strong wages, with the Core PCE price index increasing by 0.3% following a robust January reading. For more information:

https://www.bloomberg.com/news/articles/2024-03-29/fed-s-core-inflation-gauge-posts-biggest-sequential-gain-in-year?srnd=economics-v2

FY 2025 H-1B cap registration closed on March 25, 2024. USCIS will soon select beneficiaries and notify selected petitioners to file H-1B cap-subject petitions. For more information:

https://www.uscis.gov/newsroom/alerts/h-1b-form-i-129-filing-location-change-and-fy-2025-h-1b-cap-season-updates-and-reminders

The U.S. Citizenship and Immigration Services has revealed that as of April 1, individuals submitting Form N-400, which pertains to Application for Naturalization, will now be able to opt for either acquiring a new or replacing an existing Social Security number (SSN) or card, and can also revise their immigration status with the Social Security Administration (SSA) without the necessity of a physical visit to an SSA facility. For more information:

https://www.uscis.gov/newsroom/alerts/new-citizens-will-be-able-to-seamlessly-request-social-security-updates

The US Department of Commerce released housing starts and building permit data for February. According to the data, the number of new housing starts increased in February compared to the previous month. For more information:

https://finans.mynet.com/haber/detay/emlak/abd-de-konut-baslangiclari-subatta-beklentileri-asti/479466/

While the growing immigrant population in the US has caused divisions among politicians nationwide and fueled anxiety among many voters, there’s one area where nearly everyone appears to be in agreement. For more information:

https://www.bloomberg.com/news/articles/2024-03-22/immigration-is-fueling-us-economic-growth-while-politicians-rage?srnd=economics-v2