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  • Articles posted by Emrah Tüzün
  • Page 5

USCIS Extends Automatic EAD Renewals to Enhance Work Permit Access

Wednesday, 24 April 2024 by Emrah Tüzün

Learn about USCIS’s efforts to simplify and improve access to work authorizations for eligible non-citizens through extended automatic EAD renewals. Get details here.
USCIS is extending automatic renewals for Employment Authorization Documents (EADs) to facilitate access to work permits for eligible non-citizens. Discover more about this temporary final decision aimed at simplifying and enhancing the process: USCIS Increases Automatic Extension of Certain Employment Authorization Documents to Improve Access

https://www.uscis.gov/newsroom/news-releases/uscis-increases-automatic-extension-of-certain-employment-authorization-documents-to-improve-access

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Economists Forecast Growth, Inflation, and Interest Rate Increases

Wednesday, 24 April 2024 by Emrah Tüzün

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

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IMF Warning: U.S. and China Debt Surge Threatens Global Economy

Wednesday, 24 April 2024 by Emrah Tüzün

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

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U.S. Housing Market Downturn: Mortgage Rates Surpass 7%

Wednesday, 24 April 2024 by Emrah Tüzün

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

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USCIS Updates Policy Manual with DOL Definition of ‘Science or Art’

Wednesday, 24 April 2024 by Emrah Tüzün

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

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US junk and financial bond spreads indicate improved outlook.

Thursday, 04 April 2024 by Emrah Tüzün

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

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Fed’s Preferred Inflation

Thursday, 04 April 2024 by Emrah Tüzün

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

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H-1B Form I-129 filing location change and updates for FY 2025 H-1B cap season.

Thursday, 04 April 2024 by Emrah Tüzün

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

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New citizens can now easily request updates to their Social Security information.

Thursday, 04 April 2024 by Emrah Tüzün

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

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US housing starts exceeded expectations in February.

Monday, 25 March 2024 by Emrah Tüzün

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/

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