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Though the median household income went up by just 1% nationwide in 2024, incomes grew much faster in some major cities.
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China kept its loan prime rates unchanged for the fourth month in a row as expected, even after the Fed lowered its rates by 25 basis points last week.
After a sluggish period for public listings in Europe, a slew of companies have either recently floated or are rumored to be eyeing an IPO in the region.
Morning brief: UK may cut visa fees, Palestine recognised, US clarifies H‑1B, Goldman raises S&P 500 target. [https://invezz.com/wp-content/uploads/2025/09/Morning-brief-1-1.webp] Monday’s global headlines cover major shifts in policy and markets. The UK plans to cut visa fees to attract skilled workers amid labour shortages, while Canada, Australia, and the UK formally recognise Palestine, aiming to revive hopes for a two‑state solution. Meanwhile, the US clarifies one-time H‑1B fees, and Goldman Sachs raises its S&P 500 target, reflecting cautious market optimism. A glance at Monday’s major news developments. UK EYES BOLD VISA FEE CUT The UK is said to be planning a big change to cut visa fees for skilled workers, news platform Financial Times reported on Monday. This comes as businesses struggle to find talent in areas like tech, health, and engineering. Visa costs have been a major blocker for many, pushing them to look at countries like Canada or Australia instead. Prime Minister Keir Starmer is backing the idea to make the UK more attractive to international professionals. Companies have welcomed the news, hoping it will make hiring easier and less…
UK considers abolishing fees for its Global Talent Visa. [https://invezz.com/wp-content/uploads/2025/09/UK-visa.webp] The UK government is weighing a plan to scrap visa fees for global top talent seeking to live and work in the country. The potential move reported by Financial Times is potentially aimed at making Britain far more welcoming for elite professionals in fields like technology, science, and the arts. Right now, top minds from overseas must pay hundreds of pounds in application and health surcharge fees just to work and live in the UK. Scrapping these costs would be a bold statement in the global race for talent, at a moment when fierce competition internationally means every skilled worker is a prized catch. UK’S POSSIBLE AMBITIONS BEHIND THE FEE SCRAP The real motivation here seems to be bigger than just boosting immigration numbers, as it’s about future-proofing Britain’s economy. UK businesses and universities have made no secret of their struggles to recruit world-leading experts, from programmers to biochemists, as post-Brexit rules and rising living costs have begun to bite. Visa charges for the country’s coveted Global Talent Visa, can…
Luxshare saw its shares jump about 10% following a report that the Chinese device assembler had signed a deal with OpenAI to produce a consumer AI device.