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Newsweek
18-07-2025
- Business
- Newsweek
Economic Warning as More Than Half-Million People Could Leave US This Year
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The U.S. could see hundreds of thousands leave the country this year thanks to President Donald Trump's immigration agenda, but experts believe his aggressive campaign of deportations and entry limitations could shrink the foreign-born labor force to the detriment of the economy. In a paper recently published by the conservative-leaning American Enterprise Institute (AEI), researchers estimated that U.S. net migration could end up between a negative 525,000 and 115,000 this year, which they said reflects "a dramatic decrease in inflows and somewhat higher outflows." This compares to nearly 1.3 million in 2024, according to Macrotrends, and 330,000 in 2020, when the COVID-19 pandemic brought global travel to an abrupt standstill. If their lower-end forecasts prove correct, it would represent the first time the U.S. has seen negative net migration in decades. Economic Warning As Over Half a Million People Could Leave US This Year Economic Warning As Over Half a Million People Could Leave US This Year Newsweek Illustration/Canva/Getty Given much of the American labor force consists of foreign-born workers—19.2 percent, per the Department of Labor—and immigrants also make up a significant share of the spending market, such a decline could put downward pressure on the labor force and consumer spending and reduce GDP this year by up to 0.4 percent. This echoes the findings of another paper, published by the Federal Reserve Bank of Dallas last week that estimates the decline in immigration could mean a 0.75 percent to 1.0 percent hit to GDP growth this year. "The drop in migrant inflows, and the drop in the foreign-born population more broadly, will have adverse effects on growth in the U.S. labor force, which will spill over into almost every sector of the economy," Madeline Zavodny, one of the authors of Dallas Fed paper, told Newsweek. This is exacerbated by the country's low birth rate—already a source of economic unease—which is leading to a shrinking share of the population in the "working-age" bracket. "The U.S. population is aging," Zavodny said, "and we rely on new immigrants to help fuel growth in the labor force and key sectors, from agriculture to construction to health care." White House spokeswoman Abigail Jackson, in response to some of these fears, told Newsweek: "President Trump's agenda to deport criminal illegal aliens will improve Americans' quality of life across the board. American resources, funded by American taxpayers, will no longer be stretched thin and abused by illegals." "President Trump is ushering in America's golden age and growing our economy with American workers," she added. Farm workers labor in the fields south of Bakersfield, in Kern County, California's breadbasket, on April 9, 2025. Farm workers labor in the fields south of Bakersfield, in Kern County, California's breadbasket, on April 9, 2025. Frederic J. Brown/AFP via Getty Images Giovanni Peri, a labor economist and professor at the University of California, Davis, said that the jobs impact of a sustained decline in net inflows will be felt the strongest in lower-skilled areas such as construction, agriculture, hospitality and personal services, and roles where American-born workers are unlikely to offset declining migrant inflows. As a consequence, he told Newsweek, prices in these sectors will likely increase. Stan Veuger, senior fellow in economic policy studies at AEI and one of the authors of the working paper, similarly said that the agriculture, leisure and construction sectors will be hit hardest by the drop in labor supply. He added that, on the demand side, a drop in foreign-born workers will impact real estate, as well as the retail and utilities sectors, the most. "Large firms may be able to attract some more workers to replace them, usually paying higher wages," Peri said, "while smaller firms will be more at risk of staying in business as they have smaller productivity and margins." Zavodny also said that small businesses will suffer the most—given these traditionally struggle to access temporary worker programs such as H-2A and H-2B visas—but that large employers will be affected too, and that "everyone will lose part of their customer base." The American Immigration Council estimates that the country's foreign-born population possesses about $1.7 trillion in spending power—of which $299 billion comes from undocumented immigrants—and paid $167 billion in rent in 2023. As outlined in AEI's paper, lower spending will reduce business revenues, prompting layoffs and putting another form of pressure on the labor market besides the declining workforce. Despite the potential economic fallout, Trump shows no signs of relenting on his campaign promises regarding immigration, with deportations in full swing and the president having recently signed the GOP reconciliation bill that frees up about $150 billion to help enforce that part of his agenda. "I would hope so, though I am not optimistic," said AEI's Stan Veuger, when asked whether the impact on economic growth could prompt a reconsideration of the administration's stance. "I think the people driving immigration policy in the White House do not care about the economic [or humanitarian] impact of their immigration policies."
Yahoo
17-06-2025
- Business
- Yahoo
If You Invested $10K in These 3 Dividend Stocks 10 Years Ago, You'd Be a Millionaire
Dividend stocks offer the unique advantage of simultaneously generating capital appreciation and passive income. Investors who own them enjoy the flexibility of harvesting their periodic distributions or reinvesting them to accelerate compounding. Read Next: For You: The best dividend stocks can turn even a comparatively modest investment into a small fortune relatively quickly. If you had invested $10,000 in these dividend stocks 10 years ago, you'd be a millionaire today. Nvidia has been Wall Street's number one growth stock darling of the last decade, but companies focused on growth reinvest their profits instead of distributing them as shareholder dividends, right? Most, but not all. Per Nasdaq, Nvidia began paying modest dividends in mid-2013, so investors who jumped on board in mid-2015 would have been reaping or reinvesting them for the last decade, a period of extraordinary growth for the company. Here's how your $10,000 would have grown over the last 10 years had you harvested your dividends as income. Check Out: June 11, 2015 share price: 53 cents, according to Macrotrends June 11, 2025 share price: $142.83, according to Macrotrends Returns: 26,849.06% 10-year ROI excluding dividends: $2,684,906 Reinvesting dividends can magnify gains exponentially. However, calculating long-term gains with a DRIP (dividend reinvestment plan) is more complex and inexact because dividend yields fluctuate over time, which affects the number of shares that can be purchased with each reinvestment, as does the stock's always-changing purchase price at the time of the reinvestment. Also, growing companies often issue stock splits, which change the number and value of a given investor's shares. Therefore, the calculation must rely on averages and close estimates. Initial purchase: 18,868 shares Stock splits since 2015: 4:1 in 2021 (75,472 shares) and 10:1 in 2024 (754,717 shares), per CompaniesMarketCap Approximate average dividend yield over 10 years: 0.25%, according to Macrotrends Approximate number of shares after 10 years: 852,557 Approximate ROI with dividend reinvestment at June 11 trading price: $121,770,716 Here's how your $10,000 would have grown if you invested it in the land-holding company Texas Pacific in 2015. This calculation is even more complex than NVDA because TPL issued several flat-rate 'special' dividends over the last 10 years on top of the standard yield, according to Seeking Alpha. June 11, 2015 share price: $50 June 11, 2025 share price: $1,100 Returns: 2,100% 10-year ROI excluding dividends: $220,000 Initial purchase: 200 shares Stock splits since 2015: 3:1 in 2024 (600 shares), per CompaniesMarketCap Approximate average dividend yield over 10 years: 2.2%, according to Macrotrends Approximate number of shares after 10 years: 1,150 Approximate ROI with dividend reinvestment at June 11 trading price: $1,265,000 Semiconductor and infrastructure software solutions provider Broadcom also delivered stellar gains, which dividend reinvestment could have multiplied many times over. June 11, 2015 share price: $14.05, per Google Finance June 11, 2025 share price: $255.52, per Google Finance Returns: 1,718.65% 10-year ROI excluding dividends: $181,865 Initial purchase: 711.74 shares Stock splits since 2015: 10:1 in 2024 (7,117.4), per CompaniesMarketCap Approximate average dividend yield over 10 years: 2.23%, per Macrotrends Approximate number of shares after 10 years: 9,280 Approximate ROI with dividend reinvestment at June 11 trading price: $2,366,400 More From GOBankingRates 4 Housing Markets That Have Plummeted in Value Over the Past 5 Years This article originally appeared on If You Invested $10K in These 3 Dividend Stocks 10 Years Ago, You'd Be a Millionaire Sign in to access your portfolio
MTV Lebanon
16-06-2025
- Climate
- MTV Lebanon
16 Jun 2025 17:44 PM Heavy rains in dry season cause havoc in DR Congo's capital
At least 29 people have been killed in flood waters and landslides in the Democratic Republic of Congo's capital, Kinshasa, following unusually heavy rains in the dry season, the interior ministry has said. Homes were swept away, roads were flooded, and widespread power cuts were recorded as a third of the city was affected by the downpour. DR Congo's meteorological agency Mettelsat said that 90mm (3.5in) of rain was recorded on Saturday morning - higher than on any single day during the rainy season that lasts from November to May. Experts say the heavy rains are being fuelled by climate change. The consequences are devastating because of a lack of urban planning and proper drainage. Kinshasa sits on the Congo river, which is one of the longest in the world and stretches across the country. Many residents of the capital live in poorly built homes, or near areas prone to flooding, as its population grows with an influx of people from other parts of the country. Kinshasa's population is estimated to be nearing18 million - an increase of more than 4% from 2024, according to Macrotrends. Interior Minister Shabani Lukoo chaired a crisis meeting to coordinate the government's flood response, the interior ministry said in a statement. The government extended its condolences to bereaved families, and would cover the funeral expenses of the 29 people who died, it added. More than 100 people died in flash floods in eastern DR Congo's South Kivu region in May, and more than 30 in Kinshasa in April.
Yahoo
16-06-2025
- Climate
- Yahoo
Heavy rains in dry season cause havoc in DR Congo's capital
At least 29 people have been killed in flood waters and landslides in the Democratic Republic of Congo's capital, Kinshasa, following unusually heavy rains in the dry season, the interior ministry has said. Homes were swept away, roads were flooded, and widespread power cuts were recorded as a third of the city was affected by the downpour. DR Congo's meteorological agency Mettelsat said that 90mm (3.5in) of rain was recorded on Saturday morning - higher than that of the rainy season that lasts from November through to May. Experts say the heavy rains are being fuelled by climate change. The consequences are devastating because of a lack of urban planning and proper drainage. Kinshasa sits on the Congo river, which is one of the longest in the world and stretches across the country. Many residents of the capital live in poorly built homes, or near areas prone to flooding, as its population grows with an influx of people from other parts of the country. Kinshasa's population is estimated to be nearing18 million - an increase of more than 4% from 2024, according to Macrotrends. Interior Minister Shabani Lukoo chaired a crisis meeting to coordinate the government's flood response, the interior ministry said in a statement. The government extended its condolences to bereaved families, and would cover the funeral expenses of the 29 people who died, it added. More than 100 people died in flash floods in eastern DR Congo's South Kivu region in May, and more than 30 in Kinshasa in April. Rare antelope captured on camera as experts say under 100 exist 'I risked drowning to flee conscription by Congolese rebels' The evidence that shows Rwanda is backing rebels in DR Congo Go to for more news from the African continent. Follow us on Twitter @BBCAfrica, on Facebook at BBC Africa or on Instagram at bbcafrica Focus on Africa This Is Africa
Yahoo
07-06-2025
- Business
- Yahoo
If You Invested Every Social Security Check for 10 Years, How Rich Would You Be?
One common criticism of Social Security is that Americans would be much better off financially if the money they paid into the retirement program through payroll taxes was instead invested into private investment accounts. That same argument can be applied to Social Security checks — seniors would have much more wealth if they invested their checks as soon as they got them. Be Aware: For You: But is this a reasonable request for most people, especially those on a fixed income? To help find the answer here is a closer look at how much you could earn by investing your Social Security checks over a decade. For those seniors who can afford to invest all of their Social Security checks, the potential payoff is considerable. The following table shows how much profit you would have made if you invested every Social Security check over the past 10 years into the S&P 500, from 2015 through the beginning of 2025. The data includes the average Social Security check by year as previously reported by GOBankingRates. It also includes the average annual return of the S&P 500 from 2015 to 2025, as cited by Macrotrends (other sources might reflect different returns). Up Next: A couple things to keep in mind: The figures below are based only on yearly averages, which means they don't include month-to-month fluctuations that happen with the stock market. They also don't include other types of investments — such as crypto or real estate — that would have produced very different returns. Year Avg. monthly SS check Total SS payments for year S&P 500 return Profit/loss for year 2015 $1,341.77 $16,101.24 -0.73% -$117.54 2016 $1,360.13 $16,321.56 +9.54% +1,557.08 2017 $1,404.15 $16,849.80 +19.42% +3,272.23 2018 $1,461.31 $17,535.72 -6.24% -$1,094.23 2019 $1,455.22 $17,462.64 +28.88% +5,043.21 2020 $1,489.30 $17,871.60 +16.26% +2,905.92 2021 $1,517.98 $18,215.76 +26.89% +4,898.22 2022 $1,615.96 $19,391.52 -19.44% -3,769.71 2023 $1,696.35 $20,356.20 +24.23% +4,932.31 2024 $1,909.01 $22,908.12 +23.31% +5,339.88 2025 $1,976 $23,712 +1.96% +$464.76 Total profit/loss +$23,432.33 According to the table above, if you invested all of your monthly Social Security checks in the S&P 500 over the past decade, your nest egg would have grown by over $20,000. That kind of return should bring cheer to financial gurus, like Dave Ramsey, who recommends applying for Social Security retirement benefits as early as possible. For example, you could start collecting benefits at age 62 instead of the full retirement age of 66 or 67 and then immediately invest every monthly payment. There's just one problem with that reasoning. A large percentage of seniors don't have the financial ability to put their Social Security checks into stocks, bonds, mutual funds, exchange-traded funds, real estate, crypto or other investments. They need the money to pay the bills. For about half of U.S. seniors, Social Security provides at least 50% of their overall retirement income, according to research from the Center on Budget and Policy Priorities. For about one in four seniors, Social Security provides at least 90% of income. These folks have a hard enough time making ends meet, let alone tossing their Social Security checks into various investments that might or might not pay off. Nonetheless, for retirees who can afford to invest their benefit checks, there's a pretty good chance those investments will pay off and boost your retirement savings over the long haul. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard 9 Downsizing Tips for the Middle Class To Save on Monthly Expenses 10 Genius Things Warren Buffett Says To Do With Your Money This article originally appeared on If You Invested Every Social Security Check for 10 Years, How Rich Would You Be? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
