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New American Fortune 500
Today, New American Economy (NAE) released our annual New American Fortune 500, showing that immigrants and their children are behind some of America’s biggest companies. Since 2010, NAE has quantified what percentage of Fortune 500 companies were founded by immigrants or the children of immigrants. Over that time, the share has gone from 40 percent, […]
Read MoreU.S. Supreme Court on DACA: Blocks Trump’s Cruel Attempt to Upend the Lives of 650,000 Community Members Across America
The U.S. Supreme Court today blocked the Trump administration’s efforts to end Deferred Action for Childhood Arrivals, a critical initiative that has offered deportation protection and work authorization to hundreds of thousands of young people who arrived in the United States as children.
Read MoreAhead of SCOTUS Arguments More Than 50 Chambers of Commerce Call on Congress to Protect DREAMers
Dear Speaker Pelosi, Leader McConnell, Leader McCarthy, and Leader Schumer: As business leaders representing the most important industries in our nation, we are committed to promoting economic growth and job creation for all Americans. From manufacturing to agriculture, and from Main Street to Fortune 500 companies, the United States economy relies on our diverse, talented […]
Read MoreImmigrants and Their Children Founded Almost Half of All US Fortune 500 Companies
From the highest levels of corporate America to virtually every level of the labor force, immigration creates new jobs in the U.S. economy. The businesses founded by immigrant entrepreneurs directly employ all types of workers. Immigrant workers also support the jobs of other workers through the wages they spend and the work they perform. This […]
Read MoreCensus Bureau Asked 250,000 Households About Their Citizenship Status, Despite Court Ruling
Despite losing at the Supreme Court, the Trump administration still managed to ask nearly a quarter of a million U.S. households about the citizenship status of their household members. That’s because the administration had already started mailing out its 2019 Census Test—a nationwide test used to inform the upcoming 2020 Census—two weeks before the Supreme […]
Read MoreNew data shows Cincinnati’s immigrant household income increased by nearly $350 million in just one year
New York – Today New American Economy (NAE), a bipartisan research and advocacy organization focused on immigration, released new data highlighting the significant contributions immigrants make to Cincinnati’s community and economy. The data shows that immigrants are major consumers who help power Cincinnati’s businesses — the area’s immigrants held nearly $2.6 billion in spending power […]
Read MoreThe Transcontinental Railroad at 150: The Contributions of Chinese Immigrants and Chinese Americans
This week marks the 150th anniversary of the opening of the Transcontinental Railroad, the first continuous railroad line from California to the East Coast. The completion of the Railroad was transformative, shortening travel time between New York and San Francisco from up to six months to less than a week. It opened up the West […]
Read MoreAlmost 44 Percent of All U.S. Fortune 500 Companies in 2018 Were Founded by Immigrants or Their Children, New Research Shows
NEW YORK, NY—Today, New American Economy (NAE) released new data showing that almost 44 percent of 2018’s Fortune 500 companies were founded by immigrants or their children. Among these are some of the largest and most successful companies in the world, including Apple, Amazon, Costco, and Bank of America. Together, these companies employ 13 million […]
Read MoreNew American Fortune 500: The Legacy of Immigrants and Their Children
Immigrant entrepreneurs have long been an important part of America’s economic success story. Some of the largest and most recognizable American companies were founded by immigrants or the children of immigrants, from Apple, to AT&T, to Costco. Even Bank of America was founded by Italian immigrant Amadeo Giannini, who wanted to build a bank that […]
Read MoreFederal Court Blocks Trump’s Efforts to Terminate Temporary Protected Status for 250,000 Recipients
Just weeks ahead of thousands of Temporary Protected Status (TPS) holders beginning to lose their immigration status, a federal court in California blocked the Trump administration’s decision to terminate the TPS designations for El Salvador, Haiti, Nicaragua, and Sudan. At least for now, this unexpected lifeline will temporarily protect hundreds of thousands of TPS holders […]
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