Skimm'd while making smart tax moves

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Skimm'd while making smart tax moves

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Quote of the Day

"May you always be satisfied" – Lin-Manuel Miranda, who posted the trailer for "Hamilton." We know what we'll be doing on July 3.

Immigration Crackdown

The Story

President Trump is hitting pause on work visas.

Tell me.

Back in April, Trump signed an executive order imposing a 60-day ban on immigration. The restrictions prevented 170,000 green card holders from coming to the US. Now, the president signed a proclamation extending and expanding the restrictions. It bars foreign workers with temporary work visas from entering the US through the end of the year. The goal is to put Americans first in line for hundreds of thousands of jobs as the economy recovers from COVID-19.

Who does this affect?

About 525,000 people who were supposed to enter the US between now and December 31. That number includes the green card holders we mentioned. The order applies to seasonal workers in fields like construction and hospitality as well as some researchers and scholars. It also affects highly-skilled workers in industries like tech and executives who work for large corporations. But there are some exceptions.

Go on.

Agricultural workers who help keep grocery store shelves stocked won't be affected. Neither will health care workers involved in treating coronavirus patients. Those currently in the US under work visas shouldn't be affected either. And some people could still travel to the US if they work in areas of "national interest" like defense, law enforcement, diplomacy, and national security. The order is set to take effect tomorrow.

What are people saying?

Supporters say it puts American workers first, instead of companies taking advantage of cheaper labor from abroad. And that it comes as unemployment rates hit their highest levels in decades. Critics say this misunderstands how immigrants can boost the economy. And tech companies are pushing the admin to reconsider.


In 2016, illegal immigration was the cornerstone of Trump's presidential campaign. Since then, however, his admin has also moved to restrict legal forms of immigration it argues are hurting American workers. This latest update is part of that long list of changes, and comes as the president gears up for what may be a tough re-election fight.

And Also...This

Who people are rallying behind...

Bubba Wallace. The FBI and Justice Department are now investigating the discovery of a noose in the NASCAR driver's garage stall. Wallace is NASCAR's only Black full-time driver. On Sunday, a member of his race team found the noose at the Talladega Superspeedway in Alabama and notified NASCAR – which opened its own investigation. It's unclear if there were any security cameras, but officials said the area was restricted to essential personnel. NASCAR's president said it was a "terrible, terrible act" and vowed to ban those responsible "for life."

  • #IStandWithBubba: The message was stenciled on the grass near the track for yesterday's race in a show of support for Wallace. And fellow drivers and crew members escorted him, pushing his car to the front of the line.

What will look different this year…

Hajj. Yesterday, Saudi Arabia said the annual pilgrimage for Muslims will only be available to a "very limited" number of people because of the pandemic. Hajj, which starts this year at the end of next month, involves five days of worship and rituals at the Grand Mosque in Mecca, Islam's holiest site. It is one of the largest gatherings in the world, traditionally attracting around 2 million people. But this year, officials said the pilgrimage will be restricted to people who live in the kingdom, because of COVID-19 concerns. Saudi Arabia has one of the highest rates of known infections in the Middle East, with more than 161,000 confirmed cases and over 1,300 deaths.

What's saying 'update available'…

Apple. Yesterday, it kicked off its first virtual Worldwide Developers Conference. The company announced it's moving away from using Intel chips and introduced new features for its products like AirPods that easily switch between devices. Not having incoming calls take over your iPhone screen. And, bless its heart, the company's still trying to sell you on Maps.

What's got more beneath the surface…


2020 Tuesdays

Voting Time

New York and Kentucky: it's all you. We already have our presumed presidential nominees: President Trump and former VP Joe Biden. But there's more on the ballot than that: like choosing delegates. They could rep former presidential candidates' interests at your party's convention (which could then influence the party's platform). Plus, there's picking primary candidates for congressional races in November. And state races. Click here to see what's on your ballot.


Summer is here. Check out our fave picks for the season...

1. A new razor. This one from Billie comes in four summery colors. But without a pink tax markup, so it's only $9. Oh, and they have other clean beauty products too, all for under $15. Shave the day.*

2. 50 years of Songs of the Summer. We "Gotta Feeling" that this playlist will be your "Party Rock Anthem" this year. It's literally getting "Hot in Herre."

3. Pretzel shortbread cookies. Chocolate ganache + turbinado sugar + dough that smells like fresh pretzels = oops we ate all the cookies from the cookie jar.

PS: Sign up to get more ideas for ways to spend your summer in your inbox every Monday. Like recipe ideas, movies and book recs, and more. Get in on it.


For when you always remember to drink plenty of water...

Future you says 'thanks.' Same goes for retirement. If you open and fund a Fidelity IRA† before July 15, you could get potential tax advantages. Psst...July 15th is the new deadline for the 2019 tax year. Don't wait.*

For when you have a complicated relationship with strapless bras…

We've got a solve. This female-founded company's version doesn't have wires, so they're actually comfy. Plus, they actually stay up (yes, really). Psst...Skimmr's get 15% off your first order. Here you go.*

For when a long WFH day calls for winding down on the porch…

Bring a booze-free treat. This company makes craft cocktails, minus the alcohol. And with no added sugar. Like their blood orange and green mandarin Italian spritz. Brb, need that immediately. PS: Skimm'rs get a special offer. Salud.*

For when you're a regular at Zoom baby showers...

Time to up your gift game. This subscription company makes kits of toys, activities and books that are backed by science. And designed to match a baby or toddler's developmental stage. Cue happy parents. Take a look.*

† Investing involves risk including risk of loss.

Fidelity does not provide legal or tax advice. The information herein is general in nature and should not be considered legal or tax advice. Consult an attorney or tax professional regarding your specific situation.

Fidelity Brokerage Services, Member NYSE, SIPC. 933652.1.0

*PS: This is a sponsored post.


In times like these, community matters more than ever. Let us know how you (or someone you know) is making an impact by helping others.

Get your chef's hat on...Querida Q (CA). She's part of Learn From A Chef, which offers interactive cooking classes online taught by Michelin-starred chefs. All public class proceeds go to chefs impacted by the coronavirus pandemic. Learn more here.

Your move...Debbie Eastburn (NY). She's the president and CEO of Chess in the Schools, offering free chess lessons and daily tournaments to thousands of NYC kids. More info here.

(Some) Birthdays...Sarah Shapiro (FL), Gabrielle Hauray (MA), Janece Maze (AL), Amy Bess (KY), Sonia Dovedy (MA), Julia Sipos (NY), Emily Gaylord (MD), Rob Steinmetz (PA), Andrea Bourque (RI), Annamarie Frost (VA), Allie Holland (TN), Gaby Berkman (MA), Alyssa Tyson (MA), Lacey Yalon (CA), Teresa Caldwell (IL)

*Paging all members of theSkimm. Reach out here for a chance to be featured.