depress

Tech leaders including Elon Musk have characterized it as a critical tool for securing in-demand high-skilled workers, while skeptics believe that many visa recipients displace American workers and depress their wages.

Increases in the value of private companies also boosted returns this year, a change after several years where depressed valuations in private equity and venture capital were a drag.

But those companies either pay small dividends or none at all, depressing the index’s yield.

Sales in China tumbled 27% as consumers stayed away from bars, hitting the on-trade business, with cognac sales notably depressed, the company said.

South, where a glut of pine trees has depressed log prices but made the region the most profitable place in North America to make lumber.