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There is no doubt that the way freelancers get paid across borders is changing, and the integration of cryptocurrencies and artificial intelligence (AI) is at the forefront of this transformation. This new approach promises to lower transaction costs while increasing security and accessibility for freelancers all over the globe. In this post, we’ll dig into the main benefits of using crypto payments and take a look at the challenges that come along with it. The Upsides of Crypto Payments for Freelancers How Crypto Delivers Speed and Efficiency If you’ve ever had to wait around for a payment to clear, you’ll…

(Bloomberg) — On Wall Street, everyone’s a friendly rival until the losses start. A pair of blowups in the credit market have sparked a war of words over whether banks or private credit firms are better positioned to weather a broader downturn. Most Read from Bloomberg JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon used his bank’s losses from auto lender Tricolor Holdings to say there’s never just one cockroach — a quip some of his nonbank rivals have taken as a shot at them. Blue Owl Capital Inc. boss Marc Lipschultz fired back, saying the issue was in…

Male freelancer works on laptop and considers his work.gettyFreelancing is growing in popularity. Research from Upwork found that 28% of skilled knowledge workers currently operate as freelancers, and that 36% of knowledge workers who have full-time jobs are considering freelancing.It’s clear why people are drawn to freelancing. You can choose who you work with, when you work, and you can enjoy the flexibility that comes with working from home. You become a small business owner, and that type of independence is desirable for many people. However, there are a few things to consider before you make the leap into the…

Traders work on the floor of the New York Stock Exchange. NYSEThe S&P 500 broke back into the green Wednesday, buoyed by Bank of America and Morgan Stanley’s blockbuster earnings reports. Ongoing concerns about U.S.-China trade negotiations and a government shutdown weighed on investor sentiment but took a backseat to enthusiasm over a better-than-expected start to earnings season.The Dow Jones Industrial Average ended the day little changed, down just 17.15 points, or 0.04% at 46,253.31. At one point in the day, the 30-stock index rose as much as 422.88 points. The S&P 500 finished 0.4% higher at 6,671.06, after gaining…

A new national study places Maryland among the worst states for freelancers to live and work. The analysis by Romano Law PLLC evaluated all 50 states on key economic factors. Maryland landed in the bottom 20, ranking as the 18th most challenging state for self-employed individuals.The state’s high cost of living was identified as the primary obstacle for independent workers. This creates a difficult financial environment for those without a steady, predictable income.High Costs and Scarce Opportunities Define the ChallengeThe study’s data reveals a stark picture for Maryland’s freelancers. The average monthly rent in the state is $1,909. This is…

A recent report has revealed the most in-demand freelance professions in New Zealand and globally, with graphic designers topping the list nationally despite the significant rise in AI-generated content. Tide, a business management platform, has published its Global Freelancer Report after analysing more than six million worldwide Google searches for freelance professions ranging from accounting to ghostwriting. Demand surge The report identifies that searches for ‘freelancing tips’ in New Zealand surged by 2,000% over the past three months, indicating strong interest in freelance careers. Globally, freelance filmmakers are the most searched for, with over 280,000 searches annually, closely followed by…

EUR/USD remains fairly bid on Wednesday, with price action moving right below the 1.1650 area at the time of writing, from two-month lows at 1.1542 earlier in the week. The Euro has shrugged off the decline in the Eurozone’s Industrial Production and keeps drawing support from a weaker USD on the back of Dovish comments by Federal Reserve (Fed) Chairman Jerome Powell.Data released by Eurostat revealed that the Eurozone Industrial Production declined 1.2% in August, driven by sharp declines in capital goods and durable consumer goods output. These figures reverse an upwardly revised 0.5% growth in July but improve market…

OverviewLike it or not, AI is transforming how companies hire and how freelancers work. In this episode of Today in Tech, host Keith Shaw speaks with Dave Bottoms, Senior Vice President and General Manager of Marketplace at Upwork, about the growing role of AI in the hiring process, and the evolving freelance landscape.Dave explains how AI-powered tools are speeding up recruitment, changing job requirements, and creating new opportunities for freelancers who master AI skills. The conversation explores the balance between automation and creativity, the rise of AI-driven interviews, and how transparency and trust will shape the future of work.Watch the…

The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday, recovering its recent losses registered in the previous session. The AUD/USD pair appreciates as the AUD receives support from the cautious remarks from the Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter, who said that recent data has been a little stronger than expected, adding that inflation is likely to be stronger than forecast in the third quarter (Q3).RBA Assistant Governor Sarah Hunter also said that labor market and economic conditions might be tighter than assumed. Hunter highlighted that uncertainty about the global outlook remains elevated and…

WHETHER you are a boss or a gig worker, here’s everything you need to know about the Gig Worker’s Bill — which will soon become an Act of Parliament.Difference between staff and gig workersIf you work under a contract of service, you are an employee, whether part-time or full-time, permanently or for a fixed time.Think: becoming a member of the organisation. The employer controls the work hours, duties, place of work, tools and so on. You are protected by the Employment Act or Labour Ordinance.If you work under a contract for services, you are possibly a gig worker.Think: completing a…