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It was a national opportunity to show how New Jersey is taking its regulatory efforts way too far to reduce independent contractor work in the Garden State. And Fight for Freelancers’ co-founder and New Jersey resident Kim Kavin took full advantage of it. The Senate Committee on Health, Education, Labor, and Pensions (HELP) held a hearing in Washington, D.C. on Thursday focused on a package of bills intended to help independent contractors with everything from simplifying classification policy to benefits and retirement plans access. Committee chairs Senator Bill Cassidy, R-Louisiana, and Ranking Member Bernie Sanders, I-Vermont, hosted the session to…
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on Friday, June 4, 2021.Eva Marie Uzcategui | Bloomberg | Getty ImagesBlock shares jumped more than 10% in extended trading on Friday, as the fintech company gets set to join the S&P 500, replacing Hess.It’s the second change to the benchmark this week, after S&P Global announced on Monday that ad-tech firm The Trade Desk would be added to the S&P 500. Trade Desk is taking the place of software maker Ansys, which was acquired by Synopsys in…
Markets remain in melt-up mode as shorts run for cover. U.S. equities opened higher once again on Friday morning after the S & P 500 and Nasdaq 100 both notched another closing all-time high on Thursday. That is the S & P 500’s ninth record close of the year. I believe the S & P 500 will continue to move higher this summer, but I want to use options on SPDR S & P 500 ETF Trust (SPY) to define risk in the event the underinvested and shorts take a break from chasing stocks higher. Another catalyst that has been…
Elevate Your Investing Strategy:The latest announcement is out from Freelancer ( (AU:FLN) ). Freelancer Limited has launched a sponsored Level 1 American Depositary Receipt (ADR) program with Deutsche Bank, trading under the ticker symbol FRLCY on the U.S. over-the-counter market. This initiative allows U.S. investors to invest in Freelancer Limited more easily by trading in U.S. dollars, enhancing the company’s global accessibility and supporting its mission to empower entrepreneurs and businesses worldwide. The ADR program is expected to simplify cross-border investment and align with Freelancer’s commitment to transparency and investor engagement. More about Freelancer Freelancer Limited is the world’s largest…
US President Donald Trump arrives to speak on his policy to end tax on tips in Las Vegas, Nevada, on January 25, 2025. Mandel Ngan | Afp | Getty ImagesPresident Donald Trump’s “big beautiful bill” includes a section called “no tax on tips” — an idea that both Republicans and Democrats floated during the 2024 campaign.Now that the provision has been enacted, questions remain about how the tax break works and who qualifies.Despite its name, “no tax on tips” doesn’t eliminate tax on tips, which are still subject to payroll and state taxes. Instead, it’s a deduction worth up to $25,000.…
Asia markets close off Friday mixedAsia markets ended the trading day mixed.South Korea’s Kospi lost 0.13% to end the trading day at 3,188.07 and the small-cap Kosdaq added 0.29% to 820.67.Australia’s S&P/ASX 200 jumped 1.37% to close at 8,757.2, a record high.Japan’s benchmark Nikkei 225 slipped 0.21% to 39,819.11 while the Topix lost 0.19% to 2,834.48.Mainland China’s CSI 300 ended the day 0.6% higher at 4,058.55.— Lee Ying ShanBitcoin prices climb back to above $120,000Bitcoin prices rose over 1% to $120,692.67 on Thursday after the U.S. House of Representatives passed a bill to create a regulatory framework for stablecoins, which are cryptocurrencies pegged to…
Freelancer Limited (OTCQX:FRLCY) has launched a sponsored Level 1 American Depositary Receipt (ADR) program with Deutsche Bank Trust Company Americas. The ADRs will trade on the U.S. OTC market, with each ADR representing 100 ordinary shares of Freelancer Limited.As the world’s largest freelancing and crowdsourcing marketplace, Freelancer connects over 80 million registered users across more than 25 million projects. The company also owns Escrow.com, which has processed over US$8 billion in transactions, and Loadshift, Australia’s largest heavy haulage freight marketplace.The ADR program aims to simplify U.S. investment in Freelancer by enabling trading…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 posted a record close Thursday, and what’s on the radar for the next session. Netflix Lights, camera… CNBC’s coverage of Netflix continues Friday morning. The stock wasn’t moving much in the after hours. The company reported an earnings beat after the bell and hiked full-year revenue guidance. Shares are up about 97% in the…
If you deliver for DoorDash or run your own freelance business, your taxes may look different under the massive new tax law that President Donald Trump signed into law on July 4. Freelance, self-employed and gig workers already juggle multiple clients and unpredictable income streams, which can add an extra layer of stress during tax season compared to a traditional W-2 job. But this time, the changes could work in your favor — as long as you know what to look for. “There’s something in here for everybody, regardless of your income class. But it’s important to understand how these…
