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As the global freelance economy continues to expand, financial infrastructure is struggling to keep pace with the evolving needs of independent professionals. Addressing this gap, fintech platform Juuli today announced the launch of its Smart Wallet solution with an integrated prepaid Visa card program specifically designed for freelancers—a move that comes as recent industry data shows increasing challenges with cross-border payments.The Smart Wallet offering addresses a critical pain point for the growing contingent workforce: receiving payments in their preferred currency regardless of the invoice currency. According to Payoneer’s 2023 Global Freelancer Income Report, 58% of freelancers report payment delays as…
Trump spoke in a pre-taped interview with Fox News’ “Sunday Morning Futures”, notable about about his big ugly bill. He’s unsure it’ll pass by his July 4 target date:“I don’t know. I mean, I can’t tell you that” “I’d like to say, yes. But the problem is if we’re two days late or five days late, everybody says, ‘Oh, you had a tremendous failure.’” “It’s very important. If we don’t have it, there’s a 68% tax increase. If we have don’t it, you know, the debt ceiling extension is very important.” As for the USD, he set it on course…
Dear Liz: My mother’s only income was Social Security. Her accountant told her many years prior to her passing that she didn’t need to file a tax return. I was the executor of her trust and told the attorney I hired to help settle the estate that I would file her final tax return. I never did. That was 10 years ago. Now I feel that I should have filed it back then and am wondering if I should do it now or forget about it.Answer: If you still have access to her paperwork, you can review her bank statements…
In today’s world, individuals have countless opportunities to earn money online through various platforms. The internet has opened doors for millions to engage in remote work, freelance opportunities, entrepreneurship, or passive income streams. Let us explore some of the most popular income platforms worldwide and how they facilitate earning money.Freelancing Platforms.One of the most effective methods of making money online is through freelancing. Platforms such as Fiverr, Upwork, Freelancer, and Toptal link skilled professionals with clients from around the world. The services offered include writing, graphic design, programming, online marketing, and administrative tasks. These platforms enable individuals to easily find…
Over the last three months, Strategy CEO Phong Le has gone on an MSTR selling spree over the past three months, according to filings with the United States Securities and Exchange Commission (SEC). The filing shows that Phong Le disposed of 8,400 shares of Class A common stock on June 18. After this transaction, Le Phong still directly owns 16,390 shares of Class A common stock.On top of that, Le Phong owns 6,000 and 4,500 shares of two different series of preferred stock (“Strife” and “Stride”). Over the past month, Strategy has logged $13.6 million worth of insider selling with no buying.Notably, this…
An era is coming to an end at the Tonopah Times-Bonanza as Richard Stephens, who has covered Beatty as a freelancer for more than 30 years, is set to retire. Stephens’ time covering Beatty goes back to the days of the Death Valley Gateway Gazette, where he started working in 1983 as the photo editor. Robert and Lindsey Lowes published the Death Valley Gateway Gazette until 1992 when, Stephens recalls, they “hit the end of the road financially,” moved the paper to Pahrump and sold it to brothel owner Joe Richards, who then had control of its editorial content. It…
US Data Reveal Cracks in the Economy Friday’s US Personal Income and Outlays report supported expectations of a Q3 Fed rate cut. While inflation edged higher, personal income and spending unexpectedly fell in May, suggesting a weaker consumption outlook. Given private consumption contributes over 60% to the US economy, a pullback in disposable income and consumer spending could raise recession risks. Weaker spending may also dampen demand-driven inflationary pressures. Friday’s data followed a sharper-than-expected economic contraction in Q1 (-0.5% QoQ vs prelim. -0.2%). According to the CME FedWatch Tool, this week’s data and Fed comments pushed the odds of a…
Oman’s freelance digital work sector is expanding significantly with the changes in the global labour market as well as developments in the digital economy, Oman’s initiatives to empower youth and offer steady incomes through a variety of online channels is supporting the rise. Azza bint Ibrahim Al-Kindi, Director of Commercial Affairs and E-Commerce at the Ministry of Commerce, Industry, and Investment Promotion, maintained that e-commerce has emerged as a leading freelance sector. A notable effort is the “Freelance License Record,” enabling Omanis to conduct online business legally with low costs and well-defined regulations. She emphasized the lower startup cost in…
