Author: admin

AI is both a boon and a bane. When one AI application completes a task quickly, it simultaneously displaces a real human who was paid to do that job. There has been considerable debate about the impact of AI on freelancing, with several entry-level jobs and projects already being taken over by AI.  However, research from the Wharton School of the University of Pennsylvania in the US has highlighted how the introduction of ChatGPT to the online labour market isn’t all bad news.  The study analysed millions of records from a leading global freelancing platform, both before and after ChatGPT’s…

Tech stock soars 30% in breakout rally thanks to this ‘genius’ move originally appeared on TheStreet. The stock of Circle Internet Group (NYSE: CRCL), the company behind the USDC stablecoin, surged 30% to reach as high as $199.60 on June 18. This comes a day after the Senate passed the GENIUS Act, that deals with stablecoin legislation, with a 68-30 vote. A stablecoin is a type of cryptocurrency that aims to maintain a stable value, unlike traditionally volatile cryptocurrencies such as Bitcoin. Circle’s USDC does so as it is pegged pegged 1:1 to the U.S. dollar. As per DeFiLlama, the total stablecoin…

As the freelance economy evolves and artificial intelligence (AI) gains traction, Upwork Inc. UPWK has been accelerating efforts to make its platform AI-native. At the center of this effort is Uma, Upwork’s in-house “Mindful AI” that’s transforming how users navigate the site. From writing proposals to evaluating candidates, Uma is already taking care of routine tasks and making the user experience more seamless. And this effort of integrating AI onto its own platform has started paying off. In Q1, engagement with Uma jumped 52% over the previous quarter, with proposal writing features alone seeing a 58% lift. That’s not just…

Via Metal MinerThe Aluminum Monthly Metals Index (MMI) moved sideways as the global price of aluminum ticked modestly higher. Overall, the index rose 0.73% from May to June. Track other MetalMiner monthly indexes here, and compare how the overall industrial metal market is performing.Aluminum Midwest Premium Finds A PeakThe Midwest Premium found a peak in mid-June. Following successive tariff-induced spikes throughout the year’s first half, the premium hit a new all-time high at $0.615/lb on June 9. This marked a staggering 161% rise since the start of 2025. However, in a relief to markets, the premium has since started to…

Check on Youtube

As the freelance economy evolves and artificial intelligence (AI) gains traction, Upwork Inc. UPWK has been accelerating efforts to make its platform AI-native. At the center of this effort is Uma, Upwork’s in-house “Mindful AI” that’s transforming how users navigate the site. From writing proposals to evaluating candidates, Uma is already taking care of routine tasks and making the user experience more seamless.And this effort of integrating AI onto its own platform has started paying off. In Q1, engagement with Uma jumped 52% over the previous quarter, with proposal writing features alone seeing a 58% lift. That’s not just product…

Chase has introduced substantial changes to its Chase Sapphire Reserve card, its premium travel card. Due to go into effect June 23, the updated card offers users $2,700 in yearly benefits, including all existing perks plus new ones related to how customers collect and spend travel and dining points, the company said Tuesday (June 17). In addition, Chase has rolled out the Sapphire Reserve for Business card, which offers a new level of perks for cardholders who spend at least $120,000 annually. “The new Sapphire Reserve cards are the culmination of years of focus on the things most important…

Check on Youtube

India’s freelancing economy is booming. From content creators and designers to software developers and consultants, thousands of individuals are now self-employed and working with clients across India and abroad. But with this independence comes responsibility, particularly in terms of tax compliance. One question that often puzzles freelancers is: Do I need to register for GST? This article breaks it all down and explains how freelancers in India can register for GST. Who is a Freelancer According to Indian Tax Laws? A freelancer is someone who offers professional services independently, without being formally employed by a company. Under Indian tax laws,…

Silver (XAG/USD), meanwhile, held firmer, trading at $37.24 after touching an intraday high of $37.26. The white metal continues to benefit from robust industrial demand and remains supported by persistent safe-haven flows, particularly as rate expectations soften. Fed Policy Outlook Takes Center Stage Amid Weak Data Traders are focused on the Fed’s policy announcement later today, especially after a string of disappointing economic releases. U.S. retail sales dropped 0.9% month-over-month in May, while industrial production contracted 0.2%, marking its second decline in three months. Year-over-year retail sales slowed to 3.3%, down from April’s 5.0%. According to the CME FedWatch Tool,…