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“Investors are cautiously optimistic, but the structural risks to global supply chains remain,” said a commodity strategist at Saxo Bank. “This supports interest in metals like gold and silver that traditionally hedge uncertainty.” Rising Tensions in Ukraine Add Tailwinds to Gold Heightened geopolitical risk is also lending support. Reports of approximately 500 drone and missile strikes by Russia in Ukraine over the past 72 hours have kept market sentiment defensive, with traders reluctant to exit safe-haven positions despite broader equity strength. At the same time, the U.S. Dollar Index (DXY) trades near 99.00, pressured by a combination of concerns about…
KARACHI: Pakistan’s freelance community has voiced strong opposition to proposed taxation measures in the upcoming federal budget targeting freelancers and content creatorsincluding YouTubers, vloggers, and TikTokersurging the government to prioritise foreign exchange inflows and economic inclusion instead. Pakistan Freelancers Association (PAFLA) Chairman Ibrahim Amin said the government must avoid creating an impression that a large number of content creators will be brought under the tax net, as this could discourage struggling freelancers and budding digital creators. However, he suggested that the Federal Board of Revenue (FBR) could consider taxing a select group of high-earning entertainment content creators with substantial followings…
Traders work at the New York Stock Exchange on June 4, 2025. NYSEStock futures rose on Monday night as investors waited for more insight on trade discussions between the U.S. and China.Dow Jones Industrial Average futures surged 132 points, or 0.32%. S&P 500 futures increased by 0.45% while Nasdaq 100 futures advanced 0.6%.Those moves follow a muted day on Wall Street as investors kept an eye on a day of trade talks between officials from the two countries. The discussion is slated to resume on Tuesday morning, a source familiar with the situation told CNBC.The S&P 500 added nearly 0.1%…
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TALLAHASSEE — Gov. Ron DeSantis held a two-day golf tournament at a high-end resort in Panama City Beach last year to raise cash for the Hope Florida Foundation, the nonprofit associated with the First Lady that is under investigation. The May 2024 event at a resort that bills itself as the “true gem” of Florida’s Gulf Coast lost more than $17,000, according to the foundation’s delinquent federal tax return filed in April — six months past its due date. But now the foundation said it will amend its tax return by attributing more donations to the golf fundraiser, ones it previously…
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The Baleares sees record number of self-employed workers. Photo Credit: StockSnap via Pixabay The Balearic region is seeing record numbers of people registering as self-employed, or freelancers. According to the National Federation of Freelancers (or ATA, as it is known in Spain), since the first trimester of 2021, there have been over 120,000 new associates affiliated with the Special Regimen of Self-Employed Workers (RETA). Moreover, over a third of them are classified as societario – referring to a self-employed person who has created a company or an otherwise different type of legal business structure. This places the Baleares region as…
Lauren Miller Rogen was 22 years old, celebrating her graduation from college the first time she noticed something was happening to her mother, Adele. It was relatively minor: “She repeated herself — she told a story a few times about a friend of hers,” Rogen says. But for Lauren, who had watched Adele care for her own parents as they slowly succumbed to Alzheimer’s disease, it was the potential future that unnerved her. Within two years, Adele, a first-grade teacher, would be diagnosed with early-onset Alzheimer’s at age 55. By that time, Lauren was living in Los Angeles, and dating…
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Gold prices opened lower on June 9 amid global uncertainties. Gold’s August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 96,860 per 10 gram today.Let’s check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on June 9:CityPrice of 24k gold Price of 22k goldDelhiRs 97,840/10gRs 89,700/10gMumbaiRs 97,690/10gRs 89,550/10gChennaiRs 97,690/10gRs 89,550/10gKolkataRs 97,690/10gRs 89,550/10gBengaluruRs 97,690/10gRs 89,550/10gJaipurRs 97,840/10gRs 89,700/10gLucknowRs 97,840/10gRs 89,700/10gHyderabadRs 97,690/10gRs 89,550/10gAhmedabadRs 97,740/10gRs 89,600/10g(According to data on Good Returns) “Last week, the yellow metal fell by more than 2 percent on growing optimisim in the markets after US…
