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Gold price regains positive traction on Monday as geopolitical risks revive safe-haven demand.The USD remains depressed below a multi-week high and further benefits the precious metal.The market focus now shifts to the crucial two-day FOMC policy meeting starting on Tuesday.Gold price (XAU/USD) stands firm near the daily high through the first half of the European session and looks to build on its bounce from the $3,200 neighborhood, or over a two-week low touched last Thursday. Against the backdrop of the protracted Russia-Ukraine war, an escalation of the Middle East conflict keeps the geopolitical risk in play. Furthermore, the uncertainty over…
It is disheartening that at a time when Bangladesh is in dire need of US dollars, many of the country’s freelancers opt for keeping a significant portion of their income in foreign banks instead of remitting the money back home. High-earning freelancers, particularly those making over $800 a month, reportedly keep 50 per cent to 70 per cent of their earnings in foreign accounts, potentially depriving the nation billions of dollars in annual revenue. In 2023, freelancers collectively earned approximately $1.0 billion; however, estimates suggest that if all earnings were repatriated, the total earning from this sector could reach as…
May 4 (UPI) — Nearly a million people in 17 states face losing healthcare coverage after Aetna’s parent company announced it would leave the federal insurance marketplace, created under the Affordable Care Act during the Obama administration. Aetna, along with various other healthcare and insurance companies, is owned and operated by the pharmacy giant CVS, which announced Aetna’s withdrawal from the ACA, despite surpassing financial expectations. ACA tax credits and other financial incentives, implemented by the Biden administration in 2021, are scheduled to expire next year leading to higher premium costs for people who enroll through the federal healthcare marketplace.…
Undated photo of former freelancer Michael ‘Macky’ McLean. ST ELIZABETH, Jamaica — South-central Jamaica freelancer Michael ‘Macky’ McLean has died. McLean, 64, who had freelanced with at least six media entities, died at his home in Lacovia, St Elizabeth on Saturday after a prolonged illness. Veteran and senior journalists have described McLean as an energetic newsman who also had a sharp eye for photographs. A freelancer since the 1990s, he covered several newsbeats, including politics and sports and also worked with the St Elizabeth Parish Council now Municipal Corporation as a public relations officer. Garfield Myers, senior journalist and former…
OMAHA, Neb. (AP) — Billionaire investor Warren Buffett said Saturday that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise because the 94-year-old had previously said he did not plan to retire. READ MORE: Warren Buffett makes surprise announcement that he plans to retire at the end of the year Buffett, one of the world’s richest people and most accomplished investors, took control of Berkshire Hathaway in 1965 when it was a textiles manufacturer. He turned the company into a conglomerate by finding other businesses and stocks to buy that were selling for less…
There’s an unspoken rule in the creative industry: follow up, but don’t expect a reply. What used to be a rare frustration has now become the norm—emails left unanswered, proposals ignored, relationships that once felt solid suddenly vanishing into the ether. The rise of ghosting, a term originally coined for dating culture, has now taken hold in the business world, and creatives are feeling the brunt of it.<–break-> Introduction As a photographer and filmmaker, I regularly reach out to brands I’ve worked with before, as well as potential new clients. These aren’t cold emails; they’re conversations that have history. Yet,…
Something unusual is happening in a market long dominated by index funds. Active management is staging a comeback.Take the action in equity exchange-traded funds two weeks ago. Amid more whipsaw action in stocks that has typified 2025 trading, there was a net outflow from equity ETFs. But in a surprise, the selling was mostly on the index fund side. There were net outflows of $1 billion from equity ETFs in all, but $3 billion in inflows to active equity ETFs to offset the $4 billion of index fund withdrawals, according to ETF Action data. Investing experts say actively managed ETFs time…
Jump has raised 11 million euros (about $12.2 million) to grow its platform that provides French freelancers with some of the benefits associated with traditional jobs. These benefits include French CDI employment contracts, social protection, company health insurance and savings plans, Breega, which led the funding round for the French startup, said in a Monday (Sept. 23) post on LinkedIn translated from the French by that platform. Jump also provides freelancers with payment processing, virtual cards and online activity tracking, according to the post. The company also recently added a free solution for freelancers who are just starting out: Jump…
