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The US Producer Price Index is set to rise 3.3% YoY in August, at the same pace as in July. The Fed is widely expected to cut the policy rate in September, with increased odds for a 50 bps trim. The August PPI could have a limited impact on the US Dollar ahead of the CPI release on Thursday. The United States (US) will publish the August Producer Price Index (PPI) on Wednesday. The report, produced by the Bureau of Labor Statistics (BLS), will be published one day ahead of the Consumer Price Index (CPI) data for the same month,…

Key Takeaways Retirees can turn their hobbies into money-making ventures.Starting a blog about your hobby and selling items you no longer use are two ways to make cash.Don’t be shy about promoting and selling your artwork if you’re an artist.Rent out what you no longer use such as a recreational vehicle, swimming pool, or yard.Sell your photography or the produce from your garden. Retirees are finding savvy ways to make money from the hobbies they love. “Turning that hobby or creative venture into something exciting and meaningful financially has so many benefits, from shoring up retirement savings to increasing quality…

In March 2025, the CMA found that some of the largest sports broadcast and production companies in the UK shared sensitive information about fees for freelance workers such as camera operators, sound technicians and producers. This related to day rates or special rates during holiday periods.    The 5 companies investigated by the CMA often hired freelancers to assist with the production and broadcasting of sports content such as major football games and rugby tournaments. With a high number of freelancers in the arts and creative industries, it’s important that competition for their labour is working well, so workers are paid…

By Scott Murdoch SYDNEY (Reuters) -National Australia Bank is cutting 410 jobs in its technology and enterprise operations in Australia and creating 127 roles in India and Vietnam, a spokesperson said, confirming cuts first revealed by the country’s financial services union. The NAB changes come one day after rival ANZ Group said it would cut 3,500 jobs over the next year as new chief executive Nuno Matos aims to cut duplication and simplify the bank’s structure. NAB shares were trading 1.2% higher on Wednesday at A$43.29, while the broader S&P/ASX200 index was flat. “The environment we operate in is constantly…

The U.K. Competition and Markets Authority has published new guidance highlighting lessons from its landmark investigation into British sports broadcasters, using the £4.2 million ($5.7 million) penalty case as a tool for employers navigating competition law in labor markets. The CMA’s case study, released on Tuesday, examines how BBC, ITV, BT and IMG were fined earlier this year for illegally coordinating freelancer pay rates, while Sky avoided penalties by cooperating with investigators. The authority is using the concluded investigation to illustrate how businesses can avoid similar violations. The original March investigation revealed that the five companies shared competitively sensitive information…

It was a healthy week for U.S. equity ETFs in general, with the asset class pulling in $7.3 billion in net inflows, as reported by FactSet, cited by Etf.com. However, SPDR S&P 500 ETF Trust SPY, the largest and most liquid S&P 500 benchmark, was the outlier for the wrong reason, with $2.1 billion in net outflows for the week ended Sept. 5.SPY stock is challenging resistance. See what is driving the movement here.At the same time, lower-cost competitors jumped. Vanguard S&P 500 ETF VOO collected $5 billion, and iShares Core S&P 500 ETF IVV collected almost $800 million. Together,…

When investing becomes a roller coaster ride — as it has this year, with steep market reactions to tariffs and recession fears — it’s more important than ever to focus on proven, diversified investments that will help you ride the highs and lows. But what’s the best way to invest, especially during periods of volatility like right now? That answer is unsatisfying: It depends. There is one piece of advice that remains steady even when the market isn’t, and that’s to avoid timing the market or trying to buy the best investment at the right time. It often backfires. Instead, focus on…

Fiverr’s latest campaign dives headfirst into the possibilities of AI filmmaking, but its message is clear: without human creativity, AI is just another tool. Conceived and scripted entirely in-house, the project was then brought to life by Fiverr freelancers such as directing collective, Too Short for Modeling, who handled everything from prompting and editing to digital set design and layering. The result is a playful yet technically ambitious film that demonstrates the unique level of control skilled AI artists can achieve, making characters experience and do almost anything they can imagine.For Fiverr, though, the project goes beyond showcasing AI’s capabilities.…

Thursday’s inflation print is a crucial event for the market this week. Investors are getting ready for the August consumer price index, which will release on Thursday at 8:30 a.m. ET. The report is expected to inform the Federal Reserve policymakers’ decision at their September meeting. Many investors are hoping the central bank will announce its first rate cut since last December — even though the inflation level remains above the Fed’s 2% goal. The Fed has explicitly tied its future interest rate cut decisions to its progress on tackling inflation. For the previous month, the CPI is expected to show…

Five of Britain’s biggest sports broadcasting and production companies have been sanctioned by the U.K. Competition and Markets Authority for sharing sensitive information about freelancer pay rates, with four firms ordered to pay a combined £4.2 million ($5.7 million) in fines. The CMA investigation revealed that Sky, BT, IMG, ITV and BBC colluded on rates paid to freelance workers including camera operators, sound technicians and producers working on major soccer games and rugby tournaments. The companies shared competitively sensitive information on 15 occasions between pairs of the broadcasters, with most exchanges explicitly aimed at coordinating freelancer compensation. “We pay our…