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By Brigid Riley TOKYO (Reuters) – The U.S. dollar held firm on Wednesday as investors waited to see whether the Federal Reserve will deliver a hawkish cut ahead of other major central bank meetings this week, pushing the Australian and New Zealand dollars to fresh lows. The Fed is widely expected to deliver a 25-basis-point interest rate cut at the end of its two-day policy meeting on Wednesday, with markets pricing in a 97% probability, according to the CME’s FedWatch tool. Focus will fall on policymakers’ new economic projections for 2025 to be released alongside the decision, namely how much…
Forbes will stop using freelancers for some types of stories indefinitely and blames the change on a recent update to Google Search policies, reports Mia Sato of The Verge.Sato reports, “In recent days, Forbes has said it will stop hiring freelancers to produce content for its product review section Forbes Vetted, according to a journalist who has written for the site. In a note shared with The Verge, an editor at Forbes cited Google’s ‘site reputation abuse’ policy for the change.“Site reputation abuse — also called parasite SEO — refers to a website publishing a deluge of off-brand or irrelevant content in order to take advantage of the…
SANTA CLARA — Sutter Health has unveiled plans to transform several empty office buildings in Santa Clara into two huge medical campuses that would create a healthcare destination in Silicon Valley.The healthcare titan expects to spend $800 million on the development of the two campuses, which would sprout on locations on Mission College Boulevard near Great America Parkway, just north of U.S. Highway 101.“This is going to improve access, it’s a lower cost of care and it provides better access points” for Sutter Health members, said Sutter Health president and chief executive officer Warner Thomas, in an interview with this…
Forbes will stop using freelancers for some types of stories indefinitely — and has blamed the change on a recent update to Google Search policies.In recent days, Forbes has said it will stop hiring freelancers to produce content for its product review section Forbes Vetted, according to a journalist who has written for the site. In a note shared with The Verge, an editor at Forbes cited Google’s “site reputation abuse” policy for the change.Site reputation abuse — also called parasite SEO — refers to a website publishing a deluge of off-brand or irrelevant content in order to take advantage…
Peter Whoriskey at the Washington Post dives into the confusing and divisive world of health insurance companies and their practices. Elisabeth Benjamin, a vice president at the Community Service Society in New York: “People are mad because it’s all a big secret. It’s unfair for us as a society, on something that’s so visceral, to trust giant corporations that make money when they deny care. This is why people are so, so very angry.”Dana Ferguson at MPR News is following the trial on the race between Democratic state Rep. Brad Tabke and Republican challenger Aaron Paul, with updates on voter…
“Folio3D focuses on providing an easy way to share designs to help others visualize them, and integrates seamlessly with their existing workflows. Add to that its DAM functionality, and you’ve got a product that is tailor-made for fashion designers at a price point that makes sense.” Post this Folio3D also functions as a digital asset manager (DAM), allowing users to securely store and organize their designs. This offers interactive portfolio building and shareability for 3D and 2D assets, and sets a new standard in the apparel industry. Further, the DAM helps designers juggling multiple projects to store, organize and keep…
With January just weeks away and inflation still impacting the wallets of Americans, taxpayers across the country are preparing to file in 2025.To ease the transition, the Internal Revenue Service announces inflation adjustments each year, noting adjustments for more than 60 tax provisions. The IRS released numbers for tax year 2024 last year, nudging most taxpayers to pay close attention to the standard deduction for single and married filers.For single taxpayers and married individuals filing separately, the standard deduction rose to $14,600, up $750 from tax year 2023, the IRS reported. For married couples filing jointly for tax year 2024, the…
Stay informed with free updatesSimply sign up to the UK employment myFT Digest — delivered directly to your inbox.It is two weeks before Christmas in west London’s Westfield shopping centre and the shops are fully staffed. Emma Sleep, a trendy new mattress store, is no exception. But the smiling staff in their Emma Sleep T-shirts aren’t employed by the retailer. In fact, they aren’t employed by anyone. They are self-employed freelancers, who have been hired to perform that day’s shift on an app called Young Ones.Until now, the growth of the gig economy has been very visible: in cities all…