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By Gertrude Chavez-Dreyfuss and Harry RobertsonNEW YORK/LONDON (Reuters) – The safe-haven Swiss franc and Japanese yen pared gains on Friday after Tehran signalled that it has no plans to retaliate against Israel, which launched what has been described as a limited-scale attack on Iran overnight.Both currencies jumped against their peers after news of Israel’s action, but their gains have eased a bit. Both though still traded higher on the day.In late morning trading, the U.S. dollar fell 0.4% against the Swiss franc to 0.9088 franc. It dropped as low as 0.9011 franc overnight, a roughly two-week low, following news of…
On Thursday, Taylor Swift did a very Taylor Swift thing: She posted an Instagram story with a link to buy “Fortnight,” the first single off of her new album, The Tortured Poets Department. It was cute, maybe even unnecessary. Taylor Swift is one of the biggest recording artists in the world. She announced TTPD in February while accepting the Grammy for best pop vocal album for her last record, Midnights. Swift sold 19 million albums in the US alone last year; she doesn’t have to post IG stories about a new single. Yet there she was getting the internet all…
Hopeworks, the Camden-based nonprofit that propels young adults ages 17 to 27 into long-term, living-wage careers, held its annual Spring Pitch Competition on April 13 at the organization’s headquarters. The competition was offered to Hopeworks trainees, interns and alumni to pitch their business ideas and services to a panel of esteemed judges, for the opportunity to win cash prizes and funding for their entrepreneurial endeavors. The 2024 competition was a great success, with five entrepreneurs winning cash prizes and funding totaling $9,000. After hearing pitches across a variety of industries, from fashion and beauty to agriculture and culinary arts, the…
By Yali Saar One thing that older executives may not realize is how many of their younger employees have “side hustles” – second jobs and small businesses that compete for employee attention. An astounding 53% of Gen Z, half of Millennials and 40% of Gen X now have a side hustle, and 44% believe they will always need one. Kelsey Woodin, a 34-year-old mother of two young boys in Santa Maria, California, works a full-time day job at a supplement company while running her own wedding coordination and event-planning business on nights, weekends, and during her lunch hour – frequently…
The Boohoo Group, which owns brands such as Karen Millen, Pretty Little Thing and Debenhams, says marketing remains “absolutely vital” to the success of its business and has committed to continued investment even as it slashes its forecast for the year. Speaking to investors today (3 October), chief executive John Lyttle said the company was focused on investing in “agility”, “speed”, price and marketing. He described these investments as “short-term pain that helps protect our brands and places [them] well for future growth opportunities”. This commitment comes in the context of significant revenue declines for the company in the six…
Nigerian freelancers have the lowest rates on Upwork, one of the leading freelancing platforms, compared to four other African countries. A study by Bookipi, an invoicing software company, revealed that, on average, pricing for popular services like logo design, video editing, and data entry in the cost of freelance labour globally in 40 countries, Nigeria ranked 18th, charging an average of $163 per job. Read also: Here are 6 African countries with better internet coverage than Nigeria Other African countries after Nigeria include Egypt, which charges $157.16; South Africa ($138.88); Tunisia ($136); and Kenya ($111.99). However, Colombia’s freelancers, ranked as the…
ChatGPT-4 appears useful for extracting details from reports on thrombectomy procedures in stroke patients, a labor-intensive and error-prone task currently performed by human readers, according to a group in Germany. Such “data mining” by ChatGPT could provide an alternative to manual methods for building stroke registries, with the data being key to improving the quality of stroke care, noted lead author Nils Lehnen, MD, of University Hospital Bonn, and colleagues. “Procedural details of mechanical thrombectomy in patients with ischemic stroke are predictors of clinical outcome and are collected for prospective studies or national stroke registries,” the group wrote. The study…
The U.S.-based spot bitcoin (BTC) exchange-traded funds (ETFs) registered cumulative outflows of $4.3 million on Thursday, extending the four-day run of withdrawals ahead of the supposedly bullish mining reward halving.Since April 12, the ETFs have witnessed a total net outflow of over $319 million, with Grayscale’s GBTC accounting for a large share of the withdrawals, provisional data published by Farside Investors showed.For instance, on Thursday, GBTC alone saw a significant loss of $90 million in outflows, which was partially offset by inflows into Fidelity’s FBTC and BlackRock’s IBIT.The Grayscale ETF has been losing money since day one for several reasons,…
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Certain Wall Street analysts see substantial downside for shareholders of Tesla and Palantir Technologies. The artificial intelligence (AI) gold rush is in full swing. The technology-heavy Nasdaq Composite advanced 31% over the past year as investors piled into the market, hoping to strike it rich. Sentiment is still running hot, but it’s important to be choosy when buying stocks. Not every company will be a long-term winner, and not even the best company is a good investment at any price. With that in mind, certain Wall Street analysts see substantial downside in two popular AI stocks, Tesla (TSLA -3.55%) and…
