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The latest headlines from our reporters across the US sent straight to your inbox each weekdayYour briefing on the latest headlines from across the USYour briefing on the latest headlines from across the USA 42-year-old Florida woman was arrested Tuesday after allegedly threatening a health insurance worker over the phone by using the same words that were found on the bullets used to fatally shoot UnitedHealthcare CEO Brian Thompson last week.“Delay, deny, depose. You people are next.” Briana Boston of Lakeland allegedly told a BlueCross BlueShield employee at the end of a call about a recently denied medical insurance claim.Those…
Fiverr International Ltd. A new, powerful experience combining data, AI, and human experts makes things simple and faster for customers Dynamic Matching: Fiverr’s New Approach to Finding Freelancers Combines AI and Human Expertise A new, powerful experience combining data, AI, and human experts makes things simple and faster for customers NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) — Fiverr International Ltd. (NYSE: FVRR), the company changing how the world works together, today released Dynamic Matching. The new AI-assisted matching tool transforms how businesses can find and hire freelancers. Simply put, Dynamic Matching helps customers write and refine their project description,…
Investors may want to rethink their cash allocations heading into 2025, many on Wall Street are warning. Yields on cash-equivalent investments like money market funds , certificates of deposit and Treasury bills follow the Federal Reserve ‘s interest-rate moves. The central bank meets next week and is widely expected to slash rates by another quarter percentage point, bringing the federal funds rate to between 4.25% and 4.5%. Lower yields notwithstanding, Americans’ love affair with cash doesn’t appear to be fading anytime soon. A record $6.77 trillion is sitting in money market funds, as of the week ended Dec. 4, according…
Why Cult Market Is the Freelance Platform You’ve Been Waiting ForIn a sea of freelance platforms that cater to every industry under the sun, Cult Market stands out. It’s not just another job board — it’s a Web3-first platform built specifically for the unique needs of freelancers and employers working within the blockchain and crypto spaces. Here’s how Cult Market is rewriting the rules for the freelancer economy:While other platforms host a broad spectrum of job categories, Cult Market has one clear focus: Web3 and blockchain talent. Whether you’re a blockchain developer, a cryptocurrency strategist, a UI/UX designer for decentralized…
EUR/USD weakens and slides below 1.0500 as the ECB cuts interest rates by 25 bps. The ECB refrained from committing a pre-defined interest rate cut path. No surprise in the US CPI data cemented Fed rate cut bets for next week’s meeting. EUR/USD refreshes weekly low around 1.0470 in Thursday’s North American session after the European Central Bank (ECB) policy meeting in which the central bank reduced its Rate on Deposit Facility by 25 basis points (bps) to 3%, as expected. Similarly, the Main Refinancing Operations Rate was reduced by 25 bps to 3.15%. This was the third straight 25 bps interest rate cut by the ECB in a…
Fiverr International Ltd . (NYSE:), a leading online marketplace connecting freelancers with businesses seeking digital services, finds itself at a critical juncture as it navigates a challenging macroeconomic environment and the potential disruption of artificial intelligence (AI) in the freelancing industry. Despite these headwinds, the company has demonstrated resilience through strategic initiatives and a focus on high-value customers. According to InvestingPro data, Fiverr maintains impressive gross profit margins of 82.65% and has achieved a perfect Piotroski Score of 9, indicating strong financial health. Company Overview and Recent Performance Fiverr, founded in 2010 and headquartered in Tel Aviv, Israel, has established…
Fundamental OverviewThe US CPI report yesterday came in line with expectations and sealed the 25 bps cut next week with the probabilities standing around 97%. Overall, the market’s pricing remained largely unchanged around three rate cuts by the end of 2025.This contributed to some US Dollar weakness although we are still consolidating around the highs. The market will likely need stronger evidence of inflation re-accelerating to price out the remaining rate cuts. For now, we reached the peak in the repricing. On the JPY side, the market increased the probabilities for no change at this month’s BoJ decision following a…