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The Japanese Yen drifts lower for the second straight day amid the BoJ rate hike uncertainty.The JPY bulls seem unimpressed by slightly higher-than-expected inflation data from Japan.The USD bulls retain control ahead of Fed Chair Powell’s speech and support the USD/JPY pair.The Japanese Yen (JPY) recovers slightly from a three-week low touched against a broadly firmer US Dollar (USD) earlier this Friday amid mixed fundamental cues. Signs that the underlying inflation in Japan remained sticky reaffirmed the market view that the Bank of Japan (BoJ) will stick to its policy normalization path. This, along with the cautious market mood, offers…
Wired has posted an explanation about how it was tricked into publishing a fake story produced by artificial intelligence.Its story explains, “After some standard back-and-forth about framing and payment rates, our editor assigned the story. The edit process also raised no alarms; the writer accepted suggestions and responded to notes promptly and amiably. We published the story on May 7.“Over the next several days, it became clear that the writer was unable to provide enough information to be entered into our payments system. They instead insisted on payment by PayPal or check. Now suspicious, a WIRED editor ran the story…
EUR/USD drops 0.40% as US PMI shows business activity strengthening in August.Jobless claims rise to three-month high, signaling labor market cooling.Fed officials Hammack, Schmid, and Bostic strike hawkish tone, prioritizing inflation.ECB expected to hold rates, while Fed easing bets trimmed; Powell speech Friday to set near-term direction.EUR/USD retreats some 0.40% during the North American session as the Greenback posts solid gains following the release of economic data from the United States (US). Strong figures regarding business activity outweighed a soft jobs report, pushing traders to trim bets for a Federal Reserve rate cut at the September meeting. The pair trades…
Washington, D.C. – August 21, 2025 – OneClickGigs.com, a new platform designed to simplify the way businesses connect with freelance professionals, has officially launched. The site makes it easier for digital marketers and businesses to access qualified experts across over 500 categories, in areas such as web design, content creation, social media advertising, AI cue engineering, and motion graphics. The platform was founded by Pawel Wojciechowski, a digital marketing strategist and affiliate professional with over 14 years of industry experience. Having personally commissioned more than 2,800 projects on Fiverr, Wojciechowski brings hands-on expertise in identifying, managing, and evaluating freelance talent.…
After years of stock market growth, many investors are sitting on large profits in taxable accounts, which could trigger hefty capital gains when sold. That bill can be significant for wealthy Americans, with a 20% top capital gains rate, plus 3.8% net investment income tax, depending on earnings. One solution, known as a 351 conversion or exchange, allows higher earners to transform appreciated assets into shares of new exchange-traded funds. The strategy seeds ETFs before launch, and the original investor defers capital gains until selling their shares.For some investors, the strategy is “like magic,” said certified financial planner David Haas, president of…
Wired and Business Insider have removed news features written by a freelance journalist after concerns they are likely AI-generated works of fiction, reports Charlotte Tobitt of Press Gazette.Tobitt reports, “Freedom of expression non-profit Index on Censorship is also in the process of taking down a magazine article by the same author after concerns were raised by Press Gazette. The publisher has concluded that it ‘appears to have been written by AI.’“Several other UK and US online publications have published questionable articles by the same person, going by the name of Margaux Blanchard, since April.“Most of the published stories contained case studies of named…
The USD is stretching higher as the S&P global and the existing home sales beat expectations. That has lessened the chance of a September rate cut to 75%. Recall last week it was as high as 100%. Fed Chair Powell will speak tomorrow at 10 AM. Although September data is going to be key ahead of the rate decision mid-month, at this moment, it is hard to justify Powell being anything other than data -dependent despite the pressure to cut rates and the weaker jobs report. He may tilt because of a more dual focus, but to go all-in for…
BALTIMORE — A new variation of job scams is targeting freelancers, and it could cost workers thousands of dollars before they realize they’ve been duped.Like other job scams, this scheme involves a fake check. But what makes it particularly tricky is that the scammer provides a convincing reason for why the victim needs to send part of the money back. If someone does that before the check clears, that money comes straight out of their pocket.Wendy Meyeroff, a seasoned writer who supports her semi-retirement with freelance work, nearly fell victim to this scam.”I’m the ghost writer who grabs attention in…
