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Vancouver film workers take on side hustles amid Hollywood shutdown

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The recent strikes by Hollywood actors and writers have cast a shadow over Vancouver’s vibrant movie industry, compelling creative minds in the field to seek unconventional side hustles to navigate these challenging times.

Known as “Hollywood North,” Vancouver and the province of British Columbia stand as a major film production hub in North America, generating around $2.7 billion in revenue in 2022 and providing employment opportunities for camera operators, logistics coordinators, animators, chefs, and more.

However, with the strikes disrupting multiple productions, many film workers in Canada have resorted to seeking temporary alternative employment, such as taking up roles in restaurants, construction, landscaping, and retail. The adaptability of these professionals goes beyond these conventional avenues.

For example, Stacy Lundeen, a talented set dresser, and artist has typically supported his passion for painting through his film work. Recently employed on the CW Network’s superhero show “The Flash,” he now finds himself with no work and has turned back to his art practice.

In June, he opened a pop-up gallery called Slender, featuring visual art by family and friends. To make ends meet, Lundeen also cuts hair in his spare time while juggling his responsibilities as a father.

“Just do it”

Side projects are nothing new for film workers, according to stunt coordinator Thomas Potter, who advises having additional ventures on the side. During the strikes, he has devoted more time to his sandblasting company, AXA.

For Morris Bartlett, a set piece builder with Fiction Factory Props, the strike shutdown has been a “nightmare” for his team. To stay afloat, he now works on custom props for comic book convention performers and corporate clients. Although grateful for the opportunity, these side gigs yield only a fraction of his regular income.

While the film workers in Vancouver are making the most of their ingenuity and resilience through these side hustles, they are eagerly hoping for the return of film work to the city later this year.

The uncertainty of the situation has been stressful for many, and the film community eagerly anticipates the restoration of their beloved movie magic.

Money

Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

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Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.


Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

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#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews


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Dow surges 500 points amid rate cut optimism

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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In Short:
– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
– Alphabet’s stock increased as Meta may invest in AI chips, but Nvidia’s declined amid market concerns.
The Dow Jones Industrial Average increased by 569 points or 1.2% on Tuesday, reflecting investor optimism for an upcoming Federal Reserve interest rate cut. The S&P 500 and Nasdaq Composite also posted gains, up 0.8% and 0.4% respectively. This represented a recovery from earlier losses, where the S&P 500 briefly fell by 0.7%.Banner

Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.

Tech Sector

Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.

Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.


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Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

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Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.


Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.

Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.

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#gold #markets #centralbanks #economy #finance #investing #interestRates #usdollar


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