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(Bloomberg) — Volkswagen AG has been wanting to build more cars in North America. Most Read from Bloomberg Now, as Donald Trump embarks on a trade war that’s roiled the global auto industry, the German carmaker’s calculus has grown far more complicated. About this time last year, the company was considering expanding a plant in Tennessee, using a factory it’s planning in South Carolina or boosting operations in Mexico. Executives are now looking primarily at options in the US Southeast, according to people familiar with the matter. A final decision may be a ways away and depends on the outlook…

According to a JPMorgan Chase report, Bitcoin’s network hashrate did inch higher in March, but declining prices were putting pressure on mining profitability. The JPMorgan Chase report states that in the first half of March, the Bitcoin network’s hashrate increased by two exahashes per second (EH/s), averaging 811 EH/s. The report, authored by analysts Reginald Smith and Charles Pearce, elaborated that while the overall collective computing power that miners spent was slightly up in March, their profits were down as the price of Bitcoin fell by around 10%. While miners maintained their network share, their profits suffered. They earned about…

Connect Images | Connect Images | Getty ImagesA bad time to seek lower paymentsFederal student loan borrowers who are laid off from their jobs are usually able to sign up for an income-driven repayment plan and get a lower payment, or even a $0 bill, while they’re unemployed.IDR plans limit borrowers’ monthly payments to a share of their discretionary income and cancel any remaining debt after a certain period, typically 20 years or 25 years.However, at the moment, borrowers are unable to access the applications for IDR plans.The disruption is due to a recent U.S. appeals court decision that blocked…

(Bloomberg) — The recent selloff in Apple Inc. shares is an opportunity for investors as the tech giant is still seen by some analysts as a safe haven in periods of market volatility. Most Read from Bloomberg Shares fell nearly 11% last week, the stock’s biggest one-week slump since November 2022. Apple’s more than 14% drop this year exceeds the nearly 6% decline of the Nasdaq 100 Index. The stock was down about 1% Monday. The decline comes as uncertainty over tariffs and the broader economy’s outlook — something that has hammered tech stocks broadly in the past few weeks…

For college hopefuls, there is a letter that is arguably more significant than an acceptance notification: the financial aid award.Nearly 75% of all undergraduates receive some type of financial aid, according to the National Center for Education Statistics.For a majority of students and their families, financial aid is the most important factor in their decisions about choosing where to attend and how to pay the tab. The amount of aid offered matters, as does the breakdown between grants, scholarships, work-study opportunities and student loans.And yet, “the system lacks transparency, especially around the true cost of attendance, making it very difficult for families to comparison…

General Motors is recalling more than 90,000 vehicles over a transmission control valve issue that can cause tires to lock up, the National Highway Traffic Safety Administration said. The problem affects cars with 10-speed transmissions, the safety administration said. Over time, the transmission control valves in some of the vehicles can become susceptible to excessive wear, causing a loss of pressure within the valve that can result in harsh shifting, it said. “In rare cases, the wheels may experience a momentary lock up,” the administration said in a recall notice, increasing the risk of a crash. The affected models are…

Qinetiq, which is helping equip the Royal Marines, has slashed its revenue and profitability targets – Anthony Upton The chaos unleashed by Donald Trump’s reluctance to back America’s allies has triggered a squeeze on defence spending, military contractor Qinetiq has warned.On Monday, the UK company cut its revenue and profitability targets, blaming “recent geopolitical uncertainty” for a dearth of new contract awards since January.Qinetiq shares fell as much as 22pc – wiping more than £500m off the market value of the Hampshire-based business. The contractor had already warned that tight public spending and the election of new governments in Britain…

Bitcoin (BTC) investors are looking to move past four consecutive Monday losses. Over the past few weekends, the largest cryptocurrency has experienced significant price volatility, driven by macroeconomic uncertainty including geopolitical tensions, tariffs and rising global bond yields. The weekend nervousness appears to have carried over into Mondays. Data from Velo shows the over the past three months Mondays and Thursdays have been the most negative days of the regular workweek. Sunday, however, stands out as the worst-performing day of the week overall, with an average price decline of 1%. Overall, weekends perform slightly worst than weekdays in terms of…

The International Cricket Council (ICC) on Monday said that all-rounder Khushdil Shah has been fined 50 per cent of his match fee for breaching level 2 of its Code of Conduct in the first Twenty20 against New Zealand in Christchurch on Sunday. The tourists began the five-match series in disastrous fashion, reduced to 11-4 at the end of the fifth over after towering paceman Kyle Jamieson ran amok with the new ball. They were eventually dismissed for their lowest score in a T20 on New Zealand soil and the home side had few problems in responding with 92-1 off just…

​​Michael Mortensen was looking forward to spending two weeks in Hawaii with his family last month, but his patriotism wouldn’t let him.The Vancouver-based development consultant and urban planner said he’s refusing to spend money south of the border while President Donald Trump “levies idiotic tariffs and rains chaos” on Americans and Canadians alike.Mortensen, 58, had budgeted about $10,000 for accommodations, food and entertainment, but he’s now exploring alternative destinations that bypass the U.S. “without even a connection or layover.” He added that he wrote letters to Hawaii’s governor and the state’s tourism board explaining his decision.Trump’s escalating trade war against…