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New York CNN  —  President Donald Trump is set to announce at 4 pm ET Wednesday tariffs on cars shipped to the United States, White House press secretary Karoline Leavitt told reporters. Trump previously said he would announce auto tariffs on April 2, the day he’s expected to announce a package of reciprocal tariffs. However, earlier this week, he hinted at an earlier rollout for the auto sector. Leavitt did not immediately share any details on the tariffs, including the rate and date they will go into effect, saying Trump will deliver that information later in the day. This comes…

MicroStrategy (Nasdaq: MSTR), recently rebranded to Strategy, co-founder and executive chair Michael Saylor said that he may burn his own private keys to Bitcoin instead of donating the cryptocurrency before he dies. It would be an “ethically proper, ethically sound form of charity” that would grant “economic immortality,” added Saylor. Saylor made these remarks while speaking to Christine Lee in an interview on March 25. Strategy co-founder explained that burning his Bitcoin would reduce its supply, making the asset more valuable. The step would make “everyone in the network much richer and more powerful.” Saylor added, “We’re all in it…

People walk on the campus of the University of Southern California (USC) on March 21, 2024 in Los Angeles, California. Mario Tama | Getty ImagesAround 9.7 million student loan borrowers became past due on their bills after the Covid-era payment pause expired, according to a new estimate by the Federal Reserve Bank of New York.After the Covid-era pause on federal student loan payments lapsed in September 2023, the Biden administration offered borrowers a 12-month “on-ramp” to repayment. During that time, borrowers were shielded from most of the consequences of falling behind on their payments. That relief period concluded on Sept. 30, 2024.By the end of…

A little bit of inflation is a healthy part of a balanced economy. Making your money worth a little less over time should encourage people to buy things and otherwise use their cash. But nobody likes a sudden flare-up in inflation rates. America suffered an inflation crisis in 2022 and 2023, as the combined fallout of the fading coronavirus pandemic and Russia’s attack on Ukraine drove energy prices through the roof. A fresh Motley Fool research report on inflationary effects shows energy prices skyrocketing in this period, with cascading effects on other goods over time. Energy prices affect the costs…

PARIS: World Athletics said on Tuesday it had approved the introduction of a cheek swab test to determine if an athlete is biologically female. Sebastian Coe, the head of the international track and field federation, said the decision taken by the body’s decision-making council was a “really important” way of protecting the female category. “It’s important to do it because it maintains everything that we’ve been talking about, and particularly recently, about not just talking about the integrity of female women’s sport, but actually guaranteeing it,” Coe said in a press conference after the World Indoor Championships in Nanjing, China.…

People walk past the headquarters of the U.S. Small Business Administration in the Southwest Federal Center area on March 24, 2025 in Washington, DC. Chip Somodevilla | Getty ImagesPresident Donald Trump said last week that federal student loans would “immediately” be moved out of the U.S. Department of Education and will be managed by the Small Business Administration.”They’ll be serviced much better than it has in the past,” Trump said of the debt. “It’s been a mess.”Consumer advocates expressed worries that the mass transfer of accounts to the SBA could trigger errors, or compromise borrowers’ privacy. They also raised concerns about…

CNN  —  Student loan delinquencies are poised to hit record highs, and more than 9 million borrowers could see their credit scores tank in the first quarter of this year, according to new data released Wednesday. The Federal Reserve Bank of New York released its latest snapshot on student loan borrowing, a biennial report that tracks debt loads, delinquencies and related impacts to credit scores. The 2025 Student Loan Update showed that an estimated 15.6% of federal loans — a new record — were past due at the end of last year, with more than $250 billion in delinquent debt…

CORTINA D’AMPEZZO: Italian deputy premier Matteo Salvini said on Tuesday he would like to see Russian and Ukrainian athletes compete at the Milan-Cortina Winter Olympics next year, if their countries have stopped fighting. The leader of the far-right League party, a junior partner in Prime Minister Giorgia Mel­oni’s government who has respo­nsibility for infrastructure, was speaking at the inauguration of the Winter Olympics bobsleigh track in Cortina d’Ampezzo. “Given that there are peace talks (on the Ukraine war) going on at the moment, and that the Olympic spirit should be what brings people and athletes together, I hope… the Milan-Cortina…

In a conversation at the Exchange conference in Las Vegas, which has brought together about 2,000 investment advisors and asset managers, Dominic Rizzo, global technology portfolio manager at R. Rowe Price—the firm that handles over $1 trillion in assets—said that now is a good time to have exposure to bitcoin. He likened the price of bitcoin to a commodity and how investors should think about investing in it. “Bitcoin itself has traded very close to its average cost of mine. So if you think about it like a traditional commodity, that’s actually historically a really good time to have exposure…

FAISALABAD: Peshawar and Lahore Blues completed the semi-finals line up of the National T20 Cup as they beat Faisalabad and Sialkot, respectively on Monday night here at the Iqbal Stadium. Peshawar got over the line aga­inst Faisalabad in a close encounter as they won by three wickets with only four balls to spare. Peshawar’s Mohammad Amir Khan, after claiming three victims with the ball, struck two sixes in his unbeaten six-ball 14 after walking in at 120-7 in the 18th over to make sure Peshawar chase the 139-run target and secure a semi-final berth. Earlier, Faisalabad had opted to bat…