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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…

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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…

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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…

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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…

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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…

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​​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…

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(Bloomberg) — Michael Saylor’s Strategy said it bought $10.7 million of Bitcoin, a week after unveiling plans to issue up to $21 billion of preferred stock to acquire more of the cryptocurrency. Most Read from Bloomberg The enterprise software company turned leveraged Bitcoin proxy controlled by co-founder and chairman Saylor has been buying Bitcoin on a frequent basis since late October. The former MicroStrategy purchased 130 Bitcoin at an average price of approximately $82,981 from March 10 through March 16, according to a filing with the US Securities and Exchange Commission on Monday. It now holds about $41.6 billion of…

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Business intelligence firm Strategy, formerly known as MicroStrategy, has added 130 Bitcoin to its holdings, purchasing them for $10.7 million at an average price of $82,981 per BTC between March 10 and March 16. According to the company’s latest SEC filing, the acquisition was funded through the sale of 123,000 shares of its 8.00% Series A perpetual strike preferred stock (STRK), generating approximately $10.7 million in net proceeds. Strategy confirmed that no Class A common stock was sold during the period. Class A common stock refers to a type of equity ownership in a company that typically grants shareholders voting…

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A majority of American voters say their sympathies lie more with Ukraine than Russia in the war between the two countries. At the same time, nearly half say they think President Donald Trump favors Russia, while most of the remainder believe he favors neither, according to the new national NBC News poll.Sixty-one percent of registered voters choose Ukraine when asked which of the two countries has their sympathies more, while just 2% say Russia. Another 35% say they are more sympathetic to neither side, while 2% are not sure.When asked where they believe Trump’s sympathies are, 49% choose Russia, 40%…

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Private assets currently account for less than 1% of assets in 401(k)s and other defined contribution plans, but some major asset managers and plan administrators want to increase that share.”We are seeing institutions worldwide blend public and private markets, and in many cases, it’s been a great investment,” said Larry Fink, chairman and CEO of BlackRock, at a summit on retirement that the company sponsored last week. More than half of the $11.6 trillion assets under management at BlackRock are in retirement products.Fink and other proponents say a key reason for including private assets in the $12.5 trillion workplace retirement plan…

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