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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…

Bitcoin investors are closely watching the upcoming U.S. Personal Consumption Expenditures (PCE) inflation report set for release on March 28, which could play a key role in shaping market sentiment. The report, published by the U.S. Bureau of Economic Analysis, tracks inflation based on consumer spending and is expected to provide insight into broader economic conditions. Analysts believe easing inflation concerns could push Bitcoin higher, with some predicting a rise to $110,000 before a potential pullback to $76,500. Bitcoin has historically performed well in April, averaging a 12.9% monthly return, according to CoinGlass data. The Federal Reserve’s recent decision to…

Former Bangladesh captain Tamim Iqbal has thanked fans for their support as he recovers from a serious heart attack he suffered during a match earlier this week. The 36-year-old was leading Mohammedan Sporting Club in a match of the 50-over Dhaka Premier Division Cricket League when he was rushed to a nearby hospital complaining of severe chest pain on Monday. He has since been relocated to a larger medical facility in the capital where he remains under observation. “It’s the heartbeat that keeps us alive, but we often forget that this beat can stop at any moment, without any warning,”…

New York CNN  —  One in four US businesses has scaled back their hiring plans because of the turmoil unleashed by President Donald Trump’s trade war, according to a survey of chief financial officers released Wednesday. The quarterly survey, conducted by Duke University and the Federal Reserve Banks of Richmond and Atlanta, found a significant drop in CFO economic optimism as they grapple with the fog of the trade war. Almost all of their post-election increase in optimism faded. The tariff chaos has caused a deer-in-headlights moment for many firms. Executives don’t know how high tariffs will go, what products…

Auradine has launched the Teraflux AH3880, a hydro-cooled Bitcoin miner designed and manufactured in the United States. The company aims to address the challenges of rising computational demands, increasing energy costs, and dependence on foreign hardware suppliers. With a hash rate of 600 TH/s and an energy efficiency of 14.5 J/TH, the Teraflux AH3880 outperforms other major Bitcoin miners, including the Antminer S19j Pro and the Antminer S21 XP Hydro. This launch comes amid disruptions in U.S. Bitcoin mining, as some mining rig shipments have been seized by U.S. Customs and Border Protection. These seizures involve devices from companies like…

A half-century by captain Salman Agha lifted Pakistan to 128-9 in the fifth and final Twenty20 against New Zealand in Wellington on Wednesday. Salman was eventually dismissed in the penultimate over for 51 after he and Shadab Khan rescued Pakistan from 52-5 in the 10th over. Jimmy Neesham, who removed both Salman and Shadab, was the most successful New Zealand bowler with 5-22. New Zealand, with an unbeatable 3-1 lead in the series, need 129 to win. After another poor start by Pakistan, Salman and Shadab shared a 54-run stand for the sixth wicket. Shadab was caught behind off Neesham…