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adamkaz/Getty Images Older Americans are facing retirement uncertainty because of market dips and Trump policy changes. Financial advisors urge against drastic investment changes, despite recession fears. Diversifying income sources and delaying taking Social Security can help stabilize retirement plans. With dips in the stock market, planned staff cuts to the Social Security Administration, and rapidly changing economic policy, nearly a dozen older Americans told Business Insider they aren’t sure how to navigate retirement under Trump 2.0 — so we asked financial advisors. It turns out they’ve also been fielding an uptick in queries about how this political moment will impact…

Securitize and Ethena Labs, two firms working closely with BlackRock’s money market token BUIDL, have created an Ethereum-compatible blockchain called Converge, designed to house tokenized assets and provide institutional investors with the innovation of decentralized finance (DeFi). Ethena, which offers a yield-bearing USDe token as well as a BUIDL-backed USDtb stablecoin, will migrate its $6 billion DeFi ecosystem to Converge, while Securitize, the transfer agent for BlackRock’s BUIDL token, will bring its suite of tokenized real world assets (RWAs), like the recently-issued Apollo credit fund token, to the new chain. From in the early days of DeFi there has been…

If you’re behind on your mortgage payments and believe you won’t be able to catch up, you may want to discuss a deed in lieu of foreclosure with your lender. A deed in lieu of foreclosure is an alternative to the traditional foreclosure process. Although it still negatively affects your credit score and overall finances, it can save you time and money compared to foreclosure. Learn more: House deed — Definition, types, and how to get one In this article: A deed in lieu of foreclosure (sometimes referred to simply as “deed in lieu”) is an arrangement in which homeowners…

Changpeng Zhao (CZ), the former CEO of Binance, has made a forecast for the crypto world, suggesting that just a tiny percentage will succeed in the long run. On March 17, CZ responded to an X post by EmperorBTC, a crypto influencer on X, who analyzed the psychology of actors in the crypto market and claimed that the overwhelming majority are not equipped to handle it. EmperorBTC said, “The bar to succeed in crypto is very low.” EmperorBTC explained that 80% of crypto investors are “tourists” who enter the market based on news dynamics and leave when sentiment changes. Over…

Harvard announced on Monday that undergraduate tuition will be free for students of families who make annual incomes of $200,000 or less in a move to make the prestigious institution “affordable to more students than ever.”The university will also make schooling completely free for students from families with annual incomes of $100,000 or less, covering tuition, food, housing, health insurance and travel costs. The new expansion of financial aid will begin in the 2025-26 academic year. “Putting Harvard within financial reach for more individuals widens the array of backgrounds, experiences, and perspectives that all of our students encounter, fostering their intellectual and personal growth,” Harvard…

(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…