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Many early bitcoin investors came from the gold world, drawn by the same distrust of paper money. (Photo illustration by Edward Smith/Getty Images)Getty Images Bitcoiners rarely pine for gold’s old-school charm. Why would they? Over five years, their digital darling has outrun the shiny yellow metal nine times over, soaring nearly 1,000% while gold merely doubled. Yet this year, gold is stealing the spotlight, climbing 45% since January while bitcoin trails at just 20%. That yawning gap is leaving bitcoin fans with a sudden case of metal envy, wondering if their digital gold has lost its luster. Gold is outpacing…

Alvaro Gonzalez | Moment | Getty ImagesIn some cases, an investor can simply rely on a robo-advisor to manage their portfolios. But some instances may require a human financial advisor to take the lead, experts say.A robo-advisor is an automated digital program that creates and manages your portfolio based on your investment preferences and risk tolerance, according to Investor.gov. Such programs typically come at a lower cost than traditional financial advisor services. In 2024, the median robo-advisor fee was 0.25% of assets per year, according to a recent Morningstar report. Human advisors typically charge around four times that amount, or 1%…

Photo by Yasin Ozturk/Anadolu via Getty ImagesA government shutdown looms after midnight — and, depending on how long it lasts, could have far-reaching implications for household finances.Those repercussions might include anything from delayed paychecks and layoffs for federal workers to broad effects for other Americans, including disrupted travel plans and an inability to get a mortgage, economists said.Enhanced subsidies for the Affordable Care Act — also known as Obamacare — that have made health plans less expensive for millions of enrollees in recent years are also indirectly at stake.Economists and market analysts are predicting that Democrats and Republicans won’t be…

U.S. Secretary of Education Linda McMahon smiles during the signing event for an executive order to shut down the Department of Education next to U.S. President Donald Trump, in the East Room at the White House in Washington, D.C., U.S., March 20, 2025. Carlos Barria | ReutersHowever, creditor agencies, including the Education Department, are required to warn borrowers of a possible upcoming offset about two months beforehand, the lawmakers said.”The purpose of that 60-day notice is to equip the student borrower with the necessary information to prevent the seizure of their tax refund or Social Security benefits,” the congressmembers write.According to…

The Pakistan Cricket Board’s national selection committee has named an 18-member squad for the two-Test match series against South Africa, part of the ICC World Test Championship 2025-27, commencing on October 12, an official statement confirmed on Tuesday. Shan Masood will continue to lead the side, while three uncapped players — Asif Afridi, Faisal Akram and Rohail Nazir — have also been included. The squad will be further trimmed before the start of the first Test match. South Africa, who were the champions of the ICC World Test Championship 2023-25, will take on Pakistan in the first Test at the…

Drew University in Madison, N.J.Courtesy: Drew UniversityAs college and university leaders returned to campus this fall, there were new signs that a long-building financial crisis may finally be reaching a breaking point.Closures and mergers are looming “at a pace we haven’t seen since the Great Recession,” said Ted Mitchell, president of the American Council on Education.The warning lights have been flashing for years. Fewer high school graduates are enrolling in college and the overall population of college-age students is shrinking, a trend experts refer to as the “demographic cliff.”Higher operating costs and limitations on tuition increases have restricted institutions’ ability to raise revenue, according…

The Pakistan Cricket Board (PCB) has suspended all no-objection certificates (NOC) for players who want to participate in T20 leagues outside Pakistan, ESPNcricinfo reported on Tuesday. According to the report, PCB Chief Operating Officer Sumair Ahmad Syed issued a notice to the players and their agents, making the announcement. The notification, seen by ESPNcricinfo, read: “With the approval of chairman PCB, all NOCs for players with respect to participation in leagues and other out of country tournaments are hereby put on hold until further orders.” According to the publication, the reason behind the move is currently unknown. “Reports have suggested…

The $11 trillion in assets manager has shifted its recommended allocations to 70% fixed income. It now has more than $1 trillion in funds committed to bonds. In investing’s age-old active versus passive debate, nobody was a bigger proponent of passive index fund investing than Vanguard’s late founder Jack Bogle, who insisted that paying active managers hefty fees in an efficient market eats away at investors’ returns. Passive investing has long been a religion at Valley Forge, Pennsylvania-based Vanguard, and legions of “Bogleheads” have built their retirements using this north star. However, when it comes to fixed income, the firm…

KUALA LUMPUR: Malaysian football officials on Monday blamed a “technical error” in the document submission process for an Asian Cup qualifier, which prompted FIFA to suspend seven of the country’s national players. The Football Association of Malaysia (FAM) vowed to fight FIFA’s ruling on Friday that sent shockwaves through the sport in the football-mad nation, saying so-called “heritage” or naturalised players were legitimate citizens. FIFA slapped a year-long ban on the group — including centre-back Facundo Garces, 26, the first naturalised Malaysian to play in Spain’s La Liga — accusing the FAM of using “doctored documentation to be able to…

PARIS: The 2024 Paris Summer Olympics and Paralympics cost the French state 6.6 billion euros ($7.7 billion), the national audit body announced on Monday. The amount is an increase on the initial estimate of 5.9 billion euros in June but the head of the national audit body said it did not represent “budgetary overspending”. Government expenditure on the organisation of the two sporting extravaganzas last summer cost 3.02 billion euros, which included 1.44 billion euros for security. A further 3.63 billion euros were spent on work linked to infrastructure projects. The figures include money spent to ensure that the River…