Author: IA PressRoom

College is on sale; apply and see how large a discount you will getAFP via Getty Images As private colleges and universities struggle to increase their enrollment and improve their financial situation, they continue to increase their tuition while also increasing the amount that they discount the price. The latest report from the National Association of College and University Business Officers (NACUBO) indicates that 91% of new full-time freshmen receive institutional financial aid and that the average award is equal to 62% of the institution’s tuition. Overall, institutions are receiving only 44 cents on each dollar charged from new freshmen…

If investing intimidates you, here are five ways to start with low risk.getty As a debt-free millionaire and personal finance educator, I shifted my own investments to better suit my risk tolerance and take advantage of high interest rates in 2023. Here are four short-term passive income sources that can help you grow your money without losing sleep at night. Stash The Savings You Won’t Need Until Next Year In A CD I personally opened several certificates of deposit since the beginning of the year to save cash for the down payment on my next home and for vacations I…

TSMC has defended its push to diversify manufacturing beyond the company’s native Taiwan as a vital step to secure the future of the world’s largest contract chipmaker, amid increasing geopolitical tensions.Taiwan Semiconductor Manufacturing Company’s overseas expansion plans have triggered concerns at home, with shareholders challenging management at its annual meeting on Tuesday. They asked chair Mark Liu to explain the rationale behind his decision to invest $40bn in two fabrication plants in the US, build another one in Japan and consider one in Germany.Liu said the company needed to globalise to retain and expand its technology and manufacturing leadership. The…

© Reuters Investing.com — The U.S. SEC sues digital coin exchange Binance as the regulatory scrutiny on the cryptocurrency industry increases. Meanwhile, Apple unveils a new mixed reality headset that is being heralded as the tech giant’s most important new piece of hardware since the iPhone, but Wall Street remains uncertain how consumers will react to the device’s big price tag. 1. SEC sues Binance The price of was hovering near a two-and-a-half month low on Tuesday after a steep slide sparked by the news that a major U.S. regulator had sued Binance, the world’s biggest cryptocurrency exchange platform. In…

© Reuters. FILE PHOTO: The Chongqing Changan Automobile’s logo is pictured at its booth during the Auto China 2016 auto show in Beijing, China, April 25, 2016. REUTERS/Kim Kyung-Hoon/File Photo SHANGHAI (Reuters) – Some Chinese suppliers to state-owned Chongqing Changan Automobile have written to the automaker after it cut their payments by 10%, saying they were unfairly being forced to pay for the industry’s bruising price war. The suppliers said Changan, which also has partnerships with Ford Motor (NYSE:) Co and Mazda Motor (OTC:), told them in March that a recent wave of price cuts by its rivals had hit…

Source: TradingViewThe Binance Coin price has dived by 8% in the past 24 hours, dropping to $276 following the SEC’s opening of legal proceedings against Binance.This price represents an 11% drop in the past week and a 15% fall in the last 30 days, with BNB up by 12% since the beginning of the year.But with the SEC charging Binance with 13 offences, including selling unregistered securities and commingling customer funds, it’s very likely that BNB will suffer further declines in the coming days, weeks and months.This may not be the case if Binance manages to mount a strong defense…

© Reuters. FILE PHOTO: A general view of skyline buildings, in Hong Kong, China July 13, 2021. REUTERS/Tyrone Siu/File Photo By Georgina Lee HONG KONG (Reuters) – Hong Kong ‘s central bank plans to test the use of its digital currency under a pilot project in its HK$1.8 trillion ($229 billion) mortgage market, with an aim to slash a month-long loan approval process by half, according to the pilot participants. The test comes amid fierce competition among banks to attract mortgage customers in the world’s least affordable housing market, with some lenders even handing out hefty cash rebates to draw…

CNN  —  Robert Philip Hanssen, who received payments of $1.4 million in cash and diamonds for the information he gave the Soviet Union and Russia, has died, the Federal Bureau of Prisons announced Monday. He was 79 years old. Hanssen had been in custody at Colorado’s USP Florence ADMAX since July 17, 2002. “On Monday, June 5, 2023, at approximately 6:55 am, inmate Robert Hanssen was found unresponsive at the United States Penitentiary (USP) Florence ADMAX in Florence, Colorado,” a release from the Federal Bureau of Prisons said. “Responding staff immediately initiated life-saving measures. Staff requested emergency medical services (EMS)…

A small group of technology stocks may be powering the stock market higher, but investors have continued fleeing equity funds in the first five months of 2023 in favor of fixed-income alternatives, according to LSEG Lipper data. An estimated $114.3 billion was pulled from conventional equity funds this year through the end of May, according to the data, as investors brace for the Federal Reserve’s higher rates to course through the U.S. economy. On the flip side, $36.8 billion flowed into equity exchange-traded funds, or ETFs, on the year through May 31, somewhat offsetting the total outflows from equity funds,…

Disney outlined its vision Monday for how virtual reality could change the way we watch sports.  CEO Bob Iger shared the “sneak peek” as partner Apple unveiled its upcoming Vision Pro headset. The tech could offer court-side views, control over camera angles, and the ability to watch multiple games at once. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Disney gave a glimpse on Monday into its vision for how VR could change the way we watch sports, and the possibilities give new meaning…