Creatas | Creatas | Getty Images Before the pandemic, the federal student loan system caused borrowers frustration and confusion. As the Biden administration resumes payments this month for some 40 million Americans after more than a three-year reprieve, the situation has been especially difficult. Borrowers describe receiving incorrect bills and spending hours on the phone
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In this article C Follow your favorite stocksCREATE FREE ACCOUNT Citigroup reported its third-quarter results on Friday morning, with solid growth in both institutional clients and personal banking fueling higher-than-expected revenue. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:
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Staticnak1983 | E+ | Getty Images Recent indicators show that women are increasingly eager to put their money to work outside of traditional portfolio offerings.  For instance, women accounted for 31.2% of angel investors in the first two quarters of 2022, a slight increase from 30.3% in the same period in 2021, according to a
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Federal Budget Deficit Grew to $2 Trillion in FY 2023 Skip to content Home • Blog • Federal Deficit Grew to $2 Trillion in FY 2023 Outside of the pandemic years, this year’s federal deficit is the highest in U.S. history. Preliminary figures from the Congressional Budget Office (CBO)The Congressional Budget Office (CBO) provides nonpartisan
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Kate_sept2004 | E+ | Getty Images Despite economic uncertainty, it’s still possible to build and preserve generational wealth, experts said Thursday at CNBC’s Financial Advisor Summit.   “There’s a real chance of a soft landing” for the economy, said Mel Lagomasino, CEO and managing partner of WE Family Offices, which has locations in New York City
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Cravetiger | Moment | Getty Images The 60/40 portfolio — a cornerstone strategy for the average investor — has been stressed by the pandemic-era economy and market dynamics. However, “the 60/40 portfolio certainly isn’t dead,” Holly Newman Kroft, managing director and senior wealth advisor at asset manager Neuberger Berman, said Thursday at the semiannual CNBC
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