Biden takes on Supreme Court by still trying to forgive student debt

President Joe Biden delivers remarks on the Supreme Court's decision on the Administration's student debt relief program at the White House on June 30, 2023.The Washington Post | The Washington Post | Getty ImagesAfter the Supreme Court struck down the original White House federal student loan forgiveness plan earlier...

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Today’s top AI firms may not be best long-term investments, advisor says

Jaap Arriens/NurPhoto via Getty ImagesHoping to invest in artificial intelligence? Today's "niche" companies and those seen as AI leaders are unlikely to be the biggest winners for long-term investors, said Barry Glassman, a certified financial planner and member of CNBC's Advisor Council."I've been through this enough to see that...

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Credit card spending growth is slowing after reaching record highs

Consumers have remained remarkably resilient amid a series interest rate hikes aimed at cooling inflation. However, there are recent signs of a shift.Shoppers are still buying more than last year, but spending growth is slowing as the economy settles down, according to Jack Kleinhenz, chief economist of the National...

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Here’s why property taxes vary so much from city to city

Andreypopov | Istock | Getty ImagesProperty taxes can be a major expense for households, and several factors may affect the size of the bill, research shows.These levies, which typically fund public services, such as K-12 education, police and firefighters, can be tough to compare across jurisdictions.But there are four...

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With soft landing seen for U.S. economy, 3 financial risks to watch

A Miami supermarket in July 2023.Joe Raedle | Getty Images News | Getty ImagesThe forecast for the post-pandemic U.S. economy once called for a recession. Now many experts are backing off those predictions.In the latest about-face, 69% of economists surveyed by the National Association for Business Economics, or NABE,...

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