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NEW YORK | Citigroup profit rises to $4.6 billion, beats Street views

NEW YORK — Citigroup said Friday that its third-quarter profits rose 12 percent from a year earlier, as the banking conglomerate was able to cut expenses and benefited from lower taxes. The New York-based bank earned $4.62 billion in the third quarter, up from $4.13 billion a year ago. Citi earned a profit of $1.74 … Continue reading NEW YORK | Citigroup profit rises to $4.6 billion, beats Street views

NEW YORK | Teachers union sues student loan servicer Navient

NEW YORK — The American Federation of Teachers filed a lawsuit Wednesday against Navient, one of the country’s largest student loan servicing companies, alleging that it failed to guide eligible borrowers through a critical student loan forgiveness program. At the center of the lawsuit, brought by nine teachers financially backed by the country’s biggest teachers … Continue reading NEW YORK | Teachers union sues student loan servicer Navient