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Thursday, January 10, 2013

Crisis In The Housing Market

New Mortgage Rules Would Limit Risky Lending

New federal mortgage rules come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards.

January 10, 2013 The Consumer Financial Protection Bureau's new rules that are scheduled to be released Thursday come at a time when regulators and banks are trying to find a middle ground between overly lax and overly tight lending standards. The rules will go into effect next January.

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On Morning EditionPlaylist

Wednesday, January 09, 2013
Tuesday, January 08, 2013

Havens Are Turning Hellish For Tax Avoiders

A man enters a UBS bank in Hong Kong last month. The Swiss banking giant agreed in 2009 to identify the names of its U.S. account holders, part of a push by banking regulators to make it harder to hide income.

January 8, 2013 The U.S. and other countries are cracking down on banks that are known to help clients hide their assets, and the international push is beginning to have a major effect.

Summary

Thursday, January 03, 2013

U.S.

The Phantom Tax That Made The Deficit Look Better

The alternative minimum tax created a "useful fiction," as one analyst says, by appearing to shrink budget deficits.

January 3, 2013 Congress finally made a permanent fix to the alternative minimum tax, which threatened to boost the tax bills of millions of Americans each year. But the AMT also created a "useful fiction," as one analyst says, by appearing to shrink future budget deficits.

Summary

Tuesday, January 01, 2013

The Two-Way

Inside The Fiscal Cliff Budget Compromise Bill: Tax Cuts and Tax Hikes

January 1, 2013 The Senate-approved budget compromise that is meant to allow the U.S. government to avoid higher tax rates and austere budget cuts has tax rates as its central issue. We list some of the bill's effects, from tax credits to rising rates.

Summary

Monday, December 31, 2012
Friday, December 21, 2012

The Salt

Drought, Economics And Your Holiday Feast

Think your prime rib holiday dinner is more pricey this year? You're right. But maybe not for the reason you think.

December 21, 2012 The Great Drought of 2012 dominated headlines this summer, but so far, it has not had a major impact on the prices of food on your holiday table, except the dairy products. That prime rib is more expensive for other reasons.

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On Morning EditionPlaylist

Thursday, December 20, 2012

Business

From Shoes To M&M's, Custom-Made Products Take Off Online

High school student Jon Ledbetter designs his own "NikeiD" sneakers. Ledbetter can post his designs on Nike's website, where other shoppers can also order them.

December 20, 2012 The ability to customize products began with computers more than a decade ago. Now, you can create your own T-shirts, jeans, custom-blend cosmetics and candy. Even luxury brands like Burberry, Prada and Louis Vuitton now let customers design their own looks.

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On Morning EditionPlaylist

Wednesday, December 19, 2012
Tuesday, December 18, 2012
Monday, December 17, 2012
Saturday, December 15, 2012

It's All Politics

Democrats Dig In Their Heels On Entitlement Cuts

House Minority Leader Nancy Pelosi of California said Democrats aren't going to throw America's seniors over the fiscal cliff to give a tax cut to the wealthiest.

December 15, 2012 Republicans are insisting on more austere entitlement programs as leaders negotiate a deal to keep the nation from going over the "fiscal cliff" in the new year. But many Democrats are wary of including any far-reaching and long-lasting entitlement reforms in a hastily thrown-together deal.

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