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News Articles by Lisa Chow

Musicians Rethink Approach to Money Making

February 27, 2008

by Lisa Chow

In a time of plunging CD sales and the growth of Internet file sharing, musicians have to rethink their approach. WNYC's Lisa Chow reports on how some people could make music pay. REPORTER: It is po....

Bands Play Basements In Search of Fans

February 19, 2008

by Lisa Chow

Struggling musicians will do anything to get more fans. Band members will spend hours handing out flyers, maybe hanging posters. They'll even work for free in public places like parks and subways. WN....

Racing Association Close to Bailout Deal with State

February 07, 2008

by Lisa Chow

State leaders are close to a deal that would let the "New York Racing Association" - also known as NYRA - continue managing Aqueduct, Belmont and Saratoga racetracks for the next 25 years. Senate Ma....

Spitzer Seeks Helps from Advisors

January 29, 2008

by Lisa Chow

REPORTER: Two of the 4 aren't predicting a recession, but they noted some troubling signs - including a major dip in home construction, a credit crunch that forces consumers and businesses to pay hig....

Loan Review Company Agrees to Work with Cuomo on Subprime Investigation

January 28, 2008

by Lisa Chow

A company that analyzes mortgages for Wall Street banks has agreed to cooperate with state prosecutors in an investigation of the banks' role in the sub prime mortgage crisis. REPORTER: Clayton Hold....

Kelly Responds to NYPD Cuts

January 25, 2008

by Lisa Chow

REPORTER: Mayor Bloomberg has rolled out a $58.5 billion budget plan, featuring cuts throughout city government, including the Education and Police Departments. Police Commissioner Ray Kelly says th....

Mercury-Tainted Raw Fish Doesn’t Bother Some New Yorkers

January 23, 2008

by Lisa Chow

There's so much mercury in tuna sushi sold at some New York City restaurants, that New Yorkers would ingest more of the toxic metal than the federal government recommends, if they ate six pieces a we....

Utility Heads Get Grilled on Who’s Responsible for Pipe Explosion

January 22, 2008

by Lisa Chow

Con Ed was under tough questioning today, as city council members looked to force the utility to accept responsibility for last summer's deadly steam pipe explosion. REPORTER: Speaker Christine Quin....

An Answer to Recession Worries? Gold.

January 17, 2008

by Lisa Chow

It might be a good time to cash in your gold coins and jewelry. Gold prices set a record high this week, reaching above 900 dollars an ounce. It's a sign investors are losing faith in stocks, bonds a....

National Housing Slowdown Touches New York

January 15, 2008

by Lisa Chow

The housing market slowdown has finally touched New York. The city's annual assessment roll, considered the most authoritative account of city property values, showed market values increased by just ....

Subprime Woes Affect Bonus Handouts

December 24, 2007

by Lisa Chow

The sub-prime mortgage crisis continues to play out on Wall Street. Investment banks Bear Stearns and Morgan Stanley reported quarterly losses last week, writing down their mortgage assets by billion....

Feds Decide to Cap Flights in Hopes of Easing Delays

December 19, 2007

by Lisa Chow

Fewer flights will go in and out of New York City airports, starting next year. Transportation Secretary Mary Peters announced a decision to cap the number of flights at Kennedy airport. REPORTER: S....

Getting Healthier Foods to Low Income Neighborhoods

December 18, 2007

by Lisa Chow

Hoping to combat rising obesity and diabetes rates, city leaders want to encourage more fruit and vegetable street vendors in low-income neighborhoods. The city plans to issue 15-hundred new permits ....

Construction Accident Near Ground Zero Injures Architect

December 14, 2007

by Lisa Chow

One man was seriously injured this morning at a construction site in Lower Manhattan, after a crane dropped a load of construction materials onto a office trailer. REPORTER: A spokesman for builder ....

City Sponsors Conference on Foreclosures

December 13, 2007

by Lisa Chow

Here's the conventional view of why foreclosures have spiked in the US - low teaser rates lured borrowers into risky sub-prime loans. The rates reset, the payments exploded and a massive number of bo....

Public Housing Goes Green

December 07, 2007

by Lisa Chow

New York City's public housing stock may be greener and more energy efficient in the years to come. The city's housing authority is working in partnership with the federal housing agency and Presiden....

Rangel Faces Challenges in Proposal to Fix Tax "Loophole"

December 06, 2007

by Lisa Chow

New York Congressman Charles Rangel says he’s trying to fix something in the tax code – a “loophole” that allows managers of investment partnerships to pay a tax rate that’s lower than what....

Rangel Proposes End to Alternative Minimum Tax

December 05, 2007

by Lisa Chow

If Washington doesn't act quickly, an estimated one in five New York taxpayers - or 1.7 million people - will be subject to the alternative minimum tax next year. Also known as the AMT, it was intend....

Thanksgiving Retailers Begin Stocking Up for Shoppers

November 20, 2007

by Lisa Chow

Today is expected to be the busiest day of the year at the Hunts Point produce market in the Bronx as store owners get ready for Thanksgiving. REPORTER: Hunts Point is New York's main food distribut....

Mortgage Lender Offers Financial Help to Some of the City’s Homeowners

November 15, 2007

by Lisa Chow

The national mortgage lender Countywide Financial has agreed to renegotiate loans for one-thousand at-risk borrowers in the metropolitan New York area. REPORTER: The move was prompted by state senat....


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