Charles Lane appears in the following:
Friday, August 04, 2017
The man who caused a firestorm of criticism after he bought a small pharmaceutical company and jacked up the price of a life-saving drug was found guilty Friday of securities fraud. Martin Shkreli was convicted on three of the eight fraud charges he faced and could be sentenced to a prison term of as much as 20 years.
Thursday, July 13, 2017
The swift rise of e-commerce is creating new challenges for cities and suburbs in different parts of the country. The big problem is a loss of sales tax revenues as online sales climb.
Tuesday, June 27, 2017
New Jersey's bid to offer legalized sports betting is going to the Supreme Court. The state wants to allow legal sports betting in its casinos and racetracks, but major league sports are united in their opposition.
Saturday, June 17, 2017
President Trump's plan to roll back diplomatic and trade openings to Cuba has some business leaders upset. They had positioned their businesses to benefit; now strict limitations are back in place.
Thursday, June 01, 2017
Opponents of Venezuelan President Nicolas Maduro are accusing Goldman Sachs of propping up the Maduro government with its recent purchase of Venezuelan bonds. Goldman bought the bonds at a steep discount and stands to make a lot of money if the country stabilizes. But it's not clear the money Venezuela received will ease food and medicine shortages.
Tuesday, May 23, 2017
Many years have passed since Fannie Mae and Freddie Mac got into financial trouble and had to be placed in conservatorship. The mortgage giants are stable now, but nine years later there is still the question of how to get these companies out of conservatorship and on their own again.
Monday, May 01, 2017
Is the stock market overvalued at current levels? A lot of analysts think so. On the other hand, there are analysts who think the market has room to move higher. For both sides, a lot depends on what's going on in Washington, D.C.
Wednesday, April 26, 2017
House Republicans hold a hearing Wednesday on a plan to rewrite Dodd-Frank, the law put in place after the 2008 financial crisis. The Republican plan is known as the Financial Choice Act.
Friday, March 31, 2017
The next loan you get may depend less on your credit score and more on what a program thinks of your habits. Digital lenders say the process will be more fair, but others worry about unintended bias.
Friday, March 10, 2017
It's taking more time to get nominees for financial watchdog jobs in Washington, D.C., through the confirmation process, according to a study by the Bipartisan Policy Center.
Thursday, March 02, 2017
Republicans in Congress plan to roll back parts of Dodd-Frank, the legislation Congress passed after the financial crisis. They say doing so would ease regulatory burdens on small banks. But the plan also eases rules on big banks — the ones that caused the financial crisis.
Tuesday, February 07, 2017
Members of a Syrian refugee family who arrived at New York's JFK Airport on Monday were excited to be headed for a new home in Syracuse, and to give their children a good future in the U.S.
Tuesday, January 17, 2017
Big box retailers and advocates for the poor are teaming up for what could be a fight with congressional Republicans who want to change the corporate tax code. At issue is the border adjustment tax.
Sunday, December 18, 2016
In the Russian-American neighborhood of Brighton Beach, N.Y., many people support the GOP, but they're concerned about Vladimir Putin having too much influence in the Trump administration.
Wednesday, September 28, 2016
Hank Greenberg, who built the insurance giant, will be back on the witness stand. He and another former executive face charges they deceived investors in the years leading up to the financial crisis.
Tuesday, September 13, 2016
New York's case against Maurice "Hank" Greenberg is to get underway Tuesday. The former CEO of insurance giant AIG stretches back to 2005 when he was charged with committing accounting fraud.
Tuesday, July 12, 2016
Following Britain's vote last month to leave the European Union, investors have been moving cash into "safe havens," such as U.S. Treasury bonds. That surging demand for reliable investments has sent interest rates down to record lows. But local governments may not be able to take advantage of cheap money for infrastructure repairs.
Monday, June 20, 2016
Previous efforts by state and federal officials have failed.
Monday, June 13, 2016
The New York Association of School Boards say they aren't opposed to a bill but want to know who'll pay for remediation.
Monday, May 23, 2016
Red light cameras increase safety at intersections at no cost to taxpayers, but over the last several years, the number of communities using red light cameras has fallen. Community outrage is one of the main reasons there are fewer cameras. Meanwhile, safety advocates are trying to increase the number of cameras by better educating local governments on how to use them.