Charles Lane

Charles Lane appears in the following:

Tourism Industry Disappointed In New Cuba Policies

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.


Maduro Opponents Denounce Goldman Sachs' Purchase Of Venezuelan Bonds

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.


U.S. Looks To Get Mortgage Giants Fannie And Freddie Out Of Conservatorship

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.


Analysts Divided Over Stock Market Valuation In Trump Era

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.


Republicans Begin Hearings To Peel Back Dodd-Frank

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.


Will Using Artificial Intelligence To Make Loans Trade One Kind Of Bias For Another?

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.


Partisanship Blamed For Slowdown In Political Appointments

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.


Republicans Plan To Roll Back Dodd-Frank Financial Regulations

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.


With Travel Ban Blocked, Syrian Refugees Arrive In New York To Start A New Life

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.


Congressional Republicans Take Aim At Taxes On Imports And Exports

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.


Russian-Americans Wary Of Trump's Relationship With Putin

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.


Ex-AIG CEO Maurice 'Hank' Greenberg Begins To Testify In Fraud Trial

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.


After 11 Years, Accounting Fraud Case Against Former-AIG Chief To Begin

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.


Despite Low Interest Rates, Governments Hesitate To Fix Infrastructure

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.


Bill Calls for Lead Tests for School Drinking Water

Monday, June 20, 2016

Previous efforts by state and federal officials have failed.
Read More


School Districts Resist Lead Testing Requirement

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. 


Red Light Camera Use Declines After Public Outrage

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.


Schools Scramble to Test Their Water after Newark Finds Lead

Friday, May 20, 2016

Few public school districts bothered to test their water for lead. Now they're making up for lost time. 


Six Long Island School Districts Report Elevated Lead Levels in Drinking Water

Saturday, May 14, 2016

Lead in school drinking water is more common than previously believed.

Comments [1]

2016 Should Be A Good Year For New Graduates To Launch A Career

Friday, May 06, 2016

Job prospects for college and high school graduates are looking better this year than they have in a very long time. Except for the energy sector, many industries are searching for young talent now.