Charles Lane

Charles Lane appears in the following:

House GOP Tax Plan Is Little Help To High-Tax States Like New Jersey

Thursday, November 09, 2017

Being able to deduct local income and property taxes, evens things out — but the House Republican plan in the works eliminates most of those reductions, meaning no tax savings.

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After Sandy, Companies Profit from Flood Insurance Do-over

Wednesday, November 08, 2017

WSHU
Nearly half of the money FEMA spent to rectify mistakes made by private flood insurance companies went not to homeowners, but to contractors.

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FEMA’s Broken Promise to Sandy Victims

Tuesday, November 07, 2017

WSHU
The federal agency promised to make things right after thousands were shortchanged by flood insurance companies. But that didn’t happen.

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More Than 80,000 Flood Insurance Claims Filed In Wake Of Harvey

Monday, September 11, 2017

The National Flood Insurance Program has received more than 80,000 claims so far from Hurricane Harvey. Each of these properties will need an inspection. Some inspectors have little training and work in a system that rewards them for doing the inspections as quickly as possible.

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Insurers Gear Up For Deluge Of Claims, Hope To Avoid Sandy Repeat

Thursday, August 31, 2017

To work all the expected flood claims, insurance companies will rely on hundreds of small processing companies. Some worry that inexperienced claims adjusters will do more harm than good.

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Martin Shkreli Found Guilty On Several Counts Of Securities Fraud

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.

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As Online Sales Climb, Cities Confront Loss Of Sales Tax Revenue

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.

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Supreme Court To Consider New Jersey's Bid To Legalize Sports Betting

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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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