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Fed holds steady. What the heck?

May 9, 2007
It's now seven meetings in a row the Federal Reserve has declined to move interest rates one way or the other. Kai Ryssdal got Greg McBride from Bankrate.com on the phone to get his take on what the Fed might be thinking.
Posted In: Economy, Wall Street

Toll Bros. not in a luxury position

May 9, 2007
Given the state of the housing market, it wasn't entirely surprising when luxury homebuilder Toll Bros. warned it won't meet its earnings target for the year. Amy Scott reports even the wealthy are feeling some pain.
Posted In: Economy, Housing, Wall Street

Toyota's got good news and bad news

May 9, 2007
Toyota reported another year of record profits. But those profits weren't quite as much as everybody had expected. And the company says things are going to be even slower next year. Alisa Roth reports.
Posted In: Auto

Close the private equity tax loophole now

May 9, 2007
The Senate Finance Committee considers this week whether money made by private equity partners should be taxed as income instead of capital gains. Commentator Robert Reich says you better believe it.
Posted In: Taxes

Looking for a rate cut

May 9, 2007
All eyes are on the Fed today. Most expect short-term interest rates to hold steady, but analysts are divided over what's ahead. Some are talking about the possibility of a rate cut as early as next month, Amy Scott reports.
Posted In: Wall Street

Subprime neighborhoods

May 8, 2007
People in poor, minority neighborhoods were prime targets for subprime lenders, so when that market crumbled those areas were hardest hit. A nonprofit group has plotted maps showing the disparity in New York City. Ilya Marritz walks us through it.
Posted In: Housing, New York

Gaming the college ranking guide

May 8, 2007
Every August, US News and World Report publishes its influential guide to American colleges. But the popular franchise has its detractors, who say some universities distort key information. Steve Henn reports.

Why not break the money taboo?

May 7, 2007
Commentator Shira Boss says we're more likely to know about our friends taking antidepressants than about how they handle their money — and that should change.
Posted In: Economy

Murdoch would be bad news

May 7, 2007
Newsweek's Allan Sloan says no matter what media mogul Rupert Murdoch promises, he will inject his political views into the news coverage if he's allowed to buy The Wall Street Journal — and he's got a powerful incentive to up his bid until it happens.
Posted In: Wall Street

You gotta pay to play, kids

May 7, 2007
Critics of a deal that gives 20 NYC private schools dibs on the best practice times at Randall's Island ball fields say it's shutting out low-income kids who would most benefit from the space. Alisa Roth has the story.
Posted In: New York, Sports

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