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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

Hello, Moto? It's Icahn calling. . .

May 7, 2007
Motorola shareholders today will decide whether or not to give billionaire corporate raider Carl Icahn a shot at tinkering with the struggling cell phone giant from the inside. Jill Barshay reports.
Posted In: Wall Street

Reuters joins Dow Jones as takeover target

May 4, 2007
Thomson Corp. makes an offer to buy the London-based news service, in the same week that News Corp approached the Wall Street Journal's owner. Lisa Napoli explains why news is so hot.
Posted In: Wall Street

Unemployment's up as job creation slows

May 4, 2007
The Labor Department says unemployment in April ticked up a tenth to 4.5 percent. At the same time the number of new jobs created last month grew at the slowest rate in more than two years. Jeff Tyler reports.
Posted In: Economy, Jobs

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