Features By Bill Radke
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VIDEO: Drilling ban, Viacom feels slammed, and enough iPhones, man!
This week: Bill Radke tackles financial reform, the G-20, Viacom versus YouTube, Fannie Mae's attack on mortgage defaults and the over-glorified iPhone 4.
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Fannie Mae takes action against strategic defaults
Fannie Mae wants to prevent homeowners from walking away from their mortgages when they could afford to make the payments.
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Fed leaving benchmark funds rate near zero
The Federal Reserve will not be changing its benchmark interest rate, which is used for short-term, inter-bank loans. The Fed intends to keep the rate near zero for an "extended period."
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The problem with rewards programs
Shoppers and businesses both love rewards programs. Los Angeles Times business columnist David Lazarus explains why he views them as consumer waste.
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Home sales down a record 33%
Mortgage applications were down last week, we learned sales of existing homes fell last month and home sales dropped a record 33%.
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UPDATE: Court overturns deepwater drilling moratorium
A court decided to roll back President Obama's six-month moratorium on deepwater oil exploration in the Gulf of Mexico.
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China signals a rise in yuan value against dollar
China is indicating it will loosen its strict policy on the yuan and allow the currency to rise against the U.S. dollar. Marketplace's Mitchell Hartman explains how this could affect U.S. and European countries.
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Study: Big soda price hike means big sales drop
A new study shows a clear link between the price of soda and how much we drink. Will this help states' quest to pass a soda tax? Gregory Warner explains.
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Banks pull the plug on free checking
After more than a decade of luring us in with free checking accounts, Bank of America and other banks are planning to pull back from the service.
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E3 2010: Microsoft, Sony get in on motion-control gaming
Bitmob editor and cofounder Dan "Shoe" Hsu tells us why motion-controlled video game consoles are big at E3 2010 and why 3-D games aren't there yet.












