Marketplace Morning Report for Monday, December 9, 2013
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Over the last four days, China's commercial capital Shanghai has been smothered by its worst air pollution on record. Buildings were invisible from the waist up, flights were canceled, and city vehicles have been ordered off the roads as people stay indoors, hunkered down around their particle filters. And, today Marketplace's Wealth and Poverty Desk launches a series called A Lot to Give. It's about high-wealth philanthropy, which is sometimes defined as people who give a million dollars or more. It turns out there are some 80,000 private charitable foundations operating in the U.S. today. And you don't have to be crazy rich to launch one.
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Posted In: Charitable giving, charitable deduction, philanthropy
There are some 80,000 private charitable foundations operating in the U.S. today, and you don't have to be crazy rich to launch a one.
Posted In: surveillance, NSA leaks
Eight large tech companies sent a letter to the Obama administration requesting the government put new limits on its surveillance practices.
Some governors asked the EPA to rein in polluting states, and EPA is asking the Supreme Court for permission. Think of the U.S. Congress as a procrastinating undergrad, prone to sleeping in. Lawmakers don’t hesitate to hit the “snooze button.” And, the black bear population has grown so large in the state that it ended a hunting ban a few years ago.
Posted In: NASA, space exploration, mars, moon
Before NASA goes to Mars, it will first return to the Moon and capture an asteroid.
Posted In: Swiss, Switzerland, Banks, Tax evasion
Today is the deadline for Switzerland's private banks to decide whether to cooperate with U.S. demands to combat tax evasion by handing over client information -- a move that would finally end the long tradition of banking secrecy.
Posted In: gold, commodities
Gold investors are abandoning ship, as the economy continues to improve slowly.
Posted In: Congress
Think of the U.S. Congress as a procrastinating undergrad, prone to sleeping in. Lawmakers don’t hesitate to hit the “snooze button.”