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Limiting Home Mortgage Deduction Would Raise Revenue

Morning Edition's series, "Twelve Days of Tax Deductions," zeroes in on some of the tax breaks that lawmakers are grappling with as they try to avoid the "fiscal cliff." The home mortgage interest tax deduction is one of the biggest breaks in the tax code.

Long Island Power Authority Faces Commission

Following Superstorm Sandy hundreds of thousands of people on Long Island went weeks without power. Elected officials blamed the Long Island Power Authority — calling it in need of federal take over. Thursday night, executives for the utility finally answered questions from investigators who are preparing a report on how to overhaul the utility business in New York.

Bernie Madoff's Brother Is Headed To Prison

A federal judge sentenced Peter Madoff to the maximum sentence, 10 years, after he pleaded guilty to charges including conspiracy.

Moscovites Window-Shop At GUM For Holiday Ideas

The up-scale mall on Red Square is called GUM. It's in the former state-run department store, a Soviet-era monument that was once famous for long lines and unsmiling service. It's been turned into a glittering showplace for high-end foreign brands that most Russians can only look at.

When The Doctor Works For The Insurance Company

Big insurance companies are opening their own doctors' offices and clinics — a strategy that has previously met with mixed results.

Drought, Economics And Your Holiday Feast

The Great Drought of 2012 dominated headlines this summer, but so far, it has not had a major impact on the prices of food on your holiday table, except the dairy products. That prime rib is more expensive for other reasons.

Not Your Grandma's B&B: Traditional Inns Transform For Young Travelers

The image of the rural bed and breakfast with claustrophobic rooms, spartan amenities and prying innkeepers has long been a source of laughs for comedians and sitcoms. But B&Bs are fighting back. Now, many country inns are trying to dispel old stereotypes to appeal to new travelers.