Economy

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Foreclosed Homeowners Getting Back In The Market

Most lenders require borrowers to wait seven years before securing a new mortgage after losing a home to foreclosure. But in the wake of the housing crisis, millions of families have a recent foreclosure on their record — and some are finding ways to buy a new home in as few as three years.
NPR

Obama To Hold White House News Conference

At the White House, President Obama will hold his first East Room news conference since March on Wednesday. He's expected to talk about the nation's fiscal condition, as well as the scandal that has cost him his CIA director.
NPR

Down Economy Injures Local Hospitals

The health care industry is one of the most reliable sources of new jobs in the country. And in cities that suffer from high unemployment, the local hospital is often the biggest employer still standing. But the downturn in the economy has left some hospitals in perilous financial shape. In Waterbury, Ct,, the biggest hospitals are going through a painful process of outsourcing and layoffs.
NPR

How The Alternative Minimum Tax Could Slam You

The alternative minimum tax is looming over about 27 million more taxpayers this year. It's just one part of the so-called fiscal cliff — a big cluster of automatic spending cuts and tax hikes that will occur if Congress does not act. Those taxpayers could end up paying an average of $3,700 more without a fix.
NPR

Alternative Minimum Tax And Your Bottom Line

If the government goes over the "fiscal cliff," millions of households could see tax increases because of an obscure part of the tax code, known as the Alternative Minimum Tax. Host Michel Martin talks with NPR Business Editor Marilyn Geewax about exactly what could happen and who would be affected.
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Food Fraud

How food fraud happens, what foods are most susceptible and new methods that suppliers are developing to reduce misleading and fraudulent labeling.

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The Navy Prepares For The Sequester

The U.S. Navy has been readying for the budget cuts that sequestration will bring if it goes into effect later this week. We go beyond the headlines to find out why the cuts will hit this branch of the military so hard, so fast.

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