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NYC Taxi Medallions Fetch 'Unbelievable' Returns

A taxi medallion gives the bearer the right to pick up rides for hire — and it turns out it's also a great investment vehicle. Two New York City medallions recently sold for a record $1 million each, around a 1,000 percent increase since 1980. How did they get so valuable?

As Occupy Camps Close, What's Next For Movement?

One option is that it will move more fully onto college campuses. Another, potentially more intriguing possibility: The protest will move freely between "real" and "virtual" worlds, appearing en masse both online and in physical locations.
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SBA Steps Up To Provide Disaster Aid To Va.

While FEMA denied Virginia's request for federal disaster assistance following Tropical Storm Lee, the Small Business Association is stepping up to provide relief to area businesses and residents.


Businesses Reeling In Wake Of NBA Lockout

After weeks of game postponements, the NBA league made a final offer to players — and the players rejected it. Canceling games affects players and fans, but it can also be devastating for the many businesses that revolve around the industry.

What, If Anything, Will Speed Economic Recovery?

Despite a constant flow of economic setbacks at home and abroad, the U.S. economy has been growing. But it hasn't been growing swiftly or adding many jobs. Steve Inskeep talks with David Wessel of The Wall Street Journal, and Zanny Minton Beddoes of The Economist, about how the U.S. will generate economic growth in the future.

Occupy Protesters In Oakland Ponder Next Move

The Occupy Wall Street movement began in New York and soon protesters were pitching their tents across the country. Since then, protesters have been evicted from their campsites in Oakland, Calif., and in a number of other cities across the country. Protesters in Oakland will no longer be able to spend the night at the site.

Wharton Professor Cautions FHA May Need A Bailout

The Federal Housing Administration issues its annual report to Congress Tueday. A professor at the University of Pennsylvania's Wharton School is warning the FHA's problems are worse than the agency is letting on. Joseph Gyourko predicts that taxpayers will have to provide another bailout if the economy doesn't improve soon.

Austrian School Economist Hayek Finds New Fans

Austrian economist Friedrich Hayek's arguments for free-market capitalism and against socialism and central planning made him a popular figure in 1940s America — and again today. His book got a boost last year when Glenn Beck discussed it on air. But some say Hayek and his book are misunderstood.

In Frankfurt, Former Trader Prepared For The Wurst

A Frankfurt stock trader who lost his job in the 2008 recession is working again in the city's financial district — running a successful business selling sausages to his former colleagues. Thomas Brausse says getting the pink slip enabled him to try out an idea he'd been thinking about for years.