Preferential Rent Treatment Is Hurting New York City's Poorest Neighborhoods
The units are supposed to be protected from steep rent hikes. But thanks to a loophole, owners can seek big rent increases anyway.
Paul Ryan Is Wrong About the Effects of Estate Tax on Wisconsin
As they push to abolish the estate tax, the House speaker and President Trump may be exaggerating its harm to small businesses and family farms.
Trump's New Bank Regulator Has Previously Helped Banks Exploit Consumers
As head of the Office of the Comptroller of the Currency, Keith Noreika now has the power to override state laws protecting consumers.
Borrowing From the Future to Pay for Today's Expenses
Facing a giant budget deficit, Louisiana Governor Bobby Jindal plans to borrow $750 million against future income from a landmark legal settlement with cigarette makers.
How Bankers Manipulate Rating Agencies to Get Their Way
Wall Street pressed S&P, Moody’s, and Fitch to assign more favorable credit ratings to their tobacco bonds deals and bragged that the raters complied. Now many of the bonds are headed for default.
How Tobacco Deals Left States With Billions in Debt
Politicians wanted upfront cash from a legal victory over Big Tobacco, and bankers happily obliged. The price? A handful of states promised to repay $64 billion on just $3 billion advanced.