Charles Lane
Charles is senior reporter focusing on special projects. He has won numerous awards including an IRE award, three SPJ Public Service Awards, a National Murrow, and he was a finalist for the Livingston Award for Young Journalists.
In 2020 he reported the podcast Everytown which uncovered the plot to evict a group of immigrants from the Hamptons. He also started WSHU’s C19 podcast. Previous projects include investigations into FEMA and continuing coverage of financial regulation.
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The Senate-passed bill sharply reduces the number of banks that have to go through annual "stress tests" to determine whether they could survive an economic downturn or financial crisis.
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Men between the ages of 18 and 34 have been a key demographic for marketers for years. That's starting to change, say some marketing experts, who say the economic fortunes of these men have declined.
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Spotify's IPO, slated for this spring, gives investment banks a smaller role in the company's trading. It's been seen as a sign of Spotify's strength, but there are many unanswered questions.
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To work all the expected flood claims, insurance companies will rely on hundreds of small processing companies. Some worry that inexperienced claims adjusters will do more harm than good.
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Opponents of Venezuelan President Nicolas Maduro are accusing Goldman Sachs of propping up the Maduro government with its recent purchase of Venezuelan bonds. Goldman bought the bonds at a steep discount and stands to make a lot of money if the country stabilizes. But it's not clear the money Venezuela received will ease food and medicine shortages.
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Many years have passed since Fannie Mae and Freddie Mac got into financial trouble and had to be placed in conservatorship. The mortgage giants are stable now, but nine years later there is still the question of how to get these companies out of conservatorship and on their own again.
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House Republicans hold a hearing Wednesday on a plan to rewrite Dodd-Frank, the law put in place after the 2008 financial crisis. The Republican plan is known as the Financial Choice Act.
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It's taking more time to get nominees for financial watchdog jobs in Washington, D.C., through the confirmation process, according to a study by the Bipartisan Policy Center.
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New York's case against Maurice "Hank" Greenberg is to get underway Tuesday. The former CEO of insurance giant AIG stretches back to 2005 when he was charged with committing accounting fraud.
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Following Britain's vote last month to leave the European Union, investors have been moving cash into "safe havens," such as U.S. Treasury bonds. That surging demand for reliable investments has sent interest rates down to record lows. But local governments may not be able to take advantage of cheap money for infrastructure repairs.