Charles Lane

Senior reporter for Long Island

Charles is a radio reporter, story teller, Excel ninja, database grasshopper and loves to FOIL records. He's worked for NPR, Deutche Welle, Radio Netherlands, Soundprint, Penthouse, the Religion News Service and the Catholic World Report. He's won three SPJ Public Service Awards, a National Murrow and was a finalist for the Livingston Award for Young Journalists. He once did 8Gs in a stunt plane, caught a 10-foot wave (briefly) and dove 40 meters on a single breath. Charles is extraordinarily friendly so don't hesitate to contact.

Courtesy of Pixabay

Bank profits continue to rise. A report out by the FDIC says bank earnings for the first quarter of this year rose 13 percent. That's on top of what was already a record setting year in 2016. Higher interest rates account for most of the gains.

Chuck Burton / AP

It's been nearly nine years since Fannie Mae and Freddie Mac got into financial trouble and had to be placed in conservatorship. The mortgage giants needed a cash infusion of $188 billion, and they got it from the U.S. Treasury.

Shizuo Kambayashi / AP

Global markets continued the sell-off that started on Wall Street on Wednesday. Europe, the UK, and Asia are all down one percent or more. In the U.S., Dow futures are also down.

Pablo Martinez Monsivais / AP

The Securities and Exchange Commission has continued its aggressive enforcement approach toward Wall Street traders. That’s according to an analysis of data that includes the first three months of the Trump administration.

Richard Drew / AP

One of the many reforms Republicans are pushing to ease regulations on business is a rule that would limit who can make proposals during a company’s annual meeting. CEOs say the change will focus more attention on increasing the long-term value of publicly traded companies, but some worry it could end what’s often called “socially responsible investing.”

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