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 3Gs in a stunt plane, ran the Tough Mudder, and dove 40 meters on a single breath.  Charles is extraordinarily friendly so don't hesitate to contact.

U.S. Department of Justice

The court appointed trustee unwinding the Madoff Ponzi scheme announced more checks will be mailed-out to victims later this year. Those who invested less $1.1 million dollars will be getting a full payback.

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AP Photo/Mike Groll, File

Profits on Wall Street rose in the first half of the year, making 2015 so far the most profitable year since the Great Recession.

For the first half of this year, state officials found that, even though the market was flat, Wall Street profits rose 29 percent compared to this time last year. Officials attribute most of the boon to a decrease in legal fees related to recession-related wrongdoing. New York Comptroller Tom DiNapoli said Wall Street also added jobs.

Wikipedia user Frei sein

It is still against the law in New York for stores to add “surcharges” to customers. But it is not a crime to offer a “discount” to cash customers.

The arcane semantic game played out in federal court this week. Consumer advocates say the ruling means poor customers are subsidizing rich customers.

For the black magnetic stripes on the backs of your credit and debit cards, Thursday will mark the beginning of the end — a shift that could be costly for retailers.

Since the beginning of credit cards, merchants were never liable if a thief used a stolen or counterfeit credit card to shop; the bank issuing the card usually made both the customer and the store whole.