Jim Zarroli http://wyso.org en Sending Money On An Overseas Round Trip To Avoid Taxes http://wyso.org/post/sending-money-overseas-round-trip-avoid-taxes Some investors avoid paying taxes in a move called round-tripping — sending money offshore, then investing it in U.S. stocks or bonds. A study estimates it costs the U.S. billions in lost revenues.<p>Recently, MIT professor Michelle Hanlon and two colleagues set out to find out all they could about round-tripping.<p>"I think it's a big problem in the U.S. tax system that individuals can evade taxes and that they try to do so offshore," Hanlon says. Tue, 15 Apr 2014 21:16:00 +0000 Jim Zarroli 48568 at http://wyso.org Sending Money On An Overseas Round Trip To Avoid Taxes With Proposed Mega-Merger On The Hill, Spotlight's On Consumers http://wyso.org/post/proposed-mega-merger-hill-spotlights-consumers Comcast and Time Warner executives ran into stiff opposition as they pitched their proposed merger to the Senate Judiciary Committee. The deal would give the combined company a large share of both pay TV and broadband internet service markets. In both cases, lawmakers wanted to know how consumers would be affected. Wed, 09 Apr 2014 20:08:00 +0000 Jim Zarroli 48279 at http://wyso.org New Rules Force Big Banks To Keep A Bigger Cushion http://wyso.org/post/new-rules-force-big-banks-keep-bigger-cushion Transcript <p>MELISSA BLOCK, HOST: <p>From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.<p>AUDIE CORNISH, HOST: <p>And I'm Audie Cornish.<p>Five and a half years after the financial crisis that devastated the global economy, U.S. officials are taking steps to strengthen the nation's banking system. Today, the Federal Reserve and the Federal Deposit Insurance Corporation approved tough new rules that require banks to hold a lot more capital on their books. Tue, 08 Apr 2014 20:01:00 +0000 Jim Zarroli 48207 at http://wyso.org Traders Defend High-Speed Systems Against Charges Of Rigging http://wyso.org/post/traders-defend-high-speed-systems-against-charges-rigging The FBI and the Securities and Exchange Commission revealed this week that they're both investigating the world of high-frequency stock trading. They did so at a time when a new book on the subject, <em>Flash Boys</em> by Michael Lewis, is causing an uproar on Wall Street.<p>To read Lewis' book is to be reminded of how drastically the stock market has changed in a decade — and how opaque it remains. Lewis says this opacity serves to cover up some disturbing developments.<p>"The stock market is rigged. Wed, 02 Apr 2014 22:31:00 +0000 Jim Zarroli 47968 at http://wyso.org Traders Defend High-Speed Systems Against Charges Of Rigging American-Made, Haven-Kept? Congress Looks At Caterpillar's Tax Returns http://wyso.org/post/american-made-haven-kept-congress-looks-caterpillars-tax-returns Caterpillar executives are on Capitol Hill answering questions about the company's tax returns. Caterpillar is accused of shifting money abroad to avoid billions in taxes. Company officials say Caterpillar has followed the law. <div class="fullattribution">Copyright 2014 NPR. Tue, 01 Apr 2014 20:01:00 +0000 Jim Zarroli 47903 at http://wyso.org