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Dan Bobkoff

  • The online betting market Intrade has shut down. Intrade allowed customers to wager on the outcome of events such as presidential elections. The company says all betting is on hold until it can investigate possible financial irregularities.
  • The Federal Reserve has released the results of another round of "stress tests" on the nation's biggest banks. Most did well, with 17 out of 18 passing. But some banks were better prepared than others to withstand a sharp downturn.
  • Martha Stewart took the stand Tuesday in a lawsuit that involves her company Martha Stewart Living Omnimedia, Macy's and J.C. Penney Co. Macy's is suing J.C. Penney and Stewart's company for breach of contract.
  • Class-action lawsuits accuse Anheuser-Busch of watering down Budweiser and other beers and then misleading consumers about their alcohol content. The company denies the claims; in tests commissioned by NPR, samples of Budweiser were found to be in line with their advertised alcohol content.
  • Most Americans are earning more money than their parents, according to a new study from Pew's Economic Mobility Project. But that doesn't tell the whole picture: It often takes two incomes to surpass the one salary that was enough for the younger generation's parents.
  • Several big retailers say the return of the full payroll tax is causing consumers to curtail spending, but so far the evidence is mostly anecdotal. Some analysts argue a variety of factors, and not any specific policy, contributed to slower growth in consumer spending in January.
  • Going public is typically considered an achievement. But reverting to private ownership — as computer giant Dell plans to do — can have benefits, too, like enabling managers to focus on long-term strategies or conduct shake-ups in private. Still, withdrawing from the stock market also carries some risks.
  • If you usually wait until April to file your taxes, you might want to hurry up — before identity thieves beat you to it. Using stolen names and Social Security numbers, these criminals file fake tax returns. This generates big, and fraudulent, refunds, before the real taxpayer gets around to filing.
  • Conventional wisdom says fewer airlines mean higher fares and fewer flights. But experts say the American Airlines-U.S. Airways proposed merger is a mixed bag. Past mergers haven't led to significantly higher fares, but will this time be different?
  • Authorities say they've broken up one of the biggest credit card fraud rings in U.S. history. The group stole more than $200 million by creating fake identities and opening thousands of card accounts.