Anyone who follows the adventures of the alternative minimum tax has to be getting sick of the many sequels. Again and again, this unpopular income tax threatens to hit middle-class families with large and unexpected tax increases.
And each time the threat reappears, Congress applies a "patch" to fix the problem temporarily. That makes the threat an annual event — along with the associated congressional hand-wringing and taxpayer confusion.
If the government goes over the "fiscal cliff," millions of households could see tax increases because of an obscure part of the tax code, known as the alternative minimum tax. Host Michel Martin talks with NPR Business Editor Marilyn Geewax about exactly what could happen and who would be affected.
There are nearly 400 art galleries in New York's Chelsea neighborhood. Many of these galleries were flooded by the storm surge that accompanied Hurricane Sandy. One insurance company estimates it has $40 million in claims.
Toothbutter: noun. Butter spread so thickly as to reveal teeth marks upon biting.
The fact that this word exists in the Danish language should help to explain what politicians were up against when they introduced the "fat tax" just over a year ago. This is a country that loves it some butter (and meat, and all things dreadful to the arteries).
Hurricane Sandy left a long trail of destruction across the New Jersey shoreline. And it did a lot more than just flood houses.
In towns like Seaside Heights and Belmar, Sandy wiped out the boardwalks that line the beach. In places like these, boardwalks served as the commercial center knitting the towns together, and residents are wondering where to go from here.
Until two weeks ago, the boardwalk was the place to hang out in Belmar, N.J. Ann Summer was walking along the water with her husband this weekend.
Titan, the new supercomputer at the Oak Ridge National Laboratory in Tennessee, has been crowned the fastest in the world. It can clock 17.59 petaflops (quadrillions of calculations per second). Audie Cornish talks to Steve Henn for more.
Many farmers want their farms to be located close to a city - especially organic farmers who'd like to sell their produce at big urban farmers markets. But the price of land within range of a big city is sky high and only getting higher.
Most small farmers buy their land, but some are now looking to lease in suburban or exurban areas. And to do that, they're using something straight out of Fiddler On The Roof: A matchmaker.