Update from Israel; Betting on March Madness; Shamrock Shakes; Wealth Gap for Women; Personal Finance

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Wednesday, March 17, 2010

We get analysis on Hillary Clinton's latest visit to Israel; learn more about the Census; talk with a shamrock shake lover; find out why there's still a wealth gap for women of color; go behind the scenes into the president's struggle to get health care passed; combat money taboos; and go to Detroit, a shrinking city that's closing schools.

Clashes in East Jerusalem as Clinton Says US/Israel Ties Strong

Tensions have been running high since Israel announced plans to build 1,600 new homes in disputed East Jerusalem during a visit to Israel by Vice President Joe Biden last week. Secretary of State Hillary Clinton said Tuesday that ties between the U.S. and Israel remain strong, noting "we don't agree with any of our international partners on everything."

 

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Takeouts: Health Care Update, Census

  • WASHINGTON TAKEOUT: After a year of debates over health care policy, lawmakers are now debating the procedure for passing the bill. Washington correspondent Todd Zwillich, has the latest news on the bill's journey through Congress.
  • CENSUS TAKEOUT: Tim Olson, assistant division chief with the U.S. Census Bureau, explains how the Census Bureau is counting same-sex couples, whether married or not.

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March Madness Begins: Advice for Filling Out Your NCAA Tournament Bracket

With the NCAA Men's Basketball tournament set to start Thursday, many brackets are due by noon today.  If you haven't gotten yours in yet, we've got some last minute tips from freelance sports writer and contributor to SportingNews.com and the Wall Street Journal, Dan Shanoff.

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In Search of the Shamrock Shake

While its connection to St. Patrick is tenuous, at best, fans of the the Shamrock Shake herald its annual return with glee (and green food dye). Can't find any near you? Learn how to make your own!

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New Developments in Decades Old Child Sex Abuse Scandal

Father Peter Hullerman, a German Catholic priest, was suspended Tuesday. He had been allowed to stay in a rectory to receive "therapy," after being accused of abusing an 11-year-old boy in 1980. The decision to finally suspend him came days after he returned from a camping trip with children.

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Minority Women Face Barriers to Building Wealth

A new study in wealth accumulation reveals a direct link between race and level of wealth, with African American women ranking way below white women. The Insight Center for Community Economic Development shows that the average single white woman has about $4,100 in assets while the average African American woman has saved only $100.

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Takeouts: A Confident Fed Maintains Interest Rates, Tiger Is Back

  • FINANCIAL TAKEOUT:  Expressing a deep, if cautious, confidence in our current economic recovery, The Federal Reserve decided to maintain the national interest rate yesterday. Louise Story, Wall Street and finance reporter for our The New York Times tells us whether or not that confidence is justified.
  • SPORTS TAKEOUT: Sports contributor, Ibrahim Abdul-Matin, weighs in on Tiger Woods' announcement that he will play in the Master's next month.

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Tracking Health Care Reform from Tea Parties to the Health Care Lobby

The battle over health care reform has come to define the beginning of Barack Obama's presidency, and some say he has bet his future on passing the bill. This week we may finally see the last chapter in the year long battle as House Democrats are counting their supporters for a potential vote on Saturday. It's been a long journey and as we wait for the big day, we're taking a look back at the turning points that got us here.


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Detroit Schools Shutting Doors

In an ambitious five year rehabilitation program, the Detroit Public Schools' emergency financial officer announced that he will close 45 public schools throughout the city. The closures come at a time when the student population is shrinking drastically and the system's deficit is getting worse.

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Why We Find it So Hard to Talk About Money

This past year we’ve heard a lot of talk about the bailouts that America’s big banks got in the wake of the sub-prime mortgage debacle.  And the question keeps coming up: what about the little guy?  Who will come in and bail me out? 

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Cymbalta, Prozac and More Stolen in Prescription Drug Heist

The town of Enfield, Conn. is reeling after a group of theives stole massive amounts of prescription drugs from an East Coast distribution facility for Eli Lilly. The theives cut a hole in the roof of the warehouse and slid down ropes to get inside and left with $75 million worth of pills, including large amounts of anti-depressants.

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The Takeaway Final Edition: Today's News, Israel, March Madness, Scandal in the Vatican, Detroit Schools, Money

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The Takeaway Hour 4: Health Care Reform, Detroit Schools, Talking About Money

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The Takeaway Hour 3: Clashes in Jerusalem, March Madness, Scandal in the Vatican, Shamrock Shakes

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The Takeaway Hour 2: Minority Women Wealth Gap, Health Care, Detroit Schools, Talking about Money

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The Takeaway Hour 1: Clashes in Jerusalem, March Madness, Scandal in the Vatican, Shamrock Shakes

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The Takeaway Early Edition: Clashes in East Jerusalem

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