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The new program, which aims to address harms suffered by Black residents due to the city's past discriminatory housing policies, is part of a larger reparations fund established in 2019.

Lawmakers and President Obama are expected to return to Washington Thursday to resume efforts at averting the fiscal cliff. Lawmakers failed to reach a deal late last week and went home for the holiday break. Guest host Celeste Headlee talks with Bloomberg Businessweek contributor Roben Farzad for a look at the last-minute options.

As 2013 begins with wealthy Americans in line for bigger tax bills, they're not alone. Tax fairness takes the spotlight worldwide this year, as cash-strapped governments look to impose more of the burden on well-heeled companies, individuals and institutions, and to catch and punish tax cheaters.

First came the day trips for foreigner tourists to the shantytowns. Now, young Westerners are living in formerly no-go areas — with yoga classes and sushi restaurants following. Business is booming in Rio de Janeiro's favelas, but some residents complain they're being priced out of the market.

A young woman in Nigeria says God spoke to her in her dreams, guiding her to become a car mechanic. Despite initial resistance from her family, she fulfilled her vocation and has gone on to train other young women to do what one trainee calls "the best job in the world."

Shug McGaughey is the trainer of Kentucky Derby winner Orb, who runs Saturday in the Preakness Stakes, the second leg of thoroughbred racing's Triple Crown. Despite his long record of success, no one seems as surprised as the 62-year-old McGaughey to be pursuing one of the sport's top honors.

Ken Mehlman, the political director for the George W. Bush White House, compares the right to marry to other fundamental rights conservatives embrace. He rounded up a group of 131 prominent Republicans to sign a legal brief that's at odds with the House GOP leadership and the party's platform.

What if you put all 7 billion humans into one city, a city as dense as New York, with its towers and skyscrapers? How big would that 7 billion-sized city be? As big as New Jersey? Texas? Bigger? Are cities protecting wild spaces on the planet? We try a little experiment to find out.

Elected in 1956, Wisconsin state Sen. Fred Risser is the longest-serving state lawmaker in the country. He may not use Facebook, Twitter or email, but he's gotten a lot done over the years. Considered an "institution within an institution" by some, he was just re-elected for another four years.

Lachlan Morton rode the route of the Tour de France and more, going 3,424 miles in 18 days. He's not in the official Tour but did the endurance ride for charity.