A previous version of this story didn’t mention that up to $5 million of the deceased’s estate is exempt from federal estate tax, and that when taxes are owed they are paid out of the estate.
In an earlier version of the story, we incorrectly quoted Bullard as saying that further monetary injections into the U.S. economy are a big mistake that could cause inflation and slow economic activity. Those were, in fact, comments made by another guest during the on-air interview.
An earlier version of this story had a headline that said new home sales fell 1.5%, not 1.6% in February.
An earlier version of this story said the company's new line of Air Jordans, "can collect data from an athlete's movements, which are transferable to mobile devices." In fact, the name of the product with this capability is the "Nike Hyperdunk+," which is not part of the Air Jordan line.
An alert misstated the housing starts number for February. Housing starts fell 1.1 percent, while housing permits rose 5.1 percent.