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U.S. consumer mood improves, but price worries emerge

U.S. consumer confidence rose to a nine-month high in June, a survey showed on Friday, but inflation gauges showed worrisome signs of price increases that could slow any recovery from the longest recession since the Great Depression.

Riverstone pays $30 million in pension probe

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Private equity firm Riverstone Holdings LLC agreed to pay $30 million to resolve its role in a corruption probe of New York state's pension fund, Attorney General Andrew Cuomo said on Thursday.
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U.S. bankruptcies highest since 2005

U.S. bankruptcy filings rose in the first quarter to the highest since 2005, government data show, as rising unemployment, falling housing prices and tight credit made it harder for people to hold off their creditors.
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NY sees clean energy creating up to 50,000 jobs

New York could create as many as 50,000 jobs by converting 45 percent of its electricity needs to renewable energy sources by 2015, Governor David Paterson said on Monday as he unveiled plans to reduce the state's reliance on Wall Street.
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Wall Street drops as McDonald's weighs

U.S. stocks slid on Monday after McDonald's Corp posted lighter-than-expected May sales and investors worried that rising interest rates may hamper a recovery.
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NY offers podcasts of famed film and TV spots

Visitors to the Big Apple will be able to scope out some of the city's famous sites that have been featured in films and television shows with free podcasts unveiled by the city on Monday.
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NY AG wins court OK staying SEC pension case

A federal judge on Friday approved New York Attorney General Andrew Cuomo's request to delay the U.S. Securities and Exchange Commission's pension kickback case, rejecting defense attorneys' arguments that this could give the federal regulator an unfair advantage.
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NY insurance chief Dinallo to resign

New York state Insurance Superintendent Eric Dinallo will resign effective July 3, Governor David Paterson said on Thursday, amid speculation the former prosecutor may run for state attorney general.
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Reports hint U.S. recovery will be a rutted road

Data on Thursday underscored that the U.S. economic recovery, when it arrives, will be a long slog, with a key factory index showing only marginally less weakness and unemployment tipped to hit double-digit levels.
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Suspects in NY jihad plot due in court

New York's mayor and police chief sought to calm Jewish worshipers on Thursday, the morning after authorities said they foiled a plot to blow up two synagogues and simultaneously shoot down military planes.
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Merkin shuts down funds after Cuomo's demands: report

Financier and money manager J. Ezra Merkin will stop managing his hedge funds and place them into receivership at the demand of New York Attorney General Andrew Cuomo, a person familiar with the matter told the Wall Street Journal.
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Receivers to control Madoff-tied Merkin funds: NYAG

Receivers would take control of three hedge funds run by prominent money manager Ezra Merkin and linked to the Madoff fraud, under an agreement between New York's top legal officer and Merkin, lawyers said on Tuesday.
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Emergency drill staged at WTC site in New York

Hundreds of firefighters, police and medical personnel descended on lower Manhattan on Sunday near the site of the September 11 attacks for an emergency response drill simulating an explosion on a commuter train in a tunnel between New York and New Jersey.
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Hunt for Madoff money to drag on for years

Five months after Bernard Madoff's massive fraud was revealed, little of his victims' money has been found and it appears increasingly likely that the worldwide hunt for their missing billions will drag on for years.

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