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Former Bear Stearns investment bankers charged with fraud

Two former Bear Stearns hedge fund managers were hauled into jail yesterday and hit with the first criminal charges to arise on Wall Street from the subprime mortgage debacle, signaling

June 20th, 2008

Auto dealers remodel, use aromas to boost service

WARREN, Mich. - A box that sends puffs of new car-scented air into his Chevrolet dealership's service lane is just one of the tricks Tim Colussy is using these days

June 20th, 2008

AP-Ipsos poll: Most say U.S. on wrong track

The number of Americans who believe the country is moving in the wrong direction has risen sharply, to nearly eight in ten, amid soaring food and gas prices, falling home

June 20th, 2008

Oil meeting could devolve into finger pointing

A gathering of oil producers and consumers this weekend may be more about Saudi Arabia's worry that it is being blamed for the meteoric rise in oil prices and less

June 20th, 2008

Administration: Fed needs more protective powers

WASHINGTON - The Bush administration said yesterday that the Federal Reserve should be given sweeping new powers to protect the integrity of the financial system, contending that this year's market

June 20th, 2008

Hundreds swept up in mortgage fraud arrests

WASHINGTON - More than 400 real estate industry players have been indicted since March - including dozens over the past two days - in a Justice Department crackdown on incidents

June 20th, 2008

Business in the Burbs: Retirees, vets target of IRS rebate push

About 30,000 disable veterans and retirees in the Lower Hudson Valley have yet to claim rebates under President Bush's $146 billion economic-stimulus plan, and the IRS wants to get checks

June 20th, 2008

Jobless rates jump in Lower Hudson Valley

Joblessness in the Lower Hudson Valley reached levels last month that the region hasn't seen for the month of May since the mid-1990s, data from the state Labor Department show.

June 20th, 2008

Economy limping along, leading indicators show

The economy, hobbled by higher fuel and food prices, tighter credit and a depressed housing market, is limping along at a snail's pace, a private business group said yesterday.

June 20th, 2008

Governor, lawmakers agree to help homeowners at risk of foreclosure

ALBANY - New Yorkers who risk losing their homes will receive more protections against foreclosure, and brokers who make subprime loans to people who can't afford them could face criminal

June 20th, 2008

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