NY City surplus seen nearing record $3.8 billion: study
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New York City's budget surplus could approach last year's record of $3.8 billion thanks to Wall Street profits and a still-robust commercial real estate market, according to a recent report from the state comptroller.
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The Yankees owe the city almost &#36;3.6 million because the team underreported its revenue and overstated its allowable deductions, according to an audit released Wednesday by New York City Comptroller William Thompson.
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LAKE PLACID, NY The minimum wage may be on its way up in New York, but one new study says the amount wouldn&#39;t be enough to pay rent in the state.
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The U.S. budget deficit will reach  $368 billion this year before any war costs are added in, the  Congressional Budget Office said on Tuesday, according to a  source familiar with the worse-than-expected numbers.
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The city of 8.2 million people must start planning and building now for the expected growth of 1 million more over the next 25 years, Mayor Michael Bloomberg and a panel of experts warned.
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Crude oil futures rose to a record in New York for a third day on speculation US demand for heating oil will deplete inventories this winter.
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U.S. leading in online video retail sales, which will exceed $3.8 billion by 2011.
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VANCOUVER (CP) - The timing of a near &#36;100-million budget surplus just months before an election is "interesting," admits B.C. Finance Minister Gary Collins, but he denies suggestions that he cut too much from social service programs.
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The money needed to treat ailing ground zero workers could soar to $20 million a month by the end of this year, up from about $6 million a month now.
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The federal government, running record budget deficits over the past two years, is projecting that it will have to borrow a record $147 billion in the first three months of 2005, the Treasury Department announced Monday.
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The current account deficit of the United States hit a record high of 164.7 billion US dollars in the third quarter of this year as a result of increasing demand for imported
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The U.S. current account deficit widened slightly to a record &#36;164.71 billion in the third quarter as the goods trade shortfall grew and the services surplus shrank, the government said on Thursday.
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New York City, which faces near-perpetual fiscal problems, could end up paying $4 billion for the project.
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ChinaÂs trade surplus with the world ballooned last month to $18.8 billion as exports soared, according to preliminary customs figures.
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China has seen its trade surplus hit $22.4bn in May from a year earlier, according to official data.
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The broadest measure of the country&#39;s trade and investment flows registered a record deficit of $164.7 billion in the third quarter, the Commerce Department said Thursday.
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Wall Street bonuses are expected to rise 17 percent to a record $23.9 billion in 2006 New York State Comptroller Alan Hevesi said on Tuesday.