Latest from New York City

No charges against Madoff's UK operation

No one from the UK arm of Bernard Madoff's fraudulent investment business will face prosecution, the Serious Fraud Office has decided.

Australian interest rates left unchanged

Aussie rate decision drags dollar down

Terrorist hero can't spot a con

Corinne Bailey Rae heals with music

Soul singer Corinne Bailey Rae is making a comeback after husband's tragic death.

Techs rattle Wall Street

Clumsy art student falls, rips Picasso

An art student invited the to Metropolitan Museum of Art in New York ripped a Picasso masterpiece after losing her balance and falling into the work of art.

$5 billion Manhattan property deal collapses

It was the most expensive residential property deal ever. It was among the most controversial. And now it is the most disastrous.

The power of optimism

Dollar trades in range below recent highs

Cuomo gets tough on big bonuses

Shares ease as new year rally falters

Psychic sues over claims he betrayed Jackson

Uri Geller is to sue CNN after it broadcast an allegation he had betrayed his friend Michael Jackson for £100,000 ($216,000).

A devil of a time playing himself

Paul Giamatti plays Paul Giamatti in his latest film, a role which required some real soul-searching.

KFC pulls controversial cricket ad

Kentucky Fried Chicken has apologised for a cricket-themed ad that many see as racist.

Smart moves

She's gone from <i>Twilight</i> teen to holding her own beside George Clooney in acclaimed new movie <i>Up in the Air</i>.

A show of enthusiasm

Crusty Larry David has found his movie niche as Woody Allen returns to his New York roots.

Obesity 'a bigger threat than smoking'