Superstorm Sandy to dampen US payrollsSuperstorm Sandy likely put a dent in US employment growth in November, temporarily interrupting a recently established trend of modestly rising payrolls. Nonfarm employment is forecast to have increased by a paltry 93,000 jobs la More… |
Scope of Sandy damage widens, death toll spiralsFrom New York City's Staten Island to the popular beach towns of the Jersey Shore, rescuers and officials on Friday faced growing evidence of widespread destruction wrought by superstorm Sandy, mounting anger over delayed relief and a rising More… |
US Northeast back to business after Sandy hitMillions of people across the US Northeast stricken by massive storm Sandy will attempt to resume normal lives on Wednesday as markets and airports reopen, despite projections of power and mass transit outages lasting several more days. More… |
Brent near $109; recovery eyed post SandyBrent crude held steady near $109 a barrel on Wednesday after the huge storm Sandy whiplashed the US East Coast, reducing fuel demand even as refineries in the region gradually resumed operation. Fuel supply in the storm-hit regio More… |
World shares firm as US storm damage seen limitedWorld shares rose modestly while the dollar fell on Tuesday as the initial impact of a massive storm in the US looked to have been less severe than feared. The greenback also traded at a one-week low against the yen after the Bank More… |
US nuke plant declares ‘alert’ on Sandy surgeExelon Corp declared an "alert" at its New Jersey Oyster Creek nuclear power plant due to a record storm surge, the Nuclear Regulatory Commission said on Monday. It warned that a further rise in water levels could force operat More… |
Sandy strengthens as it nears US east coastHurricane Sandy, the monster storm bearing down on the East Coast, strengthened on Monday after hundreds of thousands moved to higher ground, public transport shut down and the stock market suffered its first weather-related closure in 27 years. More… |
Brent below $109 as hurricane shuts refineriesBrent crude oil fell below $109 a barrel on Monday as refineries along the US East Coast wound down operations ahead of the approach of Hurricane Sandy, reducing crude use in the world's largest oil consumer. The second-larges More… |
'Frankenstorm' closes inHurricane Sandy is seen moving up towards the east coast of the US in this Nasa handout satellite image taken on October 27. Reuters/NOAA/NASA/GOES/Handout Tropical cyclone Sandy revved back up to hurricane strength on Saturday as it ch More… |
Tropical cyclone Sandy regains hurricane strengthTropical cyclone Sandy regained hurricane strength on Saturday after flagging wind speeds earlier in the day triggered its downgrade to a tropical storm, the U.S. National Hurricane Center said. At 8 a.m. EDT (1200 GMT), the Miami More… |