Weather Economy - Most Recent
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Sandy knocks down Times and Journal paywalls
Oct 30, 2012
In the teeth of a not-so-perfect storm savaging the East Coast, the freer the flow of digital news, the better. The New York Times and the Wall Street Journal have temporarily taken down their paywalls.
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Let's do the numbers: Superstorm Sandy edition
Wall Street battened down the hatches to wait out Superstorm Sandy, which was downgraded from a hurricane late Monday, marking its first rain check in 27 years. The exchanges won’t reopen until Wednesday at the earliest. *** The bond market did hold a morning session today. And prices rose, sending the yield on the 10-year T-note down to 1.72 percent. *** Here are some Superstorm Sandy numbers: More than 7,000 commercial flights in the U.S. were canceled for today alone. United took top honors with more than 850 canceled flights. That was according to the tracking site FlightAware.com. *** And if you tried calling United for flight information, you had to wait 40 minutes to speak to an agent. (Monica finally picked up for us.) *** About 700,000 people along the eastern seaboard had lost electricity by mid-afternoon. One New Jersey electric utility had recruited 950 extra line workers and 526 tree contractors to help prepare for the storm.
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Superstorm Sandy could pack an economic punch
Oct 29, 2012
As the hurricane-turned-superstorm Sandy heads for densely populated and economically vibrant regions. Its costs could spread to housing, consumer spending and jobs.
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Hurricane Sandy doesn't give everyone the day off work
Oct 29, 2012
While many workers were sent home ahead of the storm, not everyone gets the day off for Hurricane Sandy.
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Sandy hits, power goes out: The grid needs to wise up
Oct 29, 2012
The power grid is too large, too dependent on distant electricity supplies and not smart enough to pass the hurricane test. The result: long power outages. Upgrading to a more reliable grid will cost billions and take decades.
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Betting on stormy weather
Oct 29, 2012
Weather derivatives allow companies to hedge against catastrophic losses.
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Sandy shuts down New York markets
Oct 29, 2012
Overnight, New York City's financial authorities decided to close the markets today as Hurricane Sandy moves in -- the first time since 1985 that a weather event has shut down trading.
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Staying open for Hurricane Sandy
Oct 29, 2012
Businesses in the path of Hurricane Sandy are preparing for anything but business-as-usual -- for some shops storms are good for business.
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Ahead of Sandy, Governors declare State of Emergency
Sandy is on track to be perhaps the widest storm to ever hit American shores. Nine governors have declared states of emergency. U.S. stock markets will be closed today on account of the hurricane and bond markets will close at noon.Pages
From hurricanes to Nor 'Easters, the cost of natural disasters makes a big impact on the economy. Follow Marketplace's coverage of the of the weather and natural disaster economy.
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