With power still out for thousands along the Northeast, industrious residents are roaming their neighborhoods for basic necessities. The day begins with a search for a cup of coffee.
A U.S. economy already hampered by the possibility of deep fiscal retrenchment must now grapple with the “enormous hit” of Hurricane Sandy, a top Wall Street economist said Wednesday.
Suze Orman, host of CNBC's "Suze Orman," explains what you need to know about your home insurance policies in regard to Superstorm Sandy.
New Yorkers felt the rumble of subway trains for the first time in four days on Thursday but gasoline shortages persisted in the Northeast and emergency crews struggled to reach the worst-hit areas and restore power to millions of people.
As our thoughts remain with all those who have been horribly affected by the devastation that hit the U.S. Eastern seaboard and its aftermath, we are being asked about the implications of Hurricane Sandy for markets
Traders at hedge funds frustrated by the lack of access to equities markets in the United States have been combing through the world for proxies, assets they might be able to trade that are so correlated with certain U.S. equity classes that traders can synthetically reproduce the trades they can't make in U.S. markets. These are few and far between, of course.
As power failures and flooding overwhelmed lower Manhattan and the Red Hook section of Brooklyn early Tuesday, small businesses scrambled to recover amid the aftermath of Sandy.
Hurricane Sandy may inflict a negative hit to demand for crude oil and fuel products as production at U.S. East Coast refineries comes to a standstill, reducing demand for the primary input.