NEW YORK— Whenever disaster strikes people run for safety. "The only person who gets injured on the roller coaster is the person who tries to jump off in the middle of the ride," said Rob Austin, director of retirement research at Aon Hewitt, a human-resources consulting firm. Average investors pulled a net $9.8 billion out of mutual funds targeting U.S. stocks and put...» Read More
A report on the ongoing rescue efforts in Oklahoma, and the impact on insurers, with CNBC's Jane Wells and Mary Thompson; and Joplin City Manager R. Mark Rohr and WeatherFX Chief Meteorologist Paul Walsh, offers insight.
Tom Bennett is with Jim Giles Safe Rooms of Oklahoma and also a board member at the National Storm Shelter Association. Bennett discusses his business of storm shelters.
CNBC's Jane Wells reports on the rescue efforts taking place in Oklahoma after yesterday's massive tornado; and Meteorologist Reed Timmer reports on a tornado watch currently in effect around Dallas.
Here's a look at how the devastating Oklahoma storm compared to some of the deadliest tornadoes in U.S. history.
The death toll has now dropped from 51 to 24, but some expect that number to rise, reports CNBC's Jane Wells.
The death toll is expected to rise, reports The Weather Channel's Jim Cantore, as the search continues for survivors after yesterday's devastating twister swept across the Midwest.
Our focus is on the urgent work of rescue, said President Obama commenting on efforts to provide relief for Oklahoma after a devastating Tornado destroyed neighborhoods, and left at least 51 people dead, 20 of them children. And, CNBC's John Harwood, reports on the clean-up efforts.
The "Squawk on the Street" news team reports on today's top business headlines, including an update on a deadly tornado to hit Oklahoma; the future of Jamie Dimon's role at JPMorgan; and Tim Cook's tax testimony on Capitol Hill.
The deadly twister stayed on the ground for nearly an hour yesterday, and now emergency teams are searching for survivors and working through miles of debris, reports CNBC's Jane Wells.
Gov. Mary Fallin, (R-OK), talks with CNBC's Jane Wells, about the ongoing efforts to find victims in the aftermath of yesterday's deadly tornado that left 51 people dead.
After yesterday's tornado activity, more are expected on Tuesday in Texas and Arkansas, reports Alex Wallace, The Weather Channel.
A monstrous storm flattened entire neighborhoods in the suburbs of Oklahoma City, reports CNBC's Mary Thompson. And, Chuck Watson, Kinetic Analysis, provides early analysis on the damage.
The city of Moore, Oklahoma is in recovery mode after a deadly tornado left 51 people dead in its aftermath, reports CNBC's Jane Wells.
Rep. James Lankford, R-Okla., provides details of the damage and devastation left in the wake of a deadly tornado that ripped through his home state.
Forecasters are warning additional "large and devastating" tornadoes are possible today, reports CNBC's Jane Wells.
At least 51 people have been killed by a tornado near Oklahoma city. Alex Wallis from the weather centre has the latest on its path.
Violent tornadoes are moving through Oklahoma, and there is widespread damage, with CNBC's Tyler Mathisen.
A massive F4, and possibly an F5, tornado cut through Oklahoma this afternoon, destroying schools and homes, and causing millions of dollars worth of damage.
There was little sign of spring across a large swath of the U.S. Midwest on Sunday as a powerful storm dumped heavy snow across a widespread area.
Baseball-sized hail was reported in northern Florida, along with possible tornadoes, while heavy snow in Colorado and Kansas delayed flights and shut down part of Interstate-70. A crash involving up to 50 vehicles closed part of Interstate-25 near Loveland, Colorado, north of Denver.