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Top News & Analysis New Jersey

  • LONDON, Oct 29- Brent crude oil steadied around $110 a barrel on Monday as Hurricane Sandy, which forecasters said could be the largest storm ever to hit the North American mainland, approached the U.S.

  • Insurers Brace for Hurricane Sandy

    FMHR traders cover the very latest on Hurricane Sandy as it churns towards the northeast. CNBC's Scott Cohn reports from Battery Park and Kayla Tausche from New Jersey. Meanwhile Cliff Gallant, insurance analyst at KBW, discusses the storm's impact on insurers.

  • LONDON, Oct 29- As the Northeast United States locks down in the path of Hurricane Sandy, the freakishly large tropical storm careening in from the Atlantic, the main impact is likely to be on fuel demand rather than supply.

  • *U.S. East Coast refineries cut output ahead of hurricane. LONDON, Oct 29- Brent crude oil fell towards $109 a barrel on Monday as U.S. East Coast refineries shut ahead of the approach of Hurricane Sandy, reducing crude use in the world's largest oil consumer.

  • 'Frankenstorm' Threat Launches Mass Evacuations

    It seems likely that Sandy will impose greater destruction of property, and add to that the loss of about two days commercial activity, spread over a week across 25 percent of the economy, an initial estimate of the economic losses imposed by Sandy is about $35 to 45 billion.

  • *U.S. East Coast refineries cut output ahead of hurricane. LONDON, Oct 29- Brent crude oil fell below $109 a barrel on Monday as refineries along the U.S. East Coast wound down operations ahead of the approach of Hurricane Sandy, reducing crude use in the world's largest oil consumer.

  • SINGAPORE, Oct 29- Oil slipped on Monday, with Brent below $109 a barrel, as refineries along the U.S. East Coast wind down operations ahead of approaching Hurricane Sandy, reducing crude use in the world's largest oil consumer.

  • Hurricane Sandy Shuts Down Stock Trading

    CNBC's Kayla Tausche reports on the storm's surge along New Jersey's coast; and The Weather Channel's Maria LaRosa tracks Sandy's high winds. Also, crunching the numbers on the potential damage and its impact on insurance, with Chuck Watson, Kinetic Analysis Corp, and Mike Santoli, Yahoo Finance senior columnist.

  • New Jersey Powering Up For the Storm

    Ralph LaRossa, PSE&G president & COO, explains how his power company is preparing to handle a storm of this magnitude as it heads to the Garden State.

  • SINGAPORE, Oct 29- Oil slipped on Monday, with Brent near $109 a barrel, as refineries along the U.S. East Coast wind down operations ahead of approaching Hurricane Sandy, reducing crude use in the world's largest oil consumer.

  • *Stock, options markets shutting down Monday. NEW YORK, Oct 28- U.S. stock and options markets will be closed on Monday, and possibly Tuesday, as regulators, exchanges and brokers worry about the integrity of markets and the safety of employees in the face of Hurricane Sandy.

  • NEW YORK, Oct 28- Wall Street firms were set to open with limited staffing on Monday, as stock markets remain closed ahead of Hurricane Sandy's approach and many traders in other markets as well as other financial professionals worked from home.

  • *NYSE, Nasdaq, other exchanges to open for trade Monday. *NYSE, NYMEX floor trading operations suspended. NYSE said on Sunday afternoon that it will close its physical trading floor operations for the first time in nearly three decades due to a weather-related emergency, but would move trading of NYSE- listed stocks to its fully electronic exchange.

  • SINGAPORE, Oct 29- U.S. crude futures slipped below $86 a barrel on Monday as refineries along the East Coast lowered run rates ahead of approaching Hurricane Sandy, reducing crude use in the world's largest oil consumer. *U.S. crude for December delivery fell 43 cents to $85.85 a barrel by 2316 GMT.

  • NEW YORK, Oct 28- Oil refineries along the U.S. East Coast began to cut rates and companies prepared other energy facilities on Sunday ahead of Hurricane Sandy's expected landfall along New Jersey's barrier islands.

  • New York, Philadelphia, Washington, Boston in its path. *New York, New Jersey, Amtrak transit systems to shut. The massive storm, which has already killed 66 people in the Caribbean, was headed toward a densely populated region that includes Washington, New York and Boston and its effects could be felt for hundreds of miles, officials warned.

  • *NYSE, Nasdaq, other exchanges to open for trade Monday. *NYSE suspends trading floor for first time since 1985. But NYSE said on Sunday afternoon that it would close its physical trading floor operations for the first time since 1985. It will instead trade NYSE- listed securities on its fully electronic exchange, NYSE Arca.

  • *New York, Philadelphia, Washington, Boston in its path. Sandy, expected to come ashore late on Monday, could deliver a harsh blow to major cities including New York, Philadelphia, Washington, Baltimore and Boston. Its center was forecast to strike the New York- New Jersey area and then move inland toward Philadelphia and the rest of Pennsylvania.

  • *Coast Guard issues storm conditions for Mid-Atlantic. Hurricane Sandy, which is expected to come ashore late on Monday, could be the biggest storm to hit the U.S. mainland, bringing strong winds and dangerous flooding to the East Coast from the mid-Atlantic states to New England, forecasters said.

  • Oct 28- Goldman Sachs& Co. told employees in an internal memo Sunday that the firm will be open for business on Monday as Hurricane Sandy approaches, though only employees ``critical'' to operations will be asked to get to downtown Manhattan, and then only if they can do so safely.