Sandy

The US private sector job creation rose to a 10-month high in December as the labour market saw a bounce in employment mainly due to reconstruction following superstorm Sandy.

Sandy slows US factory production

US industrial activity unexpectedly declined in October as superstorm Sandy battered the northeast, knocking out power across the region.

Superstorm Sandy weighs on US jobs market

The number of Americans who claimed unemployment insurance for the first time leapt last week, a sign that superstorm Sandy was taking its toll on the US economy, while consumer prices rose at the slowest pace in three months in October.

US Northeast cleans up from storm Sandy, death toll up

New Yorkers took to the streets on Sunday to help in the recovery from superstorm Sandy, volunteering to clean up devastated areas and using an annual Veterans Day parade to collect donations for victims struggling without homes or power.

Mayor to close NYC parks, beaches as new storm approaches

New York City's parks and beaches will be closed at noon on Wednesday for at least 24 hours as a new storm system approaches just over a week after superstorm Sandy devastated the region with widespread flooding and wind damage, the mayor said on Tuesday.

Scope of Sandy's devastation widens, death toll spirals

From 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 death toll.

Sandy slams small businesses in New Jersey

Yoshiaki Yuyama entered freezer No. 5 for the first time on Thursday, hoping the tight doors had spared some USD 9,000 worth of mochi ice cream in his Fairview, New Jersey, factory after Hurricane Sandy destroyed power and flooded the building.

US market may see near-term volatility: Ryan Detrick

Ryan Detrick, Chief Strategist at Schaeffer‘s Investment said there are a lot of uncertainties in the market which is pulling it lower. Once the elections are over, there can be some clarity about the market direction, he feels. Till then, there could be near term volatility and downtrend, added Detrick.

Majority of Americans predict Obama winning elections

With less than a week left for the November 6 presidential election, majority of Americans believe that US President Barack Obama is better poised to win the elections than his Republican challenger Mitt Romney, the Gallup poll has said.

Sandy's hit is hard to gauge for economists

Massive storm Sandy could slow growth in the already weak US economy to as little as 1 percent in the fourth quarter.

Obama front and center in storm crisis as Romney subdued

In a close and bitterly fought campaign for president, it was a day of contrasts: President Barack Obama joined New Jersey's Republican governor to tour storm-ravaged areas, while election rival Mitt Romney was relegated to a subdued day of rallies in Florida.

For some, US storm was a major money-making opportunity

As historic storm Sandy pummeled the US Northeast, knocking out power and crippling transportation in New York City and beyond, the enterprising American spirit was running high - mostly for good, though sometimes leading to accusations of gouging.

Brent hovers near $109, recovery eyed post Sandy

Brent crude held steady near USD 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.

US stock markets to reopen today after storm

Major US stock exchanges expect to reopen on Wednesday after Sandy, the worst storm to hit New York in nearly 75 years, closed trading for two days.

European shares rise as Sandy damage seen limited

European shares and the euro rose on Tuesday as the initial damage inflicted by a powerful storm on the US east coast looked to have been less severe than many had expected.

NYSE to test new plan; trading floor undamaged by storm

NYSE Euronext said it plans to test a new contingency plan to help resume stalled US equity trading, and added that its famed trading floor is not yet damaged by Sandy, one of the biggest storms to hit the United States.

Brent slips to near $109 as Sandy damps US oil demand

Brent crude slipped to near USD 109 a barrel on Tuesday as Sandy, one of the biggest storms ever to hit the United States, shut East Coast refineries, roads and airports, reducing crude and fuel demand in the world's largest oil consumer.

Hurricane Sandy approaches, US East Coast grinds to a halt

Hurricane Sandy bore down on the Eastern Seaboard's largest cities on Monday, forcing the shutdown of mass transit, schools and financial markets, sending coastal residents fleeing for higher ground, and threatening a dangerous mix of high winds, soaking rain and a surging wall of water up to 11 feet tall.