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Sandy holds back US consumer spending, pay in Oct.

Americans cut back on spending last month and saw no growth in their income, partly reflecting disruptions from Superstorm Sandy that could drag on economic growth in the final months of the year.

 

'Santa' Showers $100 Bills on Storm-Hit NJ, NY

A Missouri man posing as "Secret Santa" is giving away $100,000 this holiday season and spent a day in New Jersey and New York giving away money to people robbed of their belongings or homes by Superstorm Sandy.

 

More power company officials resign after slow Sandy response

Power Companies

Two more executives have resigned from the Long Island Power Authority, which came under withering criticism from New York's governor for its failure to restore power more quickly to hundreds of thousands of customers after Superstorm Sandy.

 

Governor: Sandy cost NY, NYC $42B in damage, loss

Superstorm Sandy ran up a $42 billion bill on New York and the state and New York City congressional leaders are preparing big requests for federal disaster aid....

 

Fewer seek US jobless aid as storm distorts data

The number of people seeking unemployment benefits fell sharply to a seasonally adjusted 410,000 last week, though the figure was elevated for the second straight week by Superstorm Sandy.

 

Experts question order allowing immediate reconstruction of N.J. infrastructure that failed during Sandy

...Throughout the week, Gov. Chris Christie and state officials ramped up rhetoric about the need to rebuild the New Jersey shore smarter and stronger in the wake of the storm. But at the same time, an order was signed that temporarily waives permitting requirements, allowing for the immediate reconstruction of the public infrastructure that failed and washed away in the storm’s path.

 

N.J. woman swam from home to get to ER job after Sandy

After swimming to a main road, the emergency room technician hitched a ride to the hospital... The first thing Marsha Hedgepeth did when she moved into her home three years ago was count the steps from the front door to her second-floor apartment, a preparatory measure for future grocery-lugging.

Senh: That's dedication.

 

City to Tear Down Hundreds of Storm-Hit Homes

A damaged home tilts to one side along the beach in the Belle Harbor section of the Queens, New York, in the wake of Sandy.

 

Storm Sandy knocks industrial output in October

Industrial output unexpectedly fell in October as superstorm Sandy disrupted production, but the underlying tone remained consistent with slowing manufacturing activity.

 

Obama to tour storm-hit parts of New York: official

President Barack Obama travels to New York Thursday for a firsthand look at the damage left by superstorm Sandy and to meet with families recovering from the disaster, a White House official said.

 

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