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Superstorm Sandy pushes US jobless claims to 439K

Superstorm Sandy drove the number of people seeking unemployment benefits up to a seasonally adjusted 439,000 last week, the highest level in 18 months.

 

In Sandy’s wake, recovery remains a frustrating fight

The Federal Emergency Management Agency, having learned Hurricane Katrina’s harsh lessons, is winning praise from disaster specialists and elected officials for its rapid response to Hurricane Sandy, but weeks into battling the devastation, the agency is confronting another challenge: the reality of its own limitations.

 

Retail sales sag as superstorm Sandy slows buying

Retail sales fell in October for the first time in three months as superstorm Sandy slammed the brakes on automobile purchases, suggesting a loss of momentum in the fourth quarter.

 

Long Islanders: Now two weeks of power woes

Long Island Power Outage

As the power outages on Long Island drag on, New Yorkers railed Sunday against the utility that has lagged behind others in restoring power, criticizing its slow pace as well as a dearth of information.

 

N.Y. governor to seek $30B in federal aid after Sandy

Superstorm Sandy

N.Y. Gov. Cuomo plans to request at least $30 billion in aid to repair infrastructure damaged by Superstorm Sandy.

 

Charity scams claim to aid Sandy victims

Charity scams could be steering relief funds away from Superstorm Sandy victims.

 

N.J. island residents upset with delays after Sandy

Residents of the Seaside Heights barrier island are frustrated with the lack of access to fix and air out their homes.

 

Superstorm Sandy will raise used-car prices nationwide

Used Cars

An estimated 250,000 vehicles were flooded, compounding an already-tight used-car market.

 

Weekly US jobless claims fall to 355K last week

Employment Application

The number of people seeking unemployment benefits fell last week by 8,000 to a seasonally adjusted 355,000, a possible sign of a healing job market. But officials cautioned that the figures were distorted by Superstorm Sandy.

 

United says Sandy cut Oct. revenue by $90 million

United Airlines

United Airlines says Superstorm Sandy cut its October revenue by about $90 million as it was forced to cancel almost 5,300 flights.

 

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