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Gold Rises in U.S. Trading on Expectations of More Fed Intervention

Gold rose 1.4 percent Monday in early U.S. trading as investors inclined toward the view that the decision of the top U.S. central banker to extend by a day a key September meeting might indicate an intent to intervene in the bond market, an action that is bullish for gold.
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Hurricane Irene Insured Loss Probably Lower Than Expected: Analyst

While it is still early in the recovery process for Hurricane Irene, given weaker-than-expected wind speeds, particularly for the New York metro area landfall, FBR Capital Markets believes it is safe to say that loss expectations are lower than many investors thought last Thursday and Friday when forecasts shifted to show a more inland path for the storm.
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Stock Futures Signal Early Gains on Wall Street

Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 1 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 1 percent at 0930 GMT (5:30 a.m. ET).
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Goldman Faces Myriad Legal Challenges

Conventional wisdom in legal circles has long held that Goldman Sachs (GS.N) might escape further large fines or criminal charges for its role in the 2007-2009 financial crisis after reaching a $550 million settlement with securities regulators in July 2010.
With the skyline of New York in the bakground, people enjoy the sunset along Hudson river after the pass of Hurricane Irene at Hoboken in New Jersey

Irene Floods Northeast, Manhattan Spared the Worst

Hurricane Irene swept through Manhattan on Sunday but reserved the worst of its fury for towns and suburbs up and down the northeastern United States where driving rain and flood tides inundated homes and cut power to millions.
Hurricane Irene

Transportation Devastated Along Hurricane Irene Path -- Monday Outlook [LIVE]

In Washington, Federal Emergency Management Agency (FEMA) officials said it would take several days to begin complete cost estimates of damage caused by the storm, and to determine how long it will take be before transportation systems in the East Coast Boston-New York-Philadelphia-Washington corridor will be back to full service.
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Irene New York: Evacuation Order Lifted, NYSE to Open; Airports Closed Until At Least Late Monday

New York has lifted an unprecedented evacuation order in place for Hurricane Irene and the New York Stock Exchange will open Monday, but New York area airports will not reopen until at least late Monday, officials said. New York's transit system including subways that serve eight million people each weekday were closed in advance of Hurricane Irene. Also, all New York area airports were closed. But the evacuation was lifted Sunday afternoon, and the New York Stock Exchange says i
Hurricane Irene

Hurricane Irene LIVE COVERAGE: Delays, Cancellations Likely Monday

Hurricane Irene had weakened to a tropical storm when it made landfall in New York City, with winds of 65 miles per hour. But further south, states were not so lucky. Power is out in many places and transportation is still hampered across much of the East Coast, and with major airport hubs downed, the ripple is affecting most of the world. Now focus turns to restoration and recovery as the weekend rolls in the business week. Join IBT staff as we live blog the recovery efforts and continued devel...
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New York Evacuation Order Lifted; NYSE to Open Monday

New York Mayor Michael Bloomberg has lifted the unprecedented evacuation order in place for Hurricane Irene, allowing 370,000 people to return to their homes Sunday afternoon in low-lying areas of New York after the storm hit the city Sunday.Also, the New York Stock Exchange will open Monday under a normal schedule, a spokesman said.

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