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Hurricane Irene Roars On Path Toward East Coast; New York Preparing Virtual Shut Down

Hurricane Irene
Hurricane Irene is bearing down on the U.S. East Coast Friday, nearing North Carolina and forcing evacuations and planned closings of pubilc transportation in New York as the I-95 corridor prepares and gets ready to hunker down for the massive storm. The Category 2 storm is packing maximum sustained winds of 100 miles per hour, moving north at 14 miles per hour. Already, forecasters and officials are suggesting Hurricne Irene is the storm of a lifetime, with potential to inflict a wide path of d...
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Crude Oil Futures on Track for Weekly Gain on U.S. Economic Recovery

Brent Crude Up Slightly as Irene Barrels on

Brent crude oil rose slightly in choppy trade on Friday as Hurricane Irene barreled toward the U.S. East Coast and traders weighed comments by U.S. Federal Reserve Chairman Ben Bernanke on the economy.
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Joint U.S.-China operation busts child porn ring

A joint U.S.-China police operation has cracked a Chinese-language child pornography ring in New York, Chinese police said, an unusual public example of cooperation between the countries' law enforcement agencies.
Hurricane Irene

Hurricane Irene New York: Ny'ers Share Tips on Twitter

As Hurricane Irene continues to roar up the East Coast headed in the direction for New York City; New Yorker's embrace the calm before the storm and have taken to Twitter to share tips and express mixed feelings towards the severity of the looming threat.
Hurricane Irene

East Coast Readies for Big, Bad Hurricane Irene

The United States urged 55 million people on its East Coast on Friday to prepare for the onslaught of massive Hurricane Irene, which President Barack Obama warned could be extremely dangerous and costly.
Hurricane Irene

Obama Says Hurricane Irene Extremely Dangerous

President Barack Obama on Friday warned Americans to take Hurricane Irene seriously and urged them to obey orders to evacuate from the path of what is likely to be an extremely dangerous and costly storm.
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Hurricane Irene New York: City Will Shut Down All Subways, Buses and Commuter Trains

New York City will shut down all public transportation starting at noon on Saturday, the New York Times is reporting. The shutdown will affect all subways and buses operated by the Metropolitan Transportation Authority, as well as the Long Island Rail Road and MetroNorth, which runs commuter trains to suburban New York and Connecticut.
Hurricane Irene

Hurricane Irene to Make for 'Horrendous' Travel Conditions; Obama Urges Residents to Prepare

Hurricane Irene will cause horrendous travel conditions in the U.S. East Coast region Saturday and Sunday, one official said. As airlines cancel hundreds of flights ahead of Hurricane Irene's approach, Virginia Gov. Bog McDonnell said Saturday will be a horrendous day for travel as forecasters say the storm will be one of the worst to ever hit the region. Another official -- U.S. President Barack Obama -- is urging Americans in the path of powerful Hurricane Irene to listen to...
President Barack Obama at Martha's Vineyard

Hurricane Irene Path: Obama Urges Residents to 'Take Precautions,' Calls Irene a 'Historic Hurricane'

President Barack Obama is urging Americans in the path of powerful Hurricane Irene to listen to warning and evacuation instructions from state and local officials. He said from his vacation rental on Martha's Vineyard Friday that citizens urged to evacuate should not hesitate. Don't wait, don't delay, Obama said. I cannot stress this highly enough, if you are in the projected path of this hurricane you have to take precautions now.
The logo of a gold jewellery shop is seen in Bucharest

Gold Mining Stocks Falling but Gold Price Rises

Shares of major gold mining companies fell Friday in midday trading, after the head of the U.S. central bank used a closely-watched speech to indicate that the Federal Reserve had no immediate plans to stimulate the lagging economy with another round of bond buying.

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