Despair Grows as NYC Struggles After Sandy Storm
In storm wrecked New York City three days after Superstorm Sandy, traffic clogged bridges and buses filled streets while many residents endured days without power water and heat. Mayor Bloomberg announced bottled water and ready meals for hardest hit neighborhoods as subway service partly resumed and gas lines remained long.
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Consumers Boost Economy Ahead of Election Outlook
A surge of data shows cheaper gas, rising home prices and lower unemployment boosting consumer spending just before Election Day. Retailers, auto dealers, and manufacturers benefit while employers remain cautious, and economists expect October unemployment to edge up to 7.9 percent. Romney and Obama clash over economic stewardship as undecided voters dwindle.
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Officials deny CIA delay in Benghazi rescue efforts
The timeline shows CIA security officers reached State Department staff within 25 minutes of the first call during the Benghazi attack. Intelligence officials say the annex closely supported the mission less than a mile away as militants linked to al Qaida attacked the consulate killing Ambassador Chris Stevens and three others. The release aims to counter claims that CIA personnel were told to stand down.
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Markets End Day With Mixed Dow Gain and Oil Rally
Thursday’s market roundup shows the Dow up 136.16 points to 13,232.62 while the Nasdaq sits at 42,533,020.06 and the S&P 500 adds 15.43 to 1,427.59. Bond yields edge higher as crude climbs and gold slides.
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