By DAVE CARPENTER and JEFF DONN and JONATHAN FAHEYAssociated Press
NEW YORK (AP) - They planned big for Superstorm Sandy, but not big enough.
Consolidated Edison figured any surge would not surpass the 11-foot record set nearly two centuries ago. Or the design limit of 12.5 feet for a key
By GENARO C. ARMASAssociated Press
STATE COLLEGE, Pa. (AP) - Rescued kidnapping victim Elizabeth Smart said Tuesday that Penn State's inaugural conference on child sexual abuse is a way to promote discussion about crimes that drew more attention after the molestation scandal involving
By DAVID B. CARUSOAssociated Press
NEW YORK (AP) - The floodwaters that poured into New York's deepest subway tunnels may pose the biggest obstacle to the city's recovery from the worst natural disaster in the transit system's 108-year history.
Critical electrical equipment could be
By DAVID ESPO and JULIE PACEAssociated Press
WASHINGTON (AP) - Republican presidential challenger Mitt Romney edged back into active campaigning on Tuesday while President Barack Obama stayed close to the White House, rival candidates calibrating their responses to superstorm Sandy and the
By JULIE PACEAssociated Press
WASHINGTON (AP) - Seeking to project command in a crisis, President Barack Obama told storm-stricken residents along the East Coast that "America is with you" but warned that the disaster "is not yet over."
As the countdown to Election Day reached the one week mark
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - Home prices rose in August in nearly all U.S. cities, and many of the markets hit hardest during the crisis are starting to show sustained gains. The increases are the latest evidence of a steady housing recovery.
BERLIN (AP) - The head of the International Monetary Fund says the world's leading economies must continue to cut government spending despite an overall situation of only "tepid growth."
Christine Lagarde said Tuesday in Berlin that those governments "have to continue fiscal consolidation at a
By YURI KAGEYAMAAP Business Writer
TOKYO (AP) - Mitsubishi Motor Corp.'s fiscal second-quarter net profit improved 60 percent to 10.1 billion yen ($126 million) on cost cuts, but the Japanese automaker lowered its projection Tuesday for China, where a bitter territorial dispute is sending
By MATT SEDENSKYAssociated Press Writer
MIAMI (AP) - On the eve of the 2012 elections, The Associated Press interviewed dozens of Americans to try to gauge the economic mood of the nation. People were asked about jobs, housing, gas prices, retirement and other issues. Among them was Hilda
By ELAINE KURTENBACHAP Business Writer
TOKYO (AP) - Japan's central bank expanded a government bond-buying program Tuesday, vowing to spur growth as it further downgraded the country's economic outlook following declines in industrial output and household spending in September.