Irene Leaves Millions Without Power
Millions of homes and businesses were left without power as Irene, which was downgraded from a hurricane to a tropical storm, continued to roar up the East Coast.
Millions of homes and businesses were left without power as Irene, which was downgraded from a hurricane to a tropical storm, continued to roar up the East Coast.
Even before Hurricane Irene interrupted back-to-school shopping, the nation was cautious about spending for the new semester. A teetering economy is affecting the purchasing choices of 75% of families with school-age children, and 70% say they plan to spend the same or less as last year.
When it comes to bold weather-related boasts, it's hard to beat the Post Office's unofficial motto: "Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds." Yet even the USPS pales beside the standard set by the New York Stock Exchange.
Gas stations along the Eastern Seaboard experienced high demand Friday and some sold out of fuel as Hurricane Irene bore down and residents scrambled to evacuate. In Norfolk, Va., one Exxon station was sold out by noon and boarded up its windows as attendants readied themselves for the storm.
Preparation is the best defense against the demons of disaster. If a fire, flood, hurricane, or earthquake happened right now -- and this week's two out of three ain't bad -- how prepared would you be to deal with the aftermath?
It is time to invest in Hurricane Irene. That does not mean to buy stocks, oil, or precious metals. It means spending money to make sure you can ride out the storm. Your total cost will vary, depending on what you already have in stock.
Hurricane Irene's swath through the Caribbean this week probably left many of the no-longer paradise-bound wondering: Should I have taken out travel insurance? At the peak of hurricane season, even experts who usually shun the coverage say you should consider the policies.
Hurricane season comes every year, and 90% of natural disasters nationwide involve flooding. Yet less than a fifth of U.S. homeowners have a flood insurance policy. With Hurricane Irene poised to hit the U.S. this weekend, now may be a good time to ask: Are you covered, and should you be?








