weather

How Slick Roads Raise Your Rates

Snow can be so pretty if you're on the slopes or sipping hot cocoa inside your warm house.

But if you're on the road in severe...

U.S. Job Growth Weakest in 3 Years

Employers hired the fewest workers in almost three years in December, but the setback was likely to be temporary amid signs that cold weather might have had an impact.

The 10 Most Expensive Hurricanes in U.S. History

At times, 2011 has felt like a parade of natural disasters: Earthquakes and tornadoes and floods, oh my! But wait, there are more coming. Hurricane season has just begun, and the forecasts for 2011 aren't pretty. Before the next one hits, we look back at the nation's 10 costliest hurricanes.

People@Work: Winter's Blasts Affect Not Only Hiring but Output, Too

It's hard to fathom that something as mundane as weather could affect employment statistics. But it clearly does. And it also has big impact on how much work actually gets done. And beyond the snows of winter, there's distractions like the Super Bowl that keep worker from their duties.

Delta Lowers Profit Guidance on Winter Storms

The storms last month not only inconvenienced travelers; they also cut into Delta Air Lines's profit, the company warned Wednesday. Delta has lowered its profit guidance by $45 million as a result.

Oil Prices Rise on Cold Weather in Europe, U.S.

Oil prices gained Monday morning as expectations of cold weather in the U.S. and Europe raised demand. U.S. crude for January delivery rose 15 cents to $88.20 a barrel at 7:48 GMT, Reuters reported. ICE Brent for February rose 13 cents to $91.80.

Cold Weather Drives Oil to Highest Price Since 2008

Oil rose to the highest price in more than two years as cold weather in the U.S. and Europe stoked demand. U.S crude prices for January rose as high as $90.46, the highest since Oct. 2008, Reuters reported.

Severe Weather Closes Airports, Spreads Chaos in Europe

Severe weather closed airports in Geneva, London and Edinburgh, spreading chaos through Europe%u2019s transportation system. London Gatwick airport, the second-busiest in the U.K, will be closed until at least tomorrow morning while snow is cleared away, Bloomberg News reported. Geneva airport is shut until at least 2 p.m. local time, while flights were cancelled at Frankfurt thanks to strong tailwind.

Tropical Depression Delays BP Relief Well in Gulf of Mexico

Bad weather delayed work on the final feet of the relief well that is intended to permanently fix BP%u2019s (BP) ruptured oil well in the Gulf of Mexico. A tropical depression is heading for the site from a position off the coast of Florida, and it is expected to strengthen and become a tropical storm today, The Associated Press reported.

Cleanup Vessels Evacuate Gulf as Tropical Storm Bonnie Nears

U.S. authorities ordered vessels working at the ruptured oil well in the Gulf of Mexico to evacuate the area on Thursday evening as Tropical Storm Bonnie approached. The rig drilling a well to intercept BP%u2019s (BP) ruptured Macondo well will also be temporarily moved, Ret. Coast Guard Adm. Thad Allen said, according to The Wall Street Journal.

Insurers Prepare for a Rough Storm Season

Tornadoes, floods, severe weather: It's shaping up to be another bad year on the natural disaster front, and that could place increased pressure on the U.S. insurance industry.

Early Easter, Good Weather Boost Retail Sales

An early Easter and a spring thaw helped spur shoppers into stores in March, and retailers now expect to post healthy gains for the month. The International Council of Shopping Centers said for the week ending April 3, sales were up 2.1% over the week before and 4.7% over the same time last year.