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Gold, Silver Prices Down as Optimism about Economy Rises

Gold and silver prices closed lower Monday as some precious metals investors took profit from recent gains and other investors decided fears of a double-dip recession were overblown and put their money in riskier assets like heavily discounted stocks.

Zynga Delays IPO

Social gaming company Zynga is delaying its IPO, according to a report.

New York City gets back to business after Irene

Edith Honan and Claudia Parsons
New York City was slowly getting back to business as usual on Monday after Hurricane Irene but hundreds of thousands of people who normally travel in from the surrounding area faced a hellish commute as flooding knocked out some transit routes.
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Hurricane Irene Death Toll at Least 25: Who Were They?

Hurricane Irene prompted a death toll of at least 25 across eight states, the Associated Press reported. States of Emergency were declared in Virginia, New York, New Jersey, Delaware, Connecticut, Massachusetts, North Carolina, Maryland, Rhode Island, and New Hampshire.
Hurricane Irene Recovery

Obama Pledges Full Federal Resources to Aid Irene Clean-Up, Recovery

President Barack Obama said Monday he is continuing to direct Hurricane Irene recovery and rebuilding efforts, as federal, state, and local officials assess damage in Northeast and Mid-Atlantic states, even as Northeast states like Vermont and New Jersey continue to get people out of harm's way of rising flood waters.
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Gold Prices, Treasuries Down as Stocks Climb

Gold prices dropped sharply in holiday-thinned trade on Monday, falling as much as 2.7 percent after Wall Street stocks opened higher, deflecting interest from the safe-haven metal.
A resident walks over the buckled highway 12 after Hurricane Isabel plowed into Kitty Hawk on the Outer Banks of North Carolina

Hurricane Irene Path 2011: New York Reopens; Millions along East Coast Without Power

New York reopened for business Monday, as subways got back into operation, though the city is moving slow getting back into full swing. Yet 25 lives were claimed by Hurricane Irene's destructive path, and millions remain without power. Hurricane Irene 2011 may not have been as damaging as some forecasts predicted, but from North Carolina, to Philadelphia and New Jersey, the storm's impact was severe, and weeks if not months may be required for full recovery.
Silver bullion

Fortuna Silver Mines Seeks NYSE Listing

Fortuna Silver Mines Inc., which is traded on the Toronto Stock Exchange, has applied for a listing on the New York Stock Exchange, the Vancouver-based company said Monday.
Hurricane Irene Path: The Aftermath [PHOTOS]

Hurricane Irene: New York, Northeast, Mid Atlantic Begin Damage Assessment

Hurricane Irene shut down the neon lights on Broadway, and substantially reduced commercial activity over the weekend -- including canceling thousands of flights, but the storm's economic damage will likely be far less than originally predicted. In particular, New Yorkers, for the most part, feel like they were spared.
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Gold Rises in U.S. Trading on Expectations of More Fed Intervention

Gold rose 1.4 percent Monday in early U.S. trading as investors inclined toward the view that the decision of the top U.S. central banker to extend by a day a key September meeting might indicate an intent to intervene in the bond market, an action that is bullish for gold.

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