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Irene: Hurricane Threatening to Become East Coast Storm of a Lifetime

Hurricane Irene Tracking Map
Hurricane Irene is shaping up to be the U.S. east coast storm of a lifetime. Officials say Irene poses an extreme threat to areas from North Carolina to to southern New England through the end of the weekend. The major Category 3 storm has the potential to further strengthen before making landfall, and major metropolitan areas from Norfolk to New York and Boston face a threat of rare storm potency.
IRENE beach in North Carolina

Irene’s Danger: How Do Experts Measure Catastrophes?

While no one can know ahead of time just how much destruction a Category 3 Hurricane like Irene will do, specialty companies that specialize in catastrophic risk analysis are armed with historical data as well as links to national computer centers that track the storm in real time.
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Natural Gas in Spotlight

Geologists Sharply Cut Estimate of Natural Gas in Marcellus Shale

Federal geologists published data that sharply reduces the government's estimate for the amount of natural gas contained in the Marcellus Shale, a vast underground rock formation that has become a central battleground in the debate over the drilling technique known as hydraulic fracturing.
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Unclaimed Money: GMA Shows the Money; Do You Have Some Waiting?

Good Morning America has given the nation unclaimed money fever. The ABC television show series, Show Me the Money set out to show Americans that roughly one in 10 people have unclaimed money waiting for their out there, somewhere. So they searched the names of 286 show staffers who work on Good Morning America's studio and offices, revealing surprising results
Hurricane Irene Projected Path

Irene Path: Powerful Storm Aiming at New York, Boston, Philadelphia

Hurricane Irene threatens to batter the U.S. East Coast, perhaps making a direct strike on New York City, as sharpened forecast models show the storm has the makings of the hurricane of a lifetime for Mid-Atlantic and Northeast areas. A major Category 3 storm that could strengthen before making landfall this weekend, one weather source called Hurricane Irene a serious, significant event. The storm holds the potential, forecasters say, to wreak havoc along the East Coast, with torrential ...
Hurricane Irene Projected Path

Hurricane Irene 2011: Mighty Storm Path Takes Aim at New York, Northeast Corridor

Unusually large and powerful, Hurricane Irene is moving slow but plodding on a path pushing the massive storm toward possible landfall on the North Carolina coast Saturday before assaulting the Northeast's I-95 corridor late Sunday. With hurricane force winds of at least 74 miles per hour currently extending 70 miles from its center, and tropical-storm force winds extending another 255 miles in all directions, the Category 3 storm is packing winds of 115 miles per hour and forecasters say the...
Gold bar

Gold Extends Price Decline on Margin Hike

The price of gold extended losses Thursday after the Chicago Mercantile Exchange, the world's largest derivatives market, raised margin requirements on gold futures for the second time in a month.

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