NYC Properties At High Risk of Hurricane Losses

When people think of hurricane damage they usually think of Miami or New Orleans, but a new report suggests the greatest financial risk of all may be much farther north: the greater New York City area.

Mars Mission Reality Show: Pipe Dream Or Scam?

Dutch company Mars One has been making the rounds with its dreams of putting on a reality TV show to select astronauts for a one-way journey to the Red Planet. But the company is vague on how people will be transported to and live on Mars.

Spain's PM: Fiscal Union + Monetary Union = New Euro Zone

Spanish Prime Minister Mariano Rajoy proposed on Saturday that the 17 countries in the euro zone create a common fiscal authority, with each surrendering a significant amount of its national sovereignty to send a signal to financial markets about the certainty of their single-currency experiment.

Calm Before the Storm

Economic data and news flows are light this morning as market participants take stock of the significant moves across asset classes in the past wee

Bamboozle 2012 Day 1: Mike Posner Kicks Off The Main Stage

By 3:30 P.M. the line to enter the Bamboozle Festival stretched widely across the boardwalk. As the 5 P.M. gate entrance approached, the festival goers grew impatient, waiting for their chance to storm the main stage for Mike Posner's 5:25 performance.

Steelmaker Nucor Buys Skyline For $605 Million

U.S. steelmaker Nucor Corp. (NYSE: NUE) said Friday it will buy Skyline Steel LLC and its subsidiaries from Luxembourg's mining and steel company ArcelorMittal (NYSE: MT) for $605 million.