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White House: Sandy to blame for lack of growth

The White House says Superstorm Sandy is partially to blame for the unexpected contraction of the U.S. economy.

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US economy shrinks 0.1 pct., 1st time in 3½ years

The U.S. economy unexpectedly shrank from October through December for the first time since 2009, hurt by the biggest cut in defense spending in 40 years, fewer exports and sluggish growth in company...

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GOP lawmakers see automatic cuts as leverage

Driven by frustration over deficits and debt, Republican conservatives are pushing a politically risky move to permit painfully large automatic spending cuts to strike the Pentagon and domestic...

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NY Gov. Cuomo proposes state buy homes Sandy wrecked

Gov. Andrew Cuomo wants to spend up to $400 million to buy and demolish homes wrecked by Superstorm Sandy and permanently preserve the land as undeveloped coastline, an idea that received generally...

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FEMA defends handling of Sandy flood claims

The Federal Emergency Management Agency is defending its handling of Superstorm Sandy-related flood insurance claims following sharp criticism by New Jersey's governor.

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NYC aquarium rebounds, rebuilds after Sandy

The New York Aquarium has cherished its big-city setting by the sea for half a century. But the ocean that is the aquarium's lifeblood dealt it a shattering blow last fall.

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Charities agree to accelerate Sandy aid programs

Four charities that raised money for Superstorm Sandy relief efforts, including the American Red Cross, have agreed to either accelerate spending or kick in more cash as a result of negotiations with...

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Red Cross to make changes in disaster fundraising

After enduring some criticism over its performance during Superstorm Sandy, the American Red Cross has agreed to make changes in the way it solicits donations after major disasters to avoid potential...

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Senator: Speed of Sandy NJ rebuilding aid is OK

A New Jersey senator says state and federal officials must speed the way aid is getting to people whose homes were damaged or destroyed by Superstorm Sandy.

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Engineers call for national approach to flooding

An organization of civil engineers is calling for a national strategy for mitigating flood risks, saying the U.S. has not fully heeded lessons from Hurricane Katrina and Superstorm Sandy.

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