Two straight days makes this the worst weather-related closure of the New York Stock Exchange since 1888. There was a monstrous snowstorm in March of that year, drifts of over 40 feet. You know what was also happening right about the same time? The American Arithmometer Company started up in St. Louis. It went on to sell the device that its founding Vice President William Seward Burroughs invented - the adding machine, which raises this question for me.
In lower Manhattan, the New York Stock Exchange was closed yesterday. It's closed again today; slated to reopen tomorrow. More on that, coming up. But Wall Street is not the only industry in lower Manhattan facing trouble from the hurricane. Zoe Chace, of NPR's Planet Money team, has been getting a look around.
From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.
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Looming over the recovery from Super Storm Sandy is what to do about next Tuesday's election? The prospect that some voters could still be displaced or without power a week from today has election officials trying to come up with alternative plans.
It even has some people talking about the highly unusual step of delaying the vote, as NPR's Pam Fessler reports.
It's not easy to get around the back roads of West Virginia right now. Our four-wheel drive couldn't make it up the hill to David Arnold's place near Fayetteville, so he came down to get us in his Chevy Tahoe.
We spin through the snow, through archways made of broken tree branches. The drive is worth the effort; Arnold runs a whitewater rafting business, and he lives right on the edge of the New River gorge.
From his back porch, we can look 900 feet down to the river or 3,000 feet straight across, through falling snow to the other side. It's just gorgeous.
As the presidential campaign has unfolded, the candidates have traded polemics about wealth, class warfare, taxes, dependency and the role of government.
And while it may be uncomfortable to admit, some Americans are simply more financially successful than others. But why do some achieve wealth, while others struggle? Why does one woman make it to the executive suite, while another man drives a taxi? And what do we think explains our prosperity — or lack thereof?
Originally published on Wed October 31, 2012 10:32 am
When Superstorm Sandy slammed into the East Coast on Monday, the fragile U.S. economy was just sitting there, stuck in a sluggish-growth mode.
Now, as the massive cleanup begins, business owners, workers and investors are wondering what impact the megastorm ultimately will have on their wallets. Did Sandy weigh down economic activity enough to drown the recovery? Or will the rebuilding efforts boost growth over the longer term?
Originally published on Fri December 14, 2012 12:41 pm
When the HMS Bounty set sail in 1787, Captain William Bligh had only his instincts to safely complete a journey from England to the South Pacific island of Tahiti. Last week, Robin Walbridge, captain of a replica of Bligh's ship of mutiny fame, had every modern weather-forecasting resource to plan a voyage from New London, Conn., to St. Petersburg, Fla.
Originally published on Tue October 30, 2012 4:09 pm
The storm that has spawned so many worst-ever superlatives managed a few more when it comes to electricity, with record-breaking power outages across 18 states stretching from Michigan and Indiana to Maine and North Carolina, according to a Department of Energy assessment.