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Video
Gulf Coast braces for Gustav
Raw video: rain bands lash the Louisiana coast as the storm nears.
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Photo Highlight
Madonna performs during her 'Sticky & Sweet' tour stop in Zurich. REUTERS/Miro Kuzmanovic
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Markets
| Dow Jones | 11,543.96 | -171.22 |
| Nasdaq | 2,367.52 | -44.12 |
| S&P 500 | 1,282.83 | -17.85 |
| 10-Yr Bond | 3.78% | +0.02 |
| Oil | $115.46 | -1.00 |
| Gold | $835.20 | +3.60 |
U.S. markets closed for Labor Day · Yahoo! Finance
Weather
| New Orleans | 88° | Windy, rain bands |
| New York | 79° | Partly cloudy |
| Chicago | 74° | Sunny |
| Los Angeles | 86° | Sunny |
| Houston | 92° | Hot, humid |
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Business
Gustav's Economic Impact Could Ripple Far Beyond the Gulf
AP - Mon Sep 1, 4:41 AM ETWASHINGTON - From gasoline and natural gas to insurance rates and shipping costs, Hurricane Gustav's blow to the Gulf Coast economy will be felt far beyond the storm zone — the only question, economists said Monday, is how hard.
» Full Story- Labor Day Gas Cheapest Since Spring — but Gustav Looms AP - Sun Aug 31, 7:51 PM ET
Americans hitting the road this Labor Day weekend found the cheapest gasoline since April, with the national average down more than 40 cents from July's record — a relief that could prove brief if Gustav cripples Gulf Coast refineries. - Wall Street Limps Out of August, Bracing for a Bruising Fall AP - Sun Aug 31, 2:14 PM ET
The stock market closed its worst August in years with a shudder, and with trading desks dark for Labor Day, Wall Street's veterans are bracing for what has historically been the cruelest stretch of the calendar. - Investors Convinced Washington Will Have to Rescue Fannie, Freddie Reuters - Sun Aug 31, 3:40 PM ET
Six weeks after Congress handed the Treasury a blank check to shore up Fannie Mae and Freddie Mac, investors have concluded the check will be cashed — it's now a matter of when, and on whose back. - Working Longer Is the Growing Trend for Americans AP - Sun Aug 31, 2:14 PM ET
On Labor Day 2008, the American worker's holiday carries a wry edge: more Americans are working later into life than at any point in a generation, driven by battered nest eggs, shrinking pensions and a sense that retirement is becoming a luxury. - Gulf Oil Industry Prepared for Long Haul Back After Gustav Reuters - Sun Aug 31, 6:48 PM ET
Even before Gustav's landfall, the Gulf of Mexico's oil industry was planning its return — and warning that experience dictates patience: after Katrina and Rita in 2005, some platforms took more than a year to come back. - Airlines Cut Deeper as Fuel Costs Reshape the Industry AP - Thu Aug 28, 12:56 PM ET
United Airlines' plan to furlough 1,550 flight attendants is the latest in a cascade of cuts sweeping U.S. carriers, which are shrinking their schedules, grounding planes and charging for everything from checked bags to pillows. - Home Prices Post Record Drop as Slump Enters Third Year AP - Tue Aug 26, 10:02 AM ET
Home prices in the nation's largest cities posted their steepest annual decline on record this summer, data showed, as the housing slump ground through its third year with no bottom in sight.
Sources: AP · Reuters · AFP · CSMonitor.com · McClatchy Newspapers · NPR · Politico