stools a schools and banks as w. we have live team coverage for you. peter doocy sis live in delawar. mriz bette pran in the outer banks of north carolina. first we start with maria molina for the latest on sandy s path. where is sandy now? it is more than 300 miles away from the new york city areas to the south and southeast. we have an update from the national hurricane center. hurricane center moves through the storm and found out sandy has further intensified. the pressure dropped more and incredibly low out across the latitudes. maximum sustained winds stronger as well at 85 miles per hour. sandy is forecast to continue to strengthen and becoming post tropical system or extra tropical system that is not important. what s important is sandy is a powerful storm system and will be producing widespread impact across the northeast. land fall expected as we head into monday night and central sections of new york city. that puts it on the northern side of a storm system you
peter doocy sis live in delawar. mriz bette pran in the outer banks of north carolina. first we start with maria molina for the latest on sandy s path. where is sandy now? it is more than 300 miles away from the new york city areas to the south and southeast. we have an update from the national hurricane center. hurricane center moves through the storm and found out sandy has further intensified. the pressure dropped more and incredibly low out across the latitudes. maximum sustained winds stronger as well at 85 miles per hour. sandy is forecast to continue to strengthen and becoming post tropical system or extra tropical system that is not important. what s important is sandy is a powerful storm system and will be producing widespread impact across the northeast. land fall expected as we head into monday night and central sections of new york city. that puts it on the northern side of a storm system you will be seeing the on score flow 11 feet off of long island and new yo
if you pay the price of oil is high now, 35% of the world s seaborne oil went through the strait of hormuz last year, and mention of that was stopped. coming up, melissa francis is back showing us how they can keep it moving. an aircraft carrier helping with that dangerous job and will join us live from bahrain. stocks every 15 minutes, the floor of the new york stock exchange with lauren simonetti. traders reading between the lines and looking at what they heard. lauren: was asking several traders on the floor, there was probably a lot of short covering going on. volume is anemic right now, so a lot of window dressing, that is why we have such volatility. if you look at the intraday charts the market really get at 10-10. it came out and came back down a little bit. it hit 1804 after ben bernanke was speaking so now it has come down quite a bit. the fear gauge of the market right now. back to you. lori: federal chairman ben bernanke gave a much anticipated speech on policy th
the golf. the flood production system holding up. we go live to new orleans in moments. we are going to look at the cost of the damage this form is causing. our people properly insured for big storms like this? is government aid available land the insurance company s going to take after all is said and done? taking center stage at the rnc, we will go live to tampa for the latest on that and a close look at what the debt could do to the economy and treasury yields which are rising today. better than expected economic news on the wholesale markets off. let s talk about the equities market as we do every 15 minutes and go to the stock exchange. lauren simonetti covering the action. stocks slightly higher. that is the team all week. traders are really trying to keep their powder dry ahead of friday s symposiums so that is what we are seeing now and it looks like we are at the highs of the market in terms of the s&p 500. we have a better than a second hit on the gdp read and s
the northwestern fringes of the strongest band around the center are now over southeastern louisiana. gus over 70 miles per hour. you will see more of that kind of wind and heavier rain move onshore of alabama, mississippi and southeastern louisiana. conditions really are going downhill as the afternoon goes on. you can see on the satellite that in the southern part of the circulation and out to the east, there is perhaps a longer period of rain and wind that will occur. the north side has been a little thinner. when the south side comes to short it will really ramp up. when the center comes to shore, that is not the end of the event. it will be kind of the beginning. that is when the rainfall will really start to get solid four hours and hours. the forecast is for perhaps a little more strengthening before the system comes ashore. it could get a little stronger within this category one hurricane range. cannot completely rule out category two, no. generally speaking, the situ