Saturday, October 27, 2012

Your 12 hourly digest for Business News, Financial News, Business Headlines & Analysis - The Washington Post

Business News, Financial News, Business Headlines & Analysis - The Washington Post
The source for business news and analysis. Covering economic policy, business policy, financial news, economic issues, stock market data, local business, technology and more.
IMF study: Peak oil could do serious damage to the global economy
Oct 27th 2012, 16:44

The world isnt going to run out of oil anytime soon. But theresstill concern among various geologists and analysts that our oil supply wont grow as quickly or as easily as it used to. Well have to resort to harder-to-drill oil to satisfy our crude habits. More expensive oil. That would push prices up. And high oil prices could act as a drag on growth.

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How storms like Sandy batter insurance companies
Oct 27th 2012, 15:08

Weather forecasters certainly have a difficult job right now, trying to predict when an unpredictable frankenstorm will make landfall.

Theyre trying to make predictions a day or two in advance. And while thats tough, the most challenging predictions about events like Hurricane Sandy might be the ones that had to happen months and months ago.

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