Latest News Wires New York City at high financial risk for hurricane damage

A new report says the New York metropolitan area, including Long Island and northern New Jersey, could be hit with heavy financial losses in the event of a hurricane making landfall there.

By , Reuters

Gary Hershorn/REUTERS

When people think of hurricane damage they usually think of Miami or New Orleans, but a new report suggests the greatest financial risk of all may be much farther north: the greater New York City area.