4 Stories

Goldman Analyst Bullish on Stocks' Recovery

Cohen predicts S&P to gain 10% by Jan 2010

(Newser) - A top Goldman Sachs forecaster predicts the recovery in stocks that began in March should hold, Reuters reports. The S&P 500 could rise as much as 10% from its current level to top 1,050-1,100, says Abby Joseph Cohen, the chief of Goldman’s investment policy committee. "... More »

El Niño Returns to Pacific, May Limit Atlantic Storms

(Newser) - An El Niño has developed in the Pacific, a boon to Americans living near the Gulf of Mexico and Atlantic coast who can expect fewer hurricanes as a result, the Palm Beach Post reports. The NOAA reported the conditions in June, and they could keep up through winter. “... More »

FAA May Shut 20 Air Traffic Weather Offices

Under plan, 2 forecast centers would serve entire country

(Newser) - The FAA may close 20 weather offices in air traffic control centers across the US, and instead connect all air traffic controllers to a pair of stations in Maryland and Missouri, the Washington Post reports. The money-saving plan would mean cutting controllers’ face-to-face contact with weather officials, something technology has... More »

'09 Will Be Relatively Light on Hurricanes: Forecaster

(Newser) - The star forecasters at Colorado State University are revising their predictions for the 2009 hurricane season down due to cooler ocean temperatures, Reuters reports. Between June and December, the Atlantic will see 12 tropical storms, six of which may develop into hurricanes. Two of those hurricanes could blow harder than... More »

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