Congress Completes $60.2 Billion Sandy Relief Plan

Jan. 28 (Bloomberg) -- Congress completed a $60.2 billion aid package to help rebuild communities devastated by Hurricane Sandy three months after the storm struck the U.S. Northeast. The Senate cleared the legislation 62-36 today. It will provide $50.5 billion for victims’ needs and rebuilding of roads, bridges and mass transit systems. In addition, Congress passed a $9.7 billion increase in the national flood insurance fund’s borrowing authority on Jan. 4. (Source: Bloomberg)

Is Black Friday Losing Its Luster?
37:09 - Bloomberg's Lindsay Rupp reports on the performance of J. Crew Group. Bloomberg Gadfly Columnist Shelly Banjo discusses holiday season retailing. They speak on "Bloomberg Markets." Banjo's opinions are her own. (Source: Bloomberg)
  • In Association with DuPont: Cultivating Hope
  • Retailers Plan a Whole Year for Black Friday
  • How Will Fed Digest U.S. Economic Data?