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Texas have been hit with the same arctic blast. there were rolling blackouts there after power use hit a record high. in several other states an ice storm knocked out power and caused a lot of damage. here now is barbara pinto. reporter: in the wake of this monster storm, 2,000 miles of misery from oklahoma to new england. a dangerous mix of ice, wind and snow that toppled live power lines, knocking out heat and electricity in freezing temperatures. how have you been heating your house? light the furnace. reporter: by furnace. richard andrews means his kitchen stove. at the height of the storm more than 250,000 people lost power in ohio, filling shelters. when we left the house it was about 40 degrees. and we expect it to get a whole lot colder, so that s why we re here. reporter: this is the problem. every single one of the power lines here is crusted in thick, heavy ice. ....
Into the commodities, what investors tell us what they feel about the economy and buying gold and silver tells us they re worried. gold is safe. investors are unsure of where the economy is headed so they want their money parked in something that s a sure bet. that s why gold hit a record of $1,284.40 an ounce. despite that, though, stocks set to rise today at the open. mostly because of some big gains in the tech sector. oracle shares up 4% in the pre-market. research in motion which make it is blackberry up 5%. both companies reported double digit percentage growth in profit and sales last quarter and shows that every day americans and businesses spending the money on technology and that will help the economy eventually. research in motion shipped record 12 million blackberries. wall street is worried people ....
Detailed text transcripts for TV channel - FOXNEWS - 20110725:20:23:15 vimarsana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vimarsana.com Daily Mail and Mail on Sunday newspapers.
Detailed text transcripts for TV channel - FOXNEWS - 20110725:20:23:30 vimarsana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vimarsana.com Daily Mail and Mail on Sunday newspapers.
Marker, that is the date of the japan quake and tsunami. we saw it climb back up over the course of a month up until april 8th. april 8th gold hit a record as well as oil hitting a high of 113 per barrel. gold was 1473 per ounce. for oil that s a price not seen since 2008 by the way, then we saw the markets start to fall. here, new gold set a record around april 19th. 1,500 ads nounsed. that hit the psychological barrier as investors pushed more money into the safe haven. over the past few weeks we ve been talking about the euro zone and those debt fears there. that s been second shock waves to the markets. that s where we re at now. a quick look at australia s asx as well. we see a similar picture here. march 11th, the quake there. we see the highs in commodity prices, gold and oil, along with the euro zone debt fears as ....