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Coast as survivors of Superstorm Sandy pay their respects to what was lost when the storm roared ashore one year ago.
• To mark Tuesday's anniversary, residents of coastal neighborhoods in New York and New Jersey that suffered some of the worst flooding are honoring that terrible day in ways both public and private.
• On Staten Island, residents will light candles by the stretch of waterfront closest to their homes at 7:45 p.m. in a "Light the Shore" vigil. Along the Jersey Shore, people plan to shine flashlights in a symbolic triumph over the darkness that Sandy brought.
• It's a time of healing for many who suffered in Sandy's wake. But the day also brings back frightening memories for people who survived the waves and wind that lashed their homes.
• "People are terrified of the ocean, even though we've lived here all our lives," said Lily Corcoran, who lives in the New York City coastal neighborhood of Belle Harbor. "We're all terrified of the water and what it can do."
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• WASHINGTON (AP) -- A lot can change in six weeks.
• When the Federal Reserve last met in mid-September, almost everyone expected it to start reducing the stimulus it's given the U.S. economy to help it rebound from the Great Recession.
• It didn't. The Fed pulled a surprise by deciding not to slow its $85 billion-a-month in Treasury and mortgage bond purchases. Its bond buying has been intended to keep long-term loan rates low to support the economy.
• And now? After a 16-day partial government shutdown and a batch of tepid economic data, no one thinks the Fed will reduce its stimulus when it meets Tuesday and Wednesday. Many analysts now predict the Fed will maintain the pace of its bond purchases into next year.
• Blame the uncertainty surrounding Congress' budget fight and renewed questions about the economy's health.
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