Damage from Irene appears to be less than feared, a bit of reassuring news for a fragile economy.
From North Carolina to Pennsylvania, Hurricane Irene appeared to have fallen short of the doomsday predictions. But with rivers still rising, and roads impassable because of high water and fallen trees, it could be days before the full extent of the damage is known.
Although, initially a Category 1 hurricane and now only a tropical storm, Irene is testing flood-level records in New York City and in much of the Northeast, raising casualty loss estimates to $20 billion. Two days of lost economic activity, over a period of a week, is almost certain, and adds another $20 billion. Longer term, rebuilding and postponed business activity will make up much of the near term impact on the economy.
Hurricane Irene and the closure of at least 1,000 theater locations along the East Coast is expected to put a dent in this weekend's domestic box office.
From the 40th floor of the Millenium Hilton, the World Trade Center site below me is oddly quiet. There are very few construction workers on site. The crane above Building 4 is directly across from me.
From emergency preparation to landfall, see how the Northeast is impacted by Hurricane Irene.
Alan Blumberg, Phd, Consortium for Climate, discusses the best and worst case scenarios of when Hurricane Irene hits New York City.
The week's top business and investment news, including Hurricane Irene and banking plays.
Lou Pastina, NYSE Head of Trading Floor Operations, discusses whether the NYSE plans to be open for business on Monday.
Nate Silver, everybody's favorite stats guy, runs some numbers on the economic damage a direct hurricane strike on Manhattan would do.
The "Fast Money" traders discuss possible ways to trade this massive storm.
How likely is it that on the East Coast of the U.S., in the same week, an earthquake is felt and a hurricane makes landfall? Statistically speaking, this should occur only once every 128 years.
With more than 50 million people potentially in Hurricane Irene's path, residents along the US east coast stocked up on food and water and worked to secure homes, vehicles and boats.
CNBC's Darren Rovell takes a look at the demand on retailers as residents prepare for the upcoming storm, and the Fast Money traders take a look at insurance stocks that will move on damages caused by Irene.
Some analysts say the storm could cost insurers billions of dollars. A look at the top insurers and how they are trading today, with J. Paul Newsome, Sandler O'Neill & Partners; Meyer Shields, Analyst, Stifel Nicolaus, and CNBC's Bob Pisani.
CNBC's Sharon Epperson takes a look at how refiners are preparing for Hurricane Irene.
Insight on the exchange's contingency plans, with Lou Pastina, NYSE Euronext head of floor operations and CNBC's Bob Pisani.
James Rogers, Duke Energy Chairman, president/CEO, shares his company's efforts behind the preparation for Hurricane Irene and breaks down the cost of restoring service.
CNBC's Kayla Tausche has the story on how residents in North Carolina are preparing for the hurricane.
CNBC's Courtney Reagan has the details on New Yorkers preparing for a possible evacuation in anticipation of strong storm surges from Hurricane Irene.