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A nascent recovery in the housing market helped Home Depot report higher quarterly sales and earnings on Tuesday.
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CNBC's Courtney Reagan has the details on the storm damage; CNBC's Bob Pisani reports that the flooding in downtown Manhattan is not so bad and some form of trading will be likely tomorrow due to all systems being fully operational.
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CNBC's Brian Shactman takes a look at the Tweets from businesses and government, and Scott Nations, NationShares says the flooding in lower Manhattan was less than expected so the broad markets will likely be open tomorrow morning.
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Paul Walsh, The Weather Channel meteorologist shares retail losses due to the storm, and Jim Cantore, The Weather Channel, takes a look at downtown Manhattan, while Delaware governor Jack Markell shares how his state fared during the storm.
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The storm will weigh heavily on oil and gasoline prices, says Stephen Schork, The Schork Report, and Robert Hartwig, Insurance Information Institute tells CNBC that the damages will most likely be estimated in multi-millions of dollars.
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CNBC's Courtney Reagan has the story on Hurricane Irene being downgraded to a tropical storm, and the damage the hurricane has brought along the East Coast; CNBC's Bob Pisani has a look at the Financial District facing flooding raising questions as to whether the stock exchanges will be open tomorrow. CNBC's Darren Rovell surveys the damages to businesses on Mantauk, NY, and insight on consumption during the storm, with Paul Walsh, meteorologist. Finally, JetBlue CEO Dave Barger explains when the airline will return to service after thousands of flights have been canceled.
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Peter Morici, University of Maryland professor, weighs in on the short-term and long term impacts on jobs and the economy.
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CNBC's Phil LeBeau takes a look at the flights flying around the New York tri-state region, reporting that thousands of flights have been canceled. The storm has had rippled affects in the travel industry. Robert Crandall, former AMR chairman/CEO, weighs in on how the airline industry prepares for storms, and CNBC's Mary Thompson has the story on Cape Cod's precautions for storm damage.
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The cleanup is about to begin and someone is going to have to pay the bill, reports CNBC's Eamon Javers. Tom King, National Grid, reports on power in Long Island and the New England area.
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CNBC's Courtney Reagan & Brian Sullivan report that Irene has been downgraded to a tropical storm. CNBC's Darren Rovell is in Montauk and says the high tide has come and gone, but is being followed by 60mph winds. And pieces of the roof on the hotel where he's staying are gone. And meteorologist Todd Gross tracks the storm up the coast.
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Jim Iuorio, TJM Institutional Services, discusses the likelihood of trading tomorrow, and how the market is likely to react to Irene. Brian Sozzi, retail analyst with Wall Street Strategies, discusses the hurricane's impact on earnings.
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Paul Walsh of the Weather Channel discusses the impact as Hurricane Irene settles in over New York City, and says it's too early to tell the final cost. CNBC's Bob Pisani
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A look at what FEMA and the National Guard are doing in states along the East Coast, including President Obama's statement to the people at FeMA. CNBC's Eamon Javers reports from Washington. And The Weather Channel's Todd Gross reports on Irene as it crosses over New York City. He says the flooding looks to be fairly minimal. But CNBC's Darren Rovell reports on the situation from Montauk.
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The Weather Channel's Paul Walsh talks about the economic impact of Hurricane Irene, and the benefits for retailers. Suzanne Roche, a Sears store manager in Wilmington, NC, discusses the store being open for business and what she expects in the next few days.
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Alphonso Quiroz, of Con Edison, discusses Hurricane Irene's impact on electrical power in New York City. Currently, about 80,000 people are without power, according to Quiroz.
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The Financial District in New York City braces for the worst from Hurricane Irene. CNBC's Bob Pisani reports on whether the market will open for trading tomorrow.
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CNBC's Darren Rovell is on the beach at Montauk, which is being hit hard by Hurricane Irene. Al Roker is tethered to a bench on Long Beach Island, and the latest from New York City, with The Weather Channel team.
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Kevin Book, Clearview Energy Partners, looks at the energy trade following Hurricane Irene on Monday. Book says this shouldn't have a significant impact on oil prices, and is not really an investible event. Also, a look at the impact on the markets going into Monday. David Greenberg, Sterling Commodities and Jim Iuorio, TJM Institutional Services, discuss. And a lifeguard house is washed away on Long Beach Island, with NBC's Al Roker.
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CNBC's Sharon Epperson looks at the impact of Hurricane Irene on the refineries that operate along the East Coast. And John Eichberger, NACS, discusses the impact of the hurricane on gas sales at convenience stores.
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Victoria Lupica, Philadelphia International Airport, discusses the situation for air travel in Philly.
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CNBC's Michelle Caruso-Cabrera offers an update on the devastation wrought by Hurricane Irene. Meteorologist Todd Gross offers the latest on the storm's path. Also, Connecticut Governor Dannel P. Malloy warns of conditions in his state. And CNBC's Bob Pisani looks at conditions at Wall Street. The Weather Channel's Paul Walsh looks at the insurance impact.