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Top News & Analysis Houston

  • *Europe, Asia traders rush to reroute cargoes to Americas. HOUSTON/ NEW YORK, Sept 1- Retail U.S. gasoline prices surged to two-year highs and global shipping routes were scrambled on Friday even as some of the nation's refiners restarted as Storm Harvey lost strength. The storm, which began as a hurricane a week ago, has roiled global fuel markets, and tankers...

  • DETROIT, Sept 1- The Big Three Detroit automakers on Friday reported better-than-expected August sales and issued optimistic outlooks for demand as residents of the Houston area replace flood-damaged cars and trucks after Hurricane Harvey, sending their shares higher. Still, analysts focused on the potential for Detroit automakers to cut inventories and...

  • DETROIT, Sept 1- The Big Three Detroit automakers on Friday reported better-than-expected August sales and issued optimistic outlooks for demand as residents of the Houston area replace flood-damaged cars and trucks after Hurricane Harvey, sending their shares higher. Still, analysts focused on the potential for Detroit automakers to cut inventories and...

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • Entergy CEO: We've already restored power to about 300,000 customers

    Leo Denault, Entergy chairman & CEO, discusses his company's efforts to get electricity back to all customers affected by Hurricane Harvey.

  • FORD SALES CHIEF: TOTAL LOSSES IN HOUSTON DEALER INVENTORY ARE "LESS THAN WE INITIALLY FEARED".

  • The University of Michigan's consumer sentiment index rose to 96.8 in August from a final reading of 93.4 the month before. "The Sentiment Index has been higher during the first eight months of 2017 than in any year since 2000, which was the peak year of the longest expansion in U.S. history," said Richard Curtin, chief economist for the Surveys of Consumers.

  • Arkema president: We expect further container degradation

    CNBC's Scott Cohn reports on the refinery situation in Texas as refiners attempt to get back online, and an update on Arkema's chemical fires.

  • Houston Astros return to Minute Maid Park

    Jim Crane, Astros chairman, talks about returning to Houston to play on Saturday in what will surely provide a much-needed boost to the city.

  • Medical units mobilize to deliver patients to care centers after Harvey

    CNBC's Contessa Brewer reports on medical teams delivering critical care to patients after Hurricane Harvey.

  • Katrina vs. Harvey: Which storm will prove the costiest in US history?

    CNBC's Kate Rogers breaks down the numbers on Hurricane Katrina and what economists are saying is different about Hurricane Harvey.

  • *Europe, Asia traders rush to reroute cargoes to Americas. HOUSTON/ NEW YORK, Sept 1- Retail U.S. gasoline prices hit two-year highs and global shipping routes were scrambled as the nation's largest refiners remained shut on Friday, even as Storm Harvey lost strength. The storm, which began as a hurricane a week ago, has roiled global fuel markets, and tankers carrying...

  • Could be weeks, months before oil returns to 'normalcy': Dennis Gartman

    Dennis Gartman, The Gartman Letter, talks about bifurcation in the energy space after Hurricane Harvey as oil prices dip and gasoline prices soar.

  • *Europe, Asia traders rush to reroute cargoes to Americas. HOUSTON/ NEW YORK, Sept 1- Retail U.S. gasoline prices hit two-year highs and global shipping routes were scrambled as the nation's largest refiners remained shut on Friday, even as Harvey was losing strength. The storm has roiled global fuel markets and tankers carrying millions of barrels of fuel have...

  • Flares signal refiners attempting to restart in Houston

    CNBC's Scott Cohn reports on the refinery situation in Texas as refiners attempt to get back online, and an update on Arkema's chemical fires.

  • Officials estimate more than 100K homes damaged by Harvey

    CNBC's Contessa Brewer reports on cleanup efforts by homeowners in the wake of Hurricane Harvey.

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...

  • WASHINGTON/ HOUSTON, Sept 1- Nearly a week after Hurricane Harvey swamped her home in northeast Houston, Mimi Wilson is pondering how to start a new life with nothing- no house, no car and no paycheck after missing work. FEMA's response to tens of thousands of storm victims such as Wilson will be closely watched as the agency continues to repair an image badly damaged...