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Weather Hurricanes

  • Hundreds of businesses in Rockport and Fulton are now open amid recovery efforts assisted by Aransas County and other government officials, the Corpus Christi Caller-Times reports. Harvey made landfall Aug. 25, leaving behind destroyed homes, businesses and infrastructure in Rockport, with about 10,000 residents. "There's no doubt you have natural assets,"...

  • Extreme weather cost the U.S. a record $306 billion

    This shatters the $215 billion record previously set in 2005, says the National Oceanic and Atmospheric Administration.

  • DALLAS— Financial experts say Texas sales tax collections for the last few months of 2017 increased by double digits compared to a year earlier partly because of the surge in rebuilding and other recovery from Hurricane Harvey. Sales tax is the largest source of general operating funds for Texas. Greg Abbott's office had estimated as much as $150 billion in...

  • Shoppers brave the snow to stock up on items at the Market Basket grocery store on Pleasant Valley Street in Methuen, MA.

    Low-temperature records could be broken across the broad region in the coming days.

  • Men with shovels walk on snow covered streets on January 4, 2018 in Atlantic City, New Jersey.

    The storm is the product of a rapid and rare sharp drop in barometric pressure also known as "bombogenesis."

  • Southeast and headed toward New England on Wednesday, adding snow, freezing rain and strong winds to a record-shattering cold already affecting much of the eastern United States. The extreme cold has stoked fears that a significant disruption could lead to a heating oil shortage, as inventories of distillate products, including heating oil, in the New England...

  • Southeast toward New England on Wednesday, bringing snow, freezing rain and strong winds to a record-shattering cold already affecting much of the eastern United States. The extreme cold has stoked fears that a significant disruption could lead to a heating oil shortage, as inventories of distillate products, including heating oil, in the New England and...

  • Southeast toward New England on Wednesday, bringing snow, freezing rain and strong winds to a record-shattering cold already affecting much of the eastern United States. The extreme cold has stoked fears that a significant disruption could lead to a heating oil shortage, as inventories of distillate products, including heating oil, in the New England and...

  • Puerto Rico's broken bonds

    CNBC's Leslie Picker reports on UBS settling with a family who lost $2 million on Puerto Rican bond funds created by UBS.

  • Residential neighborhoods near the Interstate 10 sit in floodwater in the wake of Hurricane Harvey on August 29, 2017 in Houston, Texas.

    Devastating natural disasters pushed global economic losses up 63 percent to $306 billion in 2017, Swiss Re says.

  • WASHINGTON, Dec 18- Two members of President Donald Trump's Cabinet are set to visit Puerto Rico on Tuesday to assess the U.S. territory's rebuilding in the three months since Hurricane Maria devastated homes, businesses and the power grid. Homeland Security Secretary Kirstjen Nielsen and Housing and Urban Development Secretary Ben Carson will travel to...

  • PATTON VILLAGE, Texas, Dec 12- When Hurricane Harvey sent two feet of water rolling into this small community about 35 miles north of Houston, Alfredo Becerra had to flee his modest 1,500- square-foot house. One month later, across the Gulf of Mexico in Big Pine Key, Florida, moving company driver Byron Keeble lost about $10,000 worth of belongings, including a new...

  • Sneakers hang from downed wires in the wake of Hurricane Maria in the Vietnam section of Guaynabo, Puerto Rico on October 1, 2017.

    Jose Carrion, chairman of Puerto Rico’s Financial Oversight and Management Board, discusses Puerto Rico's debt dilemma impacting rebuilding efforts after Hurricane Maria.

  • Owens Corning CEO says roofing is booming as home equity improves

    Jim Cramer spoke to Owens Corning Chairman and CEO Michael Thaman, who discussed the boosts his company has gotten from hurricanes and the housing market.

  • NEW YORK, Nov 17- The head of Puerto Rico's indebted utility has resigned following criticism of the slow restoration of power to the island after Hurricane Maria, the U.S. territory's governor said. Ricardo Ramos, who was named head of the Puerto Rico Electric Power Authority in 2016, was also criticized over controversial contracts. "I am hoping they do it as...

  • NEW YORK, Nov 17- The head of Puerto Rico's indebted utility has resigned following criticism of the slow restoration of power to the island after Hurricane Maria, the U.S. territory's governor said. Ricardo Ramos, who was named head of the Puerto Rico Electric Power Authority in 2016, was also criticized over controversial contracts. "I am hoping they do it as...

  • NEW YORK, Nov 17- The head of Puerto Rico's indebted utility has resigned following criticism of the slow restoration of power to the island after Hurricane Maria, the U.S. territory's governor said. Ricardo Ramos, who was named head of the Puerto Rico Electric Power Authority in 2016, was also criticized over controversial contracts. That is totally...

  • NEW YORK, Nov 17- The head of Puerto Rico's indebted utility has resigned following criticism of the slow restoration of power to the island after Hurricane Maria, the U.S. territory's governor said. Ricardo Ramos, who was named head of the Puerto Rico Electric Power Authority in 2016, was also criticized over controversial contracts. That is totally...

  • LAUNCESTON, Australia, Nov 13- U.S. crude oil is flooding into Asia, and may continue to do so as the arbitrage window that was initially created by Hurricane Harvey remains open, even though the disruption from the costliest storm to hit the Gulf of Mexico has faded. A record amount of U.S. crude is scheduled to arrive in Asia in November, according to vessel-tracking...

  • LAUNCESTON, Australia, Nov 13- U.S. crude oil is flooding into Asia, and may continue to do so as the arbitrage window that was initially created by Hurricane Harvey remains open, even though the disruption from the costliest storm to hit the Gulf of Mexico has faded. A record amount of U.S. crude is scheduled to arrive in Asia in November, according to vessel-tracking...