HURRICANE

Hurricane Irene shut down the neon lights on Broadway, and substantially reduced commercial activity over the weekend -- including canceling thousands of flights, but the storm's economic damage will likely be far less than originally predicted. In particular, New Yorkers, for the most part, feel like they were spared.

Uncounted thousands remain vulnerable to continued flooding.

Dozens of homes in the Diamond State were damaged or destroyed by fierce winds; while many roads remain impassable due to fallen tree limbs and power lines.

Hurricane Irene has left the U.S. East Coast but the update in the aftermath reveals a path of destruction, as the storm plodded along 1,100 miles of coastline while inflicting whipping and drenching impact. Clean will likely take months, and damage could near $20 billion on all.

While it is still early in the recovery process for Hurricane Irene, given weaker-than-expected wind speeds, particularly for the New York metro area landfall, FBR Capital Markets believes it is safe to say that loss expectations are lower than many investors thought last Thursday and Friday when forecasts shifted to show a more inland path for the storm.

Hurricane Irene's path over the weekend caused havoc by taking at least 21 lives across the United States. The hurricane has also forced Samsung to delay its Galaxy S2 smartphone, which was expected to come to the U.S. on Aug. 29.

The Atlantic City casinos, which were shut as Hurricane Irene moved toward the city and the rest of New Jersey, will reopen at noon on Monday.

Hurricane Irene's impact on New York City proved not as severe as feared, since winds did not reach hurricane force, above 74 mph.

U.S. President Barack Obama on Sunday warned that flooding from Hurricane Irene could worsen as rivers flood their banks and said federal recovery efforts would last a few weeks.

Hurricane Irene surged through New York City on Sunday flooding waterfronts and low-lying areas, but America's most populous city avoided the mass devastation some had feared.Irene was downgraded to a tropical storm on Sunday morning and was headed next to pass over parts of Massachusetts and Rhode Island.

Reporting live about Hurricane from Ocean City, Maryland Sunday, Tucker Barnes, a TV reporter for WTTG, was drenched in what he described as organic matter that doesn't taste great.

Was the Hurricane Irene Path Evacuation and transit system shutdown ordered by New York Mayor Michael Bloomberg wrong?

A final decision on whether to cut power to Lower Manhattan due to storm surges has not been reached, said New York power utility Consolidated Edison, or Con-Ed, said Sunday, but flooding in the area appeared to be less severe than expected.

In Washington, Federal Emergency Management Agency (FEMA) officials said it would take several days to begin complete cost estimates of damage caused by the storm, and to determine how long it will take be before transportation systems in the East Coast Boston-New York-Philadelphia-Washington corridor will be back to full service.

Granted, if Irene had crossed closer to Manhattan, I’d be singing a different tune.

At least five storm-related deaths have been recorded in the state.

Hurricane Irene had weakened to a tropical storm when it made landfall in New York City, with winds of 65 miles per hour. But further south, states were not so lucky. Power is out in many places and transportation is still hampered across much of the East Coast, and with major airport hubs downed, the ripple is affecting most of the world. Now focus turns to restoration and recovery as the weekend rolls in the business week. Join IBT staff as we live blog the recovery efforts and continued devel...

Even as rains and wind from Hurricane Irene's path began to lash the coast of North Carolina Friday, much of the Eastern seaboard braced for the massive storm as it targeted such major cities as New York and Boston Sunday morning.

Massachusetts residents were spared the bulk of the wrath of Hurricane Irene, as it was downgraded to a tropical storm Sunday morning as it entered the Bay State. Nevertheless, the storm uprooted hundreds if not thousands of trees and power lines, and caused extensive flooding.

Hurricane Irene had weakened to a tropical storm when it made landfall in New York City, with winds of 65 miles per hour. But further south, states were not so lucky. Power is out in many places and transportation is still hampered across much of the East Coast, and with major airport hubs downed, the ripple is affecting most of the world. Now focus turns to restoration and recovery as the weekend rolls in the business week. Join IBT staff as we live blog the recovery efforts and continued devel...

New York dodged a big bullet as Hurricane Irene weakened early Sunday on approach, but America's largest city and the surrounding area in particular didn't dodge significant impact from the storm's path and might. Hurricane Irene had weakened to a tropical storm when it made landfall in New York City, with winds of 65 miles per hour. One hour earlier the storm had taken a toll on New Jersey and Long Island, knocking out power for most, downing big trees, and causing flooding in the are...