NEW JERSEY

Hurricane Irene swept through Manhattan on Sunday but reserved the worst of its fury for towns and suburbs up and down the northeastern United States where driving rain and flood tides inundated homes and cut power to millions.

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.

New York has lifted an unprecedented evacuation order in place for Hurricane Irene and the New York Stock Exchange will open Monday, but New York area airports will not reopen until at least late Monday, officials said. New York's transit system including subways that serve eight million people each weekday were closed in advance of Hurricane Irene. Also, all New York area airports were closed. But the evacuation was lifted Sunday afternoon, and the New York Stock Exchange says i

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.

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...

More than three million residents along the U.S. East Coast are left without power Sunday as Hurricane Irene cut a damaging path. Eleven lives have also been claimed in the storm.

Hurricane Irene downgraded to a tropical storm Sunday, making landfall in Coney Island, N.Y., sending sea water running across boardwalk and down some low-lying streets in Manhattan and other boroughs, as well as power outages.

While Hurricane Irene was downgraded to a tropical storm Sunday morning, it hit New York City and New Jersey with wind, rain and flooding waters.

World stocks rose 1 percent and the dollar fell on Friday as Federal Reserve Chairman Ben Bernanke left the door open for future U.S. economic stimulus.

Hurricane Irene swept along the New Jersey shore early on Sunday, knocking down trees, flooding streets and leaving thousands of people without electrical power.Reports from the National Weather Service suggested that Irene fell short of the most dire predictions that it could drop up to a foot of rain and pack 75 mile per hour winds.

Hurricane Irene knocked out power to 3.3 million homes and businesses along the East Coast, forced two nuclear plants to shut and idled oil ports and refining as it approached New York City early on Sunday.

Hurricane Irene knocked out power to 3.3 million homes and businesses along the U.S. East Coast, forced two nuclear plants to shut and idled oil ports and refining as it approached New York City early on Sunday.

More than 600,000 people in the region are also without power.

Congratulations New York. You can really weather a storm. First this week there was an earthquake, registering 5.8 on the scale. That rattled some nerves, but the city, calmly, came out just fine. Today, Hurricane Irene cut a path to the city, but just before 10 a.m., the worst has passed, the sun is peaking out and the rain has let up to a trickle.

Hurricane Irene is not a hurricane any more: it was demoted to a tropical storm after its sustained winds fell below 74 mph to an average of 55 mph.

New York may have dodged a big bullet as Hurricane Irene weakened early Sunday but America's largest city isn't dodging major impact from the storm's path and might. Irene weakened to barely hurricane as it approached New York early Sunday morning and hurricane force winds were expected to spare the city, but the storm has rattled windows and been driving heavy rain since the early morning hours.

Hurricane Irene began her attack on the East Coast on Saturday -- killing at least 8 and leaving more than a million people without power.

Hurricane Irene is expected to to make uninvited ports-of-call to Washington, Baltimore, Philadelphia, and New York this weekend. President Barack Obama is leading the federal response effort and says the U.S. Government is prepared to meet the enormous human, resource, and infrastructure needs that the storm is likely to trigger.

Hurricane Irene charged up the U.S. eastern seaboard on Saturday as a weakening but dangerous storm that shut down New York City and threatened to inflict massive blackouts and flooding.

At least three people have been killed in North Carolina by Category-1 hurricane Irene, which has also knocked out power to more than 227,000 homes and businesses, suffering from 85 mph winds.