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<p>The streets surrounding the New York Stock Exchange are deserted as financial markets remain closed for the second day due to superstorm Sandy on Tuesday. Superstorm Sandy could mean a slower economy and higher gas prices in coming months, though reconstruction will help cushion the economic blow.</p>

<p>The streets surrounding the New York Stock Exchange are deserted as financial markets remain closed for the second day due to superstorm Sandy on Tuesday. Superstorm Sandy could mean a slower economy and higher gas prices in coming months, though reconstruction will help cushion the economic blow.</p>

October 31, 2012

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Storm's cost may hit $50 billion
October 31, 2012 9 p.m.

Storm's cost may hit $50 billion

Economists believe rebuilding could help ease blow

WASHINGTON - Superstorm Sandy will end up causing about $20 billion in property damages and $10 billion to $30 billion more in lost business, according to IHS Global Insight, a forecasting firm.