Cheat Sheet - Live Updates: Where's Sandy Now?

Today: Where's Sandy Now? , How Sandy Could Sock Romney , Markets to Stay Closed October 29, 2012 STORMY 1. Where's Sandy Now? This one is living up to its hype: Hurricane Sandy is barreling toward the East Coast at terrifying speed, according to the latest radar tracking, and is expected to make landfall near New Jersey early this evening. Its effects are already being felt: In New York, the stock market will close for a second day on Tuesday, the first weather-related shutdown to last this long since 1888. Schools and mass transit will also remain shuttered, and airlines have canceled at least 12,000 flights. Up and down the coast, water levels are surging; Atlantic City, N.J., is under several feet of water.See the shocking photos here, and check The Daily Beast's Sandy hub for more updates. Read it at The Daily Beast FALLOUT 2. How Sandy Could Sock Romney At a White House press conference this afternoon, President Obama was careful to note that he is "not worried" about the storm's potential impact on next week's presidential election. But Mitt Romney ought to be—he was on a roll before the hurricane upended the campaign. The Daily Beast's Howard Kurtz on why Frankenstorm could hurt Mitt far more than it could hurt the president. Plus, James Warren talks to top aides about Obama's Sandy strategy. Read it at The Daily Beast FORECAST 3. Markets to Stay Closed Tuesday The U.S. stock market closed Monday and will also shutter trading on Tuesday as Hurricane Sandy looms over the East Coast. Some banks are in evacuation zones, and many employees were expected to work remotely. Stock-index futures fell as the storm barreled toward New York City as the markets endured the first cease in trading for weather since January 1996. Futures on the Standard & Poor's 500 fell 0.5 percent in the early hours of Monday morning. Read it at Bloomberg RAIN DELAY 4. Labor Dept. May Hold Jobs Report Hurricane Sandy is literally putting a damper on everything—even everyone's favorite monthly data announcement. The U.S. Labor Department is waiting until the "weather emergency" subsides to determine whether they'll go ahead with the Friday release of October's jobs report. The U.S. Census Bureau is also deliberating whether or not it will hold onto the economic reports it had planned to release this week. Typically influential on political polls, October's jobs report will be the last released before Election Day.  Read it at Wall Street Journal INTENSE 5. Sandy Wind Gusts Hit 115 mph Hurricane Sandy is intensifying as the storm bears down on the East Coast. The storm has sustained winds of 90mph and wind gusts of up to 115mph. Water levels are already more than five feet higher than normal tidal predictions in some areas and are expected to rise. Roughly 116,000 customers in seven states had lost power as of Monday afternoon. During a press conference, President Obama urged everyone to obey authorities, saying "If the public's not following instructions, that makes it more dangerous for people." He added that transportation will be down for a "long time" and to expect long power outages. "This is gonna take a long time for us to clean up," he said. Read it at CNN Hurricane Tree Hits Woman in Brooklyn As the city prepares for Sandy. HORROR Alleged Killer Nanny Awakens Asks about her family. NO END IN SIGHT Syrian Planes Bomb Damascus As ceasefire comes to naught. NOT SANDY'S FAULT Anderson Cooper's Talk Show to End Will end after summer 2013. 'Stupid Hurricane' Kimmel Cancels Brooklyn Show Due to severe storm. GET The Cheat Sheet A speedy, smart summary of news and must-reads from across the Web. You'll love the featured original stories on politics, entertainment, and more from The Daily Beast's diverse group of contributors. GET Culture Beast Weekly cultural recommendations from The Daily Beast. New Orleans' Advice for New Yorkers As the East Coast braces for Hurricane Sandy, we hit the streets of the Crescent City for tips on how to prepare, endure, and recover from a monster storm. Everyone got their booze handy? More Videos A Hurricane Reading List: by Malcolm Jones , Nicholas Mancusi , Jimmy So , Lucas Wittmann Shocking Sandy Photos by Malcolm Jones , Nicholas Mancusi , Jimmy So , Lucas Wittmann The Case Against Legal Weed by Tony Dokoupil

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