Average americans are not buying stocks. An said he will to 2018 to fixing facebook. Why he views it as a personal challenge. But we begin this morning with a look at todays eye opener, your world in 90 seconds. Right now its pretty tough. Its like a hurricane. This wind is vicious. A deadly storm ravages the east coast. Wow. Its all about the cold. A big bitter blast of cold air is coming down from the arctic. More than 4,000 flights are already canceled up and down the east coast. The highly anticipated book about President Trump comes out ahead of schedule despite defiance. Complete fantasy and full of tabloid gossip. Trump tried to stop Jeff Sessions from recusing himself. Theyll hold their first formal talks. The military is delaying its military exercises. Alex trebek is taking a break from jeopardy as he recovers from brain surgery. I expect to be back very, very soon. All that a couple of girls got stuck on a ski lift. And all that matters it was a white out for the new England Patriots. Bill belichick told them no excuses. How about one day off . Come on. Theyre not even playing on sunday. On cbs this morning. Bombogenesis. What was it . Bomb cyclone . Thats not a weather term, by the way. Boo. Its a bomb cyclone. Ow . Announcer this mornings eye opener is presented by toyota. Lets go places. Welcome to cbs this morning. Im Norah Odonnell with jeff glor and alex wagner. Gayle king is off. Happy friday, ebb. Happy friday. Happy friday. Millions of people on the east are waking up to massively low temperatures. It dropped 18 inches of snow on new yorks long island and more than a foot in boston. Surging tides and hurricaneforce winds blasted new england. At least 19 deaths are blamed on the weather. Windchill advisories talk about the cold from virginia to maine. It felt like 22 below zero this morning in buffalo, noncht don dahler is in hardhit boston to show us the damage. Good morning. Reporter good morning. I want to show you. The waters at Boston Harbor are 15 feet below where i am standing now. But this whole area yesterday was under water as the seawater flowed into the streets and bagsmentes of downtown boston. In fact, it was the worst coast at flooding here in 40 years. And now that the temperatures are plummeting, thats all turned to ice. From massachusetts to connecticut to maine, surging ocean tide and wind gusts of more than 70 Miles Per Hour slammed into new england. There used to be a seawall here. Reporter record coastal flooding and a disastrous storm. It was coming down. It was like up to my waist. I couldnt get back. Reporter in massachusetts the National Guard used high water trucks and even a bucker loader to help families stranded in their homes. It was scary. I wanted to get out. They came up to the front door and he put me over his shoulders and put me in the car. Reporter furtherer north in boston icy waters flooded downtown and a subway station. Firefighters didnt let it stand in their way. Using rafts in the kneedeep water to bring people to safety. This is the first time weve ever seen it up to this level. Its in my driveway now. Reporter its not been seen since the blizzard of 1978. Boston mayor marty walsh. If anyone wants to know about global warming, look at the flood zones. Reporter its frigid out here. Temperatures are expected to go below zero this weekend. Any of these streets that havent been adequately cleared or salted will freeze over making for dangerous driving. Norah . I im wore im worried about. Thank you, don. Heavy snow created slippery conditions and difficult commuting. It dumped more than a foot of snow in seven states. Massachusetts had more than 17 inches, maine more than 18. Jericka duncan, good morning. Reporter good morning, norah. Where im standing was filled with water at the peak of the storm, causing beach erosion, which you can see right here, and even putting homes like this behind me at risk of literally washing away. As for the snow, at least 13 inches fell here in saco, and throughout the east coast, it was a similar story. Vicious winds, heavy snow, brutal cold. It was affecting everyone everywhere. From virginia to new york, cars were no match for the slick and snowcovered roads. In salisbury, maryland, even the snow plows struggled in the treacherous conditions. In boston, snow removal continued into the night to prepare for the morning commute. In new york city, the iconic billboards were barely visible through the snow. The snow dumped more than a foot of snow in parts of maine. Along the coast, powerful winds led to some of the worst tidal flooding in four decades. Where i grew up and childhood memories are being washed away. Reporter literally. Literally, yeah. Reporter he had seen how an eroding coastline in sacco, maine, threatens homes. And thursday he watched the storm pound the area once again. Whats kind of going through your mind . Cross your fingers. Really, cross your fingers and hope for the best. Reporter it is freezing out here. Actually below freezing. And temperatures are expected to go even lower over the weekend. In fact, it wont get above freezing in portland, maine, until tuesday. And the last time that even happened was nearly two weeks ago on christmas eve. Jeff . Its so sad to see the memories washed away. Meteorologist Danielle Niles of our boston station wbz shows us just how cold its going to get. Good morning. Good morning to you. We have freeze warnings up to southern florida. Windchill advisories and warnings all all the way from north dakota to Eastern Maine and South Carolina with the core of the cold air focused from the midwest to new england. These are forecast windchill values of 15 to 35 below zero for tonight. For tomorrow night and even into sunday morning well see a little bit of a reprieve here in the midwest late on sunday but still feeling like 10 to 25 below zero. Record cold territory, too, in terms of high temperatures. Teens and Single Digits today and for saturday. But there are signs even though the cold will hang on from the Northern Plains to the midwest that we get a bit of a break with a mid to late january thaw from the east coast. Back to you. Danile, thanks. Airlines are working to clear backlogs. All three major new york airports were crippled yesterday. Laguardia and jfk reopened last night, but Newark Airport is just starting to reopen this morning. There were more than 100 diversions yesterday including this massive airbus a380 head from frankfurt, germany. The tellall book tt caused the dramatic breakup between President Trump and his former chief strategist is on sale this morning. That is four days earlier than planned. Fire and fur shows steve bannon and other white house officials questioning president on how to do his job. The president tweeted last night that the book is, quote, full of lies, misrepresentations, and sources that dont exist. Look at this guys past and watch what happens to him and sloppy steve, referring to steve bannon. Chip reid is at the white house watching the spreading fallout. Good morning. Reporter good morning. Here it is. In this book Michael Wolff rights that steve bannon said there was a 33 chance that the Mueller Investigation would lead to the impeachment of President Trump and a 33 that trump would resign. Hes not going to make it, he says. Hes lost his stuff. Reporters asked President Trump thursday whether he felt betrayed by his former strategist stephen bannon. I dont know. He called me a great man last night, so he obviously changed his tune pretty quick. Reporter bannon spoke highly of the president the night before but the book raged on. The president s lawyer charles harder demanded that the books publisher cease and desist any further publication or face a lawsuit. The publisher brushed off the lawsuit moving the selling date from tuesday to today. It talks about dysfunction at the white house and about President Trump. It says that his significance had decreased and focus had notably declined. In an article for the Hollywood Reporter wolff continues he has used words that are like a child, he writes. They all 100 believed he was incapable of functioning in his job. Its disgraceful and laughable. Reporter White House Press secretary Sarah Huckabee sanders denied those claims. As for why he continued to talk to Steven Bannon for months after firing him, President Trump dismissed it. I dont talk to him. I dont talk to him. Thats just a misnomer. Reporter the fallout from the book has not done much good for bannon either. White house officials urged bannons longtime benefactor Rebecca Mercer to cut all ties with him in the aftermath of fire and fury. Thank you very much. The author of fire and fury will be here at cbs on monday. In the introduction, wolff calls the book, quote, a version of events i believe to be true. Other people are backing up wolf fs recording. To be clear, bannon had a fondness for donald trump but i cant say he he almost had a paternal role to donald trump. Like he was above donald trump . He was in control of donald trump. Reporter she said it was mindblowing that the president spoke that frankly in front of lawyers. The New York Times and Associated Press say the white House Counsel spoke to sessions but he refused to change his mind. Mueller is looking at whether that could be an obstruction of justice. Overnight the Justice Department responded to the report which also alleged that attorney general Jeff Sessions send an aide to dig up dirt on then acting fbi director james comey. Four days before fbi director james comey was abruptly fired by the president last may, according to the New York Times, one of sessions aides asked whether he had damaging information about mr. Comey, which was part of an apparent effort to undermine the fbi director. They said this would not happen and did not happen. They also write when sessions refused to stop recusing himself, the president erupted in anger saying he needed his attorney general to protect him. The book also including a meeting aboard air force one in july that could lead to obstruction of justice. According to Michael Wolff, the president , hope hicks, jared iva huddled. The decision, say the meeting was primarily about russian adoptions by americans, which was false. Trump junior later acknowledge the meeting was convened because he was told the russians had negative information, about Hillary Clinton. Do you believe the president is in grave legal jeopardy . I dont think i would put it at that level of warning. Where would you put it . He is in a most serious situation with the special counsel looking right at him. According to the New York Times, President Trump described the Russian Investigation as fabricated and politically motivated in a letter to then acting fbi director james comey, but white house aides stopped him from sending that letter. Jeff pe gaze, thank you so much. Stocks opened in record territory after passing another big milestone. For the first time the dow passed 25,000 on thursday. Thats the third record high in trading days of the new year. Cbs Financial NewsMellody Hobson is in chicago. Good morning. What a start to the new year. Whats fueling this growth . Wow is all i can say. We broke through lots and lots of records land year. A lot of it has to do with corporate profits have been strong. Should only get better because of the recent tax cuts. Unemployment is really low. The economy, not just in america but around the world is really strong. And not to mention the fact that some of these deregulation efforts will push a lot of industries to make it easier for them to dos by. So is there is a lot to push the stockmarket up. I look to the front page of the wall street journal and they point out despite the surge small investors have pulled their money out. Why . Because theyre suffering from what i call posttraumatic stress disorder from the financial crisis. Small investors have mostly sat on the sidelines because the financial crisis really scared them. As a result, theyve missed out on the direct ownership of stocks but they indirectly own it through 401 k plans and pension plans. So a lot of them have benefitted. Mellody, what about americans who dont own stocks. How do you explain that discrepancy . So wage growth has been very, very slow, very low, and this is something that has confounded a lot of economists. A lot of this has to do with, in fact, again, coming out of the financial crisis, unemployment surged, and people gave up looking for a job. They said, im done. As the economy started to koshlgs come back. Now we have 18 states that have raised unemployment as of the first of this year. We have 13 states with 40year lows on unemployment. So in order to hire people, that i going to have to pay them more. I expect wage growth to really start to happen. Ive been saying that for a while, but i really do think this is it. It could also be a correction on the horizon down the line. No one knows. This is the thing. I love when they say bull markets do not die of old age. Everyone was pointing out its the second largest and if we go ten months, it would be the longest. Who knows. Mellody hobson, thanks for that. Investors are backing away from marijuanarelated stocks. Ahead how a policy by the attorney general a Russian News Network seen in this country is accused of interfering in the 2016 election. Lesley stahl of 60 minutes goes one on one. British media supported hillary. No problem with us, nothing. Some Russian Media supported trump, oh, my god. On 60 minutes what they say about the russian president s relationship and Michael Flynn. Youre watching cbs this morning. Pele down. Excedrin migraine. Relief that works as hard as you do. Therethat only uses 100 american oranges. And simply orange and tropicana ship in juice from overseas. Only floridas natural grows all of our oranges in florida. Great taste. Naturally. Hi, im mindy kearns. Its greatnice to meet you too. Your parents have been talking about you for years. Sorry about that. Theyre all about me saving for a house, or starting a college fund for my son. Actually, i want to know what youre thinking. Have a seat. Yeah. Knowing that the most important goals are yours. With 15,000 financial advisors, its a big deal. And its how edward jones makes sense of investing. Essential for vinyl, but maybe not for people with rheumatoid arthritis. Because there are options. Like an unjection™. Xeljanz xr. A once daily pill for adults with moderate to severe ra for whom methotrexate did not work well. Xeljanz xr can reduce pain, swelling and further joint damage, even without methotrexate. Xeljanz xr can lower your ability to fight infections, including tuberculosis. Serious, sometimes fatal infections, lymphoma and other cancers have happened. Dont start xeljanz xr if you have an infection. Tears in the stomach or intestines, low blood cell counts and higher liver tests and cholesterol levels have happened. Your doctor should perform blood tests before you start and while taking xeljanz xr, and monitor certain liver tests. Tell your doctor if you were in a region where fungal infections are common and if you have had tb, hepatitis b or c, or are prone to infections. Needles. A must for vinyl. But for you, one pill a day may provide symptom relief. Ask your doctor about xeljanz xr. An unjection™. But when we brought our daughter home, that was it. Now i have nicoderm cq. The nicoderm cq patch with unique extended release Technology Helps prevent your urge to smoke all day. Its the best thing that ever happened to me. Every great why needs a great how. Actually, the biggest dinos only ate plants muum dinosaurs only eat meat and country crock is made with plants. Country crock has always been made with the goodness of plants. It has real, simple ingredients. And the same Country Fresh taste you love. Welcome to crock country. Unlike ordinary toothpaste, Colgate Total fights bacteria on teeth, tongue, cheeks and gums. Giving you the confidence of a healthier mouth. Colgate total. Be totally ready for life. Im and im an emt. Erer when i get a migraine at work, its debilitating. If i call out with a migraine, thats one less ambulance to serve a community. I just dont want to let these people down. Excedrin migraine. Relief that works as hard as you do. Facebooks good morning, im rahel solomon, if you are now leaving for work be advised some roads still pretty bad out, there as you can see, many roads not have been fully cleared, authorities are urging drivers to use caution, it is icy because temperatures havent been above freezing in more than a week. So, how much longer will the deep freeze last . Lets check in naught with meteorologist, Katie Fehlinger and get the answer. At least r the next couple of days, finally in the seven day not only exceed the freezing mark, but will get well above that, thats a given, but for now still feels incredibly har be, you cant go by the actual air temperature any time today, will not feel better than zero in most spots, all day long. Now, looking forward, by monday, we finley clip the freezing mark, but the trade off we conned one wintery mix later that day, tuesday, looks down right balmy at 40, sunshine, meisha. Yep. Forty will feel so nice, katie than