Are you wanting to knit something or buy something?
Depending on how fast of a knitter you are, you might try a hat for your husband (here's an easy, generic hat pattern: http://knittingonthenet.com/patterns/hatskull.htm
For your baby, you could knit up a cute toy. This site has links to scads of them: http://www.knittingpatterncentral.co...ctory/toys.php
For something to buy, you might try CDs, gift cards, or gadgety-type items for your husband.
For your baby, maybe go for baby books (look for classics like The Very Hungry Caterpillar
in board book format), textured toys (to stimulate touch), kid DVDs, or anything else the kiddo might need.