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North Texas power outages: Thousands wake up to no electricity Saturday morning - here's how to check the map, your status wfaa.comThunderstorms and rain ahead of Ice & Winter Storm Warnings in Houston click2houston.comWhen will freezing weather hit Austin? Here's an hour-by-hour forecast statesman.comThousands of homes lose power in North Texas as freezing temps set in chron.com
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He hasn't thrown a pass since 2023. Now a team's Super Bowl hopes hinge on his arm. NBC NewsWhy the Broncos are confident in backup QB Jarrett Stidham ESPNThe Battle Between Tom Brady's Heirs for a Spot in the Super Bowl The Wall Street JournalHall of Famer warns Denver Broncos' backup QB: "He needs to be very, very careful that he's not the reason they lose… Yahoo Sports
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Roughly 140 million people were under a winter storm warning from New Mexico to New England.
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Alongside the Warner Bros. Discovery bidding war and a new JPMorgan Chase advisory group, Capital One's latest money move may be a sign of things to come.
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Sen. Elizabeth Warren seized on contradictions within the Trump administration when it comes to his push to make credit cards more affordable for Americans.
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Dropping rates more than conditions warrant would stimulate the economy in the short term but could lead to trouble, our columnist says.
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If December's lows are broken during the first quarter of a new year, a bear market often follows.
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Republicans on Capitol Hill have lightly thrown cold water on capping credit card interest at 10%.
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Wednesday's selling carried into Thursday as investors continued to take a risk-off approach to markets following the Federal Reserve's latest policy announcement.
The central bank issued its third jumbo-sized rate increase yesterday and set expectations that it will continue to hike rates over its next few meetings. However, the Fed is not alone in its aggressive stance. Several global central banks have increased their benchmark rates this week in an ongoing effort to tame inflation, including the Bank of England and Switzerland's National Bank, which earlier today issued 50 basis point and 75 basis point rate hikes, respectively. (A basis point is one one-hundredth of a percentage point.)
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"Global equities are struggling as the world anticipates surging rates will trigger a much sooner and possibly severe global recession," says Edward Moya, senior market strategist at currency data provider OANDA. "Most of these rate hikes around the world are not done yet which means the race to restrictive territory won't be over until closer to the end of the year."
The reaction here at home was a selloff in bond prices, which sent yields on government notes spiking. The 10-year Treasury yield surged 19.2 basis points to 3.704% - its highest level since early 2011 - while the 2-year Treasury yield spiked 12.1 basis points to 4.116%, its loftiest perch since late 2007.
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As for stocks, the tech-heavy Nasdaq Composite
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