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Why long-lasting power outages could be a big problem after the storm The Washington PostFirstEnergy Crews Ready for Winter Storm; Offer Tips to Stay Safe and Warm During Extreme Cold FirstEnergy Corp.Spanberger urges Virginians to stay off roads, be prepared for extended power outages 12onyourside.comDC region utility companies ready resources for possible storm-related power outages wtop.com
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Edith Flanigen, Award-Winning Research Chemist, Dies at 96 The New York Times
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Gmail is having issues with spam and misclassification TechCrunchGmail Glitch Appears to Break Email Filtering, Tabbed Inboxes PCMagGmail's spam filter and automatic sorting are broken The VergeGoogle says it's working to fix Gmail issue that's led to flooded inboxes and increased spam warnings EngadgetGoogle confirms Gmail filtering issue as users are fl
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NYC Mayor Zohran Mamdani warns "whiteout or near-blizzard" conditions likely in winter storm CBS NewsGood old-fashioned snow day may be healthy for kids, doctors say: 'Permission to unplug' Fox NewsNew York's Latest Forecast Shows Heavy Snow, Then Sleet The New York TimesMamdani roasted for ‘idiotic and moronic' warning on NYC snowstorm Yahoo
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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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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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