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Sprawling US Winter Storm Strains Power Grids, Snarls Travel BloombergFrigid weather stresses US electric grid ReutersJan. 23 Update: PJM Issues Precautionary Alerts Ahead of Expected Cold Spell PJM Inside LinesHere are the make or break times for power for the winter storm AxiosMISO Enters Max Gen Emergency in Arctic Blast RTO Insider
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‘My husband and I have been together for 25 years. We have two children'
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There is little likelihood that a fix will come from Washington, where Republican lawmakers say health insurers are to blame.
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Airlines have canceled more than 11,000 flights as a powerful storm brings ice, sleet and potentially major snowfall to the Midwest, South and Northeast.
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Winter Storm Fern Update: Delta makes schedule adjustments to Atlanta and Northeast regions deltad8.prod.acquia-sites.comAirlines Cancel Hundreds of Flights In Anticipation of Powerful Winter Storm The New York Times10,000 flights canceled due to winter storm forecast AxiosTravel plans affected by winter weather? Here's what airlines owe you syracuse.com
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TikTok users freak out over app's ‘immigration status' collection — here's what it means TechCrunchAnnouncement from the new TikTok USDS Joint Venture LLC Newsroom | TikTok3 Things to Know About the TikTok Deal, and a New Protest Tactic in Minnesota The New York TimesOpinion | The TikTok divestment deal doesn't go far enough The Washington Post
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Winter storm begins: Millions face catastrophic ice and heavy snow CNNLIVE MAP: See the U.S. winter storm 72-hour snowfall forecast PBSImpactful ice storm headed for Carolinas: Latest timeline, forecast here wbtv.comDuke Energy is mobilizing crews from across the US and Canada to address potential power outages Yahoo
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Trading desks across Wall Street have benefited in the last year as Trump's policies have roiled markets for bonds, currencies, commodities and stocks.
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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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