California Faces Blizzard Threat as Winter Storm Causes Outages across U.S.
As rare blizzard warnings were issued for the Southern California mountains, combined outages due to ice, high winds and heavy snow across the U.S. left more than 800,000 customers without power as of early Friday February 24.
As rare blizzard warnings were issued for the Southern California mountains, combined outages due to ice, high winds and heavy snow across the U.S. left more than 800,000 customers without power as of early Friday February 24.
These included nearly 739,000 customers in Michigan — where ice began taking down trees and powerlines over Wednesday night. Van Buren County officials have confirmed the death of a firefighter who came into contact with a downed powerline. In the Northeast, the expected tail end of this storm was crossing overnight, bringing with it one more round of snow and some freezing rain on Friday. Heavy snow ended Thursday in the Twin Cities, with amounts so far coming in at 13 inches officially, but reaching 16 inches in some spots since Tuesday.
Delta Air Lines Options Traders Betting Stock Will Continue Flying Higher
Delta Air Lines (DAL) shares moved higher on Tuesday and Wednesday before the broad selloff instigated by Fed’s rate hike pessimism, after Evercore ISI upgraded the stock from In-Line to Outperform and raised its price target from $40 to $47.
Hawkish Comments from Fed's Powell Send Dow, Nasdaq, S&P 500 Sharply Lower
Hawkish comments from Federal Reserve Chair Jerome Powell sparked Wall Street selling on Tuesday, as hopes further dimmed that the central bank would be able to halt its interest rate hiking in the near future.
60% of Americans Live Paycheck to Paycheck — ‘Inflation is Part of Their Everyday Lives,’ Experts Say
As of January, 60% of all U.S. adults, including 45% of high-income earners, were living paycheck to paycheck, according to a new LendingClub report.
