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Fraser Valley Floods Force Evacuations Amid Partial Highway Reopenings

                                                                             Flooding in Abbotsford as a result of an atmospheric river, December 2025 Heavy rainfall and overflowing rivers have displaced hundreds of residents in British Columbia’s Fraser Valley this week, as communities grapple with rising waters and disrupted transportation routes. Abbotsford and surrounding areas remain under a state of emergency, with evacuation orders and alerts issued for parts of Sumas Prairie and Clayburn Village. The flooding, driven in part by overflow from Washington’s Nooksack River, peaked on Thursday, December 11, 2025, inundating roads and farmland. While rainfall warnings have eased, officials caution that another atmospheric river is expected to arrive by Sund...
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Wall Street Inches Higher, US Steel Gets $14 Billion Buyout Offer from Nippon

 

Wall Street opened higher on Monday, with the Dow Jones Industrial Average up 0.2% and the S&P 500 up 0.1% in early trading. The Nasdaq Composite was up 0.1%. Investors are watching the Bank of Japan’s two-day meeting for hints of a change to the central bank’s longstanding near-zero interest rate policy. 

Meanwhile, US Steel has received a $14 billion buyout offer from Nippon Steel, which would make it the largest acquisition in the steel industry’s history. The deal is expected to close in the first quarter of 2024.


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