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Northeast Winter Storm Disrupts Holiday Travel, Thousands of Flights Affected

  A powerful mix of snow and ice sweeping across the U.S. Northeast has caused major travel disruptions, leading to thousands of flight delays and cancellations across the region. The storm, which hit early Saturday, prompted states of emergency in New York and New Jersey and forced officials to warn residents to stay off treacherous roads. Airports in the New York metropolitan area—including JFK, LaGuardia, and Newark Liberty —were among the hardest hit, with airlines struggling to manage the post‑holiday travel surge. According to flight‑tracking data, more than 5,580 flights were delayed and at least 860 were canceled as of Saturday afternoon. Snowfall totals ranged from 15 to 25 centimeters across parts of New York, Connecticut, and Long Island, with New York City recording 2 to 4 inches in Central Park. Crews worked through the morning to de‑ice aircraft and clear runways as passengers faced long waits and rebooking challenges. New York Governor Kathy Hochul emphasized...
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Stock Market Today: Futures Slide Amid Government Shutdown Fears and Sticky Inflation

                                         

U.S. stock futures took a hit on Friday as investors braced for a potential government shutdown and digested mixed inflation data. Futures tied to the S&P 500 dropped 1%, while Nasdaq futures plunged 1.3%, and Dow Jones Industrial Average futures fell around 0.5%.

The looming government shutdown, driven by the House of Representatives voting against a spending bill, has heightened concerns among investors. Additionally, the Federal Reserve's preferred inflation gauge, the core Personal Consumption Expenditures (PCE) index, showed a slight month-over-month increase of 0.1% in November, indicating persistent inflationary pressures.

Key companies like Nvidia, AMD, and Broadcom faced significant pressure, while Tesla saw a 6% drop following a vehicle recall. Bitcoin prices also retreated nearly 10% amid record ETF outflows.

Investors remain cautious as they await further developments on both the political and economic fronts.



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