Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Wall Street Poised for Gains as U.S.-Britain Trade Deal Nears Completion

Wall Street is set for a higher open as investors react to news that the United States and Britain are on the verge of finalizing a trade agreement. The deal, expected to be announced at 10 a.m. ET, aims to lower tariffs on select goods, marking a significant step in trade relations between the two nations.

Market optimism is reflected in premarket trading, with Dow E-minis rising 0.75%, S&P 500 E-minis up 0.94%, and Nasdaq 100 E-minis climbing 1.32%. The agreement follows a pause in country-specific tariffs imposed by the U.S. last month, signaling a potential shift in trade policy.

Investors are also keeping an eye on semiconductor stocks, which have gained momentum amid reports that the U.S. may ease export restrictions on AI-related chips. Meanwhile, economic data shows a decline in unemployment claims, further boosting market sentiment.

As Wall Street prepares for the official announcement, analysts suggest that this trade deal could serve as a blueprint for future agreements with other global partners. The market’s response will likely depend on the specifics of the deal and its broader implications for international trade.



Labels:

Comments

Post a Comment