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Markets Rebound as Trump Softens Stance on Power Plant Shutdown Threat

  Stock futures surged early Monday after President Donald Trump backed away from a threat to shut down certain U.S. power plants, easing investor concerns about potential disruptions to the energy grid and broader economic fallout. Major index futures—including the Dow, S&P 500, and Nasdaq—turned sharply higher as traders interpreted the shift as a sign of policy stability after a volatile week. The reversal helped restore confidence across sectors that had been rattled by the possibility of sudden regulatory intervention. Oil prices, meanwhile, tumbled as energy markets recalibrated. Crude had spiked on fears of supply constraints tied to the power plant dispute, but with the threat withdrawn, prices slid back toward recent lows. Analysts noted that the drop reflects both reduced geopolitical tension and ongoing concerns about global demand. Investors will now be watching for additional signals from the administration and regulators to determine whether Monday’s rally mar...
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Tragedy on the Runway: Air Canada Pilots Killed in LaGuardia Collision

 

Debris hangs from the damaged Air Canada jet that had collided with a fire truck at New York's LaGuardia Airport Sunday night.

An Air Canada Express CRJ‑900 jet crashed into a fire truck while landing at New York’s LaGuardia Airport late Sunday night, killing both the pilot and co‑pilot and injuring multiple passengers. The aircraft, operating as a Jazz Aviation flight from Montreal with 72 passengers and four crew members on board, struck a Port Authority firefighting vehicle that had entered the runway moments before touchdown. 

The collision occurred around 11:40 p.m., prompting an immediate shutdown of LaGuardia Airport as emergency crews responded. Authorities confirmed that all passengers were accounted for, with more than a dozen sustaining injuries of varying severity. The airport is expected to remain closed until at least early Monday afternoon as investigators examine the circumstances leading to the fatal runway incursion. 

Early air‑traffic recordings captured urgent warnings from controllers moments before impact, including a call instructing the fire truck to stop. Officials from the Port Authority and federal aviation agencies are now working to determine why the emergency vehicle was on the active runway during the aircraft’s landing sequence. 

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