About 10,000 flights have been canceled for the weekend as U.S. cities begin to see snow and ice from what is forecast to be a "catastrophic" winter storm.
The big picture: A sprawling, long-duration storm is forecast to dump more than a foot of snow from the Ohio Valley into the Mid-Atlantic and Northeast through Monday, with travel grinding to a halt in broad swaths of the U.S.
President Trump on Saturday reverted to a favored insult for Canadian leadership, calling Prime Minister Mark Carney "governor" and threatening a 100% tariff against the key U.S. trading partner.
Why it matters: After a period of warmer relations following Carney's election, the gloves have come off in the last week.
President Trump will join Treasury Secretary Scott Bessent and philanthropist Michael Dell at a day-long summit in Washington on Wednesday to encourage parents to sign up for Trump Accounts, the new investment vehicle for kids.
A lot more people are putting cold, hard cash on the line to back up their Oscars predictions this year.
Why it matters: It's not just the Academy Awards. In the era of prediction markets, entertainment fans can invest their cash to forecast the outcomes of everything from Rotten Tomatoes scores to celebrity divorces.
The winter storm poised to sweep through the U.S. this weekend will cause major disruption, but it might also make some people a few extra bucks.
Why it matters: Everyday Americans are increasingly betting on the weather through prediction markets — an activity long reserved as a tool for businesses and big professional traders.
Verizon on Friday offered to refund millions of dollars to cable TV customers in the Boston and Pittsburgh markets who've been without certain channels for over a month, including those carrying NFL football, due to a carriage dispute with Cox Media Group.
Why it matters: This comes one week after Cox accused Verizon of pocketing customer fees, and days after Axios began asking questions.
President Trump on Thursday rescinded Canada's invitation to his "Board of Peace" for Gaza, deepening a feud with Prime Minister Mark Carney that reignited at the World Economic Forum in Davos this week.
Why it matters: It's the latest sign of a splintering partnership between the U.S. and one of its longest-standing allies.
A dismal outlook for a "ruptured" global economy set the backdrop for conversations among the world's top decision-makers.
But those who stuck around as the World Economic Forum in Davos, Switzerland, emptied out on Friday got a much less gloomy view: There is still more keeping the world's largest economies together than there is dividing them.
Why it matters: Whichever view proves correct will be the defining feature of the global economy, one that will see longtime economic ties annihilated or simply altered.
Retail investor activity hit a new record high on a rolling monthly basis, JPMorgan says, as the group continues to buy the dip in the stock market.
Why it matters: Novice traders aren't only dip buying. They're also staying invested, making them increasingly formidable participants that Wall Street can't afford to ignore.
We know now the 10 contenders vying for Best Picture at the Academy Awards in March, but it's easy to feel overwhelmed by the idea of watching that many movies.
The Oscars' recent support of foreign-language cinema marks one of the most rapid taste turnarounds for the awards body in recent history.
By the numbers: Before "Parasite" broke the foreign-language barrier and took home Best Picture in 2020, only 11 non-English films were nominated for the top award. In the six years since, 10 have been in contention for Best Picture.
It wasn't pretty, simple or easy, but Speaker Mike Johnson (R-La.) passed a crucial government funding bill out of the House on Thursday — and saved his president from one embarrassment while opening him up to another.
Why it matters: Despite some intentional — and unintentional — collateral damage, Johnson continues to demonstrate how to govern with the thinnest of majorities — which sometimes requires recalling a truant Texas lawmaker to fly back to D.C.
