The highway sits closed as emergency crews finish cleaning following accidents caused by ice and low temperatures in Richardson, Texas, Thursday, Feb. 11, 2021. A winter storm brought a coating of ice to parts of Texas. (AP Photo/LM Otero)
At least five people were killed Thursday in a massive crash involving 75 to 100 vehicles on an icy Texas interstate, police said, as a winter storm dropped freezing rain, sleet, and snow on parts of the U.S.
The number of injured was still unknown as police were still working the accident on Interstate 35 near downtown Fort Worth, police said. Police set up a reunification center for family members at a community center.
Farther south, in Austin, more than two dozen vehicles were involved in a pileup on an icy road, and one person was injured, emergency officials said.
Elsewhere, ice storm warnings were in effect from Arkansas to Kentucky, while another winter storm was predicted to bring snow to Mid-Atlantic states, the National Weather Service said.
More than 125,000 homes and businesses were without electricity Thursday morning, largely in Kentucky and West Virginia, according to the website poweroutage.us, which tracks utility reports.
Meanwhile, officials in central Kentucky were urging people to stay home due to icy conditions.
Kentucky Gov. Andy Beshear said state offices would be closed due to the weather. He declared a state of emergency, which he said would free up funding and help agencies coordinate as they respond to reports of slick roads and downed power lines.
Crews were responding to numerous calls of downed icy tree limbs and power lines, Lexington police said in a tweet that urged people not to travel “unless absolutely necessary.”
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The Biden administration is once again extending the pause on federal student loans payments — this time, through the end of August. In a statement, President Biden cited a recent analysis from the Fed that if the payments were to resume, millions of student loan borrowers would face significant "economic hardship, delinquencies, and defaults that could threaten America's financial stability." Sarah Foster, an analyst at Bankrate, breaks down the impact of the extension on borrowers, the economy, and the future of student loan forgiveness. "I think this is just an instance of the federal student loan forbearance program kind of creating additional uncertainty for borrowers, especially in the sense that these past four extensions from the Biden administration have kind of come at the 11th hour here," she said.
Walk into any coffee shop or diner and you’ll spot packets of Sweet ‘n’ Low, Equal, or Splenda sweet right away. And, if you’re someone who uses these sweeteners, you’re not alone. In 2020 alone, 141 million Americans used sugar substitutes. They’re attractively marketed with little to no calories, claims of no weight gain and are supposedly safe for diabetics. But with all the hype comes a history of negative PR and health concerns, including possible cancer links. And yet talk of bans by the US Government have proven ineffective, even inciting chaos.
So how did these small packets become so mighty?
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U.S. markets closed higher to end Monday's session, with tech stocks leading the advance. Gene Goldman, Chief Investment Officer at Cetera Financial Group, joins Cheddar News' Closing Bell to discuss the potential future of the major U.S. indexes, and how factors like policy moves from the federal reserve and the ongoing Ukraine-Russia war could impact volatility.
The 2022 Masters Tournament is slated to begin on Thursday, and one of golf's most iconic players is set to return to Augusta National, just 14 months after a devastating car accident. In a press conference, Tiger Woods told reporters that not only is he planning to play in the tournament, but that he also thinks he can win. Cam Rogers, national sports betting and golf analyst, and host of 'Lock It In'
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U.S. stocks closed Thursday at session lows to end the month of March, posting their worst quarter since the pandemic crash of 2020. However, March was the first positive of 2022. MJP Wealth Advisors President Brian Vendig joined Cheddar News' Closing Bell to discuss.