The “Bomb Cyclone” whipped the East Coast Thursday, with winds of up to 60 mph and snow falling at the rate of two inches per hour.
One meteorologist told Cheddar the arctic blast dubbed “Grayson” is even more powerful than 1993’s “Storm of the Century.”
“Fortunately is located just off-shore, so we are not seeing the very worst of it,” said Bob Henson, blogger at Weather Underground. “It’s also moving so quickly that the snowfall amounts, the totals, are not going to be as high as they were in that 1993 storm. However, the winds are going to be hellacious.”
The 1993 storm caused the equivalent of $9.3 billion in damages from the Deep South through the East Coast.
But this year’s blizzard, despite its ominous-sounding descriptor, may be less scary than it sounds. The National Oceanic and Atmospheric Administration notes the term “Bomb Cyclone” comes from the term “bombogenesis,” which describes pressures that drop to at least 24 millibars over 24 hours.
Still, Henson points out, Grayson has already claimed some victims.
“We just had a couple of fatalities in North Carolina of people out on the roads and their trucks slid of the roads,” he said. He added that the cold temperatures can also be deadly.
In order to stay safe, Henson suggests staying in a warm place, avoiding travel, and keeping off the road as the most important steps.
For full interview [click here](https://cheddar.com/videos/climate-changes-role-in-winter-storm-grayson).
The airlines announced the cuts Tuesday morning after markets suffered their biggest drop since the 2008 recession. The shock came as demand for flights sunk worldwide.
These are the headlines you Need 2 Know for Tuesday, March 10, 2020.
The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets. The sharp drops triggered the first automatic halts in trading in two decades.
Officials at the World Health Organization said Monday that of about 80,000 people who have been sickened by COVID-19 in China, more than 70 percent have recovered and been discharged from hospitals.
Stocks are falling sharply Monday on Wall Street on a combination of coronavirus fears and plunging oil prices, triggering a brief, automatic halt in trading to let investors catch their breath.
Lenore Hawkins, chief macro strategist for Tamatica Research, told Cheddar that the combination of the COVID-19 outbreak and the oil price war between Saudi Arabia and Russia is an unprecedented set of circumstances for investors.
The Dow Jones Industrial Average plummeted 1,500 points, or 6%, following similar drops in Europe after a fight among major crude-producing countries jolted investors already on edge about the widening fallout from the outbreak of the new coronavirus.
These are the headlines you Need 2 Know for Monday, March 9, 2020.
MindMed became the first publicly listed psychedelics company in the world after kicking off trading on the Canadian stock exchange NEO this week.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
