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UFC 324 results: Justin Gaethje earns interim title in epic clash with Paddy Pimblett CBS SportsMain Card Results | UFC 324: Gaethje vs Pimblett UFC.comUFC 324 start time: Where to watch, live stream Justin Gaethje vs. Paddy Pimblett CBS SportsHighlights! Justin Gaethje, Paddy Pimblett close out UFC 324 with Fight of the Year candidate Yahoo Sports
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Governor Lamont Declares State of Emergency, Limits Commercial Vehicle Travel Ahead of Approaching Major Winter Storm portal.ct.govMajor winter storm spurs CT state of emergency and travel ban on Sunday. Here's what to know ctinsider.comHeavy snow expected statewide on Sunday nbcconnecticut.com
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How much snow is Boston getting this weekend? Here's a closer look at the Massachusetts forecast. CBS NewsTracking the biggest snowstorm to hit Massachusetts in 4 years nbcboston.comIs your kid's school closed on Monday? Here's the latest. The Boston GlobeSchool closings, delays in Massachusetts for Monday, Jan. 26 masslive.com
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Trump backed down from NATO tariffs over Greenland but may cross a 'red line' on U.S. military bases there FortuneOpinion | An Unhinged President on the Magic Mountain The New York TimesOpinion | Donald Trump, Not Unchained The Wall Street Journal‘Old wine in a new bottle': Greenland negotiations resemble an earlier deal PoliticoDavos 2026: Special Address by Donald J Trump, President of the United
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Wednesday's selling carried into Thursday as investors continued to take a risk-off approach to markets following the Federal Reserve's latest policy announcement.
The central bank issued its third jumbo-sized rate increase yesterday and set expectations that it will continue to hike rates over its next few meetings. However, the Fed is not alone in its aggressive stance. Several global central banks have increased their benchmark rates this week in an ongoing effort to tame inflation, including the Bank of England and Switzerland's National Bank, which earlier today issued 50 basis point and 75 basis point rate hikes, respectively. (A basis point is one one-hundredth of a percentage point.)
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"Global equities are struggling as the world anticipates surging rates will trigger a much sooner and possibly severe global recession," says Edward Moya, senior market strategist at currency data provider OANDA. "Most of these rate hikes around the world are not done yet which means the race to restrictive territory won't be over until closer to the end of the year."
The reaction here at home was a selloff in bond prices, which sent yields on government notes spiking. The 10-year Treasury yield surged 19.2 basis points to 3.704% - its highest level since early 2011 - while the 2-year Treasury yield spiked 12.1 basis points to 4.116%, its loftiest perch since late 2007.
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As for stocks, the tech-heavy Nasdaq Composite
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