Bloomberg Business

Wildfire Smoke Triggered New England Grid Emergency

Smoke from Canada’s wildfires was to blame for a power-equipment shutdown that briefly led to a grid emergency in New England Wednesday night, along with an accompanying surge for electricity prices.

Stocks Stumble as Traders Turn to Payroll Data: Markets Wrap

US stocks fell for the second day straight while Treasury yields spiked after surprisingly strong private hiring data. Traders are next to turning to Friday payroll numbers to gauge the Federal Reserve’s next move.

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