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First Comes the Bone-Rattling Cold, Then Comes the Snow Bomb

  • A winter storm is set to race up the U.S. East Coast Thursday
  • New York’s airports have already registered record lows
Bloomberg business news
Bloomberg New Energy Finance’s Shunondo Basu examines the cold snap thats impacting commodities.(Source: Bloomberg)
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As if the deep freeze that’s sent temperatures plunging to all-time lows across the eastern half of the U.S. weren’t enough, the region may get hit with a snow bomb.

Now that Boston has tied a 100-year-old record with seven days of highs below 20 degrees Fahrenheit, New York’s airports have registered new lows and Chicago has enjoyed its coldest New Year’s Day ever, a storm is set to race up the U.S. East Coast on Thursday and dump snow along the way. Boston may see as much as 11 inches (28 centimeters), Manhattan could get 3, and Brooklyn and Queens are set for 4.