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CNBC Top Newsmarkets

Snowfall intensifies in Northeast, with many stuck at home under blizzard warnings and travel bans

CNBC Top News
Monday, February 23, 2026 at 12:52 PM
~4 min read

Original Report

Millions of people in New York City and a large swath of the northeastern U.S. were stuck at home under road travel bans and blizzard warnings Monday.

Glass House Analysis

Housing sits at the intersection of economic policy and the American Dream. For most families, their home represents their largest asset and their primary path to building generational wealth. When housing becomes unaffordable, the social fabric frays—young people delay family formation, workers can't relocate for better jobs, and communities lose the stability that comes from homeownership.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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