Dale Willman

It's a bad weather weekend for much of the U.S.

In California, the rains have slowed down, but the rising waters haven't.

That's Michelle Myers in Los Angeles.

She says they had to go back later to rescue her dad's cats.

Winter weather warnings, meanwhile, are up in the northeastern U.S.

at this hour, where freezing rain, cold air and heavy snowfall are hitting the region.

New York's governor has declared an emergency in upstate counties, getting as much as eight inches of snow.

But not everyone is staying inside.

For Member Station GBH, Connor Ruhalter reports.

The state of California has now dropped its suit against the Trump administration over the withdrawal of $4 billion in federal funding for that state's high-speed rail project.

Washington says the authority running the project doesn't have a viable plan to complete it, but the authority says the federal government has shown it's not a trustworthy partner.

Stock markets gained over this holiday week, with the S&P 500 hitting a record high.

As NPR's Rafael Nam reports, hopes about the economy drove those gains.

Rafael Nam, NPR News.

Stocks, meanwhile, closed slightly lower Friday.

The Dow Jones Industrial Average lost 20 points.

The S&P 500 fell two points, and the Nasdaq was down 20 points.

Gold and silver prices, though, continued to rise, with silver up almost 8% because of supply constraints.

U.S.

crude oil, meanwhile, fell 2.8%, while Treasury yields held steady.