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WATCH – Hundreds flee Times Square after manhole fires panic busy city

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Hundreds of people have been seen fleeing New York’s Times Square due to multiple manhole fires that caused a loud bang

Three manholes caught fire around 6:45 p.m. on W 43rd St between 7th and 8th avenues.

This area of the popular city is packed with tourists at most hours of the day, according to the NYFD. 

There are no reports of injuries at this stage.

New York Fire Department told Fox that firefighters are in the process of searching surrounding properties for any elevated carbon monoxide levels.

Videos posted on social media showed people running around 48th street. 

Manhole fires often occur when carbon monoxide or another gas is ignited by an electrical short circuit underground, sending an explosion through the path of least resistance, which is usually a manhole, according to Fire Engineering magazine. 

Developing story, more to come.

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Money

Why is “Stagflation” so significant?

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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Will Tesla’s supercharger layoffs eventually payoff?

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Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Elon Musk’s decision to disband Tesla’s electric vehicle charging team has left customers concerned about the future of the company’s charging infrastructure.

The move comes as a surprise to many, considering Tesla’s commitment to expanding its charging network to support its growing fleet of EVs #featured

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TikTok’s fate in the United States

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TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

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