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Snow Futures: Hedging Bets On The Costs Of Winter

Airlines are using futures contracts to hedge against the cost of snow-related delays and cancellations. Here, a cargo plane takes off at Chicago's O'Hare International Airport, as workers try to clear another runway in the background. (Getty Images)
Airlines are using futures contracts to hedge against the cost of snow-related delays and cancellations. Here, a cargo plane takes off at Chicago's O'Hare International Airport, as workers try to clear another runway in the background. (Getty Images)

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