AccuWeather projects this weekend's winter storm could inflict up to $115 billion in economic losses and damages. The severe weather already cut power to over 800,000 homes and businesses across affected regions, with Greenville, South Carolina, among the hardest hit.

Such massive financial fallout stems from a combination of power outages, infrastructure damage, and widespread business interruptions. This event underscores the vulnerability of supply chains and commercial operations to extreme weather, with costs likely spreading through insurance claims, lost productivity, and repair expenses for industries from retail to logistics.

The final tally will depend on the storm's full path and duration. Investors should monitor insurance sector stocks and companies with significant exposure in the Southeast. Recovery efforts and federal aid announcements will be key indicators of the economic ripple effects in the coming weeks.