5 things to know this Thursday, January 16

ALBANY, N.Y. (NEWS10) -- Happy Friday junior! Meteorologist Matt Mackie says we will get widespread, light snow in the evening with temperatures sitting in the 20s all day.

Mediators announced on Wednesday that Israel and Hamas have agreed to pause the devastating war in the Gaza Strip. Also, President Joe Biden delivered his farewell address Wednesday night. These stories, and more, are in your five things to know this Thursday.

1. Officials tout Gaza ceasefire, hostage deal as Israel says details still in flux

Israel and Hamas have agreed to pause the devastating war in the Gaza Strip, mediators announced Wednesday, raising the possibility of winding down the deadliest and most destructive fighting between the bitter enemies.

2. Biden warns in farewell address that an ‘oligarchy’ of ultrarich in US threatens future of democracy

President Joe Biden used his farewell address to the nation Wednesday to deliver stark warnings about an “oligarchy” of the ultra-wealthy taking root in the country and a “tech-industrial complex” that is infringing on Americans’ rights and the future of democracy.

3. Family of Robert Brooks announces lawsuit after Marcy beating

The family of Robert Brooks has announced a lawsuit after his beating and death at Marcy Correctional Facility.

4. Local musician loses everything in Palisades fire

The Los Angeles area is under high alert once more as winds threaten to spread dangerous wildfires that have already destroyed thousands of homes. Here at home, there is a personal connection with one Capital Region effort to help those who’ve lost so much.

5. REPORT: Capital Region drivers lose nearly $2K on NY roads

The daily commute is draining more than just the gas tanks of Capital Region drivers — it is also draining their wallets. In total, the average driver in the Albany-Troy-Schenectady area is losing $1,863 annually due to deteriorated, congested, and unsafe roads and bridges in the area, according to an annual report by TRIP, a national transportation research nonprofit.