Category: News
Thanksgiving Pilgrimage: Holiday Travel To Beat Record
Thanksgiving Pilgrimage: Holiday Travel To Beat Record
Thanksgiving holiday travel is expected to reach a new record in 2025, as 81.8 million Americans are forecast to hit the road or the skies to travel more than 50 miles for this year’s celebrations.
As Statista’s Felix Richter details below, according to projections from AAA, 73.3 million Americans will take to the nation’s roads, while 6.1 million will fly domestically and 2.5 million will travel by train or other means to be with family or friends for the holidays.
You will find more infographics at Statista
That represents an increase of 2 percent from last year and 5.2 percent from 2019.
“Thanksgiving travel numbers are always impressive because this holiday has become synonymous with heading out of town to spend time with loved ones,” said Stacey Barber, Vice President of AAA Travel.
“People are willing to brave the crowds and make last-minute adjustments to their plans to make lifelong memories, whether it’s visiting extended family or meeting up with friends.”
All modes of transport are set to see a noticeable increase this year and road trips will continue to dominate Thanksgiving travel. Nearly 90 percent of travelers are expected to drive to their holiday destination, with gas prices remaining about the same as last year.
Tyler Durden
Wed, 11/26/2025 – 09:15
https://www.zerohedge.com/personal-finance/thanksgiving-pilgrimage-holiday-travel-beat-record-0
Menos estadounidenses solicitaron beneficios por desempleo mientras los despidos siguen bajos
Por CHRISTOPHER RUGABER
WASHINGTON (AP) — El número de estadounidenses que solicitaron beneficios por desempleo disminuyó la semana pasada, lo que indica que los despidos siguen siendo bajos, incluso cuando varias empresas de alto perfil han anunciado recortes de empleo.
El Departamento de Trabajo informó el miércoles que las solicitudes de beneficios por desempleo para la semana que terminó el 22 de noviembre cayeron en 6.000 respecto a la semana anterior, situándose en 216.000.
El número de personas que buscan beneficios por desempleo es considerado un indicador de los despidos y es un reflejo casi en tiempo real de la salud del mercado laboral. Los recortes de empleo anunciados recientemente por grandes empresas como Target y Amazon suelen tardar semanas o meses en implementarse por completo y pueden no estar aún reflejados en los datos de solicitudes.
El promedio de solicitudes de cuatro semanas, que suaviza parte de la volatilidad semanal, disminuyó en 1.000, situándose en 223.750.
El número total de estadounidenses que solicitaron beneficios por desempleo para la semana que terminó el 15 de noviembre aumentó en 7.000, alcanzando los 1,96 millones.
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Esta historia fue traducida del inglés por un editor de AP con ayuda de una herramienta de inteligencia artificial generativa.
Con cielo nublado, la llama olímpica inicia su viaje hacia los Juegos de Invierno de Milán-Cortina
Por DEREK GATOPOULOS y PETROS GIANNAKOURIS
ANTIGUA OLIMPIA, Grecia (AP) — La llama olímpica comenzó su viaje el miércoles hacia l os Juegos de Invierno de Milán-Cortina, aunque faltó un poco de su magia habitual.
El mal tiempo que azotó el oeste de Grecia obligó a los organizadores a trasladar la ceremonia de encendido de la antorcha al interior, desde el antiguo estadio y templos de Olimpia hasta un museo cercano.
La llama se enciende enfocando los rayos del sol con un espejo cóncavo. Pero con el cielo nublado, los funcionarios utilizaron una llama de respaldo encendida durante un breve período de sol en el ensayo realizado el lunes.
El remero griego Petros Gaidatzis inició el relevo de la antorcha, que, tras llegar a Italia, será llevada por todo el país anfitrión por unos 10.000 corredores antes de las justas que se escenificarán ente el 6 al 22 de febrero.
El sol finalmente hizo su aparición sobre la lluviosa Olimpia el miércoles durante la ceremonia en interiores.
“Es increíblemente memorable y un poco emotivo para mí estar aquí”, afirmó la presidenta del COI, Kirsty Coventry, quien supervisaba su primer encendido de antorcha tras ser elegida para el cargo en marzo. “Se siente como si el pasado y el presente realmente se unieran. Estamos extremadamente felices de que la ceremonia de hoy nos recuerde lo que representan los Juegos”.
Italia alberga sus terceros Juegos de Invierno, pero los preparativos han estado plagados de sobrecostos y retrasos en la construcción.
Los organizadores aseguran que la cita promete con un programa con 116 eventos de medallas, el debut del esquí de montaña, una mayor participación femenina y el regreso de los jugadores de la NHL al hockey olímpico.
Después de un breve recorrido por Grecia y una entrega el 4 de diciembre, la llama comenzará un relevo de 63 días y 12.000 kilómetros a través de las 110 provincias italianas, destacando sitios culturales y sedes anfitrionas antes de llegar al estadio San Siro de Milán para la ceremonia de apertura.
“En las próximas semanas, la llama olímpica pasará por todas las provincias italianas, 60 ciudades, 300 pueblos, 20 regiones y todos los sitios de la UNESCO. Viajará desde los picos del norte hasta las costas del sur”, dijo Giovanni Malago, jefe del Comité Organizador de Milán-Cortina. Los oradores en la ceremonia del miércoles instaron a los líderes mundiales a reconocer el espíritu de la Tregua Olímpica, una antigua tradición griega que pausaba los conflictos durante los juegos para permitir una participación segura.
“Hoy la humanidad atraviesa un tiempo de crisis múltiples y paralelas. Las guerras proliferan desde Europa hasta el Oriente Medio y desde Asia hasta África. Por lo tanto, deberíamos admitir honestamente que una sociedad en guerra es una sociedad fracasada”, expresó el alcalde de la Antigua Olimpia, Aristidis Panayiotopoulos. “La llama nos permite recordar nuevamente los valores que guían a la humanidad, valores que nacieron y se forjaron aquí”.
A pesar de trasladarse al interior, la ceremonia del miércoles mantuvo sus elementos tradicionales: gestos de danza escultórica por parte de intérpretes vestidos como sacerdotisas y kouroi masculinos, e invocaciones en griego a los dioses antiguos.
Artemis Ignatiou, directora artística de la ceremonia, dijo que el equipo se había preparado para la posibilidad de mal tiempo y que, a pesar del contratiempo, “ganamos algo especial: la energía del museo y el espacio arqueológico en sí”.
Entrevistada por The Associated Press, Ignatiou dijo que bailar entre las estatuas “le dio a la ceremonia una sensación atemporal”.
Una llama separada para los Juegos Paralímpicos de Invierno del seis al 15 de marzo se encenderá el 24 de febrero en el Hospital Stoke Mandeville en Inglaterra, el lugar de nacimiento del movimiento paralímpico.
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Deportes AP: https://apnews.com/hub/deportes
Biden’s Airport Betrayal Bombshell…
Biden’s Airport Betrayal Bombshell…
Authored by Steve Watson via Modernity.news,
A scathing Senate report has unmasked the Biden administration’s deliberate push to repurpose at least 11 U.S. airports as shelters and processing hubs for illegal immigrants—ignoring dire warnings of risks to American travellers and aviation security.
The exposé reveals federal agencies were “directed to find airport facilities that could be used as shelters or migrant processing centers,” branding it a “betrayal of historic proportion” that turned terminals into migrant camps.
The policy has now, of course, completely vanished under Trump, begging the question: How did they ever deem this sustainable amid endless border surges?
🚨 BREAKING: Bombshell Senate report exposes that the Biden administration forced at least 11 airports to HOUSE illegal aliens and migrants – despite warnings it might place American travelers at risk
This is a betrayal of historic proportion.
“Federal agencies were directed to… pic.twitter.com/3OGE4plXzb
— Eric Daugherty (@EricLDaugh) November 25, 2025
The findings stem from a Senate Commerce Committee investigation led by Chairman Ted Cruz (R-TX), launched in August 2024 to scrutinize Biden-Harris “security lapses in vetting and screening illegal aliens at airports.”
As detailed in Cruz’s August 28, 2024, probe announcement, the inquiry targeted DHS Secretary Alejandro Mayorkas for documents on “airport security or threats to security from illegal aliens, sheltering, vetting, or screening of illegal aliens.”
Bombshell report alleges Biden team forced airports to house migrants, risking safety https://t.co/yfCDEXGJd7
— Fox News (@FoxNews) November 25, 2025
By March 2025, Cruz blasted the administration’s non-compliance, noting in a March 5, 2025, statement: “The Biden administration’s practice of housing illegal immigrants at domestic airports, including Boston’s Logan Airport,” with agencies like Massport refusing subpoenas.
Another key source: A September 2024 House Homeland Security Committee report, outlined in a PDF summary, which flagged how “airports have been repurposed for use as shelters for illegal aliens” amid Biden’s “open-borders policies.”
Under Trump, such spectacles are relics—borders tightened, deportations ramped, and airports reclaimed for travelers, not transients.
How did Biden’s regime ever view this as viable? Amid 10 million+ encounters, repurposing hubs like O’Hare, where “throngs of families” lined baggage claims, or Logan, housing hundreds despite “no help” claims, strained security, sparked vetting failures, and fueled terror fears—yet they forged ahead, directing agencies to scout facilities despite warnings.
As Cruz probed, one illegal alien, vetted laxly at an airport, was later arrested for aggravated rape in Massachusetts.
The Biden team flooded the country with so many unvetted entrants that their “Sanctuary Cities” collapsed, so they grabbed the nearest federal real estate available: your airports.
— IredcapI (@IredcapI) November 25, 2025
Making airports homeless shelters was the most ghetto thing our country has ever done.
— Austin-Based (@Austin__Based) November 25, 2025
When do people go to prison for this CRIMINAL activity?
— Jeri Lynn Simpson (@DreamerJeri) November 25, 2025
Your support is crucial in helping us defeat mass censorship. Please consider donating via Locals or check out our unique merch. Follow us on X @ModernityNews.
Tyler Durden
Wed, 11/26/2025 – 08:55
https://www.zerohedge.com/political/bidens-airport-betrayal-bombshell
Charges pending after fatal auto accident overnight in Humboldt Park
Charges are pending after a fatal auto accident overnight in the Humboldt Park neighborhood after witnesses told officers they saw a vehicle traveling at a high rate of speed while attempting to make a U-turn, Chicago police said.
Shortly after 1 a.m., officers responded to an auto accident in the 3700 block of West North Avenue and found a blue sedan had jumped a curb and struck a raised barrier. A 41-year-old passenger suffered trauma to the body and was taken to Stroger Hospital where she was pronounced dead. A 43-year-old man suffered injuries and was also taken to the same hospital where he was listed in fair condition, police said.
Witnesses told police they saw the vehicle traveling at a high rate of speed while attempting to make a U-turn. The driver was placed into custody and charges were pending.
https://www.chicagotribune.com/2025/11/26/charges-fatal-accident-humboldt-park/
Thanksgiving weather: Wind advisory in effect Wednesday, with up to 50 mph gusts expected
A wind advisory is in effect until 10 p.m. Wednesday for portions of northeast, central, north central, east central Illinois and northwest Indiana, National Weather Service officials said.
Officials warn winds coming from the west are expected to be between 25 to 35 mph with gusts up to 50 mph.
Officials said gusty winds are expected to blow around unsecured objects including holiday decorations and tree limbs. Officials warn areas may experience power outages as well as difficult driving conditions on north to south roadways.
During Wednesday, officials said there may be sporadic wind gusts in the area between 55 to 60 mph.
Current morning conditions at O’Hare International Airport are overcast and breezy at 35 degrees. Farther south at Midway Airport conditions are light snow and windy at 35 degrees.
Snow showers are likely Wednesday with windy conditions into the night. Thanksgiving Day is expected to be mostly sunny with temperatures in the mid 30s.
https://www.chicagotribune.com/2025/11/26/thanksgiving-weather-wind-advisory-in-effect-wednesday/
John Deere Calls “Large Ag Cycle” Bottom Next Year – Just As China Ramps Up U.S. Soybean Buying
John Deere Calls “Large Ag Cycle” Bottom Next Year – Just As China Ramps Up U.S. Soybean Buying
Economic conditions for American farmers have been brutal this year, as China shifted much of its soybean and other commodity purchases to South America. But the new Trump-Xi trade deal has sparked hope, with Beijing ramping up U.S. crop purchases once again. If sustained, this could signal that the worst of the farm-sector downturn is finally behind us.
American farmers finally received some clarity from equipment-maker John Deere, which said Wednesday morning in an earnings update that the bottom of the large agricultural cycle may materialize in 2026.
“Looking ahead, we believe 2026 will mark the bottom of the large ag cycle,” John May, chairman and CEO of John Deere, wrote in a statement.
Deere’s fiscal fourth-quarter outlook for 2026 highlights just how fragile the U.S. farm economy remains. It estimated fiscal-year net income between $4 and $4.75 billion, well below the $5.31 billion Bloomberg Consensus, sending shares down about 2% in premarket trading in New York. Deere shares are up 17% on the year, as of Tuesday’s closing.
Here’s a snapshot of Deere’s mixed quarter, beating estimates on several key lines while showing continued margin pressure across major segments (courtsey of Bloomberg):
Headline Results
EPS: $3.93 (vs. $4.55 y/y), topping the $3.88 estimate
Net income: $1.07B, down 14% y/y but slightly above expectations
Total net sales & revenue: $12.39B, up 11% y/y
Production & Precision
Ag: Sales: $4.74B, up 10% y/y and ahead of estimates
Operating profit: $604M, down 8% y/y
Margin compression continues (12.7% vs. 15.3% y/y)
Small Ag & Turf:
Sales: $2.46B, up 6.5% y/y and stronger than expected
Operating profit collapsed to $25M (-89% y/y)
Margin plunged to 1% (vs. 10.1% y/y)
Construction & Forestry:
Sales: $3.38B, up a strong 27% y/y
Operating profit: $348M, up 6% y/y
Margins slipped to 10.3% from 12.3% y/y
Deere’s call that the agricultural cycle will bottom next year comes as the Trump-Xi trade agreement aims to boost U.S. crop shipments. Rising export demand should help improve farmer sentiment and incomes, laying the groundwork for a more meaningful farm-sector recovery.
The latest word from Reuters is that China has purchased at least 10 cargoes of U.S. soybeans worth around $300 million in contracts signed on Tuesday. The purchases were confirmed by two traders with direct knowledge of the deals. This comes just two days after Trump and Xi spoke by phone, during which Trump touted a “great deal for U.S. farmers.”
Tyler Durden
Wed, 11/26/2025 – 08:40
‘Forage of the future’: Minnesota’s StableFeed makes horse- and eco-friendly hay
KASSON, Minn. — There’s a little-known legume that blooms brilliant pink flowers and brings all sorts of benefits to both the soil it grows in and the animals that graze on it.
It’s called sainfoin, and Mary Hartman is building an industry on it.
“This is going to be the forage of the future,” she said.
Hartman’s business, StableFeed, is doing what many governments and universities have tried and failed to accomplish: create a sustainable market for this novel hay that nourishes animals with high protein without causing bloating and acts as a natural de-wormer to boot.
“If we talk about (Hartman’s) biggest hurdle, it’s going to be trying to keep up with the pace of demand,” said Alan Doering, a senior scientist at Minnesota’s Agricultural Utilization Research Institute (AURI).
Hartman originally founded StableFeed in 2017 to sell a homemade chia seed supplement that turned around her horse’s health and is still a strong seller now.
That first year, she had $11,000 in sales.
“I thought, ‘Wow, I have enough to pay for my horse habit,’ ” she said. ”From there, we’ve grown to $1.3 million in sales and profitable for the first time last year.”
By the end of the year, StableFeed, now based out of an expanding office and warehouse in Kasson, could approach $2 million in sales.
That’s a fraction of the $4 billion market for horse feed in North America, which giants like Cargill and Land O’Lakes-owned Purina Mills dominate.
But the rapid uptake of Hartman’s natural forage and supplements shows there’s an appetite in the equestrian world for a change to the status quo.
“I think the movement in the horse world is the same as with dogs and cats: We need a species-appropriate diet,” she said. “The whole purpose is to come up with a clean diet: minimally processed whole foods that are proper for a horse.”
Last year, StableFeed won the Naturally Minnesota Pitch Slam, topping other fast-rising food and ag companies and impressing judges. This month, AURI named it Ag Innovator of the Year, a decades-old prize that helps validate a company’s direction.
“There are so many areas she could expand this sainfoin opportunity,” Doering said.
StableFeed’s chia-biscuit business was already taking off in 2018. But after Hartman came across sainfoin, the plant’s potential gripped her.
She went into Doering’s office with a Ziploc bag of seeds, herbs, flowers and sainfoin she wanted to turn into bags of supplemental horse feed. After a few years of development, this “functional food for horses,” as it says on the bag, is now available at specialty retailers around the country, alongside 100% and blended sainfoin forage pellets.
“She knew exactly where she was going to go, and if she ran into hurdles, production or sourcing, she either went around the hurdle or right through it,” said Doering, who helped formulate StableFeed’s sainfoin-based products. “She is driven.”
Hartman’s commitment came from knowing sainfoin could change the way people care for horses and other livestock.
Grown in Europe and Asia for hundreds of years, sainfoin didn’t find much success in the U.S. until about 60 years ago, when new varieties took root. Still, farmers sparsely plant it, and it’s mostly out West.
Economics have held it back: “The large seed, high seeding rate and high seed prices often reduce interest in using this species,” according to a U.S. Department of Agriculture guide to sainfoin.
Sainfoin can fetch a more favorable price for farmers now that buyers like StableFeed are proving there’s a market.
“They used to make $80 or $90 a ton on sainfoin, and I pay them $200 to $220,” Hartman said.
What started as 50 acres of sainfoin to supply StableFeed has grown to 1,500. The crop StableFeed sources is from Montana, though it could thrive in certain Minnesota soils, too.
The self-seeding perennial doesn’t produce as much volume as alfalfa hay, but as a deep-rooted, drought-resistant crop, it’s better for the environment.
“Sainfoin can sit on the landscape for decades,” Doering said. “It’s like a permanent cover crop while also adding value” from honey production. Pollinators like bees love it.
Chia biscuits and sainfoin were a revelation for Hartman’s horse, Monty. A cycle of health issues had trapped the German riding pony. Medicine and traditional supplements weren’t helping.
Monty’s feed ended up being the key.
“Too much ultra-processed food in your diet, or in a horse’s diet, is not healthy,” Hartman said. “Whole foods are always better. Research shows us that.”
Hartman didn’t set out to build a business, but her success with Monty meant other horses might benefit, too. As the success of her chia supplement grew from word of mouth, StableFeed grew from Hartman’s kitchen to her basement to the garage to a dedicated facility in Kasson, not far from where she lives in Rochester.
Sales kept growing as professional riders, mustang trainers and veterinarians helped spread the word in equestrian circles. Now StableFeed has a small staff and marketing budget, as well as sponsorships with riders.
“Making the switch came from seeing the proof in my horses,” said Florida-based event rider Elisa Wallace in a testimonial video.
Hartman can tell when a horse is on StableFeed, which she calls a supplemental food to complement grass and hay. It’s that shiny coat and ideal topline — basically a horse’s posture and muscle build.
But horses might just be the beginning. Because it’s anti-bloat, sainfoin could help reduce gas — and in turn, methane emissions — from cows.
“Sainfoin is highly palatable to sheep and cattle and is preferred over alfalfa,” the USDA guide said.
Before the livestock revolution, Hartman, 63, is focused first on helping sainfoin reach more horse stables and building a dedicated mill in Montana.
“There’s a plant that can improve soil health and also support farmers, clean up the food supply and support pollinators,” she said. “How often as a human being do you have the privilege of being able to be a part of something like that?”
https://www.chicagotribune.com/2025/11/26/minnesota-stablefeed-hay/
Initial Jobless Claims Tumble To 7 Month Lows
Initial Jobless Claims Tumble To 7 Month Lows
The number of Americans filing for jobless benefits for the first time tumbled to just 216k last week – the lowest since April
Source: Bloomberg
Since the shutdown was lifted, jobless claims among workers in the ‘Deep Tristate’ have tumbled…
Source: Bloomberg
Continuing jobless claims ticked higher – remaining above the 1.9 million level, near its highest since Nov 2021
Source: Bloomberg
…so much for the struggling labor market?
Tyler Durden
Wed, 11/26/2025 – 08:36
https://www.zerohedge.com/personal-finance/initial-jobless-claims-tumble-7-month-lows
Political Fallout Is Biggest Risk For Market After ‘Botched’ UK Budget
Political Fallout Is Biggest Risk For Market After ‘Botched’ UK Budget
“Markets have had to catch up pretty quickly”
The astonishing early reveal of the UK budget’s main measures is causing chaos, with volatile moves in bonds and the pound…
Rachel Reeves’ Budget raises taxes by £26bn, taking the burden to an all-time high of 38 per cent of GDP by the end of the parliament, according to an accidentally released forecast by the Office for Budget Responsibility.
The OBR’s assessment of Reeves’ Budget was published amid chaotic scenes before noon on Wednesday, around 45 minutes before the chancellor delivered her crucial second Budget.
It revealed that Reeves will freeze all personal income tax thresholds until 2030-31, in a move that is expected to raise £8.3bn a year and is the biggest tax-raising measure.
The second-biggest tax measure is a raid on salary sacrifice pension contributions, which will raise an additional £4.7bn. Among the other measures mentioned are charges on electric cars raising £1.4bn, gambling duty reform to bring in £1.1bn, and a council tax surcharge on homes worth more than £2mn, which will raise £400mn in 2029-2030.
As the most unpopular UK Chancellor ever…
…there’s concern among cyber security experts as to how the OBR leak today happened too.
“It’s truly astonishing that such a market sensitive document could find its way online via official channels in advance of the Chancellor’s speech,” Kenny MacAulay, CEO of accounting software platform Acting Office said by email.
“Basic compliance requirements should be in place to prevent this from happening, and a complete review is required about how and why such a major breach would take place.”
But as Bloomberg strategist, Simon White notes, UK market spreads face the bigger risk from the potential political fallout if the budget lands badly, rather than from any major surprises in the announcement.
Never in recent memory has a UK budget had such grim anticipation, nor been so botched in its preparation.
A smorgasbord of leaks and U-turns has preceded what is expected to be a smorgasbord of tax rises and extra spending commitments.
Nevertheless, the market is not yet having a nervous breakdown. A combination of risk spreads and other UK markets, such as sterling, asset swap spreads and bond spreads, has widened recently, but is still well below where it was at the time of Reeves’ first full budget in October 2024.
The market is giving a cautious pass to Reeves’ tax-raising plans (which have been mostly leaked over the last 24 hours), but it’s an uneasy truce. It’s not inconceivable, as also discussed by my colleagues earlier, that pressure will mount on Reeves to quit if her party’s backbenchers don’t like her policies, or it lands especially badly with the electorate.
Unless the narrative shifts away from soaking working people and savers to inflate an already bloated benefits bill, the blowback may be considerable.
If Reeves comes under risk, the Prime Minister would be in the firing line too. There is talk of a “coronation” for Health Secretary Wes Streeting after the local elections in May. Markets discount to the present, and so does politics. Pressure might grow for a change of leadership much sooner.
Streeting would not be expected to be as fiscally loose as some other leadership candidates, but he is an untested quantity. Nor do we know who his Chancellor would be. What we do know is that a typical Labour MP did not get elected to save money.
Markets abhor uncertainty as well as spendthrift politicians. Risk spreads will widen much more sharply if Reeves plays a poor hand badly today.
Andrew Griffith, shadow business secretary, said:
“This Budget process has been a fiasco from start to finish and the unprecedented leak of the OBR’s report is just the final embarrassment.”
Tyler Durden
Wed, 11/26/2025 – 08:26
https://www.zerohedge.com/markets/political-fallout-biggest-risk-market-after-botched-uk-budget
