Morning Wire Friday Afternoon Update | 11.25.22
Nov 25, 2022
As Thanksgiving travel surges, airline passengers are flocking back in numbers reminiscent of pre-pandemic times. Meanwhile, rising interest rates are causing a sharp drop in home investments. The EU is ramping up support for Ukraine, while Dr. Fauci bids farewell in his last COVID-19 press conference. Plus, a sneak peek into the anticipated Avatar sequel and the excitement of college football rivalries adds to the mix. It's a jam-packed update with stories that matter just in time for your commute!
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Air Travel Rebounding
- Air travel is rebounding to pre-pandemic levels, but hasn't yet matched 2019's record.
- TSA anticipates screening 2.5 million passengers daily during the peak Thanksgiving travel week.
COVID-19 Mitigation Advice
- The Department of Health and Human Services recommends masking and social distancing.
- They suggest these measures to combat COVID-19 and long COVID, advocating for expanded government support programs.
Investor Home Purchases Decline
- Rising interest rates and high home prices caused a 30% drop in investor home purchases.
- This decrease impacts the availability of homes for future buyers due to reduced construction and renovation.