Squawk Pod 5 Things to Know Before the Opening Bell 11/24/2025
5 snips
Nov 24, 2025 U.S. airlines anticipate a record 31 million travelers on the Sunday after Thanksgiving. In a surprising turn, the Department of Government Efficiency has been dissolved ahead of schedule. Kohl's names Michael Bender as its permanent CEO following a selection process. The FBI is investigating a hack affecting SitusAMC, a key player for real estate lenders. Meanwhile, Eli Lilly becomes the first health care firm to reach a staggering $1 trillion market cap, despite recent trial setbacks.
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Record Holiday Air Travel Expected
- U.S. airlines expect a record Thanksgiving travel surge with 31 million flyers this period.
- The busiest single day is projected as the Sunday after Thanksgiving with 3.4 million passengers.
Government Efficiency Initiative Ended Early
- The Department of Government Efficiency (Doge) has been ended early, shifting responsibilities to individual agencies.
- The administration says agencies will carry out Doge's cost-cutting mission themselves.
Kohl's Names Interim CEO Permanently
- Kohl's will appoint interim CEO Michael Bender as permanent CEO after interviewing multiple candidates.
- Bender has served as interim chief since spring and been on the board since 2019.