Today’s Business Roundup

Markets

US stocks finish near session lows a day before Thanksgiving. The Dow is down -235.26 points. The S&P and Nasdaq also finished in the red as the debt crises in Europe and the US linger. Traders fear a possible global recession because of the shaky financial troubles here and abroad. The markets and banks will be closed for Thanksgiving but will reopen on Friday.

Biggest Travel Day Of The Year

Today is simply the busiest travel day of the year and airlines are not profiting as much as people think. Not only are jet fuel costs growing but airlines have to brace for the unwanted costs for delays because of bad weather all over the US.

Super Committee Failure Spillover

Congress is just weeks away from voting on expiring payroll tax breaks and extending unemployment benefits. President Obama told an audience at a New Hampshire high school on Tuesday that their taxes would go up an average of $1,000 to $1,500 unless the payroll tax cuts are extended and expanded as part of his jobs bill.

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Hagel Phones Ukraine Counterpart, Pledges Support

Ukrainian Defense Minister Valeriy Heletey requested additional security assistance from the U.S. during the phone call, but the Pentagon would not specify what type of aid was requested.

Virginia’s Same-Sex Marriage Ban Struck Down By Appeals Court

Photo/Nicholas Salazar TRNS

“Civil marriage is one of the cornerstones of our way of life,” Judge Henry Floyd said in the ruling.

LISTEN: The World in Two Minutes – July 28, 2014

WorldIn2Logo

Ban Ki-moon blames Israeli and Palestinian leaders for lack of ‘political will,’ and the Ukrainian armed forces go on the offensive near the site of MH17.

Deal Reached To Provide VA With $17 Billion In Emergency Funding

Erie VA Medical Center Erie, PA. Photo/Dept. of Veterans Affairs.

The bill would authorize $10 billion funds for outside medical care for veterans while empowering the VA Secretary to fire senior-level employees.

The Constellation Is Commissioned, John Kerry Is The Man, And Sonya Sotomayor Takes Her Seat

Flickr Photo/Ralph Alswang

Here’s what happened today in American political history.

Ban Ki-moon: Both Israeli And Palestinian Leaders Failing To ‘Show Humanity’

Following 12-hour weekend ceasefire, U.N. Secretary-General describes aftermath of Israeli assault on Gaza as a ‘man-made hurricane.’