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.

About Jay Goodman Tamboli

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Boehner: “We Will Not Stand Idle” On Obama’s Immigration Order

Boehner said that the President’s plan encourages more immigration and “punishes” those who are trying to immigrate legally.

Nixon Gives Back Okinawa, Judah Benjamin Joins The Confederacy, And North Carolina Becomes A State

Plus, Rebecca Fenton is Senator for a day, the U.S. embassy in Islamabad is attacked and Gen. Westmoreland is optimistic over the Vietnam War.

Click here for: Friday, November 21

● FOIA update advances in Senate

● Death row inmate freed after 39 years

● PAC complaint targets Harvard professor

● Walmart artfully dodges $1 billion tax bill

● High expectations for post-turkey shopping

● 3.7 million parents in line for deportation relief

Obama On Immigration: ‘Come Out Of The Shadows’

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“Our immigration system is broken, and everyone knows it,” Obama said.

LISTEN: The Day Ahead – November 21, 2014

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President Obama touts immigration reform in Las Vegas, Joe Biden pledges new assistance during a visit to Ukraine and the Japanese parliament is dissolved.

Pentagon: Sequestration Would Require “Drastic”, “Arbitrary” Cuts

The Department of Defense isn’t taking federal sequestration lying down.