Global shares mixed...Holiday travel expected to increase

TOKYO (AP) — Global shares are mixed as worries about inflation set off expectations the U.S. Federal Reserve might accelerate its plans to raise interest rates. In early trading in Europe, France’s CAC 40 edged up 0.4%, while Germany’s DAX rose 0.1%. Britain’s FTSE 100 added 0.5%. In Asian trading, Japan’s Nikkei 225 closed 1.6% lower. South Korea’s Kospi slipped 0.1% and Australia's S&P/ASX 200 edged down 0.2%. Hong Kong’s Hang Seng rose 0.1% and the Shanghai Composite also edged up 0.1%. Wall Street is expected to open lower, with Dow futures down 0.1% and S&P 500 futures down 0.1%.

DALLAS (AP) — Auto club AAA predicts that 48.3 million people will travel at least 50 miles from home over the Thanksgiving holiday period, an increase of nearly 4 million over last year despite sharply higher gasoline prices. Many feel emboldened by the fact that nearly 200 million Americans are now fully vaccinated. But it also means brushing aside concerns about a resurgent virus at a time when the U.S. is now averaging nearly 100,000 new infections a day.

WASHINGTON (AP) — President Joe Biden plans to require essential nonresident travelers crossing U.S. land borders, such as truck drivers and emergency response officials, to be fully vaccinated beginning Jan. 22. A senior administration official says the requirement brings the rules for essential travelers in line with those that took effect earlier this month for leisure travelers, when the U.S. reopened its borders to fully vaccinated individuals. Essential travelers entering by ferry will also be required to be fully vaccinated by the same date.

WASHINGTON (AP) — Democrats are hoping that President Joe Biden’s $2 trillion package of family services, health care and climate initiatives will win approval in the 50-50 Senate by Christmas. Compromise legislation was passed in the House on Nov. 19, but in the Senate it faces Republican amendments, restrictive rules and moderate Democrat Sen. Joe Manchin. A final altered version in the Senate would also need House passage.

UNDATED (AP) — The city manager in Newport, Rhode Island, is standing by the city police department’s review of the 1966 death of an employee of wealthy heiress Doris Duke. The city reviewed the case in July after a witness who had never talked to police before came forward after reading a book that suggested that Duke, who was behind the wheel of a car, struck her designer, Eduardo Tirella, with intent. Duke died in 1993. Her father, James Duke, was president of American Tobacco Co. and co-founded the company now known as Duke Energy. Duke University is also named after the family.

Program Guide

  • Bloomberg Radio
    10:00PM - 12:00AM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     
  • Bloomberg Radio
    12:00AM - 1:00AM
     
    Bloomberg Radio is the world's only global 24-hour business radio station.   >>
     
  • Best Stocks Now
    1:00AM - 2:00AM
    Best Stocks Now
    760-736-8258
     
    Bill Gunderson provides listeners with financial guidance that is both   >>
     

See the Full Program Guide