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Showing posts with label Thanksgiving. Show all posts
Showing posts with label Thanksgiving. Show all posts

11/25/19

Global Economy:The Calm Before the Economic Storm - by John Mauldin

The Friday after Thanksgiving is known for heavy spending in retail stores, but it’s clear that consumers are increasingly turning to the Internet to make their holiday purchases,” said Comscore Chairman Gian Fulgoni at the time. “Online spending on Black Friday has historically represented an early indicator of how the rest of the season will shake out. That the 22-percent growth rate versus last year is outpacing the overall growth rate for the first three weeks of the season should be seen as a sign of positive momentum.

The Great Recession began one month after this “sign of positive momentum.” A strong holiday shopping season won’t mean we are out of the woods and could mean we are just entering them.

Read more at:The Calm Before the Economic Storm | Equities.com

11/27/14

Thanksgiving Day 2014: This is why the US holiday has a Google Doodle today - Antonia Molloy

Google has celebrated Thanksgiving Day with a bouncing turkey Doodle on its US homepage.

The festive, cheery-looking bird replaces a letter “o” in Google, with the rest of the word spelled out in autumn leaves.

You might think a bird destined for the dinner table would have little to celebrate – but perhaps this one has been spared by President Barack Obama.

The presidential turkey pardon is a quirky annual tradition at Thanksgiving and this year saw a pair of turkeys named Mac and Cheese saved from the slaughterhouse.

The national holiday, which is celebrated on the fourth Thursday of November, can be traced back to the pilgrims arriving in America during the 17th century. The festival was originally held to give thanks to God for a good harvest.

These days it is more often seen as a day on which to count one’s blessings – and is celebrated by Christians and non-Christians alike.

Families and friends come together for a special meal featuring turkey, roast potatoes, vegetables and pumpkin pie.

Most government offices, businesses, schools and other organisations are closed and many employees enjoy a long, four-day weekend.

Meanwhile, many cities celebrate with large-scale events including the famous Macy’s Parade in New York City.

Note EU-Digest: to all our US readers a happy and blessed Thanksgiving  Day !

Read more: Thanksgiving Day 2014: This is why the US holiday has a Google Doodle today - Americas - World - The Independent

11/28/13

US Economy: Eyeing holiday sales, more U.S. retailers to open on Thanksgiving - by Lisa Baertlein


Macy's Inc and a slew of other U.S. retailers are opening on Thanksgiving for the first time ever in a bare-knuckled brawl for a bigger slice of overall holiday sales.

But it might not be so easy to lure most Americans from their turkey and football - particularly if the weather is foul.

Department store rivals Kohl's Corp and J.C. Penney Co Inc led a string of Thanksgiving opening announcements after Macy's said it would open its U.S. stores on the popular holiday, ending a 155-year tradition.

Sales trends, survey results and an online "Save Thanksgiving" backlash suggest that shoppers may resist the urge to splurge on the popular holiday.

But with six fewer shopping days this year than in 2012, retailers who get nearly half of annual profits during winter holiday season are nibbling away at Thanksgiving.

Read more: Eyeing holiday sales, more U.S. retailers to open on Thanksgiving | Reuters

11/26/13

Weather: Thanksgiving travel in the US threatened by deadly storm in eastern US

Millions of Americans in the northeast who are planning to travel for the Thanksgiving holiday this Thursday may not only encounter busy airports and congested highways, but also a deadly storm system bringing heavy winds, rain, snow and sleet to some of the most populous metro areas in the US.

With the storm gathering pace, the 43 million people who are expected to travel 50 miles or more for Thanksgiving were warned to avoid driving during the worst conditions slated for Tuesday and Wednesday.
Those days fall ahead of the Thursday Thanksgiving holiday and are among the busiest days of the year for air travel.

A powerful storm that left at least 21 people dead over the weekend and has already created a mess for air travelers in the western US, especially in Texas, is now threatening to do the same at some of the busiest – and most delay-prone – US airports along the eastern seaboard, meteorologists said Monday.

It forced American Airlines to cancel nearly 1,000 flights at its Dallas/Fort Worth hub Sunday and Monday. AA hopes to resume normal operations there by Monday afternoon, but that could be just in time for new problems to sprout in the East.

The storm will bring heavy snow to interior sections of the Mid-Atlantic and Northeast, but the biggest problems for Thanksgiving fliers will likely be the windy, cloudy and rainy conditions at some the busiest US airports: Logan in Boston, JFK and La Guardia in New York, Newark International, Philadelphia International, Thurgood Marshall in Baltimore and Dulles and Reagan National in Washington.

Read more: Thanksgiving travel threatened by deadly storm in eastern US | euronews,

11/22/12

Thanksgiving : From Europe came the Mayflower and the rest is history

First Thanksgiving celebration
In September 1620, a merchant ship called the Mayflower set sail from Plymouth, a port on the southern coast of England. Typically, the Mayflower’s cargo was wine and dry goods, but on this trip the ship carried passengers: 102 of them, all hoping to start a new life on the other side of the Atlantic. Nearly 40 of these passengers were Protestant Separatists–they called themselves “Saints”–who hoped to establish a new church in the New World.

After a treacherous and uncomfortable crossing that lasted 66 days, they dropped anchor near the tip of Cape Cod, far north of their intended destination at the mouth of the Hudson River. One month later, the Mayflower crossed Massachusetts  Bay, where the Pelgrims, as they are now commonly known, began the work of establishing a village at Plymouth.

Throughout that first brutal winter, most of the colonists remained on board the ship, where they suffered from exposure, scurvy and outbreaks of contagious disease. Only half of the Mayflower’s original passengers and crew lived to see their first New England spring. In March, the remaining settlers moved ashore, where they received an astonishing visit from an Abenaki Indian who greeted them in English. Several days later, he returned with another Native American, Squanto, a member of the Pawtuxet tribe who had been kidnapped by an English sea captain and sold into slavery before escaping to London and returning to his homeland on an exploratory expedition.

Squanto taught the Pilgrims, weakened by malnutrition and illness, how to cultivate corn, extract sap from maple trees, catch fish in the rivers and avoid poisonous plants. He also helped the settlers forge an alliance with the Wampanoag, a local tribe, which would endure for more than 50 years and tragically remains one of the sole examples of harmony between European colonists and Native Americans.

In November 1621, after the Pilgrims’ first corn harvest proved successful, Governor William Bradford organized a celebratory feast where God was thanked for the many blessings during the year past and he also invited a group of the fledgling colony’s Native American allies, including the Wampanoag chief Massasoit. This feast became known as American’s “first Thanksgiving”—although the Pilgrims themselves may not have used the term at the time—the festival lasted for three days. While no record exists of the historic banquet’s exact menu, the Pilgrim chronicler Edward Winslow wrote in his journal that Governor Bradford sent four men on a “fowling” mission in preparation for the event, and that the Wampanoag guests arrived bearing five deer.

Historians have suggested that many of the dishes were likely prepared using traditional Native American spices and cooking methods. Because the Pilgrims had no oven and the Mayflower’s sugar supply had dwindled by the fall of 1621, the meal did not feature pies, cakes or other desserts, which have become a hallmark of contemporary celebrations.

At one time, the turkey and the bald eagle were each considered as the national symbol of America. Benjamin Franklin was one of those who argued passionately on behalf of the turkey. Franklin felt the turkey, although "vain and silly", was a better choice than the bald eagle, whom he felt was "a coward".

That is how Thanksgiving became an American tradition.

Through the years the religious meaning of the festivity has been gradually been replaced, turning it more into a family event with family members coming together from every area of this vast country to share a Turkey dinner with all the trimmings. This year some 50 million Turkey's will end up on the dinner tables of Americans celebrating Thanksgiving. Total sales of Turkey's this year are expected to reach $4.37 billion.

Thanksgiving in America is also seen as the kick-off  for the Christmas shopping season by the commercial world, with the day after Thanksgiving "Black Friday" super sales day bonanza as the crowning  event of  a four weeks shopping frenzy ending with the Day after Christmas super sales.

EU-Digest      




11/23/11

USA: Thanksgiving 2011 Myths and Facts

An estimated 248 million turkeys will be raised for slaughter in the U.S. during 2011, up 2 percent from 2010's total, according to the U.S. Department of Agriculture's National Agricultural Statistics Service. Last year's birds were worth about U.S. $4.37 billion.

About 46 million turkeys ended up on U.S. dinner tables last Thanksgiving—or about 736 million pounds (334 million kilograms) of turkey meat, according to estimates from the National Turkey Federation. (See the Green Guide's suggestions for having a greener—and more grateful—Thanksgiving.)

Minnesota is the United States' top turkey-producing state, followed by North Carolina, Arkansas, Missouri, Indiana, Virginia, and Indiana.

For more: Thanksgiving 2011 Myths and Facts

11/25/10

USA - Thanksgiving 2010: In these hard times, are Americans thankful? - by Patrik Jonsson

A wavering economy, a polarized electorate, a future in fog. On the eve of Thanksgiving 2010, what’s there to be thankful for in America? As in the 1970s, the so-called “misery index” has risen in recent years as the deficit ballooned, incomes flattened, and a mortgage crisis put the dream of home ownership in jeopardy for millions. Yet nearly three years into a national economic crisis, there’s evidence in polling data that gratitude – the positive emotion that flows from the realization you’ve benefited from another’s deeds – is being embraced by Americans as a way to readjust their expectations and reevaluate their lives.

For more: Thanksgiving 2010: In these hard times, are Americans thankful? - CSMonitor.com