Money Matters: Thanksgiving flights to cost $415 on average

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October 10, 2013, 7:43 am
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(NECN) - Your business headlines:

Discussions between President Obama and congress appear to be increasing investor confidence on Wall Street. At the close of trading Wednesday, the Dow had gained 26 points to finish the day at just over 14,800.
     
T-Mobile is increasing the competition among wireless carriers; it's eliminating fees for using data and texting services in more than 100 countries. It's also capping charges for international calls. These changes begin at the end of the month. In March, T-Mobile dropped its 2-year service contracts, instead selling phones with installment plans. That allows customers to upgrade phones more frequently.

Comcast, NECN’s parent company, is launching a new partnership with Twitter next month. Wednesday, the companies announced a deal that will allow Xfinity customers to tune in to shows by pressing a button included in a tweet. The new feature is called See It. This will likely add more value to Twitter, which is getting ready for its highly-anticipated IPO.

Also next month, McDonald's will be adding something new to its happy meals: books. For two weeks only, the fast food chain will distribute 20 million paperback books, instead of toys. This comes as McDonald's faces criticism for its kid-targeted marketing. The books will feature the company's own funky farm happy meal characters.

And hopefully you've already got your ticket home for Turkey Day. According to Travelocity, flight prices for the Thanksgiving holiday will be higher this year. Its data shows the average round-trip domestic airfare, including tax, will be $415, up nearly 7-percent from last year. Travelocity says that $415 is the price to beat this year and should be used as a gauge in shopping for airfare.

Tags: Comcast, Twitter, Wall Street, business , T-Mobile, McDonalds, Money Matters, travelocity, thanksgiving day flights
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