as treasuries become less distorted by central-bank activity, the aaa, aa, single-a, high-quality components should and criminally be forced -- should incrementally be forced wider. so what we are calling for is more of a barbelled approach. maintaining that lower quality exposure to higher income components. romaine: great to get your insights, matt toms, giving us insight about where we stand with what we got out of jay powell and how the fixed income market is reacting. more insight on the equity side. bloomberg intelligence chief equity strategist gina martin adams joining us now. we had a massive rally in tech stocks. gina: pretty good rally in tech and in the dollar, which should have notable consequences for global allocations going into 2022. generally, the equity notion -- the equity market celebrating the notion that we have this pest dispelled by the news, but also the market taking the signal that the terminal rate might not go as high. the fed will work to contain inflation, normalize policy, and they are sticking to their guns despite fears recently about omicron and potential

so with the clock ticking down to christmas, airlines are adding more flights to meet the demand. aaare than 109 million americans will travel for the holidays. representing a 34% increase. nbc bay area's morgan chesky has the latest from dallas, texas. >> reporter: christmas may still be more than a week away but today actually is going to be one of the busiest travel days ahead of the holiday. airports are reporting higher passenger volume. airlines are saying they are actually adding additional flights. so many people have christmas plans, experts say we're approaching pre-pandemic travel levels which could make for awfully crowded skies and roads in the days ahead. despite the growing spread of the covid omicron variant, aaa still estimates more than 109 million americans will travel for the holidays. that's a 34% increase from 2020 and nearing prepandemic levels. it's expected to kick into high gear between december 23rd and january 2nd when airlines see 184% increase in air travel compared to last year. now if you are hitting the roads this holiday season you're definitely not a

holidays and 20 million more than last year. >> this travel season will feel like the pre-pandemic season. >> reporter: aaa says airline travel is expected to see a 104% increase over last year. >> there will be lines at the airport so get there early. >> reporter: and vacationers can expect higher prices this year as ticket prices during christmas week are 5% higher than last year and rates of midrange hotels up 36%. and rental cars are costing 20% more. >> everything will be a little bit more expensive this year. the one area where prices have been sliding his gasoline. >> reporter: the national average for mike regular has dropped $.09. aaa but it's 100 milligrams -- >>> a las vegas institution is about to get a new owner mgm announcing it has sold the mirage casino to hard rock international, the sale closed for around $1.1 billion, the casino has been open since 1989 but hanc 00 andanalt expect rd yo holiday gifts, you don't have much time as usps and fedex have cut off of tomorrow for most regular ground shipping. ups has a deadline of december 21st for three day domestic shipping. right now, the u.s

. >>> speaking of the holidays aaa expects more than 109 million americans to travel at least 50-miles in the immediate day around christmas and new years. that's up almost 34% from last year. the group said that the increase will bring travel back to nearly 2019 levels. more than 100 million americans will hit the road for holiday get aways and gatherings. >>> the sierra is getting much needed snow from the recent storm. more than two feet fell in many areas above 6500 feet. dave has a look at the conditions. >> i wish i had more information on exactly why the road is shut right now. chp officer went by in the opposite direction. i tried to brag him down but he was in a hurry to get to whatever is going on up ahead. here,ly give you a different look here. there you go. here is what it looks like behind me right there. yeah. people just pulled over to the side of the road. the snow is still falling mug the photograph sick stopped. chain control also in effect as you lead to placerville area. three miles east of placerville where you will be pulled over and asked if you have chains or f

it's going to be really busy with travel and also in the air. aaa predicts more than 100 million people will travel in some form in the following week. sfo said over 2 million flew into the u.s. on saturday alone. well over a million reported on the same day over the last year. although there's a big jump in travel this year over last it is still well below the 2019 levels before the pandemic hit. >> let's check in with jeff, he's talking about rain and snow. what you got, jeff? >> we got a lot coming our way this week. good news we continue to see as we look at all of the data is there looks to be decent breaks between each storm system so we should avoid major flooding. but yes it's going to be wet traveling through a lot of california from tuesday through the upcoming weekend. here's what we got tuesday night into wednesday we got a system moving in and another one for thursday morning and third one friday night into saturday. let's move into storm range, mobile doppler radar you can see we're currently dry. we're going to stay with this dry pict

dollars with the ta earning a certificate of achievement for the fourth year in a row and maintaining the aaa bond rating making the ta one of the highest rated organizations in the state. colleagues, we know we have a lot of work to do next year and i'm glad to see the pieces coming together to support that work. this includes the strong partnership with the transbay joint power authority, my pleasure to serve as vice chair this year, including our newly selected executive director. we learned the downtown rail extension project received permission to enter the new starts grant program that sets the project up to apply for funding in 2023. thank you to our executive director and everyone for your dedication to advancing the project. as we'll hear later on in today's meeting, i look forward to speed phase reductions in san francisco thanks to the passage of ab43 this year that the board endorsed and finally allow us to take pedestrian safety into account when setting speed limits on local roads. reducing speeds is one of the most important things we can do to save lives and i want to thank mt

high and low for some positive news to give you today, lauren, and in the person of a fella from the aaa of america, they talk about all kinds of travel. he says he sees light at the end of the tunnel. listen. >> i think that travel will just soar once this virus is behind us because people have been cooped up for nearly two years, and they're ready to go. we'll see a boom not only in people traveling, but in the economy as well which will be a good thing for all of us. >> reporter: but in the meantime, i leave you with a statement from the folks at jetblue which today announced that they're canceling flights into january. folks at jetblue say we expect the number of covid cases in the northeast -- which is where most of their operations personnel are -- to continue to surge for the next week or two. this means there is the high likelihood of additional cancellations. and a happy new year to you for that, lauren. lauren: okay. i've got two things for you, jeff. number one, did you happen to meet that unlucky person who had their christmas flight and their new year's flight both canceled?

the goal is that by december of this year, they'll be a model for the aaa and there will be a virtual briefing to share the findings and next steps and the date for that is to be determined. okay. as you know, we've had an ad hoc committee begin late last year and has been going on through this year on senior homelessness and you each have received a copy of that report. the ad hoc group presented their report at both our august and september meeting and then our september 27th meeting was to finalize the counsel approval and the plan to move forward. as you read in our report and i'll just do briefly a variety of agencies were interviewed due to the pandemic, it was difficult to schedule one with d.a.s. staff. the coalition on homelessness report provided the in their survey provided some results that were then recalculated in order to just look at seniors and the disabled. so they focused on residents who were 60+ in age. african americans represented about 57% among the 60+ responsibilities as opposed to 38% in the larger survey. lgbtq are underrepresented. and there was a question

thank you, larry >>> the travel is about to pickup in the u.s. aaavel between november and january 3rd. aaa predicts the vast majority of travelers, more than 100 million will drive to their destination. airlines are expected to fly almost 6 1/2 million passengers to their holiday destinations. that's triple the number of travelers compared to last year. now, american airline c.e.o. says a return of demand to air travel has been intense. he is expected to tell lawmakers at a hearing wednesday that his company is aggressively bringing new hires. he wants to avoid repeat of thousands of flight cancellations that occurred this fall. >>> covid-19 is also impacting sports. 37 national football league players tested positive for covid-19 on monday. the nfl previously said 94% of its players were vaccinated along with nearly 100% of other league personnel. certain eligible staff are required to get boosters by december 27. this mandate doesn't apply to players, but anyone who has direct contact with them like coaches as well as trainers. >>> in the national

. >>> new this morning, there is finely some relief at the pump. aaa gas dropped four cents in the last week to $3.35 a gallon. let's get over to cnn's matt egan with more on this for us. $3.35 is still high, but is it stabilizing? what else are you seeing? >> reporter: americans are dealing with historic levels of inflation, but there is some good news on the sticker shot front especially with energy. the $3.35 is a seven-week low, down four cents in a week, seven cents in a month. prices are still high, but they finally stopped going straight up. that's for a few reasons. one, this u.s.-led intervention into energy markets, remember, president biden announced the largest ever release of barrels from the strategic petroleum reserve. other countries joined in. the other factor is fears about omicron sent oil prices into a tailspin. we have to keep an eye on this because there's some uncertainty over how long gas prices will continue to tick lower because oil has started to rebound as omicron fears have started to fade. so we could see a reversal on the

drivers may be getting a break at the pump, but there is expected to be plenty of traffic. aaaourtney kealy, cbs news, new york. >>> coming up on "cbs mornings," a followup on tony dokoupil's exclusive interview with the executives behind puff bar. we'll tell you about new scrutiny over the fruit-flavored vaping products. >>> maggie gyllenhaal stops by the times square studio to talk about her directorial debut for the netflix movie "the lost daughter." >>> and comedian jordan klepper from "the daily show" tells us about his latest comedy sketch. >>> that's the "cbs morning news" for this wednesday. thanks for watching. i'm elise preston. have a great day. ♪

the dow is now up more than 25 points. >>> good news for drivers. gas prices are finally falling. according to aaa the national average is sitting at $3.43 for regular. it's higher here, $4.68. by january though the national average is expected to drop around $3 a gallon and then keep falling. the supply chain crisis is hitting the breakfast table. your favorite cream cheese may be harder to find. some shops report their shipments are stuck on ships waiting in port. the craft hines company said demand has skyrocketed since last year as people return to work. the company said that it's increasing production 35% to keep up. >>> happening today a new lego art exhibit in san francisco. >> this is more than fun and games. take a look. it's called the art of the brick. it's the world premiere of the artist piece decisions made of lego bricks. the artist hopes it sparks inspiration. >> the art of the brick is toured the globe and it's never been to san francisco. i use legos because people are familiar with it. it lets them connect to the art in a different way. i think that for me i hope people are insp

if you are one of the millions of people that are going to be driving this christmas aaa has released that. so here's what you need to know in the bay area, aaa predicts that the busiest highway is going to be interstate 80 just right there near the 5.80 junction near down boulevard. they were predicting traffic on that stretch of road to be about a 166% of normal. so avoid that one. if you can the worst day will be december 23rd where they predict between 5.30, at 07:30pm is when most people will be on the roads trying to get to where they need to be. plan around that to 9.52. is the time. we'll take a break. be right back. when a truck hit my car, the insurance company wasn't fair. i didn't know what my case was worth, so i called the barnes firm. i'm rich barnes. it's hard for people to know how much their accident case is worth. let our injury attorneys help you get the best result possible. >> all right. we're wrapping up things here on the kron 00:00am morning news but it never stops on kron on theresa standing by in the newsroom with a preview. good morning. teresa. and good mo

according to triple aaa, the best days to take to the air, christmas day today and january 1.s when the fewest number of people are traveling. jon: let's hope they have pilots for all those planes. the rapid spread of the omicron variant is forcing some churches to cancel in-person christmas services as staff shortages prompts new york's governor to shorten the quarantine period for hospital workers who test positive for covid. charles watson * is live in atlanta. things are looking different this year as a number of churches are canceling or modifying services over concerns that the omicron variant continues to rise. some of the most prominent houses of worship cancelled in-person services. including the washington national cathedral and the old church in boston. they will be exclusive lie online as new york city deals with high transmission rates. holiday shows are also among the traditions that have been turned on their heads. what would normally be a busy time for the industry, the radio city rockettes canceled their shows after a break through of covid cases. they said th

dollars with the ta earning a certificate of achievement for the fourth year in a row and maintaining the aaa bond rating making the ta one of the highest rated organizations in the state. colleagues, we know we have a lot of work to do next year and i'm glad to see the pieces coming together to support that work. this includes the strong partnership with the transbay joint power authority, my pleasure to serve as vice chair this year, including our newly selected executive director. we learned the downtown rail extension project received permission to enter the new starts grant program that sets the project up to apply for funding in 2023. thank you to our executive director and everyone for your dedication to advancing the project. as we'll hear later on in today's meeting, i look forward to speed phase reductions in san francisco thanks to the passage of ab43 this year that the board endorsed and finally allow us to take pedestrian safety into account when setting speed limits on local roads. reducing speeds is one of the most important things we can do to save lives and i want to thank mt

the monday after new year's, the busiest travel day on the back side craig, by the way, aaa is saying of people coming in testing positive for omicron, all of them unvaccinated. >> aaa seems to be right, look at those lines behind you, no one is canceling their plays >> it will be busy >>> and a major setback for president biden's domestic agenda joe manchin said he would be a no vote. the west virginia democrat had been negotiating personally with the president to bring the cost down his announcement during a fox interview caught fellow democrats off guard. the e white housuse says it t wl continue to press manchin to see if he will reverse his position. >>> now the latest spider-man movie smashed box office records. many hoping it's a sign of better times ahead for an industry that struggled through the pandemic joe fryer joins us now with that story. good morning >> good morning. this time of year is typically big for the big screen box office but as we approach the second holiday season in this time of covid, many wondered if that would hold true. fans turned out like they haven't

today is a very busy day here at the airport as folks head out for holiday travel. aaaease from 2020, have plans to travel more than 50 miles. the mask mandate has been extended so if you're traveling, you will be required to keep the mask on. >>> a wet and windy start to the day. meteorologist kari hall is tracking that. >> yeah. we see a cold front moving through the bay area right now. it's giving us a dose of heavier rain for the start of the day. it is pretty widespread as we take a look at storm ranger. only a couple of spotty breaks out there as we see activity continue for the next several hours. in fact, going into the afternoon we may say a few isolated thunderstorms and some small hail. we'll be watching that and of course have updated throughout the morning. >>> we'll have another local news update in 30 minutes. see you back here then. when you have xfinity xfi, you have peace of mind built in at no extra cost. advanced security helps keep your family protected online. pause wifi whenever for ultimate control with the xfinity app. and family-safe browsing g

the price drops to 4.77 in santa clara county for 75 in alameda county and then the to about 4.74 in contra, costa cougty aaa says the cheapest gas per gallon in the bay area right now is in solano county at 4.66 a gallon. >> if you're one of the millions of people driving this holiday season. aaa has released its list of worst times to drive here in the bay area. they're predicting the busiest freeway will be interstate 80 near 5.80, in san pablo dam boulevard. they're predicting traffic on that stretch of road will be a 166% of normal and they say the worst day will be december 23rd thursday between 5, 3730, in the evening. >> area rap legend missed. if ab is giving away more than the gift us on this holiday season this week. he is also hosting another free charity event. the toys for joy christmas drive is taking place this thursday for 5. '03, market street in oakland between noon and 6 at night. people can stop by and take home some various toys, a hot meal and close to keep themselves warm the season. they also in a raffle for gifts like a playstation. the stuff ab says that he uses his platform with t

the nationwide average has dropped by about $0.6. experts say prices have been falling for about a month because of lower crude oil costs right now. aaaeports california's average is $4.67 says. but of course, the bay area is still the most expensive gasoline in the country. as of today, a gallon of regular gasoline is averaging about $4.90 in san francisco. >> and here's a look at the averages in the bay area counties could see them all listed there on your screen or in sonoma san mateo counties are sitting at $4.83. a gallon. aaa says the cheapest gasoline per gallon right now in the bay area is in solano county that's at $4.66 road improvements are coming to the bay area. house speaker nancy pelosi in san francisco today to talk about the projects that will be paid for by the infrastructure. bill was passed last year. she was joined by mayor london breed and u.s. representatives of the east bay and while there are few details right now speaker pelosi says that overall goal is to make the streets safer. percent of roads. account for 75% of severe and fatal accidents. >> with new funding to modernize their data collection will get a

the pump. according to aaa, the national average for a gallon of regular gas is at a seven-week low of $3.35. the bay area are higher than compared to the rest of the country. in san francisco, $4.86. kumasi: new developments in the case of the turpin siblings recently profiled in abc 7 exclusive. reggie: toxic teacher. trouble for this substitute after this video surfaced. first, a check on the weather with mike nicco. mike: taking us down to the south bay. not a lot of sunshine in the forecast. we do have some fog in the inland valleys, including the southern part of the south bay, so watch out for that. drizzle possible today. isolated showers. just put some caution up there in case you run into one of those. temperatures, 46 tooooooooo east bay neighborhoods. i don't think the fog will get much farther than that but we have to watch the fog in the north way that could slip down to the south and cover the san raphael bridge, bay bridge. temperatures in the upper 40's, mid 50's. south bay, average high is 59. getting pretty close today. we may see some sunshine through those high clouds by

lines, if you missed the backed planes, if you missed the traffic, you're really going to love traveling for this holiday. it is so interesting here, aaa it is still not coming off of these numbers. this is the latest projection, just out today from aaa, 109 million americans will travel 50 miles or more between next thursday and january 2nd. about 100 million of those by car. it is so interesting here, these numbers not all that different from where we were in 2019 before the pandemic, only about an 8% difference. now, airlines say they have started to see a wavering in ticket bookings because of the omicron variant, but aaa says people learned to live with this pandemic and that is shown in this forecast. >> all right. pete muntean for us at reagan. i appreciate you being with us, obviously. people make plans, they're hard to change. hopefully everyone travels safe. thank you, sir. >>> "new day" continues right now. >>> good morning to our viewers here in the united states and all around the world. it is tuesday, december 14th. i'm john berman. brianna is off. chief white house correspondent kaitlan collins here with me this morning.

so here's what you want to look out for here in the bay area. aaathe busiest highway will be interstate 80 heading from 5.80, along san pablo dam boulevard. they're predicting the traffic on that stretch of road is going to be well above normal about 166%. they think in terms of congestion in volume, the worst day. well, if you're planning to travel on december 23rd between 5, 3730 in the evening. that's apparently when everybody is going to be on the road doing the same thing. so avoided. if you can leave before 30. yes. >> house speaker nancy pelosi was in san francisco promoting the bipartisan infrastructure bill and how it's going to benefit bay area roads. she was joined by mayor london breed and lawmakers from the east bay. well, few specific details were really speak or pelosi says an overall goal is to make our city streets safer. >> with new funding to modernize our data collection will get a clear picture of where and how are crashes occur. and with 7.2 billion dollars for transportation alternatives nationally will improve safety of sidew

that is the biggest increase on record it's the same story for gas. aaaerage for gas hit about $3.40 per gallon last month, the most since 2014 inflation forcing businesses to pass the rising costs onto customers. and for now, people seem willing to pay up. cnbc's live in el paso, texas, with one business owner's story. christina? >> almost everything we consumel paso that are faced with higher costs from fuel as well as hire wages and higher employee benefits. >> throughout '21 we've been is helpled by the transportation networks like the semis right f steel and aluminum -- truck and trailer prices are through the roof. >> reporter: take, for example, diesel prices that have climbed 46% in the past year but when you compare it to pre-pandemic 2019, price behind me but you have many smaller or private businesses across america, like this trucking terminal here in ela re paso, that are faced with highe payroll for wage costs from fuel, as well as higher wages and higher employee benefits. >> throughout '21, we have beeng costs or pass it on to consumers? c

because of the cost and the handles of travelling this holiday season, aaa says it's estimated 110 millionricans are going to be traveling. you asked where are they going? the number 1 and number 2 destinations are orlando and anaheim, home to theme parks and right behind in the list, number 3, las vegas. neil? >> neil: all warmer weather locations. interesting. david lee miller. people taking to the roads, too, as david lee said. they're hitting them hard and fast even though they're getting hid with steep gas price hikes. we're looking at prices, the highest they've been in at least three years. let's go to madison allworth. she's following that in tampa. >> hi, neil. 100 million americans will be driving. all of them really paying a lot at the pump to fill up before they go on their holiday travels. today the average price of gas is $3.29. according to gas buddy, the number could go down a little bit. we could be hitting $3.25 by christmas. so it's good we're moving in the right direction. here's the thing. we're still near historic highs. the high for christmas day gas was set in 2013

. >>> new this morning despite concerns over the omicron, aaa estimates more than 109 million americansill travel for the holidays but many are wondering is it safe? >> our travel expert is here to talk about that in this week's travel tuesday. >> we are in the thick of the holiday travel season as christmas is fast approaching and it's only going to get busier with it peaking december 23rd through january 2nd. i spoke to a doctor from ucsf about hopping on a plane right now and she said go for it. >> if you are vaccinated it's safe to travel. hopefully anyone who is older, nina round -- you have gotten a booster. >> the booster shot not only helps you but those around you. >> that helps increase our antibodies sew we are more protective around others and with the omicron and those who are vaccinated. this is not 2020. we are in a different phasx you should enjoy your holiday. >> and of course there's the obvious things you can do while traveling to stay safe. wear a mask, wash your hands and stay in outdoor ventilated area itself possible. of course call ahead in case there are any cha

. >> when we had a veteran starter, we will add teaching depth with guys starting the year in aaa or iously, we have added three starting pitchers and expect them to be a big part of the rotation picture for us and will continue to work on it. larry: the a's let marcus semien walk last season. he responded by hitting 45 home runs with the blue jays, a record for a second baseman. when presented with a $175 million offer, he jumped at joining a 102 lost texas rangers team that has already spent over half $1 billion this off-season. >> what they provide for players, you look at the clubhouse and the resources. this is something that, you know, i got a taste of last year with toronto. coming from oakland to toronto, you get a taste of what other organizations do for players. i asked a lot of questions about that. larry: a taste of cash as well. tom brady is making the most of his aquatic time in san -- florida tweeting out this eyewear ad where he is dressed as santa and doing some crazy stuff. seven-time super bowl champion apparently can do anything. that was not tom brady and all of t

assemblies, and it all has to work. >> the essesun shield doesn't h to be 100% perfect, but whats to be damn close to being 100% perfect. >> there is no calling aaa confident we did everything we could on the ground to maximize the possibility of success of this mission. >> reporter: webb's first images about six months away, worth the wait for the chance to see baby pictures of the universe. you have always loved vicks vapors. and now you'll really love new vicks' vapostick. it goes on clear and dries quickly. no mess. just the soothing vicks' vapor for the whole family. introducing new vicks vapostick. ♪ when you have nausea, ♪ ♪ heartburn, ingestion, upset stomach... ♪ ♪ diarrheaaaa.♪ try pepto bismol with a powerful coating action. for fast and soothing relief. pepto bismol for fast relief when you need it most. >>> it is christmas eve, and with presents piled under the tree, a lot of parents get the sense that their kids might not be grateful enough. well, david begnaud paid a visit to an elementary school in southern california where gratitude is taught in the classroom. >> happy holidays! ♪ >> reporter: it is pajama day here at van dean el

. >> despite concerns over the variant aaa is estimating more than 109 million americans are expected to travel for the holidays. >> if you are vaccinated it is completely safe to travel. hope any nina round people with compromised immune systems. >> that was ucsf didder who said that we are in a different part of the pan democrat speck those who are vaccinated with that boost shernell enjoy their holiday. of course doing so safely since omicron isn't the only concern. >> there's a positive aspect to how transmissible omicron is that unlike delta which was more transmissible it does look like it causes less severe disease. >> of course they are the obvious things you can do to stay safe. wear a mark, washy hand. stay in outdoor ventilated areas and call ahead in case of any changes to the areas are you traveling too and if are you unvaccinated test in advance and before you head back to work or school. of course safe travels this holiday season. >>> let's get you travel around the bay area as we like a look at the roadways. you can see traffic, bit slow as you work along 880. we have

the last month. there is expected to be plenty of traffic. aaa predicts 100 million americans will hit the road for the holidays. if you're planning to travel, starting tomorrow, health officials are recommending travelers coming into california get a covid test 3-5 days after their arrival, no matter how they got here. >> if people are getting vaccinated, that should slow down covid-19, as well. i guess we are trying to take the utmost precautions to make sure that we are not spreading. i think that would be fine. >> the state secretary cited a 47% increase in cases and a 14% rise in hospitalizations since thanksgiving. >>> we are taking a live look at the city of oakland where libby schaff once increased, wants increased -- she wants more chp officers and traffic enforcement on highways and high crime streets. she also wants to boost oakland's performance, participation. their request follows the city council's adoption of the plan to unfreeze police positions and hire up to 60 more officers. >>> a live look at the golden gate bridge, it could

could be approaching prepandemic travel levels, which could mean crowded roads and skies in the days ahead. aaas more than 109 million americans will travel for the holidays. it's nearing prepandemic levels. the busy holiday season expected to kick into high gear between december 23rd and january 2nd. if you are hitting the road, prices at the pump starting to ease, gas buddy predicting the national average will drop to $3.25 christmas day, and that's down 10 cents from soaring highs before the holidays. and try to show up about two hours ahead of your flight. if you are bringing a gift make sure it's not wrapped or you could be facing frustration, and if you are bringing holiday treats, as long as it's solid food it should make it through security. >> thank you. >>> this is for the a's proposed stadium. >> could make or break the team's future in the east bay. it will be posted at 8:00 a.m. on the city's site. >>> a beautiful shot. look at that moon! ♪ full moon -- i don't know if that's the song. >> blue moon. >> yeah. we will talk about the music a little later. let's look at the forecast fo

now, on the roads aaa also expecting to see near prepandemic levels. and if you areng this holiday season, your best bet is to hit the road before noon. but the good news here for drivers, gas buddy says gas is down ten cents per gallon since thanksgiving with the national average expected to dip down to 3.25 by christmas and it is expected to fall into the new year. janai. >> that is definitely some good news, those gas prices dropping just in time. reena, thank you so much. >>> now to an emotional day in court. former police officer kim potter taking the stand in her own defense and breaking down during her testimony on the shooting death of daunte wright during a traffic stop. here's abc's faith abubey. >> please have a seat. >> reporter: overnight daunte wright's family attorneys reacting to kim potter's emotional breakdown inside a minnesota courtroom. >> i didn't want to hurt anybody. >> reporter: potter for the first time publicly explaining that she made a deadly mistake during a traffic stop when she shot and killed the 20-year-old minnesota ma

that is according to the aaa projections. it is just after 7:30 on the east coast.e talked a little earlier about pfizer's antiviral pill getting fda approval. that pill made by pfizer seeks to reduce the risk of severe disease by 90% in clinical trials. taken as a pill, soon after covid-19 symptoms start, it is intended for people at high risk of severe disease, including those over 65, as well as people with diabetes. anyone with a weakened immune system. the pill is easier to deliver than previous treatments. there was a lot of discussion about that at yesterday's white house covid-19 response team press gathering. the weekly covid-19 response gathering. this was jeff zients, talking about the approval of that pill. >> we got good news today with the authorization of pfizer's antiviral. merck's pill, along with pfizer's newly authorized pill, add oral treatment options to our nation medicine cabinet. as soon the merging science shows the promise of the antivirals, we acted quickly and aggressively to prepurchase 10 million courses of pfizer and 3 million courses

the bay area who took an early trip to disneyland. >> we have been trapped for two years, and we are feeling a little bit of wanting to do something a little bit normal. >> reporter: aaa said more than 109 million people travel 50 miles or more from now until january 2 and despite concerns about the comecon surge. >> we all were vaccinated and booster shots. >> reporter: while domestic flights don't require proof of vaccination or covid tests, all are required to wear a mask and advised to have patience. you as airlines reporting no uptick in operations another airlines say they are on track to fly 420,000 passengers every day. >> reporter: aaa expects 6 million people to hit the skies over the next few days tripling the amount of holiday travelers flying last year. at lax, the second busiest airport in the nation, people were able to get covid-19 vaccinations and booster shots wednesday. >> it is nice to have it here and free. >> reporter: for those planning holiday gatherings indoors the cdc is warning americans to keep it small and get tested ahead of time. >> that week before people get together is crucial of course if they could get rapid testing like a moment be

. >>> the threat of the omicron variant likely will not slow holiday travel. aaa trips between christmas and new year's. that's not far off the 2019 record of 119 million. that was before the pandemic. let's go to cnn's pete muntean at reagan national airport just outside d.c. this year's holiday calendar is a big factor into the early estimates. >> that's right. it's partly the calendar and partly the confidence that travelers have of getting out again. what's so interesting is that aaa compiled all this data before the comkron variant really struck and it's still sticking by these numbers. aaa predicted 100 million people will drive 50 miles or more between december 23rd and january 2nd. 6 million people will take to the air. look at these numbers. really not all that different than what we saw in 2019 before the pandemic. now airlines say they've seen a bit of wavering in ticket bookings because of the omicron variant. the tsa says we'll come just shy of a new pandemic-era air travel record, pretty hard to beat the last one, the sunday after thanksgiving, 2.45

where a mask. >> as people travel across the country, expect major delays. aaaays that's going to take drivers at least three terms longer just to drive to the airport. thank you very much. the fda has authorized the firs over 19 treatment bill, but medical experts are warning about a supply issue of the drug . let's bring in the panel to debate all. welcome to all of you. let's start with dr. to that great how is this new antiviral in the fight against covid? >> this is a real game changer purposes the first antiviral bill that will keep patients ou of the hospital. making sure we have enough test is just as important. what i love about this it can reduce the incidence of death and hospitalization by almost 9. we got to keep in mind that prevention is better then the care and this bill is not a substitute for the vaccine. but we do have a lot of breakthrough cases. helpfully in the next few days over two weeks, we will have it available even though there is shortage great it's probably going to be first priority give to those that have high risk an underlying m

after weeks of high prices, the cost of gas is on its way down. according to aaaat a seven week low of three dollars and $.35. last year at this time, it was $2.16. in the bay area, we are lucky. we are higher than everyone else. in oakland, the gallon of gas is $4.67. in san jose, not geographically, but by price, 478 it is san francisco, you and $4.76. looking at the nearest stock exchange is trading gets under the weight, -- underway, markets are climbing. the variant may not be economically damaging, and you can see that we are slightly up about 48 points. >> new year's rock in eve is adding a new location. puerto rico. rosalynn sanchez will host on the island, and it will be the first spanish-language countdown of the long-running years eve show. ryan seacrest will host the new year's festivities from times square. billy porter will be in new orleans, and sierra will be in l.a.. you can watch new year's rock and eve on abc 7. >> a substitute teacher in texas has been suspended after he brought a karaoke machine to class and belt out -- belted out a britney sp

the national average for a gallon was $3.29 down from down $0.13 from the peak of 3.42 on november 8th. according to aaa, the av%rage price of gas in california. it's already $4.65 a gallon. coming up next here on kron, 4 news at 9 friends and family waiting for answers after the body of a missing woman is found. >> in the napa river. plus the parents of the teenage girl who was shot by lapd bullet at a burlington store in southern california. they're speaking out about the tragedy and we will hear from them. and what's ahead in the investigation and then we're going to take a look at all the new laws going into effect in january. that we're going to impact california's workplaces. those stories and much mo any parent will tell you the second you have a kid, it's like your heart is living outside of your body, which means you never, ever stop worrying. that's why we got health insurance and for way less than we thought was possible. the kids' doctor and dental checkups are free and i get screenings for my cholesterol and my blood pressure and don't get me wrong, i still worry, just a little less. covere

it's tribling with 6.5 million people are traveling according to aaa, the cost of a mid-range hotel is up 36%. car rental, 20%. >> roadside scenes in maryland are hoping to keep them clear. >> vincent marciolli is making memories he might want to forget he missed multiple flights to sicily he spent the night at the airport. >> it tooks up to 60 minutes for the results so we could be here another three or four hours. >> at least he's going to sicily if you are driving today, the best time to go is right now right now. any time before 1:00 contessa. >> how disappointing to miss your flight because of the covid test. >> he's still going. >> that's the good news. cio. >>> massive pileups shut down a highway in northwest wisconsin today. more than 100 cars and semitrucks crashed state troopers say nobody got hurt parts of california, oregon, utah, idaho and wyoming could see as much as three feet of snow through the holidays. but in the south, hey, break out that christmas swimsuit. houston, dallas, jackson, mississippi, set to have their warmest christmas on record. >>> the battle between

. >> reporter: the rush home for the holidays kicking into high gear aaa predicts more than 100 million people to take to the roads, sky, and other forms of transportation over the christmas holiday. that's up more than 30% from last year. >> we're very excited to have the whole family back together again. >> reporter: airports bustling, rivaling pre-pandemic numbers. but will the quickly spreading variant prompt last minute changes? >> i'm very concerned about it because the flights are full inside the lobby is full. all the planes are full. >> reporter: this man says as omicron cases go up, bookings go down >> you can see, however, in the numbers that the comfort and the level of confidence in traveling is dropping. but not as steep as we've seen in 2020. >> reporter: the surge in cases scrambling a swath of american's christmas time transitions >> find out somebody in the family tested positive for covid. >> reporter: but when he reached out to the airline -- >> they wouldn't refund me my money, and i was stuck with this $900 flight credit we'll likely never use. >> reporter: if you'

that is the biggest increase on record it's the same story for gas. aaases to pass the rising costs on to customers. and for now, people seem willing to pay up. cnbc's kristinea parts neville s has more. >> reporter: you have many smaller or private businesses across america like this trucking terminal here in el paso that are faced with higher costs from fuel as well as hire wages and higher employee benefits. >> throughout '21 we've been constantly increasing prices as fuel has gone up, equipment has gone up, with the shortage of steel and aluminum -- truck and trailer prices are through the roof. >> reporter: take, for example, diesel prices that have climbed 46% in the past year but when you compare it to pre-pandemic 2019, prices are up 6% while private workers' hourly pay increased 5% just this past year alone a recent survey finds the company still plans to set aside another 3.9% of their total payroll for wage increases next year that's the biggest bump since the great financial crisis as fuel and wages continue to climb, private business owners a

still the most expensive in the. 48 states. according to aaa, a gallon of regular going to cost you about 4.84 in san francisco. that price drops to about 4.75 in oakland san jose. but 2 more sense than that. and then the north bay a gallon of regular will cost you roughly for 82. so well, it's not a whole lot cheaper. every little bit helps, especially maybe around the holidays. ken and pam, back to you. all right. grant, thank officials are asking the federal government for help as the omicron variant spreads. >> some local health officials say they're overwhelmed with new cases are running short of supplies, new york city mayor bill de blasio is asking the white house to invoke the defense production act to help provide vaccines antiviral pills and test kits health officials said the biden administration say vaccines still offer the best protection against omicron. meantime, 2 prominent democratic us lawmakers have tested positive for covid-19 new jersey senator cory booker revealed his positive test on twitter last night saying symptoms tha