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Whether planning necessary travel in the near term or fantasizing about vacationing in the ever-longer term, you might be curious how the coronavirus pandemic has affected airfare prices.We compared data from our points and miles valuations analysis to determine where and how airfare has changed since this time last year. We looked at the same routes, airlines and booking time frames for both 2019 and 2020, ensuring an apples-to-apples comparison.Although air travel has picked up significantly since the lows in April, the Transportation Security Administration is still reporting about 63% fewer daily screenings than this time last year. Has this drop in air travel demand led to a significant price drop?The short answer is: Yes, prices have fallen.Prices have dropped, but mostly in the short termThe average cost of a domestic round-trip ticket fell 23% in 2020, from 7 in 2019 to 4.This price drop is striking but not surprising given continued low demand. But the trend becomes stronger when breaking out the booking date data, with those made within 15 days dropping much further than bookings made six months in advance.The plot thickens.Airfare for long-term bookings has remained flat year over year. If you book a flight for six months from now, you’re likely to pay roughly the same price as you would have last year. But closer-in bookings, within 15 days, are not only far cheaper than they were in 2019 but also cheaper than long-term bookings.This turns conventional airfare-booking wisdom on its head. Usually, we would recommend booking flights as far ahead as possible to secure low fares. But booking too far in advance is now a recipe for getting fleeced.? Learn more: How to plan holiday travel for maximum flexibility in 2020What’s going on?The management of supply and pricing is usually an exquisitely orchestrated dance in which airlines ensure that every flight is filled to near capacity and every price is competitive. This usually means ramping up prices for nearly full flights at the last minute, when competition becomes stiffer.However, now that demand has dropped and airlines are actually falling over themselves to reduce flight capacity, the game has changed. Airlines are now competing with each other for last-minute bookings, which drives down prices. And they seem to be making up revenue by raising prices on longer-term bookings made by those few brave souls willing to plan in advance. In other words, it’s a buyer’s market for close-in bookings.Of course, these pricing dynamics, like everything this year, are liable to change by the week. If you’re thinking about booking a particular route, set up a price alert on Google Flights or another travel search tool and keep an eye on how the airfare winds are blowing.What do these unusual airfare trends mean for you? Keep it simple: Avoid booking months in advance, set up a price alert and try to shed the normal (and normally smart) habit of avoiding last-minute bookings.More From NerdWalletShould I Pay for My Hotel Using Cash, Points or Both?5 Travel Writers ‘Draft’ Their Favorite Airlines(How) Should I Travel for the Holidays?Sam Kemmis is a writer at NerdWallet. Email: skemmis@nerdwallet.com. Twitter: @samsambutdif. 3242
White House press secretary Sarah Sanders, reading a statement from President Donald Trump, announced Wednesday that former CIA director John Brennan's security clearance has been revoked."As the head of the executive branch and commander in chief, I have a unique constitutional responsibility to protect the nation's classified information, including by controlling access to it. Today, in fulfilling that responsibility, I have decided to revoke the security clearance of John Brennan, former director of the Central Intelligence Agency," she said.In July, the White House announced that it was considering taking such action, which amounts to an unprecedented use of presidential authority to punish political rivals. At the time, critics quickly seized on the announcement, even as those under consideration downplayed the effect losing their clearances might have.Sanders' statement Wednesday cited the CIA's infiltration of Senate computers during Brennan's time at the helm of the agency as a reason for the decision, adding that Brennan has "recently leveraged his status" as a former official to "make a series of unfounded allegations" about the administration, which she called "increasingly frenzied commentary.""Such access is particularly inappropriate when such officials have transitioned into highly political positions," she read.Sanders said Trump is also reviewing the clearances of James Clapper, James Comey, Michael Hayden, Sally Yates, Susan Rice, Andrew McCabe, Lisa Page, Peter Strzok and Bruce Ohr -- all people who have voiced political criticism of Trump. 1593
WILMINGTON, Del. — President-elect Joe Biden fractured his foot while playing with one of his dogs, according to the former vice president's doctor.Biden's office says he suffered the injury on Saturday and visited an orthopedist in Newark, Delaware, for an examination Sunday afternoon.A subsequent CT scan “confirmed hairline (small) fractures of President-elect Biden’s lateral and intermediate cuneiform bones, which are in the mid-foot,” according to a statement from his doctor, Kevin O’Connor.O’Connor says Biden will likely be wearing a walking boot for several weeks as his foot heals.The Associated Press reports that Biden was injured while playing with Major, one of his two dogs. The future first family has another dog, Champ, and they say they plan to also get bring a cat into the White House. 817
WHY DID HE REFUSE TO ENDORSE SLOW JOE UNTIL IT WAS ALL OVER, AND EVEN THEN WAS VERY LATE? WHY DID HE TRY TO GET HIM NOT TO RUN?— Donald J. Trump (@realDonaldTrump) August 20, 2020 187
When "Saturday Night Live" returns to the airwaves in October, they'll be "live from New York" once again.The comedy sketch show announced it on Twitter with a 12-second video. 184