The Department Of Transportation announced that the year-to-date flight cancellation rate is 1.6%, remaining below pre-pandemic levels as Americans prepare for Labor Day weekend. Despite disruptions in July, the rate stayed low. Summer 2024 had record air travel volumes, with 2.7 million daily passengers screened by the TSA since Memorial Day. (UPI)
Stephen Curry and the Golden State Warriors have extended his contract for the 2026-27 season for nearly $63 million. This agreement raises his guaranteed earnings to about $178 million for the next three seasons. By the end of the 2026-27 season, Curry’s on-court earnings will reach approximately $532 million, the second-most in NBA history. (AP)
Denise Prudhomme, a Wells Fargo employee in Tempe, Arizona, was found dead in her office four days after checking in for work. The cause of death is still under investigation, with no signs of foul play reported initially. Wells Fargo expressed sadness over the loss and noted they are reviewing internal procedures to support their workforce. (CBS News)
Four significant breaks were found in the Transcanyon Waterline supplying water to Grand Canyon National Park. Water supply shortages prompted the National Park officials banning overnight lodging on the South Rim ahead of a busy Labor Day weekend. There were no indications of when the water would be fully restored. (ABC News)
The U.S. economy grew at a faster rate in Q2 2024 than initially reported, with GDP rising to 3% from 2.8%. Personal spending played a key role, increasing from 2.3% to 2.9%. Despite inflation exceeding the Federal Reserve’s target, the economy remains resilient. Unemployment claims show stability, and earnings reflect a mixed financial landscape. (NBC News)
