The summer vacation is back — if you can get there, that is. As resurgent demand for air travel collides with a severe staffing shortage in the aviation industry, delayed and canceled flights are rippling through the system. Add in the normal seasonal turbulence of summer thunderstorms and a pilot shortage that predated the pandemic, and you have a recipe for disaster.
On average, about 3% of U.S. flights have been canceled year-to-date, according to flight-tracking firm FlightAware. On Memorial Day weekend, about 5% of scheduled U.S. flights were canceled, and 26% were delayed. On Juneteenth weekend, 6% of flights were canceled, according to Kathleen Bangs, spokesperson at FlightAware.
As the summer travel season heats up, it’s becoming harder for airlines to k…
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When the Supreme Court released its decision overturning Roe v. Wade on June 24, Alexis McGill Johnson was ready. As president and CEO of Planned Parenthood, she had been warning of this outcome long before a leaked draft of the Court’s opinion was published in May. The reproductive rights movement had been working to prevent this moment for years. And yet, McGill Johnson still found it devastating.
Access to abortion quickly changed in about half the country, as providers, patients, lawyers, activists, and state officials scrambled to interpret confusing, overlapping laws–some of which hadn’t been in effect for de…
The cryptocurrency market is now worth more than $3 trillion.
The little more than a decade old market for digital assets has already roughly quadrupled from its 2020 year-end value, as investors have gotten more comfortable with established tokens such as Bitcoin and networks like Ethereum and Solana continue to upgrade and attract new functionality. Excitement about the possibilities of decentralized finance and non-fungible tokens is growing, and memecoins like Dogecoin and Shiba Inu continue to attract attention.
“Bitcoin appears to be pushing out of a bullish flag pattern, and Ether is likely to confirm a long-term breakout on a close above resistance this Friday,” said Katie Stockton, founder and managing partner of Fairlead Strategies, in a note.
As …