S&P 500   4,279.66 (+0.13%)
DOW   33,941.00 (-0.12%)
QQQ   328.39 (-0.03%)
AAPL   174.03 (-0.30%)
MSFT   290.18 (-0.39%)
META   174.38 (-0.27%)
GOOGL   119.68 (+0.11%)
AMZN   141.60 (-0.35%)
TSLA   913.29 (+0.14%)
NVDA   184.84 (+0.81%)
NIO   19.99 (-0.45%)
BABA   90.14 (+0.41%)
AMD   98.36 (+0.09%)
MU   62.45 (+1.35%)
T   18.49 (+0.38%)
CGC   3.78 (-6.90%)
F   16.02 (-0.06%)
GE   79.58 (-0.43%)
DIS   122.38 (-0.35%)
AMC   19.98 (-6.46%)
PYPL   98.28 (-1.15%)
PFE   48.95 (-0.65%)
NFLX   241.24 (+0.04%)
S&P 500   4,279.66 (+0.13%)
DOW   33,941.00 (-0.12%)
QQQ   328.39 (-0.03%)
AAPL   174.03 (-0.30%)
MSFT   290.18 (-0.39%)
META   174.38 (-0.27%)
GOOGL   119.68 (+0.11%)
AMZN   141.60 (-0.35%)
TSLA   913.29 (+0.14%)
NVDA   184.84 (+0.81%)
NIO   19.99 (-0.45%)
BABA   90.14 (+0.41%)
AMD   98.36 (+0.09%)
MU   62.45 (+1.35%)
T   18.49 (+0.38%)
CGC   3.78 (-6.90%)
F   16.02 (-0.06%)
GE   79.58 (-0.43%)
DIS   122.38 (-0.35%)
AMC   19.98 (-6.46%)
PYPL   98.28 (-1.15%)
PFE   48.95 (-0.65%)
NFLX   241.24 (+0.04%)
S&P 500   4,279.66 (+0.13%)
DOW   33,941.00 (-0.12%)
QQQ   328.39 (-0.03%)
AAPL   174.03 (-0.30%)
MSFT   290.18 (-0.39%)
META   174.38 (-0.27%)
GOOGL   119.68 (+0.11%)
AMZN   141.60 (-0.35%)
TSLA   913.29 (+0.14%)
NVDA   184.84 (+0.81%)
NIO   19.99 (-0.45%)
BABA   90.14 (+0.41%)
AMD   98.36 (+0.09%)
MU   62.45 (+1.35%)
T   18.49 (+0.38%)
CGC   3.78 (-6.90%)
F   16.02 (-0.06%)
GE   79.58 (-0.43%)
DIS   122.38 (-0.35%)
AMC   19.98 (-6.46%)
PYPL   98.28 (-1.15%)
PFE   48.95 (-0.65%)
NFLX   241.24 (+0.04%)
S&P 500   4,279.66 (+0.13%)
DOW   33,941.00 (-0.12%)
QQQ   328.39 (-0.03%)
AAPL   174.03 (-0.30%)
MSFT   290.18 (-0.39%)
META   174.38 (-0.27%)
GOOGL   119.68 (+0.11%)
AMZN   141.60 (-0.35%)
TSLA   913.29 (+0.14%)
NVDA   184.84 (+0.81%)
NIO   19.99 (-0.45%)
BABA   90.14 (+0.41%)
AMD   98.36 (+0.09%)
MU   62.45 (+1.35%)
T   18.49 (+0.38%)
CGC   3.78 (-6.90%)
F   16.02 (-0.06%)
GE   79.58 (-0.43%)
DIS   122.38 (-0.35%)
AMC   19.98 (-6.46%)
PYPL   98.28 (-1.15%)
PFE   48.95 (-0.65%)
NFLX   241.24 (+0.04%)

Storms ground US air travelers as airlines cancel flights


People wait in a TSA line at the John F. Kennedy International Airport on June 28, 2022, in New York. Tens of thousands of flyers had their travel plans upended Friday, Aug. 5, after airlines canceled more than 1,100 flights for a second straight day because of thunderstorms hitting the East Coast. (AP Photo/Julia Nikhinson, File)

NEW YORK (AP) — Tens of thousands of flyers had their travel plans upended Friday after airlines canceled about 1,400 U.S. flights as thunderstorms hit the East Coast.

Another 6,300 flights had been delayed by early evening, according to tracking service FlightAware.

It was the second straight day of major disruptions and the worst day for cancellations since mid-June.

The three major airports in the New York City area and Reagan National Airport outside Washington, D.C., recorded the most cancellations.

American Airlines scrubbed about 250 flights, or 7% of its schedule. Republic Airways, which operates smaller planes for American Eagle, Delta Connection and United Express, canceled a similar number, about 25% of its flights.

Thunderstorms were stopping or delaying early-evening flights in New York, Boston, the Washington, D.C., area, Philadelphia, Baltimore and Denver, according to the Federal Aviation Administration.

About 1,200 U.S. flights were canceled Thursday, 4.6% of all those scheduled.

Travelers have been hit with widespread cancellations and delays this summer. Travel bounced back faster than expected — to about 88% of pre-pandemic levels in July — and airlines weren’t able to increase staffing fast enough. They have been cutting back on schedules in an attempt to make remaining flights more reliable.

Airlines flying in the U.S. had a bad June, canceling more than 21,000 flights or 2.7%, up from 1.8% in June 2019, before airlines pushed workers to quit during the pandemic. The airlines did better in July, however, canceling about 14,000 flights, or 1.8%.

Delays have been more persistent — above 23% in both June and July.

7 Stocks with the Pricing Power to Push Through High Inflation

When inflation rises, it's not difficult to notice higher prices. But you don't have to be very old to understand the expression that a dollar doesn't buy as much as it used to. The Happy Meal was introduced in 1979 for a price of $1.10. Today, that same meal costs $2.99. Yet, it remains one of the restaurant chain's most popular items. It's also a barometer for the economy because of its convenience for parents.

And consider the iPhone which costs 81% more in 2022 than the initial model that launched in 2007. Yet despite the increase in price, consumers are willing to pay whatever is required.

The key to both of these examples, and others like them, is pricing power. A company that has the ability to raise its prices can maintain its profit margins. That means it delivers consistent results regardless of what's happening in the broader economy. In good times, this may be taken for granted. But when the economy slows down, that consistency stands out.

In this special presentation, we're looking at seven companies with significant pricing power at all times, particularly with inflation currently running at 40-year highs.

View the "7 Stocks with the Pricing Power to Push Through High Inflation".

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