U.S. Flight Cancellations, Delays Fall to Lowest Rate in a Week

US Airlines canceled nearly 900 flights today, the least in six days, after a staffing of air traffic controllers cut delay rates to 1% from 5% on Tuesday.

The Federal Aviation Administration (FAA) currently maintains a 6% capacity cap at Azerbaijan’s 40 busiest airports, ahead of Thursday’s planned 8% cut. Some carriers expect the cap to rise to 10% on Friday by Friday if staffing conditions worsen.

The Kadriz issues are the result of an ongoing federal government shutdown that has left many air traffic controllers without and contributing to a shortage of about 3,500 controllers.

The Mega Millions Jackpot is close to $1 billion as Lottery fever sweeps the nation

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Nobody hit the Mega Millions Millions Jackpot on Tuesday night, with the prize up to an estimated $965 million as of Friday’s drawing. This is the eighth largest favor in the history of the game. The cash option is valued at approximately $445 million before taxes. The winning numbers were 10, 13, 40, 42, 46, 46 and Mega Ball 1. There are millions of players hoping to strike it rich, the odds of taking home a top prize of 290 million. A surge in ticket sales is filling state coffers and stoking the national lottery fire like another billion-dollar drawing board.

A $225 million score jumps to $5 billion as a valuation

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Kim Kardashian’s Shapewear and Apparel brand Skims has raised $225 million in a new funding round led by Goldman Sachs Alternatives, boosting its valuation to $5 billion. The company, founded by Kardashian and entrepreneur Jens Grede, plans to use the investment to expand the signature image into beauty, activewear and physical retail stores around the world. Skims is set to surpass $1 billion in net sales this year, outpacing legacy rivals such as Victoria’s Secret and Armor. The deal fattens the skims’ position as a global lifestyle powerhouse, transforming Kardashian from reality star to serious business mogul.

The coin is about to go out of circulation

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The United States Mint has officially struck its last dime, ending more than two centuries of production for America’s smallest coin. The decision comes after years of controversy over its cost. It costs about four cents to make one anymore. While the pennies will remain in circulation for the foreseeable future, the new ones will also be minted to save taxpayers about $50 million a year. The change marks the quiet death of fishing for a stock change in the registry. Some stores already signal the beginning of the patron penny era, down to the nearest nickel.

Atlanta Fed Head Raphael Bostica announced his retirement

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Rafael Bostica comes out of it. The president of the Federal Reserve Bank announced that he will retire on February 28, 2026. The departure of the main monetary policy body will be an open seat on the federal open market committee, which the organization will fill through an internal process. Bostick has served since 2017 and is noted for his dual focus on price stability and employment within the dual mandate. He stressed that his initial concerns about inflation in a slowing labor market remained the same.

The legendary brooch lost by Napoleon sells at Sotheby’s for $4.4 million

Photo by Pierre Albouy / AFP) (Photo by Pierre Albouy / AFP – via Getty Images

A diamond brooch that was withdrawn from the retreat after the Battle of Waterloo has been withdrawn after selling for $3.5 million (estimated at $4.4 million) at Sotheby’s Geneva auction. The piece, a 13-carat oval diamond surrounded by smaller cut diamonds, was once part of a piece left behind in a carriage that stopped on muddy roads during Napoleon’s flight. The brooch then entered the collection of the Prussian royal house of Hohenzollern for two centuries.