Business

Denver International Airport officials along with Denver Mayor Michael Hancock celebrated what they called a significant milestone in the development of the airport's South Terminal.

The New York Fed just put out its latest report on household debt. It's a good, quick-ish look at the debt picture for ordinary Americans. Here's the key graph:

It shows:

* Household debt is overwhelmingly about mortgages.

* Mortgage debt shot up during the housing boom, and has slowly — slowly — been falling for the past several years.

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is a home run for Major League Baseball.

ESPN agreed yesterday to pay the baseball association $5.6 billion over the next eight years for broadcast and digital rights to games. That is a record, we're told, for baseball broadcasting rights. It is also about double what ESPN currently pays to broadcast Major League Baseball games, although the sports network will be getting a lot more for its money this time around - more international rights, radio rights, rights to more games.

Many travelers using United Airlines faced delays Tuesday, but they weren't connected to Hurricane Isaac. Instead, the airline's computer network crashed, leaving large parts of its system paralyzed Tuesday afternoon.

First noted around 2:15 p.m. EDT, the problems persisted until about 6:30 p.m. EDT, when the airline tweeted that it is "in the process of resuming operations and rebooking customers."