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Hong Kong's Cathay Says September Passenger Traffic Slumps

Hong Kong's Cathay Says September Passenger Traffic Slumps

Oct 18
Hong Kong airline Cathay Pacific says passenger traffic slumped last month on plummeting demand from mainland Chinese travelers.

Trump's Use of Military Money for Wall Survives Senate Test

Trump's Use of Military Money for Wall Survives Senate Test

By Andrew Taylor | Oct 18
The Senate voted Thursday to sustain President Donald Trump's veto of Democratic-sponsored legislation reversing his raid of military base project money to pay for the U.S.-Mexico border wall.

World Finance Officials Facing Host of Problems

World Finance Officials Facing Host of Problems

By Martin Crutsinger | Oct 18
The leaders of the 189-nation International Monetary Fund and its sister organization, the World Bank, are laying out their visions for the future, hoping to achieve a world with less extreme poverty and more economic growth.

China's Economic Slowdown Deepens, Weighing on Global Growth

China's Economic Slowdown Deepens, Weighing on Global Growth

By Joe McDonald | Oct 18
China's economic growth sank to a 26-year low in the latest quarter amid pressure from a trade war with Washington, adding to a deepening slump that is weighing on global growth.

Retail Worry: Will Wine and Cheese Tariffs Hurt Holiday Sales?

Retail Worry: Will Wine and Cheese Tariffs Hurt Holiday Sales?

By Joyce M. Rosenberg | Oct 17
The tariffs the Trump administration is about to impose on wine, liquor and cheese from Europe couldn't come at a worse time for small retailers.

Trump Rule May Mean 1 Million Kids Lose Automatic Free Lunch

Trump Rule May Mean 1 Million Kids Lose Automatic Free Lunch

By Candice Choi | Oct 17
Nearly a million children could lose their automatic eligibility for free school lunches under a Trump administration proposal that would reduce the number of people who get food stamps.

China Appeals to Washington for Quick End to Trade War

China Appeals to Washington for Quick End to Trade War

By Joe McDonald | Oct 17
China appealed to Washington for a quick end to their trade war but gave no indication Thursday what additional steps Beijing might want before carrying out what President Donald Trump says is a promise to buy up to $50 billion of American farm goods.

Eurozone Inflation Revised Down to Near 3-Year Lows

Eurozone Inflation Revised Down to Near 3-Year Lows

Oct 17
Inflation in the 19-country eurozone has fallen to its lowest rate since November 2016.

United Airlines Posts $1 Billion Profit on Summer Travel

United Airlines Posts $1 Billion Profit on Summer Travel

By David Koenig | Oct 16
Cheaper jet fuel and slightly higher fares helped United Airlines boost third-quarter profit 23% to $1 billion.

Despite Defections, Facebook Officially Launches Libra

Despite Defections, Facebook Officially Launches Libra

By Ken Sweet | Oct 15
Facebook officially moved forward with its plans Monday to create a new digital currency called Libra, despite several high-profile defections from the project and intense criticism from U.S. regulators and politicians.

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