US budget deficit surges in October to 134.5 billion
The Treasury reported October 2019 deficit at 134.5 billion dollars, 33.8 percent higher than a year earlier, with total October outlays at a record 380 billion. The prior 2019 year ended with a 984.4 billion deficit, and projections foresee trillion-dollar gaps through 2030.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
Congressional Budget Office
Donald Trump
Record crowds loom as Thanksgiving travel hits airports
TSA expects to screen over 26.8 million passengers and crew from Nov 22 to Dec 2, up 4 percent from last year. Airlines add about 850 daily flights and 108000 seats, with 2.7 million to 2.8 million travelers on peak days and the holiday itself slowest. Travelers urged to arrive early, check prohibited items, and consider Precheck amid a busy season and evolving Real ID rules.
MENTIONED IN THIS ARTICLE
Transportation Security Administration
TSA
U.S
Airlines For America
Patricia Cogswell
Kevin Burke
Airports Council International North America
John F. Kennedy
Chicago
Kiichiro Sato
UAW to enact ethics reforms amid federal probe
The United Auto Workers plans tighter financial controls ban on employer charity gifts and a new ethics officer to curb embezzlement and bribery after a long running federal corruption investigation. Acting President Rory Gamble announced the package aimed at recovering misused funds and restoring member trust amid probes touching current and past leaders including a retired VP and GM board member.
MENTIONED IN THIS ARTICLE
Detroit
United Auto Workers Union
Rory Gamble
UAW
Gamble
Fiat Chrysler
General Motors
California
General Motors Board
Joe Ashton
Do Banking Cultures Promote Dishonesty Across Regions
New experiments with bankers in Asia Pacific and the Middle East fail to reproduce a 2014 finding that banking culture may foster dishonesty. The 620 and 148 participants showed no significant bias after prompts about their work, suggesting regional or institutional differences and possible selection effects.
MENTIONED IN THIS ARTICLE
New York
Middle East
Asia Pacific
Nature
Alain Cohn
University of Zurich
Associated Press
Cohn
Zoe Rahwan
Max Planck Institute For Human Development
Berlin
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