National Business

CHARLOTTE, N.C. — Citigroup says profit fell 34% in the third quarter due to weakness in its consumer banking division, as the pandemic continues to make it tough for millions of Americans and businesses to pay their bills.

SILVER SPRING, Md. — U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles. The consumer price index rose 0.2% last month, after gaining 0.4% in August, the Labor Department reported Tuesday.

LONDON — Unemployment in the U.K.

TORONTO — Porter Airlines Inc. is extending its suspension of all flights until Dec. 15, five weeks after its previously announced target to resume flying.

CALGARY — Investors in Canadian gold mining companies are being rewarded with higher dividends as gold prices settle near US$1,900 per ounce after setting record highs above US$2,070 in August. Toronto-based Kirkland Lake Gold Ltd.

A pair of new reports say Canada is undergoing a "K-shaped recovery," with working-class Canadians going deeper into debt while those at the top prosper.

WASHINGTON — The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly a century.

COLUMBUS, Ohio — For many, it's not Christmas without the dance of Clara, Uncle Drosselmeyer, the Sugar Plum Fairy, the Mouse King and, of course, the Nutcracker Prince.

WASHINGTON — Social Security recipients will get a modest 1.3% cost-of living-increase in 2021, but that might be small comfort amid worries about the coronavirus and its consequences for older people.

MONTREAL — The Caisse de depot et placement du Quebec has signed a deal to buy a portfolio of solar power assets in Spain from Q-Energy. Financial terms of the agreement were not immediately available.