Spirit Airlines is filing for bankruptcy ahead of the busy holiday travel season. The budget airline has faced multiple setbacks recently, including rising labor costs and a failed merger with JetBlue. CBS News senior transportation correspondent Kris Van Cleave has more on what this means for travelers.
Market veteran Howard Marks cautions that China’s economic growth target is a ‘Herculean challenge’
Veteran investor Howard Marks is hopeful about China’s growth trajectory, though he believes a monumental feat lies ahead.