US economy slows US economic growth was slower than first thought in the second quarter, hit by a widening trade deficit. For the quarter, the world #39;s biggest economy grew at an annual rate of 2.8 per cent, down 
US Airways Seeks Court Approval To Cut Union Pay - Report US Airways will ask a bankruptcy court judge to impose emergency pay cuts of 23 percent on its major unions, according to a newspaper report late on Thursday.