October 29

On Black Tuesday, panic selling on the New York Stock Exchange led to a staggering collapse in share prices. The event marked the end of the Roaring Twenties' speculative boom and precipitated a global economic downturn. Bank failures, mass unemployment, and widespread poverty ensued as credit dried up and businesses shuttered. Governments responded with new financial regulations and relief efforts, including the U.S. New Deal programs. The Depression's social effects reshaped political landscapes, labor movements, and economic policies worldwide.

On October 29, 2008, Delta Air Lines and Northwest Airlines completed a historic merger, creating the largest airline globally by fleet size and passenger capacity. The union reduced the number of major US legacy carriers from six to five. The deal aimed to streamline operations, expand route networks, and achieve cost efficiencies. Customers gained access to an enhanced frequent flyer program and wider connectivity across continents. The merger sparked discussions on competition, fares, and regulatory oversight in the aviation industry. It set a precedent for future consolidation among global carriers seeking growth in a challenging economic climate.