A Federal Railroad Administration study calls for Amtrak to double the service it offers on long-distance overnight trains like this one in New Mexico.Adobe Stock Several Southwest states are eying intercity or interstate passenger trains amid the region’s continuing population boom but their fate remains in the hand of a new administration whose support for
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Beijing has retaliated against Donald Trump’s tariffs on Chinese imports with duties of its own but limited their scope in a possible bid to avoid a full-blown trade war. The measures against US products ranging from liquefied natural gas to cars will take effect on February 10 and were announced on Tuesday, hours after Trump’s
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Standard Digital was €540 now €319 per year Save now on essential digital access to quality FT journalism on any device. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT FT Videos
Adobe Stock Terie Gelberg has lived at the Harborside, a retirement community on Long Island’s North Shore, for almost two decades. It was supposed to be the last home for the 99-year-old wheelchair user with memory issues, but plans to sell the bankrupt municipal bond financed facility to a private equity firm threaten to upend her
<img src=”https://public.flourish.studio/visualisation/21451487/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady Monday, mostly ignoring market movements surrounding President Donald Trump’s imposed tariffs. On Saturday, Trump signed an executive order to impose heavy tariffs on goods — 25% on Canada and Mexico and 10% on China — and all three nations planned retaliation. These tariffs, set to be
Bundles of steel from Nucor Corporation sit for sale at Thompson Building Materials in Lomita, California, on Aug. 30, 2012. Patrick Fallon | Bloomberg | Getty Images U.S. steelmakers should be beneficiaries of President Donald Trump‘s new tariffs, but Wall Street warned that there are some risks in the longer term. On Saturday, Trump slapped
The Transportation Corridor Agencies is executing on a multi-year strategic plan to pay down debt early.Transportation Corridor Agencies The San Joaquin Hills Transportation Corridor Agency in Orange County, California, paid off $200 million in bond debt early saving the agency approximately $203 million in future interest payments. The Transportation Corridor Agencies, which operates both the
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT TrumpCoin cryptocurrency price on Binance website is displayed for illustration photo. Krakow, Poland on Januar 20th, 2025 (Photo by Beata Zawrzel/NurPhoto via Getty Images) Beata Zawrzel | Nurphoto | Getty Images Meme coins plummeted over the weekend as President Donald Trump signed long threatened tariffs
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Asset management giant Vanguard announced broad fee cuts for many mutual funds and ETFs on Monday, reinforcing its standing as one of the cheapest options for investors. The move reduces fees on 87 different funds, and 168 total share classes of those funds. The average
The U.S. housing market was already struggling under the weight of high mortgage interest rates, a low supply of existing homes for sale and historically high home prices. Now tariffs on building materials are adding even more pressure. Roughly 30% of softwood lumber consumed in the U.S. is imported, largely from Canada. Wallboard, known as
Vesnaandjic | E+ | Getty Images The cost to rent is coming down faster in some areas of the U.S. than others. Overall, rent affordability is improving thanks to a combination of factors, said Daryl Fairweather, chief economist at Redfin. One is, there’s more supply. “There are more apartments for rent now because there was
“Tax exempt municipal bonds are a critical financing tool for county governments, allowing investment in large-scale infrastructure projects at a lower cost to taxpayers,” said Mark Ritacco, chief government affairs officer for the National Association of Counties. ”Counties are urging Congress to preserve the tax-exempt status of municipal bonds to avoid significantly shifting infrastructure costs onto
U.S. Securities Exchange Commission staff have been told to seek permission from leadership before formally starting probes, Reuters reported, citing people briefed on the matter who weren’t identified. The change, which marked a move away from recent norms, was made since President Donald Trump took office on Jan. 20, the people told Reuters. The news
New York Gov. Kathy Hochul looks on as Budget Director Blake Washington discusses her budget proposal on Jan. 21.Mike Groll/Office of Governor Kathy Hochul New York Gov. Kathy Hochul is touting targeted tax cuts and one-time cash payouts as part of her $252 billion state budget proposal. “Our budget priorities reflect what New Yorkers expect:
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US consumers face the possibility of higher prices for popular goods such as tomatoes, avocados and tequila following Donald Trump’s decision to slap tariffs on imports from China, Mexico and Canada. The potential
A new wave of economic nationalism has swept across Canada as Donald Trump’s tariffs inspire anger but also a patriotic campaign to “Buy Canadian”. ‘Made in Canada’ signs have popped up in grocery stores, lists of Canadian alternatives to US products are being circulated and comedians are devoting skits on national television to how best
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The EU has said it regrets US President Donald Trump’s decision to hit Canada, Mexico and China with sweeping tariffs, and said it would respond firmly if a threat to expand the trade
Homes burn above Pacific Coast Highway during the Palisades Fire on Jan. 8, 2025, in Pacific Palisades, Calif. Photo by Jeff Gritchen/MediaNews Group/Orange County Register via Getty Images Alicia Kalvin awoke the morning of Jan. 7 to an urgent text from a friend: “There’s a fire on your street.” She hurried outside, alarmed to see
Remains of Karen Bagnard’s Altadena, California, house after it burned in the January 2025 Los Angeles-area wildfires. Courtesy: Chelsea On the night of Jan. 7, Karen Bagnard sat in her Altadena, California, house in the dark. Forceful winds had caused her home to lose power, and she also had no running water, save for one
Remains of Karen Bagnard’s Altadena, California, house after it burned in the January 2025 Los Angeles-area wildfires. Courtesy: Chelsea On the night of Jan. 7, Karen Bagnard sat in her Altadena, California, house in the dark. Forceful winds had caused her home to lose power, and she also had no running water, save for one
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