By David Shepardson WASHINGTON (Reuters) -U.S. passenger railroad Amtrak said Monday it has applied for $8 billion in government grants to modernize bridges, tunnels and other aging infrastructure along the busy Washington to Boston corridor, expanding service and building a new station in Arlington, Virginia. Congress approved $66 billion for…

One of my neighbors is an octogenarian who loves gardening and enjoys hosting her family and friends outside. The other day she mentioned that she was stumped about the menu for an upcoming gathering. So she asked ChatGPT to make one for her. After I picked my jaw off the…

Data shows that investing in diversity is a fundamental driver of business success. Getting diversity, equity and inclusion right in any business has proven to have great returns on investment and according to Gartner it can give a business 30% “better performance.” Unfortunately, diversity is sometimes seen as an optional…

Spare a thought for investors trying to figure out a sensible policy for their shares in Europe’s automakers. Germany’s economy is idling at best, but forecasts for European auto sales in 2023 are strong. Corporate earnings are under pressure as production returns to normal and competition is reignited. Electric car…

United Airlines stock (NASDAQ NDAQ : UAL) currently trades at $49 per share, more than 20% below its level in March 2021, and it has the potential for sizable gains. United Airlines saw its stock trading at around $35 in late June 2022, just before the Fed started increasing rates,…

As part of the Inflation Reduction Act signed into law last year, Congress extended the one-time $7,500 “clean car” federal tax credit to help spur sales of electric vehicles, but it only did so selectively. As it stands the credit only applies to EVs that are assembled in the U.S.,…

Surprisingly, one of the first signs of mild cognitive decline can be suffering a financial loss due to making a mistake, such as not correctly completing an investment transaction, or becoming a victim of fraud or exploitation. In many of these situations, retirees are still highly functioning and don’t have…

In response to a request from House Speaker Rep. Kevin McCarthy (R-CA), the Congressional Budget Office (CBO) has estimated the impact of the debt ceiling agreement. The analysis found that under the May 28 version of the bill, budget deficits would be reduced by about $1.5 trillion over the next…

“We’re thinking about paying off the mortgage on our house,” said my client in a recent meeting. This family also wants to pay for both their children to attend college, so their desire to use surplus funds to pay off their mortgage was surprising. “We’ve got extra cash and it…

A rare Victorian-era home―its gas-lit heyday marked by white-glove soirees―has come to market in San Diego’s Bankers Hill district. The 1889 Queen Anne-style home, with its dome-topped tower, wraparound gingerbread porch, carriage house and impeccably maintained interior is priced at $6.485 million. “This is one of San Diego’s best,” says…