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Daily business news and economic stories
  • One of the Obama administration's signature initiatives, high speed rail, may also be rerouted, come November. Andrea Bernstein reports.

  • Budgetary pressures may lead New Jersey Governor Chris Christie to pull the plug on an $8.7 billion commuter rail tunnel under the Hudson River. Christie says cost-overuns may drive the price even higher and he needs that money for roads. It's a harbinger of what's to come for governors around the nation. Andrea Bernstein reports.

  • When you think of taxis, you might think of a scary ride in the back of some big yellow car. But a new analysis of major crashes in New York City — those between cars and pedestrians — reveals a different picture. Collin Campbell reports.

  • The paint for those yellow and white lines you see on the highway has gotten pretty tough to come by for contractors around the world. Anna Boiko-Weyrauch pulled over on highway 51 in Alabama to check it out.

  • Wider roads and new freeways and highways are a big part of the President Obama's stimulus plan, except many urban areas want to tear down highways and freeways, not build them.

  • GPS is used by everyone from stock traders time-stamping trades to farmers driving remote-controlled tractors. Now the GPS satellite system is getting an upgrade promising increased coverage, stability, and accuracy. Sally Herships reports.

  • There's lots of bad news for transit agencies around the country — service cuts, fare hikes, budget deficits — but a few cities have figured out a way to improve their customer service, and spend virtually nothing. Andrea Bernstein reports.

  • Nobody likes paying for parking, but with city budgets tightening more municipalities are eying the parking meter as a source of new funds. Andrea Bernstein reports.

  • New Yorkers have one-third the carbon footprint of the average American because most of them take the subway. That translates to a savings of $19 billion a year, most of which stays in the city. Andrea Bernstein reports.

  • There are many reasons why families face foreclosure, like loss of income or rising health care costs. But several new studies show there's another factor closely linked with foreclosure rates: gas prices. Andrea Bernstein reports.

Transportation Nation