High-speed train between Dallas and Houston gets federal approval

The high-speed train that promises to transport passengers between Dallas and Houston in 90 minutes has been approved by the Federal Railroad Administration, according to Texas Central Railroad, the company in charge of the project. The U.S. Department of Transportation’s Federal Railroad Administration issued the two key rulings, which provide the regulatory framework and the […]

Economist explains how the U.S. labor market and mass incarceration are interwoven

While President Trump has boasted about how Black employment numbers increased dramatically under his presidency, the Black unemployment rate is still double that of whites. And according to Gbenga Ajilore, a senior economist at the Center for American Progress, when it comes to talking about whether the economy is good for Black Americans, the conversation […]

China’s economy remains resilient despite external risks, says Xi

China’s economy remains resilient and there are ample policy tools at Beijing’s disposal despite rising external risks, President Xi Jinping said in remarks published on Saturday. The world’s second-largest economy has steadily recovered from a virus-induced slump, but analysts say policymakers face a tough job to maintain stable expansion over the next several years to […]