Latest Stories Tagged: Business, Finance & Economics

Business, Finance & Economics

After 'Black Monday,' why Americans shouldn't worry, but Chinese should (Updated)

Updated

Stock markets rebounded in Europe and started strongly (but did not finish so) on Wall Street on Tuesday after strong losses in two previous sessions because of fears of weakness in China's economy. China has cut interest rates and its bank has pumped in $200 billion to try to stop China's stock slide.

Business, Finance & Economics

How to bring high-speed trains to the US

Japan's high speed trains run upwards of 200 miles per hour while Amtrak's Acela can only go its top speed of 150 for short stretches. The reason? Outdated infrastructure. After World War II, the US invested in cars, not trains, and today its passenger railways lag far behind countries in Europe and Asia. Harvard Business School professor Rosabeth Moss Kanter lays out a new vision for US transportation in her book "Move: Putting America's Infrastructure Back in the Lead."