Railroads ask federal courts to order FRA to take action on waylaid safety waivers
  • November 8, 2024

Railroads ask federal courts to order FRA to take action on waylaid safety waivers

BNSF Railway, CSX, and Union Pacific filed lawsuits against the Federal Railroad Administration today for its failure to act on a half dozen safety waiver requests that in some cases would allow railroads to scale back visual inspections in areas where they have deployed new high-tech train and track inspection systems. The post Railroads ask federal courts to order FRA to take action on waylaid safety waivers appeared first on FreightWaves.

Gold Heads for Weekly Drop as Traders Weigh Trump, Fed Outlook
  • November 8, 2024

Gold Heads for Weekly Drop as Traders Weigh Trump, Fed Outlook

(Bloomberg) -- Gold fell at the end of a volatile week’s trading, as investors assessed the path ahead for US rates and the implications of Donald Trump’s election victory.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationBullion fell by as much as 1% Friday, on track for its bigg

Wall Street Fed Watchers Dial Back 2025 Rate-Cut Expectations
  • November 8, 2024

Wall Street Fed Watchers Dial Back 2025 Rate-Cut Expectations

(Bloomberg) -- Economists and strategists across Wall Street have dialed back their expectations for US interest-rate cuts next year based on this week’s presidential election of Donald Trump and comments by Federal Reserve boss Jerome Powell.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion,