Article
Cost Of California's High-Speed Rail Goes Up Again
Cost Of California's High-Speed Rail Goes Up Again
Authored by Kerry Johnson via Pacific Research Institute for Public Policy,
It was supposed to cost $33 billion when voters approved the train in 2008. It will now cost at least $126 billion.
It was also supposed to be carrying 65.5 million to 96.5 million intercity riders a year by 2030. Yet now 2040 is the date for “full service to start.” Skeptics don’t believe we’ll ever see the train run with paying customers aboard.
“In my judgment, the Draft 2026 Business Plan describes a project that...
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Feb 23, 2026 / Tyler Durden
Core US Factory Orders Better Than Expected In December
Core US Factory Orders Better Than Expected In December
While sentiment is sagging to multi-year lows, 'hard' data is helping support growth forecasts (GDPNOW) and holding stocks at record highs.
This morning we get a fresh glimpse at America's manufacturing segment - hard data - with Orders data (which is expected to drop MoM in December).
After surging higher in November (+2.7% MoM), analysts expected US Factory Orders to drop 0.6% MoM in December but the actual print disappointed, dropping 0.7% MoM
Source: Bloomberg
Interestingly, Core Factory Orders rose 0.4% MoM - better than...
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Mar 27, 2026 / Tyler Durden
Americans Are Becoming More And More Interested In Buying Chinese EVs
Americans Are Becoming More And More Interested In Buying Chinese EVs
As electric vehicle (EV) adoption grows in the United States, a segment of American consumers is increasingly drawn to Chinese-made models—largely due to their affordability, advanced technology, and feature-rich designs. However, steep trade barriers and political resistance continue to keep these vehicles out of the U.S. market, according to Reuters.
With the average price of a new car in the U.S. մոտ $50,000, Chinese EVs—many of which sell for under $30,000 in international markets—are gaining attention for offering strong value....
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Mar 27, 2026 / Tyler Durden
US Offers Up To $3 Million Bounty For Information On Finances Of Haitian Gangs
US Offers Up To $3 Million Bounty For Information On Finances Of Haitian Gangs
Authored by Kimberly Hayek via The Epoch Times (emphasis ours),
The U.S. government on March 25 announced a bounty of up to $3 million for information on the finances of Haiti’s Viv Ansanm and Gran Grif gangs.
Armed police ride in the back of a truck after the streets of the Haitian capital, Port-au-Prince, were deserted following a call for a general strike launched by several professional associations and companies to denounce insecurity in Port-au-Prince, on Oct. 18,...
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