Google is taking an investment stake in the construction of a major undersea power network off the mid-Atlantic coast, the company announced Tuesday. The project is designed to deliver enough energy to power 1.9 million househo…
Earlier this week, Amtrak released its proposal to build a new high-speed rail line connecting Boston and Washington, D.C. The project will cost over $100 billion and take 25 years to build. While rail enthusiasts may be please…
Speaking at a White House press conference, President Obama named Austan Goolsbee as his new top economic adviser. He has a “deep appreciation of how the economy affects everyday people,” Obama said.
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Speaking in Cleveland, President Obama laid out the details of his plan to boost the economic recovery: $50 billion for infrastructure spending; a $100 billion R&D tax credit; and $200 billion to induce U.S. companies to make c…
President Obama will announce billions more in infrastructure spending and tax cuts this week. Supporters say it’s just what the sagging economy needs. But critics worry that with mid-term elections just a few weeks away, the m…