The third largest U.S. railroad operator CSX announced Wednesday it would boost its quarterly dividend by 8%, from 24 cents to 26 cents, returning more of its earnings to shareholders.
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America’s railways are the circulatory system of the economy, so any evidence that points to rail’s recovery is a good sign for the future. Happily, a new report suggests rail freight shipments are gaining momentum.
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Berkshire Hathaway CEO Warren Buffett says that a second, near-term recession in the U.S. is unlikely. Buffett, one of the most successful investors in the world, also says his companies have boosted hiring over the past couple…