Investigators believe the driver of a Metro-North Railroad train wasn’t fully alert moments before the train rounded a curve at almost three times the speed limit and jumped the tracks, killing four people and seriously injuring 11, said a person familiar with the probe.
New York’s Metro-North Railroad is shut down along the Hudson River after a train derailment caused the first passenger fatalities in the line’s 30-year history, renewing scrutiny of safety on one of the city’s major mass- transit arteries.
Around the side or back doors and down 10 steps of the single-family homes in Ozone Park, Queens, lies a netherworld of illegal basement dwellings -- a byproduct of New York’s chronic housing shortage.
Now that we’ve ended the two-week- old government shutdown and avoided the calamity of a default on our sovereign debt obligations, political pundits are debating who won and who lost. The better question is, what should Republicans do next?
U.S. stocks fell the most since August and Treasuries rose as concerns grew that political debate over government spending and potential Federal Reserve stimulus cuts may pose a threat to economic growth. Emerging- markets shares dropped and gold retreated the most in 11 weeks.
U.S. stocks fell, sending benchmark indexes to their biggest declines since August, amid concern that Federal Reserve stimulus reductions and political debate over government spending pose a threat to economic growth this year.
Forty years ago this month, the Organization of the Petroleum Exporting Countries proclaimed an embargo on oil exports to the U.S. as retaliation for its support of Israel in the Yom Kippur War. It would last only five months, but it haunts U.S. energy policy to this day.