The moonscape highways around Fort Lee, New Jersey, have left cracked axles, bent rims and chunks of tire strewn across the lot at George Washington Bridge Towing. While the traffic jams Governor Chris Christie’s crew engineered here are gone, these broken vehicle parts show that the consequences of their boss’s economic choices endure.
Senators in both parties said they are close to an agreement to authorize U.S. highway and mass transit projects for as many as six years, seeking to prevent funds from running out during the mid-year construction season.
China’s first default is prompting investors to discriminate against privately-owned companies, boosting demand for local government bonds even as the central bank warns of the dangers of a $2.9 trillion pile of debt.
The National Labor Relations Board ruling allowing Northwestern University’s football team to become the first college sports union will eventually be decided by the U.S. Supreme Court, NCAA President Mark Emmert said.
Fannie Mae and Freddie Mac, the mortgage-finance giants operating under U.S. conservatorship, would be unwound and replaced by a lender-owned securities issuer under a proposal by U.S. Representative Maxine Waters.
Northwestern University football players were given the right to form college sports’ first labor union in a ruling that could seismically change the $16 billion business of top-level university athletics.
Fannie Mae and Freddie Mac, the mortgage-finance giants operating under U.S. conservatorship, would be unwound and replaced by a lender-owned securities issuer under a proposal from Representative Maxine Waters.