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AdvertisementIt could be all about recessionsSince the 1950s, whenever the US economy fell into a recession, the rate of working men tended to suffer a lasting blow. AdvertisementWhy have recessions appeared to have such a lasting impact on working men? The strong recovery of men working after the pandemic recession could be due to the unique nature of this downturn — which tanked an otherwise healthy economy. And of course, some lucky prime-age men aren't working because they've had a lot of financial success — and already retired. Deciphering how much these explanations have fueled the decline of working men could be worthy of further explanation, the economists said.
Persons: , It's, Abigail Wozniak, Wozniak, David Autor, There's, Jason Furman, Barack Obama's, Elise Gould, Gould, aren't, we've, John M, Coglianese, they've Organizations: Service, Federal Reserve Bank of Minneapolis, Massachusetts Institute of Technology, Washington Post, of Labor Statistics, San Francisco Fed, BLS, Economic, Economic Policy Institute, Federal Reserve
"The benchmark of a six-figure salary used to be the gold standard income," Sabrina Romanoff, a clinical psychologist, told CNBC. "It represented the tipping point of finally earning a disposable income and building savings and spending based on your wants, not just your needs." "It becomes increasingly hard for many families to be able to attain that sort of middle-class lifestyle, that American Dream," Gould said. Consumers using the popular 50-30-20 budget guideline aim to spend 50% of their income on essential expenses, with another 30% for discretionary spending and the remaining 20% for savings. Using that framework, GoBankingRates found that all 50 states require more than a $100,000 annual income, according to the report, with 38 states needing more than $140,000.
Persons: Sabrina Romanoff, haven't, Elise Gould, Gould, GoBankingRates, Jason Reginato Organizations: CNBC, SurveyMonkey, Economic Policy Institute, Consumers
Soon after the attack on Pearl Harbor in 1941, Marian Sousa moved to California to care for the children of her sister Phyllis Gould, who had gone to work as a welder in a Bay Area shipyard. Just a year later, Ms. Sousa, at 17 years old, joined the wartime work force herself, drafting blueprints and revising outdated designs for troop transports. Wearing a hard hat and with a clipboard in hand, she would accompany maritime inspectors on board ships she’d helped design and examine the product of her labors. She and her sister were just two of the roughly 6 million women who went to work during World War II, memorialized by the now iconic recruitment poster depicting Rosie the Riveter, her hair tied back in a kerchief, rolling up the sleeve of her denim shirt and flexing a muscle beneath the slogan, “We can do it!”
Persons: Marian Sousa, Phyllis Gould, Sousa, Rosie Locations: California
Lindsey Nicholson | Universal Images Group | Getty ImagesThe unemployment rate among Black Americans jumped in March, according to data released Friday by the Department of Labor. That's higher than the overall unemployment rate, which edged lower to 3.8% last month, as well as the 3.4% jobless rate for white Americans, which held steady from February. When accounting for gender, the unemployment rate for Black women aged 20 or older spiked to 5.6%, a big increase from the 4.4% rate in February. Gould pointed out that the unemployment rate for Black Americans has been steadily increasing since December. For Black women, the rate ticked lower to 63% from 63.4%, while it inched down to 69.6% from 69.8% among Black men.
Persons: Lindsey Nicholson, Black, Elise Gould, Gould Organizations: Universal, Getty, Black, Department of Labor, Economic, Institute Locations: Queens , New York
Disney proxy battle concluding: Here's what's at stake
  + stars: | 2024-04-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney proxy battle concluding: Here's what's at stakeAlan Gould, Loop Capital managing director, joins 'Squawk Box' to discuss the latest developments in Disney's proxy battle with activist investor Nelson Peltz, who has the upper hand ahead of the shareholder meeting tomorrow, and more.
Persons: Alan Gould, Nelson Peltz Organizations: Loop Capital
Madonna and Barbra Are Fans. Broadway, Meet Lempicka.
  + stars: | 2024-04-01 | by ( Alexis Soloski | ) www.nytimes.com   time to read: +1 min
The playwright Carson Kreitzer specializes in difficult women, disparaged women, women who should be better known. But 14 years ago, when a friend suggested the painter Tamara de Lempicka as a potential subject, Kreitzer wasn’t initially enthusiastic. Flipping through the monograph, image after glossy image, Kreitzer realized that she already knew Lempicka’s brash, gleaming work. “Tamara made me a musical writer,” Kreitzer, who had never written a musical before, said in a recent phone interview. “She demanded it.”After years of development, “Lempicka,” a biomusical by Kreitzer (book and lyrics) and Matt Gould (book and music), opens on April 14 at Broadway’s Longacre Theater.
Persons: Carson Kreitzer, Tamara de Lempicka, Kreitzer wasn’t, Kreitzer, Van Cleef, “ Tamara, ” Kreitzer, , , Matt Gould Organizations: Broadway’s Longacre Locations: Van
In 2003, three decades into her career, Dominique Blanc experienced every actor’s worst nightmare: The phone stopped ringing. Blanc’s character, lifted from a book by the French author Marguerite Duras, awaits her husband’s return from a Nazi concentration camp in 1945, uncertain whether he is even alive. The show grew out of a series of readings she did from the book with the director Patrice Chéreau, a longtime collaborator. In 2008, Blanc pitched him a light stage version, requiring only a table, chairs and old costumes from Blanc’s closet. While Duras’s book was translated into English as “The War: A Memoir,” its original title simply means “Pain,” and in her show, Blanc starkly recreates women’s anguish as their partners return from untold horrors.
Persons: Dominique Blanc, Jean Racine’s “, ” Blanc, , , Florence, Marguerite Duras, Patrice Chéreau, Blanc Organizations: Florence Gould Hall Locations: New York, French
The discombobulating outfit was, in fact, the opening look of Vivienne Westwood’s Fall-Winter 2024 show in Paris — a collection that has proved divisive online. “Vivienne Westwood will be turning in her grave watching Sam Smith in this get up,” wrote one disgruntled fan on X. While many online lamented how Kronthaler’s latest season has “defiled” and “tainted” Westwood’s fashion reputation. The 1990s era of Vivienne Westwood was defined by shape and silhouette, as demonstrated here with Linda Evangelista walking the Fall-Winter 1995 show in Paris. Kronthaler's first solo show for Vivienne Westwood at Paris Fashion Week felt more aligned with the brand's popular 90s silhouettes.
Persons: Sam Smith, trudging, fanny, Mel Gibson’s, Vivienne Westwood’s, Andreas Kronthaler, , Pascal Le Segretain, Vivienne Westwood, Alexander McQueen, John Galliano, Gen, , Linda Evangelista, PL, Kronthaler, Kate Moss, , Vivienne Westwood's, Giovanni Giannoni, Bella Hadid, Kronthaler's Organizations: CNN, Westwood, PL Gould, Vogue, Penske Media, Paris Fashion, Financial Times Locations: Paris, Sharpie
Kremlin political critics, turncoat spies and investigative journalists have been killed or assaulted in a variety of way s. The Russian opposition has lost its brightest star with Navalny's sudden death in a prison colony. “This is a very difficult loss for the Russian opposition,” he told The Associated Press after his death. While Navalny was the first leader to build a national Russian opposition, there were other opposition factions who didn’t like him or his organization. While Navalny’s team continued to publish successful investigative reports, they ultimately suspended the protests and said they would switch to different tactics. OPPOSITION IN EXILEIn the meantime, the Russian opposition faces a future largely in exile without one of its brightest leaders.
Persons: — Alexei Navalny, Vladimir Putin, “ You’re, , Navalny, turncoat, Putin, “ Alexei Navalny, Mikhail Khodorkovsky, Graeme Robertson, ” Khodorkovsky, Garry Kasparov, Mikhail Kasyanov, Vladimir Kara, Murza Jr, PUTIN, , Nigel Gould, Davies, PUTIN Putin, Robertson, Khodorkovsky, Navalny’s, “ Putin Organizations: Kremlin, Associated Press, University of North, Chapel Hill, Corruption Foundation, Corruption, International Institute for Strategic Studies Locations: Russia, University of North Carolina, London, Russian, Ukraine, British, Belarus, Eurasia, Moscow, Germany
Floral tributes to Alexei Navalny, President Vladimir Putin's fiercest foe who died Friday in a Russian penal colony, were removed overnight by groups of unknown people while police watched, videos on Russian social media channels show. Russia's prison service said in the Arctic penal colony where he was serving a 19-year sentence. On Saturday, police blocked access to a memorial in the Siberian city of Novosibirsk and detained several people, OVD-Info said. Videos and photos shared on Russian social media channels showed flowers being cleared from monuments to victims of Soviet-era repressions across Russia. The news of Navalny's death comes less than a month before an election that will give Putin another six years in power.
Persons: Alexei Navalny, Vladimir Putin's, Putin, , Nigel Gould, Davies, Navalny, Yulia Navalnaya, Alexei, Putin’s, ” Navalnaya, Joe Biden, Washington doesn’t, Chancellor Olaf Scholz, Navalny “, Dmitry Peskov, Kira Yarmysh Organizations: Russia's Federal Security Service, International Institute for Strategic Studies, Russia’s Federal, Service Locations: Russian, Russia, Siberian, Novosibirsk, Moscow, British, Belarus, Eurasia, London, Russia’s, Kharp, Germany,
These workers had the highest unemployment rate when breaking down Black, Hispanic and white workers by gender. By comparison, white men saw a jobless rate of just 3.3% in January, holding steady from December. The overall unemployment rate was unchanged from December at 3.7%. This underscores the impact of job losses among Black men, especially considering the fact that the rate for Black women was unchanged between December and January at 4.8%. The tight labor market experienced during the pandemic helped close the gap in work-related opportunities among Black and white men, she said.
Persons: Elise Gould, Gould, it's Organizations: Fs, Getty, Labor Department, Economic, Institute
A run of big draft hits in previous years, two trades for All-Pros and perhaps the greatest get out of jail free card in draft history. He's done all that while getting a salary of $870,000 this season, allowing San Francisco to spend big at other spots. San Francisco also invested heavily in McCaffrey and have the highest-paid fullback in the league in All-Pro Kyle Juszczyk. San Francisco added to the position by dealing a third-round pick at the trade deadline for a former No. San Francisco used a fourth-round pick on punter Mitch Wishnowsky in 2019.
Persons: Trey Lance, Lance, couldn't, Brock Purdy, “ It’s, Trent Williams, Kyle Shanahan, John Lynch, Jed York, “ Kyle, ” York, George Kittle, Fred Warner, Nick Bosa, Deebo Samuel, Talanoa Hufanga —, Williams, Christian McCaffrey, Shanahan, ” Lynch, , it’s, Samuel, Brandon Aiyuk, Francisco, McCaffrey, Kyle Juszczyk, Purdy, Aaron Banks, Colton McKivitz, Jake Brendel, Jon Feliciano, Lynch, Arik Armstead —, Javon Hargrave, San, Chase Young, Dre Greenlaw, Charvarius Ward, Ward, Robbie Gould, Jake Moody, Moody, Mitch Wishnowsky, ___ Organizations: San Francisco 49ers, 49ers, San Francisco, NFC, Kansas City Chiefs, Niners, NFL, Shanahan, Warner, Chiefs Locations: SANTA CLARA, Calif, San Francisco, Purdy, Washington, Francisco, Cleveland
Layoffs and discharges changed little at 1.6 million, remaining at a rate of 1% for the fourth consecutive month. In November, the hires rate fell to 3.5%, the lowest rate since 2014 outside of the Covid-19 pandemic recession. For all of 2023, the hires rate averaged 3.8%, making it only the 11th best year out of 23, she said. There were more job openings a few years ago because of the high turnover. From October to November, job opening rates decreased in four states, increased in two and were little changed in 44 states and the District of Columbia.
Persons: Julia Pollak, Pollak, Elise Gould, Gould, Bustamante Organizations: Getty, U.S . Bureau of Labor Statistics, Labor, Economic Policy Institute, Employers, District of Columbia, Bureau of Labor Statistics Locations: Montana, Arizona, Oregon, California, Connecticut
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNetflix has won the streaming war and deserves its high multiple, says Loop Capital's Alan GouldAlan Gould, Loop Capital managing director, joins 'Squawk on the Street' to discuss to what degree valuation is a concern for shares of Netflix, his take on the advertising business, and more.
Persons: Alan Gould Alan Gould Organizations: Netflix, Loop Capital
Nearly 70 S & P 500 companies are slated to report earnings this week. Of the roughly 52 S & P 500 companies that have reported, just 69% have beaten earnings expectations, according to FactSet. What history shows: Bespoke Investment Group data shows United beats earnings expectations 70% of the time. What history shows: Bespoke data shows Netflix exceeds earnings estimates 81% of the time. What history shows: Bespoke data shows Alaska Air tops bottom-line estimate 72% of the time.
Persons: Buckle, Leslie Josephs, Max, Procter & Gamble, Robert Ottenstein, Procter, headwinds, Trian's Nelson Peltz, , Alan Gould, Jordan Novet, Tesla, TSLA, Elon Musk, Elon, Jefferies, Philippe Houchois, INTC, Timothy Arcuri Organizations: Netflix, Intel, Investors, CNBC, Monday United Airlines, Boeing, Max, Alaska Airlines, FAA, Procter &, Procter, Gamble, HBO, IBM, ISI, Alaska Air Group, Alaska Air, Nvidia, AMD, UBS Locations: Alaska, U.S, China, Europe
Opinion: Our possibly short national nightmare
  + stars: | 2024-01-21 | by ( Richard Galant | ) edition.cnn.com   time to read: +19 min
“My fellow Americans, our long national nightmare is over,” President Gerald Ford said. “Our campaign is the last best hope of stopping the Trump-Biden nightmare,” the former UN ambassador said. If not, it won’t be as protracted a “national nightmare” as the two-year-long Watergate scandal that put Gerald Ford in the Oval Office. Though, depending on your point of view, the real nightmare could begin after the swearing-in. Yet, John Avlon wrote, Trump and some members of the House GOP, want to tank an emerging compromise in the Senate that would couple border security measures with aid to Ukraine.
Persons: CNN —, Richard Nixon, , Gerald Ford, Ford, Gerald Ford’s, Nikki Haley, Joe Biden, Donald Trump, Clay Jones, we’ll, Haley, MAGA, , Frida Ghitis, Trump, ” Haley, ” Trump, Patrick T, Brown, Daniel McCarthy isn’t, Donald Trump’s, Ron DeSantis, Vivek Ramaswamy, ” Nick Anderson, Biden isn’t, Dean Phillips, Cupp, Biden, ” Dana Summers, Karen Finney, Robert E, Lee, ” Finney, , Keith Magee, Julian Zelizer, Trump Samuel L, Adams, King David Border, Adolf Hitler, “ Mein, Paul Moses, Edward Alsworth Ross, Moses, Ross, … ”, — Hitler’s, It’s, who’ve, John Avlon, Scott Stantis, Mike Johnson, Alice Driver, Greg Abbott’s, Jean Carroll, Bill Bramhall, News Trump, Carroll, Danielle Campoamor, “ Carroll, , she’s, Shawn Crowley, Robert C, Gottlieb, ” “, Jack Ohman, Gerald Auten, David Splinter, Jordan McGillis, Thomas Piketty, Emmanuel Saez, Gabriel Zucman, McGillis, Melissa Kearney, ” Elise Gould, Josh Bivens, ” Elisabeth Kendall, Peter Bergen, ” Kendall, Sheena McKenzie, Izzeldin Abuelaish, Peter Rutland, Israel ’, Nafees Hamid, Walt Handelsman, Sara Stewart, Katherine Heigl, Jill Filipovic, Jeremy Allen White, J, Chen, Suzanne Nossel, Jade McGlynn, Holly Thomas, Estee Lauder, mascara, don’t, ” Thomas Organizations: CNN, Netflix, Trump, Biden, UN, New, Republican, Florida Gov, South Carolina Gov, GOP, Democratic, New Hampshire, Agency, Aggression, CNN Town Hall, American Sociological Association, , ified GOP, Texas Gov, News, Brookings, Social, Administration, US, Cambridge University’s Girton College, Wesleyan University, Palestine, Times Locations: Republic, Iowa, New Hampshire, Minnesota, New, Virginia, North Carolina, mealtimes, curriculums, America, Ukraine, New York, Manhattan, Yemeni, Red, Gaza, Israel, Americas
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailConsolidation in streaming will be beneficial for Netflix, says Loop Capital's Alan GouldAlan Gould, Loop Capital managing director, joins 'Closing Bell' to discuss raising his price target for Netflix.
Persons: Alan Gould Alan Gould Organizations: Netflix, Loop Capital
Gould is more bullish than many on Wall Street, as the average price target of analysts polled by LSEG is $484.42. Analyst Harold Antor downgraded the stock to hold from buy and slashed his price target by $4 to $8. Analyst Jeffrey Stantial upgrade the sports betting stock to buy from hold and raised his price target by $5 to $45. Stantial's new price target implies shares can jump 19.9% over the next year from Thursday's close. UBS raised its rating on Texas Instruments to buy and increased its price target to $195 from $170.
Persons: Chipmakers, Wells, Bernstein, PDD, Robin Zhu, Zhu, Temu, there's, Shein, — Alex Harring, Alan Gould, Gould, Jefferies, Hertz, Harold Antor, Antor, There's, Saul Martinez, Martinez, Alex Harring, Stifel, Jeffrey Stantial, Stantial, Wells Fargo, Aaron Rakers, Mark Zuckerberg, Zuckerberg, TXN, Timothy Arcuri, FCF –, Fred Imbert Organizations: CNBC, UBS, Texas, Nvidia, Meta, PDD Holdings, Netflix, HBO, LSEG, Hertz, EV, Jefferies, HSBC, Discover, Facebook, Big Tech, Texas Instruments Locations: China, Thursday's
He also found four poems written by Flora Fairfield, a known pseudonym of Alcott's. As he scrolled through digitized newspapers from the American Antiquarian Society, he found a story titled “The Phantom." I’m interested in gathering more of it.”When first contacted by Chapnick about the writings, Gregory Eiselein, president of the Louisa May Alcott Society, said he was curious but skeptical. This isn't the first time that scholars have found stories written by Alcott under a pseudonym. In the 1940s, Leona Rostenberg and Madeleine Stern found thrillers written under the name A. M. Barnard was an Alcott pseudonym.
Persons: Max Chapnick, Louisa May Alcott, Gould, Charles Dickens, Flora, Alcott's, , she’s, she’s hustling, ” Chapnick, ” Alcott, , — Meg, Jo, Beth, Amy —, Greta Gerwig, Chapnick, Alcott, Gould —, I’m, Gregory Eiselein, I’ve, Louisa Alcott, ” Eiselein, Anne Phillips, “ Alcott, ” There’s, Leona Rostenberg, Madeleine Stern, Barnard, didn’t, We’re, ” Elizabeth Pope, “ We’re Organizations: , Northeastern University, American Antiquarian Society, “ Little, Boston Public Library, Louisa May Alcott Society, Kansas State University, Kansas State, American Locations: WORCESTER, Massachusetts, Concord , Massachusetts, Flora Fairfield, Worcester, Olive
Kyle Juszczyk remembers the different feel when he took the field for the first time in the playoff rivalry between his San Francisco 49ers and the Green Bay Packers. That rivalry of San Francisco and Green Bay is always a big one. Favre followed with two quick touchdown passes as Green Bay rolled to a 27-17 win. Green Bay won the first playoff matchup 23-10 against Mariucci the following year as the frustration mounted in San Francisco. Kaepernick braved the cold of Green Bay the following year and played without long sleeves or gloves.
Persons: Kyle Juszczyk, , ” Juszczyk, , Aaron Rodgers, Mike Holmgren, Steve Young, Brett Favre, Favre, Holmgren, Reggie White, Adam Walker, Francisco’s, Craig Newsome, Desmond Howard, Young, Sean Jones, George Seifert, Steve Mariucci, “ It’s, ” Young, Terrell Owens, Owens, ” Owens, ” Favre, Rodgers, Alex Smith, Colin Kaepernick, Smith, Charles Woodson, SHANAHAN, LAFLEUR, Kyle Shanahan, Matt LaFleur, Shanahan, Raheem Mostert's, Robbie Gould, Deebo Samuel Organizations: San Francisco 49ers, Green Bay Packers, Packers, 49ers, NFC, Niners, Super, Candlestick Park, Dallas, , , Green Bay, Mariucci, Favre, didn’t, San Francisco, Super Bowl Locations: San Francisco, Green, warmups, Atlanta, Francisco’s, Francisco, Green Bay
Read previewA man is suing a former Palm Beach police officer who pulled a gun on him and arrested him improperly after he called police for help. In his complaint, Gould said he called police on May 9, 2023, after a dispute between him and a woman swimming at his apartment complex's pool escalated, and the woman's boyfriend pulled a gun on Gould. Gould was talking on his cell phone when Guerriero arrived, and quickly put the device into his pocket. "Shut your mouth," a video shows Guerriero telling Gould, according to The Palm Beach Post. The Palm Beach Police Department investigated Guerriero's conduct and fired her last August, saying she "violated several department policies."
Persons: , Ryan Gould, Bethany Guerriero, Gould, Guerriero, I've, Guerriero's, James Slater, Slater Organizations: Service, Palm Beach, Business, Former Palm Beach Police Department, Palm Beach Police Department Locations: Florida, Illinois
The speed with which the court scheduled the case may reflect its awareness of the opioid problem. The court, they said, will focus narrowly on the liability shield, an increasingly popular, though contentious, bankruptcy tactic. “I’m sure, though, that even if the opioid crisis doesn’t show up anywhere in the opinion, the court has to be bearing in mind that cities, states and individuals have been desperately waiting for these funds. Though numerous pharmaceutical companies have been sued for their roles in the opioid epidemic, the Sacklers and Purdue loom large in the story of the complex, decades-old crisis. The steep fines did little to deter Purdue from continuing to aggressively market OxyContin.
Persons: , Adam Zimmerman, OxyContin Organizations: University of Southern California’s Gould School of Law, Purdue, Food and Drug Administration, Sackler
Henry Kissinger died at his Connecticut home. The controversial and polarizing statesman made choices in foreign policy that impact the US today. AdvertisementDr. Henry Kissinger, scholar and former US secretary of state, died at 100 at his home in Connecticut, Kissinger Associates, Inc. said in a statement Wednesday. Xi Jinping and Henry Kissinger Nicolas Asouri/ReutersKissinger was a practitioner of realpolitik — using diplomacy to achieve practical objectives rather than advance lofty ideals. Former US Secretary of State Henry Kissinger speaking in October 2023, in an interview about the Gaza attack on Israel.
Persons: Henry Kissinger, , Kissinger, Nancy Kissinger, David, Elizabeth, John Duricka, John F, Kennedy, Lyndon B, Johnson, Golda Meir, PL, — Kissinger, Xi Jinping, Henry Kissinger Nicolas Asouri, Richard Nixon, Nixon, Axel Springer Organizations: Service, Kissinger Associates, Inc, Nazi, State, Paris Peace Accords, Reuters, Harvard, Getty, PL Gould, Senate Armed Services Committee, NPR, National Security Council, Khmer Rouge, ABC, CBS Locations: Connecticut, Nazi Germany, United States, Germany, America, Vietnam, China, Southeast Asia, Latin America, Paris, South Vietnam, Saigon, Israeli, New York City, Soviet Union, Chile, White, Cambodia, Khmer, Gaza, Israel
President Gerald Ford (left) and Secretary of State Henry Kissinger talk together in the Oval Office, February 19, 1975. In his 2001 book "The Trial of Henry Kissinger," social critic Christopher Hitchens called him a war criminal. North Vietnam's Le Duc Tho (left) and US National Security Advisor Henry Kissinger at the Paris peace talks, January 1973. Chairman Zedong of the People's Republic of China meets U. S. Secretary of State Henry Kissinger on Nov. 12, 1973. On a helicopter during the period of shuttle diplomacy in the Middle East, Henry Kissinger talks to his wife, Nancy.
Persons: Henry Kissinger, , Richard Nixon's, Kissinger, Richard Nixon, Richard Corkery, Duc Tho, Gerald Ford, Benjamin E, Ford, Warren Burger, Kissinger's, Paula, Gene, Forte, Seymour M, Hersh bashed Kissinger, Walter Isaacson's, Christopher Hitchens, Greg Grandin, Niall Ferguson, Kant, Clausewitz, Bismarck, Barry Gewen, Gewen, Elizabeth Holmes, Nixon, George Shultz, Holmes, Heinz Alfred Kissinger, Louis, Walter, Hitler, Kissingers, Fritz Kraemer, William Yandell Elliott, Spengler, Toynbee, Metternich, Castlereagh, Alfred Eisenstaedt, Mike Wallace, Wallace, Kennedy, Johnson, Republican Nelson Rockefeller, George Romney, Hubert Humphrey, Democratic Sen, George McGovern, McGovern, Nguyen Van Thieu, Reg Lancaster, Tho, Thieu, Mao, Gen, Agha Muhammad Yahya Khan, Nicolae Ceausescu, Zhou Enlai, Leonid Brezhnev, Andrei Gromyko, Dirck, Sen, Henry Jackson, Charles Vanik, Brezhnev, Spiro Agnew, Archibald Cox, Cox, Robert Bork, White, Alexander Haig, Anwar Sadat, David Hume Kennerly, Marxist Salvador Allende Gossens, Fidel Castro's, Martin Bernetti, Allende, Augusto Pinochet Ugarte, Pinochet, Ann Fleischer, Elizabeth, David, Nancy Maginnes, Rockefeller, Jill St, John, Candice Bergen, Shirley MacLaine, Liv Ullman, Diane Sawyer, , Napoleon, Nancy, David Rubinger, Maginnes, Moshe Dayan, Robert Dallek, Nixon's, Bob Woodward, Carl Bernstein, Paula Kissinger, Brooks Kraft Organizations: Gould, Kissinger Associates, National Security, Waldorf, Astoria, Richard Corkery | New York Daily, Forte, Soviets, State, Chief, New York, Theranos Inc, Economic, Nuremberg, George Washington High School, City College of New, Army, 84th Infantry Division, U.S ., Hesse . Harvard, Harvard, Confluence, Foreign, Eisenhower, Republican, Republican National Convention, Rockefeller and Michigan Gov, Democratic, District of Columbia, US National Security, Getty, Paris Peace, North, Nationalist, China, Bettmann, East Pakistan, of, U.S, Soviet Union ., Ballistic, Soviet, Washington, Egyptian Third Army, Department, West, Marxist, Museum, AFP, CIA, Israeli, Southern California Quaker, White, Partners, Power Locations: New York City, U.S, Connecticut, Richard Corkery | New, United States, Vietnam, Saigon, Viet, Soviet Union, Communist China, Israel, Egypt, Syria, Chile, Pakistan, Theranos, Ukraine, Russia, Davos, Switzerland, Fuerth, Germany, Bavarian, American, Nazi Germany, London, New York, City College of New York, Ahlem, Hanover, German, Krefeld, Hesse, Cambodia, Massachusetts, Haiphong, Paris, North, China, Washington, Taiwan, People's Republic of China, Beijing, Moscow, India, East, Bangladesh, Shanghai, USSR, Soviet, Kremlin, Dirck Halstead, Ohio, Saudi, Japan, Sinai, Alexandria, Cairo, Suez, Americas, Santiago, Cuba, Chilean, America, Europe, Virginia, Southern California
Why doesn’t the US have more passenger trains?
  + stars: | 2023-11-25 | by ( Samantha Delouya | ) edition.cnn.com   time to read: +12 min
Today, the United States’ passenger rail system is an echo of its former self, with swathes of the network unused or surrendered to freight. In 1970, President Richard Nixon signed the Rail Passenger Service Act, which removed the requirement that private rail companies provide passenger service. Mike Segar/ReutersBut many American towns and cities have lost access to passenger trains. Can passenger trains make a comeback? A passenger rides an Amtrak train passing near the Pacific Ocean on November 9, 2021 near Oceanside, California.
Persons: you’ll, Biden, , Miguel Medina, JP Morgan, Jay Gould, Cornelius Vanderbilt, Christian Wolmar, , Yonah Freemark, Bing Guan, Freemark, Dwight D, Eisenhower, Harvey Weber, Paul Hammond, Hammond, Richard Nixon, Daniel Patrick Moynihan, Mike Segar, Ulysses S, Grant, Al Drago, Joe Biden, ” Freemark, Robert Puentes, It’s, ” Puentes, Mario Tama, Brightline, Carline Jean, Tony Coscia Organizations: Los Angeles CNN, Washington , D.C, Brightline, Miami, US Department of Transportation, du, Getty, Amtrak, US, Transcontinental Railroad, Central Pacific Railroad, Union Pacific Railroad, Railroad, CNN, Bloomberg, United States Senate, Newsday, Colorado Railroad Museum, Rail, Service, Hall, Pennsylvania, Bureau of Transportation Statistics, Washington DC, Eno Center for Transportation, Private, Las, Passengers, West Palm Beach, Fort, South Florida Sun Sentinel, Tribune Locations: Europe, Asia, America, United States, Boston, Washington ,, Orlando, California, Los Angeles, San Francisco, Swedish, Paris, AFP, France, Japan, China, Promontory Point , Utah, Compton , California, American, Levittown , New York, Manhattan, New York City , New York, U.S, Indiana, Ohio, Baltimore, Baltimore , Maryland, Potomac, Delaware, Oceanside , California, South Florida, Las Vegas, West Palm, Fort Lauderdale, Florida, South
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