A new report from the Brookings Institution delves into the ridership and financial winners (and losers) for America's largest intercity rail operator. Last year, Amtrak made money on its 26 routes shorter than 400 miles.
Unlike the public transit systems of many other cities, Rochester, New York, recently lowered its fares -- and they've got a budget surplus to boot. But to maintain this economic rarity, service has been reduced.
<p>The upcoming public art project by artist Olafur Eliasson that will place free-standing waterfalls in the waters around New York City highlights the power public art has to generate economic development and revenue for cities.</p>
<p>In an effort to highlight the disparity between generated revenue and received state funding, officials in Long Island have proposed a six-months study to weigh the benefits of seceding from New York to become the nation's 51st state.</p>