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When major construction on the $16 billion Gateway Tunnel gets underway this year, it will eventually double the number of tracks running under the Hudson River between Manhattan and New Jersey. That would, in turn, double the number of trains coming through — except Amtrak says Penn Station can’t fit any more trains. This means when the project is finished in 2038, the new tracks will be little more than a multibillion-dollar redundancy unless something is done. The railroad tried to dodge this question for years, but now that the tunnel is finally funded as of this summer, Amtrak has…

Palmer Luckey was 20 years old when he founded the virtual reality company Oculus VR in 2012.Just two years later, he sold it to Meta for $2 billion in cash and stock. Since then he’s founded Anduril, a defense tech company that’s snapping up government contracts and changing the future of war. The billionaire tech founder grew up in Long Beach, California. His father was a car salesman and his mother homeschooled him. Luckey began attending college courses when he was about 15, building VR headsets on the side as a hobby. He started a journalism major at California State University, Long…

A guide to Sifnos, Milos and Serifos, where seaside tavernas, stylish hotels and ceramics abound. Source link

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Mauricio Umansky shares five key strategies for making (and modeling) more meaningful choices as a brokerage leader. Whether it’s refining your business model, mastering new technologies, or discovering strategies to capitalize on the next market surge, Inman Connect New York will prepare you to take bold steps forward. The Next Chapter is about to begin. Be part of it. Join us and thousands of real estate leaders Jan. 22-24, 2025. When it comes to making smart decisions in real estate — and in life — it’s essential to balance personal intuition and hard data. As professionals in a position of leadership, we must demonstrate…

Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board Building on July 31, 2024 in Washington, DC. Andrew Harnik | Getty ImagesFederal Reserve Chair Jerome Powell laid the groundwork Friday for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.”The time has come for policy to adjust,” the central bank leader said in his much-awaited keynote address at the Fed’s annual retreat in Jackson Hole, Wyoming. “The direction of travel is clear, and the timing and pace of…

Incident in Volgograd took place during meeting of jail’s disciplinary commission with ‘several prisoners’ involved.Russian inmates have taken staff hostage at a prison colony in the southern Volgograd region in the second such event since June, officials said. At least one member of the prison staff was killed in the incident on Friday, state media reported. “During a session of a disciplinary commission, convicts took staff of the penal institution as hostages,” Russia’s federal penitentiary service said in a statement. “Measures are currently being taken to free the hostages. There are casualties,” the statement added. Russia’s investigative committee said “several…

Simone Biles now has some fresh wheels to pair with her new gold and silver … the gymnastics legend revealed Thursday she copped a G-Wagon to celebrate her triumph in Paris. The 27-year-old posed for a pic on the hood of the white Mercedes-Benz to show off the big purchase … after telling her 12.7 million followers she ditched her old matte-black ride for the new car. Biles captioned the photo with three emojis … all showing she was stoked to have the new whip. She also revealed it’s got some custom red interior … which cushioned her Prada bag…

The U.S. Department of Housing and Urban Development (HUD) on Thursday announced the awarding of $3.7 million to a pair of nonprofit organizations and a low-income housing authority to provide low-income seniors with home renovations for the purposes of aging in place. These projects are described as “low-cost, low barrier, high impact home modifications,” they are designed to “reduce older adults’ risk of falling, improve general safety, increase accessibility, and improve their functional abilities in their home,” according to HUD. The funds will be distributed to three organizations across the states of Florida, Maine and Massachusetts. The Center for Independent…

A top gut-health expert shared his go-to breakfast with Business Insider and common breakfast items that he no longer eats.Breakfast foods such as cereal are often ultra-processed, even if they’re marketed as healthy. So Dr. Tim Spector, a British epidemiologist, gut health expert, and cofounder of the science and nutrition company ZOE, has a go-to breakfast combination that he eats every morning that is balanced and gut-healthy.”I used to have granola with some skim milk, orange juice, and tea, and I thought that was a super healthy breakfast,” he said.But since swapping to a more gut-friendly breakfast, Spector has found…