Falling home prices may be plaguing the US economy, but they are candy to foreign investors, who already have a weak dollar on their side. Buyers from overseas spent roughly $41 billion on US residential real estate last year, a bump up from the previous year. US real estate agents report a surge this Spring especially, as foreign buyers see continued pressure on home prices and ample bargains.
Ask a kid about LeBron James and he'll most likely perk up and say, "Yeah, he's cool." Mention the name Steve Jobs and that same kid will set the ringtone on his iPhone to crickets chirping. Some companies and organizations are aiming to change all that, investing in programs that teach kids that science and technology are cool.
Amtrak is proposing to spend $50 million on preliminary engineering and design for two new rail tunnels under the Hudson River to link New Jersey and New York City.