White House threatens to pull billions from California’s high-speed rail project

Trump administration says project – originally from San Francisco to LA – has no ‘viable path’ to move aheadCalifornia’s years-long effort to construct a high-speed rail faces yet another hurdle as the Trump administration said the project had no “viable path” to move ahead and threatened to pull billions of dollars in federal funding.Sean Duffy, the US transportation secretary, released a compliance review report that said the project was in default of the terms of its federal grant awards, and said it had been beset by mismanagement, waste and ever-growing costs. Continue reading...

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U.S. employment increased 139,000 in May; tally is a slowdown from April, yet it beat forecasts

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