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A key market sector is signaling the Fed should stay on hold

Recent earnings from railroad operators Norfolk Southern and Union Pacific offer key insights into the state of U.S. commerce, says CNBC's Jim Cramer.The results suggest that the Federal Reserve would do well by keeping its planned interest rate increases on hold, Cramer says.The Federal Open Market Committee, which makes decisions on interest rates, meets this…

If you have to buy a Chinese stock, stick with Alibaba

CNBC's Jim Cramer explains how Alibaba is an investor’s best bet when it comes to investing in Chinese stocks during the trade war.The "Mad Money" host also hears from his resident energy expert, RBN Energy's Rusty Braziel.In the lightning round, Cramer says one best-of-breed stock is a bit expensive for his taste. Lightning round: Cleaning…

Wabtec, GE merger nears completion; Siemens, Alstom merger still a ways off

Rail News Home Mechanical 1/28/2019 Rail News: Mechanical Wabtec, GE merger nears completion; Siemens, Alstom merger still a ways off Wabtec Corp. and GE Transportation late last week announced modifications to the terms of their merger agreement, which was reached in late 2018.The planned merger now is expected to close by February's end, subject to…

STB reveals four Class Is were ‘revenue adequate’ in 2017

Rail News Home Federal Legislation & Regulation 12/27/2018 Rail News: Federal Legislation & Regulation STB reveals four Class Is were 'revenue adequate' in 2017 The Surface Transportation Board (STB) announced last week that the Class Is that achieved "revenue adequacy" for 2017 were BNSF Railway Co., Norfolk Southern Corp.'s combined railroad subsidiaries, Canadian Pacific's Soo…

FRA provides grants for 11 PTC projects

Rail News Home Federal Legislation & Regulation 12/26/2018 Rail News: Federal Legislation & Regulation FRA provides grants for 11 PTC projects Amtrak’s first host-owned territory that was implemented with PTC involved BNSF subdivisions. Photo – Amtrak The Federal Railroad Administration (FRA) announced late last week it awarded $46.3 million in grants for 11 positive train…

U.S. Rep. Lipinski to chair House rail subcommittee

Rail News Home Federal Legislation & Regulation 1/25/2019 Rail News: Federal Legislation & Regulation U.S. Rep. Lipinski to chair House rail subcommittee U.S. Rep. Dan Lipinski (D-Ill.) Photo – congress.gov The House Committee on Transportation and Infrastructure (T&I) announced yesterday that U.S. Rep. Dan Lipinski (D-Ill.) will chair its Subcommittee on Railroads, Pipelines and Hazardous…

FRA allows Denver RTD to proceed with corrective plan

Rail News Home Federal Legislation & Regulation 12/27/2018 Rail News: Federal Legislation & Regulation FRA allows Denver RTD to proceed with corrective plan The University of Colorado A Line operates to Denver International Airport. Photo – RTD-Denver The Federal Railroad Administration (FRA) determined the Regional Transportation District of Denver (RTD) recently filed corrective action plan…

USDOT: Four railroads fully met PTC implementation deadline

Rail News Home Federal Legislation & Regulation 1/2/2019 Rail News: Federal Legislation & Regulation USDOT: Four railroads fully met PTC implementation deadline Employees at work in Metra's PTC lab. Photo – Metra As of Dec. 31, four railroads had fully implemented positive train control (PTC) systems and all others mandated to adopt the technology had…