Business

On September 19 BP’s Deepwater Horizon well was officially declared sealed after having poured nearly 5 million barrels of oil into the Gulf of Mexico. Coincidentally, the following day the National Bureau of Economic Research announced that the recession that started in late 2007 had ended in June.  While these two crises are now ostensibly over, their effects are likely to be felt for years.

Once part of the urban fabric of the United States, streetcars declined as the automobile rose during the 1930s and 1940s. In the last several decades, however, streetcars have returned to popularity — more than 40 new systems are in planning, construction or operation.