Good news for those who would like to see the Feds raise interest rates. Retail sales were up in August compared to July. Kelly Brothers, financial analyst, expects that the Feds, who are due to meet next week, will be more inclined to raise interest rates if they believe that the economy is improving.
More jobs for American workers as Siemens announced that the project that they are involved in in Florida, a private high-speed railway system connecting Miami, Orlando, West Palm Beach and other points will be getting all their component parts from the US. The components for the rail cars of the All Aboard Florida project will be coming from Ohio, Kentucky and Indiana; while the assembly of those cars will be taking place in the Siemens plant in South Sacramento, California.