As travel industry executives tout the rapid resurgence of tourism and entertainment, the pandemic stock portfolio is getting turned upside down. Airlines stocks are rallying alongside online booking sites, ride-hailing companies and Airbnb, after earnings reports showed clear signs of a recovery in travel. At the same time, stay-at-home stocks are sagging as borders reopen and health experts indicate that an end to the pandemic is in sight.
Amtrak says the $66 billion coming to rail through the $1.2 trillion infrastructure bill will be "absolutely transformational" and "more funding than it’s had in its 50 years of history combined." About half of the money targeted for Amtrak would go to expanding intercity passenger rail across the U.S. — targeting places where there are now few or no routes.
