The Eisenhower Tunnel is the longest mountain tunnel in the world, located in the Rocky Mountains of Colorado. It was completed in 1979 and bypasses Loveland Pass. The original spacing was changed in 2007 due to the trucking industry’s request. Seven workers died during its construction. Of the more than 41,000 miles (65,983 km) of […]
The Interstate Commerce Act of 1887 shifted the responsibility of regulating the US economy from individual states to the federal government, creating the Interstate Commerce Commission (ICC). The act required rail and shipping rates to be reasonable and fair, outlawed secret discounts and price discrimination, and gave the ICC the power to enforce its provisions […]
Interstate banking in the US was historically restricted by state and federal laws, but these have gradually eased over time. The Riegle-Neal Branch and Interstate Banking Efficiency Act of 1994 allowed banks to expand nationally and take over other banks in any state, as well as open branches in any state by acquiring another bank. […]