Today is the 150th anniversary of the pounding of the gold spike that represented completion of the first transcontinental railroad.

The U.S. Postal Service has been losing money for more than a decade. Its financial outlook is bleak, with $110 billion in unfunded retirement costs and more liabilities accruing every year.

The U.S. Postal Service is in a growing financial crisis as mail volume continues to plunge. The Government Accountability Office says that a “comprehensive package of actions is needed to improve USPS’s financial viability.”

The European postal “market is more competitive than ever, with the always-on consumer ushering in a tidal wave of change.” Congress should begin ushering in such changes in America.

Canada privatized its air traffic control (ATC) system in 1996. Today, Nav Canada is on the leading edge of ATC innovation worldwide.

The Wall Street Journal today profiles South Africa’s electric power company, Eskom. What a mess.

The federal government nationalized security screening at the nation’s more than 400 commercial airports in 2001 when it created the Transportation Security Administration (TSA).

The federal government nationalized security screening at the nation’s more than 400 commercial airports in 2001 when it created the Transportation Security Administration (TSA).

We are in the fourth week of the partial federal shutdown, which is starting to disrupt the broader economy because the government exerts control over many major industries.

Political battles would not impact important activities if they were separated from the federal government.