Pressure builds on New York subway system

After 80 years, New York’s Second Avenue subway project is finally under way. War, depression and near-municipal bankruptcy have plagued this project from the beginning, but updating a subway system in America’s most densely populated city is no small feat. The FT’s Christopher Booker reports on how the city’s transport challenges reflect many of the larger questions facing the United States

While Obama lost ground among white male voters, his 2012 victory was the product of perhaps the most diverse electoral coalition in American history, leaving the Republican party with some serious questions about its future. The FT’s Christopher Booker speaks with voters about how they interpret the president’s re-election and what it says about the future of American politics

For those on the receiving end of federal money, the fiscal discussions in Washington are nothing short of alarming. Already operating under tighter budgets following last year’s Budget Control Act, the discretionary programs funded by the federal government will certainly face some kind of cut — deal or no deal. The FT’s Christopher Booker reports from New York City where housing and community development programmes are bracing for the worst