Month: December 2025

Battery Park City inks PLA for $1.7B NYC resiliency project

Turner Construction and SPC Construction have begun work on the city’s first progressive design-build project,…

Inflation holds steady, bolstering case for Fed benchmark rate cut

Most Fed watchers and futures traders expect the Federal Reserve will trim the federal funds…

Why strategy trumps process in pursuing bids

Most contractors have trusted go/no go criteria. But looking at the bigger picture is also…

Tariffs drive surge in construction project stress

As companies deplete their pre-Liberation Day stockpiles, rising construction costs are pushing owners and developers…

H-1B visa applicants will now have their social media scrutinized

The move is the latest measure from President Donald Trump’s administration to make the immigration…

Applying AI on construction jobsites: Where it actually delivers value

AI that works for contractors: practical applications in data entry, drawings and progress tracking.

Balfour Beatty touts growth despite US weakness

The U.K. construction market continues to propel the contractor even as its U.S. segment experiences…

Construction planning falls again, but data center boom continues

Megaprojects are boosting the building pipeline as overall momentum dips for a second consecutive month,…

$10B One Beverly Hills project goes vertical

Turner is overseeing overall construcition in the ultralux mixed-use development, while Layton and Suffolk build…

Companies cut 32,000 from payrolls as Fed debates trimming main rate: ADP

Futures traders have increased the odds that the Federal Reserve on Dec. 10 will cut…