A groundbreaking state initiative designed to combat Michigan's severe housing deficit by partnering with private employers has officially exhausted its initial capital, leaving a successful and highly demanded program in a state of limbo. The $10 million Employer-Assisted Housing Fund, a
With the award of two major contracts valued at a combined $408 million, Tutor Perini subsidiary Rudolph and Sletten has solidified its role in shaping California's public landscape for years to come. These projects represent a significant investment in the state's educational and healthcare
After nearly two decades of political turbulence and financial shortfalls, California's ambitious high-speed rail project is betting its entire future on the one resource it has long avoided: private capital. The landmark initiative, envisioned as a futuristic spine connecting the state's economic
A sweeping government proposal intended to shield small businesses from economic shocks is now facing stark warnings that it could inadvertently trigger an £11 billion collapse in commercial property values across the United Kingdom. This potential financial fallout stems from a new legislative
The United States construction industry navigates a complex and bifurcated landscape this year, where monumental growth in select sectors stands in stark contrast to the headwinds facing the broader market. While overarching economic challenges, including relentless pressure from labor costs and
The lifeblood of any thriving local economy often flows through its small and medium-sized enterprises, yet these businesses frequently face significant operational hurdles that stifle their potential for expansion. Against this backdrop, the recent signing of Akwa Ibom State's ₦1.584 trillion