Construction Costs Says

Tariff fears are raising construction costs by up to 20%, says Related Group CEO

Building contractors are already hiking prices as much as 20% to offset potential tariffs, a move that could also raise prices of new condos and homes, according to the CEO of developer Related Group.

NBC News - 3d

Tariff fears are raising construction costs by up to 20%, says Related Group CEO

Related said the high end of the real estate market remains strong, especially in Florida.

CNBC - 3d

Trump tariffs could add more than $9,000 to new home costs, builders say

Homebuilders say President Trump's tariff agenda is making construction and renovation projects more expensive.

CBS News - 6d

Altadena Residents Face High Costs as They Begin to Rebuild Their Homes

The realities of construction costs and insurance payments after the Eaton fire have set in for residents.

The New York Times - Mar. 8

BlackRock's Fink says Trump deportations will have severe impact on agriculture, construction

"I think that over the next six to nine months, we're going to see a little more elevated inflation," Fink said the CERAWeek by S&P Global energy conference.

CNBC - Mar. 10

Nvidia's Huang says faster chips are the best way to reduce AI costs

"Speed is the best cost-reduction system," Huang said Tuesday, after his keynote speech at Nvidia's GTC conference.

CNBC - 4d

Ukraine war briefing: Airstrikes on Kyiv; Zelenskyy promises ‘fully constructive’ talks in Saudi Arabia

Air defences engaged in repelling Russian attack on Ukrainian capital; Zelenskyy says ‘significant’ part of talks in Saudi Arabia will concern security guarantees Continue reading...

The Guardian - Mar. 11

Starmer says cost of sickness benefits 'devastating'

The prime minister's remarks come after the government announced a major benefits overhaul on Tuesday.

BBC News - 5d

Pension funds don’t take ‘anywhere near enough risk’, says UK national wealth fund executive

Ian Brown tells FT that managers need to back infrastructure projects before construction under wider net zero push

Financial Times - Mar. 16

Undocumented Workers, Fearing Deportation, Are Staying Home

Fearing roundups, many immigrants are staying home. Construction, agriculture, senior care and hospitality employers say labor shortages will worsen.

The New York Times - Mar. 11

Repeated failures in reading scans costing lives, ombudsman says

The most common issues include clinicians not spotting abnormalities, and scans being delayed.

BBC News - 3d

What alcohol would cost more under 200% Trump tariff?

Experts say President Donald Trump's proposed tariff on European Union alcohol would be disruptive to the U.S. market and consumers.

The Hill - Mar. 14

Government debt interest costs hit highest level since 2007

Payments surpass defence spending and have risen to 3.3% of GDP for richest countries, says OECD

Financial Times - 4d

Labor union says FIFA blocked Azteca inspection

An international federation of labor unions said on Tuesday that FIFA denied it access to the Azteca Stadium to inspect conditions of construction workers doing renovations ahead of the 2026 World ...

ESPN - Mar. 12

Columbia University signals it will comply with Trump administration's demands

Columbia University signaled Wednesday that it would comply with the Trump administration's demands in return for restoring $400 million in federal funding, saying it would "engage in constructive ...

NBC News - 4d

Record spring break travel expected despite higher costs

AAA says on average domestic air fares are up 7% from last year, while gas is cheaper. CBS News senior transportation correspondent Kris Van Cleave found some last-minute deals.

CBS News - Mar. 13

US will be ‘central’ to climate fight even without Trump, says Cop30 president

André Corrêa do Lago suggests US organisations can play a constructive role even if government limits participation. The US will be “central” to solving the climate crisis despite Donald Trump’s ...

The Guardian - Mar. 10

Interest rates will go down gradually, says Bank

Borrowing costs had been widely expected to be left unchanged with inflation, predicted to go up in the coming months.

BBC News - 4d

Alphabet aims to slash cost of new nuclear with small reactor deployments, CIO says

Alphabet's Google unit struck a deal last October to buy power from small modular reactors under development by Kairos Power.

CNBC - Mar. 10

Tariffs to add as much as $10,000 to the cost of the average new home, trade association says

"The tariffs act as a tax on American builders, home buyers and consumers," the National Association of Home Builders said.

CNBC - Mar. 13

Rich people live by these 5 rules, self-made millionaire says: 'It's not just about cost'

Ramit Sethi has been teaching people how to get rich for nearly two decades. Follow these rules to build your wealth.

CNBC - 2d

Nearly Half of Employees Stay Silent at Work—Here’s Why It’s Costing You (and How to Fix It)

Your employees have more to say. Here’s how to make sure you hear it.

Inc. - 2d

Ontario says it will slap a 25% surcharge on US-bound electricity

The move is in retaliation to Trump's tariff threats on Canada, and is expected to raise energy costs for 1.5 million US homes.

BBC News - Mar. 10

UK universities face rising risk of bankruptcy, says regulator

Fewer international students and higher staff costs are taking an increasing toll, according to the Office for Students

Financial Times - 4d

AG Pam Bondi forms DOJ team to work with DOGE on cost-cutting efforts: Sources

AG Pam Bondi has established an internal DOJ team to work with Elon Musk's DOGE group to facilitate the review of the Justice Department's various divisions, sources say.

ABC News - Mar. 13

Poll shows strong disapproval of Musk cost-cutting as US agencies end leases

‘Department of government efficiency’ to terminate 793 leases as poll says 60% of voters disapprove of Musk agency. US politics live – latest updates Donald Trump and Elon Musk face ...

The Guardian - Mar. 14

Taxpayers will suffer if Thames Water collapses, warns regulator

Ofwat says placing Thames under government control could end up costing taxpayers billions of pounds.

BBC News - Mar. 13

Vanguard plugs ‘transformational’ idea for Europe ETF trading venue

Euronext’s plan to consolidate ETF trading on to one of its seven bourses would cut costs, senior executive says

Financial Times - 5d

The Fed holds rates firm—here's what it means for your money

Borrowing costs will drop slightly by the end of 2025, says a newly revised forecast by the Federal Reserve.

CNBC - 4d

Elevated road under construction in Bangkok collapses, killing at least 5 people

An elevated road being built in Thailand’s capital Bangkok collapsed, killing at least five people

ABC News - Mar. 15

Brief History of a Family review – mysterious interloper at centre of exquisitely constructed drama

Lin Jianjie’s remarkable debut feature keeps you guessing to the final scene – a thrilling film directed and performed immaculately. This knockout debut feature from Chinese writer-director Lin ...

The Guardian - 5d

A new car costs nearly $50,000 on average: Here’s how much you'd pay per month

The cost of a new car could set you back $1,000 per month—here’s how to lower costs.

CNBC - Mar. 8

Rune Aero uses Nvidia GPUs to cut virtual wind tunnel costs by 80%

Rune Aero is using Nvidia GPUs to cut virtual wind tunnel costs by 80%, bringing down costs of developing airplanes.

VentureBeat - 5d

Postal Service signs cost-cutting deal with DOGE

The United States Postal Service said it has signed a deal with the Department of Government Efficiency (DOGE) to cut costs at the agency. Postmaster General Louis DeJoy told congressional leaders ...

The Hill - Mar. 13

Who Likes Tariffs? Some U.S. Industries Are Eager for Them.

Concern about the cost of materials has tempered business enthusiasm about taxing imports. But steel and aluminum makers say they welcome the help.

The New York Times - Mar. 10

Hospitals keep dodging price transparency rules, leading Trump to take action — again

Trump signed an executive order on hospital price transparency. Experts say it could help lower health care costs, if hospitals comply.

NBC News - Mar. 12

Ways to spend — and save — as interest rates stay high and tariffs mount

Consumers should brace for borrowing costs to stay elevated, prices to rise and stock markets to remain on edge for at least a little longer, analysts say.

NBC News - 3d