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Amtrak Set to Upgrade Key Philadelphia Power Converter Station
Photo courtesy STV STV is developing preliminary design for one of the largest railway converter stations in the world, owned by Amtrak. Amtrak has selected STV to develop the preliminary design to replace the Richmond Static Frequency Converter (SFC) #4 in Philadelphia. The facility is Amtrak’s largest traction power converter station and one of the largest railway
How Will Bitcoin, Ethereum and XRP React if CLARITY Act Passes or Fails?
The CLARITY Act has become a major regulatory focus for the crypto industry. However, Alex Tapscott, CEO of CMCC Global Capital Markets, said prediction markets may be overstating its chances of passing. While markets currently assign the bill roughly 47% to 50% odds of becoming law, Tapscott said it may struggle to secure enough bipartisan
Bitcoin Price Today: Weak Spot Demand Keeps BTC Under Pressure
Bitcoin price today remains under pressure as spot demand continues to weaken despite periodic increases in futures trading activity. According to the analysis, combined spot and futures demand is estimated at -127,000 BTC, a level considered too weak to support a sustained uptrend. The report suggests the recent market stabilization is driven more by seller
Sector activity decline slows as business confidence improves
A year-long slump in construction activity has begun to slow as business confidence began to show small signs of recovery, latest figures show. The S&P Global purchasers’ managers index (PMI) registered 40.1 in for December, up from 39.4 in November, but still short of the 44.1 figure from October. A number below 50 shows industry
Test your sector knowledge with our 2025 Christmas quiz
With the holiday season upon us, the Construction News team is pleased to present a fun quiz to exercise the brain cells while you are relaxing at home with the family. We have 20 multiple choice questions on various events over the past 12 months – so get ready and dive in…. Merry Christmas and Happy
Boost for sector as structural material sales bounce back
Sales of structural building materials have rebounded after a shaky start to the year, indicating “signs of recovery” for the wider industry, according to researchers. Data published by the Construction Products Association (CPA) showed a balance of 53 per cent of so-called heavy-side manufacturers did more business in the second quarter of 2025 than the
Nigeria Secures $5.5bn Private Sector Investment for Health Sector
The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Pate, has announced that Nigeria has secured $5.5 billion in private sector investments to boost the country’s health sector. Prof. Pate, who made the disclosure via his X (formerly Twitter) handle on Sunday, attributed the achievement to the leadership of President Bola Ahmed Tinubu. He
Roofing sector reports enquiry slowdown
Workload and new enquiries have fallen in the UK roofing sector, despite some signs of regional and sector-specific resilience, according to the National Federation of Roofing Contractors' (NFRC) spring 2025 report. Just over a third (36 per cent) of NFRC members reported increased workloads compared with the same period last year, down from 48 per
Sector ‘uncertainty’ causes 31% profit fall for envelope firm
Envelope specialist CA Group has seen its profit slide by nearly a third amid market “uncertainty”, according to its annual accounts. The County Durham-based firm posted a pre-tax profit of £7.8m for the year to 30 September 2024, down from £11.4m in 2023. The latest profit was derived from a turnover of £88.8m – down
Construction sector suffers worst month for insolvencies since last July
More construction firms went under in March than in any other month since last July, newly released official figures show. Data published this morning (20 May) by the Insolvency Service shows 377 construction firms went under in March, up on the 368 total for February (revised from the previously reported figure of 367). Exactly 400
Sector breathes sigh of relief over metals US tariff deal
The construction sector has welcomed a “historic” deal with the US over tariffs that will remove import taxes on steel and aluminium. It comes amid fears UK construction growth would be delayed because of the fallout from President Donald Trump’s tariff hikes. On Thursday (8 May), Trump said: “The US and the UK have been
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Amtrak
Amtrak Set to Upgrade Key Philadelphia Power Converter Station
Photo courtesy STV STV is developing preliminary design for one of the largest railway converter stations in the world, owned by Amtrak. Amtrak has selected STV to develop the preliminary design to replace the Richmond Static Frequency Converter (SFC) #4 in Philadelphia. The facility is Amtrak’s largest traction power converter station and one of the largest railway
Bitcoin
How Will Bitcoin, Ethereum and XRP React if CLARITY Act Passes or Fails?
The CLARITY Act has become a major regulatory focus for the crypto industry. However, Alex Tapscott, CEO of CMCC Global Capital Markets, said prediction markets may be overstating its chances of passing. While markets currently assign the bill roughly 47% to 50% odds of becoming law, Tapscott said it may struggle to secure enough bipartisan
Bitcoin
Bitcoin Price Today: Weak Spot Demand Keeps BTC Under Pressure
Bitcoin price today remains under pressure as spot demand continues to weaken despite periodic increases in futures trading activity. According to the analysis, combined spot and futures demand is estimated at -127,000 BTC, a level considered too weak to support a sustained uptrend. The report suggests the recent market stabilization is driven more by seller
Could
AAVE Price Could Be One Breakout Away From a Massive Rally
AAVE price is approaching a pivotal technical milestone after climbing 8%, with derivatives markets signaling growing confidence among bullish traders. The latest rally has pushed the DeFi token within striking distance of a resistance zone that has defined its broader downtrend for months. A decisive breakout from here could reshape market sentiment and establish the
Prediction
Pump.fun (PUMP) Price Prediction 2026,2027-2030: Will PUMP Lead Solana’s DeFi Boom?
Story Highlights The Live Price Of Pump.fun is Loading live price Predictions suggest PUMP could reach $0.01 in Q1 2026. Long-term forecast sees PUMP reaching $0.22 by 2030 in a moderate scenario. PUMP.fun (PUMP), a utility coin launch platform for launching Solana-based memecoins with its viral “no-code” model that makes token creation easy for everyday