Congress Approves $70 Billion Immigration Funding Package The U.S. Congress on Tuesday approved a $70 billion funding package to support President Donald Trump's immigration enforcement and border control policies through the remainder of his term. The measure passed the House of Representatives in a narrow 214‑212 vote, largely along party lines, and now heads to the White House for Trump’s signature.

The San Francisco budget plan proposed by Mayor Daniel Lurie seeks to protect core city services while addressing a $642 million deficit over the next two fiscal years. Lurie announced the proposal in San Francisco on Monday, June 1, 2026, presenting it as a spending plan built around fiscal discipline, service protection and preparation for possible federal funding cuts. San Francisco Budget Plan Focuses on Services and Deficit Control The pro

Columbus City Schools layoffs in 2026 will affect 299 positions after the Board of Education approved a major staffing reduction plan on Tuesday, May 19, 2026. District leaders said the cuts are part of an effort to reach more than $50 million in savings amid rising costs and state funding pressure. Why Columbus City Schools Is Cutting Jobs The Columbus City Schools Board of Education voted unanimously to eliminate 299 positions across the district. Offi

Amazon fashion deals under $10 are drawing attention from shoppers looking for affordable summer wardrobe updates, with dresses, tops, sandals, bags and accessories among the highlighted sale picks. The latest under-$10 selection includes casual outfits, warm-weather basics and small accessories, with several items listed between $7 and $10. Prices and availability may change, so shoppers should check the final product page before purchasing. The deal list was published Friday, May

WASHINGTON — Do senators get paid during government shutdowns? A new Senate rule would delay their salaries during future federal funding lapses, but the money would still be released after the shutdown ends. The U.S. Senate voted unanimously on Thursday, May 14, 2026, to withhold senators’ pay whenever a government shutdown affects one or more federal agencies. Senate Shutdown Pay Rule Explained The measure, sponsored by Sen. John Kennedy,

President Donald Trump said on Friday, May 1, 2026, that his administration had delivered a “final” bailout proposal to Spirit Airlines as the budget airline faces the possibility of liquidation without immediate financial su

WASHINGTON — President Donald Trump said on Thursday, April 2, 2026, that he plans to sign an executive order to compensate Department of Homeland Security employees who have gone without pay during a partial federal government shutdown that has now stretched to 48 days. The announcement was made in a social media post, where the president criticized Democratic lawmakers for the ongoing impasse while thanking Republican leaders for efforts to resolve the standoff. The proposed actio

A new chapter in Karnataka's ongoing power struggle unfolded when Pranavananda Swamiji, a prominent seer, made claims regarding the state budget. The Swamiji alleged that mutts, or Hindu monasteries, that had supported Deputy Chief Minister DK Shivakumar’s bid to take over as the state’s chief minister were deliberately sidelined in the budget presented by Chief Minister Siddaramaiah. According to the seer, not a single rupee was allocated to these mutts, despite their vocal backing of Sh

San Jose officials are calling on state regulators to withdraw newly approved gambling regulations that they say could significantly disrupt the city’s finances and threaten more than 1,000 local jobs. In a letter dated Feb. 19 and addressed to Attorney General Rob Bonta, city leaders warned that the new rules governing California’s card rooms would dramatically reduce tax revenue generated by the city’s two licensed casinos, Casino M8trix and Bay 101. According to city offici

Andhra Pradesh's Assembly saw an action-packed session today, marked by a brief yet intense protest from YS Jagan and his YCP MLAs. After a year of absence, the opposition leader YS Jagan Mohan Reddy made a quick entry into the Assembly, along with his party members. They began their appearance by singing the national anthem, Jana Gana Mana, before immediately raising slogans during the Governor's speech. The slogans, such as "Law and order must be saved," were aimed at dra

Union Budget 2026 was presented by Finance Minister Nirmala Sitharaman, marking her ninth consecutive budget and outlining the government’s commitment to inclusive growth. The budget is guided by three key kartavyas aimed at accelerating economic development while supporting the poor, underprivileged, and disadvantaged sections of society. While income tax payers were hoping for rebates or changes in standard deduction, the government chose to focus on indirect tax relief, healthcare afford

Union Budget 2026 is being presented live from Parliament, marking a significant moment in India’s economic calendar. Finance Minister Nirmala Sitharaman is delivering her ninth consecutive Union Budget, continuing a historic streak that reflects policy continuity and long-term fiscal planning. The budget session is being closely watched by policymakers, economists, businesses, and citizens across

The United States government entered a partial shutdown early Saturday after Congress failed to approve a full federal budget for fiscal year 2026 before the midnight deadline. While the lapse in funding has triggered formal shutdown procedures across several federal departments, congressional leaders from both parties indicated the disruption is likely to be brief, with a Senate-backed agreement expected to move through the House early next week. As a result of the missed deadline, an estim

As the Union Budget 2026 draws closer, India’s gems and jewellery industry has stepped up its demands for policy reforms aimed at reviving demand, supporting employment and improving transparency. Industry leaders believe the upcoming Budget can play a decisive role in restoring consumer confidence at a time when global trade uncertainty and high prices have made buyers cautious. With jewellery being both a cultural and economic mainstay, the sector is urging the government to adopt growth-

The Budget Session 2026 of the Indian Parliament commenced on Wednesday with President Droupadi Murmu addressing the joint sitting of the Lok Sabha and the Rajya Sabha in New Delhi. The opening of the session marks the beginning of one of the most significant legislative periods of the year, during which the government outlines its economic vision and policy priorities. Lawmakers from across political parties assembled as the President delivered her customary address, setting the tone for deb

New Jersey mayors are expressing deep concern following President Donald Trump’s announcement that his administration plans to terminate federal funding for sanctuary cities and states that resist his immigration policies. The move, which is expected to take effect on February 1, could have wide-ranging consequences for several municipalities across the state and has renewed debate over the balance of power between federal authority and local governance. New Jersey is home to multip

Brookfield Zoo is offering Chicago-area residents and visitors an excellent opportunity to explore one of the region’s most popular attractions without paying an admission fee, as the zoo has announced free entry on most days throughout January and February. The expanded winter free admission schedule gives families, students, and animal enthusiasts a chance to enjoy a meaningful outdoor experience during the colder months while keeping expenses low. With a wide variety of exhibits and thousan

The Department of Government Efficiency has rejected claims that it was quietly dissolved months before the end of its contract, calling recent reports inaccurate and misleading. The agency, known for its focus on reducing federal spending and reviewing large segments of the government’s budget, responded after speculation arose regarding its operational status. A recent report had cited an unnamed United States official asserting that the department “doesn’t exist,” prompting widespr

During his recent visit to the United States, Saudi Arabia’s crown prince, Mohammed bin Salman, made a high-profile commitment to invest $1 trillion in Washington while seated beside the US president at the Oval Office. The announcement underscored the scale of Saudi Arabia’s financial ambitions, but it also renewed debate over whether the kingdom’s sovereign wealth fund has sufficient liquidity to support such a massive pledge at a time when its domestic projects are encountering financial strain. Much of the responsibility for executing the investment promise would likely fall on the Public Investment Fund, the kingdom’s flagship sovereign wealth fund, which has been under increasing pressure due to slowing returns from several large-scale ventures. The Public Investment Fund has for years been at the centre of Saudi Arabia’s economic transformation strategy, financing ambitious projects intended to diversify the nation’s oil-dependent economy. While the fund officially controls assets valued at approximately $1 trillion, a significant portion is tied up in holdings that are difficult to liquidate and lack transparent public valuations. The situation has prompted fund officials, according to people familiar with internal discussions, to caution international partners that future allocations may be scaled back until liquidity conditions improve. This comes at a time when Saudi Arabia is seeking additional capital for ongoing megaprojects that have already absorbed substantial resources. Among the most prominent initiatives facing headwinds is Neom, the futuristic development planned for the kingdom’s northwest. Conceived as a hub for advanced technology, sustainable living, and major tourism attractions, Neom was expected to showcase the scale and innovation of Saudi Arabia’s modernisation efforts. However, the project has encountered delays, rising costs, and questions about its commercial viability. Similar challenges have surfaced across other ventures funded by the PIF, including luxury Red Sea resorts that remain largely unoccupied despite significant investment. These difficulties have intensified scrutiny over the fund’s ability to sustain its commitments while supporting a broad portfolio of domestic developments. Saudi Arabia continues to benefit from substantial oil reserves, but its energy revenues have been constrained by production cuts linked to global market agreements alongside relatively subdued crude prices. As a result, the kingdom is managing a budget deficit and has increased borrowing to support national spending priorities. Analysts note that these fiscal pressures add complexity to the crown prince’s pledge, which arrives at a moment when the government is balancing long-term economic goals with short-term financial realities. The PIF, established in 1971 to support nationally significant industries, grew slowly for decades before being placed under Prince Mohammed’s direct authority in 2015. Since then, the fund has taken on a far more expansive role, backed by injections of government capital, redirected oil revenues, and assets seized under anti-corruption campaigns. Its portfolio now spans global equities, domestic infrastructure, and emerging sectors such as artificial intelligence, reflecting the prince’s drive to position the kingdom as a major player in future technologies. Despite achieving notable gains during periods of rising markets, the fund’s more recent initiatives have faced tougher conditions. In response to financial pressures, the fund’s leadership has reportedly adjusted internal forecasts, restructured teams, and replaced executives overseeing underperforming ventures. Officials have also signalled a shift in focus toward private investments in technology firms, an area viewed as strategically important to the kingdom’s long-term plans. These moves come as global investors track the fund’s evolving strategy, especially given the symbolic weight of the crown prince’s $1 trillion pledge. While signs of strain are evident within the fund’s operations, analysts caution that it is premature to conclude that Saudi Arabia is facing broader economic distress. The kingdom retains substantial financial capacity, and its long-term diversification agenda continues to receive strong state backing. However, the contrast between ambitious international commitments and the financial demands of domestic megaprojects has raised questions about sustainability. Observers will be watching closely to determine whether the kingdom can balance its aspirations abroad with the fiscal realities at home, particularly as the PIF navigates a period of tighter liquidity and heightened scrutiny.

India is preparing for one of its busiest wedding seasons, with nearly 46 lakh weddings expected in 2025 and spending projected at around Rs 6.5 lakh crore. As celebrations grow grander, Indian weddings often resemble Bollywood productions with choreographed sangeets, elaborate décor and multi-day festivities. But with budgets crossing Rs 30–35 lakh for most weddings, and luxury ceremonies easily exceeding Rs 1 crore, families are pouring unprecedented amounts into these events. With such