Santa Clara County supervisors have taken a major step toward adopting a $14 billion budget that attempts to preserve essential public services amid mounting state and federal funding threats. The unanimous preliminary approval followed weeks of hearings and workshops, with final adoption expected on June 17. However, the mood among county leaders was far from celebratory, as they confronted the reality of declining external support and growing local demand. Supervisors acknowledg

Anger and concern swept across San Francisco on Wednesday as more than 1,500 residents gathered outside City Hall to protest the proposed budget cuts in Mayor Daniel Lurie’s new financial plan. As the city grapples with a deficit running into the hundreds of millions, the mayor’s proposal has sparked widespread frustration among workers and community advocates who fear losing essential services and their jobs. The protest was held just before the city’s budget committee conv

Senator Joni Ernst, a Republican from Iowa, found herself at the center of controversy during a town hall event in her home state, as constituents repeatedly challenged her over proposed Medicaid cuts included in the House's budget bill. Tensions escalated when an attendee accused the cuts of potentially leading to deaths, prompting Ernst to respond with a remark that drew immediate jeers from the crowd. "People are not—well, we all are going to die, so, for heav

Santa Clara County is facing a significant structural budget deficit heading into the 2025-26 fiscal year, compelling leaders to make hard choices that could affect critical social services. With a projected $70 million drop in federal funding, plus anticipated state reductions, county officials are navigating how to minimize the damage to essential programs that serve the most vulnerable residents. One of the major outcomes of the budget proposal is the elimination of 279 full-ti

A recent report from LendingTree has revealed a concerning trend among newlyweds in 2025: the financial burden of weddings is pushing a growing number of couples into debt, with long-lasting effects on their relationships and financial stability. According to the survey, two-thirds of couples took on debt to fund their big day, and many are left with serious regrets after the festivities have ended. The report paints a stark picture of modern weddings extravagant affairs often driven by s

A relaxing night out at a local movie theater turned unexpectedly alarming after part of the ceiling fell inside one of the auditoriums in Cranford, New Jersey. The incident occurred just before 7:30 p.m. when a portion of the suspended ceiling collapsed inside one of the six screening rooms at the popular neighborhood theater. The building was open to the public at the time, with moviegoers inside, prompting a swift evacuation to ensure everyone’s safety. Fortunately, no in

The City of Houston spent $180 million from its general fund on purchasing goods and services during the fiscal year ending June 30, 2024, according to newly released public financial records. Overseeing that massive flow of public funds was the Strategic Procurement Division of the Finance Department, which itself cost about $9.5 million to operate last year. City officials emphasize that purchasing within a government body like Houston is far different from everyday consumer spending. Unlik

At first glance, it looks like any other weekend hockey practice. The players glide with confidence across the ice at the MedStar Capitals Iceplex in Arlington. But this team is different, not because of a smaller net or the louder puck, but because all the players are blind or visually impaired. These athletes represent the Washington Blind Hockey Club, a team founded nine years ago to offer competitive hockey opportunities to those with little or no sight. Their presence on the ice is a sta

 Maryland’s latest budget cycle has ended, but its financial aftershocks are just beginning to ripple through the state's residents and businesses. One of the most significant changes coming into effect is a new 3% tax on information technology and data services, a move intended to help fill a substantial budget deficit left behind by mounting fiscal obligations. Set to begin in July, this new levy is expected to have wide-ranging impacts on both service providers a

In a series of intense deliberations, the Texas House of Representatives has embarked on finalizing the state's budget, with debates centering around Attorney General Ken Paxton's backpay, healthcare costs associated with undocumented immigrants, and the future of the Texas Lottery. The budget process, typically procedural, took an unexpected turn when discussions arose about compensating AG Ken Paxton for the period he was suspended during his impeachment proceedings in 2023. Represe

After months out of the spotlight, former President Joe Biden returned to the national stage with a blistering critique of the current administration’s handling of Social Security and the deepening divide in American politics. Addressing a crowd of policy advocates and community leaders, Biden warned of sweeping staff reductions at the Social Security Administration (SSA) and accused the White House of undermining a foundational institution that millions of Americans rely on. Biden&rs

The City of Dallas has revealed that a miscalculation in commercial remodel permit fees has resulted in a significant financial shortfall, costing the city approximately $8.6 million. The error was disclosed during a recent Economic Development Committee meeting and has prompted urgent calls for reform to prevent further losses. The issue stems from an internal mistake following the adoption of a new permit fee structure introduced in spring 2024. According to the Planning and Development Dep

Amaravati, Andhra Pradesh — The Central Government has disbursed over ₹4,200 crore to Andhra Pradesh for the development of its capital, Amaravati. This follows the release of USD 205 million (approx. ₹1,705 crore) by the World Bank under a major international funding initiative aimed at completing the first phase of the state’s capital development project. A senior government official confirmed that the ₹4,285 crore, transferred on April 1, is part of a comprehensive ₹15,

In a move that offers much-needed relief to Public Provident Fund (PPF) account holders across India, Finance Minister Nirmala Sitharaman has officially announced that individuals will no longer have to pay any fees to add, update, or remove nominee details in their PPF accounts. The announcement was made via a post on social media platform X and follows a recent government notification that amends the applicable savings rules. Through Gazette Notification 02/4/25, changes have been introduce

Studying abroad is an incredible opportunity—but without smart financial planning, it can become overwhelming. Here’s a detailed guide with practical tips to help you manage your money wisely, so you can focus on your education and enjoy your global experience stress-free.   1. Build a Realistic Budget and Track It Religiously Start by listing your monthly income (scholarships, family support, part-time work) and break down your expense

As the new financial year commences on April 1, 2025, several significant income tax changes have officially come into effect, directly impacting salaried individuals, senior citizens, investors, and taxpayers across the country. Announced during Budget 2025, these updates aim to simplify compliance, improve transparency, and provide substantial relief to the middle class. From revised tax slabs to increased deduction limits and changes in TDS thresholds, here’s a complete breakdown of

In a significant move aimed at reshaping the American education system, US President Donald Trump signed an executive order on Thursday directing the closure of the Department of Education. This bold move aligns with long-standing Republican ambitions to transfer educational authority to individual states and reduce federal involvement in schools. The signing ceremony took place in the East Room of the White House, where Trump, surrounded by schoolchildren, proudly displayed the signed order.

Life Insurance Corporation of India (LIC) has requested the Reserve Bank of India (RBI) to introduce long-term government bonds, including 100-year bonds, to support their investment strategies for whole life insurance policies. This request was confirmed by Siddhartha Mohanty, Managing Director and Chief Executive of LIC, during an event in Mumbai. Speaking on the sidelines of the GCA25 conference, Mohanty explained that LIC’s investment portfolio heavily depends on long-term bonds to

The Pakistan Cricket Board (PCB) has reportedly suffered an estimated Rs 869 crore (USD 85 million) loss after hosting the ICC Champions Trophy 2025, resulting in severe budget cuts across various sectors of Pakistani cricket. This substantial financial setback has prompted drastic cost-cutting measures, including reductions in match fees and player accommodations. The financial blow stems from heavy investments in stadium upgrades and event preparations. According to a report by The Telegrap

In a politically charged development, key Tamil Nadu BJP leaders, including state BJP chief Annamalai, former Telangana Governor Tamilisai Soundararajan, and BJP state secretary Vinoj P Selvam were detained by Tamil Nadu police on Monday. The leaders were held ahead of their planned protest against the alleged Tamil Nadu State Marketing Corporation Limited (TASMAC) liquor scam. The protest, scheduled to begin at 11 am, faced disruption as BJP leaders were either placed under house arrest or t