China’s broad fiscal spending slumped in October by the most since at least 2021, crippling a key driver of investment and economic growth.The combined expenditure in China’s two main budgets — the general public account and the government-managed fund book — tumbled 19% in October from a year earlier to 2.

Crest Nicholson said a weak housing market that had remained soft ahead of the Budget would hit annual profits, sending shares sharply lower on Tuesday. The housebuilder said adjusted pre-tax profit would now be at the low end or “marginally below” its guidance of £28mn to £38mn.

Pennsylvania lawmakers are advancing a $50 billion spending package to end a four-month budget stalemate that has held up billions for public schools and social services.

The plan, which must win the support of the PA House and Senate, would send more money to the poorest schools and end the state’s participation in a key climate program.

The U-turn also makes the chancellor’s task at the Budget all the more treacherous for the UK economy. Reeves still needs to find as much as £30bn to meet her main fiscal rule to balance the current budget by 2029-30 and substantially improve her existing,

Passed with a 156-47 vote in the House and a 40-9 vote in the Senate, the $50.1 billion package, Gov. Josh Shapiro signed the plan Wednesday, ending a more-than-four-month impasse.

Sánchez’s struggle to govern isn’t always so serendipitous. Among examples, a measure to raise taxes for energy companies was later reversed by lawmakers and a punitive levy on foreign home buyers that could have driven higher revenue still hasn’t materialized.

One day after the Pennsylvania House and Senate passed a $50 billion budget, Gov. Josh Shapiro echoed what many lawmakers said in Harrisburg: that this was a big compromise. According to Gov. Shapiro, money is already flowing to schools and communities that have been waiting more than four months for funding.

Finances might feel tight now, and that is unlikely to change in 2026 with signs of inflation remaining high and new tariffs potentially increasing costs.

A Japan ruling-party panel consisting of lawmakers close to Prime Minister Sanae Takaichi proposed on Tuesday compiling a supplementary budget exceeding 25 trillion yen ($161 billion) to fund the premier's planned stimulus package.

Mayor Brandon Johnson restored a $9 million in cut domestic violence funding in a compromise to get his 2026 budget passed by the City Council. Domestic violence critics praised his "renewed commitment" to confronting gender-based violence.

Chancellor of the Exchequer Rachel Reeves is poised to unveil a new levy on milk-based beverages in her upcoming budget. Reeves scrapped plans Friday to raise income tax rates after updated forecasts showed the public finances were £10 billion (approx.