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.

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.

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.

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.

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.

With 2025 drawing to a close, the North Carolina Legislature still hasn’t approved a state budget, making it only the state in the nation without a

Companies have pledged to invest 9.2 billion euros ($10.7 billion) in France, the finance ministry said on Monday, as the government seeks to show that the euro zone’s second-biggest economy remains a top business destination despite political turmoil.

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.