Category: Budgets and Budgeting

Germany Announces Special Budget to Avert Crisis

Germany could be forced to suspend a constitutional law that limits borrowing, after court ruling upended Chancellor Olaf Scholz’s spending plans and threw his government into chaos.
Mint, the Budgeting App, Is Going Away. Here Are Some Alternatives.

Finding a money app that works best for you requires personal testing. We asked popular competitors to Mint why you should try their offerings.
Yellen Says U.S. Wants ‘Healthy’ Economic Ties With China

The Treasury secretary said she had pressed her Chinese counterpart on China’s export controls and cautioned against supporting Russia.
Mortimer Downey, Force for Mass Transit in U.S. and N.Y., Dies at 87

He devised innovative financing to revive New York City’s subway. In Washington, as a U.S. Transportation Department leader, he bolstered Amtrak and secured federal funds for public transit.
How Your Child’s School Bus Might Prevent Blackouts

When not driving around, electric buses and other vehicles could help utilities by storing their solar and wind energy and releasing it to meet surges in demand.
Mint, One of the First Budgeting Apps, Is Shutting Down

Intuit, which acquired Mint in 2009, is encouraging users to switch to Credit Karma, its money management and credit score service.
War With Hamas Hits Israel’s Economy, Central Bank Says

The debt and deficit are expected to jump as the country raises military spending and increases support for businesses and civilians.
State and Local Governments Have Billions in Pandemic Aid Left to Spend

Two years after the federal government approved $350 billion in emergency funding for states and localities to respond to the public health crisis, much of the funds have not been used.
In China Businesses Cut Prices as Consumers Spend Less

Beijing hopes spending can spur growth, which has been dragged down by slowing real estate sales and exports. But shoppers are gravitating to discounts.
Will Restart of Student Loan Payments Be the Last Straw for Consumers?

Americans have continued spending despite dwindling savings and inflation. But retailers worry resuming loan payments could push some over the edge.
Ireland’s Latest Fiscal Headache: What to Do With 10 Billion Euros

The government in Dublin has a big budget surplus, thanks to its low tax rate for multinationals. Build more housing? Or a subway? Sock it away? Whatever the case, someone will be unhappy.
India’s Moon Landing Offers Blueprint For Other Countries Dreaming Big

Its celebrated lunar landing produced not only a wave of pride at home but also a road map for other countries dreaming big.