Democrats Tee Up New Jersey Budget With Tax Relief, Surplus

New Jersey’s Democratic-led Legislature has teed up a vote Wednesday on a record $50.6 billion budget that boosts spending 9% over last year, sets aside $2 billion for property-tax payers and renters, and carries a $6 billion surplus into the new fiscal year. The spending blueprint emerged from closed-door negotiations late Monday and sped through … Read more

Talks Yield No Pennsylvania Budget Deal, With 3 Days Left

Pennsylvania’s state House of Representatives and Senate returned to the Capitol on Tuesday, as leaders of the Republican-controlled chambers work to get an agreement on a roughly $42 billion budget plan with Democratic Gov. Tom Wolf before the state loses some of its spending authority in three days. No budget plan has been unveiled, and … Read more

Zelenskyy urges G7 to provide anti-missile systems for Ukraine

ELMAU, Germany — Ukrainian President Volodymyr Zelenskyy on Monday urged G7 leaders to supply his country with sophisticated missile defense systems and additional aid that would tilt the war against Russia in Ukraine’s favor as quickly as possible. Zelenskyy also requested greater financial assistance for his war-ravaged country, as well as additional sanctions against Russia to … Read more

Italy’s economy enters choppy waters

Press play to listen to this article Italy’s smooth sailing is about to come to an end. A combination of factors — the “Super Mario” brand of its prime minister, negative interest rates and the chance to spend nearly €200 billion in EU recovery funds — meant that the EU’s third largest economy was heading … Read more