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BUDGET SHORTFALL
In 1989, Jacksonville opened an automated train above downtown; in 2026, its free 2.5-mile Skyway with 8 stations is set to stop runningJacksonville’s Skyway, an innovative automated transit system, will cease operations due to a major budget deficit. The Jacksonville Transp...- Social Security could face a 22% benefit cut in 2032 - here are the changes being discussedSocial Security is approaching a funding gap projected to occur by 2032, necessitating Congressional intervention. Options under considerat...
- India’s smartphone business may have lost an old festive-season weaponIndia's smartphone market faces challenges this festive season as rising memory costs lead to higher device prices. Major brands are alread...
- Social Security payment Sept. 23: Who gets paid this week as the $5,181 maximum check closes out September’s payments?Social Security Payment Schedule: The final regular Social Security payment for September is scheduled to arrive this week. For millions of...
- The Year of Freak: How an Elon Musk’s SpaceX employee’s big bet on company stock became a $25,000-a-month adventure across Europe and beyond for a yearBrian Aggrey and Phoebe Novack are enjoying a year of travel and creative pursuits. They are spending $25,000 monthly on experiences and pe...
- Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO saysThe six-month U.S. war against Iran has cost $38 billion through August 1, with expenses projected to rise by $3 billion monthly, the Congr...
- A dozen ingredients show India's mounting food inflation riskIndia’s everyday thali is getting costlier as weak monsoon rains, the Iran and Ukraine wars and rising demand for crops used in biofuels pu...
- From Uzbekistan to Canada: A look at India’s global uranium huntIndia is accelerating its nuclear power expansion to reach 100 GW by 2047. This ambitious goal necessitates securing substantial uranium su...
- Put on a PIP? How to protect your job, finances and career while preparing for an exitWork to save your job while preparing for an exit, says Devashish Chakravarty.
- Trump’s $5,000 dividend check: What we know about the promised payment, its $1.2 trillion cost and who would qualifyDonald Trump has proposed a $5,000 payment to each adult citizen if Republicans secure victory in Congress. This ambitious plan, estimated ...
- Nuclear power expansion: India needs a clear financing strategyIndia's ambition for a 100 GW nuclear energy expansion by 2047 hinges on substantial private investments coupled with a well-defined risk-s...
- Lifecycle funds: Should you invest in target-date funds for your financial goals? Know the benefits, risks and limitationsGoal-based investing is not a new concept. Mapping investments to specific goals gives your outlay a defined purpose, helps you stay commit...
- Zelenskyy details rift with dismissed defense minister, saying some of his actions were misguidedPresident Zelenskyy detailed his dispute with the dismissed Defense Minister Mykhailo Fedorov. He cited misguided actions and problematic d...
- Parl panel red flags rise in student mobile addiction; Also seeks bridging of digital divideA parliamentary panel has urged the Education Ministry to introduce cyber safety and mobile addiction courses for students and teachers, br...
- US deficit reaches $1.8 trillion in first 10 months of fiscal 2026US federal budget deficit hit a record $432 billion in July, taking the fiscal 2026 shortfall to $1.799 trillion in the first 10 months. Hi...
- How Rs. 40,000 Regular Income from Bonds Can Ease the Liquidity Pressure on the Sandwich GenerationMiddle-aged families face financial stress from competing responsibilities and unexpected expenses. A dedicated bond portfolio can provide ...
- "Fake news!": White House rubbishes report of Doanld Trump-Pete Hegseth clash over US munitions shortagesThe rebuttals follow a report by The Washington Post citing two sources familiar with the matter, which alleged that Trump interrogated Heg...
- Big age gap between children? Here’s what it means for your retirement, education planning, and family financesIndia’s falling total fertility rate, which currently stands at 1.9, below the replacement rate of 2.1, has ignited debates around smaller ...
- Banking on gear shift for pickup: After cleaning up bad loans, banks now need a new reform pushIndia's banking sector requires reforms for sustained growth and improved credit access. Banks must grow significantly to meet microenterpr...
- View: Selling gold won’t solve your budget problemsHaving a large share of reserves in metal can leave central banks overexposed to the movements of a single volatile asset.
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