Past ‘peak uncertainty’ for global financial markets or eye of storm?

Past ‘peak uncertainty’ for global financial markets or eye of storm?

The optimists see the past month as a sign that Trump will respond to market and business pressure

Long Beach Faces Projected $20 Million Shortfall in 2026 Amid Fiscal Uncertainty - Long Beach Local News

LONG BEACH, Calif. — Facing a looming budget deficit, Long Beach City Manager Tom Modica has directed municipal departments to The post Long Beach Faces Projected $20 Million Shortfall in 2026 Amid Fiscal Uncertainty appeared first on Long Beach Local News.

As financial uncertainty looms, Long Beach looks for ways to quickly cut $7 million in spending

Expecting sharp reductions in federal grants and oil revenues, the Long Beach city manager has instructed most municipal departments to cut 0.5% to 1% of their discretionary budgets to save money ahead of next year’s budget. In a May 6 memo, City Manager Tom Modica told 18 of Long Beach’s 23 departments — including fire, police, parks, health, public works and library services — to reduce non-essential spending in the remaining months of the 202…