Seeking to close a $12 billion budget shortfall last year, the governor hoped to cut over $750 million from the state’s payroll expenses in salaries and wages.
—
William Melhado,
Sacbee.com,
1 July 2026
Campaign funds may be used to pay for a candidate’s childcare expenses that are incurred as a direct result of campaign activities, according to the Federal Election Commission.
California is expected to spend about $50 billion from the general fund next year out of a total estimated at more than $220 billion in costs shared between the state and federal government, according to the LAO.
—
Taryn Luna,
Los Angeles Times,
30 June 2026
The utility attributed the higher costs to broader market dynamics, including more expensive wholesale electricity and growing demand from large users such as manufacturers and data centers across PJM’s 13-state grid.
The company plans to invest $11 billion globally in capital expenditures and research and development between 2025 and 2028, with a focus on technologies that support electrification and the energy transition.
—
Neetika Walter,
Interesting Engineering,
3 July 2026
American Mission’s ads are independent expenditures, so the political committee cannot legally coordinate with the campaign or get Donalds’ approval.
Net operating income is struck before the large, irregular outlays that keep a building standing, so the cap rate reflects none of them.
—
Tony Julianelle,
Forbes.com,
26 June 2026
With the four big AI spenders forecasting as much as $725 billion in capital expenditures this year, and even more expected in 2027, the outlays are sucking up a larger proportion of free cash flow and prompting them to take on more debt.
And disbursements from the accounts will be subject to taxes.
—
Moriah Balingit,
Los Angeles Times,
2 July 2026
While class members could, in theory, continue selling their claims after that point, industry participants generally expect the market to dry up once buyers can no longer receive direct disbursements from the QSF.
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