Public Investment Fund

Washington State's tax on high earners, enacted to fund public services, is now the target of an organized effort by wealthy residents seeking its repeal. Critics of the tax argue it drives millionaires to relocate and depresses investment, while defenders say it is a fair way to fund schools and services. The fight is drawing national attention as other states weigh similar taxes on the rich.

India's Finance Minister has identified quantum technology as one of the country's next major infrastructure investment priorities. The move signals that New Delhi intends to treat quantum computing alongside traditional infrastructure sectors as a strategic area for public funding, aligning India with other governments stepping up national quantum programmes.

Attention is turning to how India will fund its efforts to adapt to climate change, with climate bond advocates highlighting financing mechanisms for resilience projects. The discussion centres on mobilising investment for infrastructure and adaptation measures in one of the world's most climate-vulnerable countries, as extreme weather events continue to pressure public budgets.

The LPGA has signed a new deal with Golf Saudi, according to reports, while the Public Investment Fund is also scaling back its involvement in women's golf. The development follows LIV Golf's reported bankruptcy, raising questions about Saudi Arabia's wider strategy in professional golf and what the new partnership means for the women's tour's finances and schedule.

California's Office of Health Care Affordability closed the public comment period on proposed emergency regulations that would expand reporting requirements for health care transactions involving private equity firms, hedge funds, and management services organizations. The rules would require more deal participants to notify the state before transactions close. Stakeholders in health care and investment are weighing how the stricter oversight could reshape acquisitions of physician practices and other provider groups.

Advocates gathered at the Pennsylvania State Capitol in Harrisburg to call for increased state funding for higher education. Demonstrators are urging lawmakers to boost appropriations for public universities and colleges, arguing that greater investment is needed to keep tuition affordable and support students across the state.

Milwaukee County Board Chairwoman Nicholson-Bovell is publicly calling on Congress to safeguard federal transit funding. The appeal comes as local governments nationwide watch for potential cuts to federal transportation support that transit systems rely on for operations and capital projects. Her message frames sustained federal investment as essential for Milwaukee County's buses and regional mobility.