State and Local Governments Have Billions in Pandemic Aid Left to Spend

State and Local Governments Have Billions in Pandemic Aid Left to Spend

Two years after the federal government approved $350 billion in emergency funding for states and localities to respond to the public health crisis, much of the funds have not been used.
In China Businesses Cut Prices as Consumers Spend Less

In China Businesses Cut Prices as Consumers Spend Less

Beijing hopes spending can spur growth, which has been dragged down by slowing real estate sales and exports. But shoppers are gravitating to discounts.