Japan Raises Interest Rates for First Time in 17 Years
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Japan Raises Interest Rates for First Time in 17 Years

Higher inflation and rising wages suggest that the country’s economy can grow without such aggressive stimulus from the central bank.
China’s New Economic Agenda, a Lot Like the Old One: Takeaways
Posted inChina China Economy Communist Party of China Coronavirus (2019-nCoV) Defense and Military Forces Economic Conditions and Trends Foreign Investments Government Bonds International Relations Local Government National People's Congress (China) Politics and Government Stimulus (Economic) Territorial Disputes

China’s New Economic Agenda, a Lot Like the Old One: Takeaways

At the National People’s Congress on Tuesday, China’s leaders set an ambitious goal for growth, exactly the same one as last year.
State and Local Governments Have Billions in Pandemic Aid Left to Spend
Posted inBudgets and Budgeting Coronavirus (2019-nCoV) Federal Aid (US) Government Accountability Office Government Employees Infrastructure (Public Works) Local Government Medicine and Health States (US) Stimulus (Economic) Treasury Department Unemployment Insurance

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.