ATLANTA — Georgia now has $10.7 billion in surplus cash that its leaders can spend however they want after the state ran a huge surplus for the third straight year. The State Accounting Office, in a Monday report, said Georgia ran a $5.3 billion surplus in the 2022 budget year ended June 30, even after spending $32.6 billion. All told, …
U.S. companies are sitting on the largest pile of cash ever. Cash holdings at nonfinancial companies grew to a record $2.1 trillion at the end of June, according to a report from Moody’s Investors Service. View Full Image Cash holdings Other measures show some of America’s largest companies continued to hang on to record cash stockpiles at the end of …
