Supply chains remained in disarray as ongoing snarls were drastically worsened by lockdowns in China and Russia's invasion of Ukraine.
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Even with lower gas prices effectively putting more money back in their pockets, Americans tapped the brakes on spending last month.
(CNN) � Some United States families with children will soon have more spending money in their pockets. The IRS will begin sending out payments this summer to some low and moderate income families, depending on the age of their kids. Families will get monthly payments of $250 to $300 starting in July through December. The