In order to enable Americans to continue to get back on their feet after two hard years of the pandemic, President Joe Biden has announced the extension of the pause on federal student loan repayments until August 31. This is the third extension in freezing the repayments, benefitting 41 million Americans. That additional time will assist borrowers in achieving greater financial security and suppo...
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.