The U.S. Department of Transportation's Federal Transit Administration (FTA) has announced nearly $1.7 billion to help introduce better, cleaner buses on the roads in communities across the country.The funding from Bipartisan Infrastructure Law will be used for transit projects in 46 states and territories. Under this funding, more than 1,700 buses will be manufactured in the U.S. with American pa...
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Political 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.