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US employers added a robust 272K jobs in May

The unemployment rate edged up to a still-low 4%, from 3.9%, ending a 27-month streak of unemployment below 4%, the Labor Department said Friday.

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White House to extend student loan pause again

The Biden administration plans to freeze federal student loan payments through Aug. 31, extending a moratorium that has allowed millions of Americans to postpone payments during the coronavirus pandemic, according to an administration official familiar with the White House’s decision-making.