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Friday, August 02, 2024

Bidenomics in Action

Shares across the world tumbled Friday - as investors panicked over signs of weakness in the US economy.

Japan's benchmark Nikkei 225 suffered its second largest points drop in history and was down a staggering 5.8 percent overnight. 

Then Friday morning, unemployment among Americans rose to the highest level since October 2021 - 4.3 percent - suggesting the US economy is spluttering. 
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