Biden was at home in Rehoboth Beach, Delaware, on Friday after holding just one public event this week.
Biden arrived at the White House late Thursday night and remains away after a tumultuous week around the world and on Wall Street. He has no events scheduled for today.
The threat of an Iranian retaliation against Israel still loomed large on Friday following the killings of senior Hezbollah and Hamas officials in Lebanon and Iran last week.
According to the Associated Press, Russia has also declared a “federal-level” state of emergency in the Kursk region on the Ukrainian border, where Kiev has launched its biggest surprise attack on Russia since the war began more than two years ago.
Biden hosts Texas Rangers at White House
President Joe Biden and First Lady Jill Biden walk down the steps of Air Force One at Dover Air Force Base, Delaware, Thursday, Aug. 8, 2024, before heading to their home in Rehoboth Beach, Delaware, for a long weekend. (AP/Susan Walsh)
Around 1,000 Ukrainian troops have reportedly flowed into Russia, where fighting continues.
On Wall Street An unsettled week.
A sell-off in global stock markets on Monday saw the Dow Jones Industrial Average fall 2.6%, the Nasdaq Composite fall 3.43% and the S&P 500 fall 3%, but Thursday’s release of jobless claims numbers eased some fears of an economic recession.
But one US economist warns this may just be the beginning of a “liquidation”.
“There’s a lot of pain ahead for the economy and for the markets, which have really been laggards, like the Fed,” MacroMarvens President Stephanie Pomboy said Thursday on Fox Business’ “Mornings with Maria.”
Pelosi acknowledges Biden team was not on a ‘path to victory’
US President Joe Biden gave a welcoming speech in the East Room of the White House on Thursday, August 8, celebrating the Texas Rangers’ 2023 World Series victory, in his only public event this week. (Mandel Gunn/AFP via Getty Images)
Biden hosted the reigning MLB World Series champion Texas Rangers at the White House on Thursday in his only public event this week.
After Biden gave some comments about the Rangers’ championship season, manager Bruce Bochy presented him with a custom jersey, which Biden then held up for a photo. Bochy also presented the president with a pair of cowboy boots.
President Joe Biden arrived at Dover Air Force Base on Thursday evening on his way to his home in Rehoboth Beach. (AP/Manuel Balce Senator)
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After a moment, Biden asked, “So, what do I do now?” and his guests and players laughed.
FOX News’ Caitlin McFall and Chantz Martin and FOX Business’ Kristen Altas contributed to this report.
