Global stocks slumped and the dollar sank further on Friday amid escalating worldwide tariffs, causing a manic bond selloff and sparking a rush into safe havens like the Swiss franc and gold. The selloff in U.S. Treasuries accelerated, with the 10-year note yield rising significantly, leading to concerns about confidence in the U.S. economy. The ongoing Sino-U.S. trade war, with Trump increasing tariffs on Chinese imports and China retaliating, has heightened uncertainty, while the dollar’s decline has benefited currencies in emerging markets and led to a surge in gold prices.
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End of Temporary Protected Status could exacerbate shortage of health care aides, advocates warn
Eddie Weinstein's daughter, Caroline, hired Marcia, a Honduran home health aide with Temporary Protected Status, to care for him after his stroke in 2020. As TPS for over 50,000 Hondurans, including Marcia, is set to expire, concerns about a potential healthcare aide shortage are rising, with Marcia hoping for a path to a green card due to her long-standing contributions to the U.S. Want More Context? 🔎
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