USA News

In a contentious debate ahead of Michigan’s Democratic primary, candidates Abdul El-Sayed and Rep. Haley Stevens debated outside funding, race tone, and electability. El-Sayed criticised Stevens for accepting financial support from groups like AIPAC, while Stevens pointed to a super PAC backing El-Sayed. Both candidates seek to replace outgoing Sen. Gary Peters.

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Audio recordings from former President Joe Biden, made while writing his memoir in 2017, have been released after a court ruling. The two hours of tape include Biden discussing potentially classified information and reflect strained communication. Biden’s team had previously sought to keep the recordings private.

The pound’s recent strong rally has slowed, with traders looking for direction in a quiet week for UK economic data. Sterling is down 0.2% against the dollar, trading around $1.311, after losing over 1% in the past five days. 

The dollar is near a two-week high ahead of key US data, including manufacturing PMI and Friday’s jobs report. These figures will influence whether the US Federal Reserve cuts rates by 25 or 50 basis points in September.

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