Biden retreats to Delaware beachfront home after only public event of the week

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President Biden After holding just one public event this week, he holed up at his home in Rehoboth Beach, Delaware, on Friday.

Biden arrived at the White House late Thursday night, having avoided a trip to the White House amid a turbulent week globally and on Wall Street. He has no events scheduled for today.

As of Friday, the threat of an Iranian strike against Israel remained significant following the killings of senior Hezbollah and Hamas officials in Lebanon and Iran last week.

Russia also declared a “federal-level” state of emergency in the Kursk region bordering Ukraine, where Kiev fired a missile, according to the Associated Press. The largest surprise attack Russia has been on edge since the war broke out 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, as they head home to Rehoboth Beach, Delaware, for a long weekend. (AP/Susan Walsh)

Reports say around 1,000 Ukrainian troops have poured into Russia, where fighting continues.

Wall Street has also A turbulent week.

Following Monday’s plunge in global stock markets, which saw the Dow Jones Industrial Average fall 2.6%, the Nasdaq Composite fall 3.43% and the S&P 500 fall 3%, Thursday’s jobless claims report eased some recession fears.

However, one US economist warned that this could be just the beginning of a “reckoning”.

“We have a lot of pain ahead of us, not only for the economy but for the market that is really behind the curve, like the Fed,” Macromavens President Stephanie Pomboy said Thursday on FOX Business’ “Mornings with Maria.”

Pelosi admits Biden campaign not ‘on track to victory’

U.S. President Joe Biden speaks as he welcomes the Texas Rangers to celebrate their 2023 World Series title in the East Room of the White House on Thursday, August 8. It was his only public event of the week. (Photo by Mandel/AFP via Getty Images)

Biden holds his only public event On Thursday, he hosted Major League Baseball’s defending World Series champion Texas Rangers at the White House.

After Biden made some comments about the Rangers’ championship season, manager Bruce Bochy presented him with a custom jersey. Biden then held up the jersey for a photo. Bochy also gave the president a pair of cowboy boots.