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Reverberations felt worldwide after SVB failure

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Reverberations felt worldwide after SVB failure – CBS News


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President Biden spoke with California Gov. Gavin Newsom on Saturday night about the government’s response to SVB failure. The turbulence comes at a curious moment for the U.S. economy, as the continued strength of the labor market feeds concerns about persistent inflation. Mark Strassmann reports from Atlanta on America’s economic crossroads.

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