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NEW ORLEANS (AP) — Former President George W. Bush returned Friday to New Orleans — the scene of one of his presidency's lowest points — to tout the region's recovery from the nation's costliest natural disaster on the 10th anniversary of Hurricane Katrina.
European and US markets stumbled Friday at the end of a rocky week plagued by worries over China's slowdown, after Asia stocks rallied on the strength of US economy. Global equities were hammered on Black Monday as risk-averse investors dumped shares on spreading panic that the flagging Chinese economy could spark a new world recession. "After a hectic rollercoaster of a week across financial markets... the moves by the PBoC and the better-than-expected US GDP have revived risk-taking to a degree," said London Capital Group analyst Brenda Kelly.
CONCORD, N.H. (AP) — Jurors have resumed deliberating in the case of a former New Hampshire prep school student charged with raping a freshman last year as part of a tradition of sexual conquest days before he graduated.