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U.S. slips to fourth place in Global Competitiveness Index; Investors exit stock mutual funds; Students default on loans; Workplace discrimination against Muslims rises; Jobs at foreign subsidiaries of U.S. companies increase

U.S. slips to fourth place in Global Competitiveness Index

The U.S. has slipped from second to fourth in the World Economic Forum’s Global Competitiveness Index, supplanted by Sweden and Singapore. The rankings, with Switzerland in first place, factor each nation’s infrastructure, education, health care, record of innovation and more.

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