"No Labels Abandons Third-Party Bid, Boosting Biden's 2024 Prospects"

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Source: Financial Times
TL;DR

No Labels, a bipartisan political organization, has decided to drop its presidential bid, which is seen as a boost to Joe Biden's campaign. The group's decision not to endorse a candidate in the 2020 election is seen as a positive development for Biden, as it could help consolidate support from moderate and independent voters.

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