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Month: October 2023

Sam Bankman-Fried awaits chance to tell his side of story in epic cryptocurrency exchange collapse

By LARRY NEUMEISTER and KEN SWEET Associated Press NEW YORK (AP) — Prosecutors in the case against FTX founder Sam Bankman-Fried rested on Thursday, setting the stage for him to testify about how his multibillion-dollar cryptocurrency empire collapsed, causing billions of dollars in losses that prosecutors blame on his extravagant spending on investments, donations and

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Sam Bankman-Fried awaits chance to tell his side of story in epic cryptocurrency exchange collapse

By LARRY NEUMEISTER and KEN SWEET Associated Press NEW YORK (AP) — Prosecutors in the case against FTX founder Sam Bankman-Fried rested on Thursday, setting the stage for him to testify about how his multibillion-dollar cryptocurrency empire collapsed, causing billions of dollars in losses that prosecutors blame on his extravagant spending on investments, donations and

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Israel’s allies fear it could be walking into a trap in Gaza as Hamas and its backers seek a wider conflict

Analysis by Sam Kiley, Senior International Correspondent, CNN London (CNN) — As they watch airstrikes and hot-barreled howitzers pound targets in Gaza, check and recheck their personal weapons, communications and webbing, there can be very few among the thousands of Israeli soldiers poised for combat who don’t quietly wonder: “Is this a trap?” Hamas, and

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Rep. Jamaal Bowman pleads guilty to a misdemeanor for pulling a fire alarm in House office building

By LINDSAY WHITEHURST Associated Press WASHINGTON (AP) — Democratic congressman Jamaal Bowman has pleaded guilty to a misdemeanor count for triggering a fire alarm as lawmakers scrambled to pass a funding bill before a government shutdown deadline in September. Under an agreement with prosecutors, Bowman will pay a $1,000 fine and serve three months of

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US economic growth accelerated to strong 4.9% rate last quarter as consumers shrugged off Fed hikes

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace. The economy expanded last quarter at the fastest pace in more than

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Ohio woman indicted on murder charges in deaths of at least four men, attorney general says

By SAMANTHA HENDRICKSON Associated Press/Report For America COLUMBUS, Ohio (AP) — An Ohio woman has been indicted on murder charges in the deaths of at least four men in the capital city of Columbus, the Ohio Attorney General said Wednesday, though investigators believe there are more victims. Rebecca Auborn, a 33-year-old from Columbus, is accused

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China and the U.S. appear to restart military talks despite disputes over Taiwan and South China Sea

BEIJING (AP) — China and the United States appear to be restarting dialogue between their militaries, despite continuing disputes over Beijing’s claims to Taiwan and the South China Sea. Chinese reports, as yet not confirmed by Washington, say the U.S. will send a Department of Defense official to attend a Chinese Defense Ministry international gathering

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