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Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated

AP Economics Writer WASHINGTON (AP) — Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting. The Fed’s policymakers are likely to signal fewer interest rate cuts next year than were previously expected. The officials are set to reduce their benchmark rate, which affects

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For the first time in 8 years, a US Navy ship makes a port call in Cambodia, a top Chinese ally

Associated Press SIHANOUKVILLE, Cambodia (AP) — A U.S. Navy warship has arrived in Cambodia, the first such visit in eight years to a nation that is China’s close ally in Southeast Asia. Cambodia’s government has suggested the port call reflects an upgrade in often-strained relations. The USS Savannah, carrying a crew of about 100, docked

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Pakistan begins last anti-polio vaccination campaign of the year after a surge in cases

ISLAMABAD (AP) — Officials say Pakistan has begun its last nationwide vaccination campaign for the year to protect 45 million children from polio after a surge in new cases hampered efforts to stop the disease. Since January, Pakistan has reported 63 confirmed cases of polio.  The prime minister’s adviser for the polio eradication program said

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Journalists anticipate a renewed hostility toward their work under the incoming Trump administration

AP Media Writer NEW YORK (AP) — For the press heading into a second Trump administration, there’s a balancing act between being prepared and being fearful. The return to power of Donald Trump, who has called journalists enemies and talked about retribution against those he feels have wronged him, has news executives nervous. Perceived threats

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‘It’s as if an atomic bomb fell on Mayotte’: Widespread destruction after 100-year cyclone pummels French territory

By Lex Harvey and Pierre Bairin, CNN (CNN) — Thousands are feared dead after a devastating 100-year cyclone ripped across the French archipelago of Mayotte on Saturday, inflicting destruction that one resident likened to an atomic bomb. “The situation is catastrophic, apocalyptic,” Bruno Garcia, owner of Hotel Caribou in Mamoudzou, Mayotte’s capital, told CNN-affiliate BFMTV.

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2024 was big for bitcoin. States could see a crypto policy blitz in 2025 in spite of the risks

Associated Press HARRISBURG, Pa. (AP) — The new year will usher in the bitcoin-friendly administration of President-elect Donald Trump and an expanding lobbying effort in statehouses that, together, could push states to become more open to crypto and for public pension funds and treasuries to buy into it. Proponents of the uniquely volatile commodity argue

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