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Inflation’s down and the European Central Bank has cut rates, again. Next up: The Fed.

AP Business Writer FRANKFURT, Germany (AP) — With inflation subsiding, the European Central Bank is cutting its benchmark interest rate  to prop up tepid growth with lower borrowing costs for companies and home buyers. The bank’s rate-setting council lowered the deposit rate from 3.75% to 3.5% at a meeting at its skyscraper headquarters in Frankfurt

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Francine’s heavy rainfall forces dramatic water rescues as even more flooding is on the horizon

By Dalia Faheid and Mary Gilbert, CNN (CNN) — Francine is spreading dangerous conditions across the South Thursday after it slammed into Louisiana with extreme rainfall, life-threatening flooding and destructive winds that knocked out power to hundreds of thousands amid reports of flooded homes. • Serious flood threat from weakening Francine: Francine made landfall in Terrebonne

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Thailand’s slumping economy is new leader Paetongtarn’s focus in her first parliamentary speech

Associated Press BANGKOK (AP) — Thailand’s new Prime Minister Paetongtarn Shinawatra, the daughter of former Prime Minister Thaksin Shinawatra, vowed Thursday in her inaugural speech to Parliament to continue many of her predecessor’s plans to solve the country’s economic woes. Among the government’s more immediate plans are measures to relieve household debt and reduce the

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Pac-12 to add Boise St., Fresno St., San Diego St., Colorado St. in 2026, poaching Mountain West

AP College Football Writer After being poached almost into oblivion, the Pac-12 is fighting off extinction by plucking schools from the Mountain West. The Pac-12 announced Thursday that it in 2026 it will add Boise State, Colorado State, Fresno State and San Diego State alongside Oregon State and Washington State in a rebuilt Conference of

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Australia strips medals from military commanders over Afghanistan war crime allegations

Associated Press MELBOURNE, Australia (AP) — Australia’s Defense Minister Richard Marles says several serving and former military commanders have been stripped of medals over allegations of war crimes committed during the Afghanistan war. A war crime investigation had recommended holding commanders to account for alleged misconduct of Australian special forces between 2005 and 2016. The investigation

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A plan to extract gold from mining waste splits a Colorado town with a legacy of pollution

Associated Press LEADVILLE, Colo. (AP) — Rust-colored piles of mine waste and sun-bleached wooden derricks loom above the historic Colorado mountain town of Leadville — a legacy of gold and silver mines polluting the Arkansas River basin more than a century after the city’s boom days. Enter a fledgling company called CJK Milling that wants

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A scenic California mountain town walloped by a blizzard is now threatened by wildfire

Associated Press RUNNING SPRINGS, Calif. (AP) — In the Southern California mountain town of Running Springs, residents live between two scenic lake resorts — a seemingly serene spot but one also caught between the swings of devastating winter snowstorms and menacing summer wildfires. Niko Rynard is currently evacuated from his home due to the Line

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A scenic California mountain town walloped by a blizzard is now threatened by wildfire

Associated Press RUNNING SPRINGS, Calif. (AP) — In the Southern California mountain town of Running Springs, residents live between two scenic lake resorts — a seemingly serene spot but one also caught between the swings of devastating winter snowstorms and menacing summer wildfires. Niko Rynard is currently evacuated from his home due to the Line

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