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Top Federal Reserve official voices optimism that inflation will keep slowing, with rate cuts coming

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — A top Federal Reserve official said he’s increasingly confident that inflation will continue falling this year back to the Fed’s 2% target level, after two years of accelerating price spikes that hurt millions of American households. The official, Christopher Waller, an influential member of the Fed’s

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Tanzania says Kenyan authorities bow to pressure and will allow Air Tanzania cargo flights

NAIROBI, Kenya (AP) — Kenyan authorities will allow cargo flights from Tanzania after its neighbor threatened to ban Kenya Airways passenger flights to Tanzania’s commercial capital. The Tanzania Civil Aviation Authority says its Kenyan counterpart has given approval to operate cargo flights between the East African countries. Kenya’s foreign affairs minister says the matter is

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Hutchinson suspends presidential campaign

By Veronica Stracqualursi, CNN Washington (CNN) — Former Arkansas Gov. Asa Hutchinson announced Tuesday he’s ending his presidential campaign following a dismal showing in Monday night’s Iowa caucuses, which were dominated by former President Donald Trump. Hutchinson finished sixth in the caucuses, according to the Iowa GOP, capturing only 191 votes. Since launching his campaign

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Former Arkansas Gov. Asa Hutchinson ends his 2024 campaign after sixth-place finish in Iowa caucuses

By ANDREW DeMILLO Associated Press LITTLE ROCK, Ark. (AP) — Former Arkansas Gov. Asa Hutchinson is dropping out of the race for the Republican presidential nomination after finishing sixth in Iowa’s leadoff caucuses. Hutchinson said Tuesday his poor performance in Iowa showed him he has no path to the GOP nomination. Hutchinson’s exit comes after

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At Davos, Zelenskyy lashes out at Putin and presses allies to boost Ukraine’s fight

By JAMEY KEATEN Associated Press DAVOS, Switzerland (AP) — Ukrainian President Volodymyr Zelenskyy has come out swinging against Russian leader Vladimir Putin at the World Economic Forum’s annual meeting in Davos. He also urged Tuesday political and corporate leaders facing war fatigue in the West to enforce sanctions, help rebuild the country and advance the

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Stanford’s Tara VanDerveer on cusp of passing Coach K for most wins in college basketball history

By DOUG FEINBERG AP Basketball Writer Stanford coach Tara VanDerveer can become college basketball’s all-time wins leader this week when the Cardinal face Oregon and Oregon State at home. The Hall of Fame coach, who already has the most victories in women’s basketball, sits one win behind former Duke men’s coach Mike Krzyzewski’s record of

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Advocacy groups are petitioning for the end of SNAP interview requirements

By CORA LEWIS Associated Press NEW YORK (AP) — Student and legal advocacy groups are petitioning the U.S. Department of Agriculture to lift the interview requirement for Supplemental Nutrition Assistance Program applicants to receive food aid. The groups argue the interview requirement is burdensome and prevents those who qualify for food aid from receiving it.

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