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Pentagon warns about China’s growing long-range missile arsenal in major report

By Oren Liebermann, CNN (CNN) — The US military believes that China has more than 500 operational nuclear warheads, surpassing earlier projections and it may be exploring the development of conventionally-armed long-range missiles that could reach the United States, according to a major Pentagon report on Beijing’s military prowess. China is rapidly modernizing its military

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Gaza awaits humanitarian aid, as Israel tells troops to ‘be ready’ for ground invasion

By NAJIB JOBAIN, SAMYA KULLAB and RAVI NESSMAN Associated Press KHAN YOUNIS, Gaza Strip (AP) — Israel pounded the Gaza Strip with airstrikes Thursday, including in the south where Palestinians were told to take refuge, and the country’s defense minister told ground troops to “be ready” to invade, though he didn’t say when. Gaza’s overwhelmed

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Palestinians in Gaza find nowhere is safe amid steady bombing, as Israeli ground invasion looms

By NAJIB JOBAIN, SAMYA KULLAB and RAVI NESSMAN Associated Press KHAN YOUNIS, Gaza Strip (AP) — Israeli airstrikes pounded locations across the Gaza Strip on Thursday, including parts of the south that Israel told Palestinians to take refuge, heightening fears among more than 2 million Palestinians trapped in the territory that nowhere was safe. Israel’s

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The government secures a $9 million settlement with Ameris Bank over alleged redlining in Florida

By LINDSAY WHITEHURST Associated Press WASHINGTON (AP) — The Justice Department has secured a $9 million settlement with Ameris Bank over allegations it avoided underwriting mortgages in predominately Black and Latino communities in Jacksonville, Florida, and discouraged people there from getting home loans. It’s the government’s latest settlement over a practice known as redlining. The

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Fed Chair Powell: Slower economic growth may be needed to conquer stubbornly high inflation

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed’s target level will likely require a slower-growing economy and job market. Powell noted that inflation has cooled significantly from a year ago. But he cautioned that

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