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Month: October 2023

Biden declares Israel and Ukraine support is vital for US security, will ask Congress for billions

By CHRIS MEGERIAN and SEUNG MIN KIM Associated Press WASHINGTON (AP) — Declaring that U.S. leadership “holds the world together,” President Joe Biden told Americans on Thursday night the country must deepen its support of Ukraine and Israel in the middle of two vastly different, unpredictable and bloody wars. Acknowledging that “these conflicts can seem

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Lacrosse at the Olympics gives Indigenous communities a chance to see their sport shine

By EDDIE PELLS AP National Writer Nearly 1,000 years after lacrosse was first played on fields that could sometimes stretch for miles across the Haudenosaunee Confederacy, the sport will be on the Olympic schedule in Los Angeles in 2028. Whether members of the Haudenosaunee, a collection of six Indigenous nations whose territory covers upstate New

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Mortgage rates advance toward 8%

By Anna Bahney Washington, DC (CNN) — Mortgage rates continued to climb last week amid a stronger-than-expected economy and geopolitical uncertainty in the Middle East. The 30-year fixed-rate mortgage averaged 7.63% in the week ending October 19, up from 7.57% the week before, according to data from Freddie Mac released Thursday. A year ago, 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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State Department advises all Americans overseas ‘to exercise increased caution’ in worldwide alert

By Jennifer Hansler, CNN (CNN) — The US State Department on Thursday advised all US citizens worldwide “to exercise increased caution” due to “increased tensions in various locations around the world, the potential for terrorist attacks, (and) demonstrations or violent actions against U.S. citizens and interests.” The issuance of the worldwide caution alert is a

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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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Republicans warn many Gaza refugees could be headed for the U.S. Here’s why that’s unlikely

By WILL WEISSERT Associated Press WASHINGTON (AP) — Former President Donald Trump and other top Republicans are issuing increasingly urgent calls for the U.S. to seal its borders against a potential mass exodus of Palestinians fleeing war in the Gaza Strip. Some candidates suggested this week that a surge in civilian refugees could allow potential

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