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A fundraiser for President Joe Biden in New York City that also stars Barack Obama and Bill Clinton is raising a whopping $25 million. Biden's campaign says the Thursday night event sets a record for the biggest haul for a political event. The Radio City Music Hall fundraiser provides a gilded exclamation mark on a recent burst of campaign travel by Biden, who visited several political battlegrounds in the last few weeks. The Democratic president has a significant fundraising advantage over Republican rival Donald Trump, with more than four times as much cash on hand by the end of February.

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Former crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced for his role in the 2022 collapse of FTX. The company was once one of the world’s most popular platforms for trading digital currency. Bankman-Fried was convicted in November of fraud and conspiracy and will be sentenced Thursday. That's a dramatic fall from a year earlier when he and his companies were riding high with a Super Bowl advertisement and celebrity endorsements. A jury found that Bankman-Fried illegally used money from FTX depositors to cover his expenses. His lawyers say he is not the “evil genius” depicted in the media.

Every day, police in the U.S. rely on common use-of-force tactics that, unlike guns, are meant to stop people without killing them. But when misused, these tactics can still end in death — as happened with George Floyd. An investigation led by The Associated Press has found that, over a decade, more than 1,000 people died after police subdued them through physical holds, stun guns, body blows and other force not intended to be lethal. Medical officials cited the force in about half the cases. In others, officers didn’t follow best safety practices, creating a recipe for death. These deadly encounters happened in nearly every state and the deceased came from all walks of life. The toll, however, disproportionately fell on Black Americans.

The federal government has struggled for years to track deaths that happened after police used force like physical restraints and Tasers that isn’t supposed to be lethal. After George Floyd was killed under a police officer’s knee, a team of reporters led by The Associated Press set out to do their own count. Filing thousands of public records requests for documents and body-camera videos, their investigation cataloged more than 1,000 deaths over a decade. The work took three years and required maneuvering around consistent efforts by police departments and other officials to withhold information about cases. The new database that is the result is the most complete yet of deaths following “less-lethal force” that officers use every day.

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European shares have opened higher after a mixed trading session in Asia. Chinese markets rose and Tokyo's benchmark fell. Oil prices advanced, while U.S. futures edged lower. The S&P 500 added 0.9% Wednesday, beating the all-time high it set last week. The Dow Jones Industrial Average climbed 1.2%, and the Nasdaq composite added 0.5%. The Dow and Nasdaq closed just short of their own records. Merck helped push the market higher after winning federal approval for its treatment for a rare disease affecting blood vessels. Trump Media & Technology Group jumped again in its second day of trading.

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U.S. federal agencies must show that their artificial intelligence tools aren’t harming the public, or stop using them, under new rules unveiled by the White House. Vice President Kamala Harris says government agencies that use AI tools will be required to verify that those tools do not endanger the rights and safety of the American people. After Thursday's announcement, each agency by December must have a set of concrete safeguards that guide everything from facial recognition screenings at airports to AI tools that help control the electric grid or determine mortgages and home insurance.