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Bitcoin hits a record high. Here's why.
VCG/VCG via Getty Images(NEW YORK) -- Bitcoin surged to a record high on Thursday, vaulting more than 3% in early trading and hurtling past $110,000 for the first time.The price of bitcoin stood at $111,385 on Thursday, extending a sharp rise...
3h ago
Dow closes down 800 points as bond sell-off rattles markets
Photo by Jaque Silva/NurPhoto via Getty Images(NEW YORK) -- Stocks closed down significantly on Wednesday as bond yields spiked amid deficit concerns centered on a tax cut measure under consideration in the U.S. House as part of a megabill su...
20h ago
Trump's impact on European politics: Rise of the right and liberals pushing back
Andrew Harnik/Getty Images(WASHINGTON) -- If this past weekend in European politics is an indicator of anything, it's that the "Trump effect" is real, and its reverberations are unpredictable.Three European Union countries held elections on Sunday -- R...
May 21, 2025
Stocks slide after Moody's downgrades US debt
Matteo Colombo/Getty Images(NEW YORK) -- Stocks slumped at the open of trading on Monday after a downgrade of U.S. credit triggered a spike in debt yields that threatened to raise borrowing costs throughout the nation's economy.The Dow Jones Industrial...
May 19, 2025