Bitcoin soars, nearing $50,000 for the first time
CNN
Bitcoin is this close to $50,000, continuing a stunning rise that has sent it soaring nearly $20,000 this year.
The digital currency hit a record $49,714.66 Sunday before pulling back somewhat. Bitcoin is still up about 4% over the past 24 hours. Investors have sent the price of bitcoin skyrocketing during the pandemic as the Federal Reserve cut interest rates to near zero in March 2020 (and expects to keep them there for several more years), severely weakening the US dollar.
After weeks of stalemate — and mounting airport delays nationwide — leaders in both parties are scrambling to work out a deal to reopen the Department of Homeland Security, though it remains unclear if a compromise is in reach.
Trump administration officials are making a desperate push to secure every available barrel of oil amid a worsening energy crisis — even if it means lifting sanctions on the very country that they’re fighting against.
A federal judge on Friday voided various parts of a restrictive press policy rolled out by Defense Secretary Pete Hegseth last year, ruling that they trampled on the constitutional rights of reporters who seek to cover the US military from within its sprawling headquarters.
President Donald Trump is reshaping a Colorado Republican primary by offering one of the candidates a role in his administration and returning his endorsement to the incumbent, whom he called a “RINO” just last month.
More than a month into the Department of Homeland Security shutdown, lawmakers on Capitol Hill are reckoning with their own travel privileges amid anxieties the funding crunch could exacerbate issues at already understaffed airports around the country.
TV host and comedian Bill Maher has been chosen to receive the prestigious Mark Twain Prize for American Humor, two sources close to the Kennedy Center told CNN.
Conventional wisdom has set in that President Donald Trump’s base is sticking with him on the Iran war, but he has alienated significant portions of his voters — and risks alienating more.
US officials are furiously trying to avert a potential monthslong closure of the Strait of Hormuz, privately acknowledging that reopening the key waterway is a problem without a clear solution and dependent at least in part on what lengths President Donald Trump is willing to go to force the Iranian regime’s hand, multiple administration and intelligence officials tell CNN.
The chief executive of Live Nation testified Thursday that it was “disgusting” that a top ticketing employee talked about “robbing fans blind” in internal messages.
Supreme Court revives First Amendment lawsuit from street preacher who called concertgoers ‘sissies’
The Supreme Court on Friday revived a First Amendment lawsuit from a street preacher who used a loudspeaker to call people “whores,” “Jezebels” and “sissies” as they tried to enter an amphitheater to attend concerts in a suburban Mississippi community.
As millions of Americans braced for a series of brutal storms this winter, the senior official in charge of the federal government’s disaster response had been on the job only a few weeks — and had previously claimed on podcasts that he once teleported to a Waffle House.
Air travelers across the US continue to face travel headaches as Transportation Security Administration workers go without full pay. Find the latest live updates here.
Veterans’ advocates are raising concerns that a new agreement between the departments of Veterans Affairs and Justice could take away veterans’ autonomy over their health care decisions and deter them from seeking care, particularly those facing homelessness.