• Russia Regrets Expiration of Nuclear Arms Treaty
  • Cortina Abuzz For The Winter Olympics
  • President Trump: The Latest Updates
  • UK Prime Minister's Job Under Threat
  • 556 Killed in Gaza Since Ceasefire Began
Bitcoin Plummets 46% Since October to $67,000

The price of bitcoin continued its monthslong slide Thursday, falling another 11% to $67,000, its lowest level in 15 months. The original cryptocurrency, pitched as “digital gold,” has lost 46% of its value since Oct. 6, when it hit a record high of $126,210.50, according to crypto trading platform Coinbase. As of 10:30 a.m. EST Thursday, its price had dipped to $67,245.

Drops for tech stocks hit Wall Street as bitcoin plunges

NEW YORK (AP) - Sharp drops hit Wall Street as technology stocks sank even more and bitcoin's price plunged again to roughly half its record set in the fall. The S&P 500 fell 1.2%. The Dow Jones Industrial Average dropped 1.2%, and the Nasdaq composite sank 1.6%. Bitcoin fell below $65,000, while gold and silver prices resumed their sharp slides.

Top Asia Pacific Breaking News: Morning Edition

WASHINGTON (AP) – President Donald Trump said Wednesday that he and Chinese President Xi Jinping discussed the situation in Iran in a wide-ranging call as the U.S. administration pushes Beijing and others to further isolate Tehran. Trump said the two leaders also discussed a broad range of other critical issues in the U.S.-China relationship.

Bitcoin Plummets 46% Since October to $67,000

The price of bitcoin continued its monthslong slide Thursday, falling another 11% to $67,000, its lowest level in 15 months. The original cryptocurrency, pitched as “digital gold,” has lost 46% of its value since Oct. 6, when it hit a record high of $126,210.50, according to crypto trading platform Coinbase. As of 10:30 a.m. EST Thursday, its price had dipped to $67,245.

Sony says profit up 11% on strong sensor and games sales

TOKYO (AP) – Sony’s profit in the last quarter surged 11% on healthy global sales, prompting the Japanese entertainment and electronics company to raise its full year profit forecast. Tokyo-based Sony Group Corp. said Thursday that it recorded an October-December net profit of 377.3 billion yen ($2.4 billion), up from 341 billion yen the year before.

Europe's central bank maintains interest rate with economic growth resilient

FRANKFURT, Germany (AP) – The European Central Bank left interest rates unchanged Thursday as the economy in the 21 countries that use the euro chugs past the disruption from U.S. President Donald Trump’s tariffs with modest yet resilient growth.

President Trump: The Latest Updates

Democrats are threatening to block funding for the Homeland Security Department when it expires in two weeks unless there are “dramatic changes” and “real accountability” for U.S. Immigration and Customs Enforcement and other law enforcement agencies who are carrying out President Donald Trump’s campaign of federal immigration enforcement in Minnesota and across the country.

Trump says he might sue his Fed nominee if he didn't lower interest rates

WASHINGTON (AP) – Treasury Secretary Scott Bessent says it would be “up to the president” whether or not to sue Kevin Warsh, if he fails to lower interest rates. During remarks at a private black-tie dinner of the elite Alfalfa Club on Saturday night, Trump said he might sue his newly selected Fed chair nominee if he didn’t lower interest rates.

Panama will not be threatened by China over Panama canal court ruling

PANAMA CITY (AP) – Panamanian President José Raúl Mulino on Thursday said he hoped an ongoing legal battle with a Hong Kong firm over operations of Panama Canal ports would “not escalate,” but that Panama’s government would remain firm in its ruling against the company.

MOSCOW (AP) – Russian President Vladimir Putin and Chinese leader Xi Jinping held a video call Wednesday to discuss the burgeoning economic cooperation between Moscow and Beijing and their relations with the United States. The Kremlin leader accepted an invitation to visit China twice this year.