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.
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The Senate Agriculture Committee is proposing some notable changes to the controversial food stamp provisions in the House-approved version of Republicans’ megabill.
Attorneys for Kilmar Abrego Garcia have asked a judge to put severe sanctions on the Trump administration, saying federal officials violated court orders to prove the steps they were taking to attempt to get the wrongfully deported man out of El Salvador for weeks, before he was returned to face criminal charges.
A family whose home was mistakenly raided by the FBI eight years ago in the middle of the night will be permitted to continue their damages lawsuit after the Supreme Court on Thursday sent their case back to a federal appeals court for additional review.
Nearly all of the members of the Fulbright Foreign Scholarship Board resigned on Wednesday, claiming the Trump administration is taking “unprecedented actions” they believe are “impermissible under the law.”
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For nearly a decade, the community in Orlando has been working to find a way to memorialize the 49 people who were killed when a gunman opened fire on Latin night at a popular gay nightclub, making it the worst mass shooting in modern US history at the time.
U.S. troops have begun directly detaining immigrants accused of trespassing on a recently designated national defense zone along the southern U.S. border, in an escalation of the military’s enforcement role, authorities said Wednesday
President Donald Trump drew both admiration and ire at the Kennedy Center’s opening night of Les Miserables – with a greeting of cheers and boos, drama at intermission and drag queens in the audience.
GOP Sen. Rand Paul is accusing the White House of “immaturity” and engaging in “petty vindictiveness” after he and his family were disinvited from the annual White House picnic long held with members of both parties.
A federal judge granted Mahmoud Khalil’s habeas corpus petition and barred the Trump administration from continuing to seek his detention, according to a court order.
David Hogg will not seek reelection to his Democratic National Committee vice chair position after the party announced Wednesday that members had voted to redo the contests he and another officer won in February.
An Oklahoma appeals court on Wednesday ordered a stay of execution to be lifted for a man on death row, clearing the way for him to receive a lethal injection for killing a Tulsa woman in 1999.
The US State and Defense departments on Wednesday made efforts to arrange the departure of non-essential personnel from locations around the Middle East, according to US officials and sources familiar with the efforts.