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Bitcoin plunges up to 8% and South Korea's Kospi sinks nearly 4% in the latest tech-led sell-off
Shares retreated Thursday in Asia on heavy selling of technology stocks, while the price of bitcoin fell as much as 8%.The latest round of jitters over high prices for tech shares sent South Korea’s Kospi down nearly 4%, while U.S. futures edged lower. Oil prices sank more than $1 a barrel.
Bitcoin was trading near $71,000 early Thursday, down 7% after crashing to about $69,000 earlier in the day, according to CoinDesk. That's its lowest level since November 2024.
In share trading, Tokyo's Nikkei 225 shed 0.9% to 53,818.04, while the Kospi in South Korea... Read More
Portland upsets No. 6 Gonzaga 87-80 to snap Bulldogs' 15-game winning streak
PORTLAND, Ore. (AP) — Joel Foxwell scored 27 points and Portland upset No. 6 Gonzaga 87-80 on Wednesday night, giving the Pilots their first victory over a top-10 team and snapping the Bulldogs' 15-game winning streak.Portland also ended a 20-game Gonzaga winning streak in the series. The Pilots had not defeated the Bulldogs since an 82-73 triumph in Portland on Jan. 9, 2014.
James O'Donnell added 16 points for the Pilots (11-14, 4-8 West Coast Conference), who snapped a three-game losing streak with a stunning performance. They were a 21 1/2-point underdog,... Read More
Warriors agree to send Jonathan Kuminga, Buddy Hield to Hawks for Kristaps Porzingis, AP source says
SAN FRANCISCO (AP) — The Golden State Warriors found their dependable big man by acquiring Kristaps Porzingis from Atlanta and granted forward Jonathan Kuminga his wish to be traded while also dealing guard Buddy Hield to the Hawks, according to a person with knowledge of the swap.The person spoke to The Associated Press on condition of anonymity Wednesday night because the trade had not yet been approved by the league.
Kuminga sat out Tuesday night's 113-94 loss to the Philadelphia 76ers because of a bone bruise in his left knee, his fifth straight missed game.
Kindergarten readiness varies widely by income, new data shows. Cities are stepping in to help
SAN ANTONIO (AP) — Sandra Mosqueda watched with an amused smile as her 2-year-old son, Atreus, began sweeping the floor with a miniature mop.Atreus is part of the inaugural class of infants and toddlers receiving free preschool in a citywide program in San Antonio, Texas. It's something his mother doesn’t take for granted. As a child, she herself wasn't able to start preschool this young. In the case of her two older boys — now in first grade and kindergarten — the free preschool set them up for success in elementary school.
The first five years of a child’s... Read More
Jesse Jackson Jr. pitches redemption in bid for old House seat years after campaign fraud conviction
COUNTRY CLUB HILLS, Ill. (AP) — As Jesse Jackson Jr. campaigns for his old U.S. House seat at Chicago-area churches, banquet halls and on Black radio shows, he often takes a moment to address the obvious matter hanging over his political comeback.The son of the civil rights icon tries to bring it up first: A 2013 campaign fraud conviction that ended his 17-year political career.
“It’s now part of my story,” Jackson told the pastors, elected officials and retirees gathered on a recent Saturday to hear his lofty plan to revive Chicago's sagging south suburbs... Read More
Top Stories
- Savannah Guthrie posts message to her mother's kidnapper asking to provide proof she is alive
- Washington Post cuts a third of its staff in a blow to a legendary news brand
- The former Prince Andrew moves to King Charles III's private estate after Epstein document uproar
- Iran and US agree to hold nuclear talks Friday in Oman as Trump delivers blunt warning to Khamenei
- Trump's border czar is pulling 700 immigration officers out of Minnesota immediately
- Curling opens competition at 2026 Winter Olympics as brief power outage pauses play, luge training
- Supreme Court allows new California congressional districts that favor Democrats
- Israel strikes across Gaza, killing 24, and says militants attacked its soldiers
- Legal fight escalates over Georgia voting records as Trump says he wants to âtake overâ elections
- Man who tried to shoot Trump at a Florida golf course gets life in prison
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Entertainment
- Bad Bunny to discuss Super Bowl halftime performance fresh off big Grammy win
- Washington Post cuts a third of its staff in a blow to a legendary news brand
- The former Prince Andrew moves to King Charles III's private estate after Epstein document uproar
- LaMonte McLemore, singer and founding member of the 5th Dimension, dies at 90
Sports
- Portland upsets No. 6 Gonzaga 87-80 to snap Bulldogs' 15-game winning streak
- Warriors agree to send Jonathan Kuminga, Buddy Hield to Hawks for Kristaps Porzingis, AP source says
- Vance heads overseas for the Winter Olympics. Then he'll stop in Armenia and Azerbaijan
- Tigers and pitcher Framber Valdez agree to $115 million, 3-year deal, AP source says