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US stocks soar to their best day since May as the Dow tops 50,000 and bitcoin stops plunging
NEW YORK (AP) — The U.S. stock market roared back, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now. The S&P 500 jumped 2% Friday for its best day since May. The Dow Jones Industrial Average soared roughly 1,200 points and topped the 50,000 level for the first time, while the Nasdaq composite rallied 2.2%. Chip companies helped drive the gains on hopes for more big spending by customers diving into AI technology. Stocks also got a boost from a better reading on sentiment among U.S. consumers. Bitcoin rose back...
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Olympians march in Milan and the mountains at a multi-site opening ceremony for the Winter Games
MILAN (AP) — Featuring tributes to da Vinci and Dante, Puccini and Pausini, Armani and Fellini, pasta and vino, and other iconic tastes of Italian culture — plus Mariah Carey hitting all the high notes in “Nel Blu Dipinto Di Blu” aka “Volare” — an unprecedented four-site, dual-cauldron opening ceremony got the Milan Cortina Olympics officially started Friday.Allowing athletes to participate in the Parade of Nations at the mountain locales for the most spread-out Winter Games in history created what perhaps was an unintended consequence: Zero competitors from any of... Read More
Trooper and pilot mourned after being killed in an Arizona law enforcement helicopter crash
Arizona law enforcement officers mourned a veteran U.S. Marine pilot and a trooper paramedic Friday while the cause of a helicopter crash that killed them during a police shootout with a domestic violence suspect in Flagstaff remained under investigation.The suspect, whose identity has not been released, fired on officers from multiple rooftops in Flagstaff over almost two hours Wednesday night. He was captured at about the same time as the helicopter crash.
The helicopter crew had been playing a common role, helping officers on the ground, Arizona Department of Public... Read More
Energy chief Wright says orders empowering coal plants helped keep lights on during winter storm
WASHINGTON (AP) — The Trump administration said Friday that its use of emergency orders to keep aging coal-fired plants operating helped prevent a major blackout from power shortages during the brutally frigid weather that has gripped most of America for the past two weeks.Scattered outages occurred because of ice accumulation that felled local power lines, leaving hundreds of thousands without power, at least briefly. But the nation's regional power grids generally maintained reliable electricity service, with natural gas and coal leading the way, Energy Secretary Chris Wright... Read More
Accused militant is taken into custody in the deadly 2012 Benghazi attack
WASHINGTON (AP) — An alleged participant in the deadly 2012 attack on the U.S. compound in Benghazi, Libya, has been taken into custody to face prosecution for the rampage that killed four Americans and emerged as a divisive political issue, the Justice Department said Friday.Zubayar Al-Bakoush, identified by officials as a member of an extremist militia in Libya, had been wanted by the United States for more than a decade. He is accused in a newly unsealed indictment of joining a mob that crashed the front gates of the diplomatic mission with assault rifles and explosives,... Read More
Top Stories
- US stocks soar to their best day since May as the Dow tops 50,000 and bitcoin stops plunging
- Olympians march in Milan and the mountains at a multi-site opening ceremony for the Winter Games
- Accused militant is taken into custody in the deadly 2012 Benghazi attack
- Actor Timothy Busfield indicted in New Mexico on 4 counts of sexual contact with a child
- Trump's racist post about Obamas is deleted after backlash despite White House earlier defending it
- In unusual move, Republican chairman scrutinizes companies tied to husband of Rep. Ilhan Omar
- US births dropped last year, suggesting the 2024 uptick was short-lived
- Luigi Mangione speaks out in protest as judge sets state murder trial for June 8
- UK police search two properties linked to Peter Mandelson as part of Epstein probe
- Bad Bunny's Super Bowl halftime show: Here's some things to expect and what they mean
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Stocks
Entertainment
- Actor Timothy Busfield indicted in New Mexico on 4 counts of sexual contact with a child
- Bad Bunny's Super Bowl halftime show: Here's some things to expect and what they mean
- The new season of 'Cross' is about corrupt billionaires. Aldis Hodge sees some parallels
- Meet the man behind the Super Bowl's annual confetti blizzard
Sports
- Olympians march in Milan and the mountains at a multi-site opening ceremony for the Winter Games
- Skiing's regulatory body rejects 'wild rumor' ski jumpers are enhancing anatomy to gain distance
- Jim Schwartz resigns as Browns' defensive coordinator after being passed over for head coach
- Drew Brees and Larry Fitzgerald headline a Hall of Fame class missing Bill Belichick