Ed Kalecki

Bitcoin is reclaiming its place among the favorite assets of thrill-seeking speculative traders.

On Friday, the original digital currency surged the most in almost three years.

To recoup almost all of the losses registered during Thursday's crypto market meltdown that had dragged the token down more than 50% from its October peak.

The dizzying swings of around 13% have helped to reignite a jump in the volatility that traders traditionally relish because of the potential profit opportunities.

Trump administration emissaries spoke again Friday with Iranian officials.

Hagar Charmali, a former member of the National Security Council, tells Bloomberg she sees the threat of another military strike likely to be carried out despite Iran's weakness.

Former National Security Council member Hagar Chamali, 14 years after a mob attacked U.S.

consular facilities in Benghazi, Libya and killed the U.S.

ambassador and three staff members, Attorney General Pam Bondi announced an arrest and extradition.

The attorney general gave no details on the circumstances of his capture.

President Trump has deleted a racist video depicting Barack and Michelle Obama as apes from his social media platform after a bipartisan outcry, including from Tim Scott, the only black Republican U.S.

senator.

Trump reposted the clip on Thursday to his 11.7 million followers on Truth Social.

It included a narrator making unsubstantiated claims that voting machines were insecure in battleground states during the 2020 election, which former President Joe Biden won.

In the last seconds of the video, photos appear of the former president and first lady's faces with their mouths agape, superimposed on the bodies of primates.

Trump administration officials are exploring opening an antitrust investigation into U.S.

homebuilders as the White House sharpens its focus on tackling the country's housing affordability crisis.

One potential focus is on how information is shared through an industry trade group called Leading Builders of America.

Officials have grown concerned that the trade group, whose members include Lenar and D.R.

Horton, could be used to restrict housing supply or coordinate pricing.