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Ken Sweet, Associated Press

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Ken’s Recent Stories

Politics Jul 21

WATCH: Senate panel explores skyrocketing housing prices

The Senate Banking Committee explored the state of housing in the United States in a hearing Thursday, as rising mortgage rates, low inventory and high home and rental prices squeeze consumers.

Economy Jun 13

Bitcoin prices plunge as major crypto lender halts operations

The price of bitcoin and other cryptocurrencies are falling Monday, after the major crypto lender Celsius halted all withdrawals citing "extreme market conditions."…

Economy Jun 07

Cryptocurrency meltdown is wake-up call for many, including Congress

Meltdowns in the cryptocurrency space are common, but the latest one has served as a vivid reminder that investors, both professionals and rookies, can be rolling the dice when putting money into digital assets.

World May 24

U.S. to end Russia’s ability to pay off international debt

The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.

Economy May 13

Wild week in crypto ends as Bitcoin and stablecoin tumble

It's been a wild week in crypto, even by crypto standards. Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry's highest-profile companies lost a third of its market value.

World May 01

After sanctions, investors prepare for Russia to default

Investors remain largely convinced that Russia will eventually default on its debts for the first time since 1917. The major ratings agencies Standard & Poor’s and Moody’s have declared Russia is in “selective default” on its obligations.

World Apr 23

How sanctions are affecting the Russian economy

As the West moved to cut off Russia’s access to its foreign reserves, limit imports of key technologies and take other restrictive actions, the Kremlin launched some drastic measures to protect the economy.

World Mar 31

As ruble rebounds, some question impact of sanctions against Russia

The Russian ruble has bounced back to almost its full value since before the West imposed economic sanctions on Russia over its invasion of Ukraine.

World Feb 28

Russians line up at banks as currency plummets in face of sanctions

Ordinary Russians are facing the prospect of higher prices as Western sanctions over the invasion of Ukraine sent the ruble plummeting.

Health Feb 04

Propelled by omicron, U.S. death toll from COVID-19 hits 900,000

COVID-19 has become one of the three top leading causes of death in America, behind the big two — heart disease and cancer. To public health experts, the milestone is made all the more tragic because so many of the…

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