Fortune

What caused the massive Bitcoin crash? Clues point to a blow-up at Hong Kong hedge funds

One crypto observer suspects a fund holding Bitcoin call options got wiped out, triggering a broader crash.

By Jeff John RobertsFebruary 6, 2026

Dow soars by 1,200 points to top 50,000 for the first time as chipmakers and airlines lead ferocious stock market rebound

Even with Friday’s surge, the S&P 500 still fell to its third losing week in the last four.

By Stan Choe and The Associated PressFebruary 6, 2026

Minneapolis fourth grader says ICE fears leave his 30-person class with just 7 students: ‘The teachers cry’

For many immigrant families in Minnesota, sending a child to school requires faith that federal immigration officers deployed around the state won’t detain them.

By Bianca Vázquez Toness and The Associated PressFebruary 6, 2026

Trump torpedoed Biden’s $1 billion plan to save American salmon, leaving species ‘on the brink of extinction’

Lawyers for conservation groups, Native American tribes, and the states of Oregon and Washington are returning to court.

By Claire Rush and The Associated PressFebruary 6, 2026

More in Politics

As Republicans slash $1 trillion out of Medicaid, Democrats see ‘a banger of an issue’ to campaign on

Despite controlling both chambers of Congress, Republicans have been unable so far to pass comprehensive legislation to offset Americans’ health costs.

By Ali Swenson, Jeff Amy and The Associated PressFebruary 7, 2026

Europe reels at Epstein files, sacking top diplomats, politicians, even princes. America shrugs

Professor Rob Ford: “We have a more functional media … a more functional accountability structure, that there is still a degree of shame in politics.”

By Jill Lawless and The Associated PressFebruary 7, 2026

Trump’s racist post about Obamas is deleted after bipartisan backlash. The White House initially defended it, then blamed a staffer

A rare admission of a misstep by the White House, the deletion came hours after press secretary Karoline Leavitt dismissed “fake outrage” over the post.

By Bill Barrow, Josh Boak and The Associated PressFebruary 6, 2026

USAID division killed by Trump is reborn after 2 mysterious donors give $48 million

“It’s wonderful that private funders have stepped up to help try to fill part of that gap but it’s only filling part of the gap.”

By Thalia Beaty and The Associated PressFebruary 6, 2026