4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt down Bitcoin and other cryptocurrencies are being caught up in the storm impacting all kinds of markets, including stocks. The plunge in a type of crypto called TerraUSD is raising special concern. David Gura
The U.S. is named a Rugby World Cup host The sporting event is coming to the U.S. for the first time in 2031. Amy Morgan
Among the many losses of the war in Ukraine: nearly 5 million jobs The International Labour Organization says employment losses could increase to seven million if hostilities continue, but that rapid recovery would be possible if fighting were to stop immediately. Rachel Treisman
What is StockX and why is Nike suing them? StockX is an online marketplace where many sneakerheads buy and sell shoes. But Nike is claiming in a lawsuit that StockX is not authenticating all products and selling counterfeits. Wynne Davis
German industrial giant Siemens is leaving Russia after nearly 170 years The company first arrived in Russia in 1851 to deliver devices for a major telegraph line. It primarily does maintenance work on high-speed trains these days — though it's now winding down operations. Rachel Treisman
Tennis star Naomi Osaka is launching her own sports agency The 24-year-old tennis champ is leaving IMG to start an agency of her own. Rina Torchinsky
Home prices could fall in some U.S. cities. Here's where and why During the past two years, home prices nationally have soared more than 30%. Rising mortgage rates make affording a home even harder. That has many people wondering if we're in another housing bubble. Chris Arnold
Looking for an electric vehicle? Here’s why they’re hard to find in Washington Automakers have shifted deliveries of the climate-friendly vehicles to states with better incentives for selling clean cars. John Ryan
Gasoline prices hit a record high, again Gas prices surged to a national record, not adjusted for inflation, surpassing the previous milestone hit around two months ago. It comes just ahead of the key summer driving season. Brittany Cronin
A brutal sell-off on Wall Street continues as stocks sink for a 3rd day in a row Stocks continue to slump on fears about inflation – and whether the Federal Reserve can bring down prices without sparking a recession. David Gura
