Digital currencies such as bitcoin do not fit classic definitions of 'money' and are therefore difficult to regulate with existing laws. It's one of a number of new technology innovations that regulators are struggling to fit into traditional laws.
Though it has the largest economy, the United States ranks ninth of 19 countries in a newly released report by Save the Children, which ranks G20 nations in terms of creating the best environment for raising kids.
The US economy added 287,000 jobs in June, according to the Labor Department. Though economists are uncertain whether that breakneck pace will continue, the surge is a comforting sign after dismal job growth in May and global political uncertainty in June.
The economy added 172,000 jobs over the month according to ADP, and jobless claims dropped unexpectedly last week.The reports allay some fears that a disappointing May jobs report was the start of a steep downward trend.
Britain's vote to leave the European Union sent the financial world into turmoil this past week as panicked investors moved trillions of dollars out of global markets. That's precisely what investors shouldn't do, advisors say.
Social Security and Medicare recipients will receive a small increase in their monthly benefits in 2017, but the funds' trustees warn that immediate action should be taken to ensure their long-term future.
Approximately half of Americans are concerned about the economy this election season, according to a new survey. Fifty-four percent of Democrats and 43 percent of Republicans believe that the overall economy is the top domestic issue facing the United States.