It can be difficult to grasp the concept of Bitcoin and other 'cryptocurrencies.' Trust us, it's a challenge to explain it clearly, too. Here's a primer on what Bitcoin is and how it works.
The economy added an unexpected 288,000 jobs in June, the best employment report for the US in six years. Beyond the eye-catching numbers, there were other reasons for optimism in the June jobs report.
A Polish magazine has been publishing recordings of officials' conversations, apparently recorded in Warsaw restaurants. And it's threatening to topple the government.
Bank of America was ordered by the Consumer Financial Protection Bureau to refund $727 million to consumers who were deceived by the bank's marketing of credit card payment protection programs, along with other fines. This makes Bank of America the fifth major credit card issuer to be fined for such behavior.
Nigeria's recently suspended central bank governor said the disappearance of oil revenues damaged his ability to prop up Nigeria's currency, pointing to oil sector corruption.