What are cryptocurrencies, and how do they work?
CBSN
It was more than a decade ago that bitcoin was launched, introducing with it the digital ledger known as blockchain. The first cryptocurrency ever created, bitcoin is by far the most popular and most valued cryptocurrency to this day. But even with all the relentless buzz surrounding bitcoin, ethereum and other digital coins, cryptocurrencies and the revolutionary blockchain technology on which they're built remain a mystery to most.
Despite the evangelizing by crypto investors, including some celebrities, a 2021 poll by Pew Research Center found that just 16% of Americans said they have ever invested in cryptocurrencies. That broadened to 31% between the ages of 18 and 29 and to 43% of men in that age range, compared with 19% of women in that same age range.
For the many people outside of those percentages, it may be that a healthy skepticism of digital currencies has deterred them from attempting to understand the lingo or the technology.
A village in Sardinia, Italy, called Ollolai, is dangling an offer it says is for politics-weary Americans in search of a reprieve: houses for next to nothing.
President-elect Donald Trump has vowed to start the largest deportation effort in American history — his signature 2024 campaign promise — as soon as he takes office, signaling this week that he would enlist the help of the U.S. military for the massive operation to deport undocumented immigrants.
Washington — The House Ethics committee, meeting to consider the release of a report on its investigation into former Rep. Matt Gaetz, did not reach an agreement on Wednesday afternoon, the committee chairman said.
McDonald's customers may have to go elsewhere for now if they have a yen for frothy caffeinated drinks.
President-elect Donald Trump is expected to name Russ Vought to lead the Office of Management and budget, according to two sources close to the transition.
Washington — Former Republican Rep. Matt Gaetz is meeting with senators on Capitol Hill on Wednesday as he seeks to shore up support for his nomination for attorney general amid calls for the House Ethics Committee to release a report on allegations he engaged in sexual misconduct and illicit drug use.
Thanksgiving dinner ingredients will cost more this year compared with last, even as food inflation cools. Fortunately, there's one simple way to save money without skimping on staple dishes for the food-driven holiday: store brands.
A judge has convicted the man on trial for the killing of Laken Riley, a nursing student in Georgia whose death in February shook the college town where she studied, as well as the country.
No one wants to file for bankruptcy, but if you're heading in that direction, delaying the inevitable may only make things worse.
A 92-year-old man has been charged in the U.K. with the murder and rape of a woman almost six decades ago, British police said Wednesday.
Target is heading into the holiday season with a gloomy outlook, with the retailer reporting its sales and profit fell short of analysts' expectations and lowering its earnings forecast for the current quarter. Its shares tumbled almost 20% in pre-market trading.