Treasury’s Cohen Sees No Widespread Criminal Bitcoin Use

The U.S. government sees no evidence of “widespread” use of virtual currencies such as Bitcoin to evade sanctions or finance terrorism, the Treasury Department’s top official targeting money laundering said.

World powers, Iran to activate landmark nuclear deal after IAEA nod

VIENNA/BRUSSELS: Iran has halted its most sensitive nuclear activity under a ground-breaking deal with world powers, a confidential U.N. atomic agency report reviewed by Reuters on Monday showed, paving the way for the easing of some Western sanctions.

Wall Street braces for barrage of data

NEW YORK (CNNMoney) -- Investors will have a lot to contend with this week: a deluge of earnings and economic reports are due out, including Facebook's (FB) first report as a public company and the first look at U.S. economic growth during the second quarter.

Jobless claims remain elevated

NEW YORK (CNNMoney) -- First-time claims for unemployment benefits remained elevated for the third straight week, the government said Thursday, a sign that a job recovery might be stalling.