Copenhagen's Old Stock Exchange was undergoing renovations when the building caught fire on April 16, 2024.

Fire Devastates Copenhagen's Historic Stock Exchange

Its signature 184-foot spire collapsed, but rescuers salvaged some of the valuable artworks inside

Math historian Glen Van Brummelen came across decimal points in Giovanni Bianchini's manuscript, Tabulae primi mobilis B.

The Decimal Point Is 150 Years Older Than Previously Thought, Medieval Manuscript Reveals

A Venetian merchant used the mathematical symbol while calculating the positions of planets between 1441 and 1450

On September 18, 1873, an investment bank owned by Jay Cooke, who financed the construction of the Northern Pacific Railway, went bankrupt, sparking a multiyear financial crisis.

How One Robber Baron's Gamble on Railroads Brought Down His Bank and Plunged the U.S. Into the First Great Depression

In 1873, greed, speculation and overinvestment in railroads sparked a financial crisis that sank the U.S. into more than five years of misery

This Andy Warhol portrait of Marilyn Monroe, which brought in $195 million, was one of many high-profile sales last year. 

The Art Market Is Rebounding—but Only at the Top

Sales increased in 2022, but growth was concentrated largely at the high end of the market

 Online inflation calculators are only as good as the Consumer Price Index (CPI). “They’re as accurate as we can make them,” says economist Joe Mahon.

What Online Inflation Calculators Can—and Can't—Tell Us About the Past

Most of these tools are based on the Consumer Price Index, a measure of changing prices in the U.S. over time

No images of Licoricia of Winchester survive, so sculptor Ian Rank-Broadley based the statue's features on his daughter and grandson, both of whom are Jewish.

Meet the 'Most Important' Jewish Woman in Medieval England

A new statue honors Licoricia of Winchester, a 13th-century moneylender whose life illuminates the challenges faced by Jews at the time

D.C.'s Newseum Is Closing Its Doors at the End of the Year

The museum dedicated to the history of journalism and the First Amendment has struggled financially since opening 11 years ago

London's 'Eiffel Tower' Is Still Losing Money

Built for the 2012 Olympic Games, the ArcelorMittal Orbit has not turned into the tourist attraction it was expected to become

"Time Banking" Is Catching On In the Digital World

Apps that allow users to pay for services in redeemable credits instead of cash are helping to build communities

A beach in Naples.

For the Third Year in a Row, This City Was Tapped as America’s Happiest

The area’s success may be due, in part, to the fact that it is home to a large number of older Americans

Hjalmar Schacht, former president of the Reichsbank, at a meeting in the Reichsbank transfer commission in 1934.

Germany’s Central Bank Funds Investigation Into Its Nazi Ties

Researchers have already uncovered a damning letter from one of the bank's former presidents

Canada's New Two-Dollar Coins Glow in the Dark

The two-dollar coins celebrate the nation's 150th anniversary and include a scene with Northern Lights that really glow


How Alexander Hamilton Tackled the National Debt

Facing $80 million in debt as Secretary of the Treasury, Alexander Hamilton got creative

An original Western Union stock ticker from the Oakland Museum of California.

The Physical Stock Ticker Is a Relic, But Its Influence Reverberates Loudly Today

On this day 149 years ago, the first digital transmitter debuted

Will AI Revolutionize Wall Street?

A handful of new hedge funds promise to beat human traders by using artificial intelligence

Ooh, shiny.

The Government Just Won a Long Legal Battle Over Rare Coins

The enigmatic Double Eagles are anything but trinkets

Would-be assassin Frank Holt, also known as Erich Muenter

The Harvard Professor Who Shot a Financial Titan and Fomented Anti-German Sentiment in a Pre-WWI America

Readers on July 4, 1915 learned the story of a would-be assassin who said he was trying to keep the U.S. out of the European conflict

What Brexit Would Mean for U.K.'s Arts, Sciences and Other Sectors

Exiting the European Union could have far ranging consequences for industries throughout the United Kingdom

Richard Dreyfuss on Being Bernie Madoff

The versatile actor opens up about playing the banker in a new television miniseries and his close encounters with sharks and space aliens

Artist Sidney Mobell created this gold and jewel-encrusted Monopoly set in 1988. Following strict guidelines put forth from Parker Brothers, the game's manufacturer, he used 24-karat gold and 165 precious stones to create the set, which is valued at about $2 million.

From Teeth to Toilets, This Dazzling Exhibit of Gold Artifacts Has the Midas Touch

An exhibit at New York City's Museum of American Finance tracks the allure of gold through the centuries

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