Money

In January 1923, a dollar cost 17,000 marks. In December, the exchange rate topped out at 4.2 trillion marks to the dollar.

How Hyperinflation Heralded the Fall of German Democracy

In 1923, the collapse of the Weimar Republic's economy impoverished millions and gave Adolf Hitler his first chance at seizing power

Defendants sit next to their lawyers at the Higher Regional Court in Dresden on January 10, 2023.

Five Men Convicted in $100 Million Jewel Heist That Rocked Germany

The thieves who robbed Dresden's Green Vault in 2019 are members of the Remmo crime family

Experts at Freeman’s, a Philadelphia auction house, say that the windows were crafted by Tiffany Studios around 1904.

Cool Finds

Bought for $6,000, Grime-Covered Windows Are Actually Tiffany—and Worth Up to $250,000 Each

When a Philadelphia church sold its stained glass windows to a collector, nobody knew how valuable they were

Americans will have a few extra days to file their taxes this year.

Why Is Tax Day in April?

These are the reasons behind the timing of many Americans' least favorite holiday

In Dubai, license plates with fewer characters are typically the most expensive.

This License Plate Just Became the Most Expensive in the World

The vanity plate, which features the characters “P7,” sold for $15 million at an auction in Dubai

Despite making up roughly 14 percent of Cape Town's population, the wealthiest residents used 51 percent of the city's water—often for non-essential uses like swimming pools, gardens and car-washing.

Wealthy Residents' Pools and Gardens Are Driving Water Crises

Urban elites use a disproportionate share of water compared to their lower-income peers, according to a new study

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

The coin was one of 29 antiquities returned to Greece

Rare Gold Coin Celebrating Julius Caesar's Death Returned to Greece

Minted in 42 B.C.E., the looted coin broke auction records in 2020 when it sold for $4.2 million

Metallica band members Robert Trujillo, James Hetfield, Lars Ulrich and Kirk Hammett performing in Los Angeles last year

Metallica Just Bought Its Own Vinyl Record Factory

As demand spikes, the heavy metal band has purchased Furnace Record Pressing in Virginia

Since the pandemic began, the country has implemented strict zero-Covid poicies.

China Fully Reopens to Travelers After Three Years of Closures

Hoping to boost its tourism industry, the country is now issuing all types of visas

The aurora borealis, or Northern Lights, over a lake in eastern central Finland

You Can Apply for Free 'Masterclass of Happiness' in Finland

For the fifth year in a row, Finland ranked as the happiest nation in the world

Vinyl record sales have growing for the past 15 years.

Vinyl Records Outsell CDs for First Time Since 1987

Music lovers in the United States bought 41 million vinyl albums and 33 million CDs in 2022

Dream America (2015) by Violette Bule, a conceptual artist who worked in the service industry

How Artists' Day Jobs Shape Their Craft

A new exhibition examines the generative relationship between work and creativity

Harley-Davidson made just 450 motorcycles in 1908.

Rare 1908 Harley-Davidson Becomes Most Expensive Motorcycle Sold at Auction

The restored bike, which a collector discovered in a Wisconsin barn, still has many of its original parts

Michel Bernardaud and artist Jeff Koons with one of the editions of "Balloon Dog (Blue)"

Visitor Accidentally Shatters $42,000 Jeff Koons Sculpture at Art Fair

Collectors are now interested in buying the pieces of "Balloon Dog (Blue)"

Aerial view of Apple's California headquarters

How California Took Over the World

A sweeping book offers a provocative new history arguing that today's inequality can be traced back to the state's founding

AMC's announcement comes amid ongoing concerns about movie theaters' financial future.

AMC Theaters Will Start Charging Based on Where You Sit

Coveted spots in the middle of the theater will cost more than front-row seats

Two of the gemstones discovered at a Roman bathhouse in Carlisle, England

Cool Finds

Archaeologists Find 2,000-Year-Old Gemstones in Drain Beneath a Roman Bathhouse

The stones, known as intaglios, likely fell from the rings of wealthy bathers

L to R: Andrew Carnegie, Elizabeth I, Henry VIII and Henry Ford

The Tudor Roots of Modern Billionaires' Philanthropy

The debate over how to manage the wealthy's fortunes after their deaths traces its roots to Henry VIII and Elizabeth I

Police in Boulder and Lakewood found all five pieces of stolen artwork in a hotel room.

Police Recover $400,000 Worth of Stolen Artwork in Colorado

The suspect allegedly broke into a locked truck that was transporting five high-end pieces across the country

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