FINANCE

Making Money: Currency in the Confederate States

When the Civil War began, the Confederacy quickly found itself facing a pressing issue: fighting a protracted war is really, really expensive.

Currency denominations don't cap out at $100.

A $500 or $10,000 Bill? The Story Behind Large-Denomination Currency

It's every pizza delivery driver's worst nightmare. Once upon a time, you could have paid for your food order with a nice, fresh $10,000 bill.

How Billionaire Sports Owners Made Their Fortunes

Owning a professional sports franchise is my dream job. (I'm willing to relocate.) Of course, I could never afford my own team. There's a better chance I'll miraculously develop an unhittable slider, or learn to punt. You obviously must be exceedingly we

6 Unusual Things Owned by Newspapers

The Tribune Company has been in the news lately as it works towards selling off one of its prized assets, the Chicago Cubs. The company, which owns the Chicago Tribune, the Los Angeles Times and a slew of other papers, filed for Chapter 11 bankruptcy pro

6 Notable Goldman Sachs Alums (Who Made Their Mark Elsewhere)

When Goldman Sachs received Fed approval to become a bank holding company, it ended the stalwart firm's run as an investment bank and foretold a new corporate direction. While a staggering amount of money has passed through Goldman's hands since its foun

Getting to Know the FDIC

You may have heard that the banking industry isn't looking so hot right now. If your bank goes under, just how much do you stand to lose personally, though? You probably know that the Federal Deposit Insurance Corporation protects your money, but how mu

Money for (Practically) Nothing: 4 Very Big Paychecks for Very Little Work

Work hard, get promoted, succeed in your new post, and eventually you'll start earning the big money. This progression seems like a firmly ingrained part of the American Dream, and it's certainly worked for a lot of people. However, these steps aren't

Mutual Funds to Match Your Lifestyle

Are you looking to invest in a mutual fund? Are you worried that the portfolio of stocks and bonds selected by the fund managers won't accurately reflect your core beliefs? Fear not; if you dig hard enough, you can probably turn up a niche fund that mee

3 Bubbles That Burst

Like many young people, I'm gradually coming to terms with the sad fact that I won't be able to retire at 25 with the fabulous wealth I accumulated through shrewd sports card speculation in the late 80s and early 90s. While it's disappointing to learn th