great depression

Herbert Hoover’s great-granddaughter wants Democrats to 'just bury the 90-year-old talking point'

Herbert Hoover's great-granddaughter is fed up with the former president's name being used as political cannon fodder, telling Democrats to "just bury the 90-year-old talking point." Political pundit Margaret Hoover,...

Great Depression-era $10,000 banknote sells for $480K

“The $10,000 trails only the $100,000 gold certificate issued in 1934, and of the 18 examples graded by PMG, this example is tied for the highest-graded.

Rare Great Depression-era $10,000 bill sells for $480K — but who's on it?

A rare Great Depression-era $10,000 bill was sold at an auction last week for a record $480,000.

Biden is spending to stave off a recession — until after the election

The Nobel Prize-winning economist Robert Solow said in the 1980s, “You can see the computer age everywhere but in the productivity statistics.” The same could be said of American economic...

The summer nail art trend to rock, according to your zodiac sign

The first recorded use of nail polish can be traced to China around 3,000 BC when noblewomen tinted their nails with a combination of egg whites, beeswax, gelatin and the...

Brace for 1930s-style economic disorder — especially if interest rates keep climbing

There is every reason to think monetary-policy overkill would not be a good idea today as well.

How HBO gave a sexy modern update to 'Perry Mason'

Matthew Rhys as Perry Mason, one of pop culture's most ubiquitous characters to swagger in suits, is rougher, edgier and sexier in the new HBO show.

White House official's unemployment prediction purposefully missed the mark

Everybody must have done this when they were a kid. You are doing poorly in a class, so you warn your parents that you are doing even worse than you...

Coronavirus may lead to worst global recession since Great Depression

The coronavirus pandemic will plunge the global economy into its worst recession since the Great Depression, the International Monetary Fund predicted Tuesday. The fund expects the world economy to contract...

Next crash will be 'worse than the Great Depression': experts

Ten years ago, it was too-easy credit that brought financial markets to their knees. Today, it could be a global debt of $247 trillion that causes the next crash. After...

Can the feds, Wall Street prevent another market plunge?

Dear John: I have read numerous columns you have written about how the plunge protection team stops sharp price drops by buying certain futures contracts, which forces the purchase of...

Millennials have a Great Depression mentality

Twenty years ago, as a Money magazine staff writer, I had the idea to write a money book aimed at my peers in their 20s and 30s. My mom came...

What 1930s purse junk tells us about women today

How much have women changed in 80 years? A lot. And in some ways not much at all. The recent discovery in a Chicago theater of a 1930s clutch purse...

What today’s cooks on a budget can learn from tenement life

Hard times call for resourceful cooks. And times were scarcely harder than during the Panic of 1873 and the first Great Depression, particularly for those eking out a new life...

The stock market is looking a lot like 1929

This is the most dangerous and overvalued stock market on record — worse than 2007, worse than 2000, even worse than 1929. Or so warns Wall Street soothsayer John Hussman...

These farm girls became basketball stars of the Great Depression

They were farm girls — sturdy sharecroppers’ daughters — and they were obsessed with basketball. In spare minutes between feeding chickens and working the shriveling cotton fields, they’d practice barefoot...

Let's rethink immigration in the holiday spirit

My Uncle Frank once told me that I should be very grateful that my grandparents — his mother and father — decided to leave their backward little towns in Italy...

Yogi Berra's rise from sandlot baseball player to American Icon

Venerable, lovable, quotable Yogi Berra rose to baseball greatness from the humblest of beginnings. He was born Lawrence Peter Berra in St. Louis in 1925, and grew up with three...

Woman receives diploma 82 years after leaving school

ANDERSON, Ind. — An Indiana woman who will turn 100 years old later this month has received her high school diploma more than eight decades after she originally was supposed...