As concerns of widespread job elimination from the rise of artificial intelligence accelerate, the 'lump of labor fallacy' argues that there's not a finite amount of work in an economy and that technology doesn't eliminate tasks, but rather changes the tasks a worker does.

Novo Nordisk, the Danish company behind the breakthrough GLP-1 treatment 'Ozempic,' operates under a 'foundation ownership model'—meaning that the majority of the company's voting power is held by a foundation, while the majority of the equity is owned by public investors.

Watch Dr. Laurence Peter explain his 'Peter Principle,' which states that people are promoted to their level of incompetence and explains why bosses aren't always good at their jobs.

Futures contracts—which are agreements to buy or sell a standardized asset at a specific future time—are the primary way commodities are bought and sold.

Visa Founder Dee Hock abruptly left the credit card company in 1984, saying his inner voice told him that business, power, and money are not what life is about.

A stock index is a group of companies clustered together, often providing a condensed snapshot of a market segment.

See how the S&P 500 performed throughout the first 100 days of each modern presidency.

Millions of Americans will be invested in SpaceX because of the fast-tracked process to list SpaceX on the NASDAQ 100, and, subsequently, the index funds that track it.

Construction of small, affordable starter homes has decreased 75% since the 1970s.

Roughly 90% of generational wealth dries up by the third generation, epitomized by the phrase 'shirtsleeves to shirtsleeves in three generations.'

See the value of currency in circulation in billions of dollars as of December 31 of each year.

On average, CEOs at top US companies make 281 times as much as the average worker—partly due to valuable stock options that are frequently included in executive compensation packets.

The IRS—a division of the US Treasury Department that enforces the Internal Revenue Code, collects taxes, and enforces tax laws—has been a frequent victim of arson over the years.

See an original Coca-Cola coupon—one of the earliest surviving coupons used in America—that helped popularize the soda brand in its early days.

The private credit industry—which offers nonbank loans directly to businesses, particularly privately held midmarket companies—grew from a $250B asset class in 2010 to around $1.5T in early 2024.

The business mastermind behind Veuve Clicquot Champagne was an 1800s French widow.

Only half of American workers have retirement accounts, like 401(k) plans, at their current jobs.

A live bald eagle named Peter once lived at the Philadelphia Mint, the place responsible for producing circulating US coins.

Some experts and investors think short selling—a strategy in which investors bet that a stock will drop in value—helps keep the market healthy.

Scents, when they are truly unique and identifiable to a particular brand, can be trademarked.

See the value of currency in circulation in billions of dollars as of December 31 of each year.

No institution wields more power in US finance than the Federal Reserve, the central bank of the US—but opinion polls indicate that most Americans don't know what it does.

Elon Musk once tried to make himself CEO of artificial intelligence behemoth and ChatGPT creator OpenAI (paywall may apply).

The highest inflation ever recorded in US history was estimated at 30% in 1778, just after the Revolutionary War.

Dating app Bumble Founder Whitney Wolfe Herd is considered the youngest self-made female billionaire.

Jeff Bezos came from humble beginnings and spent much of his childhood on a cattle ranch, where his grandfather made his own needles for the cattle by hand.

Bond yields are the returns investors earn from a bond's interest—and they're a key economic barometer.

The Federal Reserve Act's foundation was laid in a secretive meeting disguised as a duck hunt at the world's most prestigious club, the exclusive Jekyll Island Club in Georgia.

Amazon's largest profit engine is its cloud-computing platform Amazon Web Services, which generated over 60% of Amazon's total operating income in 2024.

The drink that became Coca-Cola was originally called 'Pemberton's French Wine Coca.'

The US jobs projected to shrink the fastest over the next decade include typists and word processors.

More than half of today's family offices—the private companies that help ultra-wealthy individuals manage their fortunes—were incorporated after 2010.

The rare, so-called 'assumable' mortgage is landing homebuyers a 3% rate.

The history of Anthropic began with a break from OpenAI over safety concerns.

Prediction markets and sports betting are not forms of investing, despite how some fans portray them.

John D. Rockefeller—the world's first billionaire—was born to a well-known con artist father.

Digital coupon platform Groupon IPO'd in 2011 at a $17.8B market cap, but as of 2024 was worth just $103M—a 99.4% decrease.

College sticker prices can be misleading, as most students don't actually pay the advertised price due to financial aid.

Companies go public via an initial public offering (IPO) to raise large amounts of capital, helping them expand, invest in new ventures, hire more staff, or pay off debts.

See how the level of public trust in the Federal Reserve Chair has changed over time, from Alan Greenspan's 74% trust level to Janet Yellen's 38%.

Read a timeline of all of Elon Musk's business ventures, from the software company Zip2 in the 1990s to Musk's Twitter acquisition.

OpenAI initially focused on novelty projects, like training AI bots to win video games, before becoming known for its AI chatbot ChatGPT.

A report found that the 2026 Iran war is the largest oil supply disruption in history.

Until late 2024, the company that makes McDonald's ice cream machines held an elusive repair monopoly on them, the culprit behind the frequent outages that fueled widespread social media discourse.

Former LuLaRoe vendors have accused the clothing multilevel marketing company of operating a pyramid scheme, resulting in more than 50 lawsuits and a $4.75M settlement.

Visualize the world's top 50 private equity firms in 2025 by capital raised.

Explore the 2025 Uber Lost & Found Index to find out the weirdest items that passengers left behind in Ubers last year, from ten live lobsters to a mannequin head with human hair.

Charlie Munger was Warren Buffett's right-hand man, serving as vice-chair at Berkshire Hathaway until his death in 2023.

The average salary for Harvard MBA grads within 3 months of graduating is $193,837.

Learn about what causes economic bubbles, including how forces like cheap credit, soaring optimism, and feedback loops push asset prices far beyond fundamentals—until a single shock triggers panic, selling, and a rapid collapse.