In 1711, the New York City Common Council decided that the city’s slave market would operate on Wall Street

The history of Wall Street as a financial center dates back to the 1700s

Wall Street’s history as a financial center started with the establishment of two institutions: the New York Stock Exchange and New York City’s first official slave market.

The New York Stock Exchange was started in 1792

When it first opened, traders would meet both outside on the street and in coffee shops to do business. Today, the NYSE is known as one of the most important financial institutions in the world.

Mapping early New York

Want to see how Wall Street (and New York City as a whole) has changed over time? Use this timeline and map to see Manhattan today overlaid with the precise boundaries of early land grants to the Dutch in the 1600s. Scroll through the progress of city building through the first century of European settlement there.

The Erie Canal transformed New York City into America’s banking capital

By redirecting western trade through New York Harbor, the canal turned New York into the nation’s commercial hub. This surge in commerce shifted financial power from Philadelphia to Wall Street, establishing the city as America’s banking capital.

The New York Stock Exchange wouldn't have been made if not for municipal bond sales

The Funding Act of 1790 nationalized and consolidated the debt held by the 13 colonies to be sold off in the form of bonds.

After the 9/11 terrorist attacks in New York City’s Financial District in 2001, many banks decided to relocate

Much has been said about why today’s top banks are typically no longer headquartered on Wall Street itself. The terrorist attacks in New York City’s Financial District on Sept. 11, 2001, are one reason many banks decided to relocate.

Before modern sanitation, New York City let pigs roam the streets to eat its garbage

In the early 1820s, an estimated 20,000 hogs roamed Manhattan's streets, feeding on trash that the city lacked a system to collect. Pigs were eventually banned at the urging of wealthy residents, who feared they would deter tourists and drive down property values.

The history behind the country's first Black-owned bookstore

In 1834, the first Black-owned book store was opened in New York City by abolitionist David Ruggles. Ruggles founded an antislavery newspaper and was an organizer for what eventually became the Underground Railroad. His bookstore was dedicated to abolitionist literature but was also a meeting place and lending library for Black people, including those who had escaped slavery.

New York was a hotbed of early revolutionary activity

In the decade before independence, New York City saw Stamp Act riots, liberty pole confrontations, the 1770 Battle of Golden Hill, and defiance of the Quartering Act, and organized efforts to block and destroy taxed British tea.

The Times Square New Year's celebration originated as a party for The New York Times

The paper moved to the area, originally called Longacre Square, in 1904 and lobbied the city to rename it after the publication. The paper’s publisher, Alfred Ochs, threw a massive all-day party on New Year’s Eve to celebrate the opening of the paper’s headquarters, establishing the location as a destination for the holiday.

The State of the Union address was first delivered in New York City

The first address took place in New York City in 1790, when President George Washington addressed Congress at Federal Hall—the nation's capital under the Articles of Confederation and the seat of the federal government during the Constitution's first year.

Mapping the known ports involved in the trans-Atlantic slave trade

Based on historical logs, this interactive maps shows info from various ports of departure and arrival during the height of the trans-Atlantic slave trade.

Whitman's view on slavery was informed by a trip to New Orleans

In 1848, Walt Whitman traveled with his brother to New Orleans to pursue a job opportunity at the Daily Crescent newspaper. While there, he witnessed firsthand the horrors of the slave trade, an experience that would inform the political and artistic projects that followed.

The South built its wealth largely from slave labor

Before the Civil War, the Southern economy relied on roughly 4 million enslaved people producing cash crops such as cotton, rice, and sugarcane. Their forced labor generated immense profits—the South produced 75% of the world's cotton by 1860.

New Orleans' Congo Square birthed what would become jazz

The city's enslaved people congregated in the city square on Sundays, bringing together the musical traditions of their disparate cultures through drum circles, communal dancing, and call-and-response singing. The rhythmic style that evolved in the area would eventually give rise to ragtime and, subsequently, jazz.

250 years of world trade history

Adam Smith’s revolutionary ideas about free trade were often ignored throughout American history to protect domestic industry—until World War II caused a shift in sentiment about global trade.

1970s New York was viewed by many as a city in decline

By 1975, the city owed $5B to $6B in short-term debt; over a million manufacturing jobs had left the city since the end of World War II. Meanwhile, the murder rate was more than double than 10 years earlier. Graffiti was seen as illegal vandalism perpetrated by unsupervised teenagers and was viewed by some as emblematic of the larger societal decline.

The Great Migration helped transform Harlem into the epicenter of Black culture

Starting in 1910, millions of Black Americans moved from the South to escape segregation, violence, and dismal work opportunities. They moved to urban areas in the North, Midwest, and West. Chief among them was Manhattan's Harlem neighborhood, which became an especially desirable location for Black people around 1910.

Credit reporting's earliest origins in the 1700s resemble a game of telephone, with rural merchants asking their most esteemed neighbors to vouch for them to sleuthing urban lenders

It would be decades before the system evolved into something more formulaic. For instance, New York City's Mercantile Agency—which was created to formalize information and rumors about borrowers, sorting the reports into enormous ledgers—wasn't started until 1841.

Get to know the five families that ran the NYC mafia

In the 1900s, there were five families in New York City who dominated the crime scene. These five families organized expansive criminal operations—ranging from prostitution and price extortion to money laundering—and have inspired stories like "The Godfather."

Dry goods stores sold products such as textiles and linens

RH Macy started Macy’s as a dry goods store in 1858. At the time, the store was located on New York City’s 14th Street. Dry goods stores later rebranded themselves for the future of retail around the 1930s.

The American colonies recognized New Year’s Eve in March until 1752

England followed the Julian calendar, established by Julius Caesar, which had an inaccurate method of calculating leap years. Because of that, New Year’s Day eventually slipped into the spring and was linked with the Christian festival of the Annunciation, which was on March 25. That date carried over to the American colonies, which didn’t change the first day of the new year until 1752, after England adopted the newer Gregorian calendar.

Why the employment report matters to Wall Street

On the first Friday of every month, the US Bureau of Labor Statistics releases the infamous "jobs report." The report essentially tracks how US employment is doing, from the unemployment rate to the number of people in the US currently on payroll. But most importantly, the jobs report has major implications for the economy at large. To find out how this monthly report impacts Wall Street, read this article.

There's a grading room on the eighth floor of the New York Stock Exchange where experts loudly slurp coffee and then spit it out to test its quality

Since many agricultural commodities are traded through futures, testers ensure that the physical product that reaches the market accurately reflects the price. Coffee graders at the NYSE have to pass a four-day-long exam that's only offered every five years and has a less than 10% pass rate.

William Marbury was a wealthy Federalist insider

Marbury was a prosperous Georgetown businessman, bank director, and slaveholder with close ties to the Federalists. His appointment as a justice of the peace, which was never delivered, sparked the Marbury v. Madison case.

After the Boston Tea Party, colonists switched to coffee, which became the main morning drink for revolutionaries.

The American cockroach is actually from Africa, an apparent hitchhiker aboard ships carrying enslaved people, with evidence suggesting the bug may have arrived in the New World as early as the 1600s.

The US dollar is the most widely circulated currency in the world, and is involved in nearly 90% of global transactions

The idea for the Federal Reserve was conceived in secret in 1910—with bankers donning duck hunt gear for disguise while traveling to a remote country club on Georgia's Jekyll Island

Watch a 1934 short film starring jazz legend Cab Calloway, a major figure in the Harlem Renaissance's music scene

The rivalry between Alexander Hamilton and Thomas Jefferson centered on federalism—the question of how much power the federal government should hold relative to the states.

The most expensive ad of all time was for Chanel No. 5 perfume and cost roughly $33M to produce in 2004—about $57M in today's dollars.

Graffiti dates back to at least ancient Pompeii, where citizens scrawled messages to one another on public walls

At the beginning of the 20th century, a group of young men ate standard American food—replete with food additives like borax and formaldehyde—as part of government research to better understand food safety.

Volcanic activity may have triggered the Black Death by spewing gases that led to crop failures in Europe, thus forcing the import of grain ships with plague-infested fleas.

For centuries, it was common to sleep in two shifts: a few hours at the beginning of the night, and a longer period beginning around midnight

Sears sold DIY house kits starting at $600 in its famous catalog from 1908 through the 1940s, resulting in roughly 10,000 'Sears and Roebuck houses' being built.

Abraham Lincoln was almost assassinated weeks before his inauguration as he traveled from Illinois to DC through Baltimore in 1861; it took two independent claims for Lincoln to be convinced the threat was real

'Saturday Night Fever,' the 1977 film that introduced disco to the mainstream, was based on a fabricated magazine story.

Hedge funds, the private investment firms that trade a wide swath of financial assets, make money by imposing steep fees on investors and from the fund's investment performance.

See a 3D reconstruction of Tenochtitlan, the Aztec capital that was home to an estimated population of 200,000 to 400,000.

Long before Major League Baseball began allowing instant replay for balls and strikes, an umpire reluctantly used the technology to determine whether a hit was a home run, a move that inadvertently ushered in a new era for the sport.

Despite being favored by 87% of Americans, Congress does not have term limits.

Visualize the path of every solar eclipse from 1900 to 2099 and see what each looks like when observed from different locations on Earth.

'Grand Canyon of the Yellowstone,' a work by American painter Thomas Moran, inspired Congress to establish Yellowstone National Park.

Louisiana's 'Cancer Alley' is infamous for having some of the highest industrial pollution, toxic air emissions, and cancer risks in the US.

See how Ebola tore through Guinea, Sierra Leone, and Liberia in 2014-2016.

In 2025, four executives from large tech companies were given positions in the US Army Reserves—including Palantir Chief Technology Officer Shyam Sankar, which reinforced Palantir's ties with the US military and its role as a leading defense partner.

The term 'algorithm' originated from the Latinized name of al-Khwārizmī, a 9th-century mathematician whose works introduced Arabic numerals and the decimal-based numeral system to Europe and whose treatise 'Al-Jabr' gave algebra its name.

The first steps to rebuilding your credit score include getting to know exactly what's on your credit report and figuring out how far you are from the '700 club,' or 'good score' range.