This single-paged document started the New York Stock Exchange 225 years ago

On May 17, 1792, 24 brokers met under a buttonwood tree on Wall Street to sign an agreement to set a commission rate charged to clients and require the signers to give preference to each other in securities sales, which were mostly Revolutionary War bonds and stock...

Household debt just surpassed the record level reached during the 2008 financial crisis

The New York Federal Reserve reports that household debt across the nation has hit a dubious milestone in the first quarter: it surpassed the peak debt level of 2008 at $12.7 trillion.Household debt — including mortgages, auto and students and credit cards...