Daily Content Archive
(as of Tuesday, September 5, 2017)Word of the Day | |||||||
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pestilential
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Article of the Day | |
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![]() Naked Short SellingIn finance, short selling is a way to profit from the decline in the price of a security by borrowing shares, selling them, buying them back at a lower price, and keeping the difference. The controversial process of naked short selling involves the same steps—except the investor does not first borrow the shares or even determine whether the shares can be borrowed. Critics of the practice say it can be used to manipulate and drive down a stock's price. Is naked short selling legal? More... |
This Day in History | |
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![]() Treaty of Portsmouth Ends Russo-Japanese War (1905)The Russo-Japanese War—fought over territorial claims in East Asia—was a costly endeavor both monetarily and in terms of lives lost, and both sides soon realized the need for peace. With US President Theodore Roosevelt acting as a mediator, Russian and Japanese representatives met at a US naval base near Portsmouth, New Hampshire. The resulting treaty marked the temporary decline of Russian power in East Asia and the emergence of Japan as a regional power. What territory did both agree to cede? More... |
Today's Birthday | |
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![]() Arthur Koestler (1905)Born in Hungary, Koestler was an influential Communist journalist in Berlin in the 1930s. He was captured by fascist forces while on assignment during the Spanish Civil War and was later held in a concentration camp after the German invasion of France. In 1940, inspired by his break with Communism, he published his most important novel, Darkness at Noon, an examination of the moral dangers of totalitarianism. How did the terminally ill Koestler show his support for voluntary euthanasia? More... |
Quotation of the Day | |
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![]() Miguel de Cervantes (1547-1616) |
Today's Holiday | |
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![]() Prudence Crandall Day (2020)The official celebration of Prudence Crandall Day in Canterbury, Connecticut, only dates back to 1987, but Crandall herself has been recognized for some time as a pioneer in the education of young African-American girls. Prudence Crandall Day events include craft demonstrations from the 1830s, period children's games, and at least one activity directly relating to Crandall herself. Most of the festival events are held at the Prudence Crandall Museum, located in the house where Crandall lived and taught. More... |