"The Scream," painted by Edvard Munch in 1895, sold at a record price of $119.9 million on May 2. A few belated thoughts on the economics of art in the wake of the $120 million price fetched by Edvard…

Photo by Kick Images via Getty Images. Readers of this page regularly ask about Treasury Inflation-Protected Securities (see note below), which I've long said are my own preferred investment vehicle. Do TIPS still make up more than half the…

Photo by Subactive_Photo via Flickr Creative Commons Paul Solman answers questions from the NewsHour audience on business and economic news here on his Making Sen$e page. Here is Tuesday's query: Name: JJ Question: What's with the inequitable treatment…

Photo by Flickr user borman818 Paul Solman answers questions from the NewsHour audience on business and economic news here on his Making Sen$e page. Here is Thursday's query: Name: Ed Question: Exactly how much is $1 worth today?…

Wells Fargo & Co., the largest U.S. home lender, reported a 13 percent rise in its first-quarter profit in April, setting a record as the bank made more money on new mortgages and curbed losses from old ones. Photo…

An attendant displays a fuel pump at a gas station in the Brooklyn borough of New York. Photo by Victor J. Blue/Bloomberg via Getty Images Paul Solman answers questions from the NewsHour audience on business and economic news here…

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