History of Black Friday November 21, 2022 – Posted in: Technology

The first recorded use of the term “Black Friday” was applied not to post-Thanksgiving holiday shopping but to the financial crisis: specifically, the crash of the U.S. gold market on September 24, 1869. Two notoriously ruthless Wall Street financiers, Jay Gould and Jim Fisk worked together to buy up the nation’s gold as much as possible, hoping to drive the price sky-high and sell it for astonishing profits. On that Friday in September, the conspiracy…

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