Why do we call it Black Friday? ...Middle East

The Hill - News

(NEXSTAR) - Many know the day after Thanksgiving is referred to as "Black Friday," but why? While some social media posts attribute the day's roots as dating back to the practice of selling off slaves the day after Thanksgiving, the Associated Press says that isn't the case. Instead, the term "Black Friday" is first linked to a financial crash in the late 1880s. Two investors, Jay Gould and Jim Fisk, drove up the price of gold, which lead to a market crash on Friday, September 24, 1869, according to Business Insider. The stock market dropped, foreign trade was put on hold, and farmers took a hit. The day was then dubbed "Black Friday." It wasn't until the 1960s when large cr

Hence then, the article about why do we call it black friday was published today ( Friday 25/11/2022 - 05:17 PM ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Why do we call it Black Friday? )

Last updated : 25 Nov 2022 clock 05:17 PM

Also on site :

Why do we call it Black Friday? ...Middle East

Africa Cup of Nations: The Final

Tories ‘fighting for survival’ as 11 MPs on defection watch to Farage’s Reform

Kremlin welcomes European U-turn on talks with Russia

DHS Takes a Fake News Bulldozer to Jessica Tarlov's Claim ICE Officers Don't Get 'Real Training'

West Midlands police boss ‘due to retire’ amid Maccabi fan ban fallout

The Opener: Tucker, Roster Moves, Fan Events

Map Shows USS Abraham Lincoln’s Path Towards Iran as Protests Continue

Nordstrom Rack Has a Warm and Stylish Hunter Beanie on Sale for Just $20 in 4 Staple Colors

Wegmans expands recalls of Locatelli Grated Pecorino Romano cheese due to contamination

Varonis Systems, Inc. (VRNS) Hit with Securities Class Action Amid Renewal and ARR Concerns That Drove Shares Down 48% - Hagens Berman

Berlinale Special Gala Title ‘Heysel 85’ Boarded by Salaud Morisset (EXCLUSIVE)

No reasonable precautions could have prevented Glencoe deaths, sheriff concludes

Early Addition: Stand down, it's not Whiskey Friday after all

How the White House and governors want to fix AI-driven power shortages and price spikes

Jimmy Kimmel trolls Trump after taking Nobel Peace Prize medal from the actual winner: ‘It’s like a pacifier’