Soviet Union

Leap Day Money: 6 Fun Financial Facts From Feb. 29

Leap Day is essentially an astronomical cheat used to keep the Gregorian calendar synced up with the Earth's orbit. Yet while it's only a quarter as common as the other days of the year, it has had its fair share of financially significant events.

Wrecks to Riches: Hunting Billions in Sunken Treasure

In the Mediterranean waters near Giglio, treasure hunters are preparing to dive after the lost loot of the Costa Concordia. But the riches that went down with that cruise ship pale next to what one wreck hunter thinks he's found off the coast of Massachusetts: $3 billion in platinum.

Would You Spend $57,400 for a Cell Phone?

Russian billionaires are getting so rich that not even ordinary cell phones will do anymore. Danish company Aesir has created an 18-carat, limited edition cell phone that will retail for more than $57,000. The target buyer? Moscow's fashionistas and monied elite.