New York City

Istanbul drops 12 places in global financial centers index

In a leading index of global financial centers, Istanbul has fallen 12 places to 78th, despite a rise in its rating, among 92 centers across the globe on factors such as infrastructure and access to high quality staff.

Istanbul's overall average rating is 617 in the 22nd Z/Yen global financial centers index (GFCI), up from 609 in the previous index. 

Metropolitan Museum works to rebound from money woes

The Metropolitan Museum of Art, a behemoth of culture and wealth, is rebounding from more than a year of internal turmoil and financial problems.

As part of its recovery efforts, the museum is considering a mandatory admissions fee for visitors from outside New York state. The set fee, possibly $25 for adults, would be the first in the venerable museum's 147-year history.

Pages