NEW YORK - Happy 5th birthday, bull market. The bull run is not the longest or strongest in history, but it has survived the US government's near default, Europe's debt crisis, and Syria's war.
The yuan's 12.8 percent gain in the last five years prompted Chinese developers to issue $60.9 billion of bonds denominated in the greenback or in Hong Kong dollars.
William A. Ackman has made a $1 billion bet on Herbalife's collapse, and lobbied aggressively for it. Credit Scott Eells/Bloomberg, via Getty Images.
Russian gas giant Gazprom's recently built Adler thermal power plant in the Russian Black Sea resort of Sochi. AFP/Getty Images.
A Brooklyn station operated by the Metropolitan Transportation Authority, whose overall ridership rose 3.6 percent last year. Credit Michael Kirby Smith for The New York Times.