FICRY

Just as record numbers of aimless liberal arts majors are getting duped into applying to expensive journalism schools (a year at Columbia will put you back a cool 60k, which is about 60k more than the average j-school graduate’s salary these days), the world of journalism is crumbling. This is not news to anyone, [...]

In the last year politicians have increasingly pushed for legislation that would limit off-shore banking. Even UK Prime Minister, Gordon Brown, among others has called for curbs on tax havens despite the fact that a great number of the countries that offer such tax incentives, including the Channel Islands, are British dependencies.  Their rhetoric is [...]

“The party is over,” says Peter Schiff, president of Euro Pacific Capita, who warned publicly in 2006 of the sub-prime housing crisis. “We bought too many cars, and now we’re broke.” Writing for Reuters journalist Nick Carey argues that the consequences of the automakers failures are likely to last for years. Already, the crisis has [...]

An investigation authored by the Associated Press has concluded that your personal information is vulnerable and unprotected every time you swipe your credit-card and wait for approval.
Sensitive, financial data, including your name and account number are “ferried” to hacker’s computers while the transactions travels from store to bank on the information superhighway, according to [...]

Production drove the boom. Now that it’s Bust will workers demand their fair share? Reporting from China, Caijin Online correspondent Andy Xie, claims that the financial sector overestimated its worth by more than 100%, and that in light of this realization, the global financial sector will shrink to half its size. This will cause a [...]

In a recent article for the Atlantic, Erik Thompson asks his readers: “Are we in a recession or a mancession?’” In the last two years 80% of all laid off workers have been men and male unemployment in almost every age demographic is at its post-war high. How can we account for this disparity? The [...]

The financial crisis is a global and its consequences extend far beyond Wall Street. Though the tragedy and the struggles in the America and Europe have been both shocking and widespread, impoverished women of the developing world are the hardest hit by the current financial crisis. Ritu Sharma is president and co-founder of Women Thrive, [...]

Time’s coverage of the faltering newspaper industry is easy for them to do. They aren’t facing buyouts and closed newsstands like newspapers have been for the past decade. But in the past two years, the conversation has picked up significantly, and more panicked: How do we keep our newspapers alive?
There are already misconceptions that newspapers [...]

Undergraduates of journalism across the country are finding themselves at a crossroad: Jump head-first into a withering field or attend graduate school. For pro-blogger-turned-student Hunter Walker, he chose the latter. At a nearly $48,000 price tag to attend journalism school at Columbia University (top-notch, by the way), Walker found himself questioning his motive. Is this [...]

As if we needed more proof of the pending fashion world apocalypse (because bargaining on the floor of Saks Fifth Avenue last Christmas wasn’t enough), the self-titled “queen of snark” Maureen Dowd questions the relevancy of one Anna Wintour, Vogue editor-in-chief, deemed The Last Empress in her Sunday column. Dowd uses the new documentary on [...]