Posts tagged "economy"

Watch This Series On The Reality Of Gay Conversion Therapy

VICE has finished up its three-part series on gay conversion therapy. [VICE] Erskine College in South Carolina has issued a statement that it is officially anti-gay, after two volleyball players came out at the college. [RawStory] The U.S. Department of Education has found the New York Public Schools in violation of Title IX…
By: Rebecca Vipond Brink / February 27, 2015

Study: No, That Art Degree Does NOT Mean You’ll Be Poor Forever

With the economy in such a dismal state, mocking people with art degrees has practically become a national pastime. After all, it gives everyone else a way to feel smug as they melt into financial ruin at the ripe age of 23. "Sure, things are shitty," they muse. "It's true that I have to move…
By: Claire Hannum / November 18, 2013

President Obama Nominates Janet Yellen As First-Ever Woman To Run The Federal Reserve

President Obama announced today he has nominated Janet Yellen as chairman of the Federal Reserve. She currently serves as vice chair of the Fed and is a professor at University of California, Berkeley. If confirmed by the Senate, Yellen would be the…
By: Jessica Wakeman / October 9, 2013

Obama To Name Janet Yellen As Chairman Of The Federal Reserve: Sources

Federal Reserve Vice Chairman Janet Yellen will almost certainly be nominated by President Obama to lead the Fed, according to sources of the Washington Post. [Washington Post] Oklahoma Governor Mary Fallin has thumbed her nose at the Pentagon's instructions and has blocked military benefits for same-sex couples from being processed in the…
By: Jessica Wakeman / September 18, 2013

Paul Ryan: 12 Things To Know About Mitt Romney’s VP Pick

Happy Saturday, folks! Did you hear? Mitt Romney has announced his running mate for the presidential election -- Congressman Paul Ryan (R-WI). Let's get to know him, shall we?
By: Amelia McDonell-Parry / August 11, 2012

More Men Are Moving Into “Pink Collar” Professions

Once upon a time, a male kindergarten teacher or a male nurse was an oddity, even a novelty. But changing gender roles — and a turned-on-its-head economy — mean that more men than ever are working in what were previously considered to be "pink collar" jobs. In an article about the trend today, The New…
By: Jessica Wakeman / May 22, 2012

The Millennial Generation Is Spending More Money Than Ever On Luxury Goods

We're broke, we're unemployed, we owe student loans, we're living off our parents, we have degrees in things like English and Philosophy, we're unprecedentedly narcissistic, and as if we couldn't get any more charming, all the money we do have we spend on luxury goods: welcome to Generation Y, bitches! The millennial epoch, composed of…
By: Rachel Krause / May 17, 2012

Everything You Want To Know About The Economy In 2011

With the slippery slope that's been the economy, we all want to know how to avoid getting our businesses buried in an avalanche. Lucky for us, JWT Intelligence has broken down the big picture of 2011 commerce trends into an amazingly cool cartoon. Wow, who knew economics could be so entertaining?
By: Simcha / December 30, 2010

Money 101: How To Help Your Parents Through The Recession

It seems like the floundering economy has taken its toll on everyone in some way or another. Maybe you ended up in the unemployment line, or maybe your pantry’s stocked with nothing but store-brand food. And while the financial environment may have led you to cringe whenever you look at your checking account statement, our…
By: Colleen Meeks / November 22, 2010

Money 101: How To Make The Most Of Reverse Empty-Nesting

Sometimes when you hit rock bottom, there’s only one place to go – back home with Mom and Dad. As layoffs and overwhelming debt are knocking members of our generation on their asses, many are flocking home to the safety net they couldn’t wait to escape at age 18. There isn’t any shame in going…
By: Colleen Meeks / October 22, 2010

Want A Smartphone With That? American Eagle To Offer Free Phones

Do you ever shop at American Eagle? (We stopped sometime after we realized we don't belong to a fictional rugby team.) If you don't frequent the all-American retailer, you might want to start. Come July 21, AE will be offering free smartphones to customers who "try on the company's jeans," says the Wall Street Journal.
By: Leonora Epstein / July 12, 2010

Rich People Shop At Kohl’s?

There are two types of wealthy people. Those who go on reality television to show off their private jets and bling and Caribbean estates. And then there are rich people who are also cheapskates, and won't spend money on peculiar things, like clothes. (Come to think of it, Daddy Warbucks did wear pretty much…
By: Leonora Epstein / April 16, 2010

Sign The Economy Is On The Up? Black Is Out, Bold Is In

When the economy hit its first slump, the fashion industry became one of the many lenses through which we measured the damage. So, it's only natural to gauge the recession's overall improvement by monitoring positive changes in the fashion world. Today, The New York Times asserts that a resurgence of bright, bold clothing i…
By: Leonora Epstein / April 15, 2010

Chic Young Things Are Investing In Luxury Weaponry

The fashion industry might be speeding straight into an iceberg à la the Titanic, but apparently there's one consumer market that's beginning to thrive in this crappy economy: luxury guns. Gunmaker Purdey & Sons is responding to this by increased production on a new model, which is described as "entry level." From a Bloomberg…
By: Leonora Epstein / December 8, 2009

I’ve Lost My Passion For Shopping

I don't know what's happened to me. I used to love shopping. Next to having sex, drinking, and eating great food with friends, shopping used to rank pretty high on my list of activities that make me happy. And no, I was never one of those girls who "bought to fill the void" or…
By: Leonora Epstein / November 8, 2009

Does Shopping Make You Feel Guilty?

The retail industry is getting pretty desperate these days—how many more special events and functions will we see that scream "Oooo! Please, please come shop in our store!" According to the Wall Street Journal, the latest tactic in trying to woo the recessionary customer is to assuage shoppers' guilt. In some cases, this goe…
By: Leonora Epstein / October 26, 2009

Does The Fashion Industry Need Government Aid To Survive?

The fashion industry has been hard hit by the recession, and it looks like it may take some strategic political partnerships to find the path of recovery. After the collaborative efforts of Fashion's Night Out, New York City mayor Michael Bloomberg is helping to launch another initiative to help stimulate the fashion economy.
By: Leonora Epstein / October 20, 2009

Do You Feel Like A Ditz Because You Love Fashion?

"Fashion trends speak volumes about the human condition and wordlessly point us towards the zeitgeist," writes South Africa Times columnist Jacquie Myburgh. Huh? They do? Ms. Myburgh, like many a fashion journalist, didn't originally seek a career in the style world, acknowledging the frivolous-sounding nature of such work. She explains: "Telling your parents you…
By: Leonora Epstein / October 15, 2009

Bride Barters Her Way To Her Dream Wedding

Kerry Coryell wanted a nice wedding, but she and fiancé Kurt VanDerLinde couldn't afford the costly photographer, limo, DJ, and all the other expenses that are part of a fancy ceremony and reception. But it was her dream! So, Coryell put an ad on Craigslist offering to barter for goods and services she couldn't afford.
By: Catherine Strawn / October 14, 2009

Neiman Marcus Scales Down Fantasy Gift Catalogue, Leaves You Hobos With Private Plane

Luxury department store Neiman Marcus is really feeling the economic downturn. So much so that they've totally scaled back their annual "fantasy gift" catalogue to exclude seven- and eight-figure products. In the past, reports the Wall Street Journal, offerings included $10 million Zeppelins and an even more expensive submarine. This year, the recession ha…
By: Leonora Epstein / October 7, 2009
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