economy - Page 2

Style

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” READ MORE »


Style

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… READ MORE »


Style

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. This time,… READ MORE »


Style

“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… READ MORE »


News

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… READ MORE »


Style

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 has forced… READ MORE »


Style

There’s no doubt about it. Getting laid off sucks. What happens next is the stereotypical lifestyle of depression, daytime television and sweatpants. This may be fine for a week or two, but after a while you will start to go crazy and feel disgusting.

We would never say, “Hey! Awesome! You lost your… READ MORE »


News

If you want a job done right, hire more women. According to data from Ernst & Young, Goldman Sachs, Columbia University, and Pepperdine University, having more women in senior management positions means higher profits for a company. So could turning up the estrogen level in big corporations be a lasting fix to the financial crisis… READ MORE »


Style

Teen Vogue got the scoop on the latest from Marc Jacobs: Everybody’s favorite desginer is launching a moderately priced bridge collection in August called “Don’t Miss The Marc.” The small line includes some solid pieces like pleated denim skirts, three-button blazers, and some loud (but ’80s-trendy) t-shirts. The rest of the goods look to be… READ MORE »


News

Millions of college students cringe at the word “FAFSA”—-fun to say, not so fun to fill out. The Free Application for Federal Student Aid helps a large number of students pay for college…after they’ve spent hours answering questions, nagging their parents for tax info, and enduring an experience close to torture. But it looks like… READ MORE »


News

Employment rates reached 9.4% this month—the highest they’ve been in the past 26 years. Great, so nearly a tenth of the U.S. is unemployed, and I’m graduating college in a semester––yikes! While I’d totally love to embrace “funemployment” come December, I just don’t think my Dad will approve of that. So in the spirit of… READ MORE »


News

If your bedroom buddy has been sporting the same skivvies over and over, it may be a sign that the recession is still in full throttle. According to economist Alan Greenspan, the former Federal Reserve chief, underwear sales are a great indicator of the economy’s status. Over the course of 2008, male underwear sales declined… READ MORE »


News

The recession is effecting more than just our wallets. As money gets tighter, a lot of women are putting their baby-making plans on hold. Women’s clinics across California are getting record numbers of calls, and many of the callers are wanting abortions. And not just single women—a lot of them have families already, but are… READ MORE »


Love & Sex

Besides making a lot of gay and lesbian couples very happy, extending marriage to same-sex couples would help the economy, according to a report from the Williams Institute School of Law at UCLA. The report only covered the state of Maine, but in that state alone it is estimated that there would be $60 million… READ MORE »


Love & Sex

As the economy goes soft, some women are seeking to earn extra cash as freelance sex workers. As it turns out, there’s a market for powerful career gals who can dominate a man’s world — literally. According to Tracy Quan’s “Kinkonomics,” recently laid off ladies are freelancing as professional dominatrixes. Although sex workers generally consider… READ MORE »


News

The Times reports that champagne sales are down this holiday season and not necessarily because people can’t afford the bubbly. Amid layoffs, foreclosures and other economic losses, as well as a shortage of the usual celebratory occasions like “mergers, closings, bonuses and office parties,” “People just don’t want to look extravagant today,” said Paul Grieco,… READ MORE »


Video

I can’t stand Christmas music. After a weeks worth of shopping I’m already up to my eyeballs in “Silver Bells” and “Feliz Navidad.” Don’t get me wrong, I love buying gifts, but if I hear one more light jazz rendition of “Jingle Bell Rock,” I’m going to lose it. There are plenty of non-Christmas celebrating… READ MORE »


Style

Because the stock market and the economy are so volatile right now, people are looking for any kind of guidance they can get — even if that means turning to the supernatural. According to a New York Times article, psychics and astrologers are doing big business these days, with clients paying anywhere from $75 to… READ MORE »