October 27, 2008
Last Friday night, I stumbled on This is Only a Test, a new program from WFUV. The host, Rich McLaughlin, played a track by Bushwick’s The Menahan Street Band – a collaboration of artists from Sharon Jones & the Dap-Kings, El Michels Affair, Antibalas and the Budos Band – during the show which served as a great soundtrack for my drive along Vernon Boulevard in Queens. I suggest you check both the band and the program out – on air or online.
Filed under Brooklyn, Manhattan, blogging, new media, story, transportation
Tags: Brooklyn, bushwick, music, New York, radio, wfuv
October 10, 2008
September 19, 2008
Historical evidence weaves a tale of courtship between the stock market and presidential elections – where the former responds to the rhythm of the latter – but in an economy plagued by the subprime fallout, Wall Street might buck the trend.
The year prior to a presidential election normally courts a bull market. In the first six months of 2008, however, the markets suffered a loss greater than any presidential election year since 1940, according to data culled by InvesTech Research, a Montana-based financial research firm.
The more recent implosion of the financial sector, including the Lehman Brothers’ bankruptcy, collapse of Bear Stearns, government bailout of Fannie Mae and Freddie Mac, and federal rescue of insurance giant AIG, exacerbated that already instable market; the Dow Jones Industrial Average plummeted 504 points on Sept. 15 – the biggest one-day drop since the markets re-opened six days after the terrorist attacks of Sept. 11.
The Dow closed at 11,020 on Sept. 18, down almost 20 percent from the beginning of this year. Only four times over the last 116 years has the Dow failed to hit, or come within 5 percent of, the year’s high during the three months surrounding a presidential election, according to InvesTech. “There might be a small rebound in the markets,” said long-term investor and financial blogger Eddy Elfenbein, who authors CrossingWallStreet.com, “but the American economy is in pretty rough shape.”
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October 4, 2008
In 72 days I will be a master of journalism. Until then you’ll have to satisfy your craving for sassy Irish wit here.
September 9, 2008
You’ve read, heard and watched the stories of other single mothers, now share your own.
Leave your tale of managing finances with motherhood or other cost saving tips in the comments.