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...sees herself as the future of journalism, not the end of it. She and Lerer continue to experiment with "distributive journalism," as they call it, in which anybody who observes a news event can report on it for HuffPo. They recently raised $25 million to launch an investigative-journalism fund and explore creating local city versions of the site...
There is no question that gold's price run-up is purely speculative. Since the beginning of 2009, the number of outstanding shares in the SPDR Gold Trust (NYSE: GLD), the most popular exchange-traded gold fund, has climbed about 33%. Demand for gold has increased significantly...
...last long rally the market had ran from March of 2003, when the DJIA was 7,740 to almost 14,100 in October 2007. An investor in an index fund doubled his money and did even better if dividends were factored in. No one calls the long leg up in the market a sucker rally, but it was for those who did not sell their stocks until early this month when the Dow dropped below 6,600. (See pictures of the Top 10 scared traders...
...have a couple of beers or a glass of wine.” Club Passim is managed by the non-profit umbrella organization Passim Folk Music and Culture Center, which also operates several music-related programs. The organization has recently seen its main sources of revenue—donations, fund-raising, and membership fees—decline during the recession. In 2008, Passim’s financial hurdles, which Scotti attributed in part to lackluster ticket sales, resulted in a 30% staff cut. Club Passim, nestled between Church and Brattle Streets, has been in existence under various guises since...
...Hayward said University Hall is still grappling with how to fund the $1.2 million proposed plan—especially in the current economic downturn...