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...time, to get a reaction from them, that's the thing I like," says Sean Williams, 29, who lost his postal service job in July and now deejays in the Bay Area (stage name: DJ Padd). "You can control everyone.' You can also pick up the basics in a month or two, and schools aren't ridiculously expensive: Rankin, for example, charges $600 for a month-long class in Chicago. A five-month intensive course at New York's DubSpot goes for $1,695. Not cheap, but perhaps better than a $100,000 graduate school tab for a career that...

Author: /time Magazine | Title: Why Deejay Schools Are Thriving in a Recession | 6/6/2009 | See Source »

...problem: as more people look to deejaying for extra cash, the oversupply will drive down the number of work opportunities for aspiring MCs, and the fees they can command. "Business is a little slow right now,' says Colvin, who also suffered a neck injury from an auto accident last month, making the job tougher. He has yet to make back his deejay investment. "I'm like a fireman waiting for a call," he says...

Author: /time Magazine | Title: Why Deejay Schools Are Thriving in a Recession | 6/6/2009 | See Source »

...most recent Fed data, use of revolving credit, like credit cards, was down 11% from the month before. Non-revolving credit - including loans for cars, boats, mobile homes, education and vacations - was off by 5.3%. The amount of outstanding consumer credit is now about what...

Author: /time Magazine | Title: Consumer Borrowing Is Down, But For How Long? | 6/6/2009 | See Source »

...Pakistani capital on Saturday when a suicide bomber blew himself up in the courtyard of a police rapid response center, killing two people and injuring six others. The attack came just hours after militants ambushed a military convoy near the Swat Valley, where the army has waged a punishing month-long offensive against Taliban militants. The violence has raised fears that the militants are intent on striking deeper inside the country, mounting revenge attacks and attempting to demoralize a population that has increasingly united against them. (See TIME's photos of Pakistan beneath the surface...

Author: /time Magazine | Title: Fears Escalate Over Violence in Islamabad | 6/6/2009 | See Source »

...Last month, the cities of Lahore and Peshawar were rocked by massive blasts on successive days. The attack on Lahore targeted the office of the city's police chief and the regional headquarters of Pakistan's main intelligence agency, the Inter-Services Intelligence, commonly known as the ISI. At least two dozen people were killed by the blast that caused widespread damage and injured over 300. The Taliban later claimed responsibility. Hakimullah Mehsud, a deputy of notorious Taliban commander Baitullah Mehsud, warned the residents of major cities to flee before they struck again...

Author: /time Magazine | Title: Fears Escalate Over Violence in Islamabad | 6/6/2009 | See Source »

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