Personal finance
Online betting site Intrade abruptly closes

When work bulldozes your personal life

Women getting rejected for mortgages

Gas prices ate into Americans' budgets last month

Job burnout worse for your heart than smoking

Swiss tax-cheat adviser blows his US clients' cover

School loans are just the start for some Ph.D.s

Penn State suspends its contract with Adidas

Even Exxon thinks the US will cut energy use

How much water from Poland Spring is in that bottle?

Looking for tech's future? Watch teenagers

Do you live in a county that's dying?

Why Mila Kunis is hardly a stock market indicator

Matt Lauer hosting 'Jeopardy' could be hazardous

FTC tells celebrity endorsers on Twitter: Disclose all

No Guinness for vegans this St. Patrick's Day

Red Bull is being blackmailed

Lumber finally rises from the forest floor

Applying for Obamacare could be painful

US getting another conservative news channel

Carl's Jr. sticks with its 'indulgent' menu

Which 200 airports will lose their control towers?

How to lose $8 million in 6 minutes

First-class battle over Saturday mail delivery

Time's opus on health care is a surprise hit
Newsroom budget cuts create a downward spiral
Here's another sad milestone, if you're a fan of interesting, informative and investigative news: One more city is losing an important local news outlet.

The Boston Phoenix, the alternative weekly magazine, announced last week it would cease publication after 47 years.

In a letter to staffers, Phoenix publisher Stephen Mindich cited the rising challenges print media advertising has faced in recent years as the journalism landscape has radically changed and the established outlets deal with the ongoing economic sluggishness.

"Despite the valiant effort by many, many past and current staff to attempt to stabilize and, in fact, reverse our significant financial losses," he said, "we have been unable to do so and they are no longer sustainable."

A news release by the magazine's parent company, Phoenix Media, said that while the publication still has a strong local audience and advertising base, a years-long decline in national advertising dollars was the last financial straw.

The demise of the Boston Phoenix coincides with interesting new data from the Pew Research Center's annual State of the News Media report. It says the public is turning its collective back on established news organizations, which many consumers feel are dropping the ball when it comes to covering important stories. But Pew also notes that most news consumers don't get the connection between a lack of in-depth reporting and years of dramatic newsroom budget cuts.

A new public opinion survey, released with the report, found nearly one-third of respondents said they "deserted" a particular news outlet, "because it no longer provides the news and information they had grown accustomed to."

Those who abandoned their traditional news sources tend to be older, well educated and wealthier than average. In other words, the survey notes, "they are people who tend to be more prone to consume and pay for news."

At the same time, more than a third of those Pew surveyed said they knew "nothing at all" about the news media's ongoing financial struggles -- or the impact those economic woes might have on the coverage of local, national and international news.

The report says a growing erosion of professionally produced news and a public disdain for those kind of news outlets, "adds up to a news industry that is more undermanned and unprepared to uncover stories, dig deep into emerging ones or to question information put into its hands."

Which leads to another question: Does society today need a professional news sector, or can we get by with individual blogs, TV talking heads and information passed on via friends, family and connections on social media?
Colorado doctors unite against energy companies

Monster Beverage looks for a buzz from food stamps

Hungry for a hit, McDonald's adds McWraps

Real cost of US war with Iraq: $1.7 trillion

This guy spent $45,000 on a marriage proposal

Starbucks' CEO perks up for minimum wage hike

CEO gives workers 'get out of jail free' cards

Violent crime is haunting Mexico's tourism

Invest like Warren Buffett with this app

Peek protection: Now you can block that drone

Jay Leno is no laughing matter for NBC

Are job cuts a myth about Obamacare?

Nike silences naysayers after outstanding quarter

mac sftp client
Are we finally ready for turkey burgers?

Newsroom budget cuts create a downward spiral

Why young Americans are getting poorer

Senator: Should hourly minimum wage be $22?

Cookie hoax: Girl Scouts scammed out of $24,000

NCAA March Madness is no economic slam dunk

Pennsylvania may finally sell its state liquor stores

Lululemon's see-through yoga pants get yanked

The Easter Bunny is getting pinched this year

How ski resorts fend off accident lawsuits

Retirement crisis ahead for boomers and Gen Xers

Soda industry wins support as donations flow

Colorado company: New gun law will make us move

Michael Dell may have another bidder to outdo

What the government wants to take away now

US is still paying Civil War benefits

Here come new whiskey flavors

College won't accept students who need loans

Who's next as a merger frenzy takes off?

Study: Soda really does kill

Dark day for a Chinese solar panel maker

Wal-Mart expands shop-with-iPhone program

Celebrating Passover costs more this year

Meth-contaminated homes are a growing hazard

What recovery? Many workers still stuck in recession