As I wrote a few weeks ago, one focus of our blog will be the future of Business students.I found this video that summarizes some fears Pennsylvania business students have about their future on Wall Street. But the faltering economy is not only an American problem. One proof that the US financial crisis impacts people all over the world is this podcast about German business students who are equally worried about their future. Katherine

The crisis around the country is not the only worry we have, but also right here in our Golden State. Did you know that Arnold Schwarzenegger asked the federal government for 7 Billion dollars to help out with the financial crisis. Video by AP Jacky

Here is another interesting and short video ,by AP,about how the economic situation is affecting college students. Jacky

Here is a brief video conducted by AP about the rising amounts of Vanishing Jobs

In addition to what Kerstin wrote, here is another cool website that gives tips out to kids, parents, and teachers about how to use and spend money wisely. Jacky

The historic 700 billion dollar bailout plan for Wall Street is officially approved. Within hours after the House voted in favor of the bill yesterday, President Bush signed it into law. But not too many on Wall Street seemed to be impressed by the result of the vote. Yet again, Wall Street closed lower than on Monday when the original proposal failed and the Dow Jones fell 777 points within one day. One of the reasons for the lack of… Read more

I want to update our readers on some of the bigger themes our blog will be following this semester. We, that is Jacky and Katherine agreed to follow four specific topics related to the economy. We are still discussing the fourth topic, but here are the three we will shortly have available on this blog. First, we will focus on student budgeting. We will have some important tips on how to balance your budget and leave college without being in… Read more

This has been a stormy week on Wall Street. First, Monday’s bankruptcy and closure of financial giant Lehman Brothers. Then, Bank of America acquired Merrill Lynch. And by the end of the week the government bailed out financial giant American International Group. This bailout comes after Uncle Sam already bailed out Fannie Mae and Freddie Mac a few weeks ago. While I am currently trying to figure out how to pay for my groceries for the upcoming week, the government… Read more

The alternative rock group “American Hi- Fi” performed at the Troubadour in West Hollywood on Friday night to a full room of excited fans. The rock band is composed of Stacy Jones, the lead singer, Jamie Arentzen on guitar, Drew Parsons on the bass and Brian Nolan on drums.