Tuesday, May 21, 2013. Last Update: Tue 6:50 AM EST

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European Union

Audit Notes: Decline and Fall, Inflation Falls Again, Stress Indicators

Your Decline and Fall Moment of the Day comes from Standard & Poor's, the credit-ratings firm that was a core... More

Audit Notes: Farmland Booms, Regulation and Jobs, Euro Sell-off

The Wall Street Journal reports that farming is making something of a comeback on the edges of metro areas amid... More

Audit Notes: Net Exposure, Crain’s Chicago Probe, Angelo’s Tumblr

Gillian Tett of the Financial Times shows why banks hedging their European exposure with credit-default swaps aren't necessarily actually hedged.... More

Audit Notes: Nobody’s Guilty In SEC Deals, Swipe Fees, Euromess

The New York Times makes a good catch on the disparities in a Justice Department settlement with Wachovia and an... More

Audit Notes: Picturing the Turmoil, WSJ vs. SmartMoney, Long Crisis

Lots of people are linking the Brokers With Hands On Their Faces Blog in the midst of the market turmoil... More

Audit Notes: The Euro Crisis’s 1930s Parallels, Taibbi on Bloomberg

The eurozone crisis is now at its worst point with Italy's interest rates at unsustainable rates and quite possibly past... More

Audit Notes: The Sovereign Risk Genie, Regulatory Complexity, Wal-Mart and Bank Fees

The Economist's Greg Ip says the European crisis, at its core, is not about Silvio Berlusconi or even Italian debt... More

Bloomberg on How a European AIG Would Hit the U.S.

Big U.S. banks are upping their exposure to Europe by selling credit-default swaps

Bloomberg News has an important report on how sovereign defaults in Europe could infect the U.S. banking system via ye... More

Debt-Ceiling Jitters Hit the Markets

European crisis and other bad news doesn’t help

I'm beginning to get that spring/summer 2008 feeling again, and it's no wonder. The latest GDP report this morning signals... More

Feces, Fascists, and Michael Lewis

A flop from the best writer in financial journalism

Kevin Drum doesn’t think much of Michael Lewis’s latest European dispatch for Vanity Fair — and neither do I. There’s... More

The Press Notes the Euro Crisis Threatens the U.S. Too

It's beginning to dawn on the U.S. press that the slow-motion crash of the European Union just might have some... More

What was James Rosen thinking?

How much of Rosen’s trouble is of his own making?

The new ‘Snow Fall’

Cat Fall: A modern tragedy

The cartography of bullshit

Max Fisher and the problem with foreign-affairs blogging

Welcome to Google Island

“I hope my nudity doesn’t bother you. We’re completely committed to openness here”

This is water

David Foster Wallace’s 2005 Kenyon commencement speech as a short film

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The Business of Digital Journalism

A report from the Columbia University Graduate School of Journalism

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Questions and exercises for journalism students.