The Boston Globe Introduces a New Section: ”Money & Careers”

Money & Careers will run every Sunday in the Globe, starting April 20

The Boston Globe announced today the introduction of “Money and Careers,” a new section that will run every Sunday starting April 20. The section will cover a wide range of topics of interest to investors, consumers, business professionals, job seekers and more.

“Money & Careers” combines the best of the Globe’s current Sunday business and career coverage, and adds several new features, including two new pages, MarketWeek and MoneyWeek, that will replace the traditional stock and mutual fund listings. All of The Boston Globe’s recruitment advertising will also run in the section.

“Both Business & Money and the Careers section have focused on how business has a direct bearing on people’s everyday lives. In merging these two sections, we bring together two popular sections that naturally belong together,” said Boston Globe editor Martin Baron.

The MarketWeek page offers readers a summary of the most interesting market activity for the week, including short stories on five companies with significant stock price movement up or down. It also lists the top gaining and losing stocks nationally and in Massachusetts. Graphics show major market indices both for the previous 90 days and the previous week. Four overseas markets are charted as well: Frankfurt, London, Hong Kong, and Tokyo.

The MoneyWeek page will help people manage their money by providing a host of key economic indicators and market rates all in one place. Economic indicators include the prices of oil, gold, and milk; the unemployment rate; and the change in consumer prices. Interest rates include popular loans and investments such as mortgages, home equity loans, CDs, and money market accounts. The page will also list 25 currency rates to help people considering a trip overseas. A significant portion of the page will be devoted to presenting the performance of the 50 most popular mutual funds in the U.S.

Other new features include a careers column that takes a look at people with unusual jobs; a consumer alert column that answers questions from readers; and a new spending feature where the Globe will test and rate products.

The section will also be home to columns already familiar to readers, including Scott Kirsner’s “Innovation Economy,” Maggie Jackson’s “Balancing Acts,” Peter Post’s “Etiquette at Work,” and Robert Weisman’s “Business Intelligence.”

About The Boston Globe:

The Boston Globe is wholly owned by The New York Times Company (NYSE: NYT), a leading media company with 2006 revenues of $3.3 billion, which includes The New York Times, the International Herald Tribune, The Boston Globe, 15 other daily newspapers, WQXR-FM and more than 30 Web sites, including NYTimes.com, Boston.com and About.com. The Company’s core purpose is to enhance society by creating, collecting and distributing high-quality news, information and entertainment.

Contacts

The Boston Globe
Al Larkin, 617-929-3160
Executive Vice President
larkin {at} globe(.)com