The NYFWA is the nation's oldest organization devoted to business and financial journalism. Since its founding in 1938, hundreds of journalists from news organizations in every facet of media, newspapers, magazines, television, radio, wire services, websites and other new media have enjoyed the benefits and camaraderie of membership -from networking and career building events, to opportunities to help support the professional standards of financial journalism and even to help with the industry's legacy through the $30,000 in scholarships we award each year. NYFWA members have been covering the ups and downs of business and finance around the world for more than 80 years. Founded in the depression on the eve of World War II, on June 15, 1938, NYFWA members have chronicled the advent of the Atomic Age, the Jet Age and the Electronic Age, as well as the plethora of labor strikes and lockouts, mergers and acquisitions, recessions and booms and the fluctuations in stock and bond prices. When the Association was founded, the Dow Jones Industrial Average was dragging along at 113.24 on volume of 344,620 shares on the New York Stock Exchange. Over the past 80 plus years, members of the NYFWA have provided the vital information of the day and have contributed to a better understanding of local, national and international events that have affected the lives of every man, woman and child in the world. Americans do not live in a cocoon. What happens in Asia, Europe and Africa affect this nation's economy just as surely as the steps taken in Washington affect others. It is the responsibility of NYFWA members to report and explain these events as they happen. So as world economies and markets have experienced unprecedented growth, so too has the Association.