Ugh: How's that for the economy cratering? CosmoGirl! magazine has folded, reports New York Magazine. Seemingly out of the blue. More to come. [NY Mag]

This month's CosmoGirl! coverline: Maybe Pete Wentz was not exactly the right celeb to call for an empowering quote re: rejecting the media's unattainable beauty standards? (Click on image to enlarge.)