JOSSIP REPORTS — That's the word we're hearing from inside Hearst. Blame the economy. Blame Susan Schulz. (Or blame Cathie Black.) Blame Friday. Who knows more? We're waiting on official word, but we're going to guess CosmoGIRL!'s shuttering has something to do with the "marketplace" and "advertising climate."

Worth noting: When other teen girl mags folded, like ELLEgirl in 2006, know who was the first office to celebrate? CosmoGIRL!'s. Something about bitchin' karma?