Edward established a grocery business in Portland. When it failed, Stephens and her husband co-founded
Portland Magazine, with herself as editor and him as publisher. Author and critic
John Neal, whom she met shortly after her arrival in Portland, mentored her in this undertaking. The magazine was a monthly literary periodical where some of her early work first appeared. She became editor of
The Ladies Companion and adopted the humorous pseudonym
Jonathan Slick. Over the next few years she wrote more than twenty-five serial novels plus short stories and poems for several well known periodicals which included ''
Godey's Lady's Book and Graham's Magazine. In 1843, she and her husband purchased the Brother Jonathan literary journal and hired Neal to serve as editor. Her first novel Fashion and Famine
was published in 1854. She started her own magazine Mrs Stephens' Illustrated New Monthly
in 1856, it was published by her husband. The magazine merged with Peterson's Magazine'' a few years later. The term "dime novel" originated with Stephens's
Malaeska, the Indian Wife of the White Hunter, printed in the first book in
Beadle & Adams's Beadle’s Dime Novels series, dated June 9, 1860. The novel was a reprint of Stephens's earlier serial that appeared in the ''Ladies' Companion
magazine in February, March, and April 1839. Later, the Grolier Club listed Malaeska
as the most influential book of 1860. Some of her other work includes High Life in New York
(1843), Alice Copley: A Tale of Queen Mary's Time
(1844), The Diamond Necklace and Other Tale
(1846), The Old Homestead
(1855), The Rejected Wife
(1863) and A Noble Woman'' (1871). ==Works==