Columnist: CNBC and WSJ miss what's going on with housing

Nashua Telegraph columnist Tony Paradiso writes on Sunday that coverage this past week on CNBC and in The Wall Street Journal has failed to understand the intricacies of data about the U.S. housing market. Paradiso wrote, “So next time someone calls you stupid, take it as a compliment. “And if you buy that rationale, CNBC […]

TV Newser: CNBC becoming Wall Street's cheerleader

The TV Newser blog posts comments from readers who argue that CNBC is once again becoming a cheerleader for the stock market in the wake of new records for the Dow Jones industrial average. One viewer stated, “I mean, from red text flashing at the bottom of the screen to orange-colored flip-graphics on the top […]

Friedman: CNBC is facing "scary times"

MarketWatch media columnist Jon Friedman writes in his Monday column that business news cable network CNBC is facing “scary times.” Friedman wrote, “NBC Universal, of which CNBC is a division, is planning to make severe cost cuts. The Washington Post reported that the media behemoth will chop up to 700 jobs, or 5% of its […]

Columnist: Those moving markets are not talking on CNBC

Nashua Telegraph columnist Tony Paradiso makes an interesting observation in his Sunday column that the market pros who are being interviewed on CNBC are not the ones moving the market. Paradiso said, “What I do know is markets go up, markets go down and the average person or talking head has no clue as to […]

Daily News: Bloomberg considering leveraged recapitalization

Although Bloomberg L.P. majority owner Mike Bloomberg has decided not to sell the company, he apparently is seeking a recapitalization of the company, said a story in the New York Daily News quoting a CNBC reporter. Greg Wilson wrote, “A leveraged recap is a transaction in which a business takes on debt or uses equity […]

CNBC's Liesman avoids predicting oil prices

CNBC’s senior economics reporter Steve Liesman is in Texas this week, first to interview former Soviet leader Mikhail Gorbachev but also to attend the Permian Basin International Oil Show. (Liesman was once Moscow bureau chief of the Wall Street Journal.) In an interview with the Odessa American, he talked about how he covers economics, and […]

Sandy Weill and CNBC's Gasparino are not friends

Don’t invite former Citigroup CEO Sandy Weill and Charles Gasparino, a former Wall Street Journal reporter now at CNBC, to the same party, according to a story in the New York Post. Weill has made comments in his new book about Gasparino’s reporting that has the journalist hiring an attorney. Suzanne Kapner wrote, “The latest […]

Economics reporters struggle to reach non-economists with coverage

At a recent panel of economics reporters at Dartmouth College, a number of the top journalists in the profession expressed how difficult it was to reach the average consumer with their stories. Among those on the panel were CNBC’s Steve Liesman, The Wall Street Journal’s Greg Ip, and BusinessWeek’s Peter Coy. (Disclosure: I worked with […]

Fox Business Channel to debut in mid-2007

Fox News Channel CEO Roger Ailes and News Corp. CEO Rupert Murdoch spoke with Multichannel News editor of digital news Steve Donohue and news editor Mike Reynolds last week about a wide range of topics, including the impending rollout of the new Fox Business Channel, slated for 2007. What’s below is an excerpt from the […]

Cramer says he's trying to help the poor

In a Q&A interview with Baltimore Sun reporter Laura Smitherman, “Mad Money” host Jim Cramer said that the rationale behind his CNBC show is to help people who don’t have a lot of moeny get some.Smitherman wrote, “His is a kind of Marx-meets-Robin-Hood philosophy: ‘We are at a strange time for capitalism in our nation,’ […]