Conclusion of 44-year-old California resident: Recession

Hal Morris, writing on his Grumpy Editor blog, wonders why an Associated Press story about the nation’s economy has a 44-year-old woman from a small California town being the one to claim that we’re in a recession. Morris wrote, “In an Associated Press story released Sunday with a lead touching on empty homes and for-sale […]

Writers on the storm

TheStreet.com media critic Marek Fuchs wants to know why so many business journalists believed Wal-Mart Stores Inc. earlier this week when it announced that January sales were hurt by the weather. Fuchs wrote, “The National Oceanic and Atmospheric Administration is a federal agency that compiles world weather data on land and ocean surfaces, and you […]

Buffett corrects Dow Jones story by calling CNBC

Chris Ariens of TV Newser writes Thursday that billionaire investor Warren Buffett called CNBC‘s Becky Quick this morning to correct a misquote in a Dow Jones Newswires story. Ariens wrote, “Quick interrupted CNBC’s Jim Cramer and Steve Liesman to repeat what Buffett was telling her. “The Newswires story was headlined: Buffett: Dollar ‘Worthless’ If Acct […]

Bartiromo: Recession talk can cause more weakness

Jeff Poor of the Business & Media Institute writes Wednesday about CNBC anchor Maria Bartiromo‘s appearance on the “Today” show, when she warned about too much coverage of whether we’re already in a recession. Poor wrote, “The media’s constant carping about an economic downturn will have consequences unless the recession rhetoric is toned down, CNBC’s […]

Sacramento readers complain about real estate coverage

Armando Acuña, the public editor of the Sacramento Bee, writes about how newspaper readers have complained about its coverage of the real estate market. Acuña wrote, “In a similar vein, reader Bob Fairbanks of Sacramento criticized the paper for sensationalizing news about home foreclosures. “He was reacting to a recent front-page story about foreclosures and […]

Jon Stewart on biz media gibberish

Rich Smith of The Motley Fool notes that Jon Stewart of Comedy Central’s “The Daily Show” took a well-deserved swipe at the gibberish that many in the business media have been usinmg to explain the current state of the economy. Smith noted how Stewart and guest Gerri Willis, CNN’s personal finance editor, both misinterpreted a […]

Ben Stein has no clue

TheStreet.com media critic Marek Fuchs writes Monday that New York Times economics columnist Ben Stein‘s latest column is devoid of any facts to back up his assertions that traders and journalists are to blame for the subprime collapse. Fuchs wrote, “He goes on to raise an eyebrow about the spread between the size of the […]

Economics coverage constant in shaky times

John Bodette, the executive editor of the St. Cloud Times, writes Sunday about how coverage of the economy is important no matter the situation. Bodette wrote, “We will be covering the economy both with the national news reports and our own local reporting. “We will inform and explain the economic developments and try to provide […]

Fawning coverage from Davos

TheDeal.com executive editor Yvette Kantrow writes about the overly positive coverage that has emanated from the World Economic Forum in Davos, Switzerland, during the past week. Kantrow wrote, “Among the media, The Wall Street Journal was one of the few outlets to note that irony: ‘Of course, most of the Davos crowd got the economy […]

Interest in business news on the rise

Brian Stelter of The New York Times writes Tuesday how viewership of CNBC and Fox Business Network will likely rise this month due to the dramatic ups and downs of the stock market. Stelter wrote, “Despite being dark on Monday, CNBC says it has an advantage in its nearly 20 years of experience. ‘This is […]