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 […]
Unpredictable ups and downs in covering the economy
Dan Gainor of The Business & Media Institute writes a column in Tuesday’s Washington Times about how the media has been covering whether the economy has entered into a recession. Gainor wrote, “Nearly every network newscast is filled with the latest ‘recession’ news — housing, rising unemployment, a declining dollar. Merrill Lynch’s Chief North American […]
With U.S. markets closed, news still occurs
Paul Gough of The Hollywood Reporter took a look Tuesday at how cable news stations such as Fox Business and CNN covered the international stock market drop while the U.S. markets were closed, and how CNBC plans to respond with its coverage this morning. Gough wrote, “Although CNBC ran taped programming throughout the Martin Luther […]
Fox Business covers market crash; others don't
Sam Thielman of Variety writes Monday that Fox Business Network was able to cover the international stock market crash while competitors CNBC and Bloomberg TV ran taped content because of the Martin Luther King Jr. holiday. Thielman wrote, “Bloomberg TV went to tape at 11 a.m. and CNBC ran taped programming all day — decisions […]
More context in real estate stories needed
Miami Herald ombudsman Edward Schumacher-Matos argues Sunday for more context in the paper’s coverage of the Florida and national real estate market. Schumacher-Matos wrote, “I have reviewed The Miami Herald’s real-estate coverage over the past three months and talked with opposing experts, including realtors. It is hard to separate the coverage from the truth about […]
Biz media already predicting recession
Chicago Tribune public editor Timothy McNulty writes Friday about how many in the business media are writing as if the country is already in a recession. McNulty wrote, “There is a legitimate concern that the economy is slowing down — witness Thursday’s 307 point drop in the Dow Jones industrial average — but reality is […]
