Cohen joining NYTimes econ desk

New York Times business editor Dean Murphy sent out the following staff announcement on Friday: Our economics team is about to get a serious dose of culture. We are pleased to announce that Patti Cohen will be joining BizDay as an economics reporter, replacing Shaila Dewan, who is moving to National. Patti is accomplished as […]

Coverage: U.S. economy falters

The U.S. economy lost the most since the end of the recession, indicating that optimism might be premature. Jonathan House wrote for The Wall Street Journal that the gross domestic product sank to a five-year low: The U.S. economy contracted at a faster pace than previously estimated in the first quarter, marking its sharpest pullback since the […]

Lowrey, NYTimes economics reporter, leaving for New York magazine

Annie Lowrey, who covers economic policy for the New York Times in Washington, is leaving for a job at New York magazine, reports Dylan Byers of Politico. Byers writes, “Lowrey joins the magazine as a contributing editor and online columnist, covering policy, politics, and technology, among other topics. Lowrey, who is married to Ezra Klein, […]

What’s behind wire service departure from Treasury

Denny Gulino, a senior correspondent at Market News International, writes about the decision by the four major wire services — Associated Press, Bloomberg News, Dow Jones Newswires and Reuters — to depart from staffing the Treasury Department. Gulino, who has covered the Treasury since the 1980s, writes, “At this writing, four adjacent cubicles in the […]

Wire services leaving Treasury news room

Jim Romenesko is reporting that the Associated Press, Bloomberg News, Reuters and Dow Jones Newswires are all taking their staffers out of the U.S. Treasury Department newsroom, and he has an email from a Bloomberg News editor about it. The editor, Chris Wellisz, wrote: Folks, the news you have all been waiting for. We no […]

NYTimes biz reporter Schwartz wins Nash Award

New York Times editor Dean Baquet sent out the following announcement: I’m pleased to announce that Nelson D. Schwartz is this year’s recipient of the Nathaniel Nash Award for the excellence of his journalism. Nelson, an economics reporter for Business Day, has played a pivotal role in our coverage of business, finance and the economy over the past seven […]

Reuters seeks Canadian economics reporter

Reuters is looking for a dynamic, experienced journalist to lead Canadian economic coverage from Ottawa. The Canada Economics Correspondent is responsible for reporting on the Bank of Canada and finance ministry as well as economic indicators. She or he also will regularly jump into the bureau’s coverage of political and general news. The right candidate […]

ECB ready to take action

The European Central Bank is ready to take action to combat low inflation in the continent in an attempt to help the economic show stronger growth. Brian Blackstone and Marcus Walker had this story in the Wall Street Journal: The European Central Bank is poised to act against very low inflation after months of delay, […]

The Piketty debate in the business media

Thomas Piketty, the author of the much reviewed “Capital in the Twenty-First Century,” is likely glad this week is over. The Financial Times sparked a media debate after a story criticized his data. The story by Chris Giles and Ferdinando Giugliano broke on May 24 and claimed that Piketty made mistakes in reaching his conclusions […]

Fed officials debate state of labor market

For the millions of people still out of work, the labor market continues to look bleak, although unemployment numbers are improving. The true picture isn’t clear, even to Federal Reserve Board officials who continue to debate the true state of things. Jon Hilsenrath had this story for the Wall Street Journal: Federal Reserve Chairwoman Janet […]