Is Jon Hilsenrath’s Fed coverage influence fading?
Matthew Boesler of Business Insider takes a look Thursday at how the markets reacted with a yawn to coverage from The Wall Street Journal‘s Jon Hilsenrath, who has been known in the past to influence markets with his Fed coverage. Boesler writes, “Hilsenrath went on CNBC this afternoon and argues that, in fact, the overall […]
Thomson Reuters to suspend early peeks at consumer confidence data
Thomson Reuters is expected to announce Monday it will suspend the practice of giving clients an early peek at consumer confidence data, yielding to pressure from the New York attorney general, reports Peter Lattman of the New York Times. Lattman writes, “In response to the attorney general’s inquiry, Thomson Reuters took the position that its […]
Europe to keep interest rates low
While most Americans were busy eating hot dogs and celebrating the birth of our nation, two of Europe’s central banks were sending the clearest signals yet that they will keep interest rates low for the foreseeable future. Here is the story from the New York Times: Answering critics who said they were running out of […]
Government cuts hit the private sector
The New York Times wrote an interesting story Wednesday about the effects of federal spending cuts on the private sector: Congress’s $85 billion, across-the-board budget cuts may not have brought the economy to a halt, as many once feared. But they are having a negative effect on jobs in the private sector, according to an […]
CNBC’s Liesman on intersection between music, journalism
CNBC senior economics correspondent Steve Liesman talks about how his love for music plays a role in his journalism.
Conference Board ends early media access to data
The Conference Board is ending its policy of providing consumer confidence data to business journalists before their release to the public, fearing leaks to traders. Brody Mullins of The Wall Street Journal writes, “The move is one of the biggest cracks thus far in the traditional way in which private organizations and governmental agencies release […]
CNBC’s Santelli vs. WSJ’s Hilsenrath
Julia LaRoche of Business Insider writes Wednesday about the brouhaha that erupted between CNBC‘s Rick Santelli and The Wall Street Journal‘s Jon Hilsenrath on the air Wednesday. LaRoche writes, “Santelli told Hilsenrath that the reason that his stories move the markets is because the world at large believes he’s sourced. “‘That’s a reality. You can […]
Fed still able to inspire vast array of headlines
The Federal Reserve Board announcement Tuesday once again sparked a wide variety of headlines and leads from the financial press. While its importance is obvious, I’m still always amazed at the different interpretations that come out of these public comments. The Wall Street Journal’s headline “Fed Brightens Recovery View, Stays Silent on Bond Buying,” focuses […]
The great and powerful Jon Hilsenrath
Barbara Kollmeyer of Marketwatch.com writes about recent coverage of the Federal Reserve Board. Kollmeyer writes, “After all the seriousness about the Fed meeting that kicks off Tuesday, Ed Yardeni, chief investment strategist at Yardeni Research, injects some humor by asking: ‘Who is the Fed Chairman anyway?’ “‘Could it be that Ben Bernanke isn’t actually the […]
The six Fed reporters who can make the market go crazy
Steven Perlberg lists for Business Insider the six Federal Reserve reporters who can make the markets go crazy. His top four are: 1. Jon Hilsenrath, The Wall Street Journal; 2. Greg Ip, The Economist; 3. Steve Liesman, CNBC; 4. Binyamin Applebaum, The Washington Post. About Hilsenrath, Perlberg writes, “The Journal’s Fed reporter recently blogged that he […]
