G-7 avoids confrontation with Japan
While all the international conferences on money may seem a bit over-covered and like they don’t have much influence, each business news outlet tends to focus on different parts of their talks. It’s important to cover meetings when the seven largest economies get together to discuss monetary policy. But what’s more interesting is what the […]
How the 2008 crisis impacted financial journalism
Last week, ProPublica and NYU’s Arthur L. Carter Journalism Institute hosted a discussion on the 2008 financial crisis and how, if at all, it impacted our panel of top Wall Street journalists – both their outlook and their work. The discussion included Jesse Eisinger, ProPublica; Chrystia Freeland, Reuters; James B. Stewart, New York Times; and […]
Slight shift in Federal Reserve policy
The closely watched Federal Reserve meeting this week had some investors and journalists looking for changes to the bond-buying plans that have been in effect for much of the past year. And they got it with the Fed signaling that it might increase the purchases if necessary, a shift from previous statement they would remain […]
Ex-“Nightly Business Report” anchor lands radio gig
Tom Hudson, who had been co-anchor of “Nightly Business Report” until it was acquired earlier this year by CNBC, has gotten a job as a special correspondent for WLRN in Miami producing and hosting a series of programs on key economic issues for South Florida. The six, one-hour programs will air in May and June […]
Piecing together economic news
This week is a big one for economic news with housing reports, the Federal Reserve meeting and confidence numbers in just the first two days. The national news outlooks chose to focus on different pieces of the equation. While there’s no easy way to pull it all together, let’s take a look at what we […]
WSJ debunks itself on labor and disability
The Wall Street Journal has published an article on Monday that has debunked the myth that federal disability benefits are to blame for the shrinking labor force, a claim previously pushed by the paper itself, reports Hannah Groch-Begley of Media Matters for America. Groch-Begley writes, “An April 29 Journal article headlined “Real Culprit Behind Smaller […]
IMF warns on monetary policy
The International Monetary Fund issued a report warning to finance ministers cautioning against continued stimulus. Here’s the story from the Financial Times: Extraordinarily loose monetary policy risks sparking credit bubbles that threaten to tip the world back into financial crisis, the International Monetary Fund warned on Wednesday. In its global financial stability report, the fund […]
Bloggers and the economy
The annual Economics Bloggers Forum, held Friday, brings together leading economists and bloggers to share perspectives on the business of blogging and the most pressing topic of the day — the economy. The Kauffman Foundation is holding the forum to stimulate new ideas, new thinking, and new policies that support the entrepreneurship and innovation that is critical […]
Government revives probe into how biz media handled data
U.S. law enforcement officials have reversed a decision to wind down an investigation into how news agencies handle the release of economic data to investors, concerned some sensitive information may have leaked into financial markets. Timothy Ahman of Reuters writes, “The Wall Street Journal reported earlier on Wednesday that Thomson Reuters Corp, the parent of […]
Covering the budget proposal
President Obama unveiled Wednesday his $3.78 trillion budget proposal, which is destined to be picked over and debated. Let’s take a look at the initial coverage of the proposal. Here’s the story from the Wall Street Journal: President Barack Obama‘s $3.778 trillion spending proposal for next year incorporates for the first time a number of measures […]
