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 […]
Center for Public Integrity hires two biz journalists
The Center for Public Integrity is investing in the coverage of finance with two new hires. Alison Fitzgerald, a 2009 Polk Award winner, author and longtime Bloomberg economics and enterprise reporter, will oversee the Center’s financial coverage as well as much of its state money-in-politics work. She is joined by Dan Wagner, who comes to […]
Housing begins to rebound
Good news for homeowners who have made it through the last several years and were able to hang onto their homes. Prices are going up, giving them more equity for the first time in years. Here’s the story from Bloomberg: More American homeowners will be able to use their properties as cash machines again after real estate […]
Yet another European crisis
Just when you thought it was safe to stop worrying about Europe and move onto other concerns, Cyprus decides to go and remind everyone that the world economy isn’t as robust as we all might wish. Here’s the story from the New York Times: Leaders in Cyprus and Brussels and elsewhere in Europe scrambled Monday […]
Retail sales jump, but by how much?
The fact that retail sales were up 1.1 percent made headlines in the major business papers and web sites. But the placement of the so-called core number, the one most watched by economists and other market analysts, in various stories is something to note. The New York Times put the core number in the fourth paragraph […]
Jobs still top of mind
Jobs and the reports tracking them seem to still be tops of mind for business publications these days. I realize that we just talked about this last week, but there were several interesting coverage during the weekend. From the New York Times, which just a few days before ran a front page story saying companies still weren’t […]
Mixed message on jobs
A well-watched jobs report was better than expected Wednesday, but the anecdotal news for those looking for work wasn’t so good. First, let’s look at the ADP report from this Wall Street Journal story: Private businesses added new employees in February at a faster pace than economists expected, according to a tally of private-sector hiring […]
Student loans: Only investors seem to want them
Nearly everyone I know has student loan debt. Those who don’t are lucky and already paid it off. I can maybe name the people on one hand who have not owed money for the privilege of earning a degree. It seems that now investors are also more willing than ever to get in on the […]
