USA Today hires Mullaney to cover economy

TALKING BIZ NEWS EXCLUSIVE Tim Mullaney, a former reporter for BusinessWeek and Bloomberg News, has been hired by USA Today to cover the economy. Mullaney, who has been freelancing for USA Today in the past few months, will start his new job on Dec. 19. Mullaney will play a lead role in covering Europe’s debt […]

Bloomberg editor responds to Fed chairman, praises more openness

A day after Federal Reserve chairman Ben Bernanke wrote a letter criticizing Bloomberg News for its recent coverage of the agency, Bloomberg editor in chief Matthew Winkler responded in a column by thanking the chairman for opening the dialogue more but asked for more disclosure. Winkler wrote, “Those disclosures, the first of their kind by […]

Bloomberg wins in smackdown with Fed

Felix Salmon of Reuters comments about the letter the Federal Reserve Board sent out Tuesday claiming “egregious errors” in coverage by Bloomberg News and how the news organization used it to its advantage. Salmon writes, “Bloomberg did not let the opportunity go to waste. It’s clearly the main object of the Fed’s ire, but because […]

Bloomberg News to Bernanke: Ben, you ignorant slut

Bloomberg News has responded to a letter that Federal Reserve chairman Ben Bernanke sent to four lawmakers that stated the news service’s coverage of the Fed’s lending program during the economic bailout contained “egregious errors.” In a posting on Bloomberg.com, Bloomberg editor in chief Matt Winkler said that the news organization stood by its coverage. […]

Can media coverage hurt the economy?

Rick Montgomery of the Kansas City Star writes this past weekend about whether media coverage of the economy can make it harder for the economy to recover. Montgomery writes, “Perhaps none of this relates to anything but simple sense about what makes news: When our economy seems to start correcting itself from freefall — as […]

Media downplay pay raise for nearly one-fifth of population

Hal Morris, writing on his GrumpyEditor.com blog, notes that the mainstream media underplayed the announcement earlier this week that cost-of-living increases had been given to those receiving Social Security benefits. Morris writes, “An extensive survey of U.S. newspapers by Grumpy Editor uncovered few dailies yesterday placed the COLA story on front pages. “Among those that […]

Economy continues to top news hole

The U.S. economy topped the news last week, powered in large part by increasing attention to the Occupy Wall Street protests, according to data from the Pew Research Center’s Project for Excellence in Journalism. Mark Jurkowitz of the Pew Center writes, “From October 10-16, the economy filled 24% of the newshole, up slightly from 22% […]

TV news stories on jobs ignore unemployment data

Julia Seymour of the Business & Media Institute reports Thursday that more than three-fourths of the September jobs stories (77 percent) on broadcast television didn’t mention the 9.1 unemployment rate at all. Seymour writes, “Several stories put a positive spin on the horrendous jobs situation and only four stories mentioned that more than 14 million […]

Defending Mark Zandi’s use by business journalists

Adam Davidson of National Public Radio defends the use of Moody’s economist Mark Zandi by business journalists in the wake of Columbia Journalism Review‘s Ryan Chittum commenting that he’s been quoted an awful lot in the media this year. Davidson writes, “He does one of the most widely followed economic forecasts. That forces him to […]

Washington Post to launch economic policy blog featuring Ezra Klein

The Washington Post will launch Wonkblog, a new online feature combing reporting and analysis on economic and domestic policy, on Tuesday. An outgrowth of Ezra Klein’s popular policy column, Wonkblog will provide news updates, interviews and analysis throughout the day with reporting by policy writers Suzy Khimm, Sarah Kliff and Brad Plumer, and continued reporting […]