Fed considering news conferences

Neal Lipschutz, the managing editor of Dow Jones Newswires, writes that the Federal Reserve is considering holding news conferences, which would dramatically change how the central bank is covered. Lipschutz writes, “Back to the press conference idea. They should be more frequent than simply occasional, the theoretical time frame mentioned in the minutes. The Fed is a […]

Economy now top media story

The U.S. economy supplanted the midterm elections atop the mainstream news agenda last week for the first time in two months, according to a report from the Pew Research Center’s Project for Excellence in Journalism. Mark Jurkowitz from the project writes, “From November 8-14, the economy accounted for 15% of the newshole according to the […]

Didn’t blow the whistle loud enough

Marylynne Pitz of the Pittsburgh Post-Gazette interviewed New York Times business journalist Andrew Ross Sorkin about the current economic crisis and asked him about whether business journalism did its job. Pitz writes, “‘Part of our job, arguably, is to blow the whistle. Therefore, we didn’t blow the whistle loud enough,’ the author said. ‘If you […]

On the other side of the story

Chip Jones, who was a business reporter for the Richmond Times-Dispatch from 1993 to 2007, writes for the paper about what is was like to see the unemployment story from the other side — as someone in the unemployment line. Jones writes, “During more than two decades as a newspaper reporter, I interviewed dozens of […]

Economics coverage and the New York Times

Two University of Manitoba economics professors are about to release a book assessing the economics coverage in The New York Times that could change many people’s perceptions about how the paper of record writes about the economy. “The Gatekeeper: 60 Years of Economics According to the New York Times” is written by Robert Chernomas and […]

WSJ names new economics news editor

Wall Street Journal managing editor Robert Thomson sent out the following announcement Monday afternoon: I am delighted to announce the promotion of the sedulous but not credulous Brenda Cronin to Economics News Editor of The Wall Street Journal. In her new role, as part of the US News Desk, Brenda will work closely with David […]

Fox Business files motion to block banks

Fox Business Network has filed a motion to block the banking industry from being a party in the network’s lawsuit to obtain documents from the Federal Reserve, reports Dunstan Prial of Fox Business. Prial writes, “Some of the biggest U.S. banks, through a trade group called the Clearing House Association, appealed a lower court’s decision […]

Ratings plummet for CNBC's Kudlow show

Business news network CNBC has tended to ignore its after-hours business line-up in favor of its daytime programming, but perhaps it should start paying closer attention to Larry Kudlow’s show, “The Kudlow Report,” which appears during the week at 7 p.m. The show hosted by the supply side economics guru is one of the worst […]

Salmon to blog about fiscal, economic coverage for CJR

Well-known Reuters financial blogger Felix Salmon has been named the Columbia Journalism Review‘s Peterson Fellow, which means he will be writing on the media’s coverage of fiscal and economic matters. Dean Starkman, who oversees the Review’s coverage of business and economics journalism, writes, “Funded by the Peter G. Peterson Foundation, the Peterson Fellowship was created […]

Bloomberg launching newsletters that will cost $2,000/year

Andrew Edgecliffe-Johnson of the Financial Times writes in Monday’s paper about Bloomberg L.P. launching a series of newsletters that will cost subscribers $2,000 per year. Edgecliffe-Johnson writes, “A daily economics newsletter and three weekly titles covering hedge funds, mergers and structured notes have been available for free to customers of the Bloomberg Professional terminal service […]