Business press wrong about weather and oil prices
TheStreet.com’s Marek Fuchs points out that Reuters and the Associated Press are getting it wrong when tying changes in the weather to prices for crude oil in the commodities market. Fuchs wrote, “Let’s start with a headline from this morning, careful not to ensnare our pant leg on too much nonsense. Reuters, in its infinite […]
Press declares that housing slump is over
Marek Fuchs of TheStreet.com points out that the business media have begun writing about the housing market as if it’s about to turn around when that may not be the case. Fuchs wrote, “The Business Press Maven is always highly critical of the business media for allowing a pattern of three to qualify as a […]
Amazon headline writers taking company's word
TheStreet.com’s Marek Fuchs writes that headline writers this morning are simply taking Amazon.com’s word for its revenue during the Christmas shopping season. Fuchs wrote, “Take the headlines written about Monday’s Amazon announcement, which in most cases appear to be just that: headlines superimposed on Amazon’s announcement. In this holy season, I thank God that at […]
The most worthless line ever in business journalism
TheStreet.com’s Marek Fuchs was all beside himself after listening to a National Public Radio “Marketplace” segment on what the election results will mean to the stock market. Fuchs wrote, “It opens with the lead-in from the host, ‘For some on Wall Street, gridlock is not such a bad thing.’ “At that, The Business Press Maven […]
Fuchs: Retail sales coverage all over the place
TheStreet.com’s Marek Fuchs notes that recent coverage of July retail sales data was all over the place, with some business journalism outlets reporting that sales were affected by the hot weather and others stating the complete opposite. Fuchs wrote, “Let’s start at the beginning of the alphabet with the Associated Press. They told us that […]
