OLD Media Moves

Reuters’ Fed reporter is leaving

November 6, 2013

Posted by Chris Roush

Pedro da Costa, an economics and Federal Reserve Board reporter for Reuters, announced Wednesday that he is leaving the news service.

In an email to his colleagues, da Costa wrote:

I will miss and always cherish the place and people that turned me from a just a kid trying to make it New York City into a journalist who can say he spent nearly 13 years at one of the coolest, most unique news organizations in the world.

The subject line of da Costa’s email was: “Command comma T: I’m out.”

In the old Reuters DOS-based publishing system, known as Decade, staffers would hit the command key, which is the “~” button, then the comma, then lowercase “t.” That would sign you out of the system.

Da Costa also spent six years covering the markets for Reuters. He has a bachelor’s degree from the University of Chicago and a master’s degree in international relations from the University of California, San Diego.

In 2001, he received a Deadline Club Award for Online Enterprise Reporting from the Society of Professional Journalists’ New York chapter for “The Ties that Bind at the Federal Reserve,” which exposed lucrative leaks from Fed insiders to former staffers in the private sector and led to an official policy change at the central bank.

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