Business

Job growth has been on a tear under President Donald Trump and the booming labor market helped narrow the unemployment gap for prominent minority groups. The networks just didn’t bother reporting it 95 percent of the time. Since the November 2017 jobs report, the unemployment rate for African-Americans or Hispanics dropped to all-time record lows seven times. The Asian-American unemployment rate…

How much would a Green New Deal cost? That’s the $93 trillion question some media outlets won’t ask. New estimates suggest the price tag of the climate and economic ideas contained in the Green New Deal promoted by Rep. Alexandria Ocasio-Cortez could cost $93 trillion, Bloomberg.com reported. That’s a very green deal, indeed. However, the evening newscasts ignored the new information about the…

Socialism causes “hellish” suffering and desperation for Venezuelans. But there’s been a major failure by the broadcast networks in their coverage of the South American country’s economic collapse. They’re not mentioning socialism, hardly at all.  

Economist Ben Stein provided a harsh reality check of socialism, as youth, politicians and the media turn ever leftward. His criticism of socialism and the Green New Deal sharply contrasted with recent liberal media reactions.

The stock market has been on the rebound in 2019, after what some called an “irrational sell-off” in late 2018. The network evening shows covered that “market meltdown” throughout the fall, but have spent a lot less time covering recent gains.

It’s been a week since Rep. Alexandria Ocasio-Cortez, D-N.Y., and Sen. Edward Markey, D-Mass., introduced a “Green New Deal” resolution promising massive government spending and no way to pay for it. The president and many others mocked it. Liberal presidential candidates endorsed it. An Ocasio-Cortez policy adviser denied to Fox News that the plan promised “economic security for people ‘…

Three distinct tax-the-rich proposals are being promoted by Democrats in Congress. Rather than provide a balanced look at those proposals and their potential impact, CNBC.com boosted the calls to raise taxes on the wealthy. A 9-minute, 37-second video published Feb. 8, cited the different “tax the rich” proposals of Rep. Alexandria Ocasio-Cortez, D-N.Y., Sen. Elizabeth Warren, D-Mass., and Sen.…

Journalism, particularly newspaper journalism, is a struggling industry — beset by lost advertisers and layoffs. Trust for media also “is at an all-time low,” according to the Knight Commission on Trust, Media, and Democracy. Forbes contributor Michael Posner reacted to the Knight Commission report urging a “domestic Marshall Plan for journalism.” He added that “democracy demands it.” The Knight…

Going “green” will require a lot of green, apparently. Two U.S. legislators have a proposal designed to require substantial changes to every building in the U.S., create rail “at a scale where air travel stops becoming necessary,” replace all “combustion engine-vehicles” within a decade, and guarantee everyone a “job,” higher education, “healthy food,” and much more.

If progressives get their way, it won’t matter how “f---ing bad” Bruno Mars and Travie McCoy want to be billionaires.They won’t be, and neither will anyone else. Now that democratic socialist Rep. Alexandria Ocasio-Cortez, D-N.Y., and others are publicly declaring “billionaires are bad” and a system that allows billionaires to exist is “wrong,” the far lefties in the news media are daring to…

Stocks “rebounded in spectacular fashion in January,” but anyone reliant on network news programming may not have noticed since the networks proved yet again to care far more about bad economic news. ABC, CBS and NBC evening news shows covered the bad news for stocks in December and January more than four times more than positive market news during that time (1,745 seconds to 422 seconds or 29…

January was a “blockbuster” month for job gains, in spite of the government shutdown. The 304,000 jobs added was nearly twice as many as the 172,000 forecasters anticipated. Only it didn’t appear that way on the broadcast evening news shows.

Sen. Elizabeth Warren, D-Mass., defended her call for an “ultra-millionaires” annual wealth tax as “how the system is supposed to operate,” and “part of the social contract” of America in a CNBC interview. Wait, since when did wealth redistribution and punishing the wealthiest by instituting a new tax to take $2.75 trillion away from them for what they’ve accumulated become part of the “social…

Media mogul and former Mayor Michael Bloomberg may or may not be running for president in 2020. But in either case he’s building what The Atlantic called “the most powerful political organization in America” designed to defeat President Donald Trump. He already has a tremendously powerful media empire. It includes TV, magazine, radio, online and industry publications. Bloomberg News publishes 5,…