Business Coverage

They're back, they have their media water-carriers in place, and the Obama administration is smack dab in the middle of it. The United Nations is pushing for countries in the developed world to keep their "promise" to, in the worlds of Charles J. Hanley at the Associated Press,  "raise up to $100 billion a year in new money for poorer countries to cope with climate change and reduce their…

When MSNBC’s Chris Matthews starts to rationalize the American electorate’s temperate, get out of the way. On MSNBC’s Nov. 2 election coverage, “Hardball” host Chris Matthews offered his assessment of how the Democrats and President Barack Obama found themselves in such dire straits. He said it started with the left’s favorite boogeyman of the past, President George W. Bush. Video Below…

Assuming you’re a free-market oriented individual and you’re tuning into CNBC’s “Your Money, Your Vote” election coverage, this is probably not what you expected to hear. Anchor Carl Quintanilla asked CNBC “Mad Money” host Jim Cramer about the Tea Party movement, which by many measures is what has propelled a hugged Republican wave on election night. Video Below Fold

One of the more egregious results of the Democrat-controlled Congress skipping town without passing a budget, thus failing to address the issue of whether scheduled income tax increases will really go into effect for everyone, the highest income-earners, or no one at all, is that the Internal Revenue Service and employers have been left in the lurch with no idea of how to prepare for next year…

One day before what many say will be an historic election; CNBC appears to finally be embracing one of the most famous moments in the network’s history: A Feb. 19, 2009 “rant heard around the world” by CME Group floor reporter Rick Santelli, which is credited by many for igniting the Tea Party movement. Throughout the day on Nov. 1, CNBC aired a 30-second spot encouraging viewers to tune into…

This past week, we learned that it was another year, another dive for newspaper circulations: 5% for dailies, and 4.5% on Sundays, according to the Audit Bureau of Circulations. That's not as bad as some past declines, but it's still going the wrong way. As usual, they'll blame the Internet, and reject the possibility that persistent, pervasive bias and blind adherence to politically correct…

Someone should tell CNN anchor Ali Velshi that attacking the U.S. Chamber of Commerce for its political activities is so last week. During the “XYZ” segment of the hour he anchors of “CNN Newsroom” on Oct. 25, Velshi did his best impersonation of an MSNBC anchor and railed against the U.S. Chamber of Commerce for its political activities. Velshi lamented the barrage of negative advertising in…

In a report so riddled with errors, inconsistencies, incompleteness and sloppiness that it's really hard to know where to begin, Associated Press real estate writer Alan Zibel couldn't even keep his housing recovery benchmark remotely consistent with what it was only a month ago. The Census Bureau's September release of information about August housing starts and building permits informed the…

Only the New York Times could burn through 2,500 words about Japan's economy and not use the word "stimulus." The Old Gray Lady's Martin Fackler did refer to Fed Chair Ben Bernanke's just-announced second attempt to "stimulate" economy, but dodged the central lesson: The government created the Japanese people's malaise, and our government, despite Japan's experience, seems determined to do the…

Steven Rattner, the first Obama car czar who allegedly "bribed a political consultant to win business from New York's pension fund for his former investment firm," was extremely close this week to cutting a deal with the Securities and Exchange Commission (SEC), only to see that agreement held up this week to the intervention of New York Attorney General and Democratic gubernatorial candidate…

This paragraph from an Associated Press report by Christopher Rugaber on today's economic news should at a minimum strike readers as odd: A third report noted that prices at the wholesale level remained tame outside a sharp rise in food and energy costs. Excluding those two volatile categories, core wholesale prices rose just 0.1 percent, the Labor Department said. So we're left hanging…

Although experts from plenty of liberal-leaning news agencies agree that the Obama administration's complaint about the Chamber of Commerce allegedly spending foreign money on campaign issue ads is overblown, Time's Joe Klein is dead set on griping about the non-scandal. From his Swampland blog post yesterday: Karl Rove is a great American patriot, a genius, a statesman, even. And now he…

Liberals are so angry that conservatives are outspending them this election cycle, the president, MSNBC and left-wing bloggers have resorted to attacks on the U.S. Chamber of Commerce. Liberal website Think Progress, an arm of the George Soros-funded Center for American Progress, claimed that the U.S. Chamber of Commerce was soliciting foreign money and using it for political attack ads here…

So we’re back to this again? We’re 21 days out of the midterm elections and the media are back looking to capitalize on anti-Wall Street sentiments. On the Oct. 13 broadcast of NBC’s “Today,” host Matt Lauer referenced an Oct. 12 Wall Street Journal report to his guest, CNBC’s Jim Cramer, about Wall Street pay hitting a record $144 billion. Lauer, of course, just looked at the headline…