Business Coverage

Wow, just wow. Never would have seen this one coming, but is one of the standard-bearers of the media elite recognizing the Obama administration's anti-business populist tone is inhibiting the U.S. economy? On the June 18 broadcast of CNBC's "Squawk Box," NBC "Meet the Press" moderator David Gregory was asked to respond to a June 18 New York Times article by David Sanger suggesting the Obama…

With the federal government - both on Capitol Hill and in the White House - beginning to take investigative and punitive action against BP (NYSE:BP), the future of the company, at least in the United States, is in peril. On CNBC's June 14 "The Kudlow Report," John Kilduff, a CNBC contributor and the vice president of MF Global was asked by host Larry Kudlow about a potential debarment from…

On Friday, Investors Business Daily (IBD) reported on leaked government documents identifying what employer-provided health plans can and cannot do if they wish to retain their "grandfathered" status under the statist health care legislation commonly known as ObamaCare that became law on March 23. One of the items in the government document (83-page PDF) is the following table, which estimates…

Earlier this year, in his "Can we lose health coverage? Yes we can" column, syndicated columnist Deroy Murdock made a point asserted in dozens if not hundreds of columns and reports during the hide-and-seek legistlative process that ultimately led to the passage of what is commonly known as ObamaCare: The President's core promise relating to the statist health care legislation that ultimately…

The establishment press is either getting tired of being beaten up over using the U-word ("unexpectedly," or sometimes "unexpected") to the point of excess when economic news disappoints, or has itself wearied of using the word. Here's the Associated Press's Martin Crutsinger on today's retail sales report letdown, courtesy of the Commerce Department. The bolded sentence seen after the jump is…

In an article published yesterday afternoon, CNBC news associate Joseph Pisani took note of something the rest of the media mostly hasn't, or at least hasn't highlighted: the terrible job market for teenagers. The headline and text indicate that this is the worst such market in 41 years. That's true, based on the stat Pisani presented. But barring a near miracle in the next three months, in terms…

In a Wall Street Journal op-ed today, George Mason University economics professor Daniel Klein today notes that "self-identified liberals and Democrats do badly on questions of basic economics." It therefore shouldn't be terribly surprising that so many journalists do a poor job of economic and business reporting, because, as the Media Research Center has frequently and consistently documented…

The American lawyers who flock to Guantanamo Bay to represent captured terrorists are simply fulfilling their duty to provide representation, it is often argued by those who seem to enjoy mucking up efforts to curtail future terrorism. But once representing the American beverage giant Coca Cola makes Attorney General Eric Holder a “corporatist” who’s going to “do the Devil’s work” and only “…

British Petroleum's (BP) reputation has been marred by the April oil rig explosion and subsequent oil spill which is still gushing more than 40 days later. But according to The Washington Post, the reputation of some left-wing environmental groups has also been polluted by the incident. "[T]he Nature Conservancy lists BP as one of its business partners. The Conservancy also has given BP a…

Yesterday at the American Enterprise Institute's Enterprise Blog, Steven Hayward had a great post about the history of electric cars, and the press's unrequited love affair with electric vehicles (picture at right is of the $108,000 2010 Zedomax). Yum. But first I'll start with a bit of my own research. On May 7, 1994, Paul Feldman at the Los Angeles Times led with the following two paragraphs…

"Law & Order," the popular courtroom drama that concluded its 20th and final season May 24, is a primetime TV legend. But the show that boasted its stories were "ripped from the headlines" often provided its viewers a distorted reality in which businesspeople were mostly portrayed as villains. The Business & Media Institute examined "Law & Order," along with other television…

Investors Business Daily called attention to an alarming story that goes back to Sunday, May 16 in a Monday evening editorial. A protest noticed by the target's next-door neighbor who happened to be home at the time, namely journalist Nina Easton (who also took the photo at right), occurred in a Metro DC suburb in Maryland marked the next round of a national labor union's attempt at persuasion…

Why is Oklahoma's economy more than OK these days? The latest piece of evidence supporting that truth arrived on Friday, when Uncle Sam's Bureau of Labor Statistics released April's Regional and State Unemployment Summary. The report tells us that Oklahoma had a seasonally adjusted unemployment rate of 6.6% last month. That's far lower than the 9.9% reported for the entire USA two weeks ago. No…

"What the hell is wrong you you people?!"That's essentially what PBS "To the Contrary" host and US News & World Report contributor Bonnie Erbe wrote in her May 19 Thomas Jefferson Street blog post "Congress Handling the Gulf Oil Spill Crisis Better than Most Americans.""Although the Gulf spill has lowered the percentage of Americans who support offshore oil drilling, a new Pew Forum poll…