Business Coverage

In 2005, I sensed that journalists in general prefer to call this time of the year in commerce that of "holiday shopping" instead of "Christmas shopping," but that when it came to people losing their jobs, they preferred to describe layoffs as relating to "Christmas."My instincts were proven correct that year and in 2006, so I chose to track the same items this year to look for any noticeable…

Since the stock and credit market turbulence began in July, NewsBusters has been informing readers that media continually predict recessions that never happen.On the sad flipside, bearishness in the press can become so pervasive that an economic downturn ends up being an unfortunate self-fulfilling prophecy.NewsBusters affiliate the Business and Media Institute made this very point in a late-…

When Larry Summers suggested in early 2005 that, as paraphrased by Slate's William Saletan, "innate differences between the sexes might help explain why relatively few women become professional scientists or engineers," the outcry was immediate, furious, and went to saturation level virtually overnight. The controversy ultimately led to his resignation a year later as Harvard President. On…

You know all that nonsense the media have been spewing that the Bush tax cuts caused the rich to get richer and the poor to get poorer? Well, the Internal Revenue Service and the Congressional Budget Office have published tax and income numbers for 2005, and the press couldn't be any more wrong. In fact, it's almost as if the media get their data from Democrat presidential candidates, and…

If you watched the news in the last 24 hours, you'd think women's clothing sales were the barometer for the economy. All three major networks reported a 6-percent decrease in women's apparel sales this holiday season, calling the figure "ominous," "worrisome" and "a big deal." The only problem is that the corporation reporting the figures, Mastercard, didn't say it was that big of a deal. In fact…

You'd hardly expect the chief Washington correspondent of business channel CNBC to negatively stereotype economic conservatives. But appearing on today's Morning Joe, the urbane John Harwood did just that.View video here.JOE SCARBOROUGH: [Huckabee is] a different type of evangelical. It's not the evangelical in American politics that's traditionally been very conservative economically. Obviously…

What is it with Hollywood liberals and their penchant for messing with my childhood heroes by making them shills for liberal storylines. First "GI Joe." Then "Knight Rider." What's next, "The A-Team"? Maybe. (h/t Perez Hilton)Variety reported yesterday that John Singleton is on board to direct a silver screen adaptation of the 1980s TV action drama "The A-Team." This time it sounds like oil…

That's right folks, it's that time of year. There was plenty of economic bias in 2007 and the Business & Media Institute had a hard time whittling it down to just a top 10 list, but we did it.10. Airlines are solely to blame for the unfriendly skies.Media myth: Blame the airlines for all those flight delays; never mind the obsolete government-run agency creating the gridlock.9. Consumer…

Hillary Clinton's performance in her interview with Maria "Money Honey" Bartiromo of CNBC last week was so bad that she must have sent a double (stop shivering at the thought, will ya?). After all, the genuine Smartest Woman in the World couldn't possibly have said the things she said, as noted at Rush Limbaugh's site last Thursday. It got so bad that Bartiromo, who seemingly has barely cracked a…