Business Coverage

During Wednesday's CBS This Morning, the usual slate of hosts -- Charlie Rose, Gayle King, and Norah O'Donnell -- were swooned and captivated by an illustrious billionaire CEO dipping his pen into national politics. No, this businessman is not Donald Trump for once, it was Marc Benioff, CEO of Salesforce, which recently threatened to move its North Carolina offices and assets out of the state…

Liberals often decry corporate greed, but a new report showed that the largest corporations donated $4.8 billion in charity. Three of the highest donating firms were typical media targets: Exxon, Walmart and Goldman Sachs. 

On a bit of an anti-business rant, the CBS Person of Interest episode “A More Perfect Union” takes a couple of swipes at free enterprise capitalism and evil, greedy businessmen.

Three offensive elements pervaded the Associated Press's Monday coverage of Hillary Clinton's statement that she will put her husband "in charge of revitalizing the economy." The first was how AP reporters Lisa Lerer and Catherin Lucey decided to resurrect the infamous "2-for-1 offer" then-presidential candidate Bill Clinton campaigned on in 1992 — an especially weak move, given its real-world…

Democratic presidential frontrunner Hillary Clinton believes we're supposed to be impressed by the idea of putting her husband Bill, in the Associated Press's words, "in charge of revitalizing the economy." Yep, the old "2-for-1" offer from the early 1990s is back. In 1993, President Bill put First Lady Hill in charge of health care. Fortunately, nothing tangible resulted, but we did get an…

In mid-April, as I noted in a NewsBusters post, the Associated Press, apparently desperate to find any kind of good economic news that might offset the impact of an awful national industrial production report from the Federal Reserve, cited a positive manufacturing survey from just one state to claim that "goods production in the U.S. could be stabilizing." Lo and behold, yesterday that same one…

The establishment press has given an open mic to proponents of raising the minimum wage nationally, and has cheered $15-per-hour legislation passed in California and New York earlier this year as "historic." The silence from those same quarters, e.g., the Associated Press, the New York Times and others, is deafening now that one of the predictions of those who have criticized such sharp…

In case you didn't get the message the first or second time around, the Washington Post wants you to hear it again: Cool your complaints about the weak U.S. economy, because it's your fault. To be clear, the problem is primarily with the Post's headline — "The economy’s real drag: Us" — than with Robert J. Samuelson's content, which at least gave American consumers credit for having "sobered up…

Donald Trump’s rise as a presidential candidate has prompted many political observers to blame TV outlets for giving him historic amounts of free air time. While it’s true the media have overwhelmingly focused on Trump in their coverage during the current election cycle, there is another media phenomenon at play. NBC has spent more than a decade building his brand as a successful businessman of…

Almost any time a government agency or program fails to perform, those involved complain that they don't have enough money to properly do their jobs. Unless the matter involves national defense, the press gullibly swallows their contentions. The Transportation Safety Administration is the latest case in point. Lines at airport security checkpoints are already getting noticeably longer, and we…

That the establishment press despises New Media isn't exactly breaking news, but a lesser-known subset of that tension has just become more visible. As usual, an Old Media outlet is the smear merchant, and the New Media site has the upper hand on the truth. Mainstream business journalists really despise the financial and economics blogs which puncture the insufferable "the economy is just fine"…

On Thursday, shortly after the government estimated that the economy only grew at an annual rate of 0.5 percent in this year's first quarter, Jeffry Bartash at Marketwatch.com commented on the especially weak performance in nonresidential business investment. That category subtracted 0.76 points from GDP, the worst result since the second quarter of 2009, during the recession. Bartash,…

Venezuela's hyperinflationary economic crisis has gotten worse in one very important and apparently unprecedented sense than even the one seen in Weimar Germany in the 1920s. Yet the Associated Press and the New York Times apparently have no interest in telling their readers, listeners or viewers about it. In the post-World War I German Weimar Republic, the situation became so out of control…

The editorialists at Investor's Business Daily have reported on the results of an important study by several George Mason University Mercatus Center economists showing what regulations have cost the economy in economic growth since 1980. The establishment press, which has been singularly uninterested in reporting anything that has to potential to slow the regulatory leviathan down — y'know,…