Economy

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…

Prior to her "tear" question, which Mika Brzezinski asked only minutes before on MSNBC, CNN’s Kiran Chetry did direct one tough question to Hillary Clinton on Monday's "American Morning," concerning the Boston Globe’s endorsement of Barack Obama and the paper’s criticism of her campaign. "'The Boston Globe' endorsed Senator Obama, saying about you, in fact, 'her approach is needlessly defensive,…

As I said two weeks ago (at NewsBusters; at BizzyBlog): As an exemplar of a government-run enterprise stuck in the mud, it’s hard to come with a better example than what is happening in the area that was the subject of the infamous Kelo v. New London ruling in 2005. Nearly 2-1/2 years after the US Supreme Court ruled that the city could evict Susette Kelo and other holdouts from their homes, and…

This is up on Drudge at the moment: Yes, the viciousness is being directed at Democrats for not being spendthrift enough. It's too early to tell whether President Bush and congressional Republicans have outmaneuvered the Democratic congressional majority, but it's looking that way. Old Media doesn't like it, and their inability to successfully buck up their side, one bit. In the Washington Post'…

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…

According to ABC reporter Claire Shipman, dreary economic news and a slow Christmas could be a real plus for the Democrats. Filing a segment for Wednesday's "Good Morning America," Shipman lamented, "It may be that no amount of hall decking can convince Americans to be jolly about the economy this holiday season." However, the GMA correspondent saw good news in this for the Democrats. She…

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…