Stock Market

While Wednesday’s CBS Evening News was the only broadcast newscast to report on the stock market’s rally following a breakthrough with coronavirus-fighting drug Remdesivir, they threw cold water on anyone who dared to have hopeful thoughts about the economy improving.

Leave it to CNN Chief White House Correspondent Jim Acosta to look for any opportunity, even a coronavirus-induced oil crash, to get in an amateurish zinger at the president. When the price of U.S. oil crashed below $0 to mark the lowest level for a contract on record, Acosta took to Twitter to find an older April 2 Trump tweet to prepare his one-liner.

Former Defense Secretary Donald Rumsfeld once cautioned newcomers to learn from those who held the same positions before. “Try to make original mistakes rather than needlessly repeating theirs,” he said. Harry Kazianis should have taken Rumsfeld’s advice before writing this annoying paragraph on April 2: "The rapidly worsening pandemic is shaping up as the defining challenge of the Trump…

Liberal outlet Politico exploited the coronavirus-induced "economic meltdown" and translated it into a political tool to be used by Democrats against Republicans to win races in Texas. In an absurd story headlined, “Economic meltdown gives Democrats new hope in Texas,” Politico bleated that “The twin economic shock of the coronavirus pandemic and a collapsing oil market has upended the political…

As the fear of the Wuhan Coronavirus drove the market downturn, MRC Latino analyzed the economic coverage for the four most viewed Spanish News networks in the US (Noticiero Univision, Noticiero Telemundo, CNN en Espanol, and Noticiero Estrella TV) from February 25 through March 24, 2020. 

It looks like one big-name businessman isn’t allowing the coronavirus to dim his hopes on America’s economic strength. The Hillary Clinton supporter, billionaire Shark Tank star and Dallas Mavericks owner Mark Cuban stated in an economic-based interview on a Fox News podcast (Fox News Rundown ) that “We've had a taste of socialism right now ... giving money and redistributing wealth ... that's…

A friend tweeted from Ireland (in time for St. Patrick's Day), blaming President Trump for the major decline in the value of stocks. This same friend credited Barack Obama's economic policies when the Dow Jones Industrial Averages approached 30,000. This -- and more -- is part of our political, economic and medical divide with mixed messages coming from supposed professionals, amateurs and people…

When the economy gets you down, just throw truckloads of taxpayer cash at it. At least, that’s what MSNBC Anchor Chris Hayes says Congress should do. Hayes sent out his policy prescription on Twitter in the early morning of March 13: “I increasingly convinced we need Congress to pass a trillion dollar stimulus in the next week, focused on people not industry bailouts. Probably best just direct…

Well, that certainly did not go as planned.NeverTrumper and “Republican political strategist” Rick Wilson made a sorry attempt to play gotcha over the coronavirus-induced market dip March 9, by sharing a tweet the same day that appeared to be from President Donald Trump in 2015. The tweet he shared called for the punishment of a sitting president if the Dow Jones Industrial Average fell “more…

Looks like the liberal blowhard HBO comedian Bill Maher may be getting his wish. Maher had been begging for a market crash and recession to occur in hopes it would oust President Donald Trump from the White House. In 2018, he sniped, “I feel like the bottom has to fall out at some point, and by the way, I’m hoping for it because I think one way you get rid of Trump is to crash the economy.”

On Friday morning, the Bureau of Labor Statistics reported the economy gained 273,000 jobs in February, well above economist predictions, and the unemployment rate fell from 3.6 percent to 3.5 percent. Wage growth ticked up slightly to 3 percent for the year. But Friday night's newscasts either skipped this news (NBC) or downplayed it as stocks continued to decline (ABC, CBS, PBS). 

Leave it to the liberal media to take the good news of the February jobs report and try to throw cold water on it as quickly as possible by pounding on coronavirus fears. MSNBC's Maddow Blog, NBC News, The New York Times and The Washington Post all wrote liberal spin stories on the latest jobs report by the Bureau of Labor Statistics. The job numbers showed that the economy added a whopping 273,…

So how did that March 2, “economic shutdown” work out for actress Patricia Arquette? On Monday, the Dow Jones Industrial Average spiked 1,294.3 points, for its “biggest point gain ever,” according to CNBC. But that wasn’t all. The S&P 500 also had its “biggest point gain ever.”