Bloomberg

Bloomberg Businessweek ran a front-page attack on the NRA for its March 18-25 edition. Much of the story was spent interviewing the owners of the Mossberg gun factory from New Haven, Conn., who find the NRA’s position “ill timed and graceless.” According to the article, not all gun makers take as strong of a position on gun control regulation as the NRA does, but those who disagree are afraid…

There's a reason why Media Research Center sister site CNS News had to put out a story about how much the government has spent so far this year -- $1.505 tillion -- after Wednesday's release of the February Monthly Treasury Statement: Two of the three major wire services failed to report that obviously important number, and the third saved it for their writeup's final sentence. What follows…

Liberal columnists don't need much information to brand Republicans as extremists. Among their meager requirements are an analogy taken out of context or a false extrapolation of something a GOP official said. A recent example of this is an article by Bloomberg News Washington editor Al Hunt, who twisted a remark made by Rep. Steve King to declare the Iowa Republican a “fringe fanatic”…

Appearing on Friday's Andrea Mitchell Reports on MSNBC to discuss the upcoming budget sequestration, Bloomberg View columnist Margaret Carlson touted President Obama's ability "to manipulate some of these cuts so that they're going to hurt and people are going to see them," in order to put pressure on congressional Republicans. [Listen to the audio or watch the video after the jump] Carlson…

On Friday, Renee Dudley at Bloomberg News exposed the contents of February 12 internal emails revealing that Walmart executives are worried -- very worried -- about sales during the first 10 to 14 days of the its most current fiscal period (mostly likely either the first 10 days of February if the company works with calendar months, or 14 days if it began the second period of the fiscal year on…

Following the governmemt's Employment Situation Summary yesterday, two words were noticeably absent at the Associated Press (here, here, and here), Bloomberg, Reuters, CNBC, and the New York Times: "seasonally adjusted." While they told their readers of the number of jobs supposedly added in total (157,000) and in other sectors, the fact remains that in the real world, before seasonal…

For the second week in a row, actual (i.e., not seasonally adjusted) unemployment claims as reported by the Department of Labor came in greater than the analogous week in 2012.  At the same time, and also for the second week in a row, the department's seasonally adjusted claims number -- the only one the business wire services ever specifically identify in their reports -- came in lower. In…

None of the three major wire services covering today's report from the Department of Labor on initial unemployment claims is reporting the major news: For the first time in a long while, actual claims filed during the most recent week ended January 12 were almost 6 percent higher than the number filed during last year's comparable week, an indication that the current employment market may be…

There has been no shortage of deceptive ads, factually-distorted statements, and outright fabrications from the political left over the campaign year to choose from, but leave it to the Tampa Bay Times's PolitiFact to give its "Lie of the Year" award to the Romney campaign. The now infamous "falsehood" in question was Romney's claim that Jeep was planning on moving production of some of its…

Today's news from the Department of Labor on initial weekly unemployment claims was supposedly good -- as long as one doesn't scratch beneath the surface. Journalists used to do that. Today they didn't. All one had to do is reach the third paragraph of DOL's release to realize that today's seasonally adjusted claims number of 343,000, touted as the lowest in two months in several news reports…

The first entirely post-election reading from the University of Michigan-Thomson Reuters consumer confidence survey came out on Friday. It was awful. As reported at MarketWatch, the overall index "fell to 74.5 from 82.7 in November," far below expectations of 82.0, representing "the biggest one-month drop since March 2011." Zero Hedge noted that it's the "biggest miss on record" compared to…

Proudly claiming the legendary outlaw Robin Hood as their inspiration, liberal groups and past Occupy Wall Street supporters are pushing for a “Robin Hood Tax” on corporate transactions. George Soros’s Open Society Foundation, Bill Moyers’s Schumann Center for Media and Democracy and the liberal Tides Foundation and Proteus Fund have given over $4 million to organizations that support the tax,…

CEO Sergio Marchionne of Fiat, the parent company of the U.S. government bailed-out Chrysler, got two unexpected and undeserved breaks from Craig Trudell at Bloomberg yesterday. The first was the story's presidential election-driven focus in its headline ("Chrysler CEO Reiterates Jeep Production Staying in U.S.") and first five paragraphs on Fiat's plans to manufacture vehicles in China for…

Yesterday, Bloomberg News reported that Fiat "is considering building Chrysler models in Italy, including Jeeps, for export to North America." Today, that news became real when company CEO Sergio Marchnionne announced, in Bloomberg's words (in paragraph 6, subtitled "Italy's Jeep"), that it will "build a small Jeep in Italy for export beginning in 2014 ... a new model for Europe and the U.S.…