Business Coverage

Someone needs to tell the Associated Press's Jeannine Aversa and Christopher Rugaber that just because the number of unemployed people declines, it doesn't mean that they "found work." That must be what the pair believes. Their error-riddled and suspect supposition-driven Friday afternoon report, whose title predictably focused on the unemployment-rate drop while ignoring the pathetic…

Here's a modest proposal for liberals who say they support job creation: Stop smearing successful, law-abiding private companies whose values don't comport with yours. I'm looking at you, New York Times. Chick-fil-A is an American success story. Founded by Georgian entrepreneur Truett Cathy in 1946, the family-owned chicken-sandwich chain is one of the country's largest fast-food businesses.…

Ed Schultz on Tuesday spent a great deal of time blaming the crisis in Egypt on rising food prices tying commodity inflation to former President George H.W. Bush and Wall Street speculators. Not once in over fifteen minutes of air time were the name Bill Clinton or the two bills he signed into law that deregulated the financial services and commodity futures industries mentioned (videos…

Andrea Mitchell invited on DNC Chairman Tim Kaine, on Tuesday's Andrea Mitchell Reports, to announce the Democrats have picked Charlotte, North Carolina to host their 2012 convention but the MSNBC host couldn't resist hitting Kaine from the left as she scolded Democrats for selecting a right-to-work state. Mitchell, taking up for Big Labor, even challenged Kaine: "I defy you to find a labor…

As I've noted previously, the Washington Post has repeatedly buried stories about Steven Rattner's late legal woes with the SEC and then-N.Y. Attorney General Andrew Cuomo. The former Obama's "car czar," was accused last year of bribing "a political consultant to win business from New York's pension fund for his former investment firm." The liberal Democratic financier subsequently worked out…

It seems that Associated Press Business Writer David K. Randall made a bad call yesterday. But he only has himself to blame for engaging in what he should have known was wishful thinking. Shortly after the government's report on economic growth during the fourth quarter of 2010 came in with an annualized 3.2% reading, Randall put out this this short report: Stocks edge up after stronger…

To those who follow the news fairly closely and look at underlying reports, CNN's email alerts are sometimes entertaining. Much less frequently are the accurate and informative. Even though they tend not to realize it, those who don't follow the news closely and attempt to stay informed by relying on CNN's alerts are regularly deceived by the network that used to call itself "the most trusted…

The President that expanded the role, scope, and size of the federal government more than all that came before him or since is unquestionably Franklin Delano Roosevelt. Yet on Tuesday, moments after calling Congresswoman Michele Bachmann a "balloon head," MSNBC's Chris Matthews actually said FDR "bailed out capitalism in the '30s" (video follows with transcript and commentary):

In a Monday Associated Press dispatch, reporter Tom Krisher virtually celebrated the idea that Government/General Motors "may be Number 1 again," with happy talk of "dethroning" and "overtaking" Toyota. Nowhere did Krisher mention the inconvenient fact that Toyota's revenues dwarf GM's to the point where comparing unit sales is an absurd waste of time. Specifically:

Last Wednesday I wrote about a left-wing anti-Wal-Mart group in Washington, D.C. that published a flyer depicting a crosshairs on the Wal-Mart smiley face icon and called for a "march on the developer's house" in Northwest D.C. after dark on Thursday the 20th. [That flyer has since been scrubbed from the WalMartFreeDC.org website, but you can see a screen capture of it below the page break…

 On Sunday’s Good Morning America on ABC, during a discussion of President Obama’s upcoming State of the Union Address, as guest Mike Paul of MGP and Associates PR argued that Obama needs to talk about forming a "partnership" with businesses and cutting taxes, co-anchor Dan Harris fretted that there would be "political risk" in Obama getting too close to business. Harris: "Isn't there some…

For years, Democrats and their media minions have maintained that the economic boom of the '90s was caused by the fiscal policies of President Bill Clinton, in particular his 1993 income tax hike. Appearing on ABC's "This Week" Sunday, New York Times columnist Paul Krugman shockingly said what conservatives have been claiming all along (video follows with transcript and commentary):

Trick? Or "tweak"? On Friday, a Reuters report at CNBC noted the Federal Reserve's journey into the accounting and reporting twilight zone earlier this month. In doing so, it conducted a clinic in how to make unreality look acceptable and make a dangerous situation appear palatable. In the el bizzarro world at Reuters and those the wire service interviewed for its article: A change in…

I was reading Associated Press reporter Sam Hananel's coverage ("Unions see sharp membership declines again") of Uncle Sam's latest report on union membership, and I came to this paragraph about what happened with private-sector union representation in 2010: Union membership in the private sector fell from 7.2 percent to 6.9 percent, a low point not seen since the infancy of the labor…