Business Coverage

A new poll released Wednesday gave extraordinary evidence as to how continued negative reports from a bearish media have impacted the public’s view of the economy. As reported by Reuters (emphasis added): Two-thirds of those surveyed, 66 percent, said the direction of economic policy was fair or poor. Yet, these same folks are very optimistic about their own economic condition:

When Matt Lauer introduced a segment on the booming stock market by asking "is the rising tide lifting all boats?" I braced myself for another MSM excursion into class warfare. But surprise, surprise . . . CNBC's Erin Burnett narrated the segment, and her opening also made me figure we were in for more bash-the-rich rhetoric. "Another day, another record on Wall Street . . . As stocks rise…

On today's "Your World with Neil Cavuto," the host devoted a portion of his mailbag segment to viewers from across the fruited plain telling Cavuto of their local media outlets had ignored or downplayed yesterday's stock market closing. Cavuto noted that in contrast, a large market correction in February was blared on the front pages of the nation's largest broadsheets. Video (2:26): Real (1.77…

Apparently, “CBS Evening News” thinks it shouldn’t be your responsibility to remember to balance your checkbook. Anthony Mason’s July 11 report bashed banks for *GASP* profiting from overdraft fees.“Banks are cashing in on overdrafts, raking in more than $17 billion in fees last year, according to the Center for Responsible Lending” said Mason.The segment, called "Hidden Charges," did not include…

So much for recycling as a perfect save-the-planet solution …It seems recycling may be deadly, according to the CBS “Evening News.”“The business of recycling is a big part of the reason people are piling their trucks full of junk,” said CBS News correspondent Sandra Hughes on the July 11.

Under the guise of "food safety," USA Today called for stricter regulation and more labeling of foreign food.A sidebar to the newspaper's cover story on July 11, cited two left-wing food police groups supportive of more country-of-origin-labeling (COOL), but buried opposition until the last paragraphs."Will knowing where food comes from make it safer?" asked USA Today's Elizabeth Weise before…

Pity the journalist who dares accuse Michael Moore of “fudging” facts. Dr. Sanjay Gupta offered a “SiCKO” reality check for CNN viewers, and CNN brought Michael Moore on “The Situation Room” to rebut the segment.“That report was so biased, I can’t imagine what pharmaceutical company ads coming up right after our break here,” Moore lashed out against Wolf Blitzer on July 9.Apparently in Moore’s…

Drop that Deer Park bottle because with "every sip" you are "hurting the environment."ABC "World News Sunday" bashed bottled water, and barely included industry representation in a segment about a California restaurant that has stopped serving bottled water.Eric Horng's July 8 report reinforced the decision of Chez Panisse to stop selling bottled water and lectured viewers about the…

Today's release of the Institute for Supply Management's Non-Manufacturing Activity Report, which measures business conditions in the 86% of the economy other than manufacturing, came in with a reading of 60.7, after recording a 59.7 last month. As has been customary, the report whipped the pants off of "expectations." This Thomson Financial article at Forbes predicted a decline to 58.1 instead…