Business Coverage

As part of a piece on Friday’s CBS This Morning about the opening of the first freestanding Chick-fil-a in New York City, correspondent Vladimir Duthiers couldn’t help but harp on the company’s conservative Christian values and how they had to supposedly draw customers back “in 2012 when those values ran afoul of public sentiment” after “CEO Dan Cathy affirmed his support for tradition marriage.”

Conservative filmmaker Phelim McAleer has a new film challenging Josh Fox and his claims about hydraulic fracturing. McAleer’s GasHoax will be released on October 1, the same day as Fox’s latest short film, GasWork, will be aired on MSNBC. The head-to-head match up is intentional. McAleer said GasWork is “a zero credibility film because it comes from filmmaker Josh Fox who has a history of…

August's seasonally adjusted Pending Home Sales Index value contained in the related press release from the National Association of Realtors was the lowest in the past five months, and 2 percent below April's level. Disclosing the size of the recent slump apparently wasn't considered important at the Associated Press, aka the Administration's Press. What was news at AP, whose Josh Boak…

Thursday morning at the Associated Press, aka the Administration's Press, Christopher Rugaber opened his coverage of the Census Bureau's New Residential Sales report as follows: "Buoyed by steady job gains and low mortgage rates, Americans purchased new homes in August at the fastest pace in more than seven years." Sorry, pal, it was the "fastest pace" in — wow — three months. The bureau's not…

The competition for the most annoying aspect of establishment press business reporting is fierce. One which immediately identifies a reporter as hopelessly biased and ignorant is any reference to "laissez faire" as a condition allegedly present in any modern economy anywhere on earth. "Laissez faire" is an economic concept involving "an economic system in which transactions between private…

In the wake of the ongoing controversy surrounding Volkswagen’s diesel car emissions controversy, MSNBC reporter Tony Dokoupil wildly proclaimed that Republican politicians were cheering on the German car maker for deceiving the Environmental Protection Agency. Dokoupil appeared on All In with Chris Hayes Tuesday night and insisted that “[i]f you’re a Republican, if you think the EPA goes too far…

Word on the street is that ESPN is planning to lay off "200 to 300" employees in the coming months. The go-to euphemism surrounding the impending layoffs, according to Variety's Brian Steinberg, is "the changing media landscape," primarily the "cord-cutting" phenomenon. In July, the Big Lead blog, in discussing Keith Olbermann's expected departure from ESPN, explained that "millennials are…

All three broadcast networks Tuesday morning seized on a pharmaceutical company hiking the price of a prescription drug in order to promote Hillary Clinton’s call for new government regulation of the industry. At the top of NBC’s Today, co-host Savannah Guthrie proclaimed: “5,000% hike?! The young drug company CEO under fire for raising the cost of a life-saving pill overnight....The…

The business press just can't understand why the Federal Reserve decided not to raise interest rates on Thursday. After all, these alleged journalists have been telling us for months bordering on years that U.S. economy is really in good shape. So it should be able to handle a rate hike, especially after over seven years of rates at essentially zero. The problem is that they now believe their own…

The business press is trying to convince readers, listeners, and viewers that Janet Yellen's Federal Reserve kept interest rates at zero not because of U.S. economic conditions, which supposedly "look good" with "steady economic growth." No-no. She stayed the course because of the troubled tglobal economy. Thursday evening, Reuters wrote that the Fed failed to move "in a bow to worries about the…

Either Nicholas Riccardi at the Associated Press is woefully ignorant, or he set out to deliberately mislead readers about the impact of Republican presidential candidate Jeb Bush's tax plan. I'll report the details; readers here can decide for themselves. Riccardi's "analysis," contained in his Sunday morning writeup covering the tax proposals of Bush, Marco Rubio and Rand Paul, contained the…

From its "Don't read this story, it's boring" headline to its obfuscating content, today's coverage at the Associated Press, aka the Administration's Press, of the Census Bureau's 2014 report on income and poverty in the United States was all about ensuring that readers know as little as possible about the declining incomes and disheartening increases in officially-defined poverty seen during the…

Shortly after its release this morning, Josh Boak at the Associated Press posted his coverage of the Census Bureau's August retail sales report. On a seasonally adjusted basis, August's sales came in a very mediocre 0.2 percent greater than July. It's almost too kind to say that Boak's writeup was delusional. The AP reporter celebrated "surges" in spending, "fed ... by solid and steady job gains…

You wouldn't know it from reading the national coverage by the Associated Press or stories at the Los Angeles Times, but California Governor Jerry Brown and his fellow far-left Democratic Party environmentalists suffered significant setbacks last week. How bad? So bad that the Times editorial board accused "a new crop of moderate Democratic legislators" of succumbing to "oil industry propaganda…