CNBC

President Donald Trump’s National Economic Council Director Larry Kudlow remains very optimistic about the prospects of a V-shaped recovery in the economy. And he says the data back him up.

 

Maybe someone should tell ABC World News Tonight and NBC Nightly News that hiding good news to hurt President Donald Trump just solidifies them as liberal propaganda mills.

President Donald Trump’s economy proved it’s not going down without a fight. An excellent new jobs report has Keynesian New York Times economist Paul Krugman babbling about a Trump conspiracy on Twitter to make sense of it.

The hypocrisy of mega-rich celebrities calling for reparations for slavery is astonishing. Black Entertainment Television Founder Robert Johnson, as summarized by CNBC, said that the “U.S. government should provide $14 trillion of reparations for slavery to help reduce racial inequality.” He’s currently worth an estimated $550 million.

The usually more placid Squawk Box exploded on Wednesday as two of the co-hosts blasted each other about the shutdown, jobs and Donald Trump. Co-host/New York Times journalist Andrew Ross Sorkin mocked fellow co-host Joe Kernen as nothing more than a puppet for “your friend” Donald Trump. Kernen accused his fellow host of being too negative on the stock market and recovery. 

CNBC anchor Carl Quintanilla tweeted on Wednesday about a J.P. Morgan financial guru Marko Kolanovic publishing a  “devastating piece arguing that infection rates have declined — not increased — in states where lockdowns have ended, 'even after allowing for an appropriate measurement lag.'" That's good news, not "devastating" news.

Liberal billionaire Michael Bloomberg has gone from “scrapping” his plan for an independent expenditure campaign to reportedly planning to spend a heap of cash to support presumptive Democratic nominee for president Joe Biden’s candidacy. Talk about a complete 180-degree turnaround.

Sean Davis at The Federalist reports a newly declassified transcript of congressional testimony shows former Obama administration defense official Evelyn Farkas testified under oath that she lied during an MSNBC Morning Joe interview on March 2, 2017, when she claimed to have evidence of alleged Trump collusion with the Russians. "I didn't know anything." She had a feeling. This represents the…

Liberal billionaire Warren Buffett apparently doesn’t believe that the coronavirus will cripple the might of the U.S. economy in the long-run. A prominent liberal business figure like Buffett voicing such sentiments provides ammunition to President Donald Trump, who also predicted that the economy is “going to make a very strong comeback.” Buffett stated during a virtual shareholder meeting that…

When CNBC reports the markets are showing signs of fighting back against the coronavirus fallout, you’d think that’d be newsworthy for sister network NBC’s evening news broadcast. Apparently not. CNBC had reported stunning results after the markets closed yesterday. The outlet noted that the Dow Jones Industrial Average and the S&P 500 “posted their best month since the 1980s.” CNBC continued…

The liberal media has gone to bat for fellow liberal and Microsoft co-founder Bill Gates against “conspiracy” theories regarding the coronavirus that started in Wuhan, China. But recent comments from Gates on CNN's Fareed Zakaria GPS shilling for the Chinese government may have just made that mission to insulate the billionaire a bit harder.

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.

CNBC apparently had no problem treating Sen. Mitt Romney’s (R-UT) coronavirus plan to give “every” American $1,000 as a rational idea. CNBC came right off the bat to make the senator look like some sort of philanthropist: “GOP Sen. Mitt Romney proposed on Monday sending every American adult $1,000 to ease the financial pain of the coronavirus pandemic that has tanked global markets and threatened…

Even the left now admits that Obamacare failed. The former Health and Human Services (HHS) secretary who helped oversee implementation of the disastrous Obamacare law just argued that “27-28 million” Americans have no health insurance. And that’s about 10 years after the Affordable Care Act, also known as “Obamacare,” was enacted in 2010.