Yahoo! Finance certainly has almost Krugman-like timing. New York Times economist Paul Krugman immediately reacted to the 2016 election of Donald Trump by warning of a possible “global recession.” Perhaps Yahoo! was taking pointers for its latest series.
Sony Pictures Classics is releasing a new film starring Peter Fonda as scheduled – following the actor’s tweet threatening to “rip” the president’s 12-year-old son “from his mother’s arms” and place him in a “cage with pedophiles.” Not everyone has been so lucky after other obscene tweets (think: Roseanne Barr).
Slacktivism may have reached its final frontier. Video gaming.
Grist’s Jesse Nichols touted efforts of University of Washington scientist Dargan Frierson to create climate change video games. The lefty environmental website asked, “Could a video game help us solve climate change?”
In case there’s any doubt left about the political leanings of billionaire media mogul Michael Bloomberg. The former Republican, turned “Independent” announced he will spend $80 million supporting Democrats in the 2018 midterm elections.
The official announcement of second-quarter economic growth won’t be out until July 27, but already the predictions look good. Just don’t expect to hear them on ABC, CBS and NBC.
Economists and Wall Street firms have been crunching numbers and making predictions Amherst Pierpont, Oxford Economics, the Atlanta Federal Reserve and Moody’s all forecast estimates of 4 percent or higher growth in the second quarter, CNBC reported on June 14. The very next day, Goldman Sachs released its model also pointing to 4 percent Q2 GDP, based on a manufacturing report.
The Aquaman movie will turn the typical Hollywood environmental themes on its head — with a villain at war with mankind over pollution. On June 15, Entertainment Weekly reported that actor Patrick Wilson would play Aquaman Arthur Curry’s antagonist and half-brother King Orm in the movie which will be in theaters in December.
An investment conference isn’t the typical place to hear climate change complaints and attacks on capitalism, but that’s exactly what attendees heard at the Morningstar Investment Conference in Chicago on June 12. Investor Jeremy Grantham, co-founder of $70 billion global asset management firm, Grantham Mayor Van Otterloo (GMO), blamed capitalism for threatening the planet, according to CNBC.
Billionaire Tom Steyer won’t be alone in pouring millions into the 2018 midterms to get liberals elected. The Washington Post reported on June 9, that fellow liberal billionaire George Soros also intends to spend at least $15 million to help the left this election cycle.
How well is the American economy doing these days? Well enough that even some liberal media which are usually Debbie Downers during Republican administrations have been singing its praises.
One New York Times writer “ran out of words” about the robust jobs numbers, another wrote about how the economy “roared” in May, while Yahoo said the economy was “on a roll.”
There are now more job openings in America than Americans looking for jobs.
The Wall Street Journal reported on June 5, that in spring 2018, the U.S. economy reached this unique milestone — the first time since the Labor Department began tracking the statistic in 2000.
Money talks – and journalism is no exception. On Monday, Columbia Journalism School announced that digital media expert Raju Narisetti will serve as a full-time faculty member in two capacities: Professor of Professional Practice and the director of the Knight-Bagehot Fellowship in Economics and Business Journalism. But neither he nor the Columbia Journalism School disclosed his unprecedented number of political donations to Hillary Clinton while working in the media.
The “booming jobs market” got very different treatment from each of the three broadcast networks as unemployment dropped to 3.8 percent.
While ABC, CBS and NBC evening news shows all reported the “stronger than expected” numbers, NBC Nightly News spent more than four times as long complaining about a tweet from President Trump ahead of the jobs numbers and fears of a trade war that “threaten” American jobs on June 1. CBS Evening News shortchanged the economy, spending only 17 seconds on the latest employment data.