Business

When the Dow Jones Industrial Average “nosedived” by nearly 666 points on Feb. 2, it got plenty of network attention. In fact, it got more coverage than the two huge Dow milestones that preceded it — combined. Although that one-day selloff was a 2.5 percent drop which followed huge gains, the networks emphasized the “worst week for stocks in two years.” ABC World News Tonight with David Muir,…

The Washington Post was filled with morose editorials following President Donald Trump’s first State of the Union address on Jan. 30. That is yet another example showing The Post has “no credibility on this issue at all,” MRC Vice President of Business and Culture Dan Gainor said Jan. 31. He appeared on Intelligence Report with Trish Regan to discuss the media’s response to Trump’s speech.

Since the campaign trail, President Donald Trump has made an economic turnaround and prosperity a top priority. But the network news media have not made covering economic news one of theirs. Too often the networks focused on less important stories, such as Amazon’s unique “reinvented” office space called “The Spheres,” and skipped key economic news.

It’s easy to hide good economic news. Simply don’t report it. ExxonMobil will be investing “more than $50 billion over the next five years to expand our business in the United States,” thanks to the “historic” GOP tax plan, Exxon CEO Darren Woods announced Jan. 29. All three broadcast network evening news shows ignored the story, choosing instead to spend nearly two minutes on the Cleveland…

This year, liberals are not content to wait until after President Donald Trump’s State of the Union speech to resist. Instead, the liberal-funded Duke University Reporters’ Lab will be testing a fact-checking app that will allow fact-checkers from Politifact, The Washington Post and FactCheck.org to post fact-checks in real time.

The word “doomsday” is intended to terrify. So moving the Doomsday Clock forward to just two minutes to midnight gives journalists a chance for a national freakout about the chance of nuclear war. Only one problem with that. The two academics helping make this news are liberals who have given to the left eight times more than the right.

Liberals really are clueless about the positive impact of tax cuts. For proof, look no further than Nation Magazine editor and publisher Katrina vanden Heuvel. She attacked the GOP tax plan on Twitter when it passed, but is now celebrating its pratical impact on businesses.

The GOP tax bill has already led to millions of dollars in bonuses for American employees, but the benefits won’t stop there, according to global economic forecasts. The tax bill is also “expected to be responsible for about half of the upward revision to global economic growth over the next two years,” the International Monetary Fund (IMF) announced Jan. 22. The network evening news shows…

One of the constants in politics is change. The number of Americans who think the GOP tax bill will help them financially dramatically increased from December, 2017 to January, 2018, yet the network evening news shows ignored the story completely. That didn’t stop NBC and CBS from spending almost four minutes on Delta Air Lines restricting service animals on flights.

The Dow Jones Industrial closed above 26,000 for the first time in history Jan. 17, but NBC Nightly News with Lester Holt didn’t say anything about the latest record. Instead, it spent nearly two minutes on dieting. The only acknowledgement from Nightly News that Dow crossed that milestone was the on screen graphic which listed the Dow, NASDAQ and S&P closing numbers without commentary. The…

Thousands of workers across the U.S. were awarded bonuses, wages hikes or higher retirement account matches this year thanks to the tax reform bill recently passed by the GOP and signed into law by President Donald Trump. But this huge economic story affecting so many was practically ignored by the network evening news shows in 2018.

Venezuela’s socialist government hopes increased tourism will help replace oil revenue, in their “collapsing” economy. But even the Washington Post was skeptical on Jan. 12, writing, “Yet for a country saddled with the world’s highest inflation rate and rampant violence, Becoming a tourist paradise may be as improbable as a new Disney theme park in Damascus.”

The mayor of New York City is suing the five largest oil companies in the world over climate change. Far left New York City Mayor Bill de Blasio said on Jan. 10, his city was suing BP, Chevron, ConocoPhillips, ExxonMobil and Royal Dutch Shell seeking billions of dollars to “recoup money spent by the city for resiliency efforts related to climate change,” Associated Press reported. Some of the…

The U.S. economy is booming. So much so that 4 percent economic growth is possible in 2018, according to JP Morgan CEO Jamie Dimon. To the broadcast networks, that information was far less important than a freshman football star and a dog stuck on a train.