Economy

Reacting to the shocking news of Great Britain’s decision to exit the European Union, UK-born Fox Business Network anchor Stuart Varney responded to “fearmongering” and offered an explanation of the voters’ discontent. “The British have become increasingly frustrated by being ruled, essentially, in many aspects of their lives by an alien, foreign bureaucracy. Notably the bureaucrats in Brussels…

The UK’s surprising decision to exit the European Union brought out typical sneering from journalists, as well as warnings that the decision would bring doom and gloom to the country. Business Insider Finance Editor Lianna Brinded warned Britain was “beyond repair,” and the worst was “yet to come.” 

Though their report covering Donald Trump's Wednesday speech criticizing presumptive Democratic Party nominee Hillary Clinton's record has undergone subsequent revisions, the coverage of that speech by the Associated Press's Julie Pace and Jill Colvin has stuck with two common themes. One is that prospective Republican nominee Donald Trump has "struggled with the transition to a general election…

While reporting on Taylor Swift’s open letter to Congress regarding a drastic reform of the Digital Millennium Copyright Act, CBS This Morning focused the story primarily on how Swift, along with many other high-profile entertainers such as Paul McCartney and Trent Reznor, felt YouTube was exploiting the artists' music by not taking a more proactive role in targeting and removing videos and other…

Hundreds of British actors and celebrities are clamoring for Great Britain to remain part of the European Union when the nation votes this week. That’s in direct opposition to the view of many conservatives on both sides of the pond. Either result could have major economic consequences. UK citizens will vote June 23 on the contentious “Brexit” referendum. Putting their high-profiles to use, 282…

The establishment press must not think that anyone should care about the millions of dollars Bill Clinton and his wife Hillary have "earned" making speeches, particularly to powerful banks and Wall Street firms, since he left the presidency in 2001 and after her time as Secretary of State ended in 2013. That's the only explanation as to why Mrs. Clinton could promise, as she did on Tuesday, that…

The establishment press is thrilled over the City of Philadelphia's enactment of a 1.5 cents-per-ounce "soda tax" last week. Monday morning, Mayor Jim Kenney signed the legislation which its City Council passed last week. Especially unseemly is the virtual euphoria over how so-called "public health" advocates gained their long-sought foothold into using the tax system to dictate personal…

According to Huffington Post, the Grand Old Party will become the Dead Old Party at the 2016 Republican convention in Cleveland. Cause of death? Support for presumptive nominee Donald Trump.

The American media cabal is…ridiculous.  They are the Borg of politics - many entities, but of but one Leftist mind. Led around by their noses by whatever hack government-growing politician is before them at that moment. Just as they calmly repeated the "ventriloquized" Obama line on the Iran deal, so they're doing with the latest ruling on "Net neutrality."

On May 1, the Washington Post's Jackson Diehl warned: "We ignore Venezuela’s imminent implosion at our peril," noting that the South American nation of 30 million "has descended into a dystopia where food, medicine, water and electric power are critically scarce." Given the dire humanitarian crisis which has enveloped that country, broadcast media coverage during the ensuing seven weeks,…

At the New York Times, Margot Sanger-Katz is the paper's "domestic correspondent" who "writes about health care" for its "The Upshot" blog. That blog in turn is supposed to cover "politics, economics and everyday life."  In heralding the passage of a 1.5-cent per ounce tax on soda in Philadelphia yesterday as some sort of historic "watershed" accomplishment, Sanger-Katz betrayed an incredible…

The Federal Reserve announced it wouldn’t raise interest rates, in part due to a poor May jobs report and economic “headwinds.” Two out of the three broadcast networks ignored the decision.

Following the Labor Department’s disappointing report that only 38,000 jobs were added in May, the Federal Reserve decided on June 15, 2016, they would not raise interest rates. CNBC Squawk Box co-anchor Joe Kernen reacted to the Fed’s decision the following morning. He criticized them for only raising interest rates once in the past nine years.

For one New York Times columnist, democratic presidential candidate Hillary Clinton hasn’t been revolutionary enough in her economic policies. Times columnist Eduardo Porter complained that Clinton’s economic plan, which included “only $1.1 trillion” in new tax hikes and $275 million in infrastructure spending, was just a “careful collection of tweaks and prods.”