Economy

On Thursday morning, ABC and NBC continued their blackout of the Obama administration’s plan to use the Environmental Protection Agency to regulate the airline industry’s greenhouse gas emissions. 

Will Deener, who has been a business reporter since at least before the turn of the century, considers his most unforgettable experience on the job to be "Covering the crash of the Internet stocks and Enron in 2000-2002." Sunday evening, the Dallas Morning News columnist moaned about how big U.S. companies engaged in real businesses are avoiding paying billions in taxes because "the nation’s…

When it comes to the word “freedom,” liberals and conservatives long have told each other, in effect, “I do not think it means what you think it means.” Take Katrina vanden Heuvel, editor and publisher of The Nation, who in a Tuesday Washington Post column urged presidential candidate Hillary Clinton to endorse a “far more expansive” concept of freedom than the right’s “constrained notion” that’…

Appearing on the Tuesday edition of Newsmax TV’s The Steve Malzberg Show, the Media Research Center’s Research Director Rich Noyes joined host Steve Malzberg to discuss new studies by the MRC on the media’s continued obsession with police misconduct, the flood of coverage given to the Bruce Jenner’s transition to Caitlyn, and the lack of criticism on the networks for Obama’s foreign policy.

The business press has gotten really excited about the possibility — some of them are even treating it as a probability — that the first-quarter's recently reported annualized economic contraction of 0.7 percent will go positive if it gets revised for so-called "residual seasonality." "Residual seasonality" is "the manifestation of seasonal patterns in data that have already been seasonally…

On Monday, CBS This Morning continued to act as an unofficial spokesman for the marijuana industry as it eagerly promoted the growing trend of celebrities investing millions into pot startups. 

After the U.S. Environmental Protection Agency issued a draft report on Thursday declaring that, in his own words, "The government has no public safety justification to ban" hyrdraulic fracturing, or fracking, Houston Chronicle business writer Chris Tomlinson falsely claimed that the industry believes it "needs no regulation." Tomlinson formerly toiled at the Associated Press, and it shows. One…

Another day, another batch of poll results from the New York Times pushing a liberal issue. Yesterday it was campaign finance. Thursday's front page brought the paper's latest installment of the paper's ongoing obsession with "income inequality," "Inequality Troubles Americans Across Party Lines, a Poll Finds," with special pressure on what it would mean for the Republicans in 2016.

On Wednesday, only CBS This Morning noticed a setback for Democrats proposing a massive tax hike in Connecticut, with co-host Norah O’Donnell reporting: “The Connecticut Post says two major corporations, General Electric and Aetna, forced changes in Connecticut's proposed budget. The companies said they would consider leaving the state over plans to raise business taxes. Democratic lawmakers…

Since Vanity Fair unveiled its cover featuring Bruce Jenner’s transition to Caitlyn Jenner on Monday afternoon, the “Big Three” (ABC, CBS, and NBC) networks have gone over the top in their promotion of the story, giving it a whopping 48 minutes and 25 seconds of coverage (Monday night through Wednesday morning) -- while omitting several damaging stories regarding President Obama’s policy agenda.

This morning's April factory orders report from the Census Bureau showed yet another seasonally adjusted decline. This time, they fell 0.4 percent, seriously underperforming expectations that they would come in flat. This naturally brought forth another sighting of the U-word ("unexpectedly"), this time at Reuters. Both Reuters and the Associated Press failed to note how steep the year-over-year…

In case you missed it, the City of Baltimore and the State of Maryland have requested disaster relief assistance from the Federal Emergency Management Agency (FEMA) to recover costs incurred during that city's April riots. You read that right. Yvonne Wenger at the Baltimore Sun predictably buried the lede in her May 26 story's third paragraph, giving uninitiated readers the impression that…

When did Ronald Reagan’s tenure as president of the United States end? Officially, on January 20, 1989, but Washington Monthly blogger D. R. Tucker posits that in a sense Reagan stayed in office well after that. In a Saturday post, Tucker asserted that in 1988, some right-wing “ideologues” sought to “artificially extend the Reagan administration past its constitutionally limited time by propping…

Facts are such inconvenient things. Especially financial facts and figures. On Tuesday, Rebecca Shabad at the Hill composed a 34-paragraph report entitled "Washington is ready to spend." Really? When have Congress or the White House not been ready to spend? Oh, I get it. She really means that they're getting ready to spend more. How much more? Readers will search in vain for anything beyond a…