Regulation

It doesn't seem likely that an oil company CEO would get the benefit of the doubt Apple CEO Tim Cook received from the press yesterday after he emailed well-known financial commentator and investment adviser Jim Cramer about his company's performance in China. In an email read over the air on CNBC, Cook reported that "we have continued to experience strong growth for our business in China…

Several commenters at my econ-related posts during the past several months here at NewsBusters and my home blog have noted how Washington's mix of high deficits, over-regulation, and quantitative easing never seem to get any kind of blame for the economy in establishment press coverage. One could hardly find a better example of that deliberate avoidance than Josh Boak's writeup today at the…

Here we go again – the FEC has launched another attack on free speech.

Yet another important economic statistic confidently predicted to rise has fallen — hard. This time it was June's pending sales of existing homes. Just in time for summer, they were predicted to increase by a seasonally adjusted 1.0 percent to 1.5 percent. Instead they fell by 1.8 percent, the steepest drop since December 2013. Additionally, May's original 0.9 percent increase was revised down…

Thanks to year-over-year declines in manufacturing orders, manufacturing shipments, and wholesale sales, along with bloated inventories, apologists for the current condition of the U.S. economy are down to three defenses supposedly demonstrating that all is still really well after yet another rough first quarter (once again excused away as due to supposedly historically awful winter weather).…

Thursday's lead New York Times story on New York State raising the minimum wage for fast-food workers to a whopping $15 an hour was dominated almost completely by cheerleading for the wage. That's despite the fact that even liberal economists are queasy about such a drastic hike in the minimum wage, and that the hike risks hurting the very low-income workers it supposedly helps, by raising the…

Wednesday's Fox and Friends spotlighted how two members of the San Francisco Board of Supervisors treated a Fox News Channel journalist with contempt, after he tried asking them about their sanctuary city policy. Host Steve Doocy later zeroed in on how anchor Chris Cuomo at competitor network CNN asserted that the term "sanctuary city" was a "misnomer" on Monday's New Day. Doocy mocked CNN as "…

On Friday, ABC, CBS, and NBC's evening newscasts all ignored how the Obama administration issued the latest version of its abortifacient/contraception mandate under ObamaCare, which ignores multiple court rulings against it – including the Supreme Court's Hobby Lobby ruling in 2014 – and again tries to force religious non-profits to fund drugs that they consider to be immoral. Instead, the Big…

What does MSNBC's Alex Wagner have against stately Indian warriors? On today's Morning Joe, Wagner said it was "amazing" that anyone could look at the Washington Redskins logo and name and not find them controversial. This NewsBuster can understand the debate over the "Redskins" name. But the logo? Has Alex actually had a look at it?  Could Wagner be confusing it with the Cleveland Indians'  …

On Wednesday night, the “big three” of ABC, CBS, and NBC refused to cover the Obama administration’s official unveiling of new regulations that aim to force neighborhoods to diversification or risk losing annual federal funding from the Department of Housing and Urban Development (HUD). As they often do when the networks fail to cover a story, the Fox News Channel (FNC) program Special Report was…

Small business owners often complain about being “choked” by ever-increasing mandated benefits, but rarely do you see their complaints presented in a clear and compelling way. An exception took place during coverage of the very latest mandated benefit in California: sick leave for part-time employees, which just took effect this month. 

On Monday night, the networks showed scant interest in covering the U.S. Supreme Court’s ruling against the Obama administration and the Environmental Protection Agency (EPA) on the regulation of power plant emissions as NBC ignored the story completely with ABC and CBS combining to spend only 29 seconds on the decision. While ABC and CBS came together to spend just under 30 seconds on this story…

It was obvious on Friday that CNN reporters and analysts were giddily celebrating the Supreme Court's liberal ruling bolstering same-sex marriage, but CNN legal analyst Jeffrey Toobin was perhaps the only one who inadvertently admitted that "we celebrate" the trend toward gay rights victories before immediately catching his faux pas with laughter and walking it back to "many people celebrate" as…

There may no better illustration of how much harm the economy has inflicted on the American people during the Obama era than a March 2015 Harris survey commissioned by American Institute of Certified Public Accountants. The AICPA's Thursday press release reported that "a majority of American adults (51 percent) have delayed at least one important life decision in the last year due to financial…