Wire Services/Media Companies

First, the bad news from a media coverage standpoint. All three major wire services covering today's report from the Department of Labor on initial unemployment claims characterized the seasonally adjusted result of 374,000 as "unchanged" from last week, but failed to note the 98%-plus probability based on the last 75 weeks of history (only one exception during that time) that the number will…

Today, per Nasdaq.com, the Dow Jones Industrial Average rose by 4.49 points to 13107.48, the S&P 500 went up 1.19 points to 1410.49, and the NASDAQ gained 4.05 points to close at 3081.19.  The average of the three gains is less than 0.1%. That didn't stop the disseminators of CNN Money's email at the close of business from interpreting the result as being due to "signs of stronger U.S.…

The Associated Press's Anne D'Innocenzio is clearly mystified and possibly even upset that consumer confidence as reported by the Conference Board on Wednesday fell sharply to its lowest level since November of last year. Get a load of the second paragraph's first sentence in the version D'Innocenzio posted late yesterday morning shortly after the report's release, followed by asinine…

The Associated Press, in a Sunday evening dispatch, reported that the refinery explosion in Venezuela, which has thus far killed "at least 39 people" and injured "more than 80" (as of 10 a.m.; now it's at 41)  is "Venezuela's deadliest refinery blast ever." I'm sure that I join all readers here in expressing deep condolences and prayers for the victims and all who have been affected.…

An Associated Press report by Helen O'Neill time-stamped Saturday afternoon claims that "a record number of deportations means record numbers of American children being left without a parent — despite President Barack Obama's promise that his administration would focus on removing only criminals." Perhaps the assertion about more parents being forced to leave their kids behind is true. But…

Sam Youngman at Reuters, and several others have attempted to pounce on a comment about "big business" GOP presidential candidate Mitt Romney made at a Minnesota fundraiser on Thursday as some kind of equivalent to President Obama's out-of-touch assertion that "the private sector is doing fine" back in June. In fact, what Romney actually said in large part explains why the private sector isn'…

Obama campaign spokesperson Stepanie Cutter, appearing on MSNBC earlier this week, claimed that "over the past, you know, 27 months we've created 4.5 million private-sector jobs. That's more jobs than in the Bush recovery (or) in the Reagan recovery." A Thursday Investor's Business Daily editorial plaintively asked: "Where are those allegedly unbiased fact-checkers when you need them?" As…

In his coverage of the Department of Labor's Unemployment Insurance Weekly Claims Report at the Associated Press this morning, economics writer Christopher Rugaber stubbornly referenced a supposedly predictive benchmark the wire service has been using which has consistently failed in recent months. Rugaber also claimed that today's seasonally adjusted increase from the previous week, which…

I was beginning to hold out hope that the Associated Press was tiring of its partnership with the polling firm GfK Roper Public Affairs & Corporate Communications. No such luck. The latest AP-GfK poll on the presidential race of 1,007 people of whom 878 are registered voters shows Barack Obama leading Mitt Romney 48% to 44%. That four-point lead is down from 10 points in May and six…

An unbylined Associated Press item late this morning told us that, according to AAA, "Thirty three million people will travel 50 miles or more during Labor Day weekend," which will be "the highest level of travel for Labor Day since the start of the recession in late 2007." But it won't be, as will be revealed in the AAA-sourced graphic found at Page 3 of its 36-page report (large PDF) seen…

Although the Obama/Biden campaign has plenty of gaffes and erroneous statements to answer for from the past five-and-a-half months -- the last presidential press conference was March 6 -- Associated Press White House correspondent Jeff Kuhnhenn opted to toss a softball to President Obama today as he was selected by the president to ask the first question at the chief executive's impromptu…

If we're to believe a report by Heidi Przybyla at Bloomberg News on August 13, the country might be operating under bipartisan deficit-reduction framework instead of being without a budget for over three years if it weren't for Wisconsin Congressman and GOP vice-presidential nominee Paul Ryan. Her lead: "Representative Paul Ryan was a pivotal figure in killing the 2010 Bowles-Simpson agreement…

About a month ago, I joked in a column published elsewhere that the reason a certain New York Times column didn't resonate with anyone is because no one pays attention to the Old Gray Lady any more. Unfortunately, that's not true. But the fact that almost no other establishment press outlet has mentioned the paper's disclosure late Wednesday (appearing in Thursday's print edition) that former…

Earlier today (at NewsBusters; at BizzyBlog), I noted how the Associated Press's Steve Peoples and Politico's Juana Summers could only find hundreds of people attending GOP vice-presidential pick Paul Ryan's Wednesday appearance at Oxford, Ohio's Miami University. Perhaps even more troubling is how they somehow chose an odd angle for their coverage, namely that Ryan has supposedly avoiding…