AP Offended That CEOs Are Paid As Well As Elite Entertainers

Tom Blumer
May 26th, 2015 4:06 PM
Seldom does one see such an obvious betrayal of reporters' biased mindsets as the one found in the opening paragraph of an Associated Press report earlier today on CEO pay at major U.S. publicly-held companies. According to the AP's Steve Rothwell and Ryan Nakashima, that entertainers, whose incomes are derived from leveraging special physical and artistic talents, deserve all the money they can…
 

Virtually Unreported: Mortgage Loan Market’s 2013-2014 Collapse

Tom Blumer
April 11th, 2014 5:48 PM
Associated Press stories today on the quarterly earnings releases of Wells Fargo (unbylined) and JPMorgan Chase (by Steve Rothwell) essentially mocked the nearly continuous monthly stream of reports the wire service's economics writers, particularly Martin Crutsinger and Chris Rugaber, have generated about the "housing recovery" during at least the past year. The Wells Fargo story disclosed…
 

As With CNN Email This Afternoon, AP's Rothwell Also Makes a Market De

Tom Blumer
October 2nd, 2013 9:48 PM
As I noted in a previous previous post today (at NewsBusters; at BizzyBlog), a CNNMoney.com email tried to spin a 0.4% decline in the Dow Jones Industrial Average and tiny drops of less than 0.1% in the S&P 500 and the NASDAQ into proof that the government shutdown and the "looming U.S. default" were having awful effects on investors. Given that the ADP Employment Report today was a…
 

AP's Raum Seems Puzzled That 'Economic Gains May Not Help Democrats Mu

Tom Blumer
April 30th, 2013 9:35 PM
You've got hand it to some (probably most) of the reporters at the Associated Press, aka the Administration's Press. Their story is that the economy is all right, and by gosh, they're sticking to it. Tom Raum's dispatch yesterday is a case in point. Along the way, he pulled out several of the tired spin-driven claims which have long since been taken down but which haven't yet penetrated the…
 

First-Quarter GDP, Part 2 of 3: AP Argues With Itself

Tom Blumer
April 28th, 2013 12:48 PM
On Friday, the government reported that the economy grew by an annualized 2.5 percent during the first quarter. As I noted in Part 1 (at NewsBusters; at BizzyBlog), three establishment press outlets (CNN, Bloomberg, and Reuters) pronounced the result "disappointing" -- but not Martin Crutsinger and Christopher Rugaber at the Associated Press, whose headline read "AFTER NEAR-STALL IN LATE 2012,…
 

AP Explains Week's Market Decline Which Began on Wednesday as Entirely

Tom Blumer
November 9th, 2012 11:34 PM
Those in the press who claim to completely understand why stock market indices containing 30, 500, or thousands of individual companies went up or down on any given day are at best theorizing and at worst dissembling. The way the press handled this week's decline by blaming it all on the "fiscal cliff," as if it only became relevant on Wednesday morning, definitely fits in the latter category.…