Economy

Networks Project Economic Gloom Before Release Of Positive GDP

Technical definition says it's still not a recession, despite downbeat coverage.

McCain's 'Better Way': 'Eco-Friendly' Campaign Merchandise; Spokesman Says Not Pandering to Left

'Green' campaign items latest signal of global warming pandering as presumptive GOP nominee continues to disappoint conservative base.

CNN Wonders 'What If' Oil Hit $200 a Barrel

Segment features speculation by reporter and 'peak oil' analyst, with no counter-arguments from today's reality.

Media Find Another Housing Crisis Villain: The Builder

ABC's 'Nightline' runs segment blaming homebuilders for glut of housing in Arizona community.

NBC Off by $70 on Expert's View about $200-a-Barrel Oil

Tom Costello reports record-high predictions don't 'surprise' analyst John Kilduff, although Kilduff says oil will top out in the $130s.

Surprising Figures Don't Stop NYT From Seeing "Recession"

Milder-than-expected job losses in April nonetheless spurred a lead story shouting the loss as "powerful evidence that the United States is almost certainly now ensnared in a recession."

CBS Reports Highest End of Food Costs to Emphasize Food Inflation

Grocery inflation is increasing at an annual rate of 5.3 percent, but 'Evening News' reports on food items that have increased as much as 36 percent.

Media Predictions on Unemployment and Jobs Off by Wide Margin

Economic indicators better than expected.

ABC: Gas Tax Break 'Great Politics, but Apparently Terrible Economics'

'World News' reports proposed gas tax holiday supported by Clinton and McCain is bad for consumers and the environment.

CBS Calls Fidel Castro 'Revolutionary Hero,' Touts Brother's Reforms as 'New Era'

'Early Show' reports changes in Cuba as milestone toward liberalization, but restricted Communist economy remains.
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