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Keyword: bloombergnews

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  • ‘SOFT LANDING’? Bloomberg News Admits ‘US Recession Is Still Likely’ and ‘Coming Soon’

    10/02/2023 7:32:48 AM PDT · by JV3MRC · 9 replies
    NewsBusters ^ | 10/2/2023 | Joseph Vazquez
    For all the over-the-top media bluster over how hunky-dory President Joe Biden’s decrepit economy supposedly is, Bloomberg News decided to red-pill itself: The prospect of a recession still threatens America. “Why a US Recession Is Still Likely — and Coming Soon,” read Bloomberg News’s Oct. 1 headline. The bottom line, reported the liberal outlet, is that “history, and data, suggest the consensus has gotten a little too complacent — just as it did before every US downturn of the past four decades.” Bloomberg News ripped the recycled propaganda that somehow the U.S. was poised for a “soft-landing” from its tumultuous...
  • EXCLUSIVE: Bloomberg News Busted! Guess Which Biden Appointee Is Trying to Control the Press

    06/19/2023 9:00:51 AM PDT · by JV3MRC · 1 replies
    NewsBusters ^ | 6/19/2023 | Joseph Vazquez
    A government watchdog group shared exclusive documents with MRC Business exposing an apparently incestuous relationship between Bloomberg News and President Joe Biden’s Treasury Department. The Functional Government Initiative obtained documents through a Freedom of Information Act (FOIA) request. According to FGI’s press release shared with MRC Business, Bloomberg reporters gave Treasury Secretary Janet Yellen such favorable “coverage that they chafed under Treasury’s censorship of their stories, and weren’t shy about letting the Treasury Department know their displeasure.” This reeks of quid pro quo journalism. One July 16, 2021 email caught in the FGI’s FOIA net involved correspondence between Bloomberg News...
  • Caricatured: Bloomberg News Trumpets OpenAI CEO’s Dismissal of ‘Forecast That AI Will Kill Us All’

    03/09/2023 12:19:52 PM PST · by JV3MRC · 3 replies
    NewsBusters ^ | 3/9/2023 | Joseph Vazquez
    Bloomberg News caricatured concerns about the potential dangers of artificial intelligence, and instead trumpeted OpenAI CEO Sam Altman’s utopian view, that reads like he took a page from the script of I, Robot (2004). Bloomberg News ran a newsletter propping up Altman’s dystopian views: “The OpenAI CEO Disagrees With the Forecast That AI Will Kill Us All.” The newsletter outlandishly contrasted the “small” Silicon Valley faction that believes Artificial Intelligence (AI) is a “killer” in the making with the “crowd who thinks our AI future will be amazing — bringing about untold future capabilities, abundance and utopia.” As Bloomberg News...
  • HUH? Bloomberg Columnist Claims Men Dropping Out of the Workforce ‘Could Be Progress’

    02/23/2023 11:17:01 AM PST · by JV3MRC · 23 replies
    NewsBusters ^ | 2/23/2023 | Joseph Vazquez
    A Bloomberg Opinion columnist apparently didn’t care too much for optics when she actually tried to characterize working-age men dropping out of the workforce as “progress.” Bloomberg columnist Allison Schrager penned misandrist propaganda disguised as economic analysis in a piece that bore the headline: “Men Dropping Out of the Workforce Could Be Progress.” In her subheadline, Schrager celebrated that a decreased male representation in the workforce meant “economically empowered women are in a stronger position to support households with nonworking men.” She buried possible reasons behind this trend deep in the piece where she noted modern education being “generally better...
  • Slaughter Profits? Bloomberg News Co-Founder Claims Business ‘Thrives Where Abortion Is Protected’

    12/15/2022 10:33:00 AM PST · by JV3MRC · 17 replies
    NewsBusters ^ | 12/15/2022 | Joseph Vazquez
    Bloomberg News co-founder Matthew Winkler barked that corporate America "outperforms" where pre-born baby slaughter is defended. Talk about being chronically tone-deaf. Winkler’s Dec. 14 op-ed didn’t beat around the bush with his nutty take: “Corporate America Thrives Where Abortion Is Protected.” Winkler apparently didn’t figure out that correlation doesn’t equal causation, a relevant rule of thumb he should have heeded before propagating senseless economic theories. “The US economy already is suffering the economic consequences in states that have criminalized abortion,” Winkler railed in a diatribe castigating the ripple effects of the U.S. Supreme Court’s decision to overturn the infamous pro-abortion...
  • HUH? Bloomberg News Co-Founder Blames ‘Election Deniers’ for Americans Thinking Biden Economy Sucks

    08/08/2022 8:08:25 AM PDT · by JV3MRC · 40 replies
    NewsBusters ^ | 8/8/2022 | Joseph Vazquez
    Bloomberg News co-founder Matthew Winkler came out with one of the dumbest explanations for why consumers believe President Joe Biden’s economy stinks: Blame those darn 2020 “election deniers.” Winkler published an op-ed for his liberal publication with an on-the-nose headline that smacked of lunacy: “Blame Election Deniers for Faltering Consumer Sentiment.” According to Winkler’s senseless conflation, it’s “no wonder” that Americans despise the 40-year high inflation-rattled economy when “about 70% of Republicans believ[ed] incorrectly that Joe Biden lost the 2020 presidential election when he won it by more than seven million votes.” According to Winkler, those pesky “Republicans denying the...
  • WHOA: Bloomberg News Fact-Checks Absurd Inflation Narrative by Biden Administration

    06/22/2022 7:03:06 AM PDT · by JV3MRC · 8 replies
    NewsBusters ^ | 6/22/2022 | Joseph Vazquez
    Bloomberg News appeared to join a growing chorus of liberal outlets rejecting President Joe Biden’s gaslighting on the severity of the American inflation crisis. The headline for Bloomberg News’ Biden smackdown was right on the nose: “White House Claim of Inflation Cushion Undercut by Savings Data.” U.S. Treasury Secretary Janet Yellen, National Economic Council Director Brian Deese and other Biden talking heads have “repeatedly” cited “Americans’ bank accounts [injected with pandemic-era savings] as buffers” against the 40-year-high inflation-plagued economy. However, as Bloomberg News reporter Saleha Mohsin analyzed, “the money is rapidly evaporating for 26 million low-income families.”
  • Bloomberg Editors Avoid Blaming Biden, Fed for Pushing Economy to Razor’s Edge on Inflation

    06/15/2022 12:08:51 PM PDT · by JV3MRC · 7 replies
    NewsBusters ^ | 6/15/2022 | Joseph Vazquez
    The Bloomberg Opinion Editorial Board had a bit of a red pill moment on how bad the inflation crisis actually is, but didn’t lay any blame at the feet of President Joe Biden and the Federal Reserve. In an editorial headlined, “The Fed Has a Narrow Path Between Inflation and Recession,” the editorial board sounded alarm bells that “the Fed’s prospects for curbing inflation while avoiding recession are fast receding.” The board conceded that the “some analysts” who hoped the “worst was over” were “mistaken,” as ”prices continue to rise quite broadly, and in an extraordinarily tight labor market they’re...
  • Bloomberg News Co-Founder Twists Numbers to Make MI Gov. Whitmer Look Like Economic Genius

    02/25/2022 8:49:01 AM PST · by JV3MRC · 5 replies
    NewsBusters ^ | 2/25/2022 | Joseph Vazquez
    Bloomberg News co-founder Matthew Winkler is twisting numbers again to try to make leftists look like economic wizards. This time, he went to bat for Michigan Gov. Gretchen Whitmer (D) who imposed tyrannical COVID-19 shutdown policies on her constituents. Winkler’s blog celebrating Whitmer Feb. 16 was headlined, “‘Woman in Michigan’ Governs the No. 1 Economy.” Winkler fawned, in part, about how Whitmer’s economic policies“outperformed the U.S. when Trump was in the White House and continues to do so 15 months after voters rejected his bid for a second term.” He claimed that “Among 37 states with a population greater than...
  • Comrade! Bloomberg News Praises Communist Chinese ‘Venture Capitalists’

    02/08/2022 2:16:26 PM PST · by jeff_clark · 3 replies
    Media Research Center ^ | 2/8/22 | Jeffrey Clark
    Friends of the Chinese Communist Party (CCP) around the world, unite! Liberal outlet Bloomberg News recently praised local CCP officials for becoming great “venture capitalists,” especially through funding electric vehicle startups like Tesla rival Nio.
  • Eco Baloney: Bloomberg Opinion Editor Suggests Blotting ‘Out the Sun’ to Fight Warming

    02/03/2022 8:47:16 AM PST · by JV3MRC · 49 replies
    NewsBusters ^ | 2/3/2022 | Joseph Vazquez
    A Bloomberg Opinion editor actually suggested humanity just blot out the sun to fight global warming. Bloomberg Opinion Editor Michael Newman wrote a senseless blog headlined, “What if We Blotted Out the Sun to Fight Global Warming?” He probably subconsciously realized the suggestion was insane, as he hedged in his subheadline: “It’s risky, but then again the path we’re on now may be even riskier.” Newman called “solar geoengineering” one of the “great hopes” to “stop or slow climate change.” He explained the idea as “an attempt to figure out a way to cool the planet by deflecting some of...
  • Bonkers: Bloomberg News Co-Founder Champions Biden Economic Performance as ‘Unbeatable’

    12/20/2021 11:48:38 AM PST · by JV3MRC · 15 replies
    NewsBusters ^ | 12/20/2021 | Joseph Vazquez
    Bloomberg news co-founder Matthew Winkler had arguably one of the most ridiculous takes on President Joe Biden’s performance on the economy yet. Winkler wrote a Dec. 20 op-ed with an outrageous headline, “Biden's Economic Performance Has Proved Unbeatable.” The piece read like a press release from the Biden White House itself. Winkler based his absurd assessment on 10 economic measures he spun to serve the pro-Biden narrative. Here was his hot take: “America’s economy improved more in Joe Biden's first 12 months than any president during the past 50 years notwithstanding the contrary media narrative contributing to dour public opinion.”...
  • ‘I’m in trouble’: Biden reveals granddaughter works for Mike Bloomberg

    11/03/2021 10:29:38 AM PDT · by ChicagoConservative27 · 20 replies
    NY Post ^ | 11/02/2021 | Steve Nelson
    President Biden inadvertently disclosed Tuesday that one of his granddaughters works for billionaire former New York Mayor Michael Bloomberg, who briefly was one of his Democratic primary rivals. Biden made the revelation during a press conference in Glasgow, Scotland, when he called on reporter “Jen Epstein of the Wall Street Journal” to ask him a question. Epstein corrected the president that she works for Bloomberg News, which is owned by the financial entrepreneur, who was mayor from 2002 to 2013. “Excuse me. I beg your pardon,” Biden told Epstein. “I hope — I got it. I got it, especially since...
  • Republicans ‘Seize’ Again! Bloomberg Admits Inflation Eating at Pay

    07/01/2021 8:51:31 AM PDT · by JV3MRC · 15 replies
    NewsBusters ^ | 7/1/2021 | Joseph Vazquez
    Inflation is becoming a very serious problem for Americans. The problem is so bad that even Bloomberg News admits it. Bloomberg News underscored the issue in a new story headlined, “Inflation Eats at Surging U.S. Pay With Biden Plans at Stake.” The outlet reported that “Americans are enjoying outsized pay boosts this year from desperate employers, but the raises are failing to keep pace with surging prices for everyday goods.” Despite U.S. wages forecasted to have increased by an optimistic 3.6 percent in June, “prices for everything from milk to car rentals and gasoline are rising at a rapid clip,...
  • WHAT? Bloomberg Opinion Editor Says Absence of American Jobs a ‘Good Thing’

    04/16/2021 9:56:05 AM PDT · by JV3MRC · 17 replies
    NewsBusters ^ | 4/16/2021 | Joseph Vazquez
    An asinine Bloomberg op-ed suggested that maybe it’s best if people who lost energy jobs under President Joe Biden’s eco-extremist agenda don’t get the new green jobs he falsely promised at all. Bloomberg Opinion Editor Mark Gongloff’s op-ed was headlined, “Our Single-Minded Drive to Create Jobs Has Its Drawbacks.” Gongloff’s sub-headline was just as ludicrous: “On some issues, including green energy and immigration, an absence of American jobs can be a good thing.” The story led off with two assumptions that were just awful: “Maybe we don’t actually want green jobs [to rectify for the fossil fuel jobs Biden is...
  • Bloomberg News axes 90 as top editor blasts staff

    02/11/2021 4:29:34 PM PST · by george76 · 22 replies
    NY Post ^ | February 11, 2021 | Keith J. Kelly
    John Micklethwait, the top editor of Bloomberg News, blasted the rank and file for spotty performance over the past year as he unveiled cuts of approximately 90 people in the editorial and research departments. ... We all know that we also ‘lost’ stories because we moved too slowly,” he continued. “Teams waited for somebody to back-read a piece or ignored the requests from the News Desk to get a blast out quickly. Managers spent too much time setting up conference calls when they should just have been writing. Or teams suddenly delivered enterprise pieces that nobody wanted. “Covid has highlighted...
  • Bloomberg News Admits $145M in ‘Dark Money’ Helped Pave Biden’s Path to WH

    01/25/2021 1:11:11 PM PST · by JV3MRC · 31 replies
    NewsBusters ^ | 1/25/2021 | Joseph Vazquez
    Bloomberg News blew away the left’s hypocritical outrage about conservative “dark money” by tying President Joe Biden to precisely that kind of campaign funding — after the election, of course. The liberal outlet admitted in a new report that Biden “benefited from a record-breaking amount of donations from anonymous donors to outside groups backing him.” Bloomberg News assessed that this meant the “public will never have a full accounting of who helped him win the White House.” But here’s the kicker: Biden’s campaign was backed by “$145 million in so-called dark money donations, a type of fundraising Democrats have decried...
  • This Series Of Fact-Checks On America’s Mission To Defeat COVID Exposes Media Hatred

    12/17/2020 7:49:16 AM PST · by Kaslin · 7 replies
    The Federalist ^ | December 17, 2020 | Christopher Bedford
    Fact checks on the United States' COVID vaccine timeline expose how outlets like NBC, The New York Times, and The Washington Post are willing to attack American aspirations to score political points.Long gone are the days of Snopes assuring readers there isn’t a million dollars waiting in a Nigerian bank account for them. Distant are the happier times when fact-checks assured us there was no hook-handed hitchhiker killing our grandparents on the local highway. Today, we see an alliance between corporate media and corporate tech titans to squelch debate, silence conservatives, and literally censor regular Americans, dissenting scientists, newspaper competitors,...
  • Michael Bloomberg Gave $4,000,000 to Planned Parenthood Votes

    12/04/2020 8:41:37 AM PST · by JV3MRC · 4 replies
    NewsBusters ^ | 12/4/2020 | Joseph Vazquez
    Bloomberg News owner Michael Bloomberg spent millions trying to prop up pro-abortion candidates in the 2020 elections. Open Secrets records show Bloomberg gave the Planned Parenthood Votes (PPV) super PAC at least $4 million in the 2020 electoral cycle. The group, associated with Planned Parenthood, “makes contributions to candidates who support abortion,” according to Influence Watch. The grand total PPV spent on the 2020 federal elections amounted to $10,092,809. This means that Bloomberg’s contribution accounted for a whopping 40 percent of the pro-abortion group’s entire spending on federal elections in 2020.
  • Michael Bloomberg Gives $20M to Down-Ballot Races Focused on Climate

    10/27/2020 11:45:48 AM PDT · by JV3MRC · 10 replies
    NewsBusters ^ | 10/27/2020 | Joseph Vazquez
    There doesn’t appear to be an end in sight for the hundreds of millions Bloomberg News owner Michael Bloomberg is willing to spend to buy the U.S. election for Democrats. The liberal billionaire’s new schtick is elevating Democratic candidates down-ballot who are like-minded with his extremist vision on climate change. Specifically, Bloomberg is dumping an “additional $20 million into this election cycle, flooding the airwaves in North Carolina, Texas and Arizona to promote down-ballot candidates who share his views on climate,” according to Axios. The outlet noted that this cash dump is “on top of the $100 million he pledged...