Bloomberg
Media Bias by Omission: Bloomberg Doesn't Investigate Democratic Presidential Candidates
As of Nov. 2019, Bloomberg admits that it engages in bias by omission with a Lean Left bent. Mike Bloomberg, New York City mayor and founder of the financial software company that owns Bloomberg, officially entered the 2020 Democratic presidential race in Nov. 2019. According to a memo sent to editorial and research staff obtained by CNBC and verified by a Bloomberg spokesperson, Bloomberg News announced it would refrain from investigating Mayor Bloomberg and his Democratic rivals.
“We will continue our tradition of not investigating Mike (and his family and foundation ) and we will extend the same policy to his rivals in the Democratic primaries. We cannot treat Mike’s democratic competitors differently from him,” Editor-in-Chief John Micklethwait said in the memo.
In Dec. 2019, President Donald Trump's campaign announced it would stop credentialing Bloomberg News reporters for rallies and other events until the outlet resumed investigating Democratic candidates.
Mike Bloomberg is founder and 89% shareholder in Bloomberg LP, the financial software company that owns Bloomberg News.
Type of Content
Approved Story
1
Format
Hide on the following page types:
Front Page
Tag Pages
Topic Pages
Community Pages
Region
News Item Format
Standard
Story Cluster
Autocurated
1
External ID
5876294
Federal Reserve Chair Jerome Powell said the economic impact of new tariffs is likely to be significantly larger than expected, and the central bank must make sure that doesn’t lead to a growing inflation problem.
“While uncertainty remains elevated, it is now becoming clear that the tariff increases will be significantly larger than expected,” Powell said in prepared remarks Friday at the Society for Advancing Business Editing and Writing annual conference. “The same is likely to be true of the economic effects, which will include higher inflation and slower growth.”