Associated Press
Why AP Media Bias Deserves High Level of Scrutiny
The Associated Press has historically been considered the "gold standard" of objective journalism. It operates a wire service, meaning local and national news organizations around the country use AP's content to fill gaps in their coverage. That means AP news content has extremely wide impact and reach.
As such, AllSides does particularly extensive analysis of AP. When AP displays political bias, or fails to portray political events, legislation, and perspectives in a balanced and even-handed way, the impact is broad and far-reaching. A media outlet that is relied upon by outlets all over the country deserves a high level of scrutiny when it comes to political bias.
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U.S. stocks are diving Thursday and surrendering much of their historic gains from the day before as President Donald Trump’s trade war continues to confuse and threaten the economy, even if its temperature has cooled a bit.
The S&P 500 was down 5% in midday trading, slicing into Wednesday’s surge of 9.5% following Trump’s decision to pause many of his tariffs worldwide. The Dow Jones Industrial Average was down 1,724 points, or 4.2%, as of 12:40 p.m. Eastern time, and the Nasdaq composite was 5.7% lower.