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.
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Even before the coronavirus pandemic, the U.S. rental market was in trouble. In 2017, economist Andrew Dumont calculated that 46.8% of U.S. renter households spent more than 30% of their income on housing. Poorer households, unsurprisingly, were even more heavily burdened; in 2015, the lowest-income quintile spent more than half of their income on rent.
Then came the pandemic. Although federal relief managed to support many unemployed workers and distressed businesses, many people fell through the cracks, failing to qualify for special unemployment benefits or bailout funds. And many Americans who didn’t have formal jobs before the crisis are in danger of the loss of under-the-table income. Now tens of millions of these unlucky people say they’re unable to pay rent, and a tidal wave of evictions is looming. Meanwhile, some landlords may be using the chaos and confusion of coronavirus to evict tenants they had wanted to get rid of for a while.