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The Wall Street Journal _used_ to be a good financial reporting paper. The editorial page has always been hard-right (varying between mercantilism to straight-u
by evgen 4y ago
The Wall Street Journal _used_ to be a good financial reporting paper. The editorial page has always been hard-right (varying between mercantilism to straight-up fascism depending on the era) but the general reporting was solid and you could depend on it to tell you the truth with as little spin as possible. This was very important when it was the primary source of business and financial news in the US. By the time Murdoch bought it things had started to slip a little because Bloomberg had eaten a large chunk of the 'deliver fact-based news I can use to make trading decisions' mandate and as you would expect, everything Murdoch touches turns to shit. The current WSJ is now basically a print version of Fox Business News and will never regain the trust and reputation it once commanded.
- wolverine876 4y ago> The current WSJ is now basically a print version of Fox Business News and will never regain the trust and reputation it once commanded. You and I are the only people I know who think that. Everyone else I know treats the WSJ just like they did pre-Murdoch.