Not Exactly "Reality Based" Programming
Reported by Melanie - March 29, 2005
Today (March 29, 2005) on Wall Street, the Dow fell 79.95 points and the Nasdaq fell 18.64 points. Investors were "jittery" ahead of Friday's employment report and concerned that consumer confidence fell to 102.4, instead of the expected 103. Investors worried that rising gasoline prices may cause consumers to slow their spending and cause employers to cut jobs in order to meet higher fuel costs.
Comment: Do you know what Fox News' "premiere business news" program, Your World w/Neil Cavuto said about all this today? Nothing. None of it was mentioned. Ever. The UN was mentioned. Kofi Annan was mentioned. "The dying" Terri Schiavo got two segments. But Wall Street? Nope. If you watched Your World today, your economic world wouldn't have been ruffled. (Given Bush's already-bad poll numbers, Fox must have though it best to keep today's financial news off the air.)
