Factual Reporting: MIXED
World Press Freedom Rank: USA 45/180
Founded in 1984 by entrepreneur and stockbroker William O’Neil, Investors Business Daily (IBD) is a conservative American newspaper and website covering the stock market, international business, finance, and economics. In March 2016, IBD became a weekly publication that focuses more on digital operations. The publication continues to use the Investor’s Business Daily name as it continues to publish daily on its website. Although IBD mostly reports on economics and finance they also allow lobbyists and PR reps for right-wing think tanks like the Heartland Institute and the Competitive Enterprise Institute to write pseudo-scientific propaganda.
Funded by / Ownership
IBD is owned by Data Analysis Inc and is funded through advertising, subscriptions, and investment product sales.
Analysis / Bias
In review, Investors Business Daily primarily reports on economics, markets, and investing. They also report on politics, especially through their editorial section with a very strong right-wing bias. There is the moderate use of loaded language in their articles that significantly favors the right, such as this: Democratic Socialism: Who Knew That ‘Free’ Could Cost So Much? For the most part, IBD sources their market information to credible mainstream and government websites.
Investors Business Daily strays from the consensus of science in regards to climate change and they have made outrageous and false claims, such as Stephen Hawking would be dead if he lived under England’s Government health care system. This is a false propaganda statement as Stephen Hawking is a citizen of the UK and lives there. Hawking claims the British Healthcare system saved his life and kept him alive to old age.
Failed Fact Checks
- IBD editorial board claims that cap-and-trade is unpopular in America – FALSE
- Private health insurance not banned on page 16 of the House bill – PANTS ON FIRE
- Investor’s Business Daily editorial misrepresents study to claim plants will prevent dangerous climate change – FALSE
- Was it recently revealed that the U.S. found uranium in Iraq after the invasion in 2003 – FALSE
Overall, we would rate Investors Business Daily Right Biased based on right-leaning economic and market positions. We would also give them a High factual rating on strictly investing and market news. However, editorially IBT is clearly a Questionable source with the promotion of right-wing conspiracy theories and numerous failed fact checks. In sum, we rate them far-right Biased and Mixed for factual reporting. (6/14/2016) Updated (D. Van Zandt 1/18/2021)