This page hosts daily news stories about the media, social media, and the journalism industry. Get the latest Hirings and Firings, Media Transactions, Controversies, and more.
Wall Street Journal Defends Powell After Trump Criticizes Tariff Comments
The Wall Street Journal editorial board defended Federal Reserve Chair Jerome Powell following President Donald Trump’s criticism over Powell’s warning that Trump’s new tariffs could raise inflation and slow economic growth. Powell’s remarks, made at the Economic Club of Chicago, led to a market dip and provoked Trump to publicly suggest removing Powell. The Journal stated the central bank should not be expected to fix policy missteps by politicians and supported Powell’s cautious stance on rate cuts. Read More (The Hill Rating)
Federal COVID Website Revamped to Promote Lab Leak Theory
The covid.gov website, once a hub for vaccine and treatment information, now features content supporting the theory that COVID-19 originated from a lab in Wuhan, China. The site includes imagery linking former President Biden to the “lab leak” narrative and accuses Dr. Anthony Fauci of promoting a natural origin narrative. The overhaul eliminated public health data and LGBTQ-related content, reflecting a broader ideological shift. Meanwhile, COVID-19 continues to cause hundreds of weekly deaths in the U.S., with vaccination rates remaining low. Read More (Associated Press Rating)
Rumble Seeks to Advance Lawsuit Alleging Ad Industry Boycott
Rumble is asking a federal judge to let it proceed with claims that the World Federation of Advertisers, GroupM, and Diageo conspired to restrict ad revenue by enforcing strict brand safety standards. The company argues that these standards effectively created a boycott against platforms like Rumble that don’t conform. The defendants maintain their actions were independent and that the standards are voluntary. The court is expected to hear further arguments by June 17. Read More (MediaPost Rating)
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