Last updated on April 6th, 2021 at 03:00 pm
These media sources have a slight to moderate liberal bias. They often publish factual information that utilizes loaded words (wording that attempts to influence an audience by using appeal to emotion or stereotypes) to favor liberal causes. These sources are generally trustworthy for information but may require further investigation. See all Left-Center sources.
- Overall, we rate Bloomberg Left-Center biased due to story selection that slightly favors the left. We also rate them Mostly Factual in reporting, rather than High, due to not covering Michael Bloomberg and his Democratic Presidential rivals during the primaries.
Bias Rating: LEFT-CENTER
Factual Reporting: MOSTLY FACTUAL
Country: USA (45/180 Press Freedom)
Media Type: TV Station
Traffic/Popularity: High Traffic
MBFC Credibility Rating: HIGH CREDIBILITY
Bloomberg or Bloomberg News was founded in 1981 by businessman and the former three-term (2002-2013) mayor of New York City, Michael R. Bloomberg. It is a business-focused news organization headquartered in New York City. Bloomberg News is a division of Bloomberg L.P., including a global television network (Bloomberg Television), digital websites, radio stations (Bloomberg Radio), subscription-only newsletters, and three magazines: Bloomberg Magazine, Bloomberg Businessweek, and Bloomberg Markets.
Bloomberg delivers business and markets news, data, and analysis to its readers. Further, they also have a section under politics called “Trump Tracker,” which tracks the latest news and reports on Donald Trump. Former editor of The Economist, John Micklethwait is the editor-in-chief of Bloomberg News since 2015. Michael R. Bloomberg is the President & CEO.
On November 24, 2019, majority owner Michael Bloomberg announced he is running for President of the United States as a Democratic Party Candidate. We will monitor Bloomberg News for changes in reporting and editorial bias based on this decision. Further, they announced they would not cover Michael Bloomberg or his Democratic rivals because the primary Bloomberg News will not investigate Mike Bloomberg or his Democratic rivals during the primary.
Funded by / Ownership
Michael R. Bloomberg is the founder and majority owner of Bloomberg LP (The parent company of Bloomberg News). According to Investopedia, Bloomberg Terminal (remote software used to access financial information) is the most expensive among financial data providers. Bloomberg News started to charge visitors for its content with a metered paywall in 2018, limiting users to view 10 articles per month and 30 minutes of Bloomberg TV Livestream daily. After 10 articles, readers have to become digital subscribers to have full access.
Analysis / Bias
Michael R. Bloomberg Philanthropies’ five focus areas are public health, arts and culture, the environment, education, and government innovation. As a philanthropist, Bloomberg has given over $3.3 billion in support of education, public health, government innovation, the arts, and the environment. Michael R. Bloomberg is the president of the C40 Climate Leadership Group. Further, Michael R. Bloomberg endorsed Hillary Clinton for the 2016 presidential election.
In review, Bloomberg publishes stories with moderately loaded emotional headlines such as this editorial: “America’s Values Must Guide White House Diplomacy That’s why the Trump-Putin summit is so risky,” “Kavanaugh and Partisanship on the Supreme Court” and Trump Gives Putin a Win in Finland, Kindling New Outrage at Home.” When it comes to sourcing, Bloomberg typically utilizes itself, but they also use credible sources such as CBS News, oyez.org, and the New York Times. They also re-publish articles from the Associated Press.
A 2014 Pew Research Survey found that 43% of Bloomberg’s audience is consistently or mostly liberal, 28% Mixed, and 39% consistently or mostly conservative. This indicates that a more liberal audience slightly prefers Bloomberg.
Failed Fact Checks
- None to date
Overall, we rate Bloomberg Left-Center biased due to story selection that slightly favors the left. We also rate them Mostly Factual in reporting, rather than High, due to not covering Michael Bloomberg and his Democratic Presidential rivals during the primaries. (5/15/2016) Updated (M. Huitsing 03/15/2021)