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Bloomberg News

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Bloomberg - Left Center BiasLEFT-CENTER BIAS

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.

Factual Reporting: HIGH
World Press Freedom Rank: USA 45/180

History

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. Bloomberg is a business-focused news organization headquartered in New York City. Bloomberg News is a division of Bloomberg L.P.which also includes 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 EconomistJohn Micklethwait is the editor-in-chief of Bloomberg News since 2015. Michael R. Bloomberg is the President & CEO.

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 a digital subscriber to have full access.

Analysis / Bias

Michael R. Bloomberg Philanthropies’ five areas of focus 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 utilize themselves, 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 factual search reveals that Bloomberg has published one half-true claim. This does not constitute a failed a fact check by our criteria.

Overall, we rate Bloomberg Left-Center biased due to story selection that slightly favors the left and factually high due to proper sourcing. (5/15/2016) Updated (M. Huitsing 7/17/2018)

Source: https://www.bloomberg.com/


 

 

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