Economy

Good News on NBC: Texas Economy Booming Under Oil Rush

'Nightly News' segment details how economy is flourishing and says boom 'could pay off nationwide.'

GOP Senator Vows to Close Down Senate Until 'Vote on Offshore Exploration'

Sen. Jim DeMint calls Pelosi, Democrats 'hypocrites' for urging Bush to release oil from the strategic reserves and opposing drilling.

NBC Promotes Green Agenda in G-8 Summit Report

'Nightly News' blasts U.S. government for inaction on climate change and promotes expensive Japanese efforts.

ABC Notices Market Response to Gas Prices

'World News' acknowledges the private sector will react to high costs of traditional fuel with investment in alternatives

'Evening News:' Food Stamp Allotments Aren't Enough

CBS emphasizes hardship of food stamp users, complains that government has not increased federal assistance to match food inflation.

Today's Lead Story: "Gloom" From "Awful Sales Numbers" Means Plummeting Economy

The Times' gloomiest economics reporter Peter Goodman leads with "awful sales numbers" for autos, and paints an economy headed for the abyss.

NBC News: Oil to $300-$400 a Barrel if Iran Attacked

Network's chief foreign correspondent warns Middle East turmoil could more than double petroleum price.

ABC Misses Investment Opportunity as Stock Market Slumps

'World News' segment about bad month for markets ignores investing golden rule: When stock prices are cheap is the best time to invest for long-term.

CNN: Suburbs the New Ghetto with Neighbors 'Firing' Crack Pipes

'Your $$$$$' team mentions blogger feedback about being too 'grim,' but spreads fear about foreclosure effect on suburbs.

Morning Show 'Depression' Obsession: Is Today Another 'Black Friday'?

NBC and ABC compare stock market to worst financial crisis in U.S. history.
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