Economy Up and Flu Down in a Stressful Week
A financial report card for U.S. banks returned the economic crisis to the top of the news agenda last week while the fighting in Pakistan and Afghanistan also became a major story.
A financial report card for U.S. banks returned the economic crisis to the top of the news agenda last week while the fighting in Pakistan and Afghanistan also became a major story.
The Project for Excellence in Journalism did not issue a News Index report this week, but the data is available.
Bloggers and social media balanced their attention last week among a wide array of subjects that differed dramatically from top stories in the mainstream media.
Last week, the economic meltdown generated its highest weekly level of coverage since the crisis exploded last fall. And the majority of media attention was focused on a three-letter acronym that became a four-letter word.
With the AIG bonuses fueling outrage, the economic crisis received more attention from the social media last week than any other topic since PEJ began its NMI two months ago. And the week’s most viewed video was a casting call that turned into a stampede.
Barack Obama made headlines with some major appointments last week. But the bigger story was the deepening crises the new administration will face—a cratering economy domestically and a set of global challenges highlighted by the Mumbai terror attack.
Barack Obama’s official transition to power swamped the news last week. And even that may understate the extent to which he commandeered the agenda, with an early edict on Gitmo and a full-court press on a stimulus package.
Coverage of the nation’s financial crisis reached new heights last week as Congress struggled to produce a bailout package. But when it came to the presidential campaign narrative, the match-up in Missouri proved more interesting to the media.
In the final week of the campaign, both presidential candidates continued to pound away at each other’s economic policies. But as they examined the details of the last polls, the battlegrounds, and the strategy, the media had all but anointed a winner.
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