All the President’s Words, Part II

What case did the president make for reform Wednesday night? Not a very persuasive one, in my view. For me, the big takeaway from President Obama’s press conference was that finally—finally—he revealed what this year-long exercise has been about. Whether viewers caught it among all the rhetoric was another matter. For the most part, learning anything specific took a lot...

The New York Times, or, Cellophane, Mr. Cellophane

Here are some news organizations that are not The New York Times: PBS, CBS, NBC, The Washington Post, the blogosphere, ABC News. I mention that in an attempt to explain an otherwise fairly inexplicable "White House Memo" in today's Times--one that seems to try so hard to be counterintuitive that it loses itself in its own hall of...

The Economy Today: Dow 9,000

The economy’s still down, but corporate profits are up, and so is the Dow Jones Industrial Average. The Wall Street Journal reports that the Dow cleared the 9,000 mark for the first time since January yesterday, on the strength of “better-than-expected profit reports from the likes of Ford, eBay and AT&T.” The index is now up more than...

The Times Takes on High-Frequency Trading

The New York Times puts the high-frequency trading issue front and center on the nation's agenda this morning with an excellent story above the fold on page one. We've been calling for the press to hit this topic for weeks, ever since Reuters broke the news that an ex-Goldman Sachs employee had been arrested for...

Chinese Characters (140 of Them)

On today's "Morning Edition," NPR's Andrew Kuhn takes a look at Twitter's usage in China. It's a look predicated on a question: why the violence that erupted earlier this month between ethnic-minority Uighurs and majority Han in Xinjiang province didn't seem to involve social media in the same way that the Iranian protests have. The primary answer to...