Nearly three out of four (74 percent) of financial journalists are bullish on the economy, according to poll of more than 400 US-based reporters conducted by Gorkana Group and DuPaul University professors Matt Ragas and Hai Tran.
A similar poll conducted in 2014 found only 45 percent of financial journalists surveyed had a positive outlook for the economy for the next year. Only 18 percent were positive in the 2012 survey.
"After so much bad news, it is significant that financial journalists, who do so much to shape perceptions of the economy and have the benefit of talking to a broad range of informed commentators and business leaders, have a broadly positive outlook for the economy and sector," said a statement from Jeni Chapman, US managing director of UK-headquartered Gorkana.
The survey shows that credibility of key sources has improved. CEO credibility, for instance, rose 10 points to 61 percent from 2012.
The public relations business though falls short in the credibility department as only 13.1 percent of the respondents found PR people to be "highly credibility sources."
That's a credibility dip from13.9 percent and 14.8 percent, respectively, during the past two surveys.
PR is once again last in the credibility rating in the nine sources ranked. It trails non-governmental organization sources at 17.7 percent.
Gorkana also gauged feedback from journalists about how PR people can bolster relationships with the press.
"Always tell the truth" topped the list at 90.1 percent. "Develop better understanding of beats" ranked next at 88.1 percent.
"Develop greater knowledge of subjects, companies and industries" (84.2 percent), "provide better access" (83.1 percent), "pitch ideas that are newsworthy and leverage news trends" (76.2 percent) and "be more responsive" (71.2 percent) followed.
Trump Media & Technology Group today reported a $58.2M net loss on $4.1M in 2023 revenues, a disclosure that drove its stock price down 22.6 percent to $47.96.
Barry Pollack, an attorney at Wall Street’s Harris St. Laurent & Wechsler, has registered Julian Assange as a client with the Justice Dept. “out of an abundance of caution.”
Paramount Global to slash 800 jobs in what chief executive Bob Bakish calls part of an effort to “return the company to earnings growth"... Rolling Stone editor-in-chief Noah Shachtman is exiting at the end of the month due to disagreements with chief executive Gus Wenner over the direction the magazine is taking... The New York Times broke the $1 billion barrier in annual revenue from digital subscriptions in 2023... Press Forward is investing more than $500 million to strengthen local newsrooms.
The majority of news articles are read within the first three days of publication, according to a recent report.
The Los Angeles Times gives pink slips to 115 people or 20 percent of its newsroom staff... TIME is also laying off about 30 employees, which is approximately 15 percent of its editorial staff... The Baltimore Banner, which was launched by Stewart Bainum in 2022 after he failed to buy the Baltimore Sun, added 500 subscribers per day in the three days following Sinclair Broadcast Group's deal to purchase the Sun.
Have a comment? Send it to 
No comments have been submitted for this story yet.