CNBC’s Jim Cramer is going after the Financial Times following a spat over the latest US inflation reading for July. The feud emerged following the Labor Department informing that consumer prices jumped by 8.5% last month, a slight downtick compared to June.
The Financial Times “Alphaville” blog had earlier ridiculed Cramer for proposing the US had hit the pinnacle of inflation, writing in a July 13 post that his prognosis “leads us to worry that it hasn’t.”
When the latest figures surfaced, Cramer immediately requested that the publication apologize for its past mockery.
“Waiting for the Financial Times to apologize for trashing me when I said we have peak inflation,” Cramer tweeted. “I think their insulting words actually are NOT funny.”
Following Cramer’s tweet, the “Alphaville” blog responded with a post entitled “Jim Cramer: An Apology” but came with a sarcastic tone, which is likely not what the CNBC host wanted.
“In a previous Alphaville post, we may have implied that Jim Cramer’s peak-inflation call was a reverse indicator for our readers. We regret the error. It was not our intention to give Cramer’s opinions any credence whatsoever,” the publication wrote.
“Today we learned that US consumer prices rose 8.5 percent in July from last year. That is, manifestly, lower than the 9.1-per-cent reading from June. Based on this single data point, and having now accepted that the core measure of CPI is likely to prove more transient than a CNBC presenter’s umbrage, we pledge to never again try to predict “peak Jim Cramer.”
Eduardo Razo is the Assistant Content Editor for BNM, which includes writing daily news stories on the news media industry. He can be found on Twitter @eddierazo_ or you can reach him by email at firstname.lastname@example.org.
Mehdi Hasan: ‘Liberal Media’ Downplayed New Italian Prime Minister’s ‘Ties to Fascism’
“How about in the year 2022 we stop playing down, minimizing, whitewashing people who literally say or do fascist things?”
MSNBC host Mehdi Hasan took aim at the “quote unquote liberal media” for its lack of criticism of new Italian Prime Minister Giorgia Meloni and her ties to fascism.
The Mehdi Hasan Show host began Sunday’s show by defending a recent tweet discussing Meloni’s victory in Italy’s election, and the problematic nature of some of her comments.
He mentioned he expected Republicans to embrace the new Italian Prime Minister, saying they are “at best, to quote the President, semi-fascist themselves”.
Hasan continued by saying “what has been so depressing, is just how much of the quote unquote liberal media — the mainstream media — are giving her a pass or playing down her and her party’s fascist roots, focusing more on the fact that she is female, and less on the fact that she is a fascist. That has been deeply, deeply depressing to see.”
He concluded by equating headlines from The Washington Post and The New York Times, among others, to those surrounding the 2020 election that said Donald Trump wouldn’t participate in a coup attempt.
“Look, I have a humble suggestion for many of my colleagues in the quote unquote liberal media,” Hasan said while he ended his monologue. “How about in the year 2022 we stop playing down, minimizing, whitewashing people who literally say or do fascist things? People who want to overturn elections and ban Muslims. People who, as in the case of Italy’s next Prime Minister, spout great replacement theory, while running a political party that has a direct connection back to Benito Mussolini himself? Can we try doing that? Please?”
Natalie Morales Joining CBS News
“It’s a privilege to contribute to the CBS News programs and I’m hoping to tell the stories that matter and to talk about issues many of us face,” said Morales.
Former NBC News anchor Natalie Morales is joining CBS News as a correspondent.
Morales left NBC News in October of last year, joining The Talk on CBS with Sheryl Underwood, Amanda Kloots, Jerry O’Connell, and Akbar Gbaja-Biamila. She will continue on the show, in addition to her new duties.
Morales, who will begin with CBS News on November 1st, will contribute to 48 Hours, as well as CBS Sunday Morning, and CBS Mornings.
“It’s a privilege to contribute to the CBS News programs and I’m hoping to tell the stories that matter and to talk about issues many of us face,” said Morales. “48 Hours pioneered true crime television and I’m looking forward to working with the great team of producers and correspondents to bring the best stories to CBS viewers on Saturday nights.”
Morales spent 23 years at NBC, most notably working on Dateline and The Today Show.
“Natalie is one of the best in the business and a welcome addition to CBS News,” said President and co-head of CBS News and Stations Neeraj Khemlani. “She has excelled at the highest levels – from network morning shows to longform storytelling – and we couldn’t be more thrilled to have her on our team. She will be doing stories for 48 Hours, CBS Mornings, CBS Sunday Morning and others. She knows how to get to the heart of a tough story with compassion and grace.”
Greg Gutfeld Questions How Media Covers Acts of Violence
Gutfeld expressed outrage at the way some media outlets cover stories of random violence being carried out against innocent people.
Fox News host Greg Gutfeld expressed outrage at the way some media outlets cover stories of random violence being carried out against innocent people.
During “The Five” on Friday, Gutfeld said that he believed the viewing public is becoming numb to stories in which innocent people are hurt.
“These things are happening with such mundane patterns or activity that we’ve gotten used to it,” he said. “Also, the media is not interested in [covering] it. We are doing it, but I don’t think this is on MSNBC or CNN, but I don’t know that because I don’t watch them.”
Gutfeld was referencing the story of a New York City Emergency Medical Service, Lt. Alison Russo-Elling, who was stabbed to death by a random stranger. Russo-Elling was heralded for her service during 9/11. She worked for the city for 25 years.
“It seems like the mainstream media is too interested in racism, activism, and pronouns and then when they do their stories, they just go onto Twitter to see how clever they can be.”
“This woman survived 9/11 but couldn’t survive a trip to the bodega,” he said. “The crazy person aspect is becoming this thing with every story.”
Gutfeld added that elected officials care about stories like this when their job is up.
“They don’t care about people in marginal populations like the drug addicted or homeless,” he added. “The people that are committing a lot of these crimes are complete cowards.”
Ryan Hedrick serves as the Assistant Program Director and Co-Host of the Morning News Express at WFMD. Prior to WFMD, he hosted an afternoon program at News Talk 103.7 FM in Chambersburg, PA. He has worked at Sirius XM in Washington D.C., WBEN in Buffalo, NY, and for stations in Baltimore, MD. He has also worked at WIBW-AM in Topeka KS, earning the Kansas Association of Broadcasters (KAB) award for Major Market enterprise reporting in 2016. To connect with Ryan, find him on Twitter @SureToCover.