Business news is the aspect of journalism that covers the economic and financial activities of businesses, enterprises, and organizations. It is a broad category that includes news about industries, companies, and individual executives as well as broader market trends and developments. This type of news is often reported in newspapers, magazines, radio, television, and online. Many of these sources also provide specialized content for specific business sectors, such as technology or agriculture.
While there are a number of sources that report business news, some of the most widely recognized include The Wall Street Journal and The New York Times. Other important sources include The Observer, The Economist, and the BBC World Service. Many of these sources may be available in print or microform from the Newspaper and Current Periodicals Room at the Library of Congress. Additionally, some of these resources may be available through subscription databases such as Bloomberg.
A business is any organized activity that aims to profit in some way. The goods or services offered can be tangible, such as a car or soda, or intangible, such as consulting or education. Businesses can range from an individual with a side hustle to massive corporations. They can be in the service industry, manufacturing, or retailing, but in all cases they exist to seek profits through offering products or services and interacting with customers.
The origins of business news can be traced back to around 1700, when Daniel Defoe, best known for his novel Robinson Crusoe, began publishing financial and economic reports. However, it was not until the 1860s that business news became more widespread with the advent of the financial press and the growth of stock markets.
In modern times, business news is often seen as a necessary evil. The pursuit of profit drives the economy and creates jobs, but it can also lead to unethical behavior. This is largely due to the fact that companies are legally allowed to do nearly anything to maximize their profits, which can leave the consumer vulnerable. It is not unusual for accusations of corruption and fraud to be leveled against business leaders, but most are simply guilty of chasing the ever-elusive bottom line.
Adam Smith is the Editor-in-Chief of Business News Daily. He has more than 10 years of experience in journalism and content marketing. He has written on topics ranging from small business and entrepreneurship to emerging industries, such as legal cannabis, electric vehicles, and artificial intelligence. He is a New Jersey native and a Rutgers University graduate. In addition to his editorial duties, he leads the search engine optimization and content marketing efforts at BND.