Business news is the type of journalism that covers the economic and financial activities, changes and progress of a society. It is one of the most popular and widely read genres in newspapers, magazines, radio and television. Often known as finance or commercial journalism, it is a broad subject that includes everything from personal finance news to the latest public interest stories concerning major companies and corporations.
Businesses are the institutions that exchange goods and services with the aim of making a profit. They can be private, family-owned or owned by multiple individuals, groups or institutions. Profits are used either to reinvest in the business or return them to shareholders. In some cases, profits are used for philanthropic purposes. Some businesses are privately owned; others are publicly listed and traded on stock markets.
The term “business” can also be used to refer to a company’s vertical industry, the field in which it operates. Examples of such industries include banking, retail and real estate. A business can also be an organization that provides a service to a specific market, such as a law firm or a consultancy.
In addition to reporting on economic and commercial changes, business news is responsible for analyzing the effects of these changes on the everyday lives of people. This type of journalism is important to citizens, as it allows them to stay informed about what is happening in the world around them. It is also essential to the economy, as it informs consumers about what products and services are available, which in turn helps drive sales and consumer spending.
While business news is an important aspect of any media outlet, it can be difficult to find and digest due to the vast amount of information that is produced on a daily basis. However, the internet has helped streamline access to business news and has allowed journalists to be more selective about what they choose to cover. In addition, social media platforms such as Twitter and Facebook have provided additional opportunities for business journalists to connect with audiences and discuss the latest trends in business news.
Eric Noe is editor-in-chief of Business News Daily, overseeing all editorial content operations. He has 15 years of experience running digital content teams in traditional media and startups. His executive management work has spanned global and business news, philanthropic social impact campaigns, and brand-building content and marketing partnerships. He holds a bachelor’s degree in English from Emory University and a master’s in journalism from Northwestern University’s Medill School of Journalism.
Kevin Hannon is a senior UI/UX designer at Business News Daily, managing the branding, product interface ideation, design, iteration and testing of the website’s user experiences. Prior to his time at Business News Daily, he spent two years in CVS Health’s UX Lab helping to create a better online prescription experience. He has 20-plus years of experience in product and brand design across a variety of industries, including education, telehealth, finance and retail.