Ben Casselman

Ben Casselman is an economic reporter for The New York Times, covering the U.S. economy with a focus on the labor market and its long-term trends. He has reported on real estate, the oil industry, and the aftermath of the Great Recession throughout his nearly 20-year career at The Wall Street Journal, FiveThirtyEight, and The Times itself. In addition to his journalistic work, Casselman teaches economics reporting at the Craig Newmark Graduate School of Journalism at CUNY. He adheres to strict journalistic ethics and makes a point of seeking out diverse perspectives in his reporting.

Biography:  https://www.nytimes.com/by/ben-casselman

93%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

95%

Examples:

  • The author seems to slightly favor the current administration's economic policies.

Conflicts of Interest

95%

Examples:

No current examples available.

Contradictions

86%

Examples:

  • Consumer Price Index data shows inflation ticked up to a 3.4% annualized rate in Q1 compared to 1.8% in Q4 of 2023
  • Inflation accelerated in the first quarter with annualized GDP chain price jumping from 1.6% to 3.1%.
  • Most expect the Fed to leave its benchmark rate alone again, with inflation remaining sticky despite the high interest rates meant to tame it.
  • U.S. GDP grew at a rate of 1.6%, which is slower than expected.
  • U.S. gross domestic product (GDP) grew at a 1.6% annual rate in the first quarter of 2024

Deceptions

93%

Examples:

  • But pay is still rising significantly faster than before the pandemic, and while policymakers don't believe that is a primary cause of recent price increases, they are concerned that it will be hard to bring inflation fully under control unless wage growth slows further.
  • That could add to fears that the labor market remains too hot to bring inflation fully under control.
  • The latest data carried bad news on all fronts.

Recent Articles

Mixed Signals on Wall Street: Southwest Airlines Surges Amid Activist Investor Interest, European Elections Upset Markets, and Inflation Data Awaited

Mixed Signals on Wall Street: Southwest Airlines Surges Amid Activist Investor Interest, European Elections Upset Markets, and Inflation Data Awaited

Broke On: Friday, 07 June 2024 Mixed Wall Street performance as investors await Fed interest rate decision and new inflation data; Southwest Airlines shares surge after Elliott Investment Management discloses $2bn stake; far-right parties make gains in French parliamentary elections, leading to snap election call and euro decline.
US Economy Slows Down to 1.6% Annualized Growth Rate in Q1 2024: Inflation, Consumer Spending, and Stagflation Concerns

US Economy Slows Down to 1.6% Annualized Growth Rate in Q1 2024: Inflation, Consumer Spending, and Stagflation Concerns

Broke On: Thursday, 25 April 2024 The US economy slowed down in Q1 2024 with an annualized growth rate of 1.6%, amid rising inflation and consumer spending remaining strong despite business inventory reductions (AP, CNN, NYT). The Federal Reserve's efforts to combat inflation have stalled due to these conditions, leading to concerns about stagflation and negatively impacting US stocks (CNN).

U.S. Economy Grows by 4.9% in Q3 2023, Surpassing Expectations

Broke On: Thursday, 26 October 2023 The U.S. economy grew by 4.9% in the third quarter of 2023. The growth rate surpassed economists' expectations of 4.7%. The increase in GDP is attributed to the rise in personal consumption expenditures, nonresidential fixed investment, and exports. The growth was partially offset by a decrease in private inventory investment.