David Rovella

David Rovella is an evening briefing reporter at Bloomberg, focusing on the US economy and financial markets. He often covers breaking news and provides analysis on economic indicators, corporate earnings, and Federal Reserve policy. Rovella has a background in finance and economics journalism, with previous experience at Reuters and TheStreet. His articles primarily cover topics related to the economy, monetary policy, and financial markets.

88%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

88%

Examples:

  • The author has a tendency to present information in line with the Federal Reserve's target, potentially showing a slight pro-establishment bias.

Conflicts of Interest

75%

Examples:

  • The author's employer, Bloomberg, may have financial ties to the companies they report on which could potentially influence their reporting.

Contradictions

86%

Examples:

  • In one article, the author reported that the US economy continued its seemingly unstoppable ascent out of the pandemic recession and its inflationary aftermath, while also mentioning that Dow Jones futures fell modestly overnight. This could be seen as a contradictory statement.

Deceptions

100%

Examples:

  • In one article, the author failed to disclose that Intel (INTC) and Visa were among notable earnings reports overnight. This could be seen as deceptive to readers.

Recent Articles

Four Wall Street Banks Identified with Derivatives Issues in Regulatory Wind-Down Plans: JPMorgan, Bank of America, Goldman Sachs, and Citigroup

Four Wall Street Banks Identified with Derivatives Issues in Regulatory Wind-Down Plans: JPMorgan, Bank of America, Goldman Sachs, and Citigroup

Broke On: Sunday, 23 June 2024 Four major Wall Street banks, including JPMorgan Chase, Bank of America, Goldman Sachs, and Citigroup, have been identified by US regulators as having weaknesses in their wind-down plans. The Federal Reserve and FDIC found issues with how each bank handles derivatives. These findings follow similar weaknesses identified in living wills of four other large banks earlier this year.
US Economy Grows Strongly in Fourth Quarter of 2023 with Annualized GDP Growth Rate of 4.1%

US Economy Grows Strongly in Fourth Quarter of 2023 with Annualized GDP Growth Rate of 4.1%

Broke On: Wednesday, 31 January 2024 The US economy grew at a strong pace in the fourth quarter of 2023, with GDP growth coming in at an annualized rate of 4.1%. This was higher than expected by economists and marks a significant improvement from the previous quarter's growth rate. The main drivers of this growth were consumer spending, business investment, government outlays and exports.