Suzanne O'Halloran
Suzanne O'Halloran is a seasoned financial journalist with extensive experience covering financial markets, economic news, and corporate events. She currently serves as the Managing Editor of FOXBusiness.com where she oversees Wall Street trends, financial markets reporting from the New York Stock Exchange and Nasdaq Marketsite, as well as major newsmakers in the business world. Throughout her career at Yahoo Finance, Bloomberg, CNBC and BATS Trading (now owned by the CBOE), she has reported on significant global business stories including the Federal Reserve's response to COVID-19, 9/11-Wall Street, the Great Recession of 2008, Lehman Brothers' collapse, General Motors and Chrysler bailouts, and the 2010 Flash Crash. Suzanne has also been at the forefront of reporting on the Exchange Traded Fund (ETF) and cryptocurrency industries since their early stages. A graduate of Boston College and a member of The Association of Business Journalists (SABEW), she holds dual American-Irish citizenship. You can follow her on Twitter and LinkedIn.
78%
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
86%
Examples:
- President Biden's recent celebration of the S&P 500 crossing 5,000 level for the first time last week
- The article states ‘Expectations for June are even iffier, with just 24% expecting a cut.’ This statement implies that most people believe there will be no change in interest rates. However, this is not true as it only represents a minority opinion and does not reflect what the Fed has decided to do.
- The article states ‘U.S. stocks tumbled in a broad sell-off after a hotter-than-expected inflation report may jeopardize the Federal Reserve’s plan to cut interest rates.’ This statement implies that the Fed has already made a decision to cut interest rates and only needs one more piece of information (the inflation report) before making its move. However, this is not true as there is no evidence in the article that the Fed had previously planned to cut interest rates.
- The article states ‘While over 91% of market participants agree with Hatzius, the majority, 62%, don’t expect any move at the May meeting.’ This statement implies that most people believe there will be no change in interest rates. However, this is not true as it only represents a minority opinion and does not reflect what the Fed has decided to do.
- The Federal Reserve is responsible for inflation
Conflicts of Interest
85%
Examples:
- No evidence is provided to support that Bankman-Fried had shown no remorse.
- The defendant’s assertion that FTX customers and creditors will be paid in full is misleading, it is logically flawed, it is speculative.
Contradictions
93%
Examples:
- Berkshire Hathaway A-shares were displayed as having dropped 99.9%.
- Berkshire Hathaway Class A shares were incorrectly shown to be down 99.97%.
- Berkshire Hathaway Class A Shares were shown to be down nearly 100% before the issue was fixed.
Deceptions
62%
Examples:
- The article states ‘U.S. stocks tumbled in a broad sell-off after a hotter-than-expected inflation report may jeopardize the Federal Reserve’s plan to cut interest rates.’ This statement implies that the Fed has already made a decision to cut interest rates and only needs one more piece of information (the inflation report) before making its move. However, this is not true as there is no evidence in the article that the Fed had previously planned to cut interest rates.
- The article states ‘While over 91% of market participants agree with Hatzius, the majority, 62%, don’t expect any move at the May meeting.’ This statement implies that most people believe there will be no change in interest rates. However, this is not true as it only represents a minority opinion and does not reflect what the Fed has decided to do.
- The statement implies that most people believe there will be no change in interest rates. However, this is not true as it only represents a minority opinion and does not reflect what the Fed has decided to do.
Recent Articles
NYSE Technical Issue Causes Drastic Price Fluctuations for Berkshire Hathaway and Other Stocks
Broke On: Monday, 03 June 2024On June 3, 2024, the New York Stock Exchange experienced a technical issue causing significant price fluctuations for stocks like Warren Buffett's Berkshire Hathaway and Barrick Gold. The NYSE attributed the problem to industry-wide price bands published by the Consolidated Tape Association's Security Information Processor. Affected stocks have since reopened, and the issue has been resolved. Alphabet Surges Past $2 Trillion Market Cap on Strong Q1 Earnings and AI Investments
Broke On: Saturday, 27 April 2024Alphabet reports Q1 revenue of $80.5B, a 15% YoY growth, surpassing analysts' expectations and leading to a new market cap record of $2 trillion. Google's CEO Sundar Pichai attributes the success to Search, YouTube, and Cloud. The company announces its first dividend payment and authorizes a new $70B stock repurchase program. Sam Bankman-Fried Found Guilty of Wire Fraud Following FTX Collapse and $8 Billion Theft
Broke On: Friday, 29 March 2024Sam Bankman-Fried, founder of FTX cryptocurrency exchange, was found guilty on two counts of wire fraud and five counts of conspiracy following the collapse in November 2022. Over $8 billion stolen from customers due to poor management decisions by Sam and his team at Alameda Research LLC. 
Stock Market Takes a Hit after Hot Inflation Data Released: Dow Jones Falls 524 Points, Worst Trading Day in Over a Year
Broke On: Tuesday, 13 February 2024The US stock market took a hit on Tuesday after the release of hotter-than-expected inflation data. The Dow Jones Industrial Average fell 524 points or 1.3%, marking its worst trading day in over a year, due to concerns that higher prices may jeopardize the Federal Reserve's plan to cut interest rates and fears of rising costs for businesses and consumers alike.
