Rafael Nam

Rafael Nam is NPR's senior business editor. Nam has over two decades of experience in financial correspondence and editing. He joined NPR in 2020 after spending most of his career at Reuters in Asia, where he started as a stock market correspondent in Seoul, South Korea, and later moved to Hong Kong to cover investment banking. During his time there, he broke news on major deals and helped launch an online financial video unit, serving as an anchor and analyst. Nam then led the markets and central bank teams in India, where he reported on significant stories such as the collapse of the Indian Rupee currency and the government's decision to eliminate high-denomination currencies. In India, he spent months investigating an insider trading scheme in Indian stock markets, which led to a regulatory investigation of traders that shook the financial sector.

Biography:  https://www.npr.org/people/1241179065/rafael-nam

70%

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 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

79%

Examples:

  • Analysts had cautioned that Trump Media shares were trading completely divorced from its actual financial health.

Conflicts of Interest

75%

Examples:

  • Shares of Truth Social are slumping, wiping out billions of dollars in value in former President's Trump's stake.
  • Trading has been remarkably volatile since its debut, with some big swings. The sharp declines over the past two days will take a big bite out of Trump's paper gains.

Contradictions

81%

Examples:

  • All three major indexes hit record highs earlier on Thursday.
  • Shares ended the day at $26.61.
  • The Federal Reserve raised interest rates to cool down prices, impacting consumers with high loans.

Deceptions

52%

Examples:

  • In a couple years I will be really rich or really broke. I chose to believe that free speech and Truth will win out in the end.
  • It's only a matter of time where they become disillusioned.
  • Shares of Trump Media & Technology Group surged 26% on Thursday, marking a second consecutive day of strong gains.

Recent Articles

Trump Media & Technology Group: Legal Dispute with Ex-Apprentice Contestants and Suspected Market Manipulation Allegations

Trump Media & Technology Group: Legal Dispute with Ex-Apprentice Contestants and Suspected Market Manipulation Allegations

Broke On: Friday, 22 March 2024 Trump Media & Technology Group, led by Donald Trump and Wes Moss-Andy Litinsky, is embroiled in a legal dispute over the sale of their 8% stake worth over $220 million. The company alleges poor decision-making contributed to a merger delay and aims to prevent the sale. Simultaneously, Trump Media suspects market manipulation through naked short selling and has alerted Nasdaq. Despite going public with losses and concerns, investors remain optimistic about free speech on Truth Social.
Trump's Media Company Files for Additional Shares Amidst Criminal Trial Jury Selection, Stock Drops 20%

Trump's Media Company Files for Additional Shares Amidst Criminal Trial Jury Selection, Stock Drops 20%

Broke On: Monday, 15 April 2024 Former President Trump's media company, Trump Media & Technology Group (TRMP), saw a 20% drop in stock price on April 15, 2024, after announcing plans to issue additional shares worth over $3 billion. The filing revealed Trump holds over 78.8 million shares and stands to gain more if the stock price stays above a certain level.
Trump's Truth Social Merger Leads to 30% Stock Drop and Financial Losses

Trump's Truth Social Merger Leads to 30% Stock Drop and Financial Losses

Broke On: Tuesday, 09 April 2024 Truth Social's stock fell 30% since its merger with DWAC, which had no real operations and faced financial losses. Trump may have misled investors with his post on Truth Social last week.