Business news is any information about the world of commerce and economics. This is the subject of much journalism, including articles in newspapers, magazines and on radio and television news programs. It also is the focus of many online news outlets and blogs.
The word business is derived from the Latin term busia, meaning “doing business.” It’s also part of several common phrases, such as “It’s all business,” which means it’s time to get down to work, and “The business of running a restaurant is tough, but it can be rewarding.” Business is so large and important in our daily lives that it has even become a verb, with the phrase “to be in business” meaning to operate a commercial enterprise.
Businesses are organizations that exchange goods or services for money. They may be privately owned and operated or publicly traded. In order to be considered a business, an organization must have the ability to make and keep records and must have the capacity to manage risk. The primary purpose of any business is to make a profit from the transaction. If the profit is returned to the owners, it’s known as a for-profit business; if it’s used to achieve a stated goal, such as improving infrastructure, it’s known as a not-for-profit.
In addition to news organizations, business news is often reported in trade publications, which cover specific industries. The Library of Congress has a number of print and microform trade publications, which can be located by using our online catalog and the search strategies outlined in this guide.
Business news covers a wide range of topics, from national and international economies to financial markets and equities. It also includes news about companies, industry trends and developments, employment opportunities, corporate earnings, and personal finance. This area of journalism has been around since 1700, when Daniel Defoe (author of Robinson Crusoe) began publishing his newspaper.
While the most prominent form of business news is found in newspapers and magazines, it’s also a staple of radio and television news. Many major stations have a dedicated business news segment during the evening or weekday news program, while some have entire channels devoted to business coverage.
Adam Uzialko is an editor with Business News Daily, where he has worked for more than seven years covering small business and entrepreneurship. He’s an award-winning journalist with a background in public policy and regulations, SEO and communications. His previous work has been published in a variety of regional and national outlets. He is passionate about empowering business owners with the information they need to thrive and is constantly on the hunt for stories that will help readers grow their companies. His hobbies include traveling, hiking and spending time with his wife and two dogs.