Business News is the branch of journalism that tracks economic and financial activities, processes and changes in societies. The scope of business news covers everything from market trends and company developments to monetary policy making in government. It also covers the global impact of economic factors, such as inflation, recession, and trade wars on businesses.
It is the role of business journalists to report precisely on these factors and their quantified impacts in order to empower investors and citizens to make informed decisions about their investments and expenditures. It is equally important to ensure that the public are well informed about economic policies, regulations, ethics and supply chain transparency so that they can stay safe from fraudulent practices and make choices that will contribute to a sustainable economy.
For most people, finance can feel intimidating. Even if they are not Wall Street brokers or “finance bros”, most people struggle to understand the world of stocks, investment plans and portfolios. This is especially true in less privileged communities, where high school students are still not taught personal finance skills and 60% of adults never talk about money with their children, according to a 2022 NerdWallet survey.
The need for business journalists in this field is growing, as are the opportunities for career-minded individuals with a passion for this niche. A professional degree in business journalism can give you the necessary tools to succeed in this rapidly changing landscape. In 2025, business journalists will need to be ready to balance emerging smart technology with traditional journalistic principles to appeal to a new generation of conscious consumers.