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Business Journalism: How to Report on Business and Economics by Keith Hayes

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Newswire Agencies and Their Role

Newswire agencies, also known as newswires, are vitally important to business news journalists, whether they work for newspapers or electronic enterprises. Newswire agencies report on events, announcements, economic statistics, and other developments that are relevant to the markets.

Journalists at these organizations have to be extra-talented, extra-analytical, and above all extra-careful. They normally have a close relationship to business, government, politics, bankers, brokers, and other members of the broad economic community. This isn’t just because they distribute news to thousands of news outlets and other ...

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