The Importance of Business News

Business news is the segment of journalism that covers commercial activities and economic trends. It is an important part of overall news coverage and can be found in newspapers, magazines, radio, television and online. Business news articles cover a wide range of topics including finance, banking, commerce, industry and trade.

The origins of business news can be traced back to around 1700 when Daniel Defoe, author of the classic novel Robinson Crusoe, began publishing financial and industrial news. Later in the 19th century, Charles Dow and Edward Jones founded a stock market wire service and The Wall Street Journal, which would become one of the most widely read newspaper in history.

Today, business news is published worldwide. It is a broad genre that encompasses everything from the latest company earnings to mergers and acquisitions to global political events that impact the economy. While many people may not realize it, business news impacts us all, from the prices we pay for goods and services to the jobs that are created or lost.

A key function of business is creating value for customers through products or services that meet their needs. This value can be created through a variety of means, from traditional market research and customer feedback to new product development and entrepreneurship. The resulting profits can then be used to fund future growth and investments. A successful business must also be able to adapt to changing conditions and compete in new markets.

While some businesses are purely profit-seeking, this doesn’t mean they can’t contribute to the welfare of society. By providing jobs, supporting local economies and generating innovation, businesses can help create more equitable societies. However, the pursuit of profits can lead to unethical behavior and even societal collapse, which is why a responsible business should be held accountable for its actions.

Skye Schooley is a staff writer at Business News Daily with a focus on human resources content. Her goal is to inform and inspire small business owners with relevant information on workplace culture, communication and diversity. She does this by researching and interviewing experts in the field to produce articles that are both informative and helpful. Prior to joining the B2B world, she gained B2C experience performing content marketing, data analysis and search engine optimization.

Breaking News – Be the first to know about big stories as they develop. Delivered as they happen.

Morning 10 – A carefully curated roundup of New York business news and insights to go with your coffee. Delivered weekday mornings.

Real Estate Daily – A snappy roundup of real estate scoops, analysis and Deals of the Day built for New York real estate enthusiasts. Delivered weekday afternoons.

If you need further assistance with your business research, our Ask-A-Librarian team is available by email or chat from anywhere in the world. The Library’s collections include both print and microform business news sources from the United States and around the world.