The recent explosion of right-wing news sites - Axios
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The recent explosion of right-wing news sites

Axios mapped the launch date of 89 news websites over the past quarter century. The data shows there has been an explosion of right-leaning news sites, coinciding with the rise of the Tea Party and alt-right movements beginning in 2010. Many of these sites, in turn, were instrumental in spreading pro-Trump news during the 2016 elections.


Data: Staff research; Chart: Lazaro Gamio / Axios

The data also shows a similar rise in left-leaning news sites during the Bush Administration and the launch of the Iraq war in 2003. Overall, while there has been a large increase in the number of new news sites over the past 20 years, almost all of them have a partisan angle.

Why it matters: According to experts, digital technology has made it easier to exploit the political divisions that have always existed. Sarah Sobieraj, associate professor of Sociology at Tufts University, told CNN there has been an increase in political polarization in the U.S., but not nearly enough to account for this development. "The technological, regulatory, and media space has shifted into one in which this is profitable, and profit is the driving force."

How they profit: Google and Facebook's algorithmically-driven news distribution platforms have created an environment in which:

  • a) partisan news sites can easily reach fringe audiences, and
  • b) news sites are financially incentivized to tilt one way or another.
Facebook, in particular, algorithmically favors content that appeals to user bias and interest. According to comScore Vice President Andrew Lipsman, to elicit high engagement and repeat visitation, "sites must usually speak to a very specific audience." Although this limits the appeal to a broader readership, it creates a sustained and engaged audience that appeals to advertisers.

The Bush burst: The launch of some left-leaning news sites during the Bush Administration captured audiences opposed to the administration's policies, primarily the Iraq War. John Amato, founder and publisher of the liberal, progressive news blog Crooks and Liars, tells Axios he started the site in September of 2004 because he thought that mainstream media wasn't critical enough of the Bush Administration, and he felt motivated to speak out.

The Obama opposition: According to Greg Mueller, president of CRC Public Relations, which has been representing conservative-leaning clients for decades, the rise of right-wing sites around the rise of the Tea Party movement came from the notion that the mainstream media was not fairly covering the scandals in the Obama Administration, like Fast-and-Furious and Benghazi. Vince Coglianese, editor-in-chief of The Daily Caller, which launched in 2010, said the founders, Tucker Carlson and Neil Patel, started the site because they saw a tremendous market opportunity where a conservative news site could report on news with a different form of selection bias. "A different news outlet could come in and report on stories that people weren't seeing covered by mainstream outlets," he said.

What to watch: The same profit motive that created and helped sustain ideological news sites led to the creation of fake news sites. As Google and Facebook figure out their response to being the conduit for all those ad dollars for fake news sites, it might change the business models for ideological sites as well.

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Sessions vows to take travel ban appeal to Supreme Court

Ted S. Warren / AP

Attorney General Jeff Sessions has announced the DOJ will ask the Supreme Court to review Thursday's ruling from a federal appeals court keeping the block on President Trump's travel ban in place:

"President Trump's executive order is well within his lawful authority to keep the Nation safe…The Department of Justice strongly disagrees with the decision of the divided court..."

The dissenters: Sessions is right, the court was split 10-3. The dissenters said that the law does not permit judges to second-guess a president's ability to make decisions about national security.

The majority: Chief Judge Roger Gregory, however, wrote the ban "drips with religious intolerance, animus, and discrimination."

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Ford veteran returns after brief stint at Uber

Alan Diaz / AP

Sherif Marakby, an automotive executive who left Uber in April after one year, has re-joined Ford, where he previously spent 25 years, according to the Wall Street Journal. Marakby will be a vice president overseeing the company's self-driving and electric-car businesses.

The news comes a few days after Ford abruptly named James Hackett as its new CEO, replacing Mark Fields. Hackett was previously heading the company's Smart Mobility division.

Between the lines: Marakby's departure from Uber was only the latest amid a slew of controversies around the company, including an ongoing lawsuit from Alphabet's self-driving car unit, Waymo. And with Detroit's increasing focus on keeping up in the autonomous driving race and rethinking car ownership models, it's no surprise to see Marakby being wooed back by Ford, which has been heavily investing in those areas over the past year.

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U.K. resumes sharing intel with U.S.

Matt Dunham / AP

The U.K. has resumed sharing intel with the U.S. according to the U.K. Home Secretary, Reuters and BBC report. This comes after the U.K. halted sharing intel with U.S. officials due to undesired leaks to the media about the Manchester bombings and photos of the crime scene.

Why now? U.K. counter-terrorism officers reportedly received assurances today about the U.S. Earlier today Trump said he had asked the DOJ to launch review of the leaks and threatened prosecution.

Featured

Millennials want to buy houses, but not save for them

Keith Srakocic / AP

Avocados aside, almost 80% of millennials plan to buy a home at some point, but aren't prepared for it, according to a study by Apartment List. The study also found that many millennials, especially those in metropolitan areas, significantly underestimate how much a down payment will cost them.

  • Almost 70% of 18- to 34-year-olds have saved less than $1K for a down payment.
  • 40% don't save at all on a monthly basis — even among 25-34 year olds who historically have owned or would be soon owning a home already.
  • Millennials making less than $24K typically save about 10% in general, while those who make more than $72K only save 3.5%.
  • Less than 30% of 25- to 34-year-olds can save enough for a 10% down payment in the next three years.

Why: In the survey, not being able to afford to buy a home was the biggest determent, followed by not being ready to settle down or waiting to get married. Student debt, rent and delayed careers due to the recession could all attribute to the affordability problem, as well as trends in urban areas to spend more on food and entertainment, Wall Street Journal points.out.


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Zuckerberg: We need more purpose

Steven Senne / AP

Mark Zuckerberg told Harvard's graduating Class of 2017 Thursday that strong projects creating a sense of purpose for everyone involved. He said his hardest times at Facebook came about when he didn't take the time to explain the purpose of the project.

His call to action: Let''s "do big things not just to create progress, but to create purpose...You are graduating into a world that needs purpose. It's up to you."

His advice to those with big ideas: "Be prepared to be misunderstood."

What pop culture gets wrong about tech and innovation: "The idea of a single eureka moment is a lie," which he says is detrimental to future innovators who tend to think, "we feel like we just haven't had ours yet." Also, "no one writes math formulas on glass."

Here's everything Zuckerberg says our society needs right now:

  • "How about stopping climate change before we destroy the planet and getting millions of people involved installing solar panels?"
  • Track health data and share genomes
  • "Invest in cures so people don't get sick"
  • "How about modernizing democracy so everyone can vote online?"
  • "And how about personalizing education so everyone can learn… continuous education through our lives"
  • "Let's do it in a way that gives everyone" a role
  • "We need affordable child care"
  • "Healthcare that's not tied to just one employer"
  • "We need a society that's less focused on locking us up and [that] stigmatizes us when they do"
  • Eliminate income inequality
  • Deal with automation and self-driving trucks
His take on globalization: "There are people left behind by globalization…It's tough to care about other people when we don't feel good about our lives at home. There's pressure to turn inward."
Zuckerberg was accepted into Harvard as a member of the Class of 2006 and today received a Doctor of Laws with the Class of 2017.
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OPEC will do "whatever is necessary" to raise oil prices

Ronald Zak / AP

Following a series of meetings between OPEC and non-OPEC countries in Vienna Thursday, Saudi Arabia's energy and oil minister, Khalid Al-Falih announced that all members will do "whatever is necessary to balance the markets," even if that means further extending cuts in oil output past March 2018.

Why March? Earlier today, the group agreed to extend its November deal to cut oil output by nine months. Al-Falih said that although they believe they will hit their desired target by the end of the year, the three-month extension should help with any buildup of stocks.

The caveat: Despite Al-Falih's boasting that most countries were sticking to quotas, not all OPEC and non-OPEC members who agreed to cut oil output by 1.8 million barrels a day are keeping up their end of the bargain. Iraq is just one example of cheating the agreement. According to Bloomberg, Iraq produced roughly 80,000 more barrels of oil a day than permitted.

Next meeting: All OPEC and non-OPEC members will meet again on November 30, 2017. Al-Falih said that the two groups are considering extending their close alliance and continuing to work together beyond 2017 and the nine-month extension.

  • 14 OPEC countries, as of January 2017: Algeria, Angola, Ecuador, Equatorial GuineaGabon, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia (the de facto leader), United Arab Emirates, and Venezuela.
  • 10 non-OPEC countries: Azerbaijan, Bahrain, Brunei, Kazakhstan, Malaysia, Mexico, Oman, Russia, Sudan and South Sudan.
Facts Matter Featured

What is NATO Article V and where does Trump stand on it?

Matt Dunham / AP

The issue

At a NATO leaders meeting May 25 President Trump did not explicitly endorse the collective defense article, Article V, of the North Atlantic Treaty, which binds member nations to defend one another if one comes under attack.

The facts

Trump was expected to make a commitment to Article V in the speech, but then stopped short of doing so. He did discuss shared "commitments," using the example of the September 11 attacks (the only time Article V has been invoked):

"We will never forsake the friends who stood by our side. And we will never waver in our determination to defeat terrorism and to achieve lasting prosperity and peace."

Why it matters

Article V is the cornerstone of NATO, and NATO member countries have been waiting to hear Trump confirm the U.S. will honor it, especially as he has repeatedly stressed that not all members are paying their fair share of defense spending and once called the alliance "obsolete." After the backlash to the omission, Sean Spicer stepped in to explain they're "not playing cutsie" and that Trump is "fully committed" to Article V.

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Ryan says Congress will move up deadline on debt ceiling

Andrew Harnik / AP

House Speaker Paul Ryan told investors Thursday that Congress will move up its deadline to raise the debt ceiling to avoid an economic default, reports AP. Congress was initially expected to vote on the debt limit this fall.
"The debt ceiling issue will get resolved."
—Paul Ryan
Timing: His reassurance comes a day after Treasury Secretary Mnuchin warned that Congress needs to vote to raise the nearly $20 trillion ceiling before their August recess.
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Trump to Macron: "You were my guy"

Peter Dejong / AP

French officials said today that President Trump denied having supported far-right nationalist Marine Le Pen in the recent French presidential election while meeting with French President Emmanuel Macron today. Instead, Trump told Macron:

You were my guy.

Worth noting: While it certainly seems like Le Pen's nationalist positions would have endeared her to Trump, he stopped short of endorsing her in an April interview with the AP: "No, I have no comment on [endorsing Le Pen], but I think that [the April 20 shooting of Paris police officers] will probably help her because she is the strongest on borders and she is the strongest on what's been going on in France."

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Senate will start putting together draft health care bill next week

(Jacquelyn Martin / AP)

After three weeks of working group meetings, Senate Republicans will begin drafting their version of a health care bill over next week's recess.

"Over the break, initial legislation will be drafted, and then we'll have more time — we'll actually have a basis to discuss on these things," Sen. Ron Johnson told reporters, saying leadership and committee staff will write the bill.

What to watch: While we expect the Senate bill to take on some the same basic policy structure as the House bill, some pieces are subject to change — particularly after the release of the Congressional Budget Office score yesterday. There's a lot of hesitation to include state waivers that allow states to opt out of the Affordable Care Act ban on charging sick people higher premiums, and the Medicaid per-person funding growth rate debate is still unresolved.