A business is any entity that seeks profit from activities that provide goods or services people want or need. Profit can be realized in a variety of ways, including cash payment or trading securities (stocks and cryptocurrencies) as well as barter-style trades of one good for another. Businesses can be as small as individuals with side hustles and as large as multinational corporations.
Business news is a genre of journalism that tracks, records and analyzes the business, economic and financial activities of societies. It is a core component of the news industry, with broad coverage in most newspapers, magazines and radio-news programs. Historically, the term has been primarily associated with reporting on business and corporate news, but in recent years, it has expanded to cover a broader range of economic news.
The history of business news dates back to 1700, when Daniel Defoe began publishing the financial and business news of the day in his newspapers. In 1902, muckraking journalist Ida Tarbell wrote about the monopoly power of Standard Oil and inspired thousands of journalists to follow in her footsteps. Today, business news is a key component of all major print and online newspapers, and many television and radio-news programs feature dedicated business segments.
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This guide is compiled by specialists in Business Reference Services at the Library of Congress. We’re always working to improve it, so if you have any suggestions for improving this guide or have questions about your ability to access business news resources, please let us know! You can reach us by phone or email from anywhere in the world. We look forward to hearing from you!