Are you a business owner or investor looking for the latest news on the stock market, corporate mergers, and other business-related topics? If so, you’re likely familiar with the Wall Street Journal and Bloomberg, two of the most popular news sources in the financial industry.
But which one is better for business news? In this article, we’ll compare the two and help you decide which one to turn to for your daily dose of business news.
WSJ vs Bloomberg: Overview
Before we dive into the details, let’s take a quick look at both news sources.
The Wall Street Journal, or WSJ, is a US-based business-focused daily newspaper that has existed since 1889. It covers business, finance, and world news and is known for its in-depth reporting and analysis. The WSJ has won numerous Pulitzer Prizes for its journalism.
On the other hand, Bloomberg is a global business and financial information and news provider founded in 1981. It provides real-time financial data, news, and analytics on the stock market, commodities, and other financial markets. Bloomberg is also known for its Bloomberg Terminal, a computer software system that provides financial professionals with access to the Bloomberg Professional service.
User Interface and Design
A news source’s user interface and design can play a big role in how easy it is to navigate and find the information you need. Both WSJ and Bloomberg have user-friendly interfaces, but they differ in their design and layout.
The WSJ has a more traditional newspaper layout, with articles organized by section and presented in a column format. Bloomberg, on the other hand, has a more modern design with a focus on charts, graphs, and other visuals.
News Coverage and Quality
Regarding news coverage and quality, both WSJ and Bloomberg are highly regarded in the financial industry. However, they differ in their approach to news reporting.
The WSJ is known for its in-depth reporting and analysis, focusing on long-form journalism. On the other hand, Bloomberg is known for its real-time reporting and breaking news alerts.
Business and Financial Tools
In addition to news, both WSJ and Bloomberg offer their readers a range of business and financial tools. The WSJ offers a stock market simulator, personal finance tools, and a business school section with educational resources.
On the other hand, Bloomberg is known for its Bloomberg Terminal, which provides financial professionals with access to real-time financial data, news, and analytics. Bloomberg also offers a range of other financial tools, including a stock screener, bond calculator, and currency converter.
Mobile Apps
Both WSJ and Bloomberg offer mobile apps for iOS and Android devices. The apps provide access to the latest news and market data and features such as personalized news feeds and offline reading.
Pricing and Subscription Plans
WSJ and Bloomberg offer different subscription plans and pricing options.
The WSJ offers a basic digital subscription for $1 for the first two months, followed by $19.50 per month after that, which includes unlimited access to WSJ.com, the WSJ mobile app, and WSJ magazine. They also offer print and digital bundle subscriptions for those who prefer a physical newspaper.
On the other hand, Bloomberg offers a subscription to its Bloomberg Professional service, which provides access to real-time financial data and news. The cost of the service varies depending on the package, with a minimum of $20,000 per year.
Customer Support
Customer support is an important aspect of any subscription-based service. Both WSJ and Bloomberg offer customer support via phone, email, and live chat.
The WSJ also has a customer center on its website, which includes a knowledge base and FAQs section. Bloomberg offers a dedicated support page on its website, with resources for getting started with its products and services.
The Verdict: Which One Should You Choose for Business News?
So, which one should you choose for your daily dose of business news? It ultimately depends on your needs and preferences.
If you’re looking for in-depth reporting and analysis, the WSJ may be your better option. If you’re more interested in real-time news and financial data, Bloomberg may be the way to go.
Both news sources offer a range of business and financial tools, mobile apps, and customer support. It’s also worth considering your budget, as subscription costs vary between the two.
Conclusion
In conclusion, WSJ and Bloomberg are reputable business news and financial information sources. They differ in their approach to news reporting, design, and pricing, so it’s important to consider your needs and preferences before choosing one over the other.
Whether you’re a business owner, investor, or simply interested in the latest news on the stock market, both WSJ and Bloomberg offer a wealth of resources and tools to keep you informed and up-to-date.
WSJ is a US-based business-focused daily newspaper known for its in-depth reporting and analysis, while Bloomberg is a global business and financial information and news provider known for its real-time financial data, news, and analytics.
Does WSJ offer a mobile app?
Yes, WSJ offers a mobile app for iOS and Android devices.
What is the cost of Bloomberg Professional service?
The cost of Bloomberg Professional service varies depending on the package, with a minimum of $20,000 per year.
Can I access WSJ articles for free?
WSJ offers a basic digital subscription for $1 for the first two months, followed by $19.50 monthly.
Does Bloomberg offer customer support?
Yes, Bloomberg offers customer support via phone, email, and live chat.
