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Investor's Business Daily

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Investor's Business Daily (IBD) is a national newspaper in the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, published Monday through Friday, that covers international business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...

, finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...

, and the global economy
Economy
An economy consists of the economic system of a country or other area; the labor, capital and land resources; and the manufacturing, trade, distribution, and consumption of goods and services of that area...

. Founded in 1984 by William O'Neil
William O'Neil
William J. O'Neil is an American entrepreneur, stockbroker and writer, who founded the business newspaper Investor's Business Daily and the stock brokerage firm William O'Neil + Co. Inc...

, its headquarters are in Los Angeles, California
Los Angeles, California
Los Angeles , with a population at the 2010 United States Census of 3,792,621, is the most populous city in California, USA and the second most populous in the United States, after New York City. It has an area of , and is located in Southern California...

.

IBD provides detailed information about stock
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...

s, mutual fund
Mutual fund
A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors to buy stocks, bonds, short-term money market instruments, and/or other securities.- Overview :...

s, commodities, and other financial instruments aimed at individual investors. The newspaper provides detailed, concise statistics using earnings, stock price performance, and other criteria to help investors find quality stocks. Detailed index and stock charts are present throughout. The stock and mutual fund information is designed to be used along with the founder William O'Neil's book How to Make Money in Stocks. O'Neil developed CAN SLIM
CAN SLIM
CAN SLIM refers to the seven-pronged mnemonic publicized by the American newspaper Investor's Business Daily, which claims to be a checklist of the characteristics performing stocks tend to share before their biggest gains...

 which claims to be a checklist of the characteristics performing stocks tend to share before their biggest gains.

O'Neil founded the newspaper in 1984 to "offer information not available in The Wall Street Journal
The Wall Street Journal
The Wall Street Journal is an American English-language international daily newspaper. It is published in New York City by Dow Jones & Company, a division of News Corporation, along with the Asian and European editions of the Journal....

and other publications" for "investors and business executives who did not have time for two and three section papers each day." It also provided investor education through its Investor's Corner, the Big Picture, and online resources. The information provided expands on William O'Neil's previous books. IBD includes several written sections that detail companies and news of interest. The New America and Internet & Technology sections highlight companies that may be desirable for the newspaper's readers. The newspaper's opinions and analysis of global and national events are highlighted in the Editorials and Opinion section.

In 1991, the publication's name was changed from Investor's Daily to Investor's Business Daily. Ten years after founding, it had a paid circulation of 149,557, with a claimed "total readership" of 850,000 (also phrased as "nearly 1,000,000 readers"), though in 2002, the Los Angeles Business Journal
Los Angeles Business Journal
The Los Angeles Business Journal, established c. 1979, is a weekly newspaper in Los Angeles, California, which covers general business news. According to the journal's website, it has over 12,000 online subscribers, and a weekly print circulation of 30,000...

said that it has not been a moneymaker, and had had a decline in ad spending, though other O'Neil companies had done well.

Editorials


Investors Business Daily also carries editorials and columns on topics from "economics and government to politics and culture". It carries columns from writers "On The Left and On The Right", including
L. Brent Bozell,
Richard Cohen
Richard Cohen
Richard Cohen may refer to:*Richard Cohen , syndicated columnist for the Washington Post*Richard Cohen , a British Olympic fencer and author of Chasing the Sun*Richard A. Cohen, advocate of conversion therapy...

,
E. J. Dionne
E. J. Dionne
Eugene Joseph "E.J." Dionne, Jr. is an American journalist and political commentator, and a long-time op-ed columnist for The Washington Post...

,
Victor Davis Hanson
Victor Davis Hanson
Victor Davis Hanson is an American military historian, columnist, political essayist and former classics professor, notable as a scholar of ancient warfare. He has been a commentator on modern warfare and contemporary politics for National Review and other media outlets...

,
Charles Krauthammer
Charles Krauthammer
Charles Krauthammer, MD is an American Pulitzer Prize–winning syndicated columnist, political commentator, and physician. His weekly column appears in The Washington Post and is syndicated to more than 275 newspapers and media outlets. He is a contributing editor to the Weekly Standard and The New...

, and
Thomas Sowell
Thomas Sowell
Thomas Sowell is an American economist, social theorist, political philosopher, and author. A National Humanities Medal winner, he advocates laissez-faire economics and writes from a libertarian perspective...

.
Pulitzer
Pulitzer Prize
The Pulitzer Prize is a U.S. award for achievements in newspaper and online journalism, literature and musical composition. It was established by American publisher Joseph Pulitzer and is administered by Columbia University in New York City...

-winning cartoonist Michael Ramirez
Michael Ramirez
Michael Patrick Ramirez is a two-time American Pulitzer Prize-winning editorial cartoonist. His cartoons typically present conservative viewpoints....

 has worked for IBD since late 2005. Investors Business Daily also publishes editorials skeptical of peak oil
Peak oil
Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. This concept is based on the observed production rates of individual oil wells, projected reserves and the combined production rate of a field...

 and global warming
Global warming
Global warming refers to the rising average temperature of Earth's atmosphere and oceans and its projected continuation. In the last 100 years, Earth's average surface temperature increased by about with about two thirds of the increase occurring over just the last three decades...

, often proposing alternate solutions. The Times
The Times
The Times is a British daily national newspaper, first published in London in 1785 under the title The Daily Universal Register . The Times and its sister paper The Sunday Times are published by Times Newspapers Limited, a subsidiary since 1981 of News International...

characterized IBD as a "right-wing newspaper".

On July 31, 2009, an editorial at IBD, criticizing Barack Obama
Barack Obama
Barack Hussein Obama II is the 44th and current President of the United States. He is the first African American to hold the office. Obama previously served as a United States Senator from Illinois, from January 2005 until he resigned following his victory in the 2008 presidential election.Born in...

's healthcare plans, claimed that Stephen Hawking
Stephen Hawking
Stephen William Hawking, CH, CBE, FRS, FRSA is an English theoretical physicist and cosmologist, whose scientific books and public appearances have made him an academic celebrity...

 "wouldn't have a chance in the U.K., where the National Health Service would say the life of this brilliant man, because of his physical handicaps, is essentially worthless." As Hawking was born and has always lived in the United Kingdom, and receives his medical care from the British National Health Service
National Health Service
The National Health Service is the shared name of three of the four publicly funded healthcare systems in the United Kingdom. They provide a comprehensive range of health services, the vast majority of which are free at the point of use to residents of the United Kingdom...

, the editorial was widely criticized for its inaccuracy. The online version of the editorial was later corrected to remove and apologize for the implication Stephen Hawking didn't live in the UK, but did not apologize for implying the NHS would judge Stephen Hawking's life as 'worthless' but IBD continued to defend the original editorial, calling the mention of Hawking a "bad example" and accusing those that mentioned their error of "chang[ing] the subject." Hawking responded to the editorial by saying: "I wouldn't be here today if it were not for the NHS... I have received a large amount of high-quality treatment without which I would not have survived."

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