''Investor's Business Daily'' (''IBD'') is an American newspaper and website covering the stock market, international business, finance, and economics. Founded in 1984 by William O'Neil as a print newspaper, it is owned by News Corp and headquartered in Los Angeles, California. Holding a right-leaning editorial stance, ''IBD'' provides news and analysis on stocks, mutual funds, exchange-traded funds, commodities, and other financial instruments aimed at individual investors and financial professionals. It also provides tools for financial literacy. The publication focuses on “The IBD Methodology,” an investment strategy developed by O'Neil. Every Monday in its weekly edition, the publication publishes the components of ''The IBD 50 Index'', a list of 50 growth stocks that are most attractive based on earnings, stock price performance, and other criteria used in The IBD Methodology. It is the basis for an exchange-traded fund (ETF) called the Innovator IBD 50 ETF (Ticker: FFTY), which is also rebalanced weekly. ''IBD Live ''includes a virtual stock market discussion featuring professional stock traders.

History

Entrepreneur Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones. An entreprene ...

and

stockbroker A stockbroker is an individual or company that buys and sells stocks and other investments for a financial market participant in return for a commission, markup, or fee. In most countries they are regulated as a broker or broker-dealer and ...

William O'Neil founded the newspaper in 1984 due to frustration with the lack of data about stocks in newspapers. In September 1991, the publication's name was changed from ''Investor's Daily'' to ''Investor's Business Daily''. In 1994, ten years after its founding, ''IBD'' was ranked among the fastest-growing newspapers in the country. In 2001, after the

September 11 attacks The September 11 attacks, also known as 9/11, were four coordinated Islamist terrorist suicide attacks by al-Qaeda against the United States in 2001. Nineteen terrorists hijacked four commercial airliners, crashing the first two into ...

, revenue fell 20%-30%. At that time, paid circulation was approximately 313,000. In 2005, political cartoonist Michael Ramirez joined ''IBD''. In 2008, Ramirez won his second

Pulitzer Prize The Pulitzer Prizes () are 23 annual awards given by Columbia University in New York City for achievements in the United States in "journalism, arts and letters". They were established in 1917 by the will of Joseph Pulitzer, who had made his fo ...

for editorial cartooning while at the company. In March 2016, the print newspaper became a weekly publication and the publication shifted its focus to daily digital operations, cutting 20 jobs. At that time, the website had 4 million visitors. During the

2016 United States presidential election United States presidential election, Presidential elections were held in the United States on November 8, 2016. The Republican Party (United States), Republican ticket of businessman Donald Trump and Indiana Governor, Indiana governor Mike P ...

, ''IBD'' conducted one of two polls that correctly predicted a victory by

Donald Trump Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party (United States), Republican Party, he served as the 45 ...

. Before the election, the poll had been dismissed as being an "outlying survey," but it was rated as one of the closest to the final result. In March 2019, the publication ended its opinion section. In May 2021,

News Corp The second and current incarnation of News Corporation, doing business as News Corp, is an American mass media and publishing company headquartered at 1211 Avenue of the Americas in Midtown Manhattan, New York City. The company was formed on ...

acquired the publication for $275 million, adding it to its

Dow Jones & Company Dow Jones & Company, Inc. (also known simply as Dow Jones) is an American publishing firm owned by News Corp, and led by CEO Almar Latour. The company publishes ''The Wall Street Journal'', '' Barron's'', '' MarketWatch'', ''Mansion Global'' ...

division. At that time it had 100,000 digital subscribers.

IBD/TIPP polls

TechnoMetrica Institute of Policy and Politics (TIPP), the polling arm of TechnoMetrica Market Intelligence, is IBD's exclusive polling partner delivering poll data via the IBD/TIPP collaboration between Investor's Business Daily and TechnoMetrica Institute of Policy and Politics. TIPP polls have mixed reviews, some claiming that it is most accurate and some claiming that it has a right wing bias.

Controversies

Lawsuit claiming inadequate wages to telemarketers

In March 2002, telemarketers who were compensated on the basis of a point system which rewarded them for selling longer subscriptions, winning daily contests, and meeting weekly sales goals sued the company for violations of the Fair Labor Standards Act of 1938.

July 2009 error in editorial

In July 2009, an editorial in the publication claimed that physicist ''

Stephen Hawking Stephen William Hawking (8January 194214March 2018) was an English theoretical physics, theoretical physicist, cosmologist, and author who was director of research at the Centre for Theoretical Cosmology at the University of Cambridge. Between ...

"wouldn't have a chance in the U.K., where the ritish

National Health Service The National Health Service (NHS) is the term for the publicly funded health care, publicly funded healthcare systems of the United Kingdom: the National Health Service (England), NHS Scotland, NHS Wales, and Health and Social Care (Northern ...

(NHS) would say the life of this brilliant man, because of his physical handicaps, is essentially worthless."'' Hawking was British, lived in the

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...

nearly all of his life, and received his medical care from the NHS. ''IBD'' later removed the editorial's reference to Hawking in its online version and appended an "Editor's Note" which said, ''"This version corrects the original editorial which implied that physicist Stephen Hawking, a professor at the

University of Cambridge The University of Cambridge is a Public university, public collegiate university, collegiate research university in Cambridge, England. Founded in 1209, the University of Cambridge is the List of oldest universities in continuous operation, wo ...

, did not live in the UK."'' Hawking himself responded, ''"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."''

References

External links

{{Dow Jones Business newspapers published in the United States Finance websites Newspapers published in Greater Los Angeles Newspapers established in 1984 Pulitzer Prize–winning newspapers Dow Jones & Company Newspapers published in California