Fake News Seeps Into the Business World

Fake News Seeps Into the Business World

If you follow politics at all, you have heard the now ubiquitous phrase “fake news” many times. President Trump first made the phrase popular during his 2016 presidential campaign. We now seemingly can't go a week without hearing it, especially since the media continues to give the president more than enough ammo to call it out.

The phenomenon of fake news has now taken on a new form — and it is seeping into many different parts of our society. Specifically, it is finding its way into the world of business. In some ways, this is even worse than fake news in politics, because in this world, there are billions of dollars involved and stockholders to keep happy. One inaccurate story can affect stock prices and create swift market swings.

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