With Journal Cuts, Consumer Reporting Faces New Threat

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by: Drew Harwell | The Washington Post

When the Wall Street Journal’s top editor announced Thursday a “full transformation of our newsroom,” one that would include closing bureaus and cutting dozens of jobs, one change drew particular ire: The paper would be “scaling back significantly” its personal-finance team.

For years, that team has been regarded as a pioneer of consumer reporting — that plain-English brand of service journalism written for the middle class. That America’s most-circulated newspaper would step away from it seemed to many not just a loss for the newsroom, but for the wallets of readers across the country.

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