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Wall Street Journal is important to the world of mass media in the United States and beyond because of much more than its acclaimed business and economic reporting.
Some economists are now saying the $787 billion (U.S.) in stimulus spending contained in the American Recovery and Reinvestment Act isn't enough.
Rupert Murdoch's bid to buy the WSJ and Bernard Arnault's bid to buy Les Echoes adds to the growing concern of the media's conflict of interests and diminishing voices.


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