Binyamin Appelbaum
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Binyamin Appelbaum is an American journalist and author. As of 2019, he is the lead writer on business and economics for the editorial board of ''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
''. He was previously a Washington correspondent for the ''Times'', covering the
Federal Reserve The Federal Reserve System (often shortened to the Federal Reserve, or simply the Fed) is the central banking system of the United States. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of ...
and other aspects of economic policy, and also had stints writing for ''
The Florida Times-Union ''The Florida Times-Union'' is a daily newspaper in Jacksonville, Florida, United States. Widely known as the oldest newspaper in the state, it began publication as the ''Florida Union'' in 1864. Its current incarnation started in 1883, when t ...
'', ''
The Charlotte Observer ''The Charlotte Observer'' is an American newspaper serving Charlotte, North Carolina, and its metro area. The Observer was founded in 1886. it has the second-largest circulation of any newspaper in the Carolinas. It is owned by Chatham Asset ...
'', ''
The Boston Globe ''The Boston Globe,'' also known locally as ''the Globe'', is an American daily newspaper founded and based in Boston, Massachusetts. The newspaper has won a total of 27 Pulitzer Prizes. ''The Boston Globe'' is the oldest and largest daily new ...
'' and ''
The Washington Post ''The Washington Post'', locally known as ''The'' ''Post'' and, informally, ''WaPo'' or ''WP'', is an American daily newspaper published in Washington, D.C., the national capital. It is the most widely circulated newspaper in the Washington m ...
''. He graduated in 2001 from the
University of Pennsylvania The University of Pennsylvania (Penn or UPenn) is a Private university, private Ivy League research university in Philadelphia, Pennsylvania, United States. One of nine colonial colleges, it was chartered in 1755 through the efforts of f ...
with a B.A. in history. He was an executive editor of the student newspaper, ''
The Daily Pennsylvanian ''The Daily Pennsylvanian, Inc.'' is the independent student media organization of the University of Pennsylvania. The DP, Inc. publishes ''The Daily Pennsylvanian'' newspaper, ''34th Street'' magazine, and ''Under the Button'' satirical pu ...
''.


Career

In 2007, Appelbaum was part of a team of reporters at ''The Charlotte Observer'' who helped shed light on the area's high rate of housing
foreclosure Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has Default (finance), stopped making payments to the lender by forcing the sale of the asset used as the Collateral (finance), coll ...
s and questionable sales practices by
Beazer Homes USA Beazer Homes USA, Inc. is a home construction company based in Atlanta, Georgia. In 2016, the company was the 11th largest home builder in the United States based on the number of homes closed. The company operates in 13 states. As of December 3 ...
, one of the United States' largest homebuilders. A profile of his reporting on the
subprime mortgage crisis The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010, contributing to the 2008 financial crisis. It led to a severe economic recession, with millions becoming unemployed and many busines ...
described how in the early phases of the
Great Recession The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.
Appelbaum "noticed a strange pattern while compiling a list of foreclosed homes in North Carolina’s Mecklenburg County—clusters were concentrated in new developments. Appelbaum wondered if faulty loans were behind the trend". series led to investigations of Beazer Homes by the FBI, IRS, SEC, and HUD. Beazer Homes has since stopped making mortgage loans nationwide and stopped building homes in Charlotte, North Carolina. Floyd Norris of ''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'' wrote in 2008 how the ''Observer'' series likely brought an end to some of Beazer's practices. The series won a
Gerald Loeb Award The Gerald Loeb Awards, also referred to as the Gerald Loeb Awards for Distinguished Business and Financial Journalism, is a recognition of excellence in journalism, especially in the fields of business, finance and the economy. The award was e ...
for Medium Newspapers, a
George Polk Award The George Polk Awards in Journalism are a series of American journalism awards presented annually by Long Island University in New York in the United States. A writer for Idea Lab, a group blog hosted on the website of PBS, described the awar ...
and was a finalist for the 2008
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 ...
in public service. Appelbaum's November 8, 2018 tweet claiming the term '
gaslighting Gaslighting is the manipulation of someone into questioning their perception of reality. The term derives from the 1944 film ''Gaslight (1944 film), Gaslight'' and became popular in the mid-2010s. Some mental health experts have expressed c ...
' was not an "actual English word" sent lookups for the word up 14,000% on Merriam-Webster.com, putting it on their list of trending terms.


''The Economists' Hour''

Applebaum's first book, '' The Economists' Hour'', was published in September 2019. According to the publisher's summary, Applebaum's book "traces the rise of the economists, first in the United States and then around the globe, as their ideas reshaped the modern world, curbing government, unleashing corporations and hastening globalization."


Personal life

He has two siblings including
Yoni Appelbaum Yoni Appelbaum (born 1979 or 1980) an American historian and journalist, is Senior Editor for politics at ''The Atlantic''. Appelbaum was previously a columnist for the publication. Early life and education Appelbaum is the son of Diana Muir K ...
.


References


External links

* {{DEFAULTSORT:Appelbaum, Binyamin The Daily Pennsylvanian people Living people Year of birth missing (living people) Gerald Loeb Award winners for Small and Medium Newspapers American male journalists 21st-century American journalists 21st-century American male writers The New York Times columnists The New York Times editorial board