Companies and Brands

Respect for CNN Falls

pcrean / Flickr

Each year, the American Customer Satisfaction Index looks at consumer reactions to hundreds of brands across dozens of industries that range from food to cars to clothing. Its most recent study is called the “ACSI E-Business Study 2021-2022.”  A total of 5,499 people were surveyed from July 2021 to June 2022.

The study looked at customer satisfaction with online properties that include social media, search engines, and news sites. In the first section of the study, Pinterest ranked first, and Facebook ranked last.

The news category covered the online versions of Fox News, USA Today, HuffPo, NBC News, The New York Times, ABC News, and CNN.

On a scale of 1 to 100, the average among all news sites was 73. This included data from a number of sites, some of which were not in the study. At the top of the list Fox News had a rating of 71, which slipped 1%.

At the far end of the grades for news sites, ABC News and CNN both had grades of 69. However, the rating was steady for ABC News when 2022 was compared with the previous year. CNN had the largest drop of the sites measured, by 3%.

The reasons for CNN’s performance are simply guesses. Ratings plunged after the presidential election, but that happened at several other sites. Management at CNN, which calls itself “The Most Trusted Name in News,” was thrown out in February of this year. There was a scandal that centered around popular host Chris Cuomo, who was also fired. Perhaps CNN had too many challenges that have appeared in American media headlines.

Whatever the cause, CNN is locked in a battle for market share among global news organizations. Low customer satisfaction makes winning the battle harder.

Travel Cards Are Getting Too Good To Ignore (sponsored)

Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.

We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.

It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.

We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.