Over the weekend, The Huffington Post (HuffPo) reported that they will be hiring a group of investigative journalists to report about the economy exclusively. HuffPo is working with The Atlantic Philanthropies and several other donors to launch the Huffington Post Investigative Fund with a budget of about $1.75 million.
That is enough for Huffington to hire about 10 staff journalists to focus on the economy. The work provided by these journalists will also be available for any publication that wants to syndicate it. “All of us increasingly have to look at different ways to save investigative journalism,” stated Arianna Huffington, co-founder and editor-in-chief of the website.
Even though HuffPo skews to be more liberal, they said that the newly formed economy-focused aspect of the website will be nonpartisan.