Paul Kangas is the Miami-based co-anchor and financial commentator for public
television's Nightly Business Report and television's leading provider of daily
stock market information. A former stockbroker with more than 12 years
experience, Kangas joined Nightly Business Report when it began as a local
program on Miami's public television station, WPBT2, in 1979.
In addition to delivering the daily market summaries, Kangas conducts each
Friday the "Market Monitor" interview with noted market observers. He is known
for his fast-paced delivery, sharp wit and encyclopedic knowledge of the
financial markets.
In 2003, Kangas' signature segment, "Stocks in the News," won a Financial
Writers and Editors Award from the Medill School of Journalism at Northwestern
University as "best broadcast feature or series useful to investors."
The media has noticed and praised Kangas for his expertise. The Detroit Free
Press has dubbed him "the Walter Cronkite of business broadcasting" and the
Village Voice has noted that Kangas is "not content to merely rattle off stocks
and prices." Analysis is a key part of his presentation. Utilizing his
extensive contacts on Wall Street, he has earned a reputation for ferreting out
the hidden reasons behind stock moves. This prompted TV Guide to praise his
"fine stock market coverage" and the Miami Review to comment: "How would
brokers answer their clients' questions about the market without watching Paul
Kangas' summaries?"
Kangas began his career in business broadcasting at the Miami CBS Radio
affiliate, WINZ. He was actually a stock broker at the time, but his biggest
client owned the station and asked Kangas to do a stock market wrap-up segment.
He gave up his work in the stock market when he joined Nightly Business Report
in 1979.
In addition to his duties for Nightly Business Report, from 1985-1989, Kangas
hosted a five-minute weekly wrap-up of U.S. financial markets for distribution
on cable television in Germany (originating in Munich and Dusseldorf). The
segment was part of a program entitled Economic Magazine and was distributed by
Handelsblatt, the business news publications group.
Kangas also previously authored a syndicated weekly column in Cox Newspapers.
He is a frequent speaker to seminar and convention groups.
Kangas was born in Houghton, Michigan and is a graduate of the University of
Michigan. He earned his brokers license after studying at New York University's
Graduate School of Business.
An avid golfer and ham radio enthusiast, Kangas and his wife, Peni, live in
Miami.
