[1] https://slate.com/news-and-politics/2007/08/the-nixon-gang-s...
[1] https://onlinelibrary.wiley.com/doi/abs/10.1002/978111884157...
The Economist, another prestigious newspaper I am familiar with, this means alignment with the Western neoliberal policies and monetary theory. If it's coming from the Bank of England, ECB or Federal Reserve, it is the truth.
Though I lean the same direction as those two newspapers, it is obvious they don't try very hard to be critical or entertaining alternative viewpoints. It's a big echo chamber, and all these newspapers, left and right, are so close to the centre they are basically spreading the same message.
They're a propaganda tool not for creating extremism, but for creating conformism.
Also, away from the topic of credibility, what about coverage of relevant stories? If you're interested in video game news, are you going to wait for the NYT to finally cover your interests as a reader? No outlet can provide adequate coverage for your interests, so you are always going to be missing out on a story that you care about. Thus news products designed to be your one-and-everything are doomed to fail vs modern aggregators that allow you to have inclusionary and exclusionary lists of sources and topics.
https://www.theguardian.com/world/gallery/2022/may/17/evacua...
This for example, from the title, the word "evacuation" and even the headline image are a clear example of something that a "prestige" newspapar such as The Guardian should never do.