Most previous research on moral frames has focused on social media short texts, little work has explored moral sentiment within news articles. In news articles, authors often express their opinions or political stance through moral judgment towards events, specifically whether the event is right or wrong according to social moral rules. This paper initiates a new task to understand moral opinions towards events in news articles. We have created a new dataset, EMONA, and annotated event-level moral opinions in news articles. This dataset consists of 400 news articles containing over 10k sentences and 45k events, among which 9,613 events received moral foundation labels. Extracting event morality is a challenging task, as moral judgment towards events can be very implicit. Baseline models were built for event moral identification and classification. In addition, we also conduct extrinsic evaluations to integrate event-level moral opinions into three downstream tasks. The statistical analysis and experiments show that moral opinions of events can serve as informative features for identifying ideological bias or subjective events.

News media employ moral language to create memorable stories, and readers often engage with the content that align with their values. Moral theories have been applied to news analysis studying moral values in isolation, while the intricate dynamics among participating entities in shaping moral events have been overlooked. This is mainly due to the use of obscure language to conceal evident ideology and values, coupled with the insufficient moral reasoning capability in most existing NLP systems, where LLMs are no exception. To study this phenomenon, we first annotate a new dataset, MORAL EVENTS, consisting of 5,494 structured annotations on 474 news articles by diverse US media across the political spectrum. We further propose MOKA, a moral event extraction framework with MOral Knowledge Augmentation, that leverages knowledge derived from moral words and moral scenarios. Experimental results show that MOKA outperforms competitive baselines across three moral event understanding tasks. Further analyses illuminate the selective reporting of moral events by media outlets of different ideological leanings, suggesting the significance of event-level morality analysis in news. Our datasets and codebase are available at https://github.com/launchnlp/MOKA.