Outlet profile

Fox Business (Opinion)

U.S. right

Owned byFox Corporation, controlled by the Murdoch family; Lachlan Murdoch serves as CEO

FundingPrimarily cable affiliate fees paid by pay-TV providers, supplemented by advertising revenue; Fox Corporation reported $16.3 billion in total revenue for fiscal year 2025

On the administrationbroadly supportive

Background

Fox Business Network launched on October 15, 2007, conceived by Rupert Murdoch and Roger Ailes as a direct competitor to CNBC. Ailes, who had previously run CNBC before building Fox News, positioned Fox Business as a business news outlet with a pro-market, populist tone distinct from what Murdoch viewed as CNBC's establishment financial-press sensibility. The channel struggled in its early years to win cable carriage and viewership against the entrenched CNBC, but grew steadily through the 2010s. When Disney acquired most of 21st Century Fox's assets in 2019, Murdoch retained Fox News Media — which houses both Fox News Channel and Fox Business Network — under the newly formed Fox Corporation. Fox Business opinion content features a roster of conservative commentators, former Republican officials, and pro-deregulation economists; Media Bias/Fact Check rates Fox Business as right-center biased overall, while its opinion section trends more firmly right. The broader Fox network faced significant reputational and legal scrutiny after the 2020 election, culminating in a $787.5 million defamation settlement with Dominion Voting Systems in 2023, a matter that touched both Fox News and Fox Business coverage. In the Trump second term, Fox Business opinion voices have consistently amplified the administration's deregulatory claims, tax-cut arguments, and economic messaging, with Media Matters documenting the network's tendency to portray the Trump economy favorably even when broader economic indicators were mixed.

Sources

Profile compiled 2026-08-13; refreshed when ownership, funding, or the administration changes.

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