Fox Business
U.S. right
Background
Fox Business Network launched on October 15, 2007, as a Rupert Murdoch-backed rival to CNBC, drawing on Fox News's staff, studios, and editorial culture. It struggled for viewership in its early years but grew into a fixture of financial cable news, carried alongside Fox News under the Fox Corporation umbrella. When 21st Century Fox sold most of its entertainment assets to Disney in 2019, Fox Business stayed with the slimmed-down Fox Corporation, which the Murdoch family retained. A 2025 settlement of Murdoch family trust litigation cemented Lachlan Murdoch's control of Fox Corporation, with Rupert Murdoch shifting to a largely symbolic chairman emeritus role. Fox Business mixes daytime market and economic reporting, which media watchdogs generally rate as more straightforward, with opinion programming in evenings and mornings that carries a pronounced conservative and anti-regulation slant. Media bias monitors classify it as right-leaning, and some hosts have faced fact-check criticism for exaggerated or false claims, though the network's straight business reporting is less frequently flagged than its commentary segments. Its ownership and editorial culture closely mirror Fox News, and it has historically been sympathetic to Republican economic policy, including tax cuts and deregulation.
Sources
- Fox Corporation - Wikipedia
- Fox Business - Wikipedia
- Fox Business - Bias and Credibility - Media Bias/Fact Check
- Lachlan Murdoch Secures Control of Fox and News Corp After Family Settlement
- Fox Business Network - Ballotpedia
Profile compiled 2026-09-24; refreshed when ownership, funding, or the administration changes.