Difference Between CNBC and Fox Business

CNBC and Fox Business are two important business and financial news cable news networks in the United States. While both networks cover similar topics, they differ significantly in terms of programming, audience, and editorial stance.

CNBC and Fox Business are quite different from one another in terms of ownership, politics, programming, personalities, viewers, format, presentation, online presence, reputation, and effect.

Read this article to find out more about CNBC and Fox Business and how they are different from each other.

What is CNBC?

CNBC, a 24-hour cable news station, is a reliable source for business and financial news. This joint venture between NBC and Cablevision Systems Corporation first aired in 1989. The full name of the channel is the Consumer News and Business Channel.

Stock market and investment, personal finance, economic trends, cutting-edge technology, and even politics are just some of the topics covered on CNBC. It also features in-depth interviews with high-ranking corporate leaders, politicians, and other newsmakers.

CNBC may be seen in over 100 million American households and much more elsewhere across the world. The network has several overseas bureaus in major cities, including New York, London, Hong Kong, and Singapore.

"Squawk Box," a popular morning show on the network, features a panel of experts discussing the day's top financial news topics. Jim Cramer has another popular program called "Mad Money," which also discusses the stock market and gives investment advice.

The business and financial coverage on CNBC has been recognized. After airing "The Age of Amazon," the network won the Emmy in 2020 for Best Business and Economic Documentary.

The manner in which CNBC has covered cryptocurrencies and the financial products it has marketed have both drawn criticism. Some people think the channel favors corporations and Wall Street.

What is Fox Business?

Fox Business is a business and financial news cable network in the United States. It was founded in 2007 as a subsidiary of Fox Corporation's Fox News Media division. Fox Business has strong competition from CNBC, another major business news network.

From the stock market and financial research to investment guidance and personal finance, the network's programming covers it all. In addition to its constant coverage of the stock market and business news, the channel also airs unique programming.

One of the most watched programs on Fox Business is "Lou Dobbs Tonight," where viewers can see host Lou Dobbs's thoughts on the day's major financial news stories. Also popular are shows like Maria Bartiromo's "Mornings with Maria," which provides early morning coverage of business and financial news, and Stuart Varney's "Varney & Co.," which focuses on the stock market and investing.

Fox Business has received praise from its audience for its coverage of the economy and the stock market. Anyone who is serious about staying current in the dynamic field of international finance should read its articles often.

The network has been criticized for a number of reasons, including its climate change coverage and the promotion of certain political ideologies. There have been accusations that the channel favors corporations and conservatives.

Difference between CNBC and Fox Business

The following table highlights the major differences between CNBC and Fox Business −

Characteristics	CNBC	Fox Business
Ownership	Owned by NBCUniversal, a subsidiary of Comcast.	Owned by Fox Corporation and controlled by the Murdoch family
Launch Year	1989	2007
Headquartered	Englewood Cliffs, New Jersey	New York City
Target Audience	Affluent and professional viewers, with a particular emphasis on Wall Street and the financial industry	Broad appeal to a more populist audience, including small business owners and retail investors
Programming	Objective and balanced news reporting, with live news coverage, analysis, and primetime programming focused on business and finance	More opinionated and right-leaning news reporting, with a mix of news and opinion programming focused on business and finance as well as politics and policy
Key Shows	"Mad Money with Jim Cramer," "Squawk Box," "Closing Bell"	"Varney & Co.," "Lou Dobbs Tonight," "Making Money with Charles Payne"

Conclusion

In conclusion, CNBC and Fox Business share some commonalities, but they also differ in important ways. These include ownership, politics, programming, personalities, viewers, topics covered, format, presentation, online presence, and influence.

Both networks have many commonalities and have their own distinct characteristics. Different types of viewers, depending on their interests and backgrounds, may be drawn in by these differences.

Both networks, however, play a significant role in shaping public opinion on monetary problems, and this trend shows little indication of abating any time soon.