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Fox Business Network Nabs 50-Minute Interview With Buffett, Gates, Munger

May 2, 2014 | Filed Under Budget, Business, Cable, Capitalism, Fox Business Network, Free Trade, Jobs, Journalism, Media, Media Bias, TV | Comments Off

-By Warner Todd Huston

Fox Business Network has an upcoming show that sounds pretty interesting for those keeping tabs on business news. FBN has nabbed a 50-minute-long interview with business titans Bill Gates, Warren Buffett and Charlie Munger to be aired on Monday, May 5 at 9:30 AM, Eastern.

The University of Chicago Booth School of Business will also participate in this event.

The interview will be conducted by FBN’s Liz Claman and will air commercial free for a 50-minute, no holds barred interview.

Claman will interview Berkshire Hathaway CEO Warren Buffett, Berkshire Hathaway Vice Chairman Charles Munger and Microsoft Founder and Technology Advisor Bill Gates in an exclusive sit-down following the Berkshire Hathaway shareholder meeting. In addition, Claman will be taking questions from three business schools as well as from Twitter.

Schools participating will be The University of Chicago Booth School of Business, NYU Stern School of Business, and the Robert H. Smith School of Business at the University of Maryland.

Where: FOX Business Network (FBN) on your cable provider channel
When: Monday, May 5th, 2014; 9:30-10:20 AM/ET
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Maria Bartiromo Returns to CNBC… in an Ad for Fox Business Network

April 4, 2014 | Filed Under Business, Cable, Capitalism, CNBC, Entertainment, Fox Business Network, Fox News, Jobs, Journalism, Media, Media Bias, TV, Warner Todd Huston | Comments Off

-By Warner Todd Huston

In my writing about media, I have been fascinated in the rise of Fox Business Network in the financial reporting game. Recently I noted that FBN snagged star business reporter Maria Bartiromo from CNBC, but amusingly she just went back on CNBC… in an ad for Fox Business!

FBN purchased a series of ads from the New York Market served by Time Warner Cable and began running them on CNBC touting the wonderfulness of Maria’s FBN show, Opening Bell with Maria Batriromo.

“Come on over,” Bartiromo urges during her advert.
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Maria Bartiromo’s Sunday Fox News Show to Debut March 30

March 27, 2014 | Filed Under Budget, Business, Cable, Capitalism, Democrats/Leftists, Fox Business Network, Free Trade, Government Corruption, Journalism, Liberals, Media, Progressives, Taxes, TV, Warner Todd Huston | Comments Off

-By Warner Todd Huston

When Fox Business Network (FBN) snagged top CNBC reporter Maria Bartiromo for its own late last year, there was talk about giving her a Sunday morning business news show along with her other FBN duties. Now Fox News is announcing the debut of that new show.

The show is titled Sunday Morning Futures with Maria Bartiromo and will air beginning on the last Sunday of March at 9AM Central Standard Time on your cable’s Fox News station.

“Anchored by leading business journalist Maria Bartiromo,” the announcement says, “the show will focus on the intersection of commerce and news events, offering viewers in-depth analysis on recent developments in the economy. Each week, Bartiromo will interview business leaders and industry newsmakers on topics such as job creation and investment opportunities, providing viewers with an inside look at how to prepare financially for the future.”
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Fox Business Continues to Grow–‘Risk & Reward With Dierdre Bolton’ Launches March 31

March 21, 2014 | Filed Under Bloomberg, Business, Cable, Capitalism, CNBC, Entertainment, Fox Business Network, Free Trade, Government, Jobs, Journalism, Media, Taxes, TV, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Where many other cable concerns are contracting, Fox Business Network (FBN) continues to evolve and grow adding viewers and gaining on its older, more established competition and now FBN adds Risk & Reward With Dierdre Bolton, a new show which debuts March 31 at noon Central Time.

“We’re excited to add Risk and Reward with Deirdre Bolton to our lineup. Alternative investing is an immensely untapped field and Deirdre’s expertise in this area will help broaden our market hours coverage,” Executive Vice President of the network, said in an announcement.

Bolton will feature a variety of experts each afternoon to explore alternative asset strategy capitalizing on the most up-to-date movements in real estate, hedge funds and venture capital. And along with reporting on the normal ups and downs in the markets, Bolton will focus on non-traditional ways to grow your portfolio beyond stocks and bonds.
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Maria Bartiromo New Fox Business Network Show Begins This Week

February 23, 2014 | Filed Under Business, Capitalism, Fox Business Network, Journalism, Warner Todd Huston | Comments Off

-By Warner Todd Huston

On January 23, I noted that Fox Business Network (FBN) stole top rated anchor Maria Bartiromo away from CNBC and this week her new FBN show debuts.

In my previous post I noted that Bartiromo, FBN’s newest hire, had been with CNBC since 1993 and in 1995 became the first business journalist to report from the floor of the New York Stock Exchange.

Bartiromo will bring that great history of excellence and business news savvy to Fox Business on Monday, February 24th at 8AM central/9AM eastern time.
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Fox Business Network Steals Maria Bartiromo Away from CNBC

January 23, 2014 | Filed Under Budget, Business, Capitalism, Fox Business Network, Fox News, Fox Television, Jobs, Journalism, Media, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

The other day I mentioned how interesting it was to see Fox Business Network continue to grow and make inroads into the ratings of the once wholly dominant CNBC. Today FBN announced that it has stolen away one of CNBC’s biggest names. FBN has announced that it has signed Maria Bartiromo to a multi-year contract.

According to the press release, FBN chief Roger Ailes proudly said, “I tapped Maria to report live from the floor of the New York Stock Exchange while at CNBC, and I am delighted to have her join me once again alongside our star lineup at FOX Business”

Bartiromo had been with CNBC since 1993 and in 1995 became the first business journalist to report from the floor of the New York Stock Exchange. Before her long stint at CNBC, Bartiromo worked for CNN’s business news.
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Fox Business Network Re-Signs Stuart Varney, Continues to Grow

January 22, 2014 | Filed Under Bloomberg, Business, Cable, CNBC, Economy/Finances, Fox Business Network, Media, TV, Warner Todd Huston | Comments Off

-By Warner Todd Huston

I have been watching the growth of Fox Business Network (FBN) with fascination and the fact that it just re-signed a one-time CNBC on-air talent shows that FBN is the place to be for business broadcasting.

FBN just announced that Stuart Varney, anchor of Varney & Co., was signed to a multi-year deal this month showing that the veteran broadcaster is bullish on FBN.

In making the announcement, FBN chief Roger Ailes said, “Stuart’s astute business sense and respect within the financial community make him a premier anchor and an essential part of our team. We look forward to his continued success with FOX Business.”
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Yikes! CNBC Has to Apologize for Using Bumper Music With N-Word in it!

December 18, 2013 | Filed Under Cable, Christmas, CNBC, Democrats/Leftists, Ethics, Fox Business Network, Journalism, Liberals, Media, Media Bias, Progressives, Race, Racism, TV, Warner Todd Huston | Comments Off

-By Warner Todd Huston


Financial network CNBC was forced to apologize on December 16 for picking bumper music that blared out the N-word as a show hosted by Kelly Evans went to commercial.

The song, Fizzo Got Flow by the now disbanded rap group B2K, has lyrics that are neither safe for work, nor safe for a supposed news network! The song is filled with “niggas,” and “hoes,” and all manner of off color phrases and those wonderful phrases were right there on CNBC for everyone to, uh, enjoy.

Not long after the commercial break, host Evans was effusive with apologies for playing the song “and for any offense that it may have caused.”

One wonders when CNBC is going to launch its “Bling” show?
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Public Trust in Newspapers Falls to New Lows

June 19, 2013 | Filed Under ABC, Associated Press, Business, Cable, Capitalism, CBS, CNBC, CNN, Democrats/Leftists, Ethics, Fox Business Network, Fox News, Journalism, Liberals, Media, Media Bias, MSNBC, NBC, Newspapers, NPR, PBS, Progressives, The New York Times, The Wall Street Journal, TV, TV News, Warner Todd Huston, Washington Post | Comments Off

-By Warner Todd Huston

A new poll on newspapers and television news shows that Americans’ confidence in the news industry continues to erode in this era of mass communications, reaching a low not seen since 2007.

The Gallup polling firm finds that trust in newspapers has fallen to 23 percent. This is down from 25 percent in 2012 and 28 percent in 2011.

The previous low was recorded in 2007 when trust in newspapers reached 22 percent.

Trust in newspapers has undergone steady erosion since its 1979 high of 51 percent, Gallup reports.

Television news fares no better in the estimation of those polled by Gallup. Trust in TV news tied that of newspapers with 23 percent saying they trust TV news sources. This is down from a 1993 high of 46 percent–when Gallup first began asking about it.
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CNBC Copies Fox Business Network With Houston, TX Coverage

April 11, 2013 | Filed Under Business, Capitalism, CNBC, Economy/Finances, Fox Business Network, Fox News, Jobs, Journalism, Media, Media Bias, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Well, when I said that CNBC’s business coverage was “playing catch up” with Fox Business Network, I didn’t know how close to the truth I had it as this month, CNBC copied FBN’s coverage from last fall of the amazing growth that Houston, Texas has seen over the last few years.

Back on September 20 of last year I noted that Fox Business Network’s Melissa Francis hosted a tour of the growing Texas economy in a series of reports FBN titled “Open for Business in Houston.”

At that time, Francis told the Houston Business Journal how amazing the business climate was down in Texas.
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Fox Business Network’s Claman to Interview Acting Tres. Sec. Neal Wolin Tuesday

February 25, 2013 | Filed Under Budget, Business, Democrats/Leftists, Fox Business Network, Journalism, Liberals, President, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

What: FOX Business Network’s (FBN) Liz Claman will have an exclusive interview with Acting Treasury Secretary Neal Wolin on Tuesday, February 26th from the Chicago Mercantile Exchange in Chicago, IL. Appearing on FBN’s After the Bell (4PM/ET), Wolin will discuss cyber security and employment in the United States.

Wolin received the Alexander Hamilton Award in 2011–the highest honor given to a Treasury official.

Many in Washington thought that Wolin was former Treasury Secretary Tim Geithner’s pick to replace him at Treasury, but it wasn’t long before rumors swirled early in January that Wolin was also headed for the exit door (many feel he wasn’t happy upon realizing he wouldn’t get Geithner’s job). Wolin was asked to stay on as the department’s temporary chief while the President endeavors to get his pick of Jacob Lew confirmed in the Senate.

Wolin may have had a roadblock to confirmation, though, in that he was a key architect of the disastrous Dodd-Frank bill, a law very unpopular with Republicans, to say the least.

Wolin was president and chief operating officer of the property and casualty insurance companies of the Hartford Financial Services Group. Previously he served under Clinton Treasury Secretary Robert Rubin.

Tune in on Tuesday, February 26, 2013; 4:00 PM/ET – 5:00 PM/ET
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Could CNBC Be Depriving Viewers of Vital Information?

February 23, 2013 | Filed Under Budget, Business, Cable, Capitalism, CNBC, Ethics, Fox Business Network, NBC, TV, Warner Todd Huston | Comments Off

-By Warner Todd Huston

There was once a day when particular media outlets were so dominant that they could essentially make the rules on who they permitted to appear with them whether in print, on the radio, or on TV. Those days are long gone, of course. So, why does CNBC still think it has the power to demand that guests appear solely on its network? And, in so doing is CNBC depriving its viewers of the vital financial information that they need to plan their business days?

CNBC is the most watched financial-centered cable news network, certainly. Though its younger competitor, Fox Business Network, has been making amazing inroads into CNBCs viewer base, the older network is still on top of the heap… for now.

But will that hold if CNBC’s booking practices stay as they are now? One might wonder.
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Fox Business Network’s Dobbs Wins Demo For 11 of Last 12 Weeks

December 6, 2012 | Filed Under Business, Cable, Capitalism, Economy/Finances, Fox Business Network, Journalism, Media, Media Bias, TV, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Lou Dobbs has been enjoying an awful lot of success these days over at Fox Business Network. I’ve reported about the solid performance that Lou Dobbs Tonight has earned and this week we get yet another great ratings success for the program.

Dobbs 7PM program has scored multiple ratings wins over rival Larry Kudlow on CNBC and according to Neilsen numbers, Lou Dobbs Tonight beat Kudlow by 65 percent in last week in the demo.

Lou Dobbs has taken top marks for 11 of the last 12 weeks. He has also come out on top in 20 of the last 48 total weeks.

This is pretty good considering that Dobbs and FBN is the veritable newcomer on the block compared to the long standing CNBC programming.

With all the success that Lou Dobbs has built in 2012, next year ought to be quite interesting.
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Fox Business Network’s Lou Dobbs Surges in October Ratings

November 12, 2012 | Filed Under Cable, Elections, Entertainment, Fox Business Network, Journalism, Media, TV, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Lou Dobbs sure had a great October. The Fox Business Network financial guru beat CNNBC’s Kudlow Report in both total viewers and that coveted advertising demo of viewers ages 25-54 according to Nielsen Media Research.

This is the first time any Fox Business Network program has won both key demos since launching in 2007.

For the month of October, Dobbs won the timeslot with an average of 172,000 total viewers, compared to The Kudlow Report which took in 169,000 viewers. In the demo, Dobbs scored a whopping 89 percent advantage over CNBC with 53,000 viewers to Kudlow’s 28,000. FBN is available in roughly half as many homes as CNBC and this is the first time a program has won the month in both total viewers and the 25-54 demo since launching in 2007.

Amusingly, you can even see Fox Business Network’s press release celebrating Dobbs’ good fortune on CNBNC’s own website.

FBN also topped CNBC during its election night coverage. FBN’s Special Report: Election 2012 topped CNBC’s Your Money Your Vote by 2% in the Nielsen ratings. Neil Cavuto’s special election coverage showed a ratings growth of 176% in the demo compared to 2008, whereas CNBC was down 13% compared to their 2008 coverage.
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Rupert Murdoch’s Son, James, to Take Expanded Role is US

September 23, 2012 | Filed Under Britain, Fox Business Network, Fox News, Media, TV, Warner Todd Huston | Comments Off

-By Warner Todd Huston

James Murdoch, son of famed media mogul Rupert Murdoch, is poised to take over News Corp’s U.S. Television holdings just as a new report in Britain criticizes his stewardship of holdings in the UK.

It has been reported that James Murdoch is about to take over full responsibility of Fox Networks Group, which includes the Fox broadcast TV network, and cable channels such as FX and National Geographic, but not the Fox News Channel.

But as news of possible new responsibilities in America broke, James was criticized heavily by a report put out by Ofcam, an independent agency responsible to set regulations for the communications industry in the UK.
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Head-To-Head: FBN’s Dobbs Beats CNBC’s Kudlow

July 31, 2012 | Filed Under Business, Cable, Entertainment, Fox Business Network, TV, Warner Todd Huston | Comments Off

-By Warner Todd Huston

At the end of June I noted the ratings success that Fox Business Network had over CNBC and that only Larry Kudlow was still beating FBN in the ratings. Now, for the first time, Kudlow lost the ratings battle, at least for one month.

For the month of July, Lous Dobbs Tonight hit the big time.

NEW YORK, Jul 30, 2012 (BUSINESS WIRE) — FOX Business Network’s (FBN) Lou Dobbs Tonight beat CNBC’s The Kudlow Report in the coveted advertising demo of persons aged 25-54 for the month of July, according to Nielsen Media Research. The victory marks the first monthly win for the 7 PM/ET program, anchored by Lou Dobbs, since launching in March 2011.

For the month of July, Dobbs achieved a 10 percent advantage over CNBC with 43,000 viewers in the demo to Larry Kudlow’s 39,000. In total viewers, it was a close race with Dobbs earning 148,000, just shy of Kudlow’s 158,000. FBN is available in roughly half as many homes as CNBC and this is the first time a program has won the month in the advertiser friendly demo since launching in 2007.

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York–the business capital of the world–FBN launched in October 2007 under the leadership of FOX News Chairman & CEO Roger Ailes and is now available in more than 60 million homes in major markets across the United States. Owned by News Corp, the network has bureaus in Chicago, Los Angeles, Washington, DC and London. On the web at http://www.foxbusiness.com.

It is a milestone for Fox Business Network, for sure. Larry Kudlow is a great talent, for sure, but this news shows that Fox Business Network is a force to be reckoned with, for sure.
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Fox Business Network Flies the Skies Covering the Midwest Drought

July 27, 2012 | Filed Under Budget, Business, Capitalism, Farming, Fox Business Network, Free Trade, Journalism, Media, Warner Todd Huston | Comments Off

-By Warner Todd Huston

The Midwest has been suffering a major drought this year, one that will surely cost us all in higher food prices over the coming years. Fox Business Network has been literally flying the friendly skies — in a helicopter — to cover it.

FBN’s intrepid reporter of the skies, Jeff Flock, has been touring the Midwest reviewing the effects of the drought and covering the devastation it’ll wreck on the country.

Flock has literally been flying around in a helicopter covering the drought. Yesterday I got some updates on Flock’s journey right from the whirley-rider himself.

Over the past month our team has reported live from corn fields already lost to the drought, irrigated fields with corn plants over your head, a grain elevator that expanded to hold what was expected to be a record harvest, and a dairy farm using fans and spraying cows with water to keep their herds cool. I’ve also been to the corn and bean pits at the CME where traders have bid up both commodities to record levels. And I’ve also reported from a chopper 1200 feet in the air over the drought-baked Midwest landscape.

Each of our stops has brought a texture to what is a complicated and compelling story that has yet to fully unfold.


Over the fields in Sugar Grove, Illinois

Take Thursday’s chopper trip over the farm town of Sugar Grove, Illinois. The country singer Jason Aldean has a song called “Flyover States” which is about the Midwest and how people on the coasts only know the likes of Indiana, Missouri, Iowa and Illinois from flying over but never stopping in them. Just like in the song, we found that just flying over gives a skewed picture of the drought.

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Fox Business Network Video: Henry Kissinger on the Unrest in Syria

July 12, 2012 | Filed Under Barack Obama, Democrats/Leftists, Fox Business Network, Iran, Iraq, Liberals, Media, President, Syria, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Things are still bad in Syria (and all across the Middle East, for that matter). Despite Obama’s claims of great Mid East foreign policy successes, there is still uncertainty and unrest there and Obama is failing to do anything about it all. Former Secretary of State Henry Kissinger appeared on Fox Business Network with host Lou Dobbs to discuss the unrest in Syria and its impact on U.S. and Russia.

Video courtesy of Fox Business Network.


CNBC Ratings Crash, Fox Business Network Surge

June 28, 2012 | Filed Under Business, Capitalism, CNN, Economy/Finances, Entertainment, Fox Business Network, Jobs, Media, TV, Warner Todd Huston | 1 Comment

-By Warner Todd Huston

In this volatile market atmosphere, one might think that networks such as CNBC would be seeing all time high numbers as traders and other folks in the financial sector seek up-to-the-minute information. But as the second quarter comes to a close, CNBC is losing ground in the ratings and losing ground to upstart Fox Business Network, at that.

As the second quarter ratings hit it revealed the CNBC garnered its lowest ratings since 2005 in both total viewers as well as the coveted demo of persons aged 25 to 54. Even worse, chief business hour programming from 9:30 AM to 5 PM (ET) also had its worst low since 2005. CNBC also had its lowest rated quarter in the most sought after demo since 1997.

Just as alarming for CNBC is that one of their best anchors, Maria Bartiromo, had the worst rating for her timeslot since 1997.
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New Fox Business Network Show: Money With Melissa Francis

June 1, 2012 | Filed Under Business, Capitalism, Economy/Finances, Fox Business Network, Jobs, Media, Money, Warner Todd Huston | Comments Off

-By Warner Todd Huston

A new show is soon to debut on Fox Business Network. The new show, Money With Melissa Francis, will premiere on June 4 at 5PM/ET featuring Melissa Francis, recently of CNBC.

Francis was dubbed the “The Empress of Energy” by the New York Post for her reporting of the commodities market live from the floor of the New York Mercantile Exchange. In a recent interview Francis talked about that incident.

I traveled around the world covering OPEC and anything related to energy, and got the Saudi oil minister to go on camera for the first time in as long as anyone could remember, so the Post did a fun article that I still have somewhere.

Melissa Francis will work to break all the day’s top financial stories and will discuss in depth how they impact our country, our markets, investors, and decision makers.
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J.P. Morgan Chase $2 Billion Loss Raises Fears of Government Actions

May 14, 2012 | Filed Under Anti-Americanism, Banks, Barack Obama, Business, Capitalism, Congress, Democrats/Leftists, Economy/Finances, Elections, Ethics, Financial Reform, Fox Business Network, Free Trade, GOP, Government, House of Representatives, Journalism, Liberals, Media, Media Bias, Money, President, Regulation, Republicans, The Law, Transparency, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Last week the news of the $2 billion trading loss suffered by J.P.Morgan Chase hit the country like another nasty slap in the face to a nation already facing an economic downturn that is the worst one in a lifetime.

The $2 billion bandied about by the media is not likely the end of that loss, either. This was only the first round of losses due to these bad derivatives trades and more losses are likely yet to come.

For some insight on this mess I exchanged some emails with Sandra Smith of Fox Business Network.

Smith said that the bank “characterized the trades as legitimate hedges of risks elsewhere in the banking group that went awry,” but this understated explanation won’t likely suffice for those out for the heads of those working in our financial sector.
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Fox Business Network Special Report: Gas Price Shock!

March 22, 2012 | Filed Under Budget, Capitalism, Congress, Democrats/Leftists, Economy/Finances, Energy, EPA, Ethics, Fox Business Network, Liberals, Media, Oil, President, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

The price of gasoline getting you down, bunkie? I don’t blame you because it is hitting us all hard in the wallet. Oh, there’s lots of finger pointing, to be sure. The left wants to blame the Republicans sold out to the oil industry, the right blames Obama for refusing to allow us to explore for and go after our own sources of energy because he is sold out to the disastrously failed “green energy” sector.

But there are more than American politics at work in the wildly rising costs of gasoline. China, Europe, the Mid East, they all have a hand in this situation, not to mention the commodities market and the buyers, sellers, and speculators there.

It is definitely not as simple as just blaming either of our political parties.

So, just what the heck is going on here? Tune in to the Fox Business Network tonight and find out.

On Thursday at 7 PM Central Time, FBN’s Gerri Willis presents her special report, The Willis Report: Gas Price Shock. Willis explores the rising cost of gas and oil in the United States and will examine the key influences causing the spike in gas prices enlisting a panel of experts to offer solutions along the way.

Guests will include: Gulf Oil CEO Joe Petrowski; AAA Expert Robert Sinclair; Manhattan Institute Senior Fellow Robert Bryce; Gov. Jack Dalrymple (R-ND); Dr. Michael Burgess (R-TX), among others.

Tune in to Fox Business Network on Thursday March 22nd, 7:00 PM/CT and find out what is going on.
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Fox Business Network Covering Illinois Primary Tonight at 7PM

March 20, 2012 | Filed Under Budget, Business, Capitalism, Economy/Finances, Elections, Fox Business Network, GOP, Illinois, Mitt Romney, Newt Gingrich, Republicans, Rick Santorum, TV, Warner Todd Huston | Comments Off

-By Warner Todd Huston

If you’re looking for some expert commentary on the Illinois primaries, Fox Business Network will be providing up-to-the-minute coverage tonight anchored by the inimitable Neil Cavuto. The coverage will kick off at 7PM and will feature Jeff Flock here on the ground in Chicago.

FBN’s Neil Cavuto has been covering the primaries quite extensively. Cavuto has even chided his rival cablers for practically ignoring the primaries, saying that he has been surprised at how “competitors drop the ball” on their coverage. He feels viewers deserve more.

I see rival networks giving a perfunctory, ‘So and so won this primary,’ and then they’re back to a Teflon commercial, or they’re running a seven-year-old special, and I think I owe my viewers more. I think that they deserve more. People are into this. And we as a financial network owe it to (our viewers to) be into this ourselves.

For his part, reporter Jeff Flock provided some of his analysis on the GOP filed from which Illinois will choose this primary election day.

“If you are a deficit hawk there is not much difference between the three front runners. Romney, Santorum and Gingrich all push lower taxes, spending cuts and changes to the Social Security and Medicare programs,” Flock said. “All would, by most economist’s measures, add trillions to the deficit over the next decade. Only Ron Paul’s plan would cut the deficit over time.”

Flock says that Romney will appeal quite a lot to the business class.
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Black Friday Special on Fox Business Network: Follow the Money: The Investor’s Holiday Portfolio

November 25, 2011 | Filed Under Banks, Business, Capitalism, Economy/Finances, Fox Business Network, Money, Regulation, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

On November 25, Fox Business Network’s Eric Bolling will be hosting a Black Friday special to kick off the holiday season this year titled, Follow the Money: The Investor’s Holiday Portfolio. The program will air at 10PM eastern.

The Chicago-born Bolling will enlist a panel of experts to examine which stocks will make great gifts this season, where the hidden deals can be found, and whether the European debt crisis will dampen investor spirits.

Guests will include: Dialectic Capital Management Head of Trading and “The Risk Doctor” Tim Strazzini; Exemplar Capital managing partner and “The Chartman” Gary B. Smith; Yahoo! Finance blogger and “The Lone Wolf” Jeff Macke, and others.
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Fox Bus. Network’s Cheryl Casone Broadcasts From Chicago on Friday

October 13, 2011 | Filed Under Business, Capitalism, Fox Business Network, Free Trade, Illinois, Warner Todd Huston | Comments Off

-By Warner Todd Huston

FOX Business Network (FBN)’s Cheryl Casone will report live from the floor of the Chicago Mercantile Exchange (CME) on Friday, October 14, 2011 at 11 AM/CST. Casone will interview a number of Chicago business leaders and CEOs to get the latest on commodities and market moves.

Cheryl dropped me a note to weigh in on why she’s leaving New York City for Chicago for the day.

Why NOT Chicago? The Chicago Metro Area is home to 27 Fortune 500 company headquarters and 34 S&P 500 company headquarters. They make Chicago their home and now Fox Business has made the CME our home. The city is crucial to Fox Business Network in so many ways.

Look at what Chicago contributes to US GDP. While it doesn’t equal New York, at $532.33 billion in 2010, Chicago is a crucial component to the United States. If Chicago does well, America does well.

The CME has been and still is the hub of US commodities trading. From grain to soybeans to cotton to what Americans pay at their table and at the clothing store begins right here. Fox Business has a unique vantage point our competition doesn’t: we are looking out for everyone not just Wall Street traders.

Chicago’s banking sector is of particular fascination. What are they doing New York is not? I am joined Friday by Stephen Calk the Chairman and CEO of Chicago Bancorp who sees a lot fear in lending right now. He also believes mortgage rates are in store for some volatility.

Personally I love coming to Chicago for the amazing food! From pizza to steak I always bring my running shoes to burn those calories. My good friend Chris Artinian (CEO of Morton’s The Steakhouse) is coming by the CME as well Friday to talk business at his chain and of course food.

Be sure to tune in Friday –DISH Channel 206; DIRECTV Channel 359.
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Fox News 15th Anniversary: Mr. Fox, Neil Cavuto, Hits Chicago

October 4, 2011 | Filed Under Barack Obama, Budget, Business, Capitalism, Congress, Conservatives, Democrats/Leftists, Fox Business Network, Fox News, George W. Bush, GOP, Government, Liberals, Media Bias, Regulation, Republicans, Stimulus, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Fox News is 15 years-old this year. Not quite sweet 16, but for a cable news organization, especially one that started out in so few homes, 15 was all it took to dominate the news biz. And that is pretty sweet, indeed.

To celebrate the big one five, Neil Cavuto, of the aptly named Your World With Neil Cavuto, took his show on the road. Neil’s Monday broadcast was beamed to the world on a beautifully sunny Chicago afternoon from an open-air veranda at Trump Tower overlooking the Chicago River.

Between broadcasting his Your World and his Fox Business Network program Cavuto, I was pleased to be invited to attend the set and to have a few words with the big guy, himself.

Cavuto is one of the original Fox men having been with the network since the beginning. In fact, he’s not just an on air news reader, he’s the only air personality that is also a Fox executive having served to help program the business coverage for Fox News. He has also been an important part of the creation of Fox Business Network.
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Fox Business Network Takes on Regulations Burying the Open Road Trucking Industry

September 16, 2011 | Filed Under Anti-Americanism, Budget, Capitalism, Democrats/Leftists, Economy/Finances, Fox Business Network, Free Trade, Government, Jobs, Liberals, Regulation, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Much of what you eat, wear, read, play with, drive, and ride gets to your hometown store via a truck of some kind so the open road trucking industry — as well as local, short distance haulers — is a vital link between all of us and the necessities of life. That is why the constant wave of new regulations that roll over truckers like a killer tidal wave is something to which we all need to pay more attention. So, it looks like Fox Business Network’s Adam Shapiro has been doing some of that attention paying.

These jobs killing regulations need to be reassessed because small business owners — called owner-operators — are being priced right out of the business leaving only the giant trucking firms that can afford to pay all the fees, licenses, tags, and stickers while at the same time being able to have the legal advice to satisfy all the mounds of regulations as well as the yearly and multitudinous changes in same that happen every single year.

Remembering that President Obama keeps claiming that he wants to eliminate regulations, even though his own regulatory powers grow by the day, regulations in this country are killing businesses and smothering any possible recovery. Nearly every day we hear of a new major regulation the Obama administration wants to add to the pile.

Worse, every single year there are hundreds of new regulations and thousands of alterations to regulations that we never hear about, changes that affect nearly every American business. Changes that ultimately make our lives more difficult and costly, changes that cost jobs.

Fox Business Network has been doing a special entitled Regulation Nation that explores the litany of regulations that inhibit the stimulation of the economy and one of the particular issues has been those regulations that affect the trucking industry.
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FBN’s Eric Bolling: ‘Obama’s Economy Will Dip Back Into Recession’

August 5, 2011 | Filed Under Barack Obama, Budget, Business, Capitalism, Congress, Democrats/Leftists, Economy/Finances, Fox Business Network, Government, Jobs, Liberals, Money, President, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

“The debt deal was a bad deal…”

We were told that the country was about to collapse like the Weimar Republic or the Soviet Union, even, if Washington didn’t get that darn debt ceiling hike done. Yet, even as President Obama was signing the very bill that was supposed to save our faltering economy, the DOW tanked closing down 512 points.

I had a chance to talk with Fox Business Network’s Eric Bolling about this mess and, hoping for some happy news, found that Bolling was not so optimistic about the near economic future of our great nation.

Here is our exchange:
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A Few Things Illinois Needs to know about the Debt Crisis

July 31, 2011 | Filed Under Barack Obama, Budget, Chicago, Democrats/Leftists, Fox Business Network, Government, Illinois, Illinois State Government, Liberals, President, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

The debt crisis is a national disaster, of course. But Illinois will likely be affected worse than many other states. For one thing, Illinois is the most broke state in the union and will be affected more immediately by the mess that is our national economy than any other state. But, as Fox Business network’s Ashley Webster reports, there are five things that Illinoisans need to know about how the crisis will affect them.

Webster will be doing a special report on Fox Business Network on Monday, August 1 at 5AM, talking about how the debt crisis will affect Illinois, but I had a nice exchange with him and he gave me a little sneak peek at his report.

Webster told me several important points that the debt crisis means for Illinois.
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Herman Cain: Obama’s NLRB ‘A Direct Assault on the Free Market System’

June 16, 2011 | Filed Under Barack Obama, Budget, Business, Capitalism, Conservatives, Democrats/Leftists, Economy/Finances, Fox Business Network, GOP, Government, Health, Herman Cain, Jobs, Liberals, President, Republicans, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Presidential candidate Herman Cain (R) recently spoke with FOX Business Network’s (FBN) Neil Cavuto about the dispute between the National Labor Relations Board (NLRB) and Boeing and its impact on the United States economy. Cain said what the NLRB is trying to do keeping Boeing out of Charleston is “a direct assault on the free market system” and he hopes Boeing will “fight it all the way to the Supreme Court if that’s what they have to do.” Cain went on to say it is “uncertainty” that is preventing the U.S. economy from adding jobs in the “private sector” which must be “the engine” for economic growth and it is issues like the NLRB/Boeing dispute that are “killing the engine.”

Cain says that the reason business aren’t hiring is because of the uncertainty that Obama’s policies have visited upon the nation. The “uncertainty about the impact of Obamacare” chief among them.

“We don’t know what the tax rates are going to be at the end of 2013. This economy is stalled. This economy is like a train stuck on the tracks. You have a boxcar full of 15 million people who don’t have jobs, you have a boxcar of businesses that are hanging on. You have a caboose and no engine. They keep feeding the caboose. The caboose can’t pull the train. The private sector has to be the engine. Everything that they are doing, including this National Labor Relations Board issue, is killing the engine.”
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