Taking News From Wall Street to Main Street
Every person in the U.S. affects the economy with the decisions they make every day. With this in mind, people should be tuning into business news networks in droves, but sometimes it seems like watching a simple business news segment requires a Harvard degree in finance or a job on Wall Street in order to understand the jargon. Enter FOX Business Network, a channel that offers a new source for information delivered by an informed team who understands that business news should be for everyone, not just the experts.
By Stephanie Wilson
Photography by Bob Martus
It’s midnight. One day has ended while another has just begun. But the world has fully embraced the 24-hour news cycle, and many members of the newest business channel to hit the cable lineup are getting their last few moments of rest. At 2:30 a.m. in various homes across the city, buzzers start buzzing, signaling the start of the workday for an unstoppable news force. Jenna Lee’s feet are first to hit the floor; at 5 a.m., she and Nicole Petallides will be the fresh faces that greet some business aficionados as they tune in to FOX Business Morning, which brings viewers information on the world’s markets. By the time the U.S. broadcast day begins, the Asian markets have been open and churning for quite some time. Eric Bolling rises at 3 a.m., but V.P. of FOX Business News, Alexis Glick, is already on her way to the studio at that point. Cody Willard, who jolts awake at 6 a.m., is considered the late sleeper of the bunch. By that time, many members of the FOX Business Network team have been at the station for hours, diligently working to ensure that when America wipes the sleep out of their eyes and tunes in, they are greeted by an informed staff, just as they were on the day FOX Business launched, when Petallides’ voice echoed out over the airwaves with the network’s first words: “Good morning, and welcome to the new FOX Business Network.”
More and more, people are waking up with Lee and Petallides, who are joined at 7 a.m. by Glick, who talks Money for Breakfast along with anchor Peter Barnes. Similar to other news networks, like the more familiar CNBC, FOX Business Network, which went live in October, reports on the effects of Wall Street, but with a twist that interprets the information for the residents of mainstream America. “We try to break things down so that it is not geared towards someone in a particular money bracket,” Lee explains. “There is more than 300 million people in the U.S., and everyone-all ages, colors, and income brackets-are influencing the economy every single day.” Glick emphasizes that the goal of the network is to appeal to both Wall Street and Main Street, not one or the other. She offers a segment on CEO Kenneth Camp of Hillenbrand, a funeral service business that split into two the morning of the interview, as an example of their innovative tactics. The interview centers around how some are having trouble retiring because of the decline of the value of their 401K. “We took a topic with a CEO and turned it into a conversation about the way baby boomers are not able to retire as aggressively because of the turn in the economy. So we had a Wall Street story and took it to Main Street.”
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May 6th, 2008 at 6:22 am
big story and buildup but what channel is
it on?
May 7th, 2008 at 11:33 am
Check your local listings; it’s different in each market. In New York, it can be found on 43 on Time Warner, right next to the Fox News Channel.
May 22nd, 2008 at 3:55 pm
HEY NEIL,
WHAT ABOUT THIS % OF PROFIT FOR OIL COS. 65% OF WHAT ? OVER LAST YEAR WHICH WAS ?? % OF THE YEAR BEFORE AND ON AND ON. ADD IT UP ! WHAT % OVER 3 OR 4 YEAR AGO ITS IN THE 100s. JUST HOW DUMB DO THEY THINK WE ARE….. WHERE DOES IT END? WHEN WE UP THE PRICE OF WHEAT, CORN AND ?? THAT WE SEND OVER THERE, BARRELL OF WHEAT FOR BARRELL OF OIL ALL THE SAME PRICE, THEY CAN’T RAISE ANYTHING TO EAT IN THAT SAND BOX SO RAISING OUR PRICES TO THEM WILL LEVEL THE PLAYING FIELD… PAY UP OR STARVE….. CHINA AND JAPAN HAVE PRICE CONTROL WHAT ABOUT U. S.A. THIS WILL HIT THEM IN THE OLD POCKETBOOK
May 30th, 2008 at 4:30 pm
HEY NEIL,
WHAT WILL IT TAKE TO STOP THESE OIL PRICES? YOU DEFEND THE OIL COMPANIES AND CAPITALISM. IF THE OIL PRICES KEEP RISING IT WILL KEEP WEAKINING OUR DOLLAR, AND OUR ECONOMY WILL ALSO GO TO CRAP! WHICH IT IS ALREADY DOING! MOST PEOPLE OUT THERE CANT AFFORD TO BUY GAS AT THE PRICES THE’RE AT, UNLESS OF COURSE, THERE RICH LIKE YOU!!!!!!!
June 4th, 2008 at 4:27 pm
I do not know how you can say the people have decided that they want Obama. They didn’t. The Democratic rules gave more delegates to him. The people gave Hillary the most votes.
June 9th, 2008 at 10:15 pm
I heard from someone that you broadcast that Sears and Kmart are up for sale. Is this fact or fiction?
June 10th, 2008 at 5:23 pm
hi Neil
Why not let the oil co. drill in Anwar, “but only after they build a refinery” that way they will refine the oil to pay for the refinery,if not they will just hold that oil because they won’t be able to refine it and the prices will continue to go up
June 11th, 2008 at 4:22 pm
I WILL LIKE TO SEE IF YOU HAVE THE EMAIL FOR MR.NEWT GINGRIGH DOT COM FOR DRILL HERE DRILL NOW.
THANKS IN ADVANCE AND SEE IF YOU CAN E-MAIL TO MR.DAVID CANINO E-MAIL IS AJIMECHI333@YAHOO.COM.
GODBLESS
June 25th, 2008 at 4:30 pm
6/25/08
SUBJECT:NOPLUGIN ELECTRIC CARS.
DEAR FOX NEWS,
I HAVE PATENT PENDING ON TECNOLOGY THAT WILL LET
YOU DRIVE AN ELECTRIC CAR FROM NY TO LA WITHOUT HAVING
TO STOP TO RECHARGE, WITH ZERO FUEL CONSUMPTION.THE UNIT
IS ROUND 12 INCHS X 36 INCHS,LOOKS LIKE A SPARE TIRE.
MY NAME IS AL BARNES, I AM AN AMERICAN, SEVENTY YEARS OLD
AND I AM A 15,000 HR PILOT DUAL RATED.
I HAVE TRIED TO GET AT LEAST ONE OF THOSE
SELF SERVING, INCOMPETENT MORONS IN WASHINGTON FROM MY STATE TO ANSWER MY
PHONE CALLS OR MY E MAILS TO NO AVAIL. THEY WOULD RATHER HAVE
THE ISSUE THAN SOLVE THE PROBLEM.
WHEN OIL IS AT $130.00+ A BARREL, AND GAS IS AT $3.90+ A GALLON THE
COUNTRY NEEDS THIS TECHNOLOGY NOW RATHER THAN LATER.
I HAVE TWENTY SEVEN YEARS OF MY LIFE, AND MY OWN MONEY
INVESTED IN THIS TECHNOLOGY .I CAN DO THIS ON MY OWN, BUT IF I
COULD GET SOME HELP I COULD HAVE THIS TECHNOLOGY READY
TO GO TO MARKET IN ABOUT 18 MONTHS OR LESS, OTHERWISE IT WILL TAKE LONGER.
I NEED HELP FROM SOME ONE IN ORDER TO GET THIS DONE FAST.
THANK YOU IN ADVANCE.
AL BARNES
lbarnes8@satx.rr.com
SAN ANTONIO,TX.