Fox Business Network, which last month was live on the Martin Luther King Jr. holiday, is once again live on President’s Day while competitor CNBC is running taped programming.
CNBC also ran taped shows on the MLK Jr. holiday, a day in which the international stock markets tanked.
Only Fox Business was live Monday when the news broke that the British government confirmed that it is nationalizing Northern Rock.
Fox Business showed part of Prime Minister Gordon Brown’s press conference live and London-based Fox Business correspondent Ashley Webster offered analysis from Westminster on how the U.K. goverment blamed the U.S. subprime mortgage market for its travails.
In addition, Fox Business promoted itself being live on Monday while its competitors weren’t with an ad in The Wall Street Journal.