The recent turmoil in the financial markets has led to a significant increase in viewership for business news channels like Fox Business and CNBC. Since President Trump's announcement of new global tariffs on April 2, these channels have seen a surge in audience numbers as investors and the general public seek clarity on the economic impact.
According to The New York Times, Fox Business experienced a 25 percent increase in viewership compared to the previous week, and a 35 percent rise compared to its average audience last year. CNBC also saw a spike, with a 75 percent increase in viewership on Monday compared to its average weekday audience since November.
The channels have been broadcasting live interviews with key business figures, including a notable appearance by Jamie Dimon, CEO of JPMorgan Chase, on Fox Business. Viewers have been closely following these interviews and the channels' real-time reactions to the fluctuating market conditions. For instance, when President Trump announced a pause on many global tariffs, stock indexes surged, prompting CNBC anchor Kelly Evans to express surprise at the rapid numerical changes on the screen.
As reported by The Hollywood Reporter, this surge in viewership highlights the public's heightened interest in understanding the financial implications of the tariffs and the broader economic landscape.