CNBC should be charged as well for manipulating the market every day. I wonder why they do that.......
Wiki page:
Since December 1997, the network has held a strategic alliance with the publishing and financial information firm Dow Jones & Company.[14] Under the agreement, CNBC has extensive access to the journalism of such outlets as MarketWatch, The Wall Street Journal, Dow Jones Newswires and Barron's), with their reporters and editorial staff making frequent appearances on the channel. Some former CNBC programs have included Dow Jones branding,[14] while the network currently produces and syndicates the weekly Wall Street Journal Report with Maria Bartiromo.[63] CNBC's current deal with Dow Jones expired in 2012, and its continuation has been the subject of some uncertainty following the 2007 acquisition of Dow by News Corporation, parent company of rival financial network Fox Business until the channel was spun off to 21st Century Fox in 2013, which had been started just two months prior and whose resources have been used to build up Fox Business.[64] News Corporation CEO Rupert Murdoch has stated that the current agreement "covers actual news and access to reporters on business news" only, and that Fox and Dow Jones are free to cooperate on other issues.[64]
CNBC has also held a content deal with The New York Times since January 2008, which has widely been seen as an attempt by both parties to take on increased competition from News Corporation.[65][66] Under the agreement, CNBC has access to the business coverage of the Times, while video from CNBC.com is featured on the Times' website.[65] The station's video clips and other content are also distributed through Yahoo! Finance[67] and, as of May 2008, AOL Money & Finance.[68]
The network's live market prices, economic data and other statistics are largely provided by Thomson Reuters (Reuters and Thomson Financial prior to their 2008 merger).[69] Since September 2006,[70] CNBC has operated its own stock market index in conjunction with London's FTSE Group. The FTSE CNBC Global 300 includes the fifteen largest companies from each of the sectors of the Industry Classification Benchmark as well as the thirty largest companies from emerging markets.[70] Calculated continuously from 9 p.m. through to 4:10 p.m. ET each trading day,[70] the index is referenced throughout the network's live programming, particularly on Worldwide Exchange.
The channel also maintains the "CNBC Investor Network", a series of webcam connections to the trading rooms of various independent financial institutions across the United States. The scheme was launched on October 22, 2007 and allows participating traders and strategists to appear on the network during the business day.[71]
On December 14, 2010, CNBC and CarryQuote announced a development and marketing collaboration that resulted in the release of CNBC PRO, a mobile and desktop financial application for individual investors.[72] CNBC PRO provides its subscribers with real-time financial data from more than 100 stock exchanges worldwide, plus CNBC news and streaming video.[73]