A Federal Reserve survey shows the U.S. economy held steady during the 16-day partial government shutdown, growing moderately in most regions from October through late November.More >>
A Federal Reserve survey released Wednesday found that the U.S. economy held steady during the 16-day partial government shutdown, growing moderately in most regions from October through late November.More >>
Thursday, October 17 2013 4:40 PM EDT2013-10-17 20:40:19 GMT
(RNN) - By passing a last-minute deal on the debt ceiling, and a 16 days-late deal on the government shutdown, Congress finally got back to doing its job. So, what now? Some people may see it as the timeMore >>
With a budget passed only until January, a debt ceiling deal through February and a bunch of days off for Congress until then, the country may be back in the same situation soon.More >>
Thursday, October 17 2013 5:27 AM EDT2013-10-17 09:27:22 GMT
A last-minute deal has been struck, allowing the federal government to avoid a shutdown. A shutdown would have suspended all federal government services deemed non-essential. All federally-funded museums,More >>
Congress has passed a bill to fund the government and lift the debt ceiling, avoiding default. More >>
Sunday, October 13 2013 6:52 PM EDT2013-10-13 22:52:24 GMT
WASHINGTON, DC (RNN) - Despite the WWII Memorial being closed, members of the Million Vet March have gathered in Washington, DC to protest the government shutdown – according to media reports. "We do notMore >>
Veterans gathered at the World War II Memorial in Washington, DC to protest the government shutdown.More >>
Saturday, October 12 2013 10:44 PM EDT2013-10-13 02:44:59 GMT
People nationwide have been unable to access welfare benefits through their EBT cards Saturday. Reports on the matter indicated the issue has no connection to the government shutdown.More >>
Xerox, which handles EBT systems in several states, said Saturday night the problem that prevented people from using their cards to shop has now been corrected. More >>
(RNN) – For those who are growing tired of ESPN's 24-hour hype machine, an alternative may be on the horizon – and it will feature Regis Philbin.
Fox announced it is rebranding its cable holding Speed as Fox Sports 1, which will be a 24-hour general sports channel in the mold of ESPN. The network is set to launch Aug. 17, and is expected to be joined by Fox Sports 2, a rebranded version of another Fox holding, Fuel, which broadcasts a wide range of extreme sports.
Fox owns broadcasting rights to various major sports, including NASCAR, Major League Baseball, college football and the NFL. It is expected to announce a college basketball partnership soon, and will also broadcast UFC events.
A sports newscast, similar to ESPN's SportsCenter, is also expected.
Fox made major news when it announced the signing of popular ESPN reporter Erin Andrews last August. Andrews will be part of Fox Football Daily - an extension of its game day preview show NFL Sunday - on the new network along with other Fox NFL personalities. Fox has used Andrews extensively since she joined the network, including with its MLB, NFL, college football and Daytona 500 coverage.
The network will have even bigger star power with Philbin, nearly as famous for his Notre Dame fandom as his TV persona. The veteran broadcaster will host a sports-themed talk show on the network called Rush Hour. Philbin revealed his participation on The View last week, a show his new vehicle is expected to imitate.
Fox Sports 1 isn't expected to compete directly with ESPN – at least not initially – but will be starting on stronger footing than the iconic network did when it launched in 1979. ESPN did not have the rights to any major sporting events for three years, and waited 14 years to start ESPN2.
ESPN has been owned by ABC since 1984 and by the Walt Disney Company since 1995. NBC and CBS have 24-hour sports networks as well, but neither is as high profile or comprehensive as Fox Sports 1 is expected to be.
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