Yes. Fox News was invented specifically to provide a tabloid journalism partisan take on the news, not just in contrast to other News Networks, but to all of Mainstream Media in general. Rupert Murdoch knows that people can go anywhere for their news, but the more sensational it is and the more is plays to primitive emotion, the more money it will make. When your primary goal is a partisan take on the news, objectivity and the truth become a distant second. The Fox News budget is highly slanted in favor of shiny, pretty things, like production, graphics, sets and on-air talent, rather than on news bureaus and news gathering.
Fox News doesn't necessarily lie when it comes to facts (it's the exception to the rule), but their stories are agenda driven rather than fact driven, which means they will cherry pick the facts that fit the agenda and then dismiss the rest. And Fox News doesn't even try to deny it. The four main guiding principles at Fox News Channel and Fox Media Operations are ideology (meaning conservative); unified positions on matters of public policy (ensure that all outlets push the same agenda); global editorial meetings (to ensure the same stories are told globally); and opposition to a perceived liberal bias in other public media.
CNN and other mainstream public media certainly has a bias, but for the most part, except the ones on the extreme who also are there specifically to provide a partisan take on the news, they are fact-driven and let the facts guide the story. These media outlets clearly don't always succeed at objectivity, but at least the make the effort.