New section provides users with the information they need to become better informed about the complicated world of economics and finance
Englewood Cliffs, NJ - July 12, 2011 – How does quantitative easing (QE) differ from normal Federal Reserve open market operations? What is the difference between a company’s book value and market value? Even for the savviest among us, it is challenging to be well versed in each and every complexity contained within the financial world. CNBC Explains (www.explains.cnbc.com), a new section within CNBC.com, gives users the opportunity to learn more about key economic topics and concepts through original, three-minute videos and text-based information pages.
“CNBC Explains was created to give users the building blocks they need to better understand the increasingly complex global economy,” said Meredith Stark, Vice President and Executive Producer, CNBC.com. “The videos are as engaging as they are informative, and we believe CNBC Explains is the ideal companion to our global, multi-platform business news coverage.”
CNBC Explains features the work of Salman Khan, founder of the highly respected Khan Academy and renowned for making complicated topics easy to understand. In the coming weeks, CNBC Explains will also feature reporting by anchors, reporters and editors around CNBC who will explain topics in their areas of expertise.
At launch, CNBC Explains offers close to 50 videos covering a broad range of topics within key areas including:
-Bonds and Rates
-Central Banking
-Currencies
-Commodities
-Equities and Markets
-Options
-Mergers and Acquisitions
-Taxes
New videos will be added weekly and the subject areas will continue to broaden in the months ahead. In addition to the dedicated CNBC Explains section, an orange "explain this" icon will appear in stories throughout CNBC.com so that users can click to learn more about the topic being discussed.
CNBC Explains is exclusively sponsored at launch by TD Ameritrade.
About CNBC:
With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, CNBC World and CNBC HD+, CNBC is the recognized world leader in business news providing real-time data, analysis and information to more than 390 million homes worldwide. The network's 16 live hours a day of business programming in North America (weekdays from 4:00 a.m.- 8:00 p.m.) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC.com and CNBC Mobile Web (mobile.cnbc.com) offer real-time stock quotes, charts, analysis and both on-demand and live streaming video.
Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://www.nbcumv.com/mediavillage/networks/cnbc/