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CNBC TO BROADCAST LIVE SPECIAL “THE LONG ROAD: AMERICA LOOKS FOR RECOVERY” ON THURSDAY, AUGUST 26TH AT 8PM ET

One-Hour Special Anchored by CNBC’s Senior Economics Reporter Steve Liesman Broadcast live from Jackson Hole—America’s Premiere Economic Forum in Wyoming

ENGLEWOOD CLIFFS, N.J., August 24, 2010— The American economy is at a crossroads. Investors and policy makers are hoping the recovery takes hold, but the risk of a double dip recession is looming. The central bankers who pulled the economy back from the brink of devastation just last year are trying to figure out what to do next, as each new piece of data raises fears that the recovery has run out of steam.

On Thursday, August 26th at 8PM ET, CNBC, First in Business Worldwide, takes viewers inside the Fed, at this critical moment, with a one-hour live special, “The Long Road: America Looks for Recovery.” Anchored by CNBC’s Senior Economics Reporter Steve Liesman, the program will give unprecedented access to the people responsible for guiding the global economy and analyze what can be done to get businesses and consumers spending again.

Liesman will also report live from the Jackson Hole Economic Forum throughout CNBC’s Business Day programming on Thursday, August 26th and Friday, August 27th.

Guests for the one-hour special include: Thomas Hoenig, Kansas City Fed President; Martin Feldstein, Harvard University Professor, President Emeritus of the National Bureau of Economic Research and Council of Economic Advisors Former Chairman; John B. Taylor Professor of Economics at Stanford University Economics Professor, Hoover Institution Sr. Fellow and Former Treasury Undersecretary for International Affairs; Diane Swonk, Mesirow Financial Chief Economist & Senior Managing Director; Maya MacGuineas, President, Committee for a Responsible Federal Budget; Dino Kos, Portales Partners Managing Director, Former NY Federal Reserve Bank Executive VP; Michael Mussa, Peterson Institute for International Economics Senior Fellow and former IMF Chief Economist; and Meredith Whitney, Meredith Whitney Advisory Group LLC Founder & CEO.

About CNBC:
CNBC is the recognized world leader in business news, providing real-time financial market coverage and business information to more than 340 million homes worldwide, including more than 95 million households in the United States and Canada. The network's Business Day programming (weekdays from 5:00 a.m.-7:00 p.m. ET) is produced at CNBC's headquarters in Englewood Cliffs, N.J., and also includes reports from CNBC news bureaus worldwide. Additionally, CNBC viewers can manage their individual investment portfolios and gain additional in-depth information from on-air reports by accessing http://www.cnbc.com.

Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://nbcumv.com/cnbc/.