“The News with Shepard Smith” will debut this fall in the 7-8 p.m. time slot on the cable news business channel. The Monday through Friday newscast marks a significant shift in the evening programming strategy for CNBC, which currently relies on light, unscripted fare.

CNBC Chairman Mark Hoffman said Mr. Smith’s show will try to be a counter to news and commentary programming.

“Information is coming at us from every direction,” Mr. Hoffman said in a statement. “If we’re not careful life-altering decisions will be made based on half-truth, rumor, misdirection or worse. We aim to deliver a nightly program that, in some small way, looks for the signal in all the noise.”