Award-winning journalist John Stossel has signed a multi-year deal with FOX Business Network and the FOX News Channel.

Stossel, who is best known for his work on ABC’s “20/20,” will anchor a one-hour, weekly program on FOX Business, entitled “Stossel.” It will debut in the fourth quarter of 2009 in FOX Business’s prime-time lineup.

The program will look at consumer-focused topics, such as civil liberties, the business of health care and free trade, FBN said in a press release.

“John Stossel is one of the most talented and thought-provoking journalists in the field and we are extremely excited to welcome him to the FOX Business team,” said Kevin Magee, executive vice president at FBN, in a statement. “His insights on consumer-related issues are unparalleled and will be a natural complement to our business programming."

Stossel will also appear regularly on the FOX News Channel, and will produce a series of one-hour specials for FOX News. His blog, “Stossel’s Take,” will be published on both FOXBusiness.com and FOXNews.com.

“I’m thrilled to join FOX News and look forward to inventing a new show for FOX Business,” Stossel said in the network’s statement.

Prior to “20/20,” Stossel held consumer reporter positions for Good Morning America and WCBS-TV in New York City after starting his career as a researcher for KGW-TV in Portland, Ore. He has received 19 Emmy awards and has been honored five times for excellence in consumer reporting by the National Press Club. He is also the recipient of the George Foster Peabody Award and the George Polk Award for Outstanding Local Reporting.

FOX Business and FOX News are owned by News Corp. (NWSA). Terms of Stossel’s contract weren’t disclosed.