<?xml version="1.0"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><atom:link href="http://www.cnbc.com/id/20910258/device/rss/rss.html" rel="self" type="application/rss+xml" /><title>Economy</title><description><![CDATA[Read the latest Economy &amp;amp; Government news, headlines, blogs, and video.]]></description><link>http://www.cnbc.com/id/20910258</link><pubDate>Fri, 01 Feb 2013 15:16 GMT</pubDate><lastBuildDate>Fri, 01 Feb 2013 15:16 GMT</lastBuildDate><language>en-us</language><ttl>60</ttl><item><title>Morici: Unemployment Rises, More Quit Looking for Work</title><description><![CDATA[It&#039;s bad, but it would have been a lot worse if thousands of Americans had not just given up. ]]></description><link>http://www.cnbc.com/id/100427054</link><pubDate>Fri, 01 Feb 2013 15:12 GMT</pubDate><guid isPermaLink="false">guid_100427054</guid></item>  <item><title>Fed Strategy to Trigger 'Collateral Financial Damage': Lavorgnia </title><description><![CDATA[Deutsche Bank Chief Economist Joe Lavorgnia sees broad &quot;collateral financial damage&quot; once interest rates eventually edge higher.]]></description><link>http://www.cnbc.com/id/100426984</link><pubDate>Fri, 01 Feb 2013 15:08 GMT</pubDate><guid isPermaLink="false">guid_100426984</guid></item>  <item><title>Consumer Sentiment Gains on Fiscal Deal Optimism</title><description><![CDATA[U.S. consumer sentiment unexpectedly improved in January as Americans, a new survey showed.]]></description><link>http://www.cnbc.com/id/100426871</link><pubDate>Fri, 01 Feb 2013 14:55 GMT</pubDate><guid isPermaLink="false">guid_100426871</guid></item>  <item><title>US Economy Adds 157,000 Jobs; Rate Up to 7.9%</title><description><![CDATA[Payrolls rose 157,000 while the unemployment rate edged higher to 7.9 percent, news unlikely to alter the Fed&#039;s monetary policy.]]></description><link>http://www.cnbc.com/id/100426559</link><pubDate>Fri, 01 Feb 2013 14:47 GMT</pubDate><guid isPermaLink="false">guid_100426559</guid></item>  <item><title>Americans Will Pay to Shore Up Social Security: Poll</title><description><![CDATA[A new study found that Americans would support higher taxes for Social Security, but want minimum benefits and cost-of-living adjustments to be increased too.]]></description><link>http://www.cnbc.com/id/100426765</link><pubDate>Fri, 01 Feb 2013 13:50 GMT</pubDate><guid isPermaLink="false">guid_100426765</guid></item>  <item><title>China's Shaky Start to the Year of the Snake</title><description><![CDATA[A pullback in China&#039;s key manufacturing sector highlights the fragility of the recovery in the world&#039;s second largest economy, experts tell CNBC.]]></description><link>http://www.cnbc.com/id/100425853</link><pubDate>Fri, 01 Feb 2013 06:11 GMT</pubDate><guid isPermaLink="false">guid_100425853</guid></item>  <item><title>The Five Highest Tax States for the Highest Earners</title><description><![CDATA[Virtually every state&#039;s tax system unfairly spares its richest residents, says a new report.]]></description><link>http://www.cnbc.com/id/100424517</link><pubDate>Thu, 31 Jan 2013 21:13 GMT</pubDate><guid isPermaLink="false">guid_100424517</guid></item>  <item><title>Farr: Are We Headed for Another Recession?</title><description><![CDATA[The GDP figure should neither be cause for alarm nor cause for celebration says this pro.]]></description><link>http://www.cnbc.com/id/100423827</link><pubDate>Thu, 31 Jan 2013 18:15 GMT</pubDate><guid isPermaLink="false">guid_100423827</guid></item>  <item><title>How Rising Taxes Drove Incomes Higher in December</title><description><![CDATA[The end of the Bush era tax cut on dividends pushed companies to send shareholders more cash before the New Year.]]></description><link>http://www.cnbc.com/id/100423543</link><pubDate>Thu, 31 Jan 2013 16:03 GMT</pubDate><guid isPermaLink="false">guid_100423543</guid></item>  <item><title>Jobless Claims Go Higher; Income, Spending Both Up</title><description><![CDATA[The number of Americans seeking unemployment aid rose sharply last week but remained at a level consistent with moderate hiring, while income surged much higher than expected and spending inched higher as well.]]></description><link>http://www.cnbc.com/id/100422956</link><pubDate>Thu, 31 Jan 2013 14:55 GMT</pubDate><guid isPermaLink="false">guid_100422956</guid></item>  <item><title>US Midwest Business Index Picks Up From 3-Year Low</title><description><![CDATA[The pace of business activity in the U.S. Midwest picked up from a more than three-year low the month before as new orders jumped.]]></description><link>http://www.cnbc.com/id/100423312</link><pubDate>Thu, 31 Jan 2013 14:45 GMT</pubDate><guid isPermaLink="false">guid_100423312</guid></item>  <item><title>'Rich Tax' Puts California on Risky Path: Expert</title><description><![CDATA[Depending on the wealthiest taxpayers&#039; income can turn into budget turmoil when the market slides.]]></description><link>http://www.cnbc.com/id/100420109</link><pubDate>Wed, 30 Jan 2013 17:19 GMT</pubDate><guid isPermaLink="false">guid_100420109</guid></item>  <item><title>Why This Is 'Best-Looking' GDP Drop You'll Ever See</title><description><![CDATA[Negative economic growth in the fourth quarter provided a scary headline to start Wednesday&#039;s trading but probably little else in market impact.]]></description><link>http://www.cnbc.com/id/100419793</link><pubDate>Wed, 30 Jan 2013 15:07 GMT</pubDate><guid isPermaLink="false">guid_100419793</guid></item>  <item><title>GDP Contracts, Jobs Outlook Sours: Morici</title><description><![CDATA[The Commerce Department reported GDP fell 0.1 percent in the fourth quarter. ]]></description><link>http://www.cnbc.com/id/100419691</link><pubDate>Wed, 30 Jan 2013 14:56 GMT</pubDate><guid isPermaLink="false">guid_100419691</guid></item>  <item><title>Cramer: GDP Decline Is a 'One-Off Number'</title><description><![CDATA[Jim Cramer called the drop in fourth quarter GDP a &quot;one-off number.&quot; ]]></description><link>http://www.cnbc.com/id/100419652</link><pubDate>Wed, 30 Jan 2013 14:47 GMT</pubDate><guid isPermaLink="false">guid_100419652</guid></item>  <item><title>New Hawks and Doves at Fed Likely Won't Alter Policy</title><description><![CDATA[The cast of voting members on the Fed&#039;s policy committee is changing, but Ben Bernanke will likely retain a solid majority for his drive to keep interest rates low well.]]></description><link>http://www.cnbc.com/id/100419382</link><pubDate>Wed, 30 Jan 2013 14:01 GMT</pubDate><guid isPermaLink="false">guid_100419382</guid></item>  <item><title>Private Sector Adds More Jobs; Services Lead Way</title><description><![CDATA[The private sector created 192,000 new jobs in January, better than expectations and reflective of the slowly improving trend in the labor market.]]></description><link>http://www.cnbc.com/id/100419096</link><pubDate>Wed, 30 Jan 2013 13:53 GMT</pubDate><guid isPermaLink="false">guid_100419096</guid></item>  <item><title>GDP Shows Surprise Drop for US in Fourth Quarter</title><description><![CDATA[The US economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Fed stimulus.]]></description><link>http://www.cnbc.com/id/100419252</link><pubDate>Wed, 30 Jan 2013 13:11 GMT</pubDate><guid isPermaLink="false">guid_100419252</guid></item>  <item><title>US Mortgage Applications Fall as Refi Demand Drops</title><description><![CDATA[Applications for U.S. home mortgages tumbled last week after three consecutive weeks of gains.]]></description><link>http://www.cnbc.com/id/100418950</link><pubDate>Wed, 30 Jan 2013 12:55 GMT</pubDate><guid isPermaLink="false">guid_100418950</guid></item>  <item><title>Investors Throw Spain a Lifeline as Economy Shrinks</title><description><![CDATA[With worsening unemployment, retail and growth data, Spain appears to be sinking. Yet improving risk appetite and falling borrowing costs continue to prop up the economy.]]></description><link>http://www.cnbc.com/id/100418930</link><pubDate>Wed, 30 Jan 2013 11:44 GMT</pubDate><guid isPermaLink="false">guid_100418930</guid></item>  <item><title>Monetary Policy May Be Already Tightening</title><description><![CDATA[Our survey reveals that Wall Street expects Fed asset purchases will end sooner.]]></description><link>http://www.cnbc.com/id/100416665</link><pubDate>Tue, 29 Jan 2013 18:04 GMT</pubDate><guid isPermaLink="false">guid_100416665</guid></item>  <item><title>Consumer Confidence Tumbles on Financial Fears </title><description><![CDATA[US consumer confidence dropped to its lowest level in more than a year as Americans were more pessimistic about the economic outlook and their financial prospects.]]></description><link>http://www.cnbc.com/id/100415909</link><pubDate>Tue, 29 Jan 2013 15:01 GMT</pubDate><guid isPermaLink="false">guid_100415909</guid></item>  <item><title>Housing Prices Climb; Market 'Clearly Recovering'</title><description><![CDATA[Single-family home prices rose in November, building on a string of gains that points to a housing market that is on the mend, data from a closely watched survey showed.]]></description><link>http://www.cnbc.com/id/100415617</link><pubDate>Tue, 29 Jan 2013 14:58 GMT</pubDate><guid isPermaLink="false">guid_100415617</guid></item>  <item><title>No Wall Street Consensus on When &amp; How QE Ends</title><description><![CDATA[The new CNBC Fed Survey shows Wall Street is divided on how and when the Federal Reserve will end quantitative easing.]]></description><link>http://www.cnbc.com/id/100414048</link><pubDate>Tue, 29 Jan 2013 13:30 GMT</pubDate><guid isPermaLink="false">guid_100414048</guid></item>  <item><title>Wall Street to Washington: Cut Deficit &amp; Spending Now</title><description><![CDATA[The new CNBC Fed Survey shows Wall Street pros want to send Washington an unambiguous message to reduce the red ink now, without more revenue increases. ]]></description><link>http://www.cnbc.com/id/100414040</link><pubDate>Tue, 29 Jan 2013 12:30 GMT</pubDate><guid isPermaLink="false">guid_100414040</guid></item>  <item><title>As Market Revives, High-End Homes Outpace Appraisals</title><description><![CDATA[Home appraisals are coming in below the selling price, stalling lending and sales.]]></description><link>http://www.cnbc.com/id/100410425</link><pubDate>Tue, 29 Jan 2013 12:15 GMT</pubDate><guid isPermaLink="false">guid_100410425</guid></item>  <item><title>Should Investors Care About the Economy? </title><description><![CDATA[Paul Donovan, deputy head of Global Economics at UBS,  Andrew Slimmon, managing director at Morgan Stanley Wealth Management and Roger Nightingale, strategist at RDN Associates discuss whether investors should care about the underlying economy. ]]></description><link>http://video.cnbc.com/gallery/?play=1&amp;video=3000144095</link><pubDate>Tue, 29 Jan 2013 08:30 GMT</pubDate><guid isPermaLink="false">guid_100414960</guid></item>  <item><title>Stuck in Reverse, Detroit Edges Closer to Bankruptcy</title><description><![CDATA[The story of Detroit&#039;s decline is decades old: Its tax revenue and population have shrunk and labor costs have remained out of whack. But the city&#039;s budget problems have deepened to such an extent that it could run out of cash soon.]]></description><link>http://www.cnbc.com/id/100414480</link><pubDate>Tue, 29 Jan 2013 06:58 GMT</pubDate><guid isPermaLink="false">guid_100414480</guid></item>  <item><title>Triple-Digit Oil in Sight as Global Economy Heals</title><description><![CDATA[U.S. benchmark crude oil prices are expected to resume their march towards triple digits as stock markets respond to improved economic data in the U.S. and China.]]></description><link>http://www.cnbc.com/id/100414238</link><pubDate>Tue, 29 Jan 2013 02:38 GMT</pubDate><guid isPermaLink="false">guid_100414238</guid></item>  <item><title>Senate Votes to Approve $50.5 Billion Sandy Aid Package</title><description><![CDATA[A long-delayed $50.5 billion aid package for victims of Superstorm Sandy cleared the Senate on Monday.]]></description><link>http://www.cnbc.com/id/100414123</link><pubDate>Tue, 29 Jan 2013 00:40 GMT</pubDate><guid isPermaLink="false">guid_100414123</guid></item> </channel> </rss