<?xml version="1.0" encoding="iso-8859-1"?><rss version="2.0"><channel><title>Business &amp; Economy Coverage | Online NewsHour | PBS</title><link>http://www.pbs.org/newshour/rss/redir/newshour/topic/business/</link><description>The latest news, analysis and reporting about Business &amp; Economy from the Online NewsHour and its Web site, the feed is updated periodically with interviews, background reports and updates to put the news in a larger context.</description><language>en-us</language><pubDate>Fri, 06 Nov 2009 21:09:10</pubDate><lastBuildDate>Fri, 06 Nov 2009 21:09:10</lastBuildDate><copyright>Copyright &#xA9;2009 MacNeil/Lehrer Productions. All Rights Reserved.</copyright><image><title>Online NewsHour</title><width>144</width><height>144</height><link>http://www.pbs.org/newshour/rss/redir/newshour/</link><url>http://www.pbs.org/newshour/images/rss/promo_rss.jpg</url></image><item><title>Shields, Brooks Examine GOP's 'Morale Boost'</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/politics/july-dec09/shieldsbrooks_11-06.html</link><pubDate>Fri, 06 Nov 2009 18:41:00 EST</pubDate><description>Columnists Mark Shields and David Brooks sort through the week's news, including impending health care legislation and a worsening job market.</description></item><item><title>Unemployment Hits 26-Year High Despite Economic Growth</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/business/july-dec09/jobs_11-06.html</link><pubDate>Fri, 06 Nov 2009 18:12:00 EST</pubDate><description>The U.S. Labor Department announced that unemployment jumped to over 10 percent on Friday, the highest it's been since 1983. Jeffrey Brown talks to an economist for more. </description></item><item><title>U.S. Jobless Rate Hits 10.2%, Highest in 26 Years</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/updates/business/july-dec09/jobs_11-06.html</link><pubDate>Fri, 06 Nov 2009 00:00:00 EST</pubDate><description>U.S. unemployment rose more than expected to a 26-year high of 10.2 percent, shedding 190,000 jobs in October, according to figures released by the Department of Labor Friday.</description></item><item><title>Hedge Fund World Rocked by Insider-trading Charges</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/business/july-dec09/arrests_11-05.html</link><pubDate>Thu, 05 Nov 2009 18:38:00 EST</pubDate><description>Judy Woodruff speaks with a Financial Times reporter about 14 people facing insider-trading charges for allegedly netting $20 million in illegal profits. </description></item><item><title>Obama Expected to Sign Extended Unemployment Benefits, Homebuyer Credit</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/business/july-dec09/unemployment_11-05.html</link><pubDate>Thu, 05 Nov 2009 18:16:00 EST</pubDate><description>The House voted overwhelmingly Thursday to extend aid to jobless workers and offer tax breaks to homebuyers. President Obama was expected to sign the measure on Friday. Ray Suarez reports.</description></item><item><title>Other News: Stocks Rally on Falling Jobless Claims</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/business/july-dec09/other_11-05.html</link><pubDate>Thu, 05 Nov 2009 18:10:00 EST</pubDate><description>In other news, falling weekly jobless claims contributed to a Wall Street rally, and there are new warning signs that the U.S. might be facing a shortage of the seasonal flu vaccine.</description></item><item><title>Aid for Jobless, Homebuyers Clears Congress</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/updates/social_issues/july-dec09/jobsnumbers_11-05.html</link><pubDate>Thu, 05 Nov 2009 10:39:00 EST</pubDate><description>Congress has passed legislation that would expand a popular homebuyer's tax credit and extend unemployment benefits in a bid to breathe more life into the struggling American economy.</description></item><item><title>Student Questions: The Unemployment Outlook</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/businessdesk/2009/11/student-questions-the-unemploy.html</link><pubDate>Thu, 05 Nov 2009 10:33:25 EST</pubDate><description>Paul Solman answers your questions on business and economic news on "The Business Desk."</description></item><item><title>Student Questions: Health Care and Education</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/businessdesk/2009/11/student-questions-health-care.html</link><pubDate>Wed, 04 Nov 2009 15:12:14 EST</pubDate><description>Paul Solman answers your questions on business and economic news on "The Business Desk."</description></item><item><title>Christie's Art Sale Underwhelms Buyers</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/art/blog/2009/11/in-the-first-autumn-auction.html</link><pubDate>Wed, 04 Nov 2009 15:10:23 EST</pubDate><description>In the first autumn auction held Tuesday evening at Christie's in New York, total sales fell short of pre-sale estimates -- only $65.6 million instead of $68.6 to $97.1 million -- making for a slow start to the U.S. art market season. </description></item><item><title>GM Reversal on Opel Deal Rankles German Officials</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/updates/business/july-dec09/opel_11-04.html</link><pubDate>Wed, 04 Nov 2009 00:00:00 EST</pubDate><description>In a surprise reversal that has left politicians across Germany fuming, General Motors' board has voted to abandon a deal to sell its European operations to car-parts supplier Magna International Inc. and Russian bank Sberbank.</description></item><item><title>Stimulus Money Trickling Into the Classroom </title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/education/july-dec09/stimulus_11-03.html</link><pubDate>Tue, 03 Nov 2009 18:46:00 EST</pubDate><description>John Tulenko of Learning Matters Television explores how stimulus money is making its way into classrooms in upstate New York. </description></item><item><title>Madoff Accountant Pleads Guilty in Federal Court </title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/business/july-dec09/madoff_11-03.html</link><pubDate>Tue, 03 Nov 2009 18:38:00 EST</pubDate><description>The consequences of Bernard Madoff's Ponzi scheme continue to trickle down as his accountant pleaded guilty to criminal charges. Judy Woodruff reports. </description></item><item><title>Auto Industry on the Road to Recovery? </title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/business/july-dec09/cars_11-03.html</link><pubDate>Tue, 03 Nov 2009 18:21:00 EST</pubDate><description>The auto industry signaled recovery after GM reported a sales gain and Ford announced an unexpected profit. Jeffrey Brown reports. </description></item><item><title>Other News: Gubernatorial Contests Held in Key States</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/politics/july-dec09/othernews_11-03.html</link><pubDate>Tue, 03 Nov 2009 18:17:00 EST</pubDate><description>In other news, the Taliban denied that the Pakistani army has made gains against militants, and ballots starting rolling in as the key states of Virginia and New Jersey voted for governors. </description></item><item><title>Kindle, Price War Changing the Way We Read</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/business/july-dec09/books_11-02.html</link><pubDate>Mon, 02 Nov 2009 18:42:00 EST</pubDate><description>Jeffrey Brown explores the shifting world of book publishing, and examines how technology and readers are changing the industry. </description></item><item><title>Taxpayers' $2.3 Billion 'Gone' in CIT Bankruptcy</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/business/july-dec09/cit_11-02.html</link><pubDate>Mon, 02 Nov 2009 18:35:00 EST</pubDate><description>The recession claimed another major financial institution, as lending giant CIT filed for bankruptcy after months of struggling to keep the company, which funds about 1 million small- to medium-sized businesses, afloat. </description></item><item><title>Arrogance, Ignorance Recurring in Economic History</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/business/july-dec09/makingsense_11-02.html</link><pubDate>Mon, 02 Nov 2009 18:26:00 EST</pubDate><description>Paul Solman speaks with economists Carmen Reinhart and Ken Rogoff about the financial crisis and how it compares to previous economic meltdowns.</description></item><item><title>Other News: Bomb Kills 35 as Pakistan Violence Continues</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/asia/july-dec09/other_11-02.html</link><pubDate>Mon, 02 Nov 2009 18:18:00 EST</pubDate><description>In other news, a suicide bombing in Pakistan killed 35 people, and Secretary of State Clinton was criticized by Arab states for her talks with Israel.</description></item><item><title>CIT Bankruptcy Produces Winners and Losers</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/updates/business/july-dec09/cit_11-02.html</link><pubDate>Mon, 02 Nov 2009 16:56:00 EST</pubDate><description>CIT, a major lender to small U.S. businesses, filed on Sunday for one of the largest Chapter 11 bankruptcy protections in history.</description></item><item><title>Ask Rogoff and Reinhart Questions About the History of Financial Failures</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/businessdesk/2009/11/ask-rogoff-and-reinhart-questi.html</link><pubDate>Mon, 02 Nov 2009 15:33:56 EST</pubDate><description>Paul Solman answers your questions on business and economic news on "The Business Desk."</description></item><item><title>Ford Posts Surprise Profit, Expects Profit in 2011</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/updates/business/july-dec09/ford_11-02.html</link><pubDate>Mon, 02 Nov 2009 10:19:00 EST</pubDate><description>Ford Motor Co., the only U.S. automaker to avoid bankruptcy this year, posted a surprise $997 million profit in the third quarter and said it expects 2011 to be "solidly profitable." The report sent Ford's shares up 8.3 percent in premarket trading.</description></item><item><title>Shields and Brooks on 'New Candor' with Pakistan, Biden's Poll Numbers</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/politics/july-dec09/shieldsbrooks_10-30.html</link><pubDate>Fri, 30 Oct 2009 18:40:00 EST</pubDate><description>Columnists Mark Shields and David Brooks discuss the top stories of the past week, including Hillary Clinton's visit to Pakistan, Vice President Joe Biden's poll numbers, and upcoming elections in New Jersey and Virginia. </description></item><item><title>With Jobs Still Elusive, White House Defends Stimulus</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/business/july-dec09/stimulus_10-30.html</link><pubDate>Fri, 30 Oct 2009 18:23:00 EST</pubDate><description>President Obama's $787 billion stimulus package has saved or created about 650,000 jobs, the White House said Friday. But with unemployment at a 26-year high, the administration is facing increased criticism about ongoing weakness in the labor market.</description></item><item><title>News Wrap: Stocks Slide on Weak Consumer Spending</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/business/july-dec09/other_10-30.html</link><pubDate>Fri, 30 Oct 2009 18:06:00 EST</pubDate><description>In other news, stocks dropped on Friday on news of weak consumer spending, and the White House said it was unhappy with the output of swine flu vaccine.</description></item><item><title>Stimulus Created, Saved 650,000 Jobs, White House Says</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/updates/business/july-dec09/stimulus_10-30.html</link><pubDate>Fri, 30 Oct 2009 10:33:00 EST</pubDate><description>More than 650,000 jobs have been created or saved by the government's fiscal stimulus program, the White House said Friday.</description></item><item><title>Economy Shows New Signs of Growth, but Jobs Still Lag</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/business/july-dec09/economy_10-29.html</link><pubDate>Thu, 29 Oct 2009 18:03:00 EST</pubDate><description>The U.S. economy ended a year of contraction in the third quarter, expanding by 3.5 percent. While much of the growth is being attributed to President Obama's $787 billion stimulus plan, critics continue to ask, when will jobs return?</description></item><item><title>U.S. Economy Rebounds 3.5% in Third Quarter</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/updates/business/july-dec09/gdprebound_10-29.html</link><pubDate>Thu, 29 Oct 2009 09:51:00 EST</pubDate><description>The U.S. economy expanded at a 3.5 percent annual pace from July to September, according to Commerce Department figures released Thursday, in a signal that the worst recession since the 1930s may be easing.</description></item><item><title>Crackdown Targets Banks Deemed 'Too Big to Fail'</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/business/july-dec09/economy_10-28.html</link><pubDate>Wed, 28 Oct 2009 18:28:00 EST</pubDate><description>The head of a key House committee unveiled legislation Wednesday that would grant the federal government sweeping new powers to police giant financial firms. Jim Lehrer talks to two financial analysts about the debate over "too big to fail" institutions.</description></item><item><title>Other News: Obama Expands Hate Crimes Law</title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/bb/social_issues/july-dec09/othernews_10-28.html</link><pubDate>Wed, 28 Oct 2009 18:15:00 EST</pubDate><description>In other news, President Obama signed an expansion of the federal hate crimes law, and new home sales fell unexpectedly by 3.6 percent in September.</description></item><item><title>Reports: GMAC in Talks to Receive Third Bailout from Government </title><link>http://www.pbs.org/newshour/rss/redir/http://www.pbs.org/newshour/updates/business/july-dec09/gmac_10-28.html</link><pubDate>Wed, 28 Oct 2009 16:33:00 EST</pubDate><description>GMAC, the consumer finance company and onetime subsidiary of GM, is reportedly in talks with Treasury to receive a fresh lifeline of up to $5.6 billion in aid, on top of the $12.5 billion the government has already injected into the company.</description></item></channel></rss>