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<rss version="2.0"><channel><title>Yahoo! Finance: Economic News</title><link>http://biz.yahoo.com/topic/economy-gov/</link><description>The latest news on the economy from Yahoo! Finance</description><language>en-us</language><lastBuildDate>Sat, 4 Jul 2009 04:02:03 Etc/GMT</lastBuildDate><image><url>http://us.news2.yimg.com/us.yimg.com/p/fi/pr/40197.gif</url><title>Yahoo! Finance</title><link>http://finance.yahoo.com</link><width>144</width><height>17</height></image><item><title>MOUNTAIN OF DEBT: Rising debt may be next crisis (AP)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090704/us_mountain_of_debt.html?.v=1</link><description>The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It&apos;s the national debt.</description><guid isPermaLink="false">yahoo_finance/1880369767</guid><pubDate>Sat, 4 Jul 2009 04:02:03 Etc/GMT</pubDate></item><item><title>MOUNTAIN OF DEBT: Rising debt may be next crisis (AP)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090703/us_mountain_of_debt.html?.v=5</link><description>The Founding Fathers left one legacy not celebrated on Independence Day but which affects us all. It&apos;s the national debt.</description><guid isPermaLink="false">yahoo_finance/872698504</guid><pubDate>Sat, 4 Jul 2009 03:32:32 Etc/GMT</pubDate></item><item><title>Carstens: Mexican economy to shrink 5.5 percent (AP)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090703/lt_chile_mexico_economy.html?.v=1</link><description>Mexico&apos;s treasury secretary says the country&apos;s economy is expected to shrink by 5.5 percent in 2009. The world economic crisis drove Mexico&apos;s economy to contract by 8.2 percent in the first quarter of 2009, prompting the government to officially declare the worst recession since the so-called Tequila Crisis of 1995.</description><guid isPermaLink="false">yahoo_finance/2519549339</guid><pubDate>Fri, 3 Jul 2009 22:28:01 Etc/GMT</pubDate></item><item><title>Kan. gov. likely to get OK for internal borrowing (AP)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090703/ks_kansas_budget.html?.v=1</link><description>Gov. Mark Parkinson appears unlikely to face much trouble persuading legislative leaders to allow a fresh round of internal borrowing so that Kansas can pay its bills on time in coming weeks.</description><guid isPermaLink="false">yahoo_finance/1098522142</guid><pubDate>Fri, 3 Jul 2009 20:02:04 Etc/GMT</pubDate></item><item><title>Canada finance minister says unemployment to rise (AP)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090703/cn_canada_economy.html?.v=3</link><description>Canada&apos;s finance minister said Friday that the country&apos;s economic recovery will likely be modest and job losses will mount into 2010 even after growth has begun.</description><guid isPermaLink="false">yahoo_finance/3160805385</guid><pubDate>Fri, 3 Jul 2009 19:32:56 Etc/GMT</pubDate></item><item><title>Oil falls below $66 after bleak U.S. jobs data (Reuters)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/rb/090703/business_us_markets_oil.html?.v=5</link><description>Oil dropped a dollar to below $66 a barrel on Friday after unemployment data hardened views economic weakness would sap energy demand and that last month&apos;s rally was overdone.</description><guid isPermaLink="false">yahoo_finance/2827587813</guid><pubDate>Fri, 3 Jul 2009 17:42:02 Etc/GMT</pubDate></item><item><title>Oil hovers above $66 after weak jobs data (AP)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090703/oil_prices.html?.v=6</link><description>Oil prices hovered above $66 a barrel Friday in light holiday trading a day after grim unemployment numbers from the U.S. and Europe sent prices tumbling.</description><guid isPermaLink="false">yahoo_finance/283787888</guid><pubDate>Fri, 3 Jul 2009 13:14:30 Etc/GMT</pubDate></item><item><title>Portfolio Planning: A Case Study (BusinessWeek)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/bizwk/090703/0928b4139046346428.html?.v=1</link><description>Five advisers come up with a financial plan for a hypothetical baby boomer couple with kids in college, aging parents, and a decimated retirement account</description><guid isPermaLink="false">yahoo_finance/1874597449</guid><pubDate>Fri, 3 Jul 2009 12:08:41 Etc/GMT</pubDate></item><item><title>Temecula Valley Bank and Joan Sparkman Receive the TVCC Volunteer Business of the Month for July 2009 (Business Wire)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/bw/090703/20090703005023.html?.v=1</link><description>TEMECULA, Calif.----Temecula Valley Bank, the subsidiary of Temecula Valley Bancorp Inc. , receives recognition as the Volunteer Business of the Month for July 2009. Temecula Valley Chamber of Commerce recognizes Joan Sparkman, Senior Vice President Community Relations, and the Bank to show appreciation for the participation and support provided to the TVCC at the committee level.</description><guid isPermaLink="false">yahoo_finance/2866435049</guid><pubDate>Fri, 3 Jul 2009 12:00:00 Etc/GMT</pubDate></item><item><title>Global stocks dip as investors cautious on recovery (Reuters)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/rb/090703/business_us_markets_global.html?.v=2</link><description>World stocks fell on Friday after a disappointing U.S. jobs report and a sluggish euro zone services sector survey reinforced expectations that the process of recovery in the global economy would be long and slow.</description><guid isPermaLink="false">yahoo_finance/1359934737</guid><pubDate>Fri, 3 Jul 2009 11:22:41 Etc/GMT</pubDate></item><item><title>Repayment of UK mortgage debt accelerates in 1Q (AP)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090703/eu_britain_mortgage_debt.html?.v=1</link><description>U.K. homeowners paid down mortgage debt in the first quarter at the fastest rate in a year, shrinking the pool of money available for retail spending, the Bank of England said Friday.</description><guid isPermaLink="false">yahoo_finance/1705687483</guid><pubDate>Fri, 3 Jul 2009 10:37:49 Etc/GMT</pubDate></item><item><title>Malaysia makes bold changes in race-based policies (AP)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090703/as_malaysia_affirmative_action.html?.v=2</link><description>The economic downturn is allowing Malaysia&apos;s leader to chip away at an affirmative action program for Malay Muslims that has been considered virtually untouchable in the past.</description><guid isPermaLink="false">yahoo_finance/1178200001</guid><pubDate>Fri, 3 Jul 2009 09:43:24 Etc/GMT</pubDate></item><item><title>US wants privacy in new cyber security system (AP)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090703/us_cyber_einstein.html?.v=1</link><description>The Obama administration is moving cautiously on a new pilot program that would both detect and stop cyber attacks against government computers, while trying to ensure citizen privacy protections.</description><guid isPermaLink="false">yahoo_finance/631913924</guid><pubDate>Fri, 3 Jul 2009 09:31:14 Etc/GMT</pubDate></item><item><title>Reportlinker Adds China Concrete Machinery Industry Report, 2008-2009 (Business Wire)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/bw/090703/20090703005045.html?.v=1</link><description>NEW YORK----Reportlinker.com announces that a new market research report is available in its catalogue.</description><guid isPermaLink="false">yahoo_finance/1896164365</guid><pubDate>Fri, 3 Jul 2009 08:18:00 Etc/GMT</pubDate></item><item><title>IOUs spell uncertainty for Calif. small businesses (AP)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090703/us_california_budget_ious.html?.v=1</link><description>Business consultant Katrina Kennedy has taken her young son out of preschool and put a family vacation on hold. Dairyman Mike O&apos;Kelly is wondering whether he is going to have to let employees go.</description><guid isPermaLink="false">yahoo_finance/3598343260</guid><pubDate>Fri, 3 Jul 2009 07:58:18 Etc/GMT</pubDate></item><item><title>Oil hovers above $66 after dismal jobs data (AP)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090702/oil_prices.html?.v=15</link><description>Oil prices hovered above $66 a barrel Friday in Asia in light holiday trading volume a day after grim unemployment numbers from the U.S. and Europe sent crude prices tumbling.</description><guid isPermaLink="false">yahoo_finance/156266653</guid><pubDate>Fri, 3 Jul 2009 03:53:48 Etc/GMT</pubDate></item><item><title>Mass. firm gets loan for NY energy storage system (AP)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090702/us_power_grid_batteries.html?.v=2</link><description>A Massachusetts company says the federal government has approved a $43 million loan guarantee to help finance a 20-megawatt energy storage system for New York&apos;s electrical grid.</description><guid isPermaLink="false">yahoo_finance/992383583</guid><pubDate>Fri, 3 Jul 2009 02:03:16 Etc/GMT</pubDate></item><item><title>Lab slated for Kansas still needs fed. permission (AP)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090702/us_biothreat_laboratory.html?.v=1</link><description>Kansas state officials have agreed to give the Homeland Security Department land for a national lab to research deadly germs, but the Justice Department noted Thursday that the agency still needs permission and money from Congress to build the facility.</description><guid isPermaLink="false">yahoo_finance/3500237826</guid><pubDate>Fri, 3 Jul 2009 00:35:57 Etc/GMT</pubDate></item><item><title>Big June Job Losses Heighten Concerns About U.S. Revival (Investor&apos;s Business Daily)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ibd/090702/feature.html?.v=1</link><description>Employers cut far more jobs than expected in June and the unemployment rate hit a 26-year high, the Labor Department said Thursday, raising...</description><guid isPermaLink="false">yahoo_finance/3840327797</guid><pubDate>Thu, 2 Jul 2009 23:02:53 Etc/GMT</pubDate></item><item><title>Earnings to set tone for stocks in week ahead (Reuters)</title><link>http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/rb/090702/business_us_column_stocks_outlook.html?.v=1</link><description>With Wall Street stuck in a range since May, the start of second-quarter earnings season next week could prove to be a decisive factor for determining how much faith investors should have in an economic recovery.</description><guid isPermaLink="false">yahoo_finance/612021106</guid><pubDate>Thu, 2 Jul 2009 23:02:48 Etc/GMT</pubDate></item></channel></rss><!-- c40.finance.sp1.yahoo.com compressed/chunked Fri Jul  3 21:15:20 PDT 2009 -->
