<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><atom:link href="http://wcbstv.com/business/resources_rss.xml" rel="self" type="application/rss+xml"/><title>New York News, Weather, Sports &amp; Traffic - WCBSTV.com</title><link>http://wcbstv.com/business</link><description><![CDATA[New York News, Weather, Sports & Traffic - WCBSTV.com]]></description><language>en-US</language><copyright><![CDATA[(c)  MMIX, CBS Broadcasting Inc. All Rights Reserved.]]></copyright><pubDate>Sat, 07 Nov 2009 22:45:00 GMT</pubDate><ttl>5</ttl><item><title><![CDATA[Comparing 3 Different Health Bills At Debate]]></title><guid>http://wcbstv.com/business/health.care.plans.2.1298677.html</guid><link>http://wcbstv.com/business/health.care.plans.2.1298677.html</link><description><![CDATA[Here is a comparison of the three health care bills before Congress,
including one by House Democrats and an alternative by House
Republicans. In the Senate, Majority Leader Harry Reid, D-Nev.,
is finalizing legislation merging the work of two committees and making
other changes. The Senate Democrats' bill has not yet been made public,
so some specifics are unknown.
]]></description><pubDate>Sat, 07 Nov 2009 21:59:10 GMT</pubDate></item><item><title><![CDATA[More Banks Shut Nationwide, Bringing Total To 120]]></title><guid>http://wcbstv.com/business/bank.failure.fdic.2.1298120.html</guid><link>http://wcbstv.com/business/bank.failure.fdic.2.1298120.html</link><description><![CDATA[Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans. The Federal Deposit Insurance Corp. took over United Commercial Bank in San Francisco, with $11.2 billion in assets and $7.5 billion in deposits. East West Bancorp Inc., parent company of East West Bank based in Pasadena, Calif., is buying all of the deposits and most of the failed bank's assets.
]]></description><pubDate>Sat, 07 Nov 2009 21:17:37 GMT</pubDate></item><item><title><![CDATA[New Scams Center On H1N1, Fake IRS Emails]]></title><guid>http://wcbstv.com/business/top.4.scams.2.1297693.html</guid><link>http://wcbstv.com/business/top.4.scams.2.1297693.html</link><description><![CDATA[Lately people have been worried about H1N1 flu and when scam artists see that worry, they also see an opportunity to get your cash. One of the latest scams is centered around H1N1, but there are also other ways scam artists are targeting the public, CBS station KDKA-TV reports.<br />
]]></description><pubDate>Sat, 07 Nov 2009 02:38:38 GMT</pubDate></item><item><title><![CDATA[IRS Hunting Down Taxpayers -- For Refunds!]]></title><guid>http://wcbstv.com/business/irs.tax.refunds.2.1297386.html</guid><link>http://wcbstv.com/business/irs.tax.refunds.2.1297386.html</link><description><![CDATA[The IRS is trying to track down more than 100,000 lost taxpayers nationwide, and for once, these folks will want to be found. The Internal Revenue Service often strikes fear in a lot of people, and they're not the folks you want searching for you. "Well I think I would be nervous at first," one resident said. "I'd be horrified at first, I think the first reaction is bad news," said another. For once, it's good news: the IRS has more than 100,000 unclaimed refund checks, worth more than $120 million. 
]]></description><pubDate>Sat, 07 Nov 2009 00:59:24 GMT</pubDate></item><item><title><![CDATA[Stocks Post Modest Gains As Job Losses Slow]]></title><guid>http://wcbstv.com/business/stocks.market.dow.2.1296129.html</guid><link>http://wcbstv.com/business/stocks.market.dow.2.1296129.html</link><description><![CDATA[\Investors undaunted by a surprisingly weak jobs report found enough positive news to nudge stocks higher. News that the nation's unemployment rate rose above 10 percent last month for the first time in 26 years didn't derail the stock market's strong gains in the week, which lifted major indexes more than 3 percent.
]]></description><pubDate>Fri, 06 Nov 2009 22:38:59 GMT</pubDate></item><item><title><![CDATA[Consumer Borrowing Falls $14.8B In September]]></title><guid>http://wcbstv.com/business/consumer.borrowing.sinks.2.1296881.html</guid><link>http://wcbstv.com/business/consumer.borrowing.sinks.2.1296881.html</link><description><![CDATA[Consumers borrowed less for a record eighth straight month in September
amid rising unemployment and tight credit conditions. Economists worry
the declines in borrowing will drag on the fledgling recovery. The Federal Reserve says borrowing fell at an annual rate of $14.8
billion in September. That's the biggest decline since July and is
larger than the $10 billion drop economists expected.<br />
]]></description><pubDate>Fri, 06 Nov 2009 21:06:04 GMT</pubDate></item><item><title><![CDATA[Obama 'Won't Rest' Until America Prosperous Again]]></title><guid>http://wcbstv.com/business/obama.jobs.homes.2.1295866.html</guid><link>http://wcbstv.com/business/obama.jobs.homes.2.1295866.html</link><description><![CDATA[President Obama said new figures released Friday showing
national unemployment has hit the double-digit mark are a sobering
reminder of the challenges still facing the U.S. economy. "I will not rest until all Americans who want work can,"he said during a news conference Friday at the White House.<br />
]]></description><pubDate>Fri, 06 Nov 2009 17:35:38 GMT</pubDate></item><item><title><![CDATA[Student Loan Debt Burdens Recent Grads]]></title><guid>http://wcbstv.com/business/student.loans.college.2.1295386.html</guid><link>http://wcbstv.com/business/student.loans.college.2.1295386.html</link><description><![CDATA[Jobs are scarce and many college graduates are sitting on mountains of debt. Students are borrowing more than ever to get their diploma and some worry this could be the next economic bubble to burst. CBS station WJZ-TV reports.
]]></description><pubDate>Fri, 06 Nov 2009 03:25:53 GMT</pubDate></item><item><title><![CDATA[W.H.: Obama Will Extend Homebuyer's Tax Credit]]></title><guid>http://wcbstv.com/business/congress.jobs.homebuyers.2.1293300.html</guid><link>http://wcbstv.com/business/congress.jobs.homebuyers.2.1293300.html</link><description><![CDATA[The White House says President Barack Obama on Friday morning will sign a bill that expands a popular homebuyers tax credit and extends unemployment benefits. Congress on Thursday completed work on the $24 billion economic package that seeks to help out the millions who have lost jobs and have been unable to rejoin the workforce. The White House announced Obama's intention to sign the bill shortly after Congress finished the legislation.<br />
<br />
]]></description><pubDate>Thu, 05 Nov 2009 23:49:13 GMT</pubDate></item><item><title><![CDATA[Stocks Surge On Jobs Data, Cisco Forecast]]></title><guid>http://wcbstv.com/business/stocks.market.dow.2.1293703.html</guid><link>http://wcbstv.com/business/stocks.market.dow.2.1293703.html</link><description><![CDATA[A drop in unemployment claims and an upbeat forecast from Cisco Systems Inc. gave investors a jolt of confidence a day before a key government report on jobs. The Dow Jones industrial average jumped 200 points Thursday to its first close above 10,000 in two weeks, while the Nasdaq composite index led major indexes with a gain of 2.4 percent after Cisco, the maker of computer-networking gear, predicted its revenue would grow.<br />
]]></description><pubDate>Thu, 05 Nov 2009 22:29:27 GMT</pubDate></item></channel></rss>