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    <title>Mail.com: Economic outlook</title>
    <link>http://www.mail.com/subjects/1368-economic-outlook.html</link>
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    <language>en</language>
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      <title>Mail.com: Economic outlook</title>
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      <title>Oil gains to near $96 as investors eye US economy</title>
      <link>http://www.mail.com/business/economy/2092432-oil-gains-to-96-investors-eye-us-economy.html</link>
      <description>The price of oil rose to near $96 a barrel on Friday ahead of the release of Conference Board's index of leading indicators for the U.S. economy. 
                   By early afternoon in Europe, benchmark oil for June delivery was up 45 cents to $95.61 a barrel in electronic trading on the New York Mercantile Exchange. The contract rose 86 cents on Thursday. The Conference ...</description>
      <pubDate>Fri, 17 May 2013 11:42:15 GMT</pubDate>
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      <dc:date>2013-05-17T11:42:15Z</dc:date>
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      <title>Bank of England sees 'modest, sustained' recovery</title>
      <link>http://www.mail.com/business/economy/2087232-bank-england-sees-modest-sustained-recovery.html</link>
      <description>LONDON (AP) — The Bank of England predicted a modest and sustained economic recovery for Britain on Wednesday, but tempered hope that the worst might be over with predictions that inflation will remain above its targets for the next two years. 
                   In presenting the central bank's quarterly inflation report, Governor Mervyn King offered a twinkling of optimism...</description>
      <pubDate>Wed, 15 May 2013 17:04:14 GMT</pubDate>
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      <dc:date>2013-05-15T17:04:14Z</dc:date>
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      <title>Eurozone growth hopes emerge after industrial data</title>
      <link>http://www.mail.com/business/economy/2083912-eurozone-growth-hopes-emerge-industrial-data.html</link>
      <description>LONDON (AP) — A larger-than-expected increase in industrial production across the 17 European Union countries that use the euro has raised hopes that the recession in the currency bloc has eased or even ended. 
                   Official figures released Tuesday from Eurostat, the EU's statistics office, showed eurozone industrial output rose a monthly 1 percent in March, d...</description>
      <pubDate>Tue, 14 May 2013 10:59:41 GMT</pubDate>
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      <dc:date>2013-05-14T10:59:41Z</dc:date>
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      <title>US retail sales rise in April on cars, clothing</title>
      <link>http://www.mail.com/business/economy/2081544-us-retail-sales-rise-april-cars-clothing.html</link>
      <description>WASHINGTON (AP) — Lower-priced gas allowed Americans to step up their spending at retailers in April, from cars and clothes to electronics and appliances. The rebound from a weak March suggests consumers remain resilient in the face of higher taxes and could continue to drive economic growth this spring. 
                   Retail sales edged up 0.1 percent in April, the Com...</description>
      <pubDate>Mon, 13 May 2013 18:02:51 GMT</pubDate>
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      <dc:date>2013-05-13T18:02:51Z</dc:date>
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      <title>US wholesale stockpiles up 0.4 percent in March</title>
      <link>http://www.mail.com/business/economy/2073964-us-wholesale-stockpiles-up-04-percent-march.html</link>
      <description>WASHINGTON (AP) — Wholesale businesses stepped up their restocking of supplies in March, but their sales fell sharply. 
                   The Commerce Department said Thursday that stockpiles held by wholesalers rose 0.4 percent in March compared with February, when they had fallen 0.3 percent. Sales in March dropped 1.6 percent, the biggest setback since March 2009, when t...</description>
      <pubDate>Thu, 09 May 2013 16:28:11 GMT</pubDate>
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      <dc:date>2013-05-09T16:28:11Z</dc:date>
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    <item>
      <title>New stock market milestone: Dow 15,000</title>
      <link>http://www.mail.com/business/finance/2068506-stock-market-milestone-dow-15000.html</link>
      <description>NEW YORK (AP) — The Dow Jones industrial average punched through another milestone Tuesday, closing above 15,000 for the first time just two months after recovering the last of its losses from the 2008 financial crisis. 
                   Good economic reports, strong corporate earnings and fresh support from central banks helped ease investor concerns about another economi...</description>
      <pubDate>Tue, 07 May 2013 23:06:20 GMT</pubDate>
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      <dc:date>2013-05-07T23:06:20Z</dc:date>
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    <item>
      <title>Solid job gains in April ease fears about economy</title>
      <link>http://www.mail.com/business/economy/2060700-solid-job-gains-april-ease-fears-economy.html</link>
      <description>WASHINGTON (AP) — The U.S. economy showed last month why it remains the envy of industrialized nations: In the face of tax increases and federal spending cuts, employers added a solid 165,000 jobs in April — and far more in February and March than anyone thought. 
                   The hiring in April drove down the unemployment rate to a four-year low of 7.5 percent and se...</description>
      <pubDate>Fri, 03 May 2013 23:32:33 GMT</pubDate>
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      <dc:date>2013-05-03T23:32:33Z</dc:date>
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    <item>
      <title>Strong US jobs report triggers stock market rally</title>
      <link>http://www.mail.com/news/politics/2060532-strong-us-jobs-report-triggers-stock-market-rally.html</link>
      <description>LONDON (AP) — Stock markets rallied on Friday, with both the Dow and S&amp;P hitting new highs, after an unexpectedly strong U.S. jobs report indicated the world's largest economy is not slowing down, as some had feared. 
                   The Labor Department said a net 165,000 jobs were created in April, above the market expectations for 140,000. The previous two months' weak...</description>
      <pubDate>Fri, 03 May 2013 16:23:15 GMT</pubDate>
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      <dc:date>2013-05-03T16:23:15Z</dc:date>
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    <item>
      <title>EU predicts eurozone recession to continue in 2013</title>
      <link>http://www.mail.com/business/economy/2060492-eu-predicts-eurozone-recession-to-continue-2013.html</link>
      <description>BRUSSELS (AP) — Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemployment at record levels, the European Union warned Friday. 
                   In its spring economic forecast, the EU said that gross domestic product in the 17 member countries that use the euro will shrink by 0.4 percent this ...</description>
      <pubDate>Fri, 03 May 2013 14:32:52 GMT</pubDate>
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      <dc:date>2013-05-03T14:32:52Z</dc:date>
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      <title>April report to show whether weak hiring persisted</title>
      <link>http://www.mail.com/business/finance/2060340-april-report-to-whether-weak-hiring-persisted.html</link>
      <description>WASHINGTON (AP) — A report Friday on April employment could show whether weak hiring in March marked a temporary lull or the fourth year in which a slumping economy has slowed job growth. 
                   Economists predict that the job gains likely improved on March's 88,000 — the fewest in nine months. But the hiring isn't expected to be much better. Most analysts think...</description>
      <pubDate>Fri, 03 May 2013 07:21:26 GMT</pubDate>
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      <dc:date>2013-05-03T07:21:26Z</dc:date>
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    <item>
      <title>Stocks gain after unemployment claims fall</title>
      <link>http://www.mail.com/business/economy/2058452-stocks-gain-unemployment-claims-fall.html</link>
      <description>NEW YORK (AP) — The stock market is all about jobs this week. 
                   Stocks rose Thursday after unemployment claims fell to a five-year low. A day earlier it was just the opposite; the market slumped after companies added just 119,000 jobs in April, the fewest in seven months, according to payroll processor ADP. And stocks could swing again Friday when the gover...</description>
      <pubDate>Thu, 02 May 2013 21:38:27 GMT</pubDate>
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      <dc:date>2013-05-02T21:38:27Z</dc:date>
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    <item>
      <title>US jobless claims fall to 5-year low of 324K</title>
      <link>http://www.mail.com/business/finance/2058270-us-jobless-claims-fall-to-5-year-low-324k.html</link>
      <description>WASHINGTON (AP) — The number of Americans seeking unemployment aid fell last week to seasonally adjusted 324,000, the lowest since January 2008. The drop points to fewer layoffs and possibly more hiring. 
                   The Labor Department said Thursday that weekly applications fell 18,000, the second straight sharp drop. The four-week average, a less volatile measure, ...</description>
      <pubDate>Thu, 02 May 2013 13:12:11 GMT</pubDate>
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      <dc:date>2013-05-02T13:12:11Z</dc:date>
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    <item>
      <title>Fed keeps stimulus, says taxes and cuts have hurt</title>
      <link>http://www.mail.com/business/economy/2056462-fed-stimulus-taxes-cuts-hurt.html</link>
      <description>WASHINGTON (AP) — The Federal Reserve cautioned America's political leaders Wednesday that their policies are hurting the economy. 
                   The Fed stood by its aggressive efforts to stimulate the economy and reduce unemployment. But it sent its clearest signal to date that tax increases and spending cuts that kicked in this year are slowing the economy. 
        ...</description>
      <pubDate>Wed, 01 May 2013 23:44:31 GMT</pubDate>
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      <dc:date>2013-05-01T23:44:31Z</dc:date>
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    <item>
      <title>Stocks sink as economic outlook dims; Dow off 138</title>
      <link>http://www.mail.com/business/economy/2056954-stocks-sink-economic-outlook-dims-dow-138.html</link>
      <description>NEW YORK (AP) — The stock market fell the most in two weeks as the outlook for the economy grew dimmer. 
                   The Dow Jones industrial average fell 138 points to close at 14,701 Wednesday. The Standard &amp; Poor's 500 dropped 14 to 1,582. The Nasdaq lost 29 points to 3,299. All three indexes fell 0.9 percent. Small-company stocks fell more than the rest of the mar...</description>
      <pubDate>Wed, 01 May 2013 20:13:29 GMT</pubDate>
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      <dc:date>2013-05-01T20:13:29Z</dc:date>
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      <title>Survey: Private employers add just 119K in April</title>
      <link>http://www.mail.com/business/economy/2055802-survey-private-employers-add-119k-april.html</link>
      <description>WASHINGTON (AP) — A private survey shows U.S. companies added just 119,000 jobs in April, the fewest in seven months. 
                   The report Wednesday from payroll processor ADP suggests that government spending cuts and higher taxes could be starting to weigh on the job market. And new requirements under President Barack Obama's health care law may be prompting some...</description>
      <pubDate>Wed, 01 May 2013 13:45:21 GMT</pubDate>
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      <dc:date>2013-05-01T13:45:21Z</dc:date>
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      <title>Brighter view on jobs and pay lifts US confidence</title>
      <link>http://www.mail.com/business/finance/2054502-brighter-view-jobs-pay-lifts-us-confidence.html</link>
      <description>WASHINGTON (AP) — Americans are more optimistic the job market is healing and will deliver higher pay later this year. That brighter outlook, along with rising home prices, cheaper gasoline and a surging stock market, could offset some of the drag from the recent tax increases and government spending cuts. 
                   A gauge of consumer confidence rose in April, rev...</description>
      <pubDate>Tue, 30 Apr 2013 19:57:13 GMT</pubDate>
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      <dc:date>2013-04-30T19:57:13Z</dc:date>
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      <title>US consumer confidence up on better hiring outlook</title>
      <link>http://www.mail.com/business/economy/2053546-us-consumer-confidence-up-better-hiring-outlook.html</link>
      <description>WASHINGTON (AP) — Americans' confidence in the economy jumped this month, helped by a better outlook for the job market and expectations for higher pay. 
                   The Conference Board, a New York-based private research group, said Tuesday that its consumer confidence index rose to 68.1 in April. That's up from a reading of 61.9 in March, bringing the index back to ...</description>
      <pubDate>Tue, 30 Apr 2013 14:20:24 GMT</pubDate>
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      <dc:date>2013-04-30T14:20:24Z</dc:date>
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      <title>Australia tax revenue falls as mining boom cools</title>
      <link>http://www.mail.com/business/finance/2050342-australia-tax-revenue-falls-mining-boom-cools.html</link>
      <description>CANBERRA, Australia (AP) — Australia's government said Monday that its tax revenue has continued to fall in recent months as company profits declined and the mining boom that kept the nation out of recession cools. 
                   Prime Minister Julian Gillard said revenue for the fiscal year ending June 30 will be 12 billion Australian dollars ($12.4 billion) less than ...</description>
      <pubDate>Mon, 29 Apr 2013 05:36:25 GMT</pubDate>
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      <dc:date>2013-04-29T05:36:25Z</dc:date>
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      <title>US economy accelerates at 2.5 percent rate in Q1</title>
      <link>http://www.mail.com/business/finance/2046520-us-economy-accelerates-25-percent-rate-q1.html</link>
      <description>WASHINGTON (AP) — Americans shrugged off higher taxes to lift the U.S. economy at the start of the year. Government spending fell, though, and the impact of the tax increases along with federal budget cuts could slow growth later this year. 
                   Economic growth accelerated to a 2.5 percent annual rate in the January-March quarter, the Commerce Department said ...</description>
      <pubDate>Fri, 26 Apr 2013 18:28:27 GMT</pubDate>
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      <dc:date>2013-04-26T18:28:27Z</dc:date>
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      <title>Draining cash, Egypt on $30 billion search for aid</title>
      <link>http://www.mail.com/business/finance/2046046-draining-cash-egypt-30-billion-search-aid.html</link>
      <description>CAIRO (AP) — During a meeting in a Black Sea resort city, Egypt's president and members of his government turned to Russian President Vladimir Putin and asked for a sizable loan, according to a Putin aide. 
                   Egypt's Mohammed Morsi appealed to Moscow and Cairo's past ties, recalling how the former Soviet Union stepped in to finance the building of the Aswan ...</description>
      <pubDate>Fri, 26 Apr 2013 15:03:22 GMT</pubDate>
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      <dc:date>2013-04-26T15:03:22Z</dc:date>
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      <title>Futures fall, US economic growth misses view</title>
      <link>http://www.mail.com/business/economy/2046470-futures-fall-us-economic-growth-misses-view.html</link>
      <description>NEW YORK (AP) — Stock futures slipped Friday with the nation's economic growth during the first quarter coming in a bit weaker than economists had expected. 
                   Consumer spending, which drives a huge portion of the economic activity in the U.S., was back in force, however, and partially offset a pullback in government spending. Dow Jones industrial futures fe...</description>
      <pubDate>Fri, 26 Apr 2013 13:17:07 GMT</pubDate>
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      <dc:date>2013-04-26T13:17:07Z</dc:date>
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      <title>Japan prices fall in March as deflation drags on</title>
      <link>http://www.mail.com/business/economy/2045902-japan-prices-fall-march-deflation-drags.html</link>
      <description>TOKYO (AP) — Japan's consumer price index fell 0.9 percent in March from a year earlier, underlining the challenge of ending a long spell of debilitating deflation despite an onslaught of monetary easing and stimulus spending. 
                   Citing expectations that the policies will soon turn take hold, the central bank raised its inflation forecast for the coming two ...</description>
      <pubDate>Fri, 26 Apr 2013 11:11:44 GMT</pubDate>
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      <dc:date>2013-04-26T11:11:44Z</dc:date>
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      <title>US economy likely rebounded in first quarter</title>
      <link>http://www.mail.com/business/finance/2046310-us-economy-rebounded-quarter.html</link>
      <description>WASHINGTON (AP) — U.S. economic growth likely accelerated from January through March from a near-stall at the end of 2012, propelled by a revival in housing, steady consumer spending and increased stockpiling by businesses. 
                   But the faster growth isn't expected to last. Broad government spending cuts and higher taxes have begun to weigh on the economy, mak...</description>
      <pubDate>Fri, 26 Apr 2013 10:14:55 GMT</pubDate>
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      <dc:date>2013-04-26T10:14:55Z</dc:date>
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      <title>US applications for unemployment aid drop to 339K</title>
      <link>http://www.mail.com/business/finance/2043902-us-applications-unemployment-aid-drop-to-339k.html</link>
      <description>WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to a seasonally adjusted 339,000, the second-fewest in more than five years. The drop suggests that layoffs have declined and that job growth may pick up from last month's sluggish pace. 
                   Applications for benefits dropped 16,000, the Labor Department said Thursday. The f...</description>
      <pubDate>Thu, 25 Apr 2013 15:26:05 GMT</pubDate>
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      <dc:date>2013-04-25T15:26:05Z</dc:date>
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      <title>German government raises 2013 growth outlook</title>
      <link>http://www.mail.com/business/economy/2043600-german-government-raises-2013-growth-outlook.html</link>
      <description>BERLIN (AP) — The German government on Thursday raised slightly its growth forecast for this year, though it still expects Europe's biggest economy to expand by only 0.5 percent. 
                   The new forecast compares with the previous prediction in January of 0.4 percent growth. The economy grew by 0.7 percent in 2012 — much slower than the two previous years but sti...</description>
      <pubDate>Thu, 25 Apr 2013 12:08:02 GMT</pubDate>
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      <dc:date>2013-04-25T12:08:02Z</dc:date>
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      <title>SKorea's economic growth hits 2-year high in 1Q</title>
      <link>http://www.mail.com/business/economy/2043014-skoreas-economic-growth-hits-2-year-high-1q.html</link>
      <description>SEOUL, South Korea (AP) — South Korea's economy expanded at the fastest level in two years in the first quarter as capital expenditure and exports turned higher, the central bank said Thursday. 
                   South Korea's economy grew 0.9 percent in the January-March period from three months prior, accelerating from 0.3 percent growth in the fourth quarter, according t...</description>
      <pubDate>Thu, 25 Apr 2013 00:35:14 GMT</pubDate>
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      <dc:date>2013-04-25T00:35:14Z</dc:date>
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      <title>Predictions of ECB rate cut grow as growth fades</title>
      <link>http://www.mail.com/business/finance/2041286-predictions-ecb-rate-cut-grow-growth-fades.html</link>
      <description>FRANKFURT, Germany (AP) — Evidence that Europe's economic downturn is weighing more heavily on its strongest member, Germany, has convinced more and more experts that the European Central Bank will cut interest rates soon. 
                   The latest downbeat sign came Wednesday from the closely watched Ifo index of German business confidence. It fell to 104.4 points in A...</description>
      <pubDate>Wed, 24 Apr 2013 13:36:28 GMT</pubDate>
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      <dc:date>2013-04-24T13:36:28Z</dc:date>
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      <title>German business optimism falls more than expected</title>
      <link>http://www.mail.com/business/economy/2041036-german-business-optimism-falls-than-expected.html</link>
      <description>FRANKFURT, Germany (AP) — A key measure of German business optimism fell in April, suggesting Europe's biggest economy might not be rebounding as expected and likely putting more pressure on the European Central Bank to cut interest rates. 
                   The Ifo institute said Wednesday that its index fell to 104.4 points from 106.7 in March. Market analysts had expecte...</description>
      <pubDate>Wed, 24 Apr 2013 09:18:45 GMT</pubDate>
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      <dc:date>2013-04-24T09:18:45Z</dc:date>
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      <title>UN lowers 2013 Latin America growth forecast</title>
      <link>http://www.mail.com/business/economy/2039110-un-lowers-2013-latin-america-growth-forecast.html</link>
      <description>SANTIAGO, Chile (AP) — The economy of Latin America and the Caribbean is expected to grow by 3.5 percent this year, less than previously forecast, because of uncertainty about the future of the world economy and slower growth in developed nations, the United Nations said on Tuesday. 
                   The region's growth estimate was also lowered from an earlier 3.8 percent...</description>
      <pubDate>Tue, 23 Apr 2013 15:40:57 GMT</pubDate>
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      <dc:date>2013-04-23T15:40:57Z</dc:date>
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    <item>
      <title>Stocks recover slightly, ending tough week</title>
      <link>http://www.mail.com/business/economy/2031210-stocks-recover-slightly-tough-week.html</link>
      <description>NEW YORK (AP) — Strong earnings from a pair of technology giants helped the stock market recover some of its losses Friday, a positive end to Wall Street's worst week in five months. 
                   Microsoft and Google both beat earnings expectations, yields of government bonds ticked up and copper — a key industrial metal — continued its fall, losing 2 percent. Microso...</description>
      <pubDate>Fri, 19 Apr 2013 21:19:11 GMT</pubDate>
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      <dc:date>2013-04-19T21:19:11Z</dc:date>
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