CNBC's Jarvis joins CBS

Rebecca Jarvis, a former reporter for CNBC, will now cover business and economics for CBS News and be a reader for “The Early Show Saturday Edition.”

An announcement posted on the CBS site states, “Jarvis joined CBS News on April 1, 2010, from CNBC, where she reported breaking stock, currency, and commodities market news from the New York Stock Exchange, the NASDAQ, and the New York Mercantile Exchange. While there, Jarvis contributed to MSNBC and NBC News programs, and regularly guest anchored the ‘Closing Bell,’ ‘Squawk on the Street,’ and ‘Power Lunch.’ Additionally, Jarvis covered prominent national events such as the Chrysler and General Motors bankruptcy, the Bernard Madoff scandal, the collapse of Bear Stearns and Lehman Brothers and the sale of Merrill Lynch as well as the 2008 Presidential elections.

“Previously, Jarvis wrote for numerous publications, including Crain’s Chicago Business and Business 2.0. She also has worked in investment banking and foreign currency trading.

“Jarvis graduated from the University of Chicago with a degree in Economics and Constitutional Law. A recipient of the University of Chicago Dean’s Grant, she studied European banking and financial markets and the formation of the European Union at the Université Sciences Po in Paris, France.”

Read more here. Jarvis hadn’t been on the air at CNBC since September, and had a six-month non-compete clause. She spent some of that time traveling in Europe with her mother, Chicago Tribune personal finance columnist Gail MarksJarvis.