HTML tags not formatting correctly

I’m trying to show a feed from Wired magazine, but some HTML tags are showing up, such as <i> and

Here is my site http://gisttech.com/wordpress/ (switching domains currently, by the time you read this it might be http://selecticity.com/wordpress/)

Here is the hungryfeed code I am using
[hungryfeed url=”http://feeds.wired.com/wired/index&#8221; feed_fields=”” link_target=”_blank” max_items=”7″]

Thanks for the help!

http://wordpress.org/extend/plugins/hungryfeed/