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No cigar: Economic embargo on Cuba turns 50 (AP)

FILE - In this Nov. 7, 2006 file photo, a car drives past a billboard that reads in Spanish; '70 percent of Cubans have been born under the Embargo,' in Havana, Cuba.  The United States economic embargo on Communist-run Cuba turned 50 on Feb. 7, 2012. Cuba updates its estimate of how much the embargo has cost it using a complicated - and some say flawed - calculus that takes into account years of interest, the end of the gold standard and other factors. (AP Photo/Javier Galeano, File)AP - When it started, American teenagers were doing "The Twist." The United States had yet to put a man into orbit around the Earth. And a first-class U.S. postage stamp cost 4 cents.


Bernanke urges Congress to address Bush tax cuts (Reuters)

Reuters - Federal Reserve Chairman Ben Bernanke on Tuesday warned Congress that putting off a decision on the fate of expiring Bush administration tax cuts could unsettle businesses and households, undercutting the U.S. economic recovery.

Bernanke repeats vow to shield U.S. from Europe fallout (Reuters)

Reuters - Federal Reserve Chairman Ben Bernanke on Tuesday renewed a pledge to prevent Europe's financial crisis from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last week.

Job openings rise to 3.4 million in December (Reuters)

Reuters - The number of jobs waiting to be filled rose in December as employers tried to ramp up hiring in factories, retail and business services, the government said on Tuesday.

Dow approaches 13,000, and maybe a record to come (AP)

FILE - In this Jan. 10, 2012 file photo, trader Kevin Lodewick, right, works on the floor of the New York Stock Exchange. A strong one-day rally — caused by a deal to lock down badly needed bailout money for Greece, perhaps, or another unexpectedly positive economic report, like Friday's unemployment numbers — could put it over the 13000 mark. (AP Photo/Richard Drew, File)AP - It was just last summer that the Dow Jones industrial average shed 2,000 points in three terrifying weeks. Investors had a host of things to worry about, including the possibility of another recession.


Bernanke sticks with low-rate policy at hearing (AP)

Chairman of the Federal Reserve Ben Bernanke holds a news conference at the William McChesney Martin Federal Reserve Board Building in Washington, January 25, 2012. REUTERS/Larry DowningAP - Ben Bernanke on Tuesday reiterated the Federal Reserve's plan to hold interest rates near record lows until at least late 2014.


New US sanctions on Iran aim to head off Israel (AP)

FILE- In this April 8, 2008, file photo  released by the Iranian President's Office, Iranian President Mahmoud Ahmadinejad, center, listens to a technician during his visit of the  Natanz Uranium Enrichment Facility some 200 miles (322 kilometers) south of the capital Tehran, Iran. For the first time in nearly two decades of escalating tensions over the Iranian nuclear program, it appears that world leaders are genuinely concerned that an Israeli military attack on the Islamic Republic could be imminent, an action that many fear might trigger war, terrorism and global economic havoc. (AP Photo/Iranian Presidents office, File)AP - Additional U.S. sanctions on Iran are more significant for their timing than their immediate effect on Iran's economy, coming as the United States and its allies are arguing that Israel should hold off on any military strike on Iranian nuclear facilities to allow more time for sanctions to work.


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