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Brazil Hopes To Add Oil Wealth To Booming Economy

Brazil has discovered enormous oil fields 200 miles off its coast. The country is in the midst of a debate about who should benefit from the revenues. But analysts predict its economy will better be able to handle an influx of oil than many other countries.

Reports: Obama To Propose $300 Billion Package Aimed At Boosting Jobs

Sources familiar with what the White House is considering tell the AP the president will call for a one-year extension of a payroll tax cut for workers and an extension of expiring jobless benefits. Republican leaders ask for a meeting with Obama.

Post Office Asks Congress For Permission To Change

U.S. Postmaster General Patrick Donahoe was on Capitol Hill Tuesday. He told a Senate panel if Congress doesn't act fast, the Postal Service won't be able to pay its bills.

Romney Plan Vows To Add 11 Million Jobs In 4 Years

GOP presidential candidate Mitt Romney on Tuesday laid out a wide-ranging economic proposal. Romney announced his plan inside a giant truck warehouse in Nevada.

How Mortgage Refinancing Could Help Spur Economy

Christopher Mayer, and economist at Columbia University, talks to Steve Inskeep about his top fix for the economy. Mayer thinks homeowners with mortgages through Fannie Mae or Freddie Mac should be able to refinance their homes at lower interest rates, regardless of their credit score.

Facing Austerity Measures, Italian Workers Strike

Workers across Italy go on strike as Prime Minister Silvio Berlusconi scrambles to secure parliamentary backing for austerity measures vital to keep European Central Bank support.

Eurozone Troubles Impact U.S. Economy

Investors are increasingly fearful that the Eurozone politicians are incapable of managing the continent's debt problems. The troubles in Europe coincide with a slowdown in the U.S. economy. The world's two largest economic regions are inextricably linked — and neither is moving in the right direction.