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SIOUX FALLS, South Dakota (AP) -- Oil prices neared new highs for the year Monday as investors geared up for the potential of more OPEC production cuts.

President Barack Obama ended limits on funding for embryonic stem-cell research set by President George W. Bush in 2001. The announcement was coupled with the planned signing of a presidential memorandum directing that "scientific integrity" be restored to government decision-making.

Travelzoo Inc., a global Internet media company, publishes travel offers from various travel companies.  The company is currently valued at 77 million, with revenue of 81 million and gross profits of 76 million.   The internet travel publisher's stock price has been beaten down for months.

Financials are showing some signs of strength. Massive capitulation over the recent months have created some buying opportunities, some professionals are speculating.  One Exchange Traded Fund (ETF) UYG, which is ultra long (3x) financials, is off from a high of 70.00 to a mere 1.50.

OMAHA, Neb. (AP) -- Billionaire Warren Buffett said unemployment will likely climb a lot higher depending upon how effective the nation's policies are, but he remains optimistic over the long term.