Mid-day Update

A new IEA report out Tuesday says global oil demand will rise by 1.3 million barrels per day this year. The annual meeting of the World Economic Forum kicks off this week, in Davos. One of the items on the agenda is inequality. And, the JOBS Act will promote equity investing through crowdfunding.

As part of a deal with world powers, Iran says it has begun suspending its nuclear program. In good times and bad, blacks suffer unemployment at much higher rates than whites. That's been true since the time of Martin Luther King, Jr. And, why would anyone want to work for the government?

Hey Smoking, you can add diabetes and rheumatoid arthritis to your list too! Studying abroad in Latin America gets a big boost. And when keeping up with the Jones' means getting your own private water well.

Could personal coaches help low-income students graduate? The NBA is looking across the pond. And the current state of state finances.

The long-term unemployed, the NCAA debates paying its student athletes, and the Fed's bond portfolio.

A Supreme Court case about severance pay, the cost of a water ban, and the Fed's Reverse Repo.

The weather could be partly to blame for last week's poor jobs report. A new retailer admits to being hacked. And new tools are helping the Fed.

The U.S. economy added only 74,000 jobs in December, way below most economists' predictions. The unemployment rate dropped to 6.7 percent. Attention, Target shoppers: That data breach was worse than you thought. And, U.S. Secretary of Agriculture Tom Vilsack talks polar vortex, the farm bill, and food prices.

The unemployment report comes out tomorrow, but there are some positive signs in advance. And, in Silicon Valley, a failed start-up is often considered to be a helpful lesson in how to succeed — next time.

At CES in Las Vegas, the Commerce Department highlights its "Open for Business Agenda." 50 years of the War on Poverty. And, Silicon Valley's embrace of failure as a step toward success can be confusing — especially if you're the venture capitalist that put up the money.