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President Obama held a conference call with leaders of key European allies over economic sanctions aimed at hitting key sectors of the Russian economy. The consensus among the leaders, for now, is to target Russia’s banking and energy sector.

President Obama held a conference call with leaders of key European allies over economic sanctions aimed at hitting key sectors of the Russian economy. The consensus among the leaders, for now, is to target Russia’s banking and energy sector. Major Garrett reports.

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The U.S. added 192,000 new jobs for the month March, finally regaining jobs lost in the Great Recession. Private sector jobs are now at a record high of 116 million. But could that be reason to celebrate?

The U.S. added 192,000 new jobs for the month March, finally regaining jobs lost in the Great Recession. Private sector jobs are now at a record high of 116 million. But could that be reason to celebrate? CBS News business analyst Jill Schlesinger explains what these numbers could mean for the job market.

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The U.S. economy has regained all the private sector jobs it lost in the Great Recession. The latest unemployment rate remained unchanged, sitting at 6.7 percent, but as Anthony Mason reports, millions of Americans have been forced to work part time.

The U.S. economy has regained all the private sector jobs it lost in the Great Recession. The latest unemployment rate remained unchanged, sitting at 6.7 percent, but as Anthony Mason reports, millions of Americans have been forced to work part time.

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Christine Lagarde spoke to a panel at Johns Hopkins University about the crisis in Ukraine as well as the global economy. Lagarde said she hopes geo-political tensions will lessen so that the people of Ukraine can recover.

Christine Lagarde, the managing director for the International Monetary Fund, spoke to a panel at Johns Hopkins University about the crisis in Ukraine as well as the global economy. Lagarde said she hopes geo-political tensions will lessen so that the people of Ukraine can recover.

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Sales of existing homes fell 7% last month year from the same period a year ago. One reason may be because people between the ages of 25 and 33, critical first-time home buyers, can't afford the purchase due to other bills, including student loan debt

Sales of existing homes fell 7 percent last month year from the same period a year ago. One reason may be because people between the ages of 25 and 33, critical first-time home buyers, can't afford the purchase due to other bills, including student loan debt. CBS News business analyst Jill Schlesinger explains.

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